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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: staring who wrote (57198)4/28/2016 2:22:37 AM
From: Paul Senior  Respond to of 78918
 
TNP. I don't know enough about the oil/gas maritime transport business to determine if TNP is a value opportunity or value trap.

However, given TNP's low p/e, low p/bk value, presumed stock buyback program, and recently increased dividend (again), I am betting a small amount that TNP is a value buy. I also have positions in the a & b preferred shares.

Just my opinion, and I've been wrong many, many times.