- With the ending of lockdowns in China and resuming economic activities, the demand for container vessels will increase, making charter rates climb.
- Due to a strong 1Q 2022 financial results, the ending of COVID-19 lockdowns in China, and the company’s new developments, I am bullish on DAC.
- Analyzing the company’s liquidity and performance conditions shows that Danaos can pay off its current liabilities with the cash flow generated from its business operations.
- Using the CCA method, I estimate that the stock's fair value is about $144 per share.
For further details see:
Danaos: Attractive For Short Term And Long Term Investors