b3rkut

Which Way Are Shipping Stocks Headed?

ROLEX18K,


I think the shipping stocks do have a connection to the Baltic, it just takes longer for the individual stocks to catch up to the index.




On Jan 23 06:26 AM ROLEX18K wrote:

> The shipping stocks have no connection to Baltic Index, why?
> As all stocks in any idustry have connection to the markets in general,
> even BRK.A and BRK.B are following the SP 500 and other indexes down,
> where best companies are crashing, what can be expected of weak positioned
> firms where capital is so hard to get even for blue chip companies.
>
> I expect shipping and transportation stocks to perform as the big
> markets, if markets will continue downward in 2009 same will be with
> all stocks.

Tanker Stocks: Frontline Slashes Dividend

Also, in this article (biz.yahoo.com/iw/08112...), they say: "Teekay Tankers intends to distribute on a quarterly basis all of its cash available for distribution, subject to any reserves established by its board of directors".

Isn't a 100% payout ratio dangerous for the longevity of a dividend??

Thnx!

Tanker Stocks: Frontline Slashes Dividend

According to Yahoo Finance, the yield on TNK is 49%. Despite them raising their dividend, this rings big alarm bells for me.

Can someone shed some light on this for me? They're paying the dividend on Dec. 10. Once they have publicly committed to a dividend, can they still cancel it??




On Nov 28 12:05 PM paultaut wrote:

> I do not own any of the aforementioned companies but do own TNK which
> increased its payout from .90 to $1.07 for the 3rd quarter.
>
> I expect this payout to decrease by 2/3rds next quarter but that
> will still be more than adequate by my standards of a 10% return
> after taxes. I hope to see it drop back down to its lows when I plan
> on finishing my accumulation, maybe in January, early Feb. of 09
> when expectations will be very low again. Their fleet is very young,
> modern and nimble and their parent is TK.
>
> IMHO