With some new and other extended contracts in 2013 on the way, The World Cup Brazil 2013 will still be a factor for continued expansion and growth for the company and Brazil will be it's biggest prospects for revenue and margin growth.
Nicely said Elle... they probably think the last update was to trick people into buying this stock so they can pull the rug from under them. Don't fall for it guys.....get out now! Really? Contract prices rising and new ships (when they come on board) will also obtain higher day prices. That means not just 3 ships renewed at daily rates far more than they expected in there future EBIDA predictions...there are several coming for renewing next year and plus the 3 ships to be delivered. Potentially...not 8 mill in "Profit/Earnings" but times that by three...24 mill per year in profit gains. This just in their Offshore business! Now comes the river business where this years horrible crop of soybeans will be in the past. A "no brainer" for me still!