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Knightsbridge Shipping Limited Message Board

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  • vickersviscount vickersviscount Mar 11, 2005 3:14 PM Flag

    Anybody get dividend yet?

    yes - probably Fidelity and brown can find some way to make money on a 24 hour float. . .BTW STK picker - great picture on your page of the tanker in a storm!. . .BTW Part II . . .oil close up .89 at NYMEX. . .has now consolidated above $50 for over two weeks.

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    • << BTW STK picker - great picture on your page of the tanker in a storm!. . .BTW Part II . . .oil close up .89 at NYMEX. . .has now consolidated above $50 for over two weeks >>

      Hello Vickers :
      Yeah I like that picture in my profile too. LOL - better then a pic of me...!

      On a more serious note... Crude pricing on the NYMEX now at $54+/bbl as you pointed out. Report today from the EIA about demand from China not abating ! I think we are forming a base and are unlikely to drop below $45/bbl in the next year. The upside on the other hand is harder to gauge.
      EXM recovered ALL of yesterdays drop ! I hope I get a chance to buy more VLCCF - the next qtr may not be very strong and that may give some of us a chance to buy in - then in the second half of 2005 and beyond we should enjoy strong WS-rates based on limited VLCC capacity and thsi should translate into excellent divvys. Time will tell !

      Just one mans opinion. Weekend time...I think I will take my family out to a Japanese steak house for dinner and let Knightsbridge divvy pay the check --- sweet !

      GL and have a great weekend one and all !

      SW-57

    • got it - Ameritrade

 
VLCCF
7.90+0.15(+1.94%)Oct 24 4:00 PMEDT

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