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Strategies & Market Trends : The Aristocrats(tm): Market Dogs -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (8)1/24/2012 12:18:37 PM
From: sense  Read Replies (1) | Respond to of 30
 
Pegged the call on DHT...

It gapped higher at the open, from where it traded yesterday, at $0.78 to a high around $0.91 and has then traded lower...

6:17AM DHT beats by $0.01, misses on revs ( DHT) 0.80 : Reports Q4 (Dec) earnings of $0.06 per share, $0.01 better than the Capital IQ Consensus Estimate of $0.05; revenues rose 10.5% year/year to $25.31 mln vs the $26.46 mln consensus.

That they are an oil shipping stock, in a field of peers that are rapidly going BK, when they have revenues that are increasing, in this market, while beating expectations on earnings ? Wow... or, bow wow... gotta love them doggie dogs. They've also set the dividend for Feb at $0.03 to give it a $0.12 annual at a rate of 15.4%... which isn't close to the trailing $0.33 and 41.3%... but, who expected they'd sustain that ?

Here's more on the details: DHT Holdings, Inc. Reports Fourth Quarter 2011 Results and Declares Quarterly Dividend of $0.03 Per Share