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Ship Finance International Limited Message Board

  • mentges mentges Jun 19, 2013 2:03 PM Flag

    Secondary offerings are often beneficial long term

    I have been here since the FRO spin-off, and also have a lot of companies which have done secondary offerings - basically all of them have done well, and used the cash wisely. Often it allows them more working capital for dividends, and acquisitions and to pay down more expensive debt - in the short-term it of course drives the price down, but in most cases it takes only about two months to recover.

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    • I have been in SFL since the 2004 spin-off and FRO before that, and I agree with mentges 110%. This drip will be a memory shortly. Look at the shipping headlines, the chessboard is being reorganized - OSG, TMT, STX...busted. SFL and others? Investors throwing money at them. Sit back, collect your 10% dividend yield, have a cocktail...

 
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