At an absolute minimum - say current conditions prevail for the next ten years, I would guess at least 90cps (p/e of 3). If economic conditions improve then leveraged eps upside is significant - say $3.00 - $3.50 total eps over 10 years. Given that they have a young and efficient fleet and work force they are in the box seat to survive an extreme market down turn. Don't forget that they trading at a large disount to NTA. Have to look past the immediate future when investing. Stick your neck out encore!
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