Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
So then, what's your long-term take on FRO? Do prices in the low $3's speak of opportunity, or a death knell?

TIA for your opinion :)


Best as I can tell, FRO's primary role is that of a fleet manager- for the ITCL vessels, for
the SFL vessels, for the FRNT vessels, etc. Notice a pattern? The other entities have a JF
connection. FRNT is not quite ready for prime time. I mean, none of the newbuild vessels deliver
this year. My guess is, FRO hobbles along this year. If necessary, JF figures a way to inject
more cash into FRO just to get by in 2013. Still working on the mid-term theory of how the
pieces fold into FRNT.
Print the post  

Announcements

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.
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 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.
Advertisement