GNK dropped 50% in value since you made this video. Don't let P/E, EPS and book value per share ratios fool you. Everything seems OK with the company on the paper, but it keeps sinking. I think we have to know more about the management. George Seorgiopoulos is also on board of General Maritime (GMR), which also went down by 74% since you made this video.
Management is the key on this one, there seems to be something dodgy with the management. You have any thoughts?
Genco Shipping & Trading Limited (NYSE:GNK) is the 3rd most efficient company in this segment of the market. Its earnings per employee was $188,132 for the last 12 months. Its revenue per employee was $480,419 for the same period.
GNK dropped 50% in value since you made this video. Don't let P/E, EPS and book value per share ratios fool you. Everything seems OK with the company on the paper, but it keeps sinking. I think we have to know more about the management. George Seorgiopoulos is also on board of General Maritime (GMR), which also went down by 74% since you made this video.
Management is the key on this one, there seems to be something dodgy with the management. You have any thoughts?
49fiori 10 months ago
Genco Shipping & Trading Limited (NYSE:GNK) is the 3rd most efficient company in this segment of the market. Its earnings per employee was $188,132 for the last 12 months. Its revenue per employee was $480,419 for the same period.
gabrysiek 2 years ago
Nice pick - very profitable, good EPS, balance sheet.
Take a look at RODM too.
gabrysiek 2 years ago