I was just thinking along similar lines. One of my concerns is around the 40% - 50% pay cut to the management payroll which will have supported the increased profit despite the decreased revenue. When will the reversion occur. Although, based upon their approach to date, it will probably be when the results suggest that it's appropriate to do so. My other concern is how long it may take for the world's shipping lanes to normalize but I rest with the idea that the trading world will return to some degree of efficiency sooner rather than later. There is something almost unique about their style. They don't waste too much time talking about the job they've done, they just get on with the job and let the numbers speak for themselves.
SDI Price at posting:
80.0¢ Sentiment: Hold Disclosure: Held
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