>Past earnings reports (alphabetical) ASC: EST EPS $0.14, actual $0.20. DHT: EST EPS $0.54, actual is $0.44 (divvy of $0.35). EURN: EST EPS $0.86, actual $1.05 (divvy of $1.10). INSW: EST EPS $1.45, actual $1.49. NNA: EST EPS $0.00, actual $0.94. OSG: EST EPS N/A (Q4, 2019 was $0.12)., actual $0.28. STNG: EST EPS $0.49, actual $0.82.
> Earnings report(s) expected this week None
> Upcoming earnings reports calendar NAT on 5/18, not specified SFL on 5/19, pre-market TNK on 5/21, pre-market FRO on 5/29, pre-market TNP on 6/4, pre-market
not sure if great or >great the timing is good i'm pretty sure brandon is from over there
Nolan Miller
We're in normie waters from now frens. Smart money has already bought in, the time of big gainz are over.
Jonathan Rodriguez
Interesting week ahead chaps, will we see a rush of speculators FOMOing in preparation for futures next week, or will we see one last major shakeout? Place your bets here.
now why in the world would they want to target tankers UNLESS THERE'S A FUCKLOAD OF MONEY GOING THROUGH THAT INDUSTRY AND THEY WANT A PIECE
James Anderson
I missed the train when Oil was at like negative to four dollars a barrel. Is it too late for me to invest a fuck ton in oil and hope for like 100 percent return in money?
Cameron Bennett
How do you want invest in oil? Etfs, cfds? Or production companies?
Chase James
What's this all about? Investing on companies that manage fleets of tankers? Buying oil? What exactly? Am long time Zig Forums lurker but first time I have looked inside one of these threads.
Brody Nelson
read the OP buy DHT wait for May 19th >no missing steps profit
Jose Thompson
the logic doesnt make any sense to me either. for some reason they think demand is going to go up for this stock for some reason.
Gabriel Garcia
>Diamond S is one of them. Of its 16 Suezmaxes (tankers that carry 1 million barrels of crude oil), 13 are in the spot market. The spot Suezmaxes have booked 54% of available second-quarter days at $48,700 per day, below expectations.
Rates nearing all time lows, even the 2nd quarter will be dicey. Bankruptcy by year end
Elijah Torres
Important to bear in mind investing in oil is a different game to investing in oil tankers, friend.
Some interesting articles in the OP worth reading, but the general gist is that tankers are one of the few industries making obscene profits during the pandemic (with added oil price war at the same time, for good measure) Strong dividends and large institutional buy-ins tells us that the value of the stocks exceeds their current price, and a lot of big boys seem to believe that's the case as well. A lot of retail is understandably put off by the volatile nature of the stocks, however.
Thus thread is made by bagholders who bought the top on Cramer's recommendation. They are down 40% and getting desperate
Jaxson Sanchez
Brandon's got help and he's trying the most desperate tactic yet.
John Gray
Thanks for the replies. Will set about doing some reading. Am in Australia, btw.
Colton Roberts
Reasons tanker stocks are crashing to bankruptcy
1. Contango almost gone 2. Daily rates crashing to all time lows 3. Dumb money has already left and wont be back 4. Tanklets dont understand dividends 5. Tanklets dont understand that stocks value are based on future earnings 6. Brandon told them much of this and they didn't listen and already lost money; now mad at all Brandons 7.No catalyst for rising stock price 8. 2nd qtr earnings not good 9. 3rd qtr and beyond losses as far as you can see 10. Excess ships will be scrapped setting stage for a week recovery in 2027 11. When the board bagholders capitulate we will get a 30% bounce 12. Then down to zero on bankruptcy
None of thus us reputable
Adrian Morris
Post your position, Brandon.
Aaron Evans
bullish for tanker rates
Asher Fisher
They made profits in the past, now they are making losses see point #5
Feel free to ask away once you've got a stronger understanding of the basics, you'll generally get helpful replies here. We do have a resident autist who's on a crusade to shit up the place constantly, do your best to ignore him.
It's actually crazy. He stayed on a thread for 14 hours making a post every 15 minutes. Easily over 120+ replies on that thread but now nobodies listening to him, he's just a goldman shill or some crazy fucking boomer.
Instead of doing due diligence on your shitty tankers you post about me all day. Sad for you and Bad for your moneys
Jaxson Fisher
Stick to your index funds Brandon. You’ve been at this for 3 days now with the same tired and increasingly wrong arguments. There are drugs you can take that help with dementia. Also post position.
Kayden Murphy
Same guy. Has to be a paid shill, or some kind of autistic mental break.
William Anderson
Soooooooo the saudis are cutting oil production, secret insider info says dht, nat, and fro are all filing for bankruptcy this week
Parker Torres
Only millennial retards trade options and penny stocks someday you will learn (you wont)
And yet you are the one bragging about losing 40% on a penny stock
Connor Hall
post the full article lad
Daniel Carter
This general is the greatest thing since $-37 oil. Thank yall for the education
Logan Richardson
Why the FUDding? I am not selling my tanker stocks. Might actually buy more. All articles posted are old and although rates change all the time, they are absurdly high. DHT has already secured its profit by leasing most ships for the comings at about 14 times the OPEX. They already said they surpassed Q1 earnings in Q2 already.
Ian Torres
>1. Contango almost gone First point is enough to see that you are a brainlet.
Contango is far from gone. The end of June contracts will one again reveal that there is no storage left.
>"But industry is resuming, people are comuting, demand is back"
Even if that is true, back in April storage was still being filled, listen to any storage broker out there and he will tell you that storage is even harder to find now than is was in April at the end of the May contracts.
>10. Excess ships will be scrapped setting stage for a week recovery in 2027 There are no excess ships. Ships take 2 yrs to build and no one is building them. Most fleets have decrepit ship running due to high demand, the scrappage of these ship was already priced in for this year. You would know this if you read the earnings.
>Yes listen to the people who are crying about their 40% losses that's the way to profit Are you aware that most of this thread bought the dip?
Tankers aren't going bankrupt in the same year where they covered 2 years worth of expenses in one quarter.
You bought puts on the way down and now you are desperate because you see the stock going up...
