Back

Latest Forum Topics / FSL Trust    Last:0.043 --

Post Reply

FSL Trust - starting to see value in it Post Reply Rate topic
dantechai Member	27-Feb-2013 19:16        dantechai About Contact  Quote this Post! Style: Combined   Mood: Yells: "I wish someone could be my mentor in TA."
x 0   x 0  Alert Admin	Is the company's mangement doing anything to revive this stock?
Useful To Me  Not Useful To Me
chinton86 Veteran	17-Oct-2012 10:09        chinton86 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Quite likely it will be dead, v.dead.
Useful To Me  Not Useful To Me
Bopanha Master	17-Oct-2012 10:09        Bopanha About Contact  Quote this Post!
x 0   x 0  Alert Admin	FSL Trust looks like want to climb, want to climb.  Any good news?
Useful To Me  Not Useful To Me
Starsailor Member	04-Oct-2012 16:51        Starsailor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thats what i thought. Plus majority of the fleet will have gone through the compulsory 5 year dry docking which is normally a huge cost. Its already nearby the all time low. How worse can it get right? So i just started to park some.
Useful To Me  Not Useful To Me
Bopanha Master	04-Oct-2012 09:35        Bopanha About Contact  Quote this Post!
x 0   x 0  Alert Admin	With oil price falling down for some time and then recently steeply, FSL is worth to look at.  Lower fuel prices play very important factor for better profitability.  Moreover it has very low valuation compared to NAV ps.
Useful To Me  Not Useful To Me
rutheone1905 Veteran	03-Oct-2012 16:25        rutheone1905 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	wow FSL??!! few yrs back i remembered owning this one for its good dividend but dumped it once it kept diluting. good old memories.  Starsailor      ( Date: 03-Oct-2012 16:15) Posted: Anyone jumping in to this so called sinking ship?
Useful To Me  Not Useful To Me
Starsailor Member	03-Oct-2012 16:15        Starsailor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone jumping in to this so called sinking ship?
Useful To Me  Not Useful To Me
sgnewbie Master	14-Jun-2012 09:38        sgnewbie About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://sgxreports.blogspot.sg/2012/06/first-ship-lease-trust.html
Useful To Me  Not Useful To Me
Hunter2011 Member	11-Apr-2012 07:01        Hunter2011 About Contact  Quote this Post!
x 0   x 0  Alert Admin	TORM has been in discussions with its tonnage providers, including FSL Trust, to realign its charter-in agreements. These discussions resulted in a proposed long-term comprehensive financing solution with all its tonnage providers to address its current financial difficulties. For FSL Trust, bareboat charter rates for the Vessels are to be realigned to variable rates that TORM achieves in the market. The early buyout, purchase and lease extension options in the  original bareboat agreements are to be cancelled and FSL Trust will be allocated equity in  TORM in exchange for the rate concessions. FSL Trust also has the option to terminate the  charters in the event that actual rates achieved by TORM for the Vessels underperform the  market benchmark by a pre-agreed margin, tested semi-annually. The above proposed terms  require approval from FSL Trust’s lenders. While some lenders have already given their  consent, formal approval is still pending.    Given the variable nature of the renegotiated rates and the allocated equity stake in TORM, FSL  Trust is positioned to participate in the benefits of the eventual market recovery.   souece:  FSL TRUST RENEGOTIATES CHARTER TERMS FOR TORM PRODUCT TANKERS
Useful To Me  Not Useful To Me
Hunter2011 Member	29-Mar-2012 13:26        Hunter2011 About Contact  Quote this Post!
x 0   x 0  Alert Admin	‘FSL Singapore’ is a 47,470 dwt product tanker which is currently deployed in the spot market. The product tanker  will be chartered to Petrobras  based  on a gross daily charter rate of US$14,000 per day for a period of three years, subject to clearance of the physical inspection of the vessel at its next discharge port. Under the time charter, Petrobras will be liable for voyage costs (fuel and port charges) whilst FSL Trust will be responsible for all operational costs of the vessel. FSL TRUST SECURES A THREE-YEAR TIME CHARTER CONTRACT
Useful To Me  Not Useful To Me
sureesh40 Senior	14-Mar-2012 09:31        sureesh40 About Contact  Quote this Post!
x 0   x 0  Alert Admin	why? Henry$$$      ( Date: 14-Mar-2012 08:35) Posted: Time to re-look at this counter.
Useful To Me  Not Useful To Me
Henry$$$ Senior	14-Mar-2012 08:35        Henry$$$ About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Time to re-look at this counter.
Useful To Me  Not Useful To Me
Hunter2011 Member	11-Feb-2012 12:35        Hunter2011 About Contact  Quote this Post!
x 0   x 0  Alert Admin	First Ship demands Berlian Laju to return ships
Useful To Me  Not Useful To Me
sureesh40 Senior	08-Feb-2012 12:26        sureesh40 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I hope management will settle this as soon as possible.
Useful To Me  Not Useful To Me
Hunter2011 Member	08-Feb-2012 09:04        Hunter2011 About Contact  Quote this Post!
x 0   x 0  Alert Admin	PT Berlian Laju have defaulted on their lease payments First Ship Lease Trust on Tuesday said that it has issued written notice to the three lessees of three chemical tankers who have defaulted on their lease payments under their respective lease agreements in February. First Ship has demanded payment to be made no later than March 8. The vessels, Pertiwi, Prita Dewi and Pujawati, were leased to wholly-owned subsidiaries of PT Berlian Laju Tanker Tbk (BLT). Each lessee is obliged to pay the relevant charter hire due under the relevant lease agreement on the first day of each calendar month, and the obligations of the lessees under the lease agreements are guaranteed by BLT. The lessees' contribution to FSL Trust's total revenue for FY2011 was 12.8 per cent and the default would have a material impact on the net tangible assets (NTA) per unit of FSL Trust.  Based on the financial statements announced for the year ended December 31, 2011, the NTA per unit is expected to decrease by US$0.03 from US$0.53 to US$0.50. However, the default will not cause First Ship to be unable to continue to servie the debt obligations under its loan agreement.
Useful To Me  Not Useful To Me
elmo99 Member	07-Feb-2012 22:40        elmo99 About Contact  Quote this Post!
x 0   x 0  Alert Admin	shd be 0.001 sarahlkh      ( Date: 07-Feb-2012 21:53) Posted: dividend is $0.01 so quite good even though the recent plunge is quite unfound?
Useful To Me  Not Useful To Me
sarahlkh Senior	07-Feb-2012 21:53        sarahlkh About Contact  Quote this Post!
x 0   x 0  Alert Admin	dividend is $0.01 so quite good even though the recent plunge is quite unfound?
Useful To Me  Not Useful To Me
samsonite Member	30-Jan-2012 16:07        samsonite About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow, someone is indeed shorting this counter. Even when 0.199 has 13 lots, he deliberately sell down 18 lots at 0.198 rather than queue it to sell at 0.199!
Useful To Me  Not Useful To Me
samsonite Member	30-Jan-2012 11:30        samsonite About Contact  Quote this Post!
x 0   x 0  Alert Admin	look like the katek trying hard to shake weak holders down the tree. Short at 0.21  to bring down the price then cover at 0.2 and 0.199 and deliberately building a artificial sell wall at 0.205 and 0.21.
Useful To Me  Not Useful To Me
teeth53 Supreme	30-Jan-2012 11:02        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	FSL going below 0.20cts...Kena shot at. FSL Trust     XD 0.210 0.199 -0.011c -5.2% Hunter2011      ( Date: 27-Jan-2012 10:53) Posted: Another FSL counterparty risks ? (source:  Indonesia’s tanker firm Berlian Laju to stop debt payments)
Useful To Me  Not Useful To Me

                                                         First   < Newer   41-60 of 389   Older>   Last