i got the rates from a newsletter covering space. might not be exact for the day but allowed me to make my argument. be blessed. this is the day the lord gave us.
DHT pays out 60% thus 2016 earning could get cut in half thus thus reduce the divy to .13 per Q. side notes. way to much comp coming on line. i'm cunfused to how every is is bullish. am i wrong ? thanks
thanks .. agree. earnings unsustainable. debt way to high. to much comp as you said. blessings. rick
i'm thinking about getting in down here. great story. nice divi and pps appreciation. bottom is in. debt is only question but its carrying low interest rate.
my concern is crack spreads at 10, WNR breakeven at 8. just remember the spreads were at 26 when this was 50pps. thus the delta and perhaps new reality. with new legislation not sure how crack spreads go back as internaitonal buyers now can by WTI non refined and refine at home cheaper. lots of moving parts here.
thanks for reply. I too like the story here. Yet, the game has changed for refiners as overseas s markets now want to buy and refine themselves. the new norm is a lower crack spread. maybe between 8-12. WNR breakeven is 8plus. When WNR was trading north of 50 the crack was 25 to 26. I'm trading in and out. but, unless something fundamentally changes in the industry this is the new norm. Also consider why every major liek Chevron , BP and XOM and selling refiners right now ? anyway, I'm making here but not falling in love just dating. god bless
I was thinking with added revenue we might be sitting at 3 ? How big is the float now ? thanks
just a suggestion. post on one of your treads. no need to start new ones with no copy. this board controls maybe .0000001 % thus nothing can move it in either direction. i know your excited and nervous , hey me too but try to have some composure. that's all I'm saying. god bless brother. PS: check out stocktwits. great board and resource for serious traders
Added 3bb in rev and 300mm debt. Do the numbers. I closed my eyes today and bought with both hands. One of the best opps in market. Sorry about caps needed to be yelled !
Sentiment: Strong Buy