Golden Ocean Has Found A Way To Navigate The Cyclical Bulk Carrier Business [Seeking Alpha]
Golden Ocean Group Limited (GOGL)
Last golden ocean group limited earnings: 5/22 02:10 am
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US:NASDAQ Investor Relations:
goldenocean.no
Company Research
Source: Seeking Alpha
18min Summary GOGL has improved returns since 2014 by focusing on efficiency, cost-effectiveness, and flexibility in fleet management and market positioning. Despite a volatile bottom line due to fluctuating charter rates and asset write-downs, GOGL has delivered record profitability in recent years. Its financial position is average. A Monte Carlo simulation shows that there is a 2.6 to 1 odds that the intrinsic value is greater than the market price. This is a good "margin of safety." 1001slide Investment Thesis Since pivoting to the bulk carrier business in 2014, Golden Ocean Group Limited ( NASDAQ: GOGL ) has delivered improving returns. This was due to its strategy of emphasizing efficiency, cost-effectiveness, and flexibility based on several key elements – fleet class, fleet age, market positioning, and flexibility. This strategy would enable the company to be profitable over the cycle. A point estimate provided only a 16% margin of safety. But a Monte Carlo si
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GOGL
News
- Golden Ocean Group Limited (GOGL): Among the Oversold Global Stocks to Buy Right Now [Yahoo! Finance]Yahoo! Finance
- GOGL - Transactions made under the buy-back programGlobeNewswire
- The total return for Golden Ocean Group (NASDAQ:GOGL) investors has risen faster than earnings growth over the last five years [Yahoo! Finance]Yahoo! Finance
- Golden Ocean Group Limited (NASDAQ: GOGL) had its price target lowered by analysts at Jefferies Financial Group Inc. from $12.50 to $12.00. They now have a "hold" rating on the stock.MarketBeat
- GOGL – Q3 2024 PresentationGlobeNewswire
GOGL
Earnings
- 11/27/24 - Miss
GOGL
Sec Filings
- 12/18/24 - Form 6-K
- 11/27/24 - Form 6-K
- GOGL's page on the SEC website