/biz/ - Business & Finance

Why the fuck are we buying sand nigger oil. We pump more in the usa. It's time to break the camel fuckery. Light those tankers on fire and scrub some ducks. Time to go back to work Amerifats

>>18945485
Yeah we should just tell those camel fuckers and other foreigners we're good and just use our own supply.

>>18945485
OPEC is the Original Sin of the petrodollar and we're stuck with it

>>18945516
My body is ready, and my heavy breathing is totally just in imagination for how hard I would have to work and how exhausting that is. Totally.

It is a tough job, but to realize our dreams we all have to make sacrifices. Even if I have to kneel down on the ground to get a good angle, or thoroughly inspect their condition with all my senses, it is the health and safety of my crew members I am responsible for of course! I suppose I also have to confiscate any code violations to my Captain's Quarters.

You are way too lewd anon....but I also like flip flops, so glad we agree there.

>>18945443
More useful links for future threads:
https://twitter.com/TankersInt
https://www.euro-maritime.com/index.php/navigator?id=3080 <- chartering term abbreviations and their meanings

>>18945513
We print our way out of debt, fuck that Petro shit.

was replying to >>18944876 on old thread, thought i'd post here.

Your div yields are kinda fucked up, check nasdaq for better results and historical data. Also, technically you can't calculate what they're gonna be for the future because we don't actually know what's going to happen, tankers are super volatile so divvies aren't predictable. However, I'm certain you're correct in assuming the div yield will be those percents or higher.

>"For the first quarter of 2020, the Company [DHT] will return $51.4 million to shareholders in the form of a cash dividend of $0.35 per share, payable on May 26, 2020 to shareholders of record as of May 19, 2020."

Let's get theoretical for a moment (These quarterly divs are complete bullshit by the way, i'm just making guestimations):

>Q1 Div: 0.36 confirmed
>Q2 Div: ~0.70?
>Q3 Div: ~0.40
>Q4 Div: ~0.20

Assuming you buy in at 6.62, by the end of Q4 your div yield [DHT] is 25.07% plus whatever growth. Thats fucking nuts!

Let's check $FRO.

>Q4 19 0.40 confirmed
>Q1 0.45 (assuming the div is like DHT)
>Q2 ~0.90
>Q3 0.40
>Q4 0.20

24.80% div yield if you bought in at 7.89 for $FRO!!!!

This is why I hate arguing with bears on this sector. Call me an optimistic retard but the upside is astronomical with share prices this low. I mean, the time charters have literally already been locked in! These tankers are in contract so there is no risk of collapse, and the company is already generating money into Q2. To top it all off, tanker analysts think that I might even be lowballing the quarterly dividends. If you buy in now you're literally guaranteed 1.6x in cash the amount of shares you bought, and that's the minimum. It could easily be 2x, maybe even more with growth factored in. AND we're trading 0.6x the net asset value for stocks like $STNG. I don't even know what to say anymore ¯\_(ツ)_/¯

>>18945864
If I hodl through all 4 quarters I'm making 6k on divvies alone. That's fucking ridiculous. Fuck the risk, the fundamentals are there and I've done the research. I am going down with the ship and that's final.

>>18945443
THREADLY REMINDER
>FROM MY COLD, DEAD HANDS

>>18945864
I see now. Thanks.
>>18945904
How much do you own?

*coof*

Augur (REP)

*coof*

>>18945647
Well anon, when you make your millions on your tanker stocks, I just hope you'll invite me out to cruise for a day, and to meet your crew.

>>18945864
But this scenario requires I hold for 4 years before I actually make any profit and that assumes the dividends make tge same amount every year and stock price remains unchanged.

>>18945992
My positions have been pretty liquid but I plan on having 2k shares on FRO, 1k on DHT, 300 on STNG, and 500 on EURN. Again, Im only at about half of this portfolio but I'll be buying in more in tomorrow, just trying to get a good cost avg in case of spikes or downtrends.

>>18946041
If the stock crabs, you just write monthly covered calls you dumbass. At 0.80 to 1.00 a call, you make the money back within the year.

>>18946041
that's 1 year. Those are quarterly earnings I posted, the total is annual div.

>>18946088
Damn I'm only holding a couple hundred in FRO and DHT. Honestly tempted to sell some other stuff and load up.
Are EURN and STNG that good? I think STNG is Greek or operates in that area so they're supposed to be pretty solid, I don't know much about EURN other than that they are hinting at some real strong performance.

>>18946021
Well. I owe you for all the lewding, so. I suppose you can take a vacation on a cruise with me when you want. I will tell my crew to treat any guests with ample hospitality!

>>18946124
STNG has largest fleet and they're working on scrubbers as well as paying back debt, again this is great because IMO2020 fucked ship fuel prices. Calvin Coeledge or whoever the fuck on Twitter says EURN is the best and I'm kind of taking that at face value (I read the 10k and they looked solid).

>>18946041
If the stock price stays the same or drops like a quarter in a year you still make profit? You break even if the price of the stock drops 25% or more in one year, and even up til that point you can sell OTM covered calls.

>>18945864
FRO's got me feeling dirty
Might buy 100 shares tomorrow depending on the price

>>18945864
Isn’t stings share price weighed down by huge leverage?

What happens when they can’t refinance at record low interest rates or refinance at all?

I’ve been bagholding stng for 6+ years and listened to most earnings calls, they shill the empty order book year after year but it never affects the rates like they say.

Giant cup and handle forming?

OH NO NO NO NO NO NO NO TANKER KEKS HAVE A /COPE/ GENERAL https://www.youtube.com/watch?v=mVza-NFH2hg

>>18946292
My optimism is short term especially for $STNG, but you have to admit they're deleveraging tremendously right now while they've got cash flow. Again, I'm only holding 500 shares because if the tanker market turns bad they would probably go bankrupt

>>18946397
Nobody is holding NAT retard.

>>18946356
>1000 shares
Damn I'm jelly

>reading that first education link
very boring stuff guys..

>>18946493
the pleb filter works. excellent

>>18946397
>taking stock advice from a poo

>>18946397
LMAO the whole argument for that video was "it's basically priced in :/" and of course he was talking about $NAT. I love inversing Instagram normies especially now when they all lost to paper hands.

>>18946397
sounds like the maker of this video is coping from having sold the bottom.

Can anyone explain what factors caused the oil tanker bull market from 2000-2020? What caused it's decline? It makes you wonder if we're in for a bull market again.

Never forget

>>18946562
2000-2010 i meant

>>18945443
No one gives a shit. Investing in oil is so 1980.

>>18946011
why are you shilling this in here? WHAT DOES IT MEAN, JOEY?

>>18946411
1/4 of my tankers are nat because /biz/ said they where shit, i thought that sounded bullish

>>18946397
Dividends are perfect for shareholder's right now since they're trading way below their book value (except NAT because stinky poopoo stock). Their dividends should readjust stockholder equity to normal levels anyways so what the fuck is this pajeet on about?

>>18946397
This is actually bullish, thanks for sharing

>>18946397
>listening to a poo
Hold the line

Is this the most cucked general in history? Why can't /biz/ ever make a general that isn't rectal raped people needing to talk as therapy?

What tanker calls do you guys like?

>>18946397
>LOL PRICED IN
>BOTTOM FOR OIL PRICE IS IN
>STOCK DECLINING AFTER DIVIDENDS IS BAD. DIVIDENDS DON'T MAKE YOU MONEY.
>STOCKS MOVE RATIONALLY, TOTALLY NOT BY PRICE MANIPULATION. DHT FELL BECAUSE PRICED IN AND INVESTORS WERE DISAPPOINTED

What a fucking retard, holy fuck. Is this what people consider a smart investor nowadays? Seriously? Am I actually smarter because I don't listen to these fucks?

Peak ignorance. So much bearishness from him and the comments, just makes me feel way more confident in my investment. God that pissed me off to watch.

>>18946411
I am. I like it, sue me. It is not my majority though obviously.

>>18946527
Normies hate NAT now apparently. Guess it has become good again.

>>18946568
Based.

>>18946978
Linkies are way more cucked. We actually have a chance at being right, and not have to hold for years to see the results.

>>18946562
Environmental regulations. Still going, Read about scrubbers.
The regulations have been tightening up. Companies that didn't adapt, died, the ones that did thrived.

I will go down with this ship And I won't put my hands up and surrender There will be no white flag above my door I'm in love and always will be.

Getting hopefuller by the day though. I'll just keep averaging down a bit. Was thinking about selling ET to get more tankers but they Pau divvy as well and seem to hold so I'll keep that for now.

Well, pre-market starts, FRO immediately up 17 cents. Time to sleep for 4 or so hours before market, I really need naps or to cover my sleep better. I was up late anyways so had to check pre-market to get an idea for tomorrow, glad that I see green right away. good night /tsg/, sweet dreams.

Why Doesn't /biz/ Buy Our Own VLCC?

Does it matter if I get EURN on the European market or the US market? Can't find the shit about their euro divvy.

>>18947224
based Dido tankerbro
>>18947562
I hold the Euro stock, doesn’t make a difference which stock you hold but it appears divvies will be paid solely in dollars, which is fine

Found a nice comfy sea shanty thread theme, enjoy:

https://www.youtube.com/watch?v=0F_f7xYOD3g

Stay comfy dear anons

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-05-08/saudi-shift-from-price-war-has-asia-oil-buyers-stewing-over-rise

https://oilprice.com/Energy/Oil-Prices/The-Terrifying-Truth-About-Trading-Oil.html

https://www.reuters.com/article/us-shipping-tankers-euronav/ships-storing-oil-at-sea-supporting-crude-tanker-market-euronav-ceo-idUSKBN22J19B

>>18948333
I was unironically going to be posting David coffin today

https://m.youtube.com/watch?v=49FWp7WLYKw

https://www.google.com/amp/s/amp.rnz.co.nz/article/db3ccafa-a488-4fdb-a4f7-e635bc2d622a

https://losangeles.cbslocal.com/video/4541547-oil-tankers-crowd-outside-of-largest-u-s-port-with-nowhere-to-unload-in-wake-of-coronavirus-pandemic/

>>18945647
I used to think these anime pictures were fucking gay but now I get slightly aroused when I see them

What the fuck is happening. I need to leave this place

>>18948456

"
"Normally it would be a few days, sometimes a week, now we're getting requests to anchor for up to three months," Lyle said.

bruh

>>18948456
All according to plan. And this is assuming we will start blasting oil immediately in a few weeks!

>>18948583
Oh that's rough anon
You caught it early so you might be safe but this is the beginning of the end

alright could a big brained anon help me understand some of this stuff, because learning is the main reason i went into this from the options angle

I believe the volume means how many contracts were sold yesterday, is that right?
Is Open Interest the total number of open contracts for this particular day/strike?
What is the Implied Volatility %?

TANKERCHADSSS HODL

FROM MY COLD DEAD HANDS!!!

>>18948953
>>18948916
dog dick boy is back

>>18948333
>>18948412
https://www.youtube.com/watch?v=uS5xR7jBxDw

>>18948953
>>18948916
rent free!

Anons, I have the opportunity to either:

>a), build tall on EURN and collect nice divvies
or
>b), build wide and add FRO to my portfolio (I currently hold EURN, TNP and INSW)

Both look tempting today - would appreciate your thoughts.

>>18949470
FRO haven't had their earnings and will be the last to do so.

oil back in freefall

>>18949470
Both good and have the same. You guys think EURN might drop more? I think I'll buy either depending on the price and if they dip a little further today.

>>18945485
Their oil is cheaper, if everything came from the US youd be paying 120$ a barrel

>>18945443
>/tsg/ - Tanker Stock General
lmfaoooooo

>>18949650
they let you do this between cleaning the toilets, brandon?

>>18949512
So you'd suggest opting for FRO in the meantime?
>>18949602
Difficult to say - EURN is possibly in the best position to hold its value should there be another collective leg down due to its massive divvy, but it may still dip a bit in such an event. Depends if you think tankers in general are going to dip again.

should i buy FRO or TNP?

Why yes, I wrote puts, how could you tell?

Kos and mro nigga

where can I find the dividend Ex/EFF dates? I can only find the past dates of previous quarters.

>>18950020
DHT dump back to 6.30 coming at 9:30 prepare accordingly

>>18950461
of course it will
today isn't the 19th

>>18950526
Oil prices will never cause the contango we saw. If you’re waiting on some huge rebound from a second round you’re going to be very disappointed.

Holding these for dividends are the only smart play because you won’t recoup your losses otherwise.

>>18950554
Ok. Thanks for the warning.

>>18950554
the lack of storage and chronic - politically motivated - overproduction will though.

>>18949690
>So you'd suggest opting for FRO in the meantime?
Frankly don't know.
On one side, you can argue that they could rise after earnings since they haven't release them yet.
But the release date in 29, way after the 19.
So, maybe EURN is better.
To be fair, something that just showed is that EURN given it's european will not suffer has much from the american bullshit. It seem to actually be the catalyst for the reversal. Since EURN stock rose in europe after the release of earnings.

>>18950461
Oof, I hope so. I want even moar. Any possible crash for EURN? I want a ton of this too.

uhhhhhh... we surging nao?

>>18950020
https://pt.investing.com/equities/frontline-ltd-dividends?cid=21022

>>18950709
All the tankers are super-green, what the fuck is happening?

>>18950718
Oi cara, mano vc beh ehre? HUEHUEHUEHUEHUE

>>18950739
Portugal

COME ON I DON'T CARE IF IT'S TIME OR NOT JUST GO

>>18950773
Poxa vida mano. Minhas condolencias. Tem karma tao ruim neh.

>>18950871
Enchilada Casadilla fajita queso

>>18950980
Ay ay ay dios mio!

Predictions for the shitshow today anons?

>>18948583
Ignore what the other anon said. It is too late now. The desires only grow in time, and there is no way you could leave this place during this volatile market. You should resign yourself to your fate, body knows best after all.

>>18950709
>>18950863
Hmm, my broker doesn't show it this high. But also been 15 minutes now. We will see during open, this market is dumb anyways. Deep green futures when unemployment rose this month 15%, really?

>>18951139
None, only prayers.

>>18951155
the regularly scheduled retail dump wiped it out

Who's ready for more bogging?

>>18950461
not sure if we're gonna make it that far for you but thanks for playing

>>18951139
more dumping
i'm already 30% down on FRO

>>18951182
retail are the only ones buying it you retard

>>18951223
sure thing dude
lots of retail buying at 7am?

GET IN HERE LADS

where my /OSG/ bros at? dont tell me you've been sleeping on OSG?

https://services.choruscall.com/links/osg200508.html

>>18951182
Honestly, probably is retail dumping. Normies are hating tankers now, sentiment has changed.

>>18951205
>>18951217
idk, things looking okay so far. Tentatively. Let's see.

>>18951271
Wtf happened to sentiment, we were killing it yesterday, did something just happen in the last 15 hours???

got some new interest in 6/19 $14 calls
could be the same guy. there's been interest pretty much every single day but more bids today

OSG UP 10%

wew lads!!! i'm rich!

>>18951238
whales dumpin on yo ass rn

>>18951244
wish this dude would stop pontificating and just drive tankers up

>>18951296
Just normies being normies. They are sheeple who don't understand things on a deeper level. Take the pajeet video posted earlier, that isn't an isolated case. That is the general sentiment everywhere. People got really turned off of tankers, and that is very, very bullish. Boomers hate them, zoomers ate them, reddit hates them, everyone hates them now and don't believe in them. Selling after great earnings seems to of worked in making people not believe in them and assume they hit their highs.

It is extremely retarded.

New day.
New updates.
New Thread.
>>18951342
>>18951342
>>18951342

>>18951351
Ok.

>>18951358
Fuck off retard. This is a thread with plenty of life in it.

>>18951358
>200 posts early

>>18951358
>this is the power of tankertards

>>18951399
>>18951415
Asked about this last thread.
Fuck off tards.

>>18951502
>>18951358
Go to reddit if you want upvotes for creating an epic thread

>>18949624
Good, then my stocks would go up.

dangers :DDDD

>>18951358
>this is the intellectual capability of newfag bagholding tankers

>>18945864
if its too good to be true it probably is.
To me, buying into globalised shipping today is like looking at CDO's in 2007

good luck

>>18952383
> t.Reddit
>>18953065
Lmao, you're such a faggot.

>>18953248
Why would you make a new thread 120 posts in if not for attention?

I have 267.59 buying power what do?

>>18950980
It's funny how americans are eager and proud to show they do not know another language.

>>18945443
>>18945864

Can someone help me understand dividends a little bit? I'm very new to stocks and I've been holding FRO for maybe 3 weeks now.

-When/how often are dividends paid out? Do they generally follow earnings reports?
-How do I set up my dividends to reinvest rather than get paid out? I use TD Ameritrade FYI.
-The numbers are somewhat foreign to me; what figure do you use to calculate the dividend payout you would get?

>>18954154
All these can be found on DUCKDUCKGO.COM

>>18954154
>When/how often are dividends paid out? Do they generally follow earnings reports?
Google ex-dividend date (date at which point it is decided who gets the divvy) and payout date. The x-divvy date is actually most important as that is the date you need to hold the stock to get the divvy. Buy it afterwards and the bastard that sold you the stock gets it. And yes, they generally follow from the quarterly earnings report although the shareholders need to approve it.

>How do I set up my dividends to reinvest rather than get paid out? I use TD Ameritrade FYI.
No clue. But I'd rather have control over when I invest, especially in such a volatile market as the tanker sector. If your app investst the money in stocks during the pump in the morning that's a shame.

>The numbers are somewhat foreign to me; what figure do you use to calculate the dividend payout you would get?
Well... you could start with multiplying the shares you have times the dividend payout so you know it for the quarter. Do that times 4 and you have an idea of the yearly payout. However, you don't know what the divvy will be for the rest of the year.

>>18954103

dude i put alot of effort into learning spanish only to realize there's no fucking point. everyone speaks english already and if you speak a 2nd language, it's pretty much for vanity purposes.

>>18954401
>Google
Please avoid using the term “google” as a verb, meaning to search for something on the internet. “Google” is just the name of one particular search engine among others. We suggest to use the term “search the web” or (in some contexts) just “search”. Try to use a search engine that respects your privacy; for instance, DuckDuckGo claims not to track its users. (There is no way for outsiders to verify claims of that kind.)

>>18955924
stallman pls go and stay go

reminder that tankers are shitcoins and if you fell for the meme then you are a retard