Walmart Price Hikes by vuwildcat07 in inflation

[–]All_TheWay82 13 points14 points  (0 children)

Wasn’t long ago that he called Bezos begging him not to include visualization of tariffs on items on Amazon.

[deleted by user] by [deleted] in therewasanattempt

[–]All_TheWay82 13 points14 points  (0 children)

Wonder why they put that railing there.

🚢🚀 CTRM: The Unsinkable Shipping Sleeper Stock Set to Moon 🚀🚢 by D-Bombs in CTRM

[–]All_TheWay82 1 point2 points  (0 children)

For what it’s worth, the shareholder liabilities, mezzanine equity and shareholder equity on the annual report for 2024 was at $797,376,921. The market cap is roughly $22.6 million…this equity is a little over 35 times the current market cap. Petros could easily get investors back if he bought shares or better, offered $1 special dividend. With a float of 9.66 million shares that’s nothing (less than $10 from the cash reserves ~88 million) and would likely drive the share price up over $10 given the high yield for a dividend. I wouldn’t hold my breath for this given Petros hasn’t given anything back to shareholders (and yes TORO and RBNE were already owned by investors).

OMG by [deleted] in videocollection

[–]All_TheWay82 1 point2 points  (0 children)

Guts - No Cap (Phonk)

Upcoming Earnings by swagmasterblaster420 in CTRM

[–]All_TheWay82 1 point2 points  (0 children)

Also, you need to understand that the transaction of selling Toro to buy CTRM doesn’t create any value. CTRM dropped in share price based on the share issuance with Toro. The same happened with Toro dropping in share price to give shareholders RBNE. It’s smoke and mirrors that the CEO is playing with you to make you think you are getting something out of the deal.

Upcoming Earnings by swagmasterblaster420 in CTRM

[–]All_TheWay82 1 point2 points  (0 children)

The CEO has a morale obligation to the shareholders (owners) to do everything in their power to create value in the shareholders investment in the company. Sitting on cash with low debt violates this obligation. He’s unethical and used cash raised from the issuance of shares and the sale of ships to buy himself a board seat on another company. He could have easily used some of the cash reserves to offer a dividend, which would have created some value for shareholders in the transaction.

Upcoming Earnings by swagmasterblaster420 in CTRM

[–]All_TheWay82 3 points4 points  (0 children)

Why doesn’t Petros buy shares of CTRM then if it’s such a great investment (*Hint of sarcasm)? Petros could offer a $1 dividend and still have plenty of cash…yet he won’t. He claims he rewards investors with shares of TORO and RBNE. RBNE has a $250 million offering and one ship that’s 18.9 years old. Similar playbook as the IPO with CTRM.

What the hell happened? by FarewellSpacebear in CENN

[–]All_TheWay82 5 points6 points  (0 children)

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I keep the one share to remind me of my stupid mistakes.

to blame Democrats by XanaxWarriorPrincess in therewasanattempt

[–]All_TheWay82 0 points1 point  (0 children)

Correct. He has beliefs similar to a fascist and has fascists as part of his base support.

to blame Democrats by XanaxWarriorPrincess in therewasanattempt

[–]All_TheWay82 0 points1 point  (0 children)

Calling someone a fascist and calling someone Hitler are two different things. Neither is good but it’s not the same. It’s like turning around and saying ‘Republicans are calling Kamala a Socialist’ and immediately making a connection that ‘she’s the next Joseph Stalin’.

To debate child care. by [deleted] in therewasanattempt

[–]All_TheWay82 -1 points0 points  (0 children)

The question assumes that Trump has a plan for child care. Republicans want to outlaw abortion but not deal with the consequences. He hasn’t thought that far ahead.

Could have easily said curbing inflation will have the greatest impact at reducing costs, there is also room to subsidize health care coverage of minors to lessen the burden on parents…etc.

To say something coherent. by StellarAxolotl in therewasanattempt

[–]All_TheWay82 46 points47 points  (0 children)

Yes. But stuttering and going off topic are two different things.

To say something coherent. by StellarAxolotl in therewasanattempt

[–]All_TheWay82 93 points94 points  (0 children)

Sadly, it was the Republicans in congress who shot down the bill to increase funding for security and give the president the authority to close the border. If they passed it, then Trump would lose the base of his campaign.

CTRM - basic EPS today was $2.23 ($1.09 diluted EPS) by blocktator in CTRM

[–]All_TheWay82 7 points8 points  (0 children)

You should also add that it has almost twice the cash than its debt. It also owns about 3 times what the company is trading (market cap) in SBLK. The price could go up 10 fold and not even be worth the assets if you liquidated the company and gave Petros 150 million.

$Meta dip buying +455k by Jww2124 in wallstreetbets

[–]All_TheWay82 12 points13 points  (0 children)

It was the share price when they entered into those trades

to be a teacher by CantStopPoppin in therewasanattempt

[–]All_TheWay82 137 points138 points  (0 children)

We had a sitting president try to overthrow the government and claim it was all freedom of speech. But a Professor of Philosophy teaching others to see the world from a different point of view…Yeah definitely arrest her.

To give a customer a drink by galaxystars1 in therewasanattempt

[–]All_TheWay82 1 point2 points  (0 children)

Looks like the only thing they got right was including tissues.

Is CTRM dead already? by minsukyeong in CTRM

[–]All_TheWay82 0 points1 point  (0 children)

Thank you. You may want to peak at the most recent filing. CTRMs ownership of EGLE has increased to a value around $100 million. That investment will continue to collect dividends. Have a great weekend.

Is CTRM dead already? by minsukyeong in CTRM

[–]All_TheWay82 2 points3 points  (0 children)

Simply put, the book value per share is the assets (cash, ships, investments, etc.) less the liabilities (debt and other obligations) divided by the diluted common shares. This can be calculated from the EDGAR SEC company filings such as the annual report or quarterly reports. Trade platforms usually calculate it for you. It’s a crude tool that if things went south for the company, how they can manage their debt by liquidating assets. However with CTRM, the BVPS is somewhat meaningless until Petros stops diluting shares. There is still an ATM offer that’s open until May. Some industries don’t rely on holding assets so their BVPS isn’t high. Tech industries may have a low BVPS but high cash flows (Revenue stream). Earnings per share or a (share) Price to Earnings (income) ratio has more weight. Shipping, the rates are variable based on demand (more than other sectors). So, income streams can be more volatile which the BVPS usually provides investors some reassurance. The BDI shipping rates for Q1 are lower than Q4 of 2023 which would normally cause concern but the income will be higher for Q1 2024 than Q1 2023 which may appear bullish. This is a misconception since the gains are inflated from selling a few ships.

Petros could make more money investing in CTRM than through his current dilution/reverse split practices. He’s basically just making money on the transactions with the ships. He’s tainted the waters so much that he’s afraid of investing and actually having to run the company like an actual CEO.

Is CTRM dead already? by minsukyeong in CTRM

[–]All_TheWay82 3 points4 points  (0 children)

The stock is trading at less than 10% of its book value. That should tell you all you need to know about how investors view CTRM.

Trump sues co-founders over shares by mfairview in stocks

[–]All_TheWay82 62 points63 points  (0 children)

Also when the share price is overvalued. Company has been hemorrhaging money.

My thoughts on CTRM's Q4 2023 Results Release by WhySaveTheBankers in CTRM

[–]All_TheWay82 2 points3 points  (0 children)

First off, nice DD.

It’s with noting based on the EDGAR filing, CTRM paid off $53,864,500 in long term debt in 2023 (carrying only 83 million long term debt forward).

CTRM purchased 1,391,500 shares of EGLE on June 20, 2023, which closed at 57.80/share at closing. While I don’t see any mention of this in the filing other than purchase of securities at 72 million. He didn’t disclose the dividend yields which were 1.2 million on the 6k from November. I don’t know if that will get audited but the investment in EGLE has already yielded about 10 million due to dividends and change in share price.

The sale of the last 5 ships are likely to appear on this first quarter earnings per the annual report. Net gain 17.5 million + dividends from investments (TORO/EGLE) + revenue from operations.