.COM is a lessor of container ships. Twelve percent of its stock is owned by insiders. That's a huge amount.Most of the companies in the S&P 500 are less than one-half of one percent insider owned. Seaspan's CEO and founder, Gerry Wang, is well-connected and very familiar with the Asian markets. He has a smart, conservative philosophy...
this will move up but not to soon, half of thier future potential fleet is under construction. some of thier current contract run 11 years out but the current expense of construction and renovation will afffect thier curent bottom line. as thier fleet starts leaving the building ship yards those current cost will translate to profits. right now they are $6.00 below the high of the year and the earn...
This is a well-run company looking to benefits from increasing trades in the coming years. This company build ships and then lesase them to shipping companies with long-term contracts. The company is planning to expand its fleet to 100 ships by 2010. Given the fixed rate, long term nature of its charters, Seaspan enjoys a highly predictable, steady stream of cash flow. Seaspan’s total...
About Seaspan Corp.
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