and it will have to earn like $80M to post $0.10/shr without gains.......The only winner is this Billionaire controlling these companies because FRO shareholders just got Shafted by him. Anyone with 2 brain cells think it is possible for the combine company to earn $80M without gains in any quarter because I would consider buying?
I'm not sure they're scared: Yahoo has outstanding shares for FRO @ just 143M now compare that to the 584M Frontline2012 holders are getting with the small number of ships Frontline2012 brought to the table.
Before merger FRO had 14 VLCC and 8 Suezmax while Frontline2012 had 11 VLCC, 9 Suezmax, 16 MR, 10 LR2,...........The final merged company will have 25 VLCC, 17 Suezmax, 16 MR and 10 LR2. After looking at what each company brought to the table, I just don't see how the Frontline2012 shareholders are justified owning 584M shares. Either they used some funny math here or Frontline2012 must have a Huge cash pile of money. Anyone know anything about this Frontline2012?
I guess the sellers must KNOW more than I?
Most recent quarter included gains of like $80M so when you strip it out they earned like $20M so now add that $20M to what FRO reported and decide whether this guy controlling both of these companies just Shafted FRO shareholders.
Don't be fooled: white people support homosexuals more than Blacks/Hispanics who tend to vote Democrat so I think most homophobes are with the Democrats.
I thought it was learned behavior too but now know that it isn't, and that people are wired that way.............I go to church weekly and don't care about this marriage thing because what people do in their Private lives is between them and God,Son/spirit to whom they will answer to. I have my own deeds and troubles that I must answer For so no time to worry about others and their problems. I suggest you worry about your own shortcomings and deviance's!
Stop with your Lies fool!
Bush took office on January 20, 2001 so Clinton is to blame for what happened on 9, 11, 2001 because we all know that they tried to take the WTC down with a truck bomb when Clinton was president, and Clinton did nothing even after muslims Bombed the US embassy in Nairobi, Kenya in 1998...............Time to stop defending Clinton moron.
Could be the USA government has a trading desk?
I want to know how they are gonna force these companies to buy more planes on top of what they already have ordered............This seems absurd and would be LAUGHED out of court by the Judge and anyone else there.
Good buy blackoil, and obviously you know what you are doing and are making money here because the whole sector is flying today.........Congrats and HAPPY Fourth.
I'll be up $2000 in less than 2 weeks on the 1K share purchase @ $35.08. This is much better than forking out something like $2,500 in Sales Tax to Louisiana if I had bought a new car at that price yesterday............waiting to get more GM shares now that Goldman has them on sale.
GM will be higher than this $35 price once June auto sales are out on Wed., July 1st.............Besides: $1500-$2000 profit on new small/mid size cars should get it trading up in a week. Buyers are just waiting to see if there are anymore sellers in GM stock.
Goldman downgraded Avnet in early November with a $39 price target despite the company already having a p/e of 10, and caused morons to sell below that $39 price................I know since I bought after their downgrade and now enjoying a good profit in AVT despite PC market and other horrible tech sectors.
Just google "auto loan demand" to see GM goes back up and look at ALLY/SC going/going up on the auto loan demand story..............Buy when they say sell and PROSPER!
Lets us know when you figure it out: NOT even a new refinery purchase that is predicted to be 20% accretive to 2016 kept it above $30.......Frankly, I believe PBF should be trading much higher than DK, but it isn't so I guess I must be wrong on it. But, I'm still not selling.
Same to you grade and doing great.............You can use the same logic and anticipation with SHLO and make money: Government mandates for higher mpgs for autos should keep SHLO products in demand, but its margins could get squeezed from aluminum prices,etc......I am sure it is benefiting from the Ford F150. That stock is volatile so be careful, but it could be a better performer than F.