ZACKS HAS TARGET PRICE OF $6 HERE
Man Davies
Posts (4982)
CHINA PUMP N DUMP
BOOK VALUE, PER SHARE: $31+
Trading at a factor of 60 BELOW book
This can be classified as:
HIGHLY UNDERVALUE
About Seanergy Maritime Holdings Corp.
Seanergy Maritime Holdings Corp. is the only pure-play Capesize shipping company listed in the US capital markets. Seanergy provides marine dry bulk transportation services through a modern fleet of 11 Capesize vessels, with a cargo-carrying capacity of approximately 1,926,117 dwt and an average fleet age of about 11.5 years.
The Company is incorporated in the Marshall Islands with executive offices in Athens, Greece and an office in Hong Kong. The Company's common shares trade on the Nasdaq Capital Market under the symbol "SHIP".
RISK HERE IS UNACCEPTABLE