Thursday, 16 April 2009
Danish investment bank and brokerage Carnegie has cut its share rating for fellow Danish tanker operator TORM from 'neutral' to 'under-perform', reports said.
According to Carnegie, tanker rates have now dropped below operating expenses. The brokerage is expecting Copenhagen-listed TORM to “come up with a guidance downgrade”. TORM is due to release its financial statement for the first quarter of 2009 on May 19.
TORM is not the only tanker operator to have suffered share rating downgrades in recent days.
New York-headquartered investment bank Dahlman Rose & Company, LLC revised its share ratings and share price targets for several tanker operators downwards earlier this week.
Dahlman Rose analyst Omar Nokta downgraded DHT Maritime Inc. from 'buy' to 'hold' on a dividend cut expectation in the second quarter of this year and a fall in the company's revenues from its partnership with Overseas Shipholding Group Inc (OSG) on the back of slumping spot rates.
Omega Navigation Enterprises, Inc.'s rating has been slashed from 'hold' to 'sell' due to falling profits as about half of its product tanker fleet exited charters mid last year and suffered slumping spot rates in the product tanker segments.
Nokta was quoted saying that “the recent fall in asset values has pushed the market value of Omega's products tanker fleet much closer to its outstanding debt and accordingly we believe it is near breach of its loan covenants."
Share price targets for Ship Finance International, Teekay Tankers Ltd. and General Maritime Corporation were cut from $20 to $15 per share, $14 to $12 per share and $13 to $10 per share respectively.
Source: TankerWorld
http://www.hellenicshippingnews.com/index.php?option=com_content&task=view&id=44106&Itemid=79
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16/4 2009 23:41 Kongkurs 0
8118 Ja - så er det på tide at forstærke indkøbene i Torm, for i min optik er verden skruet sådan sammen, at når investeringsbankerne gur ud med nedjusteringer på kurstargets i den størrelsesorden, så er det fordi de selv ønsker at købe billigt ind i markedet.
Altså skal man følge med her og købe på dette valide signal.
Omvendt, så skal man vælge at sælge på stigningerne som følger af investeringsbankernes opjusteringer, da bankerne så ønsker at få solgt ud og taget profit.
Jeg har i en årrække med succes fulgt den opskrift.
Torm er er røverkøb på nuværende niveauer.
Altså skal man følge med her og købe på dette valide signal.
Omvendt, så skal man vælge at sælge på stigningerne som følger af investeringsbankernes opjusteringer, da bankerne så ønsker at få solgt ud og taget profit.
Jeg har i en årrække med succes fulgt den opskrift.
Torm er er røverkøb på nuværende niveauer.
16/4 2009 23:55 CharlesPonzi 08119 Når analytikerne/mæglerne siger sælg, så køber jeg.
Når analytikerne/mæglerne siger køb, så sælger jeg.
Analytikerne/Mæglerne er KUN interesseret i at tjene penge, og de er IKKE interesseret i andre gør det.
De par regler har givet stor profit
Når analytikerne/mæglerne siger køb, så sælger jeg.
Analytikerne/Mæglerne er KUN interesseret i at tjene penge, og de er IKKE interesseret i andre gør det.
De par regler har givet stor profit
17/4 2009 10:47 Kongkurs 08137 Ja - og er det ikke pudsigt - after den nedjustering er aktien steget med over 4 kroner - 10% Ha ha!
