Haven't you heard keembodakine? The communist paradise of North Korea has already declared they have developed a vaccine that will cure AIDS, all forms of cancer, and even will cure your 'head stuck in behind' syndrome! Those socialist pikers in Cuba have nothing on the real medical innovators.
I want everyone to know I have no personal knowledge of Roger's drinking problem.
I was just going by a post of rogers.He said that he ,like GWB ,was saved by a wife who stood by him during his past problems.
I may have ,in error,believed he was talking about a drinking problem because GWB was an admitted drunk.
dakins,who labels anyone a Christian???
If you call yourself a Christian, go to a Christian church, represent a Christian Government. proform task in the name of the Pope.in the absents of JC himself calling you a Christian, something he never was, you have to believe these people were doing things as Christians.
BTW: who labeled you as a Christian? I fine some of your post are unchristian like.
80 plus ships, Cleaned up balance sheet. And John Fredriksen is taliking dividend and aquesitions!
Most tanker stocks have enjoyed good runs lately on good rates---now it's Frontline's turn.
Buy and trade/hold all you can afford at these low prices. This is no longer the Frontline "lottery'' that old time posters on this board keep harking back too. However right they were in the past it's wishful thinking now. Thursday's dilution selling (monkey see, monkey do) isn't going to last. This is the perfect storm for the Boss Hog Tankerman. Frontline is ready to rumble.
Sentiment: Strong Buy
Cuba can make such advances since they are not shackled with the burden of millions of pages of regulations and trial lawyers.
You are correct in that the "prosperity" gospel flowed into Manifest Destiny as practiced by Polk and others. The idea that God ordained the US to rule the world and expand and own it in order to civilize others was a matter of policy. That being said....that has nothing to do with Christianity if one wants to tie it to being an adherent to Christ's teachings.
" Christians missionaries were working with Indians and trying to save them"
Rog, no one is disagreeing that SOME missionaries did as you state. The POINT is that others did not. It is FACT that Christians... lay and reverends alike killed indigenous peoples that would not convert.
"it was the Christians would led the charge against slavery at least in the North."
You're rewriting history to make Christians appear better than they were. The abolitionist movement found its most fertile ground in the philosophical adherents of the enlightenment as well as in transcendentalists such as Thoreau and Emerson. To be sure, Quakers and Evangelicals DID actively oppose slavery and were major players in the movement. But you are entirely IGNORING the fact that other **Christians**, even in the north, were justifying slavery based on the Scriptures.
"It was in fact the Pilgrims who lived peacefully with Indians and even married some clearly not racist."
Some individuals? Sure. But as a society? Absolutely not.
If your argument was correct, how is it that native american civilization was largely eradicated in Christianity based New England?
Face it Rog, those good New England Christians engaged in a version of lebensraum. Where, for 20th century Germans it was the just deserts of a master race, in 17th century New England confiscation of land and destruction of former inhabitants was "God's plan".
And, whether you are willing to acknowledge the fact or not, by the 2nd generation those 17th century Christians practiced a version of the "prosperity gospel"... they believed that God had delivered the land to them for their possession. They had their own Joel Osteens back then.
Good to hear, you have made a lot of money this year with your moves danny. I hope you continue your winning ways since we are invested in a lot of the same things. :-)
I actually have significantly trimmed my EURN/DHT/NAT positions this past week to take profits. I have a dubious history with market timing, but I'm hoping a summer lull in spot rates will take hold allowing me to buy in 10% cheaper. If I am wrong then I'll look to buy back in late August (assuming share prices are close to where I sold).
Lake once again your post is full of things I have never said and nothing but repeats of what you have said a 100 times. How do you understand I have a drinking problem in the past lol you listen and believe to a racist rje and your brother Grump and then you proclaim a Lie as truth.
What has any of what you posted under this topic got to do with what I have said about Indians being killed by white men? For the most part we agreed on this topic but even that is not enough for you you have to lie and repeat about nothing to do with Indians lol. If you had a drug problem or a drinking problem that might explain how screwed up your mind works but unlike you I do not know you so all I can go by is your post which are as this one without any value.
I think the sentiment that this merger could go the same as the recent VLCC/Golden Ocean merger BUT realistically there is no comparison in demand with dry bulk vs crude now or in the near future
Sentiment: Strong Buy
Just very disappointed in the PPS action compared to the rest of the sector recently. This is a good board and I am trying to look at all the information as to the stock's future. I didn't do enough DD getting into this mess and I don't want to make a bad exit decision either. My main problem is the downward PPS that preceded the merger announcement. Obviously, this was known to be imminent by some whales which reflects badly on the company, so I think anyway.
For VLCC 2Q15 was 5% better than 1Q15 day rate. VLCC ave day rate for April 41K, May 50K & June 50K. Recent FRO contracts, 6/26/15 - 101K day for 46 days, and 7/3/15 - 88K day for 44 days. Leave if you are so inclined - I'm sticking around to see where this goes...
rest of DHT article...DHT’s market capitalisation is around $730m compared with $1.9bn for Frontline and $2.4bn for Euronav, which only a few weeks ago bought four resale VLCCs from Metrostar for around $390m.
While DHT embarked on major growth last year, boosting its fleet by buying Samco’s seven VLCCs for around $600m in September, it has been quiet since, harvesting the profits of a booming freight market.
Arguably, though, DHT is at a disadvantage compared with Frontline and Euronav as it does not have large family investors.
Frontline has the deep pockets of John Fredriksen, while Euronav has Greece’s Livanos family and the Belgian Saverys dynasty.
DHT has more private equity owners that, perhaps, are less long-term investors. Lloyd’s List has reported over the last few weeks that private equity is now more interested in looking to sell rather than buy tankers.
Cerberus Capital Management owns 8% of DHT’s shares, Carlson Capital 5.9% and Solus Alternative Asset Management 5.3%.
Asked about DHT’s future, a tanker industry source who asked not to be named said: “They have become less likely to be a winner of the consolidation contest unless they do a couple of spectacular deals to increase size and become more convincing to investors of their ability to add value over and above the value of the vessels.”
This relates to net asset value — the value of assets minus the value of the debt. DHT’s stock is trading at a premium over NAV, but less of a premium than the other two.
Euronav’s premium is 1.2x NAV, Frontline’s is now 1.25x NAV and DHT’s is 1.03x NAV.
The premium arises from the optimistic sentiment of investors toward the company, which may be due to good management and investment strategies.
So, both in terms of the size of the float and premium over NAV, DHT lags behind the other two.
DHT is such a distant third in size that its ambitions as a market consolidator now appear unrealistic and it is therefore more likely to be on the menu rather than choosing from it.
DHT, Frontline and Euronav have all been invited to comment.