Sumoy

Investment ideas and financial education

Tsakos Energy Navigation – a leveraged but safe tanker play

Today I plan to cover a Greek tanker name that has endured a couple of very dilutive capital increases since the rates started dropping and that has cut its USD0.15 … Continue reading

22/04/2013 · 1 Comment

Boredom at Iberpapel

Since my initial look to the stock, the company has performed as expected, and the share price has marginally appreciated (+14% including a 25cents dividend), but still lagging the local … Continue reading

02/04/2013 · Leave a comment

Endesa – Spain won´t do well any time soon.

Endesa shares are not that cheap anymore after a 45% rally in 8 months. Given their recent gloomy guidance for Spain and their LatAm leverage, I would be selling the … Continue reading

14/03/2013 · 2 Comments

some thoughts on equity valuation – high PE companies

Thanks to some remarkable evolutionary tricks, like female menopause, and an increased overall comfort, humans are able to live beyond half a century. Still, enjoying better longevity prospects than most … Continue reading

24/02/2013 · Leave a comment

Paragon – keep bleeding

PRGN:NYSE will have liquidity problems in 2013 that may probably trigger asset sales and additional equity issue. I tweak down my expectatives for 2012 (opex higher than expected due to … Continue reading

28/12/2012 · Leave a comment

Petronas Chemicals Group – Go long like a true insider

Dow Chemical and Saudi Aramco are embarked in huge a USD20bn petrochemical project. Despite being away of the growing Asian markets, SADARA project makes perfect sense thanks to the very … Continue reading

17/12/2012 · 1 Comment

Star Bulk Carriers – navigating at the edge

This NASDAQ-listed dry bulk shipping company is sailing through one of the worst markets ever. Huge oversupply depresses rates, and only the hope for higher scrapping rates and a low … Continue reading

14/12/2012 · 1 Comment
Follow

Get every new post delivered to your Inbox.

Join 461 other followers