Page 1 of 1

Let see if I can go 3 for 3 TIP DAC

Posted: Mon May 16, 2022 11:00 am
by Fraser921
Last week i gave you TRMD 9.58 today 12.88 up 34 % one week

Todays play is Danous corp : Ticker DAC

They release earnings tonight red hot container shipping company

earnings are expected to be 6.00 or so for the qtr.

Im going for 16.00 yes that's not a typo. 6.50 operating + 9.50 in investment gains which are marked to mark

Do you own DD

https://www.danaos.com/investors/events ... fault.aspx

Last qtr it didnt really move with earnings. This qtr I think will be different. No one is expecting those non operating gains

even with out those 1 time gains they are doing 26 for the year for an 81 dollar stock Price at time of writing 81.21

BUY

Re: Let see if I can go 3 for 3 TIP DAC

Posted: Mon May 16, 2022 4:16 pm
by Fraser921
results in.... $ 16.00 per share diluted on the nose! 11.36 per share adjusted..A lot of that is non recurring investment gains

This has to move to $100 next 3 months, imho

Paid off 400 m debt with the excess cash

https://www.danaos.com/news-and-media/p ... fault.aspx

https://www.danaos.com/files/doc_presen ... y-2022.pdf