Monday, September 28, 2009

Communicating in Teams and Mastering Listening and Nonverbal Communication Skills

Communicating in teams to work toward a common goal can help improve performance.Dry ships Inc understands that,they have a very diversified management board and committee with 1 Chairman,1 COO, and over 6 board directors.This team all comes together for 1 common purpose, for the profit and the well being of the company and its shareholders.Working in a team can lead to a lot of conflict because of different points of views, but it does have a benefit of helping gather individual resources to help the process of decision making.Just as this blog, i don't only write to express my own opinions but i opened to listen to others comments, that's what a blog is really for,to gather points of views of different people from all around the world to be debated.

Finding, Evaluating, and Processing Information


Not long ago,maybe just 5-6 decades back before computers were invented, to gain hold of information,one might have to ask another, or simply go to a library and look up what they need to know.Nowadays with technology already taken over most of the world, seeking any source of information can be as easy as a click of a button.Just like Dry ships Inc. i only heard from a friend before i invested in this company.Before hearing about it from a friend i never heard of it and knew nothing about it. So of course before you make any investment you got to research it to see if its going to be a profitable investment.So all i did was go on my computer went on financial sites such as yahoo.finance.com,cnnmoney.com,cnbc.com, and many more just to look up the company's general and background information.Also you can use many famous search engines such as yahoo.com or google.com to look up anything.I typed in the company "DRYS" in google and there was over thousands of links about the company from where it began to where its company plans to go for the future.Most the information found online are secondary research because before you, the chances are someone already came up with the the same or similar question seeking a answer.The problem with secondary research is that how much of it is really true?some may be actual facts,some maybe just bias opinions of the writer about a certain subject.Believe it or not is up to you that's going over their information.

Monday, September 21, 2009

Writing Business Messages

Dry Ships Inc.
"All About Us"
We are a International shipping company that specializes in the transportation of dry bulk cargoes all around the globe.Our company's executive offices are located in Amaroussion, Greece. We own a fleet of over 41 dry bulk carriers that carries a total capacity over 4 million tons.We ship resources such as coal,steel,iron,ore,etc. all over the world.We were founded in 2004 and the February of 2005 we were listed in the New York NASDAQ Exchange. The goals of our company is to maximize shareholder value by maximizing our returns from investments and ensuring the highest safety and up to date environmental standards on all of our vessels.

Communicating in a World of Diversity


Dry ships is an international provider for dry bulk carriers that has a very diverse list of clients all over world.They have business in some of the worlds most powerful nations such as Europe,the United States,Canada,China,etc.They have such a wide range of business that the company have over 25 corporate offices all over the globe.The company established such a wide spread of offices all around because it is easier to divide up their workforce, to better service the businesses in that area. For example in china, they hire Chinese locals that already speak the language and understand the culture to make communication easier between the company and the other local businesses.

Tuesday, September 15, 2009

Ethical Messages

In my last post I commented that this stock is a strong buy with a lot of positive feedback and background information on the company.All companies have flaws, the major flaw of this company is that 2 years ago while the nation's economic market was at its peak this company took out major loans to purchase more ships.No one knew there was gonna be sudden economic crash in the global markets.So with such bad timing it led to the big drops of the market value of this company from topping $130/share two years ago to just about $30/share last year to the current market price of about$7/share.All companies have debt but I'm encouraging the investment in this company now because its because its at its all time low where its such a risky purchase it only mean the profitability would be higher than other shipping stocks. I consider the decisions made by the companies CEO to borrow money just bad timing, now that we see that the economy is starting to slowly recover,international trading will start to move again and shipping rates and orders will go up which in my opinion is still a strong buy no matter what is on that spreadsheet.I'm not just going to look at whats on the papers now but whats more of the future.

Audience Benefits +Investment Opportunity


Yes, Lately the market for "DRYS" has been rising to hit a new price of $7.00 and up due to the rallying of continued commodity and the growing optimism in economic recovery.But its still too early to judge if the global economic and international trade is starting to bounce "back on its feet"yet.Reading this blog will benefit the reader on being more knowlegable about this company and might consider futere invesment in it.To be simple for everyonw to understand, just know that this is a international shipping company that holds more than 30% of the baltic index shipping rates.Now China is a rising nation,they have a lot of many things people and resources.They will export huge amounts all around as soon as the global market recovers out of the recession.So for a long term invesment if you believe in the economy of the two largest nations in the world, this would be consider a strong buy.

Tuesday, September 8, 2009

What is DryShips ?


Dry Ships Inc. is a global shipping transportation company that specializes in the transportation of dry bulk cargoes, such as steel products, grains, ore, iron, etc.

The History of DryShips Inc.




As of August 10, 2009 the company's fleet consists of 41 dry bulk carriers and 403 full time employees.The company was founded in 2004 and is currently located in Athens, Greece. Since February, 2005 the company's been listed on the New York NASDAQ Exchange and is been traded under the symbol/quote "DRYS". The closing market price is $5.94 per share as of September 8, 2009 with a 0.07 cent gain per share.