Q: Peter and His Wonder Team
I realize shipping stocks are cyclical...Not sure if the wars or new supply chains are a positive or negative. What I mean is they could charge higher rates if there is risk involved. In any event I have held this stock for too many years and am even. However at this point it appears to be "dead-money"...if you know what I mean. Can you see any reason to be patient for a few more quarters? Thanks as always...your opinion is always a voice of reason!
I realize shipping stocks are cyclical...Not sure if the wars or new supply chains are a positive or negative. What I mean is they could charge higher rates if there is risk involved. In any event I have held this stock for too many years and am even. However at this point it appears to be "dead-money"...if you know what I mean. Can you see any reason to be patient for a few more quarters? Thanks as always...your opinion is always a voice of reason!
Q: Hi
Can I have your opinion on shippers such as DSX and FRO and those juicy dividends at least for the next year. Longer term I know these can be risky.
Is there a best of breed shipper you would be comfortable recommending?
Thanks.
Can I have your opinion on shippers such as DSX and FRO and those juicy dividends at least for the next year. Longer term I know these can be risky.
Is there a best of breed shipper you would be comfortable recommending?
Thanks.
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Halliburton Company (HAL)
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Schlumberger N.V. (SLB)
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Diana Shipping inc. (DSX)
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Berkwood Resources Ltd. (BKR)
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Teekay Tankers Ltd. (TNK)
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Nordic American Tankers Limited (NAT)
Q: Do you see any second derivative opportunities to the current bull market in commodities? More specifically, are there any tanker shippers you favour in this environment, like NAT and TNK, or dry bulk shippers, like DSX or SBLK? With the possibility of a reinvigourated US oil and gas industry, what are your views on service companies such as HAL, SLB, and BKR? Thanks.