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Global Ship Lease, Inc. (GSL)

NYSE - Nasdaq Real Time Price. Currency in USD

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Visitors trend2W10W9M

22.17

-0.08

(-0.36%)

As of 04:00PM EDT. Market open.

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A
$ZIM conversation
Mt top 10 highest conviction swing-trade shipping stocks for 5/20/2022 (in descending order with daily expected upside

$ZIM - ZIM Integrated Shipping (Strong Buy - 15% upside)
$GOGL - Golden Ocean Group (Strong Buy - 13% upside)
$DAC - Danaos Corporation (Strong Buy -11.5% upside )
$GSL - Global Shipping Lease (Strong Buy - 10% upside)
$MATX - Matson (Strong Buy - 9.5% upside)
$SB - Safe Bulkers (Strong Buy - 9.5% upside)
$TGH Textainer Group Holdings (Strong Buy - 8.5% upside)
$ATCO - Atlas Corporation (Buy - 7% upside)
$CMRE - Costamare Inc. (Buy - 6% upside)
$GNK -Genco Shipping (Buy - 6% upside)

#RemindMeMonday
Bullish
P
Why O WHY can't they just continue adding the PER DAY rate, like they used to tout on EVERY charter?....

"Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) today announced a forward agreement of a 48-52 month charter for the 8,600 TEU, 2004-built GSL Ningbo. The charter under the new terms is scheduled to commence in July 2023, at a rate generating average annualized EBITDA of approximately $16.6 million, which is 3.1 times that under its existing charter agreed in late 2020."
A
$CMRE conversation
Container Shipping Companies are Locked into Blistering Earnings and Unbelievable Shareholder returns for at least through the end of 2023.

$ZIM $MATX $TGH $DAC $GSL $ATMO

https://www.freightwaves.com/news/despite-rising-risks-container-shipping-poised-for-another-record-year
j
Amazing earnings so of course the stock drops.
A
$ZIM conversation
Anyone who doesn't see the HUGE opportunity in shipping stocks right now is blind. The world's supply chains are broken, China is about to reopen, and shipping companies will soar like no other rally we have ever seen.

$ZIM $GOGL $MATX $DAC $KEN $TGH $SB $GSL
B
why is this so weak ? cause the dividend lock?
A
$MATX conversation
$MATX beats their pre-announced Q1 2022 results! Their original range was $8.00 - $8.20 EPS and they just reported final EPS of $8.23 EPS. Great job team! All container shipping companies are KILLING it this quarter!
$ZIM $DAC $GOGL $TGH $GSL
Bullish
A
$ZIM conversation
$ZIM Container shipping could rebound by late April as Covid eases in China, shipping investment firm exec says.

$ZIM $DAC $KEN $TGH $GSL $MATX

https://www.cnbc.com/2022/04/20/mandarin-shipping-on-the-outlook-for-the-container-shipping-industry.html
A
Credit Suisse’s Zoltan Pozsar suggests that the Russia-Ukraine conflict could be a strong tailwind for shipping stocks.

$ZIM $SBLK $DAC $GRIN $KEN

https://www.usfunds.com/resource/credit-suisse-says-it-may-be-time-to-go-long-shipping-freight-rates/
Bullish
J
$DAC conversation
Post this morning by J Mintzmyer on twitter regarding the proposed new US regulations.

Slightly net bearish- $MATX $ZIM
Bullish- $DAC $GSL
Super bullish- $TGH $TRTN
b
CHEAP CHEAP CHEAP
k
$ZIM conversation
Mintzmyer from twitter is very bearish on Zim. His words:
$ZIM dip isn't surprising me at all.

What is crazy is how $DAC $GSL $TGH etc getting sold off hard with little discretion. Totally different firms.
L
any idea why this is getting hammered today?
D
Well, they zapped (redeemed) almost a quarter of my GSLD "shares." At least they are paying off debt and saving some interest... but I did like the interest.
k
$ZIM conversation
Mintzmyer super bearish on Zim and bullish on Dac.

Risk/reward is much better with a $DAC $GSL than a $ZIM. $TGH $TRTN even safer yet. I haven’t been long $ZIM for about a month now…
J
$40-$45 is coming this year along with another increase in dividend and more share buybacks.

Riding 10k shares since low $20s.
D
looking for the bottom? above $25.
P
9% pull back today on more than avg volume
B
180% return and still climbing. This is INSANE. Projections are still positive but I think I'm going to take my gains and run.
Bullish
M
i bought a few more .. at 26.50