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Navios Maritime Holdings Inc. |
Please listen to their webcasts, I learned a lot from listening to
them.
I have been jumping in and out of this the last few weeks, and its
time to make a final stand. I bought shares yesterday, they are the
best value in the entire sector. Navios is more than a dry bulker,
they are a excellent infrastructure company, right in the heart of the
fastest growing emerging markets.
Currently i have bids in in a step down fashion. Im looking to buy
more here, and have bids in steps lower.
But lets look at the facts.
The Baltic Dry Index has stopped tanking. in fact the curve has
flattened and is turning up.
Navios the stock price is following the trends in the Baltic index.
As long as the companies that chartered Navios boats, dont cancel
their contracts, this stock is the buy of a lifetime! And looking at
their main customers Petrobras, Cargill, Exxon, RIO, etc... Dont think
these major global players are all likley to default. And if you are
worried about the new boats being delivered, they are contracted out
for 2-3 years the moment they hit the water!
Buy of a lifetime here, all those big blocks of sells going on are
margin calls buy hedge funds. Their loss is our gain!