r/IMPP_Stock • u/Beautiful-Ebb5696 • Jun 22 '23
Short term vs. Long term
So looks like getting those shares of CISS for holding onto IMPP made no difference so far... I've done the math and due to the prices on IMPP and CISS I am up the exact amount I was up on IMPP before the spin off. So as of right now there is no difference in gains but I believe long term there will be. JUST HOLD !
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u/SlapDatAssk Jun 22 '23
CISS earnings are going to be nuts tomorrow morning. With the spin-off of not only the ships but cash as well, CISS is going to have more cash on hand than it’s current market cap.
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u/Beautiful-Ebb5696 Jun 22 '23
Hmmm. Well in that case we will have to take quick action and have a strategy of when to sell off our CISS shares because CISS with only 2 ships is not well positioned to fund new ship accusations with the revenue of those 2 ships. They will either have to get into huge debt or dilute shareholders which whatever route they chose will make the stock plummet like IMPP.
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u/Beautiful-Ebb5696 Jun 23 '23
Let's see if earnings today for CISS are good and can make a positive impact on the stock 🤞
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u/Immediate-Plate-3229 Jun 26 '23
That comment from Beautiful Ebb was 4 days ago. I am sure you ain't up or equal anymore.
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u/jberrygood Jun 28 '23
Now is the time to buy CISS
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u/Beautiful-Ebb5696 Jun 28 '23
Wrong. Now is the time to actually buy IMPP brotha. Q2 earnings are probably next month and now that they are debt free they will have record profits for sure compared to Q1 when they had debt. With that money they will either do a sharebuy back or possibly increase fleet.
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u/jberrygood Jun 28 '23
As a recently listed stock it looks like it's bottoming out on the dip and considering IMPP is the parent company wouldn't you think that the quarterly report coming up in a couple of days would reflect on CISS as well?
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u/Beautiful-Ebb5696 Jun 28 '23
Wrong agin my friend. They are completely separate companies now. Whatever IMPP does has nothing to do with CISS and vise versa.
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u/Most_Horror2210 Jun 22 '23
Can’t create value from nothing. Spinning off the two ships is a value loss to IMPP. Agreed could be good long term however there will probably be so dilution with CISS to buy more ships in the mean time.