Tags
Tag Archives: OCNF
OceanFreight Inc. not doing well
ocnf051909.pdf application/pdf Object.
The short earnings release linked above from OceanFreight Inc. shows why this is one of the worst performing shipping stocks for 2009.
Falling revenue compared to a year earlier.
Higher interest expense.
Increasing costs.
I see no good reason to own this stock.
Suspended dividend shipping company list
I have received an email requesting a list of shipping companies that have suspended or slashed their dividends. I have been tracking the shipping stocks I know of using Google Portfolios and have kept a sub-portfolio of the companies which have suspended dividends. This list is compiled from my own reading and research so any [...]
Shipping Stocks Performance Year-to-Date
It is (almost) the end of the first quarter of 2009 so I thought I would put up a little data on how the shipping stocks I track have fared. I keep a Google portfolio that has been tracking the values of 42 shipping stocks on an equal dollar weighted average since January 1, 2009. [...]
The suspended dividend list
When I started putting together a list of shipping stocks for this blog I decided to have sub-lists related to the sub-sectors in the industry. Another thought was to separate out the dividend paying stocks, since that tends to be a major attraction in the shipping space. That genius idea led to the formation of [...]

Interesting results for shipping subsectors