Friday, February 7, 2014

Published On Seeking Alpha: Navios Acquisition: A Quality Company At Close To Net Asset Value

With one of the strongest management teams in the industry and a preference for long term charters to mitigate the high risk inherent in the shipping industry, Navios Acquisition (NNA) has survived the global recession, a period of greatly restricted funding for ship owners, and the bankruptcy and financial distress of less well-positioned industry peers. After a recent sell-off from 52 week highs, the company appears to be a good value for investors desiring exposure to the crude and refined products tanker business as the company's shares trade at a small premium to net asset value.

To see the rest, go here:

As always, this is meant as entertainment rather than investing advice.  Consult your advisors, throw the yarrow sticks and get out the I Ching, do your own due diligence, take you own risks.

No comments:

Post a Comment