TBS International Ltd. (TBSI)

All Comments on TBSI

  • 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
  • commenter
    AJ30
    Apr 24 12:02 PM
    Tanker Stocks: Bargains Here? [view article]
    How do you rate DSX, I like their business model. Will the wave of new bottoms coming on line dull the rate structures in the near future? Reply
  • commenter
    Cartledge
    Apr 24 11:50 AM
    Tanker Stocks: Bargains Here? [view article]
    I'm starting to get sick of these articles. People who aren't really posting any relevant information. I would equate this article to me posting the following about apple:

    "So I went to the store last week and bought and iPod shuffle. It holds two gigs of music in get this, digital format! I played it while i went running yesterday. I thought, look at me, I'm cool. Turns out it's made by a company named Apple that trades under "AAPL". They've been making them for quite a while and increasing the ammount of them that they sell. A business fueled by irreversable cool forces - that makes a great investment. Buy AAPL - I did!"     Reply
  • commenter
    falcon56l
    Apr 24 11:31 AM
    Tanker Stocks: Bargains Here? [view article]
    has anyone looked at NAT? Reply
  • commenter
    best.decepti
    on
    Apr 24 09:59 AM
    Tanker Stocks: Bargains Here? [view article]
    User 178946, understand that the cost of operating these vessels is anywhere from 5-9K a day, when they are making 60-120 (depending on the type of ship). Oil going up 20% may raise their costs by 15%, but that means they are getting only 90% GM vs a previous 90+%. Margins falling is a non issue. Reply
  • commenter
    Ivory
    Basement
    Apr 24 08:49 AM
    Tanker Stocks: Bargains Here? [view article]
    All tankers run on oil. Oil is more and more expensive and margins are falling on movements.
    Also if you look at all the new build tankers coming on line in the near futures we may well end up with a glut of ships in 2-3 years.
    None the less it's still a likely good medium term idea though.     Reply
  • commenter
    northquarter
    1
    Apr 24 08:44 AM
    Tanker Stocks: Bargains Here? [view article]
    What about FRO? Dividend return over 15%! Reply

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