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GasLog Ltd. (GLOG) Message Board

indbell 3 posts  |  Last Activity: Mar 3, 2015 10:33 AM Member since: Feb 11, 1998
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  • indbell indbell Mar 3, 2015 10:33 AM Flag

    Was in AMR.
    Got in at .60 and out a week later at .90
    Made 3,000 but it I had the guts to hold it would now be worth over 400,000

    If this goes lower I am going to give HERO a try

  • With 510 million shares outstanding and 759 million in stated profits on the Yahoo facts file, ($1.40 per share profit) I think there is to much stock to be absorbed by the market. Only 20% is held by institutions and 10% by management. With that many shares in the free market, it is hard to grow the profit per share.

    Even with the new production coming on in the next quarter, I think the dividend should be left alone and the additional income of $20 profit on each of 50,000 barrel per day be used to retire up to half of the 510 milliion shares of outstanding stock, if the stock price stays below $6 per share.

    I realize that would take board action, but other companies are now seeing that avenue as best for the stock holders.

  • Most of the large fund holders are under a rule that they cannot carry over a stock that is selling for less than
    $5.

    If so, they must sell at below that figure before the next reporting period of their funds.

    DOES THAT MEAN WE ARE IN A "FIRE SALE" MODE?

GLOG
22.51-0.54(-2.34%)Apr 27 4:02 PMEDT