RickmersMaritime   

FSL vs Rickmers

Btw matthew, to be frank i quite surprise yr investment in shipping stock is alot. But u maybe the biggest gainer in the end of the day.

 

 

 

Hahahaha........ still thinking.

Actually if make a calculation, current shipping trust price fr both Rickmer & FSL ....... even if their Divi slight reduce. Vesting in them still worthwhile than vesting in Reit lah.

Cheer pal..

(my opinion)

 

Now rickmer will have to do some catching to meet FSL's pricing ... on why there is refinancing issue in rickmer is probably due to their expansion and organic growth in mind.. so their DPU should be better than FSL for Q3 i believe .. but they might retend some profit for refinancing purposes .. MaYbe the big rights .. thing again or Delisted by NOL ? haha just guessing the wild stuff.. I love Rickmer than FSL for sure.

 

If you buy don't scared, if you scared don't buy!

 

personally i feel nt a problem la..

sureesh40      ( Date: 24-Jun-2009 12:57) Posted: I bought 8 lots of Rickmers on Mon for $0.55 . Did I make a mistake, some analyst say price will drop to $0.40

 

I bought 8 lots of Rickmers on Mon for $0.55 .

Did I make a mistake, some analyst say price will drop to $0.40

 

FSL up liao.. rickmers will follow, but with a slower pace.

 

close of day... up 16%!!!

 

wow up 3.5cts as of now!

 

ya true... and FSL no refinancing till 2011... one more gd reason to load!

 

Trusts don't just look at thier DPU... most important is refinance...

 

pretty good performance so far for FSL today... up 0.02 already...

 

for FSL trust, it should slowly go up when their 2Q results get nearer as pple will want to buy b4 they announce their div... 2.45US cents guided... quite a decent yield...

 

do not worried too much. worst to worst , issue rights. if not sell asset. any way next yr stil long .the managment r very exprience, they have many bank to go to. if really that bad . than worry la.

fruitty      ( Date: 18-Jun-2009 00:13) Posted: Shipbuilding Jaya having credit extension problems with lenders, made me think of Celestial. I'm worried about Rickmers next year..

 

Shipbuilding Jaya having credit extension problems with lenders, made me think of Celestial.

I'm worried about Rickmers next year..

 

Thanks for all your advice. Rickmers got a long history in shipping, a good stock, good dividend yield like wise for fsl. Will load up more better than put in bank

 

if i m not wrong , rickmer stil got over 170million credit with bank not use yet . think shld not be aproblem, as rickmer has got more a hundred yrs of shipping history with them.  vested in both. fsl no credit problem for next 2 yr at least.

freeme      ( Date: 16-Jun-2009 21:43) Posted: keep both... both are good iceman76sg      ( Date: 16-Jun-2009 21:40) Posted: I also loaded some at 0.55. Need some advice, I also have some Rickmers shares, thinking of switchiing to fsl. I'm afraid they cun refinance their loan. But if they can, the price sure surge. how?

 

keep both... both are good

iceman76sg      ( Date: 16-Jun-2009 21:40) Posted: I also loaded some at 0.55. Need some advice, I also have some Rickmers shares, thinking of switchiing to fsl. I'm afraid they cun refinance their loan. But if they can, the price sure surge. how?

 

I also loaded some at 0.55. Need some advice, I also have some Rickmers shares, thinking of switchiing to fsl. I'm afraid they cun refinance their loan. But if they can, the price sure surge. how?

 

just loaded some at 0.57! very high yield at this price :) coming 2Q will have 2.45 US cents div as guided...