Just a quick post this time. I will try and do more substantial company, industry and world macro analysis later. This post is regarding NAT
I believe NAT has a good potential and the company is solid with a very experienced top management and incredible earnings and growth in dividends (and it was also just mentioned on Cramer on CNBC). It has been a very good run the last few weeks. My estimates still give it a room for improvement into the high 60s if you just do the simple E/P math, but I would start taking some profits once we cross into the 40s (another good shipping company is TBSI).
Buy NAT because
Net profit margins are very good
Dividend growth is extremely good, dividend history is great.
The industry is exeperiencing a small rally on NYSE, it might relate to the good agricultural output expected this year which will put general upward pressure on shipping rates (allthough this is a tanker company)
The management is very experienced
It is up 42% on the last two months, and it still as some points to go
well, that's it. I will try and create a system for posting charts, fundamentals, analysis and some Technical Analysis for companies. I should also try and post more in my politics blog.
Showing posts with label suezmax. Show all posts
Showing posts with label suezmax. Show all posts
Sunday, May 11, 2008
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