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URL:  http://boards.fool.com/19-i-never-would-have-guessed-awesome-that-you-29453969.aspx

Subject:  Re: Understandiing Book Value Per Share Date:  8/3/2011  10:23 AM
Author:  TMFSandman Number:  2163 of 2229

19? I never would have guessed. Awesome that you are starting this early on learning how to invest. Based on your writing I would have guessed someone much older. I'm exactly twice your age. :)

I don't know that much about the shipping industry. One guy who does though and follows several companies in that space is Hohum777. He posts a lot of his thoughts on shipping companies in the Value Hounds Board under the Investment Analysis Clubs tab. I'd post your specific questions about Diana there. Here's an example post from Hohum777:

http://boards.fool.com/quite-ugly-out-there-29452413.aspx

Likewise, I have no opinion on NBG. I've never studied it. I wish them luck! :)

The cash flow statement is very handy since it shows the actual amount of cash flowing into and out of the company for the time period. It strips out all the accr