Hohum777

Chris Mascarenhas

Hohum777’s Activity

Today

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 2:52 AM

Re: HoHum's Shipping basket 2015

Frontline 2012 (FRNT results)
Now that's the type of numbers one expects from a "tanker biggie"
- Avg $38.3K daily for VLCCs
- Avg $35.6K daily for Suezmaxes
- Avg $19.9K daily for MR2 product tankers
- Financing for 10 [more]

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Boards Post

Hohum777 posted to the Value Hounds board. 2:31 AM

SDRL Q4 2014 (Second take)

Seadrill (SDRL) started 2014 as my top holding, but ended the year outside my Top 10. Probably somewhere in
the 13-14 slot. It has fallen further, mainly due to the Petrobras new item I mentioned a couple of weeks ago.
The Petrobras news item [more]

Yesterday

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 10:17 PM

Re: Feb 2015

2/26
- Reduced my INVN stake with the bounce.
- Nibbled on NNA after the small pullback
- Slashed the FRO stake in half after the earnings bounce. The VLCC avg was somewhat disappointing, the
Suezmax avg was pretty good (If I hadn't [more]

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 9:26 PM

Re: HoHum's Shipping basket 2015

2/26
Results! Results! Results!
FRO announced Q4 results earlier today
- Not very impressed with the VLCC avg in Q4 - $27.9K daily
- Was impressed with the Suezmax avg of $26K overall, and $27.2K daily for the spot trading [more]

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Boards Post

Hohum777 posted to the Value Hounds board. 10:04 AM

Mgmt talent: The divide

X-post from "Last RoundUp" (I thought I had posted here)

http://boards.fool.com/mgmt-talent-the-divide-31645204.aspx

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Boards Post

Hohum777 posted to the Value Hounds board. 9:33 AM

SDRL Q4 2014 (First take)

Busy day for me, with many of the Fredriksen-backed entities reporting today- SDRL, SDLP, SFL, NADL & FRO.

The Q4 report is out, the Presentation slides & the Fleet Status Report are not. I mentioned the big negative
item a [more]

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Boards Post

Hohum777 posted to the Frontline Ltd. board. 7:17 AM

Q4 2014 (First take)

- Rev of $71.2M after subtracting voyage expenses
- Net income of -$13M
- Fleet avg. Suezmax $26K daily (very nice)
- Fleet avg. VLCC $27.9K daily (not so great)
- Convertible bond pay-down continues- down to $127M.
- Mentions [more]

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Boards Post

Hohum777 posted to the Frontline Ltd. board. 1:15 AM

Genmar + Navig8

The basics of this merger had been discussed several weeks back. Navig8 will turn over its VLCC newbuilds
to Genmar in exchange for an equity stake in the new company- Gener8 Maritime. Somewhat quirky, but captures
the essence of both [more]

Wed Feb 25

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Boards Post

Hohum777 posted to the Last RoundUp board. 10:51 PM

Mgmt talent: The divide

Several months ago, when John Fredriksen (JF) and his former close confidant, Tor Olav Troim (TOT), decided
to part company I wondered whether it was a small disagreement or a major chasm? Since JF basically exited his
position in Golar LNG, [more]

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 12:32 AM

Re: HoHum's Shipping basket 2015

2/24
GLNG provided preliminary numbers
- $32.5M in revenue
- -$8.3M operating loss
- Maintain dividend of 45c/sh
- Drop-down of Golar Eskimo to GMLP
- Old CEO Gary Smith returns to the role
- Newbuilds delivered in Dec [more]

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Boards Post

Hohum777 replied to the Macro Economic Trends and Risks board. 12:11 AM

Re: Shipping woes

On the LNG shipping side, there are several factors
1. LNG supply has not come online as expected. Angola LNG started, then stopped. A few of the Australian
projects have had delays, etc.
2. The oil-natural gas relationship you cited. [more]

Tue Feb 24

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 10:43 PM

Re: Feb 2015

2/24
- Price pullback in O; good opportunity to add to Mizone stake
- Nibbled on LVS
- Created a second folio on Folio FN. This quartet was more "utility" focused-T, ED, VZ, SO. The first
two are DRIP restarts in the new [more]

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Boards Post

Hohum777 posted to the Macro Economic Trends and Risks board. 10:14 PM

Norway + oil sector

Some Yahoo! page had an article on this issue earlier this morning. One of the anecdotes in the article was
about a now unemployed mechanic who is going to be selling his new car and heading to Singapore to help on equipment
construction [more]

Mon Feb 23

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 10:32 PM

Re: Feb 2015

2/23
- Exited RGSE nibble from Roth ac. When a failed idea suddenly jumps 25%, take the bounce :)

Sure, I could have predicted that - RGSE bouncing 45.6% today [sarcasm] on huge volume. Of course, after-hours
RGSE turnaround [more]

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Boards Post

Hohum777 posted to the Macro Economic Trends and Risks board. 9:39 PM

Shipping woes

South Korean dry bulk shipper Daebo became the third dry bulk shipping company to seek court protection in
the midst of a sector slump. The other two in 2015 are a Chinese company and a Danish company. Also, mention of
the prblems in the LNG [more]

Sun Feb 22

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 10:29 PM

Re: HoHum's Shipping basket 2015

As noted on the Value Hounds board, SFL seem to have purged themselves of the 5 container vessels that were at
one time bareboat chartered to Horizon. It is good for SFL because there was a bunch of debt on the financing
of the vessels [more]

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Boards Post

Hohum777 replied to the Value Hounds board. 3:19 PM

Re: A preview of SFL

SFL owns containerships of various sizes. The last couple of years the company has been operating five of
these vessels on short-term charters or in the spot market. This event developed because the original
charterer of the five vessels,
[more]

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 11:36 AM

Re: HoHum's Shipping basket 2015

NM reported on 2/19
- Rev of $148.8M vs $130.5M (Q4 2013)
- Net Loss -$5M vs -$70M
- Full Year rev of $569M vs $512.3M
- Full Year net loss of -$56.2M vs -$109M
- 56 operating vessels + 8 newbuilds

[more]

Sat Feb 21

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Boards Post

Hohum777 posted to the Value Hounds board. 6:14 PM

NAT in 2015

Awrighty, the one sentence summary- Nordic American Tankers (NAT) is a low-debt tanker company that operates
all its 22 Suezmax vessels in the spot market. I know NAT is a name I revisited during the second half of 2014.
What I had [more]

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Boards Post

Hohum777 replied to the Macro Economic Trends and Risks board. 2:33 PM

Re: OT: Annoying Fool Popup

It might have been a ploy to get clicks as people try to close it or move it away from the page content.

If Google is charging the advertiser for all those annoyed clicks, then the advertiser is getting screwed.


Well, all my [more]

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CAPS Player Rating < 20
Player Rank 70774 out of 75060
Score -1889.07
Score Change Today -5.82
Accuracy 39.53%
Active Picks 15
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Boards Stats & Trivia

Big gold star, 5000 posts Old School Fool
Board Posts 11220
Recs Received 17782
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Threads Started 3488
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Very First Post Re: regular ira (2/20/2000)
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