- Navios Partners shares are likely to move higher after the conclusion of the persistent selling from the recent at-the-money offering programs.
- Dry bulk and boxship charter rates continue to make fresh decade highs with visibility for strong earnings through 2023-end solidifying.
- An enormous $1 billion valuation gap is now attracting activists and could encourage Navios management to increase capital return to shareholders.
- Navios Partners remains absurdly cheap at just 1.6x 2022 earnings and a third of current net asset value despite the higher share count.
For further details see:
Navios Maritime Partners: Too Cheap To Ignore