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Global Ship Lease, Inc. Message Board

heth247 2 posts  |  Last Activity: Mar 1, 2016 11:34 AM Member since: Mar 2, 2007
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  • Reply to

    comment on the common divi suspension

    by luckijack1 Mar 1, 2016 11:28 AM
    heth247 heth247 Mar 1, 2016 11:34 AM Flag

    I haven't gotten chance to listen to the CC. Is there a chance that they can buy back the debt at a discount? Did they give a number of how much are they planning to buy back the common? They are going to save about $45MM for the next two years by cutting the dividend. That's more than half of the market cap at current price.

  • Reply to

    Getting closer

    by caffeine444444 Feb 29, 2016 10:04 AM
    heth247 heth247 Feb 29, 2016 1:05 PM Flag

    Caff, what is your view of the post-merger? I think you used to have a $30 target based on a massive buyback during the merger which improve the metrics of 8150 by 20%. But now since it is a straight conversion, what is your expectation over the next 1-2 year time. Thanks.

    Sentiment: Strong Buy

1.450.00(+0.01%)10:40 AMEDT