Trico Marine Services (TMAR) 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.

Gold/Mining/Energy : Trico Marine Services (TMAR)

TMAR 22.47

+0.3%

Nov 5 2:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: D.J.Smyth who wrote (850)	9/23/1998 12:24:00 PM
From: D.J.Smyth	Read Replies (1) of 1153

a colder winter would translate into higher oil prices and also higher boat rates for the fourth quarter. higher boat rates, higher earnings. tmar is still fully employed with earnings expectations of $.24 to $.30 this quarter. they were expecting $4500 supply boat day rates for the 4th which would give earnings of about $.16 for the 4th at full employment or more if they cut back on labor. still can't believe the market would trade this 50% below book. TDW or Ensco could come in tomorrow and buy it up for at least $14. it's doubtful anyone would give less relative to TMAR having few boats that would qualify for permanent drydocking. this move would tighten up the boat market even further.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next