PXS [NON RATED] - Fairly priced as demand for services resilient but gross margins squeezed - Visit Note
  • 22 Apr 2015
  • Company Research
FY15 guidance points to 18% earnings drop before recovering in 2016. 2015 revenue guidance is 97% of current backlog (see page 3). Company seeking approval to raise capital by 20% in 2015 and by another 25% in 2016 to increase port capacity. At its curren