No. of Recommendations: 1
With the moves of the last two days- exits in GUT, OCZ & NRGY, I now have even more cash to work
on deploying. The Trading ac took the bigger hit in Oct. Actually, most of the hit. The others accounts
combined probably dropped less than the Trading ac, and those accounts are more than 83% of the

JF again. Golar announced a new initiative wrt an older LNG tanker- a Floating Liquified Natural
Gas Vessel (FLNGV). The first one is a test case. It might be implemented on all three
older LNG vessels.

I'm guessing that means these are no longer candidates for FSRU conversion. It is probably
because ordering an FSRU newbuild is more cost effective than spending the extra money on a

Whoa! another move the next day. Drop-down of Golar Grand to GMLP for $265M. I wonder
if that was the reason for the recent GMLP bond offering? The proceeds for that went to repay the
GLNG loan. But will GMLP tap that parent loan facility again to pay for its latest acquisition?
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.