Hohum777

Chris Mascarenhas

Hohum777’s Activity

Yesterday

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 2:18 AM

Re: HoHum's Shipping basket 2015

1/30
January is done - Shipping basket started with a bang, ended in a miserable tailspin. I just noticed that
all 14 transactions in my Trading ac, and the 2 purchases in a second ac all involved shipping companies.
I rode the coat-tails [more]

Fri Jan 30

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Boards Post

Hohum777 posted to the Frontline Ltd. board. 9:50 PM

Some tidbits

Looks like FRO have fixed a couple more VLCCs
- Front Vanguard: 1-yr TC @ $42.5K
- Front Circassia: 1-yr TC @ $42.5K

and FRNT has chartered an MR for six months. Hmm! Is this JF trying to build up the clean side of the [more]

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 9:22 PM

Re: Jan 2015

1/30
Pretty active day to end the month
- Small ED stake exited
- Trimmed NAT stake
- FRO dumped in Trading ac
- NM trimmed in Trading ac
- Exit from AVB
- FAX stake exited
- FRO trimmed in Roth ac

I will jump [more]

Thu Jan 29

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Boards Post

Hohum777 posted to the Frontline Ltd. board. 10:43 PM

DHT Q4 results

With 14 operating VLCCs plus 6 newbuilds, DHT is catching up to FRO in VLCC count. DHT reported results
after-hours on 1/28, and discussed them earlier today (1/29). DHT's VLCCs average $32.5K in Q4 2014, with
half the vessels trading spot. [more]

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Boards Post

Hohum777 replied to the Shipping News board. 3:47 PM

Re: DHT Q4 2014

But I would say great yet.

Ack! Really need an edit button

That should be But I wouldn't say great yet.

DHT mgmt had an earnings call earlier this morning. They had more color on Q4 2014 and some thoughts [more]

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Boards Post

Hohum777 posted to the Frontline Ltd. board. 9:40 AM

Next stage?

FRO has filed an amendment to its equity distribution agreement raising the amount from $100M to $150M.

http://www.frontline.bm/IR/press_releases/1890147.shtml

I [more]

Wed Jan 28

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 10:54 PM

Re: Jan 2015

1/28
Shipping take-down - Grrr! Added a little to NNA, but quite ugly for the shipping basket

Exited T -

This one was a hard one. The original intent was only the DRIP ac flotsam, or FAX, T & PHK. But AVB hit the
radar [more]

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Boards Post

Hohum777 posted to the Shipping News board. 10:16 PM

DHT Q4 2014

Announced earlier today (1/28)
- Net revenue of $47.3M
- Net income of $28.5M
- Hiked dividend to 5c/sh
- Cash $166.7M (a decent chunk will be needed for capex on their newbuild program)
[more]

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Hohum777 replied to the Macro Economic Trends and Risks board. 8:18 AM

Re: hotel idea

A couple of comments
1. As others have stated, some hotel companies already offer discounts on longer stays
2. Some chains have adjustments on a seasonal basis
3. Same price on a nightly basis? Not in Vegas. I am sure you can find more [more]

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Boards Post

Hohum777 posted to the Shipping News board. 7:47 AM

Tanker market update 1/2015

Teekay provide a monthly update on developments in the tanker market. Some thoughts
1. Low oil prices have increased demand
2. Lower orderbook for 2015 (on crude side)
3. More oil being stockpiled (on land). Shifted to storage on vessels [more]

Tue Jan 27

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 9:32 PM

Re: Jan 2015

1/27
$5+ Bid-Ask spread on EURN?? It might be worth the Ask price ($15.25) ... eventually, but I'm not paying that price
today. Placed a small bet @ $11.85 - filled about a minute later :)

The DRIP ac move is making me rethink a [more]

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 9:17 AM

Re: HoHum's Shipping basket 2015

He even lost ownership of his original set, eh?

Nah, George still has cajones. They just go through phases. The original pair got squeezed with a bankruptcy.
Then, over time, got re-inflated when dry bulk shipping got exciting. [more]

Mon Jan 26

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Boards Post

Hohum777 posted to the Shipping News board. 9:54 PM

NAP first distribution

Navios Midstream Partners (NAP) announced their first distribution - a prorated distribution based on their
44 days of operation- $0.1973/unit.
[more]

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 9:34 PM

Re: HoHum's Shipping basket 2015

Yes, I had read some indications that Economou was headed in the direction of launching a tanker company.
I figured it would involve the 10 mid-size vessels currently in DRYS. I guess there still exists a private
fleet side of George- one of [more]

Sun Jan 25

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Boards Post

Hohum777 posted to the Macro Economic Trends and Risks board. 12:00 AM

VLCCs: A data-point

After reading Yoda's great post on modeling, a found this shipping broker's weekly report interesting.

There are around 600-640 VLCCs in-the-water at the current time. I'm not sure the split between VLCCs that
operate in the spot market [more]

Sat Jan 24

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Boards Post

Hohum777 replied to the Macro Economic Trends and Risks board. 11:05 PM

Re: OT - Rear Ended by a 2015 VW

Glad to hear all vehicle occupants are okay.

As far as the car goes, I think you should turn off the cloaking device every now and then ;)

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Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 3:00 PM

Re: HoHum's Shipping basket 2015

1/23
- Euronav (EURN) finally listed in the US. I had been toying with the idea of trying the IB feature of
purchasing Euronav on a European exchange. Will have to be another day, another stock idea. IPO price was
$12.25/sh, cheaper on a [more]

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Boards Post

Hohum777 posted to the Value Hounds board. 10:44 AM

The Belgians are here

Several times over the last few years, Belgian tanker company, Euronav, has considered a US listing.
Yesterday (1/23), shares of Euronav NV (EURN) started trading on the NYSE. Euronav have a large fleet of
tanker vessels- 53 vessels, [more]

Fri Jan 23

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Boards Post

Hohum777 posted to the Frontline Ltd. board. 8:27 AM

Euronav IPO

Euronav IPO is back on. The Belgian tanker had considered a US listing several times in the past.
The most recent in Oct 2014 was pulled due to financial market conditions. Given the tanker market mood, pretty
decent timing for this [more]

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CAPS Player Rating < 20
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Score -1838.38
Score Change Today +7.08
Accuracy 39.53%
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Boards Stats & Trivia

Big gold star, 5000 posts Old School Fool
Board Posts 11139
Recs Received 17612
People who have rec'd these posts 1380
Recs to Posts Ratio (last 30 days) 6.70
Threads Started 3447
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Very First Post Re: regular ira (2/20/2000)
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