TBS International Ltd. (TBSI)

All Comments on TBSI

  • commenter
    golds
    May 12 12:46 PM
    Tanker Stocks: Bargains Here? [view article]
    All of the above companies are good but some are better yeilds with better future potential than others. Here is one that has been under the radar due to Q4 earnings illusions. Q4 earnings of TNK came out at $0.115 per share (however this was only for 13 days due to their IPO0. Their parent company is TK which is the largest spot market vessel management company in the world)

    Here is where the money is read the data and you decide.

    TNK presentation

    Q1 EPS = $0.76
    YRLY EPS = $3.04

    The company just bought two new Suezmax tankers on credit and you can see that the profits will go up based upon this purchase and the currently highly spot rates. Download the guidance chart from TNK directly.

    link to divided payout schedule (guidance chart) based upon spot rates
    www.teekaytankers.com/...
    download 48kb 3 page file and look at dividend spreadsheet.

    Here is the data you need to do the calculations - this data was acquired from a professional source confirmed to be accurate with TNK.

    04/04/08
    VLCC $95,263
    SUEZMAX $60,471
    AfraMAX $41,447

    I watch and record the weekly spot averages for all tanker types.
    The above list is the Average tanker daily spot rate as of the end of Q1. Q2 is higher already.


    Here is the latest average including every week from Jan 1 to today.
    05/02/08
    VLCC $96,718
    SUEZMAN $72,152
    AFRAMAX $46,545

    For those of you too lazy to download this critical guidance here is the brief summary.

    Current Q1 spot rates

    20,000 = dividend $1.64
    25,000 = dividend $1.99
    30,000 = dividend $2.34
    35,000 = dividend $2.69
    40,000 = dividend $3.04 ***** here we are

    Download the full chart to see how the two new suezmax tankers effect income (its dramatic).

     Reply
  • commenter
    User 191265
    May 09 10:50 AM
    Tanker Stocks: Bargains Here? [view article]
    Has any one looked at U.S.S They have tankers, barges and tugs. I believe is a good mix. Right or wrong? Reply
  • commenter
    skrummydummy
    May 07 09:57 PM
    Tanker Stocks: Bargains Here? [view article]
    Man, dat EGLE shure had a nice run today! Reply
  • commenter
    cos1000
    May 07 06:47 PM
    Tanker Stocks: Bargains Here? [view article]
    I've got to tell you that finding good information on the variety of shipping models out their is tough to do, ie, oil shippers, vs dry bulk, vs containers. So as a new investor to this industry (NM), only a 1000 shares to learn my lesson, I appreciate any article that gets the conversation going.

    Just listening here to the variety of knowledge and varied experiences is helpful, (although some may be bored). So Let the guy give his view and let me continue to listen to you guys/gals tear him up. It's all relative to wherever your at in the learning curve.

    I'm more into "dry bulk" because you have to pay the shipping if you need the "goods", and less liability for on/off shore mishaps. DRYS, NM, DSX are of interest     Reply
  • commenter
    investorsliv
    e
    Apr 29 11:21 PM
    My Website
    Tanker Stocks: Bargains Here? [view article]
    EXM topped off, watching for consolidation

    www.investorslive.com/.../     Reply
  • commenter
    NEH
    Apr 27 10:32 AM
    Tanker Stocks: Bargains Here? [view article]
    Thank you Cartledge! Reply
  • commenter
    Ivory
    Basement
    Apr 27 08:46 AM
    Tanker Stocks: Bargains Here? [view article]
    Unfortunately I work in oil industry trading. The price of oil IS a factor in ship movements and reduces shipping volumes. If your arb from one region to another is $2/bbl and shipping costs go up a $1/bbl (which we've seen) then your margin is reduced and the chances of you actually shipping something reduces because you're less likely to take on the inherent risks of moving cargoes long distances.
    Not sure where some of the above numbers are coming from but the medium sized ships we move (37kt) ships we move brake even is around $20K a day. Cost of bunkers has risen faster than crude due to spec changes.     Reply
  • commenter
    tjschoenlein
    Apr 26 09:12 PM
    Tanker Stocks: Bargains Here? [view article]
    Northquarter1.. you ask about FRO.. it's trading at its 52 week high with most of that gain coming in the last 45 days! For me, never buy any stock trading at its high or even close to it.. unless you have a monetary death wish.

    Hey Cartledge.. lighten up.. the man is giving us food for thought. He likes the shippers and is suggusting that someone out there should take a look.. it works for me.
    A Missouri boys view.



    Reply
  • commenter
    InvestingPen
    nies.com
    Apr 26 08:43 PM
    My Website
    Tanker Stocks: Bargains Here? [view article]
    We retain a bullish outlook on EXM and recommended this stock on April 2, 2008. Since our recommendation, we have seen a 49.37% return. You can find our recommendation for Excel Maritime Carriers LTD here:

    investingpennies.com/i...

     Reply
  • commenter
    bill stenner
    Apr 26 03:51 PM
    Tanker Stocks: Bargains Here? [view article]
    I am always amazed that someone has the smarts to consider an area off most peoples radars. Considering railways like CN have done spectacular and will continue to do so.. then Shipping is just another link. I dont think fuel prices over the long term will hurt them as that is just added into their costs. People dont have a choice.. do you want it shipped or not? Im still disappointed that that massive hippodrome never happened.. whatever happened to that neat idea for dirigible shipping. That just seemed brilliant..and no need for coastal drop offs. I smell conspiracy... Reply
  • commenter
    shhaz
    Apr 26 01:22 PM
    Tanker Stocks: Bargains Here? [view article]
    I like ONAV, ESEA, ATB and DHT Reply
  • commenter
    gmw13145
    Apr 25 08:36 AM
    Tanker Stocks: Bargains Here? [view article]
    Paragon's symbol is incorrect in the article, it should be PRGN not PRGM. Reply
  • commenter
    bsharvy
    Apr 25 02:31 AM
    My Website
    Tanker Stocks: Bargains Here? [view article]
    I wonder if you even have to worry about the price of oil for shipping companies that ship oil. Seems like that's a business where you could really pass along costs to the customer... the oil companies. Reply
  • commenter
    bds231
    Apr 24 07:15 PM
    Tanker Stocks: Bargains Here? [view article]
    Be careful here - many of the stocks mentioned are pure plays on oil/refined petrol products (as that's all they ship), rather than plays on broader commodities. They might also be ok to buy, but they're not dry bulk plays as advertised.

    DHT - ships only crude oil
    ATB - ships crude oil and refined petrol products
    ANW - ships crude oil and refined petrol products
    VLCCF - ships only crude oil
    OSG - ships crude oil and refined petrol products
    TK - ships crude oil and refined petrol products

    (Data from finance.yahoo.com)     Reply
  • commenter
    shhaz
    Apr 24 05:13 PM
    Tanker Stocks: Bargains Here? [view article]
    Been liking shipping stocks for a couple of years now. No surprise that this author/analyst likes them too. Reply
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