ASCJF News and Press, American Shipping Co ASA

2024-05-12 23:56:59 ET Summary AMSC ASA, a ship financing company, has seen a significant decline in its stock price and dividend yield. The company has moved away from its previous business segment with the Jones Act, which was a major appeal for investors. The company's futu...

2024-01-12 07:48:54 ET Summary AMSC ASA, a ship financing company, has seen a significant bounce in its stock price and offers a 16%+ yield. However, there is no such thing as a "safe 16% yield" and investing in AMSC ASA comes with elevated risk. The company recently divested ...

--News Direct-- AMSC CEO Pal Magnussen joined Steve Darling from the Proactive studio at the OTC in New York to discuss the company's transition and investment focus. Formerly known as the American Shipping Company, AMSC sold its entire Jones Act tanker business, signalling a shift fr...

2023-09-27 07:51:08 ET Summary AMSC ASA is a ship financing company with similarities to Ocean Yield, but it has a smaller market cap and fewer vessels. The company's move outside the Jones Act may have negative implications for its stability and investment thesis. AMSC ASA ha...

2023-07-16 09:15:00 ET Summary AMSC ASA is a Jones Act ship finance company with several industry tailwinds - no new vessels available until 2028 is supportive of higher rates. Revenue and EBITDA rose ~39% in Q1 '23. AMSC ASA receives very little media coverage in the U.S. ...

Summary I wrote an article on AMSC ASA a few months back, presenting and giving you my basic thesis on this small, interesting business. Shipping is a notoriously difficult sector to invest in successfully - aside from the giants, I now try to stay some distance off and evaluate every d...

Summary At the most conservative valuation for Aker ASA, it trades substantially below the sum-of-parts valuation of its public and private holdings as an investment/industrial company. Every single one of its affiliated businesses are either backed by infrastructural or at least pseudo...

NEW YORK, NY / ACCESSWIRE / January 17, 2023 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day January Micro-Cap Conference taking place Wednesday and Thursday, January 18-19, 2023. The links can also be found at www.sidoticonference.com/events . ...

Summary American Shipping Company yields 13.04%, and pays quarterly. It's a core holding in the HDS+ portfolio, with a total return from inception of 82.72%. American Shipping Company has a total return of ~5% so far in 2022, outperforming the S&P 500 by a wide margin. ...

Demand for OSG's oceangoing vessels is strong, and expected to remain elevated for the foreseeable future. Q2 earnings should be good, with similar characteristics anticipated for Q3 and Q4. Despite improved outlook, OSG shares remain undervalued. If OSG reverts even somewhat ...