Added to YB: 2026-01-27
Pitch date: 2026-01-23
RUBI [neutral]
Rubico Inc.
-72.74%
current return
Author Info
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Company Info
Rubico Inc. focuses on tanker vessels transporting business. The company is headquartered in Majuro, Marshall Islands.
Market Cap
$2.6M
Pitch Price
$6.57
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.60
P/E
N/A
EV/Sales
3.14
Sector
Oil, Gas and Consumable Fuels
Category
N/A
Want to Buy a Suezmax Tanker for Bunker Barge Money? Think Twice Before You Go - Rubico Inc.
RUBI (bearish): Trades at 2.8% PNAV (97% NAV discount) owning two 2021 Suezmax tankers worth ~$160M, generating $11M annual OCF. However, 99% stock decline since IPO due to systematic value destruction: 5.2x dilution from warrant overhang, dual-class structure giving founder 97% voting control, related-party $38M yacht acquisition, reverse splits. Classic shipping nanocap value transfer from public shareholders to insiders.
Read full article (5 min)