90% of earnings are from non-Medallion segment. This is a very misunderstood company. The shorts are totally off base here. i think this moves to $11+ on the next fee weeks
DHT payout was about 50% of earnings, and they have now increased their div from 0.02, to 0.05, to 0.15/quarter over the last half yr.
Since FRO has no capital payments, and with their bond payoff behind them, they will be in position to return cash to shareholders. Historically, FRO has paid a significant fraction of their earnings out.
The upcoming merger with FRNT12 may affect the timing of a payout, but it will be coming soon.
Other consideration is that FRO is likely to exercise options on 4 VLCC it current charters in.
Their Q12015 earnings will be about 0.15-0.20/sh, and their Q22015 should be in the range of 0.12-0.18/sh
given recent markets conditions. So, paying out 25% to 50% of earnings is easily doable, and would imply an div yield of about 7-8%, in line with DHT
Toyotas, Lexus and VWs are the worst looking cars in the world, every time I see a VW Passat in front of me I feel so bored that I risk to doze off. Nevertheless those cars still are best sellers.
...it COULD BE!!!
put a SELL of $35 on your shares and they CAN'T BE LENT OUT!!!
Sentiment: Strong Buy
David, they already attacked the share price the last 2 days! Smells of insider leak. That was their attack.
Sentiment: Strong Buy
as for news...maybe Inotera st q reporting. Profits were down. A big part of it was currency and they had an 11% decline in bit shipments which is probably the same seasonal weakness that mu gets hit for repeatedly. I think that being on schedule for 20nm and lpddr4 is a bigger deal if we care about upcoming quarters.
Not in the HF world, clown. As anyone, a loss is a damn loss. You idiots gotta stop talking so much BS. HF go out of biz due to "paper losses." See Peloton Partners for one example. Stop playing with me. I'm not the one.
Hee, hee I am in the money Nas was down 14 in the morning and now down 4....hee...hee nothing has changed watch and learn.......drinks one me
I enjoy smoking pot too. It's less harmful than alcohol and gives a better buzz. I see there are some on this board against older people smoking pot. They need to grow up. Everyone smokes pot of all ages.
No permit found yet.
....well yeah I'm holding.....was hoping to pick up some traders this a.m. on the cheap.........will wait until after cc when pps usually takes a dive.........if not, I'm good with what I'm holding.