EXM ==> The Honest Abe Winner

[billyjoe]

A bit more in memory of Haystacks. I remember him winding up to punch one of the Love Bros. who was on his knees begging. Haystacks wore a horseshoe as a necklace and they told us he weighed 714 pounds. He hit The Love Brother and knocked him right over the ropes and out of the ring. A great memory even more than 40 years later. I forgot all about Dick the Bruiser.

RIP Haystacks and all the oldtime greats!

http://www.collecting-celebrity-autographs.com/haystack-calhoun.html

-----------billy

[billyjoe]

Tag Team Match

Mr. Market,
I don't remember him, but I remember Bruno Sammartino. Maybe it was a regional thing. The biggest guys in our area were The Sheik, Flying Fred Curry and Bull Curry, Bobo Brazil, Haystacks Calhoun, and my favorite announcer, Lord Layton. Wiki says Flying Fred was famous for his drop kick, but they used to say he invented the "flying mare" around here. I almost got hit by a chair during a tag team match With Curry and Calhoun vs. The Love Brothers, a pair of cheating hippies around 1968.

http://wiki.phantis.com/index.php/Spiros_Arion

-------------billy

[mrmarket]

Just wanted to see the Spiros Arion picture again.

[jiesen]

holy cow!

80%!

http://biz.yahoo.com/ap/070712/excel_maritime_carriers_mover.html?.v=1

sometimes it just hurts to look back at what could have been...

[jiesen]

Talk about missing the boat...

http://finance.yahoo.com/q/bc?s=EXM&t=3m

Holy smokes! EXM continues to move full-steam ahead!

[jiesen]

yes he did! So did I!

Sold my EXM today for 22.2, got my 15%. How about you, You, YOU?!!?

Congrats on another winner, $$MM! You are HUGE!!!

[Karel]

ka-CHING!!!

$$$Mr.Market$$$ did it again

He's HUGE

Regards,

Karel

[jiesen]

Almost there! I give it one more week before EXM hits 23.

[mrmarket]

nice move today...EXM is on FIRE!

[mrmarket]

these cash flows are LOCKED IN unless one of these ships sink. These cash flows are WAY UNDERVALUED. EXM is a layup of ridiculous proportions....BUY BUY BUY!!!

[jiesen]

go EXM!

another winner seems imminent:

http://biz.yahoo.com/iw/070411/0237645.html

Excel Maritime Carriers Enters Into a Time Charter Agreement for M/V Isminaki at $32,000 per Day and Announces Off Hire Days for the M/V Angela Star
Wednesday April 11, 4:12 pm ET

ATHENS, GREECE--(MARKET WIRE)--Apr 11, 2007 -- Excel Maritime Carriers Ltd (NYSE:EXM - News), an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargoes, announced today that it has chartered M/V Isminaki for a period of twenty-four months at US $32,000 per day to a first class European charterer. The vessel will be delivered into the charter by the middle of April 2007.

M/V Isminaki is a Panamax dry bulk carrier of 74,577 dwt, built in 1998 in Japan, which the company acquired in February 2005.

The Company also announced that as a result of an incident that occurred on March 18, 2007 due to adverse weather conditions, M/V Angela Star will be off hire for approximately 20 days.

M/V Angela Star is a Panamax dry bulk carrier of 73,798 dwt, built in 1998 in Japan, which the Company acquired in June 2005. The vessel currently serves under a time charter for a period of 24-26 months at US $26,500 per day to a European charterer. The charter commenced in October 2006.

CEO Christopher Georgakis commented, "We are pleased to announce that we have secured M/V Isminaki under profitable long-term employment to a first class European charterer. Our strategy of taking advantage of the current strength in the freight rate environment by gradually employing the majority of our vessels on long term time charters enables our company to secure predictable cash flows. Following this time charter agreement, 70% of our fleet operating days for the second quarter of 2007 and 56% for the full year of 2007 are fixed under short and long term time charters."
... (continues with charter data)

[mrmarket]

Greece's Excel Maritime Carriers Ltd. on Tuesday said fourth-quarter profit plummeted 32 percent as weaker revenue from cargo shipping met with sharply higher costs.
Net income fell to $9.3 million, or 47 cents per share, from $13.8 million, or 69 cents per share, a year earlier.

ADVERTISEMENT


The recent period includes amortization and depreciation charges totaling 4 cents per share, while the year-ago quarter includes a gain of $2.5 million, or 12 cents per share, on the sale of a bulk carrier ship.

Analysts surveyed by Thomson Financial forecast earnings of 67 cents per share.

Revenue dipped to $35.2 million from $35.7 million a year ago on weaker voyage revenue.

Average daily charter rates for its vessels were higher in the recent period at $20,849 versus $19,992 in the prior-year quarter. However, the company operated slightly fewer ships, on average.

Operating expenses climbed 26 percent at the same time to $23.5 million.

Net income tumbled to $31.1 million, or $1.56 per share, in 2006 from $67.8 million, or $3.64 per share, in 2005. Annual revenue rose to $124.1 million from $118.6 million.

Shares of Excel Maritime slipped 33 cents to end at $17.99 on the New York Stock Exchange, then added 2 cents in aftermarket activity to $18.01.



----
I sure hope the after hours quote of down 11% doesn't reflect tomorrow's action.... I liked this one, guess we'll have to wait quite a bit longer now to see a 15% profit.

Just a little speed bump. The fact that chartering RATES are higher is very good news.

Greece's Excel Maritime Carriers Ltd. on Tuesday said fourth-quarter profit plummeted 32 percent as weaker revenue from cargo shipping met with sharply higher costs.
Net income fell to $9.3 million, or 47 cents per share, from $13.8 million, or 69 cents per share, a year earlier.

ADVERTISEMENT


The recent period includes amortization and depreciation charges totaling 4 cents per share, while the year-ago quarter includes a gain of $2.5 million, or 12 cents per share, on the sale of a bulk carrier ship.

Analysts surveyed by Thomson Financial forecast earnings of 67 cents per share.

Revenue dipped to $35.2 million from $35.7 million a year ago on weaker voyage revenue.

Average daily charter rates for its vessels were higher in the recent period at $20,849 versus $19,992 in the prior-year quarter. However, the company operated slightly fewer ships, on average.

Operating expenses climbed 26 percent at the same time to $23.5 million.

Net income tumbled to $31.1 million, or $1.56 per share, in 2006 from $67.8 million, or $3.64 per share, in 2005. Annual revenue rose to $124.1 million from $118.6 million.

Shares of Excel Maritime slipped 33 cents to end at $17.99 on the New York Stock Exchange, then added 2 cents in aftermarket activity to $18.01.



----
I sure hope the after hours quote of down 11% doesn't reflect tomorrow's action.... I liked this one, guess we'll have to wait quite a bit longer now to see a 15% profit.

[Hungaryson]

put me on your weekly e-mail list

riskman1 at gmail dot com

Thanks

Thanks for the pick...options on this one worked out.