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EXCEL MARITIME CARR Message Board

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  • simonsez22000 simonsez22000 Jan 16, 2008 12:50 AM Flag

    I'm never buying on fundamentals again..

    On the contrary my friend. I'll post what I posted on another. Profit is key.

    I agree. The market is taking full advantage of the downturn, the BDI, and the seasonal aspect of this stock and just knocking it down. One quick comparison is EXM's PE is 10 vs DRYS=6.8. Exm seems to "pop" more than any other and I believe it be more popular despite DRYD being more profitable(73.8% profit margin vs 37.5% EXM) hence the fundamentals everybody is talking about.

    What alot of people dont get on this board and who are new(where I'm still learning about this sector too) is the profitability!! For example the big names:
    Microsoft's profit margin = 27.5%
    Google = 26.9%
    EMC = 12.15%

    And hello.....

    EXM = 39.51%
    DRYS = 73.8%

    Most companies would kill to have that type of profit! Who cares if it drops 40 points as long as it comes back right? No worries. You dont lose $ unless you sell.....

    Just a quote from todays article:

    "The world will keep turning, and trade will keep going on," he said. "This is such a hot sector -- an awful lot of investors are just getting used to how these stocks work. I see them coming back. (The market) seems quite spring loaded"

    EXM will go back up but yes it may not be for a month or two or spring when the weather is better....iron ore negotiations....China's iron ore inventory is dwindling and they as well as others will need it as well as everything else....

 
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