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/biz/ - Business & Finance

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>> No.19092814 [View]
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19092814

>>19092702
I might indeed need help. It is so many I might grow dizzy and tongue run dry. It is all worth it for a better functioning vessel though and a well-supported crew. I will happily invite you in for the extra help, because I might definitely need it.

>> No.18904148 [View]
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18904148

>>18903878
Not bad. And it is a good strategy. We are gonna make it.

>>18903933
Bruh. Buy the day before earnings? Really? Tankers set to moon now, Raytheon set to fall, no. Stop leading anons astray.

>>18903963
Okay. Oil speculative price is bs right now, real price hasn't changed and is negative. Q1 was prior to negative oil contracts and was already a record revenue. Q2 as of today already has secured higher contracts and more revenue than Q1, and they are basically only half done making contracts. May 19th is oil futures rollover, expect crashing prior and on that date for oil and spot contracts to be made for tankers. Demand has solved no oil problems, storage capacity on the seas expected to be filled May and early June, which means rates skyrocket even more. Debts of these companies are being paid off completely as we speak. They are making upwards x10 the profit on some days during Q1 as normal, and super contango has yet to truly kick in yet. They are at their bottom essentially due to bad years prior, and their highs can be 100-200 and more.

I would buy in right now still and not wait for a better deal, the divvy alone is enough to secure yourself at near 18% which was confirmed payable and moreso. Not risky at all short and mid term. I will have to wait to see how these companies conduct themselves after getting rid of debt and such to determine if I keep any shares, but I will sell majority at what I think is peak. High possibility they are a strong long term hold at prices higher than now, though they will have a bull run peak which will taper off to those prices which I aim to sell at.

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