SB's smart move - Just got more information about the acquisitio

The fact that this acquisition is paid by cash on hand also shows the financial strength of this company. Investing in such a company is like hiring a bunch of smart people to manage a business for you. 

https://globenewswire.com/news-release/2017/12/14/1262303/0/en/Safe-Bulkers-Inc-Announces-the-Acquisition-of-a-Post-Panamax-Class-Dry-bulk-Vessel.html

近兩天SB和SBLK的股價主要受船運價回調的 打壓。2018年對船運股來講仍有很多不確定因素。正如我以前所講，在當前的船運價水平下,SB的價值應該在$3左右;SBLK的價值應該在$10左右。但是要記住,它們的價值會隨著船運價的波動而變。如果現在的船運價能保持在這個水平上6個月, SB和SBLK 都會漲30%-50%，也就是說,SB會輕鬆的到$4-$4.5, SBLK會輕鬆的到$13-$15。另外再強調一下: 船運價每漲$1,000,SB就會漲$1.4, 而SBLK就會漲$4。相應的風險就是: 如果船運價大幅下挫,SB和SBLK的股價將會按同樣的幅度($1,000對應$1.4 /$4)下跌。

Just got more information about the acquisition - ship was purchased at auction for $15.8m, a very attractive price, good job!
This company just made $5M for its shareholders by this transaction!

 

Americana

Post Panamax

91,900

Sungdong

2010

15.8

At Auction

17.1

Safe Bulkers

Merchant Marine Management