Value Investor's Edge Live #7: Costamare's CFO Greg Zikos On The Containership Market

Greg Zikos, CFO of Costamare (CMRE) joined Value Investor's Edge to discuss the containership markets and specific company prospects and capital allocation priorities. This interview and discussion is relevant for anyone with containership investments or interests, including Capital Product Partners (CPLP), Danaos Corp (DAC), Global Ship Lease (GSL), Navios Maritime Containers (NMCI), and Seaspan Corp (SSW).  Topics covered 1:25 minute mark - Market review: Strong rates vs. Trade War Concern 5:45 - What is your scrubber plan for IMO 2020? Approach for capital spending? 9:45 - What are the biggest risks/concerns for this market? 12:15 - How does the supply-side look? Concerned about newbuilds?  14:15 - Have you seen any interest in LNG-fueled ship transactions? 16:10 - What is the most attractive area to invest in for containerships? 18:35 - What are your current leverage levels and long-term targets? 23:15 - What are your priorities for capital allocation? Dividends?  26:35 - Ready to raise the dividend yet, or need more growth?  28:55 - How are the longer-term charter markets shaping up?

Om Podcasten

The Razor’s Edge is an investing podcast that combines a prop trader’s viewpoint and deep-dive fundamental research to provide a unique take on the markets. The show is co-hosted by Akram’s Razor, a trader and investor with decades of experience and a track record of truly differentiated ideas and analysis, and by Daniel Shvartsman, an individual investor for the past decade who saw thousands of investing pitches and ideas and how they played out during his previous time at Seeking Alpha. The duo start with a theme or idea from Akram’s investing, then break it down to understand what goes into the idea, what could go wrong, and what else investors and traders need to know. They also interview industry leaders, executives, and other investors to get a wider perspective. The show has thousands of listeners around the world.