TEUFF The Most Undervalued stock of 2016! BO
Post# of 5942
The Most Undervalued stock of 2016!
Quote:
BOX SHIPS, INC.
(Former NYSE, Now OTCQX)
www.box-ships.com/overview.php
WORLD BANKS ABN AMRO BANK N.V. and CREDIT SUISSE AG Backing TEUFF
31,290,000 Outstanding Shares with 7,877,125 Restricted to INSIDERS
FLOAT 23,412,875
Assets $356,250,905.00 vs. Liabilities $128,060,764.00
$228,190,141.00 SHAREHOLDERS EQUITY
Traded Over $9.50 on NYSE, was $1.00+ in December 2015
>> $7.11 Book Value <<
Moderate Leaverage Pic Below was based on Year End 2014. The New Values Would Much Be Larger
Cash $13,863,122 (Inc. Restricted Cash) or $0.45
Assets at $356,250,905 or $11.39 PPS
Total Debt at $128,057,376 or ($4.13)
Trading Far Below NAV
$205,293,229 + $15,000,000(Charter Value) is
$7.11 or $220,410,000 MV
Current Market Value Only $319,300