Boris Nachamkin - Diana Shipping Independent Director

Director

Mr. Boris Nachamkin is Independent Director of Diana Shipping, Inc. He has served as a Director and as a member of Compensation Committee since March 2005. Mr. Nachamkin was with Bankers Trust Company, New York, for 37 years, from 1956 to 1993 and was posted to London in 1968. Upon retirement in 1993, he acted as Managing Director and Global Head of Shipping at Bankers Trust since 2005.
Age 79
Tenure 19 years
Phone30 210 94 70 100
Webhttp://www.dianashippinginc.com
Nachamkin was also the UK Representative of Deutsche Bank Shipping from 1996 to 1998 and Senior Executive and Head of Shipping for Credit Agricole Indosuez, based in Paris, between 1998 and 2000. Previously, he was a Director of Mercur Tankers, a company which was listed on the Oslo Stock Exchange, and Ugland International, a shipping company. He also serves as Managing Director of Seatrust Shipping Services Ltd., a private consulting firm and as a U.K. Director of Marine Money, a U.S. based ship finance publication.

Diana Shipping Management Efficiency

The company has return on total asset (ROA) of (1.36) % which means that it has lost $1.36 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (59.09) %, meaning that it created substantial loss on money invested by shareholders. Diana Shipping's management efficiency ratios could be used to measure how well Diana Shipping manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 587.21 M in liabilities with Debt to Equity (D/E) ratio of 94.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Diana Shipping 85 has a current ratio of 1.7, which is within standard range for the sector. Debt can assist Diana Shipping until it has trouble settling it off, either with new capital or with free cash flow. So, Diana Shipping's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Diana Shipping 85 sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Diana to invest in growth at high rates of return. When we think about Diana Shipping's use of debt, we should always consider it together with cash and equity.

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Diana Shipping Inc. provides shipping transportation services. Diana Shipping Inc. was founded in 1999 and is based in Athens, Greece. Diana Shipping is traded on New York Stock Exchange in USA. Diana Shipping 85 (DSXN) is traded on New York Stock Exchange in USA and employs 12 people.

Management Performance

Diana Shipping 85 Leadership Team

Elected by the shareholders, the Diana Shipping's board of directors comprises two types of representatives: Diana Shipping inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Diana. The board's role is to monitor Diana Shipping's management team and ensure that shareholders' interests are well served. Diana Shipping's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Diana Shipping's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andreas Michalopoulos, CFO, Treasurer
Anastasios Margaronis, President Director
Semiramis Paliou, Director
Apostolos Kontoyannis, Independent Director
Boris Nachamkin, Independent Director
Kyriacos Riris, Independent Director
Christos Glavanis, Independent Director
William Lawes, Independent Director
Maria Dede, Chief Accounting Officer
Ioannis Zafirakis, Executive Vice President Secretary, Director
Konstantinos Psaltis, Independent Director
Edward Nebb, IR Contact
Simeon Palios, Chairman of the Board, CEO

Diana Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Diana Shipping a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diana Shipping in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diana Shipping's short interest history, or implied volatility extrapolated from Diana Shipping options trading.

Pair Trading with Diana Shipping

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Diana Shipping position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Diana Shipping will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Costco Wholesale could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Costco Wholesale when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Costco Wholesale - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Costco Wholesale Corp to buy it.
The correlation of Costco Wholesale is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Costco Wholesale moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Costco Wholesale Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Costco Wholesale can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Other Consideration for investing in Diana Stock

If you are still planning to invest in Diana Shipping 85 check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Diana Shipping's history and understand the potential risks before investing.
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