Thu, Nov 20, 2014, 9:25 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

TORM A/S Message Board

  • mikecline3 mikecline3 Nov 9, 2012 2:47 PM Flag

    they say book is 2.7

    holding

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • "Book equity amounted to USD 358 million as at 30 September 2012, equivalent to USD 5.2 per share (excluding treasury shares), giving TORM an equity ratio of 14%."
      I get $4.90 based on share count and equity figures listed at the bottom of the press release. It may be moot, considering they plan to lose a buck a share per quarter for as far as the eye can see. Their borrowing line is almost depleted too. Does "cash flow positive" really mean they can stay in business? At these prices, and given the thin trading, I may just have to tough it out to find out. GLTA.

      Sentiment: Hold

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Aruba Networks, Inc.
NasdaqGSThu, Nov 20, 2014 4:00 PM EST
Foot Locker, Inc.
NYSEThu, Nov 20, 2014 4:02 PM EST
Intel Corporation
NasdaqGSThu, Nov 20, 2014 4:00 PM EST