DSX will report its Q2 figures before market open on Wednesday. The figures themselves are of limited interest this quarter as we expect the DPS to be kept unchanged at USD 0.01/sh (2% running yield) on the back of a USD 24.0m EBITDA (+3% q-o-q). The main event is the GNK acquisition which took place at a 38% discount to NAV – which adds another element to the SOTP and comes at a time when DSX is trading at a 66% discount. So far it has been working well from a financial point of view (USD 54m m ....
