Hohum777

Chris Mascarenhas

Hohum777’s Activity

Today

NL

Boards Post

Hohum777 replied to the Value Hounds board. 4 hours ago

Re: Seadrill CEO interview

Well, the HUGE thing seems to be the debt. And as I think about it that's somewhat like FRO.

Except, most of FRO's debt is now owed to another Fredriksen backed entity, SFL. OTOH, FRNT debt is external
debt. And the FRNT vessels [more]

NL

Boards Post

Hohum777 replied to the Value Hounds board. 2:43 AM

Re: Seadrill CEO interview

A couple of other points. One analyst thinks that Seadrill might not have to scrap any rigs. I think
that's a premature statement to be making at this time. West Alpha rolls off charter in mid-2016.
That mid-water floater will be 30 [more]

Yesterday

NL

Boards Post

Hohum777 posted to the Value Hounds board. 9:48 AM

Seadrill CEO interview

Some thoughts from an interview with Seadrill CEO Per Wulff
- Seadrill Ltd. said last month that the rig company 24 percent owned by Fredriksen is ready to acquire rivals
or assets “when the time is right” and to emerge from the downturn
[more]

Wed Mar 25

NL

Boards Post

Hohum777 replied to the Value Hounds board. 10:57 PM

Re: A cigar butt, maybe?

Okay, I nibbled on PGN today (3/25).

I figure, $900M - $950M in annual backlog keeps the rigs going, plus maybe $50M for other items. With
around $1100M in backlog for 2015, PGN is in reasonable shape for 2015. On the other hand, 2016 [more]

NL

Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 12:22 AM

Re: Mar 2015

3/24
- This is part of a short term strategy - another SFL nibble. Plan on unloading some of the higher cost
shares on a reasonable bounce heading into Q1 earnings. This requires a few of the VLCC owners to report decent
numbers for Q1 [more]

Tue Mar 24

NL

Boards Post

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

Re: Totally OT: Need your good wishes

Wendy,
Prayers and thoughts for you. Wishing you all the best.

HoHum

Mon Mar 23

NL

Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 10:40 PM

Re: Mar 19, 2015

Weren't his purchase in Q4 of last year? If so he would have had to pay prices well north of where it
is trading today.


You might be right. My interpretation from the article I read indicated he started building the stake up [more]

NL

Boards Post

Hohum777 replied to the Value Hounds board. 9:31 PM

Re: A cigar butt, maybe?

As it turns out I've been working on this one. Part of my research was to search HoHum's posts.

And you should find at least a couple of posts
1. One when NE was planning the spinoff of PGN
2. One when Paragon acquired [more]

Sun Mar 22

NL

Boards Post

Hohum777 posted to the Business Development Company board. 12:51 AM

Goldman BDC

The IPO of Goldman Sachs BDC entity (GSBD) occurred this week. Offering of 6M shares @ $20 - $21/sh is expected to
raise around $123M. The entity was started by GS about two years ago and generated revenue of $73.3M last year.

[more]

Sat Mar 21

NL

Boards Post

Hohum777 posted to the Macro Economic Trends and Risks board. 5:52 PM

OT: Now, that's a minivan

Was a kid late for soccer practice one too many times? Maybe, until the parents decided to fix the problem.

Enjoy!

[more]

Fri Mar 20

NL

Boards Post

Hohum777 replied to the Value Hounds board. 9:53 PM

Re: Bond market ailing

Why sell INTC, if you don't mind my asking?

Was a little on the fence on whether to just trim the stake, or exit completely. So I sold about half my
INTC stake. Then, company management revised INTC's outlook downward. I exited.

NL

Boards Post

Hohum777 replied to the Value Hounds board. 9:36 PM

Re: Hansson pens a letter (2015)

Thanks for sharing. Do you own?

Yes, I do. Though a little less than what I owned a month ago. I had considered reviewing NAT again.
But I opted not to do so, as I had provided an update on the idea in mid-Dec 2014--
[more]

Thu Mar 19

NL

Boards Post

Hohum777 posted to the Value Hounds board. 10:27 PM

Hansson pens a letter (2015)

Nordic American Tanker (NAT) CEO Herbjorn Hansson is no Warren Buffett. But he does take an active role as
being a company spokesperson. His letters are much shorter than Buffett's with just a couple of big
points. The latest letter's points [more]

NL

Boards Post

Hohum777 replied to the Value Hounds board. 9:43 PM

Re: Bond market ailing

Food for thought. Both AT&T and Royal Dutch Shell get top marks for
Safety and Financial Strength and pay dividends that yield over 5%.

kelbon


Interesting screen. FWIW, I owned two (INTC, T) of the eight stocks that [more]

NL

Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 3:20 PM

Re: Mar 19, 2015

And as they are coming down the backstretch GTE opens up a $.08 lead over BXE which makes B look like a
investing gen...oh wait, I seem to recall someone saying he lightened up... oh never mind.


Yes, I trimmed the position 40%, [more]

Wed Mar 18

NL

Boards Post

Hohum777 replied to the Hohum's RollerCoaster Ride board. 10:02 PM

Re: Mar 2015

3/17
- Added FRO nibble to Trading ac
- exit TOO in Trading ac
FRO 2014 20F was released- started skimming thru details. JF did not participate in any of the ATM offerings


3/18
- Trimmed NM on bounce
- Nibbled on TK [more]

NL

Boards Post

Hohum777 posted to the Shipping News board. 1:56 AM

DHT locks in TCs

DHT has opted to fix 4 vessels- a VLCC, a Suezmax and both Aframax vessels, into time charters ranging
in lengths of 10 - 12 months, and rates between $24K - $45K daily.

[more]

Tue Mar 17

NL

Boards Post

Hohum777 replied to the Macro Economic Trends and Risks board. 10:46 PM

Re: Park in Airport Lot, Let Them Rent Out Your

Or, the company rents out your car. The renter gets a speeding ticket via one of those speed cameras. Who
gets the ticket? More than likely the car owner not the renter.

Mon Mar 16

NL

Boards Post

Hohum777 posted to the Shipping News board. 10:42 PM

OSGB Q4 2014 results

3/16
Overseas Shipping Group (OSGB) announced their Q4 2014 results today. Some high level notes
- Rev of $198.9M vs $193.8M
- Net income of $22.1M vs $24.9M (both excluding special items)
- US Flag segment posted improvement of [more]

Sun Mar 15

NL

Boards Post

Hohum777 replied to the Value Hounds board. 7:55 PM

Re: Merger Knightsbridg & Golden Ocean Group

Already got suspended in Q4-2014.

Thanks for the correction. That removes the dividend uncertainty.

Might be a little early, but I bought my replacement VLCCF shares on 3/12.

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Score Change Today -3.21
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Big gold star, 5000 posts Old School Fool
Board Posts 11287
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Very First Post Re: regular ira (2/20/2000)
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