NM 11¼ 08/15/22

Navios Maritime Holdings Inc

Credit, Industrial/Transportation


Presented:05/16/2019
Price:N/A
Cap:N/A
Current Price:$2.27
Cap:N/A

Presented

Date05/16/2019
PriceN/A
Market CapN/A
Ent ValueN/A
P/E RatioN/A
Book ValueN/A
Div Yield0%
Shares O/SN/A
Ave Daily VolN/A
Short IntN/A

Current

Price$2.27
Market CapN/A

Publicly traded companies mentioned herein: BHP Group Limited (BHP), Navios Maritime Holdings (NM), Vale SA (VALE).

Highlights

Navios Maritime Holdings (NM) is a diversified shipping operator with a complex capital structure and $2.63B of debt. The presenter is long several securities in the “family” but favors the NM 11 ¼ senior secured notes (issued in Nov 2017, trading at ~67), which he views as “easily covered” and misvalued by the market.

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Idea Discussion

Commentor 1 - 2 weeks ago

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