PINL:NMPGY - Post by User
Comment by
tinyjon Jan 17, 2010 4:16am
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Post# 16687980
RE: Considering an entry point...
RE: Considering an entry point...It's debt to equity ratio is higher than some of the other leaders in this industry , but still below or around the average compared to other shipping industry contenders. NM is trading below it's book value and just started a .06 per share quarterly dividend. It has quite a high beta compared to the industry average and it looks like it's a fairly new public company. $5.00 to 6.00 range would probably be a good buy if it heads that way. Thoughts, ideas...