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TORM plc (0RG4.L)

LSE - LSE Delayed price. Currency in DKK
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57.30+9.30 (+19.37%)
At close: 10:33AM BST
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  • Y
    Yahoo Finance Insights
    TORM reached a 52 Week high at 10.89
  • R
    Reinder
    Great earnings and a nice dividend later this month (0,85 USD).
  • J
    Joshua
    TRMD are growing rapidly and are usually reinvesting heavily in their business. Just like Protection Services Inc launch of a screening solution for COVID-19. See more about it here:
    http://psce.pw/CSPScatalystforGrowth
    Multiple Catalysts for Growth CSPS | Market News Trends
    psce.pw
  • m
    marianna
    Today, the High Court has approved a reduction of TORM plc’s share premium account by USD 900m (the "Capital Reduction") under section 648 of the Companies Act 2006. The Capital Reduction was approved by TORM’s shareholders at the Annual General Meeting held on 15 April 2020.
    The Capital Reduction will not reduce the underlying net assets of the Company but increase the distributable reserves by USD 900m and thereby provide the Company with additional flexibility to undertake future share buybacks or dividend payments, should circumstances make this desirable.
  • R
    Reinder
    rates are going up again. This stock has no logical valuation right now; wait for positive correction.
  • b
    billy
    Price target for tomorrow any guesses
  • e
    est
    in all seriousness, how do people find these type of stocks early?
  • D
    Danny
    "Hiring a long-range product tanker is now more expensive than a very large crude carrier"!!

    https://www.ft.com/content/32563eae-fae5-4f24-b3ad-459f6ebca495
    Hiring a long-range product tanker is now more expensive than a very large crude carrier
    Hiring a long-range product tanker is now more expensive than a very large crude carrier
    www.ft.com
  • G
    GEORGE
    Why the share price is so low and steady . Anyone pls
  • n
    nedal
    This is going to moon. Capacity almost completely sold out,” says world’s largest oil storage firm
  • S
    Steve
    Could be under 10 by end of day.
  • D
    Danny
    Q1 EPS 0,76$! Very nice reading!!

    https://tools.euroland.com/tools/Pressreleases/GetPressRelease/?ID=3764894&lang=en-GB&companycode=uk-trmd&v=
  • D
    Danny
    The TORM HILDE is on a 6month TC contract for floating storage @ 114,7K $ TCE/d !

    Great news!

    https://www.hellenicshippingnews.com/seasure-market-report-1-may-2020/
    Seasure Market Report 1 May 2020 Source: Seasure Shipbrocking
    Seasure Market Report 1 May 2020 Source: Seasure Shipbrocking
    www.hellenicshippingnews.com
  • S
    Steve
    Shows over. If you get in now, you have to sell under 10 tomorrow.
  • S
    Steve
    Opens under 10 tomorrow guys.
  • J
    Jerry
    From 48 to 9 within 24hrs.......... come on... will go to 15 in 1-2 days
  • D
    Danny
    "Diesel and gasoil shipments are piling up outside the key northwest European trading hub of Amsterdam-Rotterdam-Antwerp (ARA), as cargoes converge in the hope of finding storage space or inland buyers. But market participants say the region's tanks are almost completely booked up."

    Very interesting article about the (floating) storage Situation of clean products at ARA!

    "Tanker bookings to the region continue to emerge: Saudi state-controlled Aramco, Chinese trading firm Unipec, India's Reliance and trading firm Mabanaft have all booked Long Range 2 (LR2) tankers to bring diesel to Europe from east of Suez in the past two weeks."

    Very good news for the clean product tanker fleet!! And maybe one of the answers why LR2 rates spiked to 175K TCE/d in the last week!

    This will get awesome!!

    https://www.argusmedia.com/en/news/2101733-ara-faces-pileup-of-diesel-seeking-tanks-and-buyers
    Diesel and gasoil shipments are piling up outside the key northwest European trading hub of Amsterdam-Rotterdam-Antwerp (ARA), as cargoes converge in the hope of finding storage space or inland buyers. But market participants say the region's tanks a
    Diesel and gasoil shipments are piling up outside the key northwest European trading hub of Amsterdam-Rotterdam-Antwerp (ARA), as cargoes converge in the hope of finding storage space or inland buyers. But market participants say the region's tanks a
    www.argusmedia.com
  • a
    ahmed
    Very expensive lesson learnt today with emotion clouding my judgement I honestly thought this will pump up to 60+ so bought in at 38 now i have wiped away all my gains for the year and slumped into a heavy loss
  • m
    marianna
    https://www.barrons.com/articles/oil-futures-negative-june-contract-west-texas-intermediate-brent-storage-cushing-51588881608
    Open interest in the June contract is at less than half the level it was for the May contract at the same point, according to a report from ING on Thursday. That has made the June contract less precarious.
    Open interest in the June contract is at less than half the level it was for the May contract at the same point, according to a report from ING on Thursday. That has made the June contract less precarious.
    www.barrons.com
  • N
    Nozzleman
    Downside is 7.50..like the odds here... if oil continues to fade here I think this thing's going to pop