absurd niedrig bewertet

[kartman]

Antwort auf Beitrag Nr.: 75.616.421 von threeways am 14.04.24 14:34:07

10 Werktage >1 USD

[threeways]

Antwort auf Beitrag Nr.: 75.616.370 von kartman am 14.04.24 14:01:29

Haben die haben doch aktuell Nasdaq Compliance erlangt. Und bis 1 USD ist ja schon noch etwas Platz. Und 1 USD ist das zu haltende Minimum

[kartman]

Antwort auf Beitrag Nr.: 75.616.151 von threeways am 14.04.24 12:40:47

Ja, Kapitalerhöhungen werden mittelfristig folgen. Aber ciss benötigt erst Nasdaq-Compliance, also haben wir mindestens ein paar Tage Zeit bis zu nächsten Hiobsbotschaft.

[threeways]

Antwort auf Beitrag Nr.: 75.612.872 von kartman am 13.04.24 01:17:41

Nachbörslich liefen nochmals um die 1,5 Mio. Aktien. Das bei vermeintlich knapp 2 Mio. Aktien outstanding. Dann die Nachricht, dass ein weiteres Schiff von einer Konzerntochter gekauft würde. Die nächste KE ist damit beschlossene Sache. Das Ding stinkt zum Himmel. Im Prospekt der C3IS heisst es übrigens, dass dadurch, dass die Marshall Inseln nur eine rudimentäre Gesetzgebung hätten, man nicht vermutlich wirksam gegen die Chefs von C3IS vorgehen könne. Das Ding stinkt zum Himmel. Ich schau mir die Eröffnung am Montag an und werde mich vermutlich gleich wieder hiervon verabschieden. Hätte mir vorher mal 2 Stunden Zeit nehmen sollen mir den einen oder anderen Bericht zu lesen.
Was die Loan Rate angeht: Hier wird wieder auf volle US-Dollar gerechnet. Wenn also die Aktie bei 1,75USD schloss, dann kommt tatsächlich eine Loan Rate von eher 950% p.a. heraus. Wer also das Ding jetzt shortet und unterstellt eine unverändert hohe Loan Rate, der zahlt nach 6 Wochen an Zinsen so viel wie den Betrag, den er durchs Shorten erzielte. Das ist schon ziemlich heftig. Das bedeutet aber auch, dass vermutlich sehr zeitnah die nächste KE bekannt gemacht werden muss, damit die Gangsterei überhaupt Sinn machen kann (jedenfalls von der Aktien Seite aus gesehen). Das hier die Schiffe hin- und hergeschoben werden, damit sollen wohl eher die finanzierenden Banken betrogen werden.

[kartman]

Bin ebenfalls heute eingestiegen, Swing-Trade bis Anfang nächster Woche. Ist Abzocke das Geschäftsmodell der Griechen, trotzdem sitzt ein Verdoppler locker drin bei dem Float.

[threeways]

Bin heute mal mit einer kleinen Position eingestiegen. Gleichwohl: Das sieht schon sehr nach Gangsterei aus das Ganze. Nicht nur das Geschäftsmodell: Geld kommt vin der Mutter, damit die Tochter (aus Spin-Off) der Mutter alte Schiffe abkauft, die wiederum vermeintlich hohe Gewinne erwirtschaften. Ich denke das Einzige, was hier Zuversicht geben kann, dass die Mutter Imperial Petroleum eine ganz manierliche Bilanz hat und -so scheint es- sinnvolle Massnahmen ergriffen hat, um den Shareholder Value zu steigern.
Die Loan Rate in C3IS steht aktuell übrigens bei knapp über 800% p.a. Das sieht man auch nicht gerade oft. Das bedeutet aber auch, dass es schwer ist die Aktie zum Shorten zu finden. Wer also das Ding bis zum Get-No shortet, wie deckt der wieder ein? Natürlich durch eine Kapitalerhöhung zu niedrigem Kurs. Aber macht das Sinn, nachdem gerade erst ein 100:1 Reverse Stock-Split erfolgt ist? Da kann ja gleich der nächste umgesetzt werden. Sollte eine KE kommen, obwohl die Gesellschaft vermeintlich einen hohen Cashbestand hat, dann ist ja wohl klar, wo die Reise hingeht.

[kartman]

Ok. Melde mich nach dem RS. ...wenn du keine Kohle mehr hast

[mistery01]

Ich finde die Zahlen sind wirklich der Wahnsinn.auch vor dem Hintergrund der aktuellen Kapitalerhöhung

C3is Inc. reports Revenue of $13.8 million, Net Income of $5.6 million and $0.25 earnings per diluted share for the fourth quarter of 2023, and financial and operating results for the quarter and twelve months ended December 31, 2023
Published by on March 26, 2024

OPERATIONAL AND FINANCIAL HIGHLIGHTS

Following the acquisition of the Aframax tanker, Afrapearl II (ex. Stealth Berana), in July 2023 the total fleet capacity increased to 179,800 dwt.
Our two handysize dry bulk carriers are currently on short term fixed rate time charters with steady cash flows, while our Aframax tanker operates in the spot market where voyage charter rates for Aframax tankers are in excess of $40,000 per day.
Both our handysize dry bulk carriers, and our Aframax tanker are unencumbered.
Fleet operational utilization of 91.6% for the twelve months ended December 31, 2023, as our vessels were mainly under time charter employment.
Voyage revenues of $28.7 million for the twelve months ended December 31, 2023, corresponding to a daily TCE[1]of $23,453.
1% increase in daily TCE to $34,060 per day for the three months ended December 31, 2023, as compared to the daily TCE of $27,903 per day for the three months ended September 30, 2023.
Our Company generated a net income of $9.3 million for the twelve months ended December 31, 2023, and a net income of $5.6 million for the three months ended December 31, 2023.
7% increase in Net Income to $5.6 million for the three months ended December 31, 2023, from $3.3 million for the three months ended September 30, 2023.
3% increase in EBITDA[2] to $7.7 million for the three months ended December 31, 2023, from $5.3 million for the three months ended September 30, 2023.
140% increase in Total Assets as of December 31, 2023 compared to December 31, 2022.
During the first quarter of 2024, we concluded two follow-on equity offerings, generating aggregate gross proceeds of $13.0 million which increased our current cash balance to approximately $35.6 million.
Based on the current fleet market value, our Company’s net asset value is estimated at $50.45 million[3], or $0.31 per share, which represents approximately 10.3x our current market capitalization.
Diluted EPS for the fourth quarter of 2023 was $0.25, which is 733% higher than the Company’s stock price as of March 22, 2024.
Our Board of Directors has decided to effect a reverse stock split, with the exact ratio and effective date to be determined and announced in the near term, which is expected to enable our Company to regain compliance with all Nasdaq continuous listing criteria.






Fourth Quarter 2023 Results:

Voyage revenues for the three months ended December 31, 2023 amounted to $13.8 million, an increase of $10.7 million compared to revenues of $3.1 million for the three months ended December 31, 2022, primarily due to the increase in the average number of our vessels. Total calendar days for our fleet were 276 days for the three months ended December 31, 2023. Of the total calendar days in the fourth quarter of 2023, 174, or 63.0%, were time charter days. Our fleet operational utilization was 87.0% for this period.
Voyage expenses and vessels’ operating expenses for the three months ended December 31, 2023 were $4.4 million and $1.5 million respectively, compared to $0.4 million and $0.8 million respectively, for the three months ended December 31, 2022. The increase in both voyage expenses and vessels’ operating expenses is attributed to the increase in the average number of our vessels. Voyage expenses for the three months ended December 31, 2023 included commissions to third parties of $0.5 million, corresponding to 11% of total voyage expenses. Operating expenses for the three months ended December 31, 2023 mainly included crew expenses of $0.9 million, corresponding to 60% of total operating expenses, spares and consumables costs of $0.3 million, corresponding to 20%, and maintenance expenses of $0.1 million, representing works and repairs on the vessels, corresponding to 7% of total vessel operating expenses.
Depreciation for the three months ended December 31, 2023 was $1.4 million, a $0.9 million increase from $0.5 million for the same period of last year, due to the increase in the average number of our vessels.
Management fees for the three months ended December 31, 2023 were $0.12 million, a $0.05 million increase from $0.07 million for the same period of last year, due to the increase in the average number of our vessels.
General and Administrative costs for the three months ended December 31, 2023 were $0.3 million and mainly related to expenses incurred as a result of operating as a separate public company. General and Administrative costs for the three months ended December 31, 2022 were $0.1 million.


Interest and finance costs for the three months ended December 31, 2023 were $0.7 million and mainly related to the accrued interest expense – related party as of December 31, 2023 in connection with the $38.7 million which is part of the acquisition price of our Aframax tanker Afrapearl II that is payable by July 2024.
As a result of the above, for the three months ended December 31, 2023, the Company reported a net income of $5.6 million.
EBITDA for the three months ended December 31, 2023 amounted to $7.7 million.
An average of 3.0 vessels were owned by the Company during the three months ended December 31, 2023.




Twelve months 2023 Results:

Voyage revenues for the twelve months ended December 31, 2023 amounted to $28.7 million, an increase of $25.4 million compared to revenues of $3.3 million for the period from July 25, 2022 (inception of C3is Inc.) to December 31, 2022, primarily due to the increase in the average number of our vessels. Total calendar days for our fleet were 901 days for the twelve months ended December 31, 2023. Of the total calendar days in 2023, 680, or 75.5%, were time charter days. Our fleet operational utilization was 91.6% for this period.
Voyage expenses and vessels’ operating expenses for the twelve months ended December 31, 2023 were $7.6 million and $4.8 million respectively, compared to $0.5 million and $0.9 million for the period ended December 31, 2022. The increase in both voyage expenses and vessels’ operating expenses is attributed to the increase in the average number of our vessels and the addition of our Aframax tanker. Voyage expenses for the twelve months ended December 31, 2023 mainly included bunker costs of $3.4 million, corresponding to 45% of total voyage expenses, and commissions to third parties of $1.2 million, corresponding to 16% of total voyage expenses. Operating expenses for the twelve months ended December 31, 2023 mainly included crew expenses of $2.8 million, corresponding to 58% of total operating expenses, spares and consumables costs of $1.0 million, corresponding to 21%, and maintenance expenses of $0.4 million, representing works and repairs on the vessels, corresponding to 8% of total vessel operating expenses.


Depreciation for the twelve months ended December 31, 2023 was $4.1 million, a $3.5 million increase from $0.6 million for the same period of last year, due to the increase in the average number of our vessels.


Management fees for the three months ended December 31, 2023 were $0.4 million, a $0.3 million increase from $0.1 million for the same period of last year, due to the increase in the calendar days of our fleet during the current period.


General and Administrative costs for the twelve months ended December 31, 2023 were $1.2 million and mainly related to the portion of general and administrative expenses incurred by Imperial Petroleum, the former Parent of C3is Inc., prior to our separation from Imperial Petroleum that were allocated to C3is Inc., as well as to expenses incurred as a result of operating as a separate public company. General and Administrative costs for the period ended December 31, 2022 were $0.1 million.




Interest and finance costs for the twelve months ended December 31, 2023 were $1.4 million and mainly related to the accrued interest expense – related party, as of December 31, 2023 in connection with the $38.7 million which is part of the acquisition price of our Aframax tanker Afrapearl II that is payable by July 2024.


As a result of the above, for the twelve months ended December 31, 2023, the Company reported a net income of $9.3 million.
EBITDA for the twelve months ended December 31, 2023 amounted to $14.7 million.
An average of 2.5 vessels were owned by the Company during the twelve months ended December 31, 2023.


CEO Dr. Diamantis Andriotis commented:



Since our Company’s listing in late June 2023 and following the acquisition of our Aframax, the first step of our growth strategy, our expanded and diversified fleet has enabled our Company to enjoy solid financial performance. Indicatively, during the fourth quarter of 2023, we achieved a fleetwide time charter equivalent rate of $34,060 per day. As a result, during the fourth quarter of 2023, we generated revenues of $13.8 million and a net income of $5.6 million, representing increases of 36% and 67% respectively from the previous quarter.



The revenue generation of $23.9 million, achieved during the second half of 2023, since our Company’s spin-off from its parent company, represents approximately 83% of the full year’s revenue. We believe that this is indicative of our ability to efficiently operate our fleet and capitalize on the sustainable freight rate environment. Specifically, our two handysize bulk carriers which are mainly employed under short-term time charter contracts, are currently earning charter rates ranging from $13,000 to $14,000 per day. The earnings raised from our two handysize dry bulk carriers are enhanced through the operation of our Aframax tanker in the spot market. The vessel is currently capturing the prevailing robust Aframax spot rates which stand in excess of $40,000 per day, a level that is in line with the time charter equivalent rate achieved by our tanker during the last quarter. Our diversified fleet and deployment in the spot market enables our Company to take advantage of the promising charter rate environment and is expected to generate strong cash flow going forward.



We believe that our capital structure comprising of no bank debt and a strong cash balance, currently standing at $35.6 million, will further enhance our Company’s ability to fund selective vessel acquisitions following payment of the remaining purchase price for our Aframax tanker.

[kartman]

Wenn Einstieg, dann wohl erst nach dem angekündigten Reverse-Split. Ich glaube nicht, dass es bei 3 Schiffen in der Flotte bleiben wird. Weitere Offerings werden aus meiner Sicht folgen. Schade, aber zu Recht null Vertrauen. Dann eher im IMPP investieren. Die haben die ganze Verwässerung hoffentlich hinter sich.

[mistery01]

Die C3is ist ein spin Off der Imperial Petroleum und somit hat auch Harry Vayias hier deine Hände im Spiel. Ich habe mir mal die gestrigen Ergebnisse für das GJ23 angeschaut. Die Gesellschaft weist hier einen Gewinn von 0,63 usd pro Aktie aus. Das ist gemessen an einem Kurs von 0,04 USD eine absurde Bewertung. Ähnliches kennen wir ja schon von IMPP.
Aber schaut euch selbst einmal die Ergebnisse und die Präsentation an

https://c3is.pro/wp-content/uploads/2024/03/C3isQ42023.pdf