RE:RE:BDI target raised...The company should be worth atleast $3 based on their current assets. Doesn't seems like the $720 million contract or Lodgelink gets the love it deserves. Lodgelink is hiring 760 workers over the next 5 years. Even if BDI doubles over the next 5 years, which is very conservative, you're most likely gonna end up beating the S&P 500.
Reguarly buying BDI shares can be a very smart thing to do over the next few years, as you currently get Lodgelink for free while the other assets are trading at the liquidation value.
The only thing I am a bit worried about is capital allocation. Hopefully they're giving Lodgelink all the capital that it needs in order to grow as fast as possible. It might be a bit hard for the management to relocate capital from their modular fleet to the more asset light Lodgelink, as the management team might be more comfortable investing in physical assets.