Heck wrote:FRO Target + 86 %
From 9.67 to 18
+ 16.5 % Bermuda Dividend
42 % Margins
125 % Debt/Equity
Would you consider this as a proxy play on long oil?
You have any indication of a time horizon for the target? I realize the situation is fluid right now.
I am tempted to try this although the 20 Year chart looks like a penny stock. It kind of flatlined for the last 7 to 8 years, a break out could come (or not of course)
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Watch the video at the end ...
'Tanker Tantrum' - How Crude's Record Contango Has Created "Greatest Trade In Decades"
Break down DECISIVELY then it'd be H&S top (red arrows), key time.
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I have fundamental numbers from ThinkOrSwim and from Morningstar. Thank you for those numbers from marketwatch. Do you see numbers on there that clarify?
+ 16.5 % Bermuda Dividend
42 % Margins
125 % Debt/Equity
Charts posted are not recommendations. They are just a sharing of information.
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"Would you consider this as a proxy play on long oil?
You have any indication of a time horizon for the target? I realize the situation is fluid right now.
I am tempted to try this although the 20 Year chart looks like a penny stock. It kind of flatlined for the last 7 to 8 years, a break out could come (or not of course)"
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I am not a fundamental guy - but obviously this situation could be an opportunity to actually "invest" for my charities and a little for the grand kids.
I watched the vid and the thesis is we run out of land oil storage and need tanker storage. He also says to spread your funds over a few companies in that biz.
Whatever happened to DRYS ?
As per Bloomberg:
Last quarter 2019 divi was 40 cts (16.63%)
Profit Margin 32.2%
Debt to Assets 55.86%
Shaishen wrote:I am not a fundamental guy - but obviously this situation could be an opportunity to actually "invest" for my charities and a little for the grand kids.
I watched the vid and the thesis is we run out of land oil storage and need tanker storage. He also says to spread your funds over a few companies in that biz.
A chart and some fundamentals for FRO.
Charts posted are not recommendations. They are just a sharing of information.