Great earnings and a nice dividend later this month (0,85 USD).
J
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
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
rates are going up again. This stock has no logical valuation right now; wait for positive correction.
b
Price target for tomorrow any guesses
e
in all seriousness, how do people find these type of stocks early?
D
"Hiring a long-range product tanker is now more expensive than a very large crude carrier"!!
Seasure Market Report 1 May 2020 Source: Seasure Shipbrocking
Seasure Market Report 1 May 2020 Source: Seasure Shipbrocking
www.hellenicshippingnews.com
S
Shows over. If you get in now, you have to sell under 10 tomorrow.
S
Opens under 10 tomorrow guys.
J
From 48 to 9 within 24hrs.......... come on... will go to 15 in 1-2 days
D
"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!
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
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
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
Downside is 7.50..like the odds here... if oil continues to fade here I think this thing's going to pop
http://psce.pw/CSPScatalystforGrowth
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.
https://www.ft.com/content/32563eae-fae5-4f24-b3ad-459f6ebca495
https://tools.euroland.com/tools/Pressreleases/GetPressRelease/?ID=3764894&lang=en-GB&companycode=uk-trmd&v=
Great news!
https://www.hellenicshippingnews.com/seasure-market-report-1-may-2020/
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