/biz/ - Business & Finance

What's the best way to kill myself and let everyone know it's because I shifted everything to tankers?

>>18891663
>actual $0.44

You had one job OP. Only Robinhood says that. The financial report says 0.58

>>18891748
tankie cope

>>18891777
You don’t have to be a bully

>>18891663
Guess i'll just baghold. I can rationalize it at least. Futures, Iran (hormuz), floating supply increasing (still i hope to god).

How were they not more profitable given their situation? Not bashing the company, just genuinely curious what caused it.

>>18891738
>bought tankers *after* the pump fade and right before the oil price rebound
>bought DHT
>didn't buy scorpio, despite being a heckin scorpio himself

i've just about mcfucking had it...........

>>18891748
The financial report states an EPS-basic of $0.49 and an EPS-diluted of $0.44
Here's where you got $0.58
>Adjusted for a non-cash change in fair value related to interest rate derivatives of $12.6 million, net income
would be $84.8 million, equivalent to $0.58 per basic share.

>>18891663
OP, could you add INSW to your upcoming reports calendar please - they report on Thursday.
>>18891777
salty dawg
>>18891846
Most of the true memetry hadn't yet occured Jan-March, it's still a pretty heartening showing.

>>18891846
Retrofitting ships for scrubbers, which will save them money in the long run. Another tanker got collided with while it was at anchor and was out of action for 5 weeks. The contango also hadn't started yet for most of the quarter.

lmao that anime avatarfag scammed you all
tankers were a PnD

Check that giant fuckin buy order on FRO. Someone's betting big. Tankers will be fine but u just gotta eat dicks for awhile. This is a solid play, just gonna take a few quarters

>>18891663
I'll have words with the INGRATE who said to buy DHT

>>18891864
anon don't mean shit. LR2's and huge spot market exposure is what does it.

>>18891864
different angle

>>18891932
>few quarters
did you not see the DHT report? they're fucking KILLING IT right now at this moment, they haven't even used 33% of their fleet and they're raking in fucking 110k a day

>>18891888
So...which one is it customary to use for earnings? And how on earth did they know it before the report was released?

Anyways, I don't see why this should push them down further. They already sold off, how much more can you sell when it is the only profitable business, and by 3 times it's last quarter, before super contango fully kicks in?

>>18891932
Dios mios. Are those shares? Some guy just decided to buy 85k worth of FRO right now? Damn.

>>18891932
How is that giant you dumbass.

>>18891846
>In the firstquarter of 2020the Company’s VLCCs operating in the spot market achieved $66,400per dayand the Company’s VLCCs on time-charter earned$54,000 per day achieving combined time charter equivalent earnings for the Company’s VLCCs of $64,400 per day. The resultfor the Company’s VLCCs operating in the spot marketadjusted for the IFRS 15 impact was $65,500 per dayfor the firstquarter of 2020.

>Thusfar in the secondquarter of 2020, 66%of the available VLCC spot days have been booked at an averagerate of $110,400perdayon a discharge to discharge basis(seetable Ifor details).

Because shore storage wasn't full during Q1. They literally just said that their crazy earnings aren't going to be in this report, but that they're going to be rolling in it in Q2.

I, and many other anons, have been saying it for a while. Shit got real for oil in Q1. That means shit gets real for tankers in Q2. Hope you niggers bought the bottom. I've tried to gently educate people over the past two months. You now have maybe a few days left.

>>18892019
I duno $650,000 single buy is giant? Are you a fuckin moron? Seriously, you have to be the dumbest fuckin faggot on this board if u don't think a single buy of 650k isn't big. Do u even know what ur looking at?

>>18892035
sorry but tankers mooning was just a delusion. Oil is never going to be needed again after Elon Musk reveals the next step for Tesla

>>18892017
You don't use diluted for earnings, that's nonsense. You use non-diluted (but not adjusted).
Hence 0.49 per share vs the 0.54 estimate.
That said this is the best quarter dht has seen in forever by really far and guidance is phenomenal.

>>18892035
Those are just for VLCCs? Do they make up most of the earnings for DHT? What im trying to understand is if that 66% is a significant value they’re moving to Q2?

>>18892208
DHT fleet is 100% VLCC. Most VLCCs are 330m x 60m so they can pass through the Strait of Malacca. They hold about 2 million barrels of oil. $110,000 average over an entire quarter is basically unheard of before.

>>18891864
I did buy both
I love the scorpio ticker stng

Hey bros, just wanted to let you know that even if I didn't believe or invest in tankers, I think it was very brave of you to take the risk. I'm not going to shitpost with "AHAHAHA YOU GUYS ARE NEVER RIGHT" or any other bullshit. Nobody is right 100% of the time, and you only make it by falling a few times before finding your moon mission.

Here's to hoping you guys still make it through soon. I won't be sad for missing out if this orbits, but I also won't belittle anyone for a sense of self-gratification if this burns to the ground.
Take it easy, Anons. May we all someday make it, somehow.

>>18892208
>Those are just for VLCCs?
Yes
>Do they make up most of the earnings for DHT
https://www.dhtankers.com/vessels/
Here is the fleet, do your own homework.
>What im trying to understand is if that 66% is a significant value they’re moving to Q2
VLCCs reserved for the spot market (i.e., holding crude for futures traders) will essentially double their revenues for 66% of Q2. Tell me, do you think doubling your revenues for 21 VLCCs operating in the spot market is significant? Say, an extra $60k per day times 21 tankers times 60 days plus whatever else they make off of the remainder of those days?

Protip: this one doesn't require a lot of research.

I'm down 600$ combined from the DHT and FRO I bought 2 weeks ago. But I am up 1200 from the KOS and HAL so I just cancel out the shame of listening to you tankerniggers in my head

>>18892421
>not relying solely on tankers
You won'g make it scallywag.

>>18891864
I bought stng years ago at $60-$65, dont sweat it

FRO v EURN - thoughts?

>>18892389
Thanks tankerbro. Also, literally everyone is in a panic, but we aren't even near rollover yet, and the oil rally has been solely from superficial "reopenings" that hold no barring on the actual logistics nightmare that is our current reality and that will continue to exist for at least 3 more months.

>>18892366
You don't lose until you sell
I'm hoping Q3 pushes us into the big green
I'm invested so deep into FRO and every time it drops more I keep buying 10 more shares
Straight addicted

>>18892366
awfully polite for a 4chan post. thx anon kun, hopefully my options expiring next week aren't fucked

>>18892616
Do you have hope?

>>18892522
>>18892639
I would tend to agree. I am conservative as hell, I have never gambled in my life, I win 99% of the XCOM and X-COM campaigns I start, and I have never called anything a sure thing, not even tankers. Honestly, the bond market shitting the bed is the only thing that drove me heavy into equities in the first place

However, this supercontango oil storage crisis is the most tempted I have ever been to leverage everything I own and bet it all on black. The storage crisis is here. This isn't something that propaganda or policies. The Fed can't print us out of it. Congress cant buy us out of it. Retail hopium can't save it. You can't fucking spin the fact that you have millions of barrels of oil sitting around that nobody wants and you churn out more that you can't store anywhere. It's a demand problem, not a supply problem, and DHT just proved that theory.

This thing goes on for at least a few more months. Q2 is nearly certain, Q3 is likely, and Q4 is a reasonable probability. The only thing that I can see that could possibly reverse this thing fast enough to keep people from making money (as long as you properly time your exit and don't get greedy) is a goddamned world war before the end of this month.

>>18892804
Wanna know how I know you listen to macrovoices?

>>18892168
Well, fuck me. So then everyone is wrong, we got like 3 different results here. Who even knows, I will just wait for conference call tomorrow morning and squee if it goes up while listening to the good news.

>>18892366
Thank you anon. I like you, I truthfully hope you make it as well. I hope we all make it. I am a big shill for tankers, but after this performance I guess I can't really shill it again unless I get justified by gap up tomorrow. Still holding, I am so far balls deep right now that I feel like I have to for my sake. I might be able to live with myself if this sinks and stays and I go with a bigger loss, but I will never be able to live with myself if I sell, walk away with my big loss, and then it moons. Not when it has every reason in the world to moon.

>>18892035
>>18892389
Oil bro anon, I just want to say thank you for teaching me and a bunch of ignorant anons more about oil, you have done a lot the past few days for me helping me get up to speed. You might act like an asshole and are mean, but you wouldn't put all this effort in if you didn't care and you have helped me out and probably a lot of other anons by doing so.

>>18892522
I am all in on tankers except for a minor position on HAL, MRO, and KOS. 400 shares of DHT, FRO, and NAT. Am I seaworthy? Will I make it to port cap'n? Holding despite being down 800 dollars on them. 7.2k value portfolio with 3k on margin, only 1k of this now 10k worth investment is non-tankers.

>>18892864
>Holding despite being down 800 dollars on them. 7.2k value portfolio with 3k on margin, only 1k of this now 10k worth investment is non-tankers.
Ride or die lil nigga

>>18892864
Remember when you said it would moon to one hundred? kek

>>18892864
No Greeks? You won't make it.

>>18892168
>>18892864
>After market close on Tuesday, the next of the tanker owners in the queue released its results. VLCC owner DHT reported net income of $72.2 million for the first quarter of 2020 compared to $17.7 million in the same period last year. Adjusted earnings of 58 cents per share topped the consensus forecast for earnings of 51 cents per share.

>DHT reported that it had 66% of its available VLCC spot days booked for the second quarter at an average rate of $110,400 per day.

>Jefferies analyst Randy Giveans described these rates as “dizzying” and the relatively low price of DHT’s stock as “tantalizing,” adding that the second quarter is poised “to set records.” Fearnleys Securities dubbed DHT’s earnings “as good as it gets.”
TOPPED
TOPPED
TOPPED

>>18892687
I’m lucky that as an ausfag the long term dividend payments combined with the exchange gains means I’m ahead on stng barely and quite ahead on EURN, I held SEA the tanker etf but it was liquidated recently.

Now I’m holding the Australian version of USO.

>>18892977
What are some good Greek tankers? I have NM but thats about it.

>>18892982
Not a fan of using adjusted earnings for comparison but that explains where the 0.51 figure comes from.

>>18892366
Speculation is always a gamble anon. Tankers seemed like a calculated risk though, because good/great profits, high demand, and and undervalued sector of micro caps during contango is begging to at least 2x, if not much more. If all of this was priced in I have no idea how; since the majority of upward movement was on days boomers were talking tankers on TV. If all of this is priced in, something else is holding prices back.
>>18892639
>>18892804
This. I'm still expecting a second WTI crash, we'll know for sure what's going on when June contracts roll over and people need to take delivery. I'd be more concerned if Oil *doesn't* crash despite storage being basically full worldwide. Demand isn't going to be anywhere near 100% for some time to come, and we're going to see a slew of bankruptcies and other market issues; even with money printer go brrr and QE Infinity. The markets are totally bogged but how long can you ignore physical reality? The oil tanks are full. The gasoline tanks are full. Refineries are basically offline. Gas prices are at record lows, and oil is cheaper inflation adjusted than it was in 1874.
All bets are off if WW3 starts over china. Losing our monopoly money on stonks is the least of our worries at that point
>>18892982
Starting to think boomer hedge fund managers aren't priced in, and are the reason the prices are so weird atm.
>>18893019
TNP is a half decent one. Large fleet. Not known if their ships have gyro night every night or if it's a once a month kind of thing.

>>18892888
Checked them trips. I am sailing this ship until I get that damned white whale and it will either be him or me. I am going to go captain Ahab on this mother fucker.

>>18892909
I still believe it will. I never claimed it would this week. I am just concerned when. If I can hold water long enough for it to come to reality and start going up before I am bled completely out. I am at the point where I am more likely to sell my 1k "hedge" oil investments than stop tankers if things get too bad.

>>18892977
I need information on this Greek meme. I still don't understand it.

>>18892982
Is...is this what the news is really saying? Anon, don't be too quick to give me hope, the results of these tankers may very well change my life completely if they truly go up and up.

>>18893048
Well whats important is that the analysts and institutions like it.

I feel good at not buying tankers and choose to swing soxl

>>18892804
post position please

REEEEE FUCKING ANIME SCAMMERS

>>18893118
Greeks are the largest component of the shipping industry. If you aren't investing in them you are missing a lot of the market.

>>18893098
>Not known if their ships have gyro night every night or if it's a once a month kind of thing.
Explain

>>18893181
TNP? 3 dollars? 7% divvy? Really? Or something else? Biggest tanker company is FRO, but you got to give me the stock because only thing that shows is TNP and if that is your case then you gotta be trollin.

>>18893118
The lack of immediate price action doesn't surprise or bother me, we'll get our answer tomorrow and in the coming days.
https://www.freightwaves.com/news/investors-dump-tanker-stocks-just-as-tanker-profits-soar

>>18893312
Isn't EURN the biggest? I'm holding EURN STNG and DHT through Q2 earnings. I'm a total degenerate so I went in with $100k, 45k of which is on margin. If I get margin called I'm essentially fucked because this is all my money. I'm selling covered calls though to reduce my cost basis, and will continue to do so for as long as it takes to moon and get my shares called away.

>>18893312
Just researched this, apparently he is right, Greeks are leading by tonnage and ship number in the world, something like 20% combined. The biggerst greek company is Maran Gas but cant find it on any market.

My portfolio is 85% FRO 15% cash am I going to make it?

>>18893305
Greek gyros. They're delicious, and much better than the joke i made.
>>18893373
Shit man, that's a WSB tier play. Learn options, still have leverage and the most you can lose is your initial. My gut feeling is that the tankers will eventually print but they're taking their sweet time getting there for sure.
Btw don't hodl this shit forever like unless you believe in the company, original discussions on the tankers play was like sell close to Q2 earnings calls, might be able to stretch to Q3 now depending on how world reacts to corona.

>>18893336
>We are making 150k a day per ship!
>"Meh, we expected something we couldn't even imagine going forward."
>"B-but we are making 10x what we normally do right now and it is secured for months on end, and things seem like they will get even better."
>"Don't care, speculative oil is up."
>"But our rates are secure even as oil goes up, and there is a very high chance oil price goes down..."

Wtf is this clown world?! How do analysts dismiss this shit and not log onto their brokerage accounts right that instant and buy shares? This has to be corrected. Least that one analyst for DHT was showing the proper reaction of wtf'ing and wanting to buy right now.

>>18893373
I am poor. I wish I could afford that much money in shares. If I could I might get set for life if this pans out. I seriously wish you the best anon, even if you are a total degenerate this is the right call and we should all make it. I am essentially doing the equivalent with my poorfag stack as you.

>>18893512
Well damn, I'll be. Still doesn't look as profitable though as a stock.

>>18893592
Agreed, if I could drop 100k on this stuff I certainly would and it'd be life changing.

>>18892366

Thanks Anon, I put 40% of my portfolio in Tankers. I believe in taking heavy risks when you're young if you can find odds in your favour. In this case, I fucking love the odds and we're all gonna make it. Except for NAT clowns LOL

>>18893592
Thats it, if it's clown market they want I AM MAKING THE CALL

>>18892627
EURN better balance sheet.

>>18893675
Isn't that mentality why this thread is full of FOMO bagholders complaining about the market's irrationality?

>>18892804

We could get crushed temporarily by markets rolling over and going on another leg down. Not sure how Tankers would perform though if the broader market is fucked but tankers are 1. Undervalued 2. raking in millions

>>18893675
Well, if we get a miracle run it is life changing anyways, just not "fuck you money." Which for me is more than good enough.

>>18893686
Kek. You know, if they go to their lows again I will just sell everything else and max out my margin. I will refuse to believe DHT deserves to be 4 dollars with how they are performing and will put everything on the line to demonstrate that. I really, really hope this won't be the case though and it just starts behaving normally and we can all make money.

>>18893754
They just have improper timelines. In 6 months the bag will be more than secured.

This fucking clown market. Even if countries open you guys expect people to actually go out? Working from home is becoming a more appealing option more than ever. Partial lockdowns still mean that demand for oil is far less. The Saudis and the Russians just keep pumping. How the fuck does everything go to normal overnight????

>>18892324
got to admit.
They got the best name/symbol combo in the whole stock market

>>18892017
>>18892168
Unsure about which one is more commonly used in today’s market, both are needed to analyze a company’s health. I’ll probably change it to basic since diluted is “theoretical”. It was only just recently, last 25 years or so, that companies were required to report diluted EPS. Equation for EPS is: (Net income - preferred Divvy)/ weighted average of outstanding common stock. Or something like that. Diluted EPS is (Net income - preferred Divvy)/(weighted average of outstanding common stock + convertible securities). Diluted essentially takes into account all possible shares that the company could have outstanding, should convertible securities be exercised. Think of diluted as the more conservative estimate that gauges the health of the company. They made companies report diluted so common stock holders weren’t being fed a line of shit if the company had a large amount of outstanding convertible securities. A diluted and basic that have similar values is good news.
>>18892150
Can't wait until Tesla reveals the replacement to humans. Elon is such a visionary.

You guys are giving me hope again.

But why didn't all the people with all this knowledge mention today was going to be an epic letdown

I don't mean you specifically but like DHT Anon to begin with

>>18892366
Thanks anon, good luck with you endeavors. Here's an anime girl for your troubles.
Also, checked.

>>18894047
We were dicked by Trump’s tweet to a signficant degree, which caused a pump on oil

>>18894075
No one saw that coming. The only thing we can do is wait till Q3 or Q2 depending on how things turn out. At least we can get some divies in the meantime

>>18894117
Not if you're holding calls

>>18894155
What if most of my calls were 5/15?

>>18894221
Then you'll experience the void. Don't worry, I too am holding calls for the 15th so I'll experience it with you.

>>18892982
Whats the sauce for this image?

>>18893804
I think the play is still good, just need to be patient. Oil super contango will hit sometime in May no matter what they do now. I too was expecting more tanker movement though, the fact prices are going down despite great earnings is literally bog market rules.
>>18894075
Trump is going to have pie on his face when shale bankruptcies start to hit, WTI goes negative again, and we get a 2nd set of lockdowns.
>>18894221
Ouch, can you take a partial loss and roll-over the calls to later? I might need to do this with my 7/17 TK 5c. Close to expiration is a big gamble unless you're ITM or want the underlying

>>18893592
Analysts/hedge funds likely waiting until after earnings call tomorrow morning to make their moves.

>>18894280
see >>18893336

>>18894302
https://www.rigzone.com/news/global_oil_glut_set_to_halve_in_may-04-may-2020-161965-article/
Analysts believe the play is still good, too.

>>18894302
My calls were for 8$.


What are the chances that it reaches that so I can at least sell that one and place more much further out?

I feel like their stock could move in the coming days... I dont think a second tweet from Trump in the morning will cause another day like today

>>18894628
I held way too many of those lol I'm not optimistic

>>18893154
I'm in big for a medium length play on STNG, EURN, TK, and TNK, and a small amount in FRO. I'm playing short with DHT, which trump may have fucked a bit. I think FRO and DHT will lag behind for a lot of reasons, which is why I'm steering clear. I dumped all of my NAT after Cramer turned it into a meme stock, will reenter probably week of their earnings and futures rollover.

Also, people are hype hype hype about tankers for Brent, but smart money is already making a killing in pipelines on WTI.

Cat is out of the bag now, this stopped being a secret in March, no reason to hide this stuff. Dummies will still follow lines though, so there should be a few days left to maximize exposure to May 19.

I pray to god we see another oil "recovery" and idiot parade in June, we can just do the same thing all over again.

>>18893592
Thanks anon. I live in NYC and property is so expensive I see this as my way to actually afford a house if it pans out. If not..I guess I'm fucked.

>>18894879
There's no money in pipelines, what the fuck are you on about? Pipelines are bleeding cash because nobody's paying to transport the oil. They have limited capacity to rent for storage and they already rent as much as they can but it's nowhere near what they need to recoup lost profit.

>>18894915
>There's no money in pipelines
Of course there's not.... now. Everybody took a bath because their fundamental businesses have essentially been suspended, but pipelines spiked up quickly to where they're going to hang out for a while. You're talking business viability, I'm talking trading around contango, there's a difference. Those who went in on pipelines first (highly disfavored storage) have made or are currently making their money and transitioning to tankers (storage of last resort). When contango is over, the short goes in reverse order to maximize gain again.

Should I just dump my tankies? Fortunately RIG is covering my losses for the moment

>>18894628
>$8 calls
What date? If you bought them for this Friday, the only thing I can ask is what the fuck were you thinking?

It's not hard to spend a little extra cash to ensure you don't get eternally reamed by theta and belief in miracle 20% pumps

>>18895096
Why dump when the earnings aren't released?

>>18895108
Because it feels like a fucking scam. I’ve been bag holding STNG and DHT and eurn for 2-3 weeks and they just fucking bleeds money. I made more money on meme shit like chegg ffs

>>18895106
No they were for the 15th.

I did place calls out into june and october. I also placed some for the 15th in hope that earnings will drive bull sentiments. And the worst thing I had in mind is I could just sell them if I wanted to lol.

What do you think about calls for january of next year?

>>18895037
I don't buy it. It's oil or tankers, pipelines are the stable dividend-yielding option for when oil is up and doesn't plan any disruptions.

>>18895200
Unnecessary. I was personally planning on playing the rollover, so I have mine out for July. Know your exits.

>>18894302
I rolled mine to June and picked up a couple December for giggles

DHT bros... I don't get it. The earnings report was good. Are we bagholders now? Was it priced in?

>>18895333
Trips of truth..

How do I rollover calls, I cant find that option with TDA

>>18895377
Sell at a loss and rebuy

>>18895375
Read up in this thread.

Earnings report up 72.1M from 17.2M Q12019>2020 Q2 will be even higher and they raised their dividend.

Trump tweets to boost oil which has the inverse effect of sinking tanker prices for that day.

>>18895375
It’s a scam. The whole tanker thing is a scam. Dump them and move on desu.

>>18894522
Rystad's been giving good numbers but even they only could come up with a range. We're close though.
>>18894628
by 5/15? It feels unlikely. We might not know true market interest until more earnings hits / contango happens, desu.

>>18895375
Holy shit, hold until futures rollover. Everyone knew earnings were going to be stellar. It doesn't change the fact that oil is still going through a rally due to retard retail flooding the market to get a slice of the """"cheap oil"""" pie. Wait until May 18-20, and watch shit collapse yet again.

>>18895377
I'm specifically talking about futures rollover.

>>18895528
How many people will be too shy to get back into oil after it goes negative again, and what would that mean for DHT...

>>18895528
>Wait until May 18-20,
well fuck me

>>18895375
https://www.npr.org/2020/05/04/850026351/saudi-arabias-oil-tanker-flotilla-is-reaching-the-u-s-despite-some-objections
don't panic sell, there's still too much oil and the oil demand isn't too high with the partial lockdowns and the potential of a second wave

>>18893575
Every day I keep buying the FRO dip and every day it keeps going lower
It's almost at 50% of my portfolio
I hope we make it anon
I really do

Reminder that the DHT earnings call is TOMORROW MORNING! Do NOT panic sell your DHT early in the trading session.

>>18896926
Jokes on you I probably couldn’t sell my calls if I wanted to at this point.

STOP FREAKING OUT OVER A DIP. If you’ve done your research and picked some of the undervalued tanker companies you don’t need to worry about fluctuations. It’s volatile atm, but the solid companies will perform in the long run. Tankers are cyclical. They’ve been in a bear run for 11 years, now is the time of the bull.
Also realise
1. Trumps tweet fucked them
2. Computer algorithms: when oil goes up, tankers goes down.

The more profitable tanker companies will be well aware that their stock price is fucked so they will either
A. Buyback stocks
B. Pay some cash money dividends
Or c. Both a and b

Good day sirs.

>>18897090
It was a tank when we were expecting a moon. Been getting shit on by everyone for weeks now and it just totally shit the bed while GME moons.

>>18897090
When's it going to start paying off though?

>>18897183
I can’t predict the fucking future
Give it a week for stonks to go up after earnings reports this week with q2 guidance

>>18895200

>>18896373
just 2 more weeks breh

Is NAT completely crud or can I stick with it?

>Yahoo finance cannot shut up about DHT missing their earnings by 20%

I thought you weren't supposed to use diluted earnings. Everyone ignoring how they beat it all and just using adjusted to compare to unadjusted estimates. Why the fuck is everyone so bearish when they are racking in 10x the profit as before?

>>18897847
jewhoo finance just trying to buy some cheapies

>>18897847
Pisses me off that this shit passes as financial journalism. Same thing with the Benzinga article.

>>18897847
There seems to be a strain of people completely unwilling to give tankers an honest look. Might be because they're down on the industry in general, or because acknowledging that tankers are doing well and will continue to do so for a couple months would be admitting that the global economy is not headed for a v shaped recovery.

”If we don’t give them the ratings, they’ll go to Moody’s…If we don’t work with them, they will go to our competitors. Not our fault, simply the way the world works.”

>>18897987
It's because persian analysts are anti greek

what's this FUD about DHT dipping in after-hours? false. shills can't even check charts and facts now. watch how it moves in pre-market tomorrow. sleep early, set an alarm and wake up early. it's going to pump to at least $7.5. and if oil price drops again, which we know it will unless all-out war happens, then DHT can easily cruise to $10+.

>>18898698
i should have said "went lower" instead of "dipping". yes it did dip, and then went back to $7. the past 2-3 day activity shows it has found a floor around $7. if earnings were perceived as absolutely terrible it would have gone under $7 and stayed under. instead, price activity shows that investors are holding out to see if they announce a div, or if they increase the div. given that DHT execs probably saw the big pump in NAT, they want similar attention for their stock. so in the call the smart move would be to announce a sizeable div increase to reflect their higher profits.

>>18898698
I fucking hope the saudi tankers make future traders shit their pants, fuck only a week left

>>18892006
kek underrated

What's a good stock for an ASXfag to jump on the tanker train?
Is it too late?

Not owning the superior source of energy in this market.

You guys are never gonna make it.

I doubled down on DHT as it went down today. I’m of the theory at oil prices are fake and gay, we ARE producing far more oil than consuming, that is a fact. Storage will run out very soon and people will be bidding up storage on tankers. We’re gonna make it bois

>>18898999
>one ok? why not two?

What will tomorrow look like anons?

I’m really regretting those 5/15 calls I bought before yesterdays dump. Should have got june or july I’m a fucking retard I don’t know shit about oil or that may 17th or 19th future expiry.
dht, stng, eurn 5/15, and one stng july call. God save me, if I had money to buy more summer calls today I would have. Blew my load ath

it looks like all the good news about DHT was priced in during the run-up from low to $8 and now it's going to base around $6-7. only potential catalyst is some news about div and future plans.

>>18893575
>>18896747
The thing with FRO is:
The stock price was higher before 2020 and stocks weren't diluted.
So if the company is better off now, stock are undervalued.

>>18896373
DHT dividends will be on the 19th.
0.35 per share, no bad.

Just wait.
People bagholding this have to be patient.
This companies are going trough their best year ever and you really want to get out on a loss?
I don't understand...
I bought FRO on FOMO for 10.50$, been DCAing them to 9.50.
And I got into DHT yesterday for 7$.

>>18898698
6.80

im thinking tanker stocks might boom every month on the 19-20th when futures contracts expire = boom

then people will quickly start injecting that hopium that the economy rebounds quickly and forget that there's still supercontango regardless of what trump tweets or the news reports = bust

tankers are fundamentally the correct play, but the sentiment of the people are what makes the stock price move right now, not fundamentals

we might have to swing trade these tankers every fucking month for the next few months because people simply dont want to believe the economy will not rebound quickly and oil demand will not come back right away

might have to swing trade these every month, unless you want to hold the stocks for the divvys. i think you have to hold the stock for like 60 days or something after the divvy date or you get taxed out the ass or something... anyone know about this?

STNG huuuuuge beat

>>18902255
Basically this.

The more I read and learn about tankers. The better than the investment in them seems.

>>18891663
How the fuck did the oil contango implode so soon?
Will the spread widen again when we get near the end of may futures contracts?

>https://www.dhtankers.com/webcasts/

GET IN HERE BROS

fuck yeah

>>18903011
REPORTING IN

>>18891907
This. They also paid of more on their debt. They are doing well and will keep doing so.

>>18902771
just wait it out bro

holy shit

>>18902255
>im thinking tanker stocks might boom every month on the 19-20th when futures contracts expire = boom

this won't happen every month

it's an exceptional situation where demand is very low but supply is still high; the price collapse is already resulting in lower supply because rigs are shut down; low demand - high supply was good for tankers because the need for storage is an extra source of revenue for them. The next few years however will likely see lowish demand and lowish supply which will be bad for tankers because there's less need for transportation.

You're all deluded if you believe that tanker stocks are going to moon because of two good quartals. Stock price isn't just a function of current revenue.


Also, the WTI melt down last month was largely caused by USO selling its front month futures; that won't happen this time because the fund now mostly consists of more remote futures.

>>18903386
be ready for a dump

>>18903393
i may legitimately shit myself

oil is getting destroyed RIGHT NOW

they just announced a gigantic surge in Q2 expected income

HOLY FUUUUUUCK

>>18903386
>>18903393
This is amazing. Don't give a shit the stock is low now but how is this not picked up on more?

"ZE EP.I..CALLY ILL-TIMED PRICE WAR"

>>18903411
I put 25% of my portfolio in Euronva, Scorpio & TK & TNK, I understand now that it's a clownworld paradigm and it's going to get down if the companies make money.

Just waiting for gold and silver to moon desu

i listened to the UAVS call for shits and giggles
this is the complete opposite

>today, we have already secured more revnue than the entire first quarter, and still have 584 days to fix

This is a really good report, fuck. Come on market, if you don't get a boost to DHT now there is no hope for you.

>HOWDY GENTLEMEN

DO AMERIBURGERS ACTUALLY GREET PEOPLE LIKE THIS

BASED RANDY

60% payout secure, buybacks on the table. Good, good news. Come on baby, nothing but good news here.

h-here we go?

OIL DYING
>OIL DYING
OIL DYING
>OIL DYING

>>18903571
STRAP IN LADS

IT'S HAPPENING TODAY

>>18903571
I've been hyped about the break through 7 for weeks now and don't expect it to hold now again.

>>18903564
Literally no bad news. And oil is shitting the bed right now.

>>18903604
wake me up when we are close to 0 again

>>18903508
howdy pardner

>>18903629
TRUMP CAN'T SAVE IT NOW

>>18903571
god please deliver me

>>18903644
zzzzzzzzzz

>>18903571
Glad I doubled down yesterday when everyone was panicking here. It was a no brainier.

DHT is the only thing going up right now

Stng call or dht call I cant do both ahhhhhh

>>18903729
>not counting my cock

>>18903729
Jesus Christ this gets me hard. I might actually keep it as a long term hold. I am really starting to like the sector.

>>18903620
All good news, all great outlook, oil going down. It isn't out of the question to hit 8 today.

>>18903777
checked but won't hold it all long term. gonna try to sell the peak, but if they truly become a strong company and not horrible like past 5 years I might keep a few shares.

GOGOGOGOGO

THANK YOU GENTLEMAN

sell your tanker stocks and invest in raytheon technologies while its low, tomorrow it will moon.

FULLY REPAIRED SHIP THAT WAS DAMAGED.

READY TO BE DEPLOYED

LITERALLY NO BAD NEWS, NONE.

>>18903819
it isn't out of the question to hit 8 in premarket if you consider what's going on simultaneously with oil

>>18903867
OOOOOOOOOOOOOOOOO

SOMEBODY ASK A QUESTION I DON'T WANT IT TO BE OVER

Well that was a pretty good conference. That was really, really good. Now we wait.

Who here cracking a beer at 9AM in celebrations of whats about to be a guuuud day

Oil already down 6%, DHT fucking killed it aand basically confirmed they're automatically going to kill it for Q2

Stella Artios boys

epic sell-off at 9am and i neck myself

If this doesn't get DHT to the moon, nothing will. Someone is purposely trying to keep the oil tanker stocks low.

>>18903977
might sell exxon and buy dht.
Opinions?

>>18903977
I am for sure, dht is looking great, I just wish I would have bought calls instead of actually stocks (who the fuck buys stocks what was I thinking)

>>18904022
Yes. Oil isn't a good thing to be in right now. If you get in DHT now, you will already be able to take advantage of the divi. Not sure if it's too high to buy at open, but if it drops later in the day then it's a solid buy.

>>18903977
Q2 is already a success while all the other companies - bar a few - will post worst results than Q1. Wow.

>>18904022
only thing i have apart from DHT is NAIL i'm eyeballing it as a source to buy more calls

my plan is to take proceeds from DHT and move them to NAIL pretty much ASAP as that looks ready to 6x by the end of the year

>>18904010
The thing is that the results look much worse on marketwatch and associates. This keeps investors away I think.

Can somebody give me the rundown when it comes to divvies? I read something somewhere that you have to hold the stock for 60 days or you get taxed out the ass or something - is that true?

You cant just buy the stock, collect divvies, and then sell right away, right?

after a quick breather, oil resuming the downward march

It doesn't really want to moon does it. Let's see what market opening brings.

This is the one time I'd be more than happy if the company does a buyback.

who the hell would be taking profits right now
record breaking Q1
Q2 already ahead of Q1
oil dying

Stng call

Lr2 rates >100k a day
Many other lr2 traded crude and can no longer carry clean products exploding rates
"Never seen an order book so low (for available cpp tankers) and rates so high.
Nobody will make enough lr2
40 day lr2 voyage 178k "this is not an outlier"

New Thread for a new day
>>18904391
>>18904391
>>18904391

>>18904391
>>18904391
>>18904391

>>18904099
please respond

>>18904095
>no mention of it being a QUARTERLY dividend

>>18904406
fuck off this doesn't hit bump limit yet

>>18904469
Respect your fellow tankerbro, I think he’s made all the threads so far.

>>18904434
Dat side boob tho...