Danaos Stock Discussion

YTD: 50 Ships orders won. Already achieved 2024 Target of US$4.5Bil.
Danaos Corp forward-fixes six 8,000-teu container newbuildings with Hapag-Lloyd
German liner is behind three-year charters of methanol-ready neopanamaxes
13 June 2024 12:24 GMT UPDATED  13 June 2024 14:10 GMT
By Ian Lewis 
 in    London 
Danaos Corp has fixed a series of neopanamax container ships with Hapag-Lloyd in charter deals worth around $300m.
Danaos Corp fixes $450m of finan...

$Danaos (DAC.US)$
DAC is trading at half its tangible book value despite being net debt free and having almost USD50/share in earnings contracted for 2024-2025.
Danaos: Just Far Too Cheap, It's A Buy - Seeking Alpha
$ZIM Integrated Shipping (ZIM.US)$

$Nuveen Municipal High Income Opp Fund (NMZ.US)$ $Inspire Corporate Bond ETF (IBD.US)$ $Danaos (DAC.US)$Do not be angry to fight, do not see through to breakthrough, friends rush!
$WiMi Hologram Cloud (WIMI.US)$

Yesterday test in  $S&P 500 Index (.SPX.US)$ was constructive for the bulls. Marine shipping also showing strength, which is related to commodity theme. $ZIM Integrated Shipping (ZIM.US)$ and  $Danaos (DAC.US)$ are leaders. A few small cap are looking great.
Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X):

$ZIM Integrated Shipping (ZIM.US)$ $Global Ship Lease (GSL.US)$ $Danaos (DAC.US)$ Personally, I absolutely loaded the crap out of my portfolio on ZIM, DAC, and GSL with the massive sell off, and even sold positions like Disney to do so. I may get bitten in the ass but the fundamentals to me are as solid as they can possibly be. But I won't lie, the volatility is a little bit nauseating especially on days like today.
Hope this helps. Feel free to comment if you have more questions.

$ZIM Integrated Shipping (ZIM.US)$ $Danaos (DAC.US)$ $Global Ship Lease (GSL.US)$ I can't comment much on land transportation stocks, but the fundamentals for containership companies (especially ZIM, DAC, and GSL) ate absolutely rock solid and support incredible profit and cashflow well into 2022 as high rates are expected to persist well into 2022. They are valued ridiculously cheap, with their P/E ratios between 1.3 to 3!! I am not as well familiar with the dry bulk sector but they are also similarly priced extremely cheap. The market mispricing, at least to me, represents an excellent buying opportunity especially ahead of earnings in November. As an aside, some of these companies are expected to give special dividends in excess of 30% in 2022.

$Danaos (DAC.US)$ $Matson (MATX.US)$ $Star Bulk Carriers (SBLK.US)$
First, you have to specify which segment of the shipping market you are talking about - container, drybulk, tanker, LNG. DAC and MATX are container shipping companies whereas SBLK is drybulk. Their market dynamics and macro environment are very different.
The major factors affecting container shipping are the supply chain crisis, increased demand for containerized goods, and port backlogs. It's basic supply and demand. For dry bulk, it's a bit more volatile and depends a lot on iron ore exports and coal in the current environment (particularly iron ore from Brazil to China and coal imports to China and India), as well as grains. Containership rates are reflected in the FBX index and dry bulk rates in the Baltic Dry Index. Containership charters are typically several years long whereas dry bulk is more exposed to current spot rates.

$Danaos (DAC.US)$ $Matson (MATX.US)$ After massive run up with names like DAC, MATX, SBLK etc... the shipping sector got absolutely hammered today on a monster day for the stock market.
In theory, the period from mid October-early 2022 should continue to be a good time for the sector, but the market's moves seems to be disagreeing.
But with upgrades to stocks like UPS, shouldn't this help them?:
"The strong demand from the upcoming peak shipping season and smart management has UPS set up for a rebound, according to investment firm Stifel.