pro-t these loser shareholders are filled with misery riding this dog meat stock into the abyss and into the lowest prices ever.
poor mgt, loser shareholders in a troubled industry. look at the share price on a long term chart. it is near the worst price ever
usually done by hedge funds and they do alot of research backing it. supply is crushing the industry imo. the mgt could not spend and build fast enough. great job.
when are they doing a stock sale the serial diluting gang to cover reduce debts fund lindburgh and maintain this dividend
congrats on your trade BUT what we are talking about is long term performance of this company which has been abysmal and that Mgt does not deserve any bonuses or stock options for poor performance. I was looking to trade this too but expect it to test down near lows again and maybe stay there as more writedowns continue imo. bv will be lowered more
Ask them where that came from? $215 million worth. They say it was NON cash BUT shareholders did PAY for this loss with cash at one time. Horrendous performance. It is a big loss of book value for shareholders.
Yet they build more and more new capacity and spend all cashflows PLUS more like adding debts.
A bunch of BS. They did not pay much of a dividend until recent years and the returns have been horrible over 20 years. You better hope these so called Great managers did not overbuild vessels like their other moronic competitors. All they do is spend all the shareholders money year in year out. especially the pile on new builds now. These clowns should GET ZERO bonus and stock options this year and next and why they have been getting them in recent years is an insult to shareholders.
what disciplined? they went bonkers over expanding new fleet in recent years. They are spending a boatload this year and next to build more capacity. Look at the share price moron lower than decades ago. If oil stays down this one will drop again. The buyback is laughable since they are spending all cashflow plus some building more vessels.