Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: Hohum77 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3224  
Subject: Mid Jan 2009: Tanker Update Date: 1/17/2009 3:04 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 7
The quiet update- mid-month, when the year has just started, is not
all that newsworthy usually, and this year is no exception.


Stock	31-Dec	15-Jan 
DHT 5.54 6.46
FRO 29.61 31.49
GMR 10.80 10.09
NAT 33.75 31.28
OSG 42.11 40.07
SFL 11.05 12.56
TK 19.65 17.99
TNK 12.70 12.00
TNP 18.32 20.85
TOO 10.90 13.11
VLCCF 14.65 14.56



NAT - certainly the most active tanker company. First, the company announced a vessel acquisition and a lowered Q4 dividend. Then, NAT quickly announced a secondary offering of 3M shares.
Intriguing- acquire vessel for $56M, lower dividend, raise $100M+ in
a week.

OSG - some volatility the last three weeks $37 => $46 => $40

TK - maintained dividend @ 31.6c/sh, could be a plus in the
prevailing market conditions.


That's all I caught the last few weeks.

Enjoy!
Hohum
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement