/tsg/ Tanker Stock General

[Anonymous No.19612253]

Aren't sundresses the best? edition (also sanctions on tankers inbound, this is extremely good for companies not caught in them)

Sanctions
https://www.wsj.com/articles/u-s-sets-plan-to-expand-sanctions-against-tankers-11591702313
>Cursory oil education
https://www.investopedia.com/investing/oil-gas-industry-overview/
https://pediaa.com/difference-between-crude-oil-and-shale-oil/
https://www.api.org/oil-and-natural-gas/consumer-information/in-the-classroom/online-education-resources
https://www.opisnet.com/resources/glossary-of-terms/

>Cursory tanker education
https://www.investopedia.com/articles/investing/012316/crude-tankers-business-transporting-oil.asp
https://lawexplores.com/the-tanker-market-current-structure-and-economic-analysis/
https://www.mckinseyenergyinsights.com/resources/refinery-reference-desk/tanker/
https://www.euro-maritime.com/index.php/navigator?id=3080

>Tanker rates
http://www.crweber.com/ (no https)
https://twitter.com/TankersInt
https://fearnpulse.com/

>Maritime news
https://lloydslist.maritimeintelligence.informa.com/
https://www.marinevesseltraffic.com/2013/02/tanker-track.html
https://www.freightwaves.com/american-shipper
https://shipbrief.com/

>Oil news
https://www.eia.gov/outlooks/steo/report/global_oil.php
https://oilprice.com/Energy/Oil-Prices/
https://www.spglobal.com/platts/en/commodities/oil
https://www.rystadenergy.com/newsevents/
https://nhentai.net/tag/oil/

> Oil companies
No list. Sorry.

>Tanker companies
https://pastebin.com/TkNfUAFW

> Upcoming tanker earnings reports
TNP, 6/11 pre-market (moved from the 4th of June)

>Crude oil contract spread and expiration date
https://www.cmegroup.com/

Previous thread:
>>19589532

[Anonymous No.19612560]

>>19612253
I absolutely love sundresses! I don't have a subscription for the sanctions article, is there a list somewhere with them? Scorpio is taking a hit today but compared to yesterday's pump this correction isn't an issue.

[Anonymous No.19612647]

>>19612560
Don't have a subscription either, but a summary from those who have read it seems to indicate it's a general proclamation that 50 tankers are going to be sanctioned. Seems like every tanker is taking a hit right now.

[Anonymous No.19612916]

>>19612647
Bleh. Well, it is for those dealing with Venezuela. Which is probably all of them. China sanctions can still come around at some point instead which is a bump up, really unfortunate news it seems.

[Anonymous No.19613140]

>>19612916
Its a crack down on both Iranian and Venezuelan oil. So Chinese ships will/can be affected as China is a major customer of both of those Countries. I'm assuming CASCO will be included and make up the majority of the ships in the sanctions, but then again Trump might not since there's that trade deal with China. My worry is about my Greek tankers more so than anything, as those preliminary sanctions caught a couple of those companies. I have to be optimistic and hope that American and European tanker companies stayed away from Venezuelan or Iranian oil knowing the risk it carried, as this has been telegraphed for awhile.

[Anonymous No.19613299]

I miss Brandon

[Anonymous No.19613342]

HODL DHT MUHREENS
HOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOLD

[Anonymous No.19613679]

Well. That was a hell of a rebound, let's see if it keeps going.

>>19613140
I am aware Greek tankers are potentially in the biggest trouble. I don't own any Greek tankers, but wouldn't these sanctions be bullish for tankers concerning Chinese rates then if demand + production increases more?

>>19613299
Kind of same. He was fun looking back at it, wonder what happened to him.

>>19613342
DHT, FRO, and EURN are almost back to green while the rest are suffering hard, kek.

[Anonymous No.19613713]

Here's some historical info about the 2019 sanctions to have as a reference.
https://www.reuters.com/article/us-iran-nuclear-usa-sanctions-idUSKBN1WQ0JS

[Anonymous No.19613840]

COLD DEAD HANDS
>>19612253
Comfy divvies and good returns will come to you, but only if you reply "HOLD ON SEA CAT" in this thread

[Anonymous No.19613853]

>>19612253
Quick summary of what some of the companies cover.
>DHT
Total Fleet: 27
Focus: Crude Oil
>Eurn
Total Fleet: 75
Types: Crude oil, offshore
>fro
Total: Fleet 69
Types: Crude Oil, product
>INSW
Total: 40
Types: Crude Oil, Product, off shore
>nna
Total: 46
Types: Crude Oil, Product (Petro), Chemical
>stng
Total: 138
Type: Product
>tk (includes tnk, tgp, too)
Total: 130
Type: Crude Oil, Product, Natural gas, offshore
>tnp
Total: 58
Type: Crude Oil, Product, Natural gas, offshore

[Anonymous No.19613869]

>>19612253
Let us pray
Praise be to the Lawrence my rock, who trains my hands for holds, my fingers for divvies. He is my loving boomer and my fortress, my stronghold and my deliverer, my shield, in whom I take refuge, who subdues Brandons under me.
AMEN

[Anonymous No.19613872]

>>19613679
Yeah, these sanctions are extremely bullish, I just have a fear in the back of my mind that if a good company has even one ship on this list, they'll plummet because sentiment is so fucked. Rates have been amazing for the past month (against expectations) and yet, no significant action on tankers has taken place. I hope my fears are unfounded, but it's just my line of thinking. Generally, I feel really optimistic about this, even though Greek tankers make up 18% of my portfolio. Hopefully rates will go above 100k again and entice every one to jump in head first.

[Anonymous No.19613888]

>>19613679
The weird thing is that at leadt when it was just the 4 tankers, it was mainly greek tankers that own only like 1 ship, none of the big greek companies. We'll see how it unfolds

[Anonymous No.19614159]

DHT only tanker positive right now for the day, wtf is going we entered bizarro world.

>>19613840
HOLD ON SEA CAT

>>19613869
Amen.

>>19613872
Sentiment is driving this market mostly, so your fears aren't unwarranted. I have no idea when tankers are going to be treated right, just heard a statistic that 60% of this market is trading above analyst estimates for value.....yet tankers are all like half of estimated value and often below NAV. I hope another bullish rate jump can happen to maybe turn sentiment finally around and pump.

>>19613888
Nothing to do but wait. But I don't think anything is going to be a major loss for us, just have a feeling.

[Anonymous No.19614379]

>>19614159
>DHT only tanker positive right now for the day, wtf is going we entered bizarro world.

they're battling back. FRO almost back to even, and TNK coming back multiple points. TNK is such a shit stock lol cant wait to drop these bags

[Anonymous No.19614516]

FRO ex-dividend date was June 3, 2020. i've been holding since before that and I'm still holding. If i sold today, do i still get the divvy payment on June 22?

[Anonymous No.19614603]

DHT is actually up while every other holding in my portfolio is down

[Anonymous No.19614614]

>>19614379
EURN is positive too now. The battle is nice and encouraging, I hope we can turn this day around.

>>19614516
Yes. You can sell now if you want and you would get your divvy.

[Anonymous No.19614707]

>>19614603
aaaand it is a fraction of a penny down now. Stocks go up and down, we will see how it holds at the end of the day. But green during now is heartening. Everything has suffered a hit today almost, so nobody is safe you lewdie.

[Anonymous No.19614785]

>>19614707
Japan used to (or still does?) have those used panties vending machines

Think they have stuffy sock vending machines?

Fuck tankers I have a new business model I am investing in

[Anonymous No.19614795]

i am now positive on FRO bought in @ 8.99/sh

i am tempted to exit this position lads and allocate the money elsewhere. any reason not to exit FRO?

[Anonymous No.19614818]

>>19614707
>>19614785
And forgot my pic

[Anonymous No.19614831]

>>19613840
HOLD ON SEA CAT

[Anonymous No.19614851]

>>19612560
need to bump this thread, if not it'll die out again
can't just let animeanon do all the work

[Anonymous No.19614879]

>>19614159
>just heard a statistic that 60% of this market is trading above analyst estimates for value.....
Sounds like shit. This industry is a pariah and its valuation is hard to ascertain, especially for a non-shipping expert. I would like to know who those analyst were, and if they were pricing in the absolute worst case scenario, like Hannisdahl, and leaving no room for any upside speculation. Personally, I like Mintzmyer's takes. Very mellow and pragmatic and they aren't as autistically formulaic like Hannisdahl's. I like autism, but his analyses are literally just formulas and leave out the volatility of the market. It seems like Hannisdahl also has some personal biases and a very big ego.

[Anonymous No.19614952]

>>19614851
Seems like a nothing happening kind of day.

[Anonymous No.19615014]

>>19614795
bumping

[Anonymous No.19615026]

LR1, LR2 and MR rates are fucked right now. Still above break even though, just very disappointing to see. I guess there's absolutely no demand for anything product related.

Hoping for crazy demand once the world fully reopens, spiking rates etc.

STNG to the moon.

[Anonymous No.19615082]

>>19614785
>>19614818
I heard of the panty vending machines, I honestly think it is ingenious. Sock vending machines would probably be just as popular! Buy the used socks off of girls, keep some for yourself, mark up the price and sell in sealed packages in the vending machine. It is a brilliant business model I would invest in, and if I didn't own a machine I would be a buyer!

>>19614795
They acquired more funds recently to fuel acquisitions which they have been performing since Q1. They are going to grow and diversify as a company unlike nearly all other tanker companies which are happy dominating their little segments in the industry.

>>19614851
Thank you anon.

>>19614879
Eh, heard it on CNBC today so might be shit, might not. I was meaning the market in general for the statistic, the prices for this industry I just pulled from collective searching. The NAV point is unequivocally true no matter the perspective.

[Anonymous No.19615102]

>>19614795
Potential upside with incoming sanctions. Then again, it's possible FRO could dip below 8.99 before that happens and you could average down and increase your exposure. It's your money man, do what you feel comfortable with.

[Anonymous No.19615228]

>>19615102
>>19615082

Liquidated FRO @ 9.01/sh. That was my biggest tanker position. Only have DHT, EURN, and TNK left.

This whole general was supposed to be a big swing trade anyway, which did not pan out as well as we hoped.. its been great and I'll still be here until i can get rid of these other bags, but this is a continuation of my exiting this market segment

at least i know i have iron hands now after having been through the past couple of months here. thanks frens

[Anonymous No.19615310]

>>19615082
I think I'd do something like have the girls sign the socks in permanent ink, then take photos wearing them over a period of time. So you know you get something authentic.

Cheap pairs give you a couple photos and a couple days of wear time, more expensive ones you get more photos, more wear time, and maybe they've been exercised in/worn during physical activity.

Sell them in sealed packs with the photos so they retain all the good scents

Hell I'll just start an online marketplace that makes it easy for girls to sell them, I handle fulfillment and take a cut for operations.

[Anonymous No.19615483]

>>19615228
No shame in making a profit. We might have a second leg down soon anyways which will bring everything down most likely. I personally want to liquidate my DHT position once it recovers to free up more cash, but I am keeping FRO, EURN, and STNG for a good while. FRO for company growth, EURN because of dividend backed by buybacks, and STNG because it is one of the most hilariously undervalued stocks I have seen. I am eying tech right now as NASDAQ performance since it has been weakening but today showing stronger, and if second leg down happens I guess I will pick up an airline due to proven retard strength and swing it.

>>19615310
So where can I throw my money at this to make it a reality? You are a genius businessman. The socks can be contracted as well with girls, pairs sold dependent on schedule flexibility for how dirty they can get them and often they are worn. One photo posted on the inside facing the front of the package to show what customers are buying.

[Anonymous No.19615752]

>>19615483
I would definitely want to commoditize it for the general populace, so that it's easy to go spend somewhere between $20-$100 anonymously to get a pair of basic used socks and a couple photos with them on

But on the other end I'd want to scale up for the sellers. Something to keep it relatively anonymous for them, if they choose to do so, but still to sell higher dollar items. Something like more desirable items on auction, have a couple of girls trade a pair around that they've each signed, each have them wear them for a period of time, work out in them, wear them in hot weather under shoes, etc. Obviously no washing. So you'd get a pair of extremely used, stuffy socks, that had gone on multiple pairs of feet, as well a pictures of them on each girls feet. I feel like you could auction something like that at a high price, split it between all parties involved

Really, fuck selling bath water on a discount when you can sell high dollar items

[Anonymous No.19615978]

>>19615310
>>19615483
>>19615752
/tsg/- tainted socks general

[Anonymous No.19616454]

>>19615752
Starting price for day old 1 photo is probably 25. Operating costs are actually high, 25 might barely profit if at all. Our business model obviously depends on the whales, the connoisseurs. Selling longer days worn, pairing bathwater with it, multi-person used socks, all of this is products for those who truly want to exercise demand, meaning much higher mark ups. 25-500 dollars easily with ranges, easily. Maybe higher.

>>19615978
If this business model became real, I would maintain that general. But for this one I can't lie, sorry but my autism is out of control.

[Anonymous No.19616488]

Looking to get into oil stocks as a newb they should pump once countries open up I don’t want to be left behind this time

[Anonymous No.19617018]

>>19616488
https://www.cnn.com/2020/06/08/health/us-coronavirus-monday/index.html
Tread carefully. How non-zero is the chance the gov starts chartering for floating storage? I'm so glad to have married small bags of FRO and EURN.

[Anonymous No.19617358]

>>19616488
This isn't really a thread about oil stocks anon.

[Anonymous No.19618635]

>>19612253
Fuck Belgium and their 30% tax on my EURN divvies

[Anonymous No.19619294]

Sold today. Made a decent amount and had a lot of fun. Will maybe see you guys again down the road. Happy sailing.