New, and very positive, article on Seeking Alpha.
"The first quarter of 2015 was the strongest quarter in years. The general uptick in rates seen through the fourth quarter of 2014 continued without the fallback seen during the same quarter in 2014. Suezmax rates up to the week ending March 13, 2015 averaged just over $51,000 per day based on the Clarksons Modern Suezmax Tanker Index. For the equivalent VLCC index the average was just over $53,000 per day."
Wow! So we should expect another 100k sales bump for APT! And that's an astounding 8k in extra profit!! Think we'll see the $10/shr level again?
"Everything is getting worse..."
It would be nice for you to be more specific as all the numbers show otherwise.
It's interesting that while Sales of DRII are about 50% more than Bluegreen, both have about the same Net--Income-before-Tax at ~$110M.
Now, the market cap of DRII is $2.48B so if you take 46% of that (representing BBX's share of Bluegreen) you get $1.14B. The $1.14B divided by the number of BBX share outstanding (17.56M) gives you a BBX shr value of JUST the Bluegreen asset of $64.96 per shr!
I'll bet you didn't/won't retire in your 40s like I did. And you lose more than win in the mkt, no doubt. Everything you posted about APT has been wrong... what me to remind you of all your nonsense?