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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (9715)11/7/2011 7:58:34 AM
From: Bocor  Read Replies (1) | Respond to of 34328
 
"SDRL is run by the same man (John Frediksen) that has steered his shipping company Frontline FRO into a financial iceberg"

Sdrl's ace up its sleeve is charismatic John Fredriksen,Chairman,Pres, self-make billionaire who outperformed Warren Buffet since SDRL got listed on NYSE. His presence enables low borrowing costs, also accelerated growth combined with generous cash dividends.

John Fredriksen
has served as Chairman of the Board, Chief Executive Officer, President and a director of FRONTLINE {fro} since November 3, 1997. Mr. Fredriksen has established trusts for the benefit of his immediate family which control Hemen Holding Ltd. ("Hemen"), our largest shareholder. Mr. Fredriksen is Chairman, President and a director of a related party, Seadrill Limited, a Bermuda company listed on the New York and Oslo Stock Exchange.

Any CONCERNS WITH THE FRO CONNECTION?