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First Ship Lease Trust

First Ship Lease Trust

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DCF Offline
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#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
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a74henry Offline
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#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.
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tiyana Offline
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#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
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Retired@52 Offline
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#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
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valuebuddies Offline
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#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".
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asphodeli Offline
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#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)
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starcraft_76 Offline
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#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?
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Nick Offline
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#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.
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asphodeli Offline
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#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
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butcher Offline
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#140
23-05-2015, 05:19 PM
Any new ships additions coming?
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