John Pitera's Market Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Pitera who wrote (4731)	9/28/2001 1:00:11 PM
From: Logain Ablar	Read Replies (1) of 33421

John: At this time I expect the NAT dividend to move towards its base rate of $1.36 for a couple of quarters (look what happened in 1999). Long term (after 2004) when the scrapping of single hull ships intensifies they (ULCCF) both should be good for a few years. I like NAT over ULCCF due to the complexity of ULCCF's financing arrangements (I read an annual report and they have loans, leases, swaps which I'm sure if to the company's financial advantage but it adds complexity not seen in NAT). NAT used to trade @ a 13% dividend so it can see $10 again if the charter rates go low enough. TA wise I have $12.5 as next support and then $10. Tim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next