ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Singapore Listed Companies › F - F v
First Ship Lease Trust

First Ship Lease Trust

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
DCF Offline
Member
***
Posts: 75
Threads: 0
Joined: Nov 2014
Reputation: 0
#131
12-01-2015, 03:07 PM
Good to see the announcement that they meet VTL compliance ratio of 1.25. Now they are one step closer to giving out dividend.

Also, with this VTL ratio, their vessels valuation will be closer to market market Smile
Find
Reply
a74henry Offline
Member
***
Posts: 322
Threads: 1
Joined: Mar 2013
Reputation: 3
#132
15-01-2015, 01:50 PM
Finally with the management changed some time back, we are seeing FSL revival. Looking forward to receiving distributions again...

Worth the wait.
Find
Reply
tiyana Offline
Newbie
*
Posts: 18
Threads: 0
Joined: Sep 2014
Reputation: 0
#133
27-01-2015, 02:12 PM
(15-01-2015, 01:50 PM)a74henry Wrote: Finally with the management changed some time back, we are seeing FSL revival. Looking forward to receiving distributions again...

Worth the wait.

Today's volume unusually high.
Something is cooking?

vested
Find
Reply
Retired@52 Offline
Member
***
Posts: 111
Threads: 3
Joined: Oct 2012
Reputation: 10
#134
25-02-2015, 09:10 PM
Finally we see some light at the end of the tunnel. FSL - 4QFY14 - Financial Statements: http://infopub.sgx.com/FileOpen/4QFY14%2...eID=336135
Find
Reply
valuebuddies Offline
value-addict
****
Posts: 785
Threads: 9
Joined: Aug 2013
Reputation: 12
#135
26-02-2015, 12:49 PM
It will be another hit for all the shipping trust when interest rate hikes, I think it is not easy to "fully recover".
Find
Reply
asphodeli Offline
Newbie
*
Posts: 21
Threads: 0
Joined: Sep 2014
Reputation: 0
#136
03-04-2015, 10:10 PM (This post was last modified: 03-04-2015, 10:13 PM by asphodeli.)
Down but still not out. Share price took a tumble to the 0.12x range before recovering to 0.13x on the news of their boat contract with a major US domestic oil company (Chevron? ExxonMobil?)

(Vested)
Find
Reply
starcraft_76 Offline
Member
***
Posts: 100
Threads: 2
Joined: Aug 2013
Reputation: 1
#137
16-04-2015, 12:49 PM
Did not take a look at this for quite some time, and realize that it had now traded at the range of 15.x cts. Any idea on the reason?
Find
Reply
Nick Offline
Posting Freak
*****
Posts: 2,278
Threads: 78
Joined: Oct 2010
Reputation: 34
#138
16-04-2015, 07:37 PM
(16-04-2015, 12:49 PM)starcraft_76 Wrote: Did not take a look at this for quite some time, and realize that it had now traded at the range of 15.x cts. Any idea on the reason?

Share buy backs could be the reason coupled with recent contract wins ?

(Not Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
Find
Reply
asphodeli Offline
Newbie
*
Posts: 21
Threads: 0
Joined: Sep 2014
Reputation: 0
#139
16-04-2015, 08:38 PM (This post was last modified: 16-04-2015, 08:40 PM by asphodeli.)
(16-04-2015, 07:37 PM)Nick Wrote:
(16-04-2015, 12:49 PM)starcraft_76 Wrote: Did not take a look at this for quite some time, and realize that it had now traded at the range of 15.x cts. Any idea on the reason?

Share buy backs could be the reason coupled with recent contract wins ?

(Not Vested)

1) Co. recently won a contract with major US oil company
2) They are not exposed to the dry bulk shipping market much, as stated in their annual report.
3) Co. demonstrates financial prudence in time of volatility and low oil price by not giving out dividends and doing share buybacks, even though their loan covenant was relaxed, and they can theoretically give out dividends.
4) Recent bull run effect
Find
Reply
butcher Offline
Banned
Posts: 274
Threads: 7
Joined: Oct 2014
#140
23-05-2015, 05:19 PM
Any new ships additions coming?
Find
Reply


Forum Jump:


Users browsing this thread: 4 Guest(s)