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URL:  http://boards.fool.com/a-good-point-quotinvestingquot-in-the-bosss-30512576.aspx

Subject:  Re: SFL bond offering Date:  1/29/2013  9:46 AM
Author:  Hohum777 Number:  2815 of 3117

A good point! "Investing" in the boss's mood swings is really speculation isn't it?

jz


Oh, he's in a good mood. But, he indicated the tanker consolidation entity would be
FRNT, added Gas carriers to the mix in July-Aug 2012, and it looks like Capes in Dec 2012.
So it begs the question- what type of vessels for SFL? Also, JF indicated the VLCC market is
struggling, and SFL have a handful of VLCCs reaching their 15th year anniversary over the
next 18 months. That means 3rd special survey, usually an expensive event. But, then
again, SFL would likely not have upsized unless there was some plan being hatched.
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