Wolle Rose kaufe?...WKN A0NAK5

Paragon Shipping Inc. Reports Third Quarter and Nine Months Ended September 30, 2013 Results



   Net revenue of $13.4 million, up by 3% year over year in the third quarter of 2013
   Adjusted EBITDA of $5.7 million in the third quarter of 2013
   Adjusted net loss of $409,676, or $0.04 per common share in the third quarter of 2013
   Completed a $34.5 million equity offering and subsequently purchased two Eco-Design Ultramax newbuilding drybulk carriers

ATHENS, Greece, November 7, 2013 - Paragon Shipping Inc. (NASDAQ: PRGN) ("Paragon Shipping" or the "Company"), a global shipping transportation company specializing in drybulk cargoes, announced today its results for the third quarter and nine months ended September 30, 2013.
http://www.paragonship.com/news.php  

für ne Order Schnüre:: Preis pro Anteilsschein 4,92 $ Schleife 4.000 spread 22,39%

buran und MfG und tau  

PRGN - NGM $4.81 Up
0.23 5.02%
Paragon Shipping Inc.
http://www.paragonship.com/stock-quotes.php  

Datum Erster Hoch Tief Schluss     Stücke Volumen
  15.11.13      4,62      4,93§4,54 4,81 $ 178.575 0,84 M

GrB  

Datum Erster Hoch Tief Schluss     Stücke Volumen
20.11.13 4,85 4,88 4,71   4,73 $ 96.840 461 T

GrB  

Zeit   Kurs Stück
  11:57:06§4,044 € 99
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GRATULATION  

Zeit    Kurs Stück
  08:31:30§4,09 € 3.500
__________________
GRATULATION  

RTK 5,635  $ RTP +5,33 EK 5,35 $ last shares 100 full realtime 113.581 peak 5,88

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ist das Pferd Paragon Shipping ein guter Tipp!
 

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das Schiff Paragon!

Wir stehen bei 91 Millionen Euro!

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Its Handysize Newbuilding Vessel And The Arrangement Of Financing For Its First Two Ultramax Newbuildings
15:25 07.01.14

PR Newswire

ATHENS, Greece, Jan. 7, 2014

ATHENS, Greece, Jan. 7, 2014 /PRNewswire/ -- Paragon Shipping Inc. (NASDAQ: PRGN) ("Paragon Shipping" or the "Company"), a global shipping transportation company specializing in drybulk cargoes, announced today that it has taken delivery of M/V Proud Seas, a 37,227 dwt Handysize vessel, from Zhejiang Ouhua Shipbuilding Co. in China.

In addition, the Company announced today that it has entered into an agreement with HSH Nordbank AG, subject to final documentation, to partially finance its first two Ultramax drybulk newbuildings, which are expected to be delivered to the Company in the second and third quarters of 2014. For each of the two Ultramax vessels, HSH Nordbank AG has agreed to finance the lower of $17.2 million or 65% of the vessels' market value upon their delivery.

Commenting on the developments, our Chairman and CEO, Michael Bodouroglou, stated "We are very pleased to announce the delivery of M/V Proud Seas, which increases our operating fleet size to 14 drybulk vessels for the first time in the Company's history. Including our latest acquisition, the average age of our fleet has improved from 7.9 to 7.3 years. In addition, having secured financing for our first two Ultramax drybulk newbuildings, we have successfully secured our further fleet expansion to 16 drybulk vessels by the third quarter of this year."

About Paragon Shipping Inc.

Paragon Shipping Inc. is an international shipping company incorporated under the laws of the Republic of the Marshall Islands with executive offices in Athens, Greece, specializing in the transportation of drybulk cargoes. Paragon Shipping's current fleet consists of fourteen drybulk vessels with a total carrying capacity of 853,699 dwt. In addition, Paragon Shipping's current newbuilding program consists of two Ultramax drybulk carriers and one 4,800 TEU containership that are scheduled to be delivered in 2014, as well as two Ultramax drybulk carriers that are scheduled to be delivered in 2015. Paragon Shipping has granted Box Ships Inc., an affiliated company, the option to acquire its containership under construction. For more information, visit: www.paragonship.com. The information contained on the Paragon Shipping's website does not constitute part of this press release.

Contacts

Paragon Shipping Inc.

ir@paragonship.com

Allen & Caron Inc.

Rudy Barrio (Investors)

r.barrio@allencaron.com

(212) 691-8087

Len Hall (Media)

len@allencaron.com

(949) 474-4300

SOURCE Paragon Shipping Inc.


Quelle: PR Newswire  

Datum Erster Hoch Tief Schluss     Stücke Volumen
  07.01.14      7,34      7,77§7,12 7,47 $ 463.319 3,38 M

GrB  

Datum Erster Hoch Tief Schluss     Stücke Volumen
  07.01.14     5,466     5,698§5,466 5,698 € 1.050 5.751

GrB  

company incorporated under the laws of the Republic of the Marshall Islands with executive offices in Athens, Greece, specializing in the transportation of drybulk cargoes. Paragon Shipping's current fleet consists of fourteen drybulk vessels with a total carrying capacity of 853,699 dwt. In addition, Paragon Shipping's current newbuilding program consists of two Ultramax drybulk carriers and one 4,800 TEU containership that are scheduled to be delivered in 2014, as well as two Ultramax drybulk carriers that are scheduled to be delivered in 2015. Paragon Shipping has granted Box Ships Inc., an affiliated company, the option to acquire its containership under construction. For more information, visit: www.paragonship.com. The information contained on the Paragon Shipping's website does not constitute part of this press release.  

Zeit    Kurs Stück
  13:14:42§5,113 € 0
  13:14:41§5,368 € 500
  10:03:01§5,368 € 200
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dann nimmt das Schiff endlich Fahrt auf ! lach

Backbord voraus  ! Ahoi Steuermann  

Shipping shares fall as index shows extended drop in activity, rates
Associated PressBy The Associated Press
January 10, 2014 12:32 PM

Dry bulk shipping company shares fell Friday after a key industry report showed that activity and rates are off to a bad start for the year.

The Baltic Dry Index, which is an indicator of activity on major shipping lanes throughout the world, has fallen every day of 2014 after a run up at the end of 2013. The index is a key measure of global trade because it indicates how well shipments of everything from coal to cement are moving.

According to DryShips Inc., the overall Baltic Dry Index dropped 11 percent to 1,512 as of Friday.

This sent shares of a number of dry shipping companies down. Here's a look at how some companies were faring as of midday amid a modest market dip:

Diana Shipping Inc. shares fell nearly 2 percent to $12.14

Genco Shipping & Trading Ltd. fell nearly 8 percent to $2.38

Navios Maritime Holdings Inc. shares fell 5 percent to $9.18

Paragon Shipping Inc. shares fell 3 percent to $7.02

Navios Maritime Partners LP fell 4 percent to $17.97

Safe Bulkers Inc. shares fell 5 percent to $9,69

Eagle Bulk Shipping Inc. shares fell nearly 4 percent to $3.71

.http://finance.yahoo.com/news/...s-down-lower-activity-173238658.html  

Operating Cash Flow (ttm): 5.07M
Levered Free Cash Flow (ttm): 19.83M
http://finance.yahoo.com/q/ks?s=PRGN+Key+Statistics  

Total Cash (mrq): 46.89M
Total Cash Per Share (mrq): 2.69
Total Debt (mrq): 184.77M
Total Debt/Equity (mrq): 77.52
Current Ratio (mrq): 0.41
Book Value Per Share (mrq): 13.67
http://finance.yahoo.com/q/ks?s=PRGN+Key+Statistics  

http://finance.yahoo.com/q/p?s=PRGN+Press+Releases GrB  

Shipping Industry
Jan. 17, 2014 10:50 AM ET |  About: TEU, Includes: NM, PRGN, SEA
Disclosure: I am long NM, . (More...)
Box Ships Inc. (TEU) is an international shipping company based in Greece that was formed in 2011 by parent company Paragon Shipping (PRGN). It specializes in the shipment of containers. Currently it operates a fleet of 9 vessels with average age of 8.8 years and total carrying capacity of 43,924 twenty-foot equivalent units - TEU's.

Box Ships has really fallen on hard times lately, as has most of the shipping industry. In fact, since their IPO in 2011 shares of TEU have dived over 73%. The company has had multiple share offerings since it's IPO, adding roughly 10 million shares of common stock and preferred stock. Also, in November Box Ships cut its dividend in half. This drove out many of those investors who were simply holding on to shares for the yield.

TEU Chart

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TEU data by YCharts

It's been a painful first 2 years for investors in TEU. While this all may look discouraging, I believe it offers new investors a great opportunity to play a turnaround in the dry bulk shipping industry. The overall shipping industry has been slammed the past five years. This began with the market collapse of 2008 in the U.S., which was followed by a tremendous slowdown in the global economy and trade. Also, there were issues specific to the industry that added to this downward pressure - oversupply to the operators resulting in record low shipping rates, increased competition, and tiny profits. Basically we had a global economy in recession with an oversupply of shipping vessels which combined to have a drastic affect on most companies involved. In this environment or reduced rates and demand, shipping companies are not willing to lease their ships unless they can make money.

However, despite coming into existence during the worst period possible (looking at the chart below) Box Ships has been making money during this time. In fact, better than most. They've had one of the highest operating margins in the industry over the past 2 years, which currently sits at about 34%. They've posted a net profit for 10 straight quarters.

Recently, the shipping industry has shown signs of a turnaround. Looking at a 5-year chart of both the Baltic Dry Index and the Guggenheim Shipping ETF (SEA), you'll notice that both are in an upward trend, well above their lows from back in 2012.

(click to enlarge)


Morgan Stanley shipping analyst Fotis Giannakoulis recently said that the shipping industry is in the beginning of a two year rally. He sees the demand growth for ships finally outpacing the supply growth in 2014 as well as 2015, for the first time in over 5 years. Fotis is also one of the four analysts who covers TEU. Unfortunately, he just downgraded his rating of Box Ships to "underweight" with a price target of $2.50. Overall average price target is $3.67 with 1 sell and 3 holds, representing a 21% upside from current share price.

The Dividend Is Safe Now

Despite the recent dividend cut, shares still yield almost 8% annually, paying out $0.24 in dividends per share every year. With a total float of around 25 million shares, this comes out to $6 million in dividend payments. Preferred shares pay out $1.2 million in dividends annually, for a total of about $7.2 million. Free cash flow came in at $32 million in 2012 and I estimate that it will be at $18 million for 2013 once the final quarter's numbers are released in February. As you can see, TEU is generating enough cash to meet all its commitment to shareholders.http://seekingalpha.com/article/...ing-shipping-industry?source=yahoo