Genco Shipping & Trading Ltd. (GNK) - Investment Analysis

For disclosure reasons I do hold shares and I am in no way trying to promote the company for a short-term profit. Genco Shipping company in my opinion is the blue chip of its industry and has the balance sheet to take advantage of distressed assets. With the $75m investment into a subsidy called Baltic Trading Ltd the company has the shareholders interest at hand in trying to create long term value. Please leave comments so we can discuss strengths & weaknesses in the company for the opportunity to make a profit. Thank you again for watching.

*Slight correction: George Seorgiopoulos is the CEO

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[49fiori]

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?

[gabrysiek]

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]

Nice pick - very profitable, good EPS, balance sheet.

Take a look at RODM too.