CTRM: Castor Maritime
Description
Castor maritime is a shipping company that specializes in the transport of dry bulk and tanker vessels. The company has currently 29 vessels. 8 tanker and 21 dry bulk ships.
What is interesting about this company:
- Only 1 employee
- Very Undervalued
- Could benefit extremely from a commodity boom
- A family business where the father did the same thing
Downside:
- Very risky bet
- Company located in Greece, not the best
For me details on the industry:
CTRM is managed by Petros Panagiotidis the son of Gabriel Panayotides. Gabriel Panayotides managed Excel Maritime between 2003 and 2013. Here is a chart of Excel Maritime:
here is a link of https://en.wikipedia.org/wiki/Excel_Maritime it explains a little more about what was going on.
Disclaimer:
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by Hunt Of The Unicorn.
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