Diana Containerships Inc. (DCIXV) Message Board
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DCIX Dividend & THE GRAPES of WRATH by Steinbeck
To all th ecomplainers about the DCIX Dividend.
In the classic film "The Grapes of Wrath" Tom (Henry fonda) has a line that goes "Last night we had meat..it tweren't much, but at least it WAS MEAT"..
You figure out the correlation-
From Jaws: "You yell barracuda in the water and everyone says 'huh, what?'...you yell shark, and you got a full-blown panic on the Fourth of July".
- 1 Reply to twhite113
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Uh.....yeh...and??? YOUR point is????
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Great point and excellent literature reference. Steinbeck was a great American author.
- 2 Replies to rgock
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Thank you for being at least one amongst many who recognize the reasons for the comparison in his post. There is still hope for America
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And his writings have no relationship whatsoever to stock investing, LOL.
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In the film Soylent Green....IT's PEOPLE
- 1 Reply to js_488
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What in th eliving hell does that line from Soylent have to do with the original premise of the GoW line's point. There are some real dummerazzens on this site
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You're not even close to quoting the movie accurately. From the screenplay:
TOM
We was outa food. Tonight we had meat. Not much, but we had it. Think Pa's gonna give up his meat on account a other fellas? An' Rosasharn needs milk. Think Ma's gonna starve that baby jus' cause a bunch a fellas is yellin' outside a gate?
http://www.dailyscript.com/scripts/grapes_of_wrath.html- 2 Replies to barjonicat
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you mucking foron..it was a paraphrase and that IS NOT THE POINT ANYWAY..THE POINT WAS SINCE YOU ARE UNABLE TO RECOGNIZE IT, IS THAT THE WHINER ABOUT THE DIV SHARES STILL GOT SOME MEAT. Damn, we sure hope you do not procreate.
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Trading Places 1983:
Randolph Duke: Ezra. Right on time. I'll bet you thought I'd forgotten your Christmas bonus. There you are.
Ezra: Five dollars. Maybe I'll go to the movies... by myself.
Mortimer Duke: Half of it is from me.
Ezra: Thank you, Mr. Mortimer.
We tend to feel like Ezra about this DCIX dividend when the stock price has halved.
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Well, for whatever it is worth, at this valuation you are buying the company about 5 x fcf based on low rent and before they complete utilizing their $44M cash to buy another ship or two...
The 70% of fcf should be > $0.6/share cash dividend that is sustainable with close to no levarage.
I am hopefull, but you never know.
Good luck to us longs here.- 1 Reply to ofir_menkes
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Don't want the dividend, want capital appreciation.
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