Rickmers - why the ship has not arrived?

I wonder why Rickmers results announcement this quarter Q4, 2009 is so late.

To begin with, Rickmers is not running some complicated business. Just collect the lease fee every month right? At least that's what the CEO told us. If so, why need such a long time to know how much they earn?

And indeed it is long, even by its own record. If you compared the announcement record since 2008, this is the longest it takes, 45 days into a new quarter. Q2 last year, it takes only 36 days.

I can't help but suspect that something big is coming. I have no idea what it is. But if Rickmers delays the results announcement for it, it must have something to do with the DPU. Otherwise, Rickmers could always announce it separately.

For now, we are just waiting for the ship to arrive ... but what's on the ship is a question mark.


QuarterxxxxxxAnnounced on......Days into new quarter
Q2,2009xxxxxAug 14.................45
Q1,2009xxxxxApr 24..................24
Q4,2008xxxxxFeb 09.................40
Q3,2008xxxxxOct 31..................31
Q2,2008xxxxxAug 05.................36
Q1,2008xxxxxMay 05.................35