The GOOD NEWS that was never said is that the chance of issuing more equity now seems to be quite low. This may have been holding down the price per share.
Debt at low cost is readily available, while cash flow from operations permits strong growth potential. The issuance of ABS notes at the lowest interest rate ever by a container leasing company is a great positive. Further acquisitions from sale/lease back transactions and from managed portfolios provide good returns with low risk.
Q4 looks to be headed for another record quarter as do the results for the year, 2012!!!