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(MM)

(MM) (VLCCF)

5.015
0.00
(0.00%)
At close: March 28 04:00PM
5.015
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( 0.00% )

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Key stats and details

Current Price
5.015
Bid
0.00
Ask
0.00
Volume
-
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Previous Close
5.015
Open
-
Last Trade
Last Trade Time
-
Average Volume (3m)
-
Financial Volume
-
VWAP
-

VLCCF Latest News

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PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
40000000CS
120000000CS
260000000CS
520000000CS
1560000000CS
2600000000CS

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VLCCF Discussion

View Posts
BP_SCULPIN BP_SCULPIN 9 years ago
BREAKOUT??? Been waiting for this to pass the 50 MA and we now have done that....now we just need to hold above by closing today IMO!
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BP_SCULPIN BP_SCULPIN 9 years ago
GREAT CLOSE!!!
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BP_SCULPIN BP_SCULPIN 9 years ago
$4.54 is our 50 day MA......if we can close above this today we are in a great position to move much higher.....BOOOOOMAGE!!!
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BP_SCULPIN BP_SCULPIN 9 years ago
Lets break that 50 day MA -------> we fly then!
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BP_SCULPIN BP_SCULPIN 9 years ago
Hey there thzx! VLCCF looking great today, approaching 50MA - If we can close above I think we going to skyrocket to next level of resistance.....Excited for the week ahead!

Surfed Lower Trestles the other day super good! I'd love to surf Florida - one day I will!!!
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clydesur clydesur 9 years ago
VLCCF up 6% today...

I was watching the web cam Salt Creek & Strands, beautiful area...

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BP_SCULPIN BP_SCULPIN 9 years ago
Sweet, that's awesome! I surf Salt Creek & Strands here in Orange County, CA. Great winter here!

Lets make a little money!
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clydesur clydesur 9 years ago
VLCCF got a bounce at support.

Surf at indialantic Florida. Son sells waterfront and keeps my surfboard at his place.

http://www.luxuryrealestate.com/profiles/26470-the-dewayne-clyde-carpenter-kirk-kessel-homeselling-team
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BP_SCULPIN BP_SCULPIN 9 years ago
I hope so that would be sweet! After looking at the chart and seeing a triple bottom, I'm sold........We just need to break that 50 day MA and we will be GOLDEN!

Like the surf picture, you surf? where?
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clydesur clydesur 9 years ago
VLCCF - Long Term Charter Contracts

HAMILTON, Bermuda, Jan 07, 2015 (GLOBE NEWSWIRE via COMTEX) -- Knightsbridge Shipping Limited ("KSL" or the "Company") (Nasdaq: VLCCF) is pleased to announce that it has entered into an agreement with RWE Supply & Trading GmbH, a wholly owned subsidiary of RWE AG (a major European energy company), for chartering out a total of 15 Capesize vessels on long term contracts.

The basis of the transaction is to employ the vessels on index linked contracts. The earning of each vessel is decided through a pre-agreed premium on top of the prevailing spot market (Baltic Cape Index 4 T/C), reflecting the better performance of the new generation Capesize vessels.

The vessels will be delivered over the coming five quarters starting first quarter 2015. The transaction is done on a "to be nominated" ("tbn") basis where the Company will deliver vessels on a fairly evenly spread basis through until the first quarter of 2016. The duration of each charter contract is approximately five years.

KSL has an option to convert the floating rate into a fixed rate at any time and for any duration at a price to be agreed reflecting the market at the time.
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clydesur clydesur 9 years ago
VLCCF I'm holding for the same line... Watching carefully. It would be interesting to know when their next earnings report will be out. I hear that all there tankers are booked out, full and making money.
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BP_SCULPIN BP_SCULPIN 9 years ago
DOUBLE Bottom buy here - Looking to make 50%
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gpf95 gpf95 9 years ago
dividend of $.20 ps
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Uranium Uranium 9 years ago
BDI increasing at a rapid pace. Golden Cross and approaching a 7 month high

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WallStBull WallStBull 9 years ago
With the merger, name change and 90% loss of value in a months time..anyone have any thoughts on this company??
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Wildbilly Wildbilly 10 years ago
Knightsbridge Tankers Limited: 34% Upside, Minimal Downside

Tankers, Limited (VLCCF), Includes: SEA
Disclosure: The author has no positions in any stocks mentioned, but may initiate a long position in VLCCF over the next 72 hours. (More...)
Summary

With a risk to reward ratio of 1:9.5, now may be a good time to trade Knightsbridge Tankers Limited (VLCCF).
Knightsbridge Tankers Limited looks to be offering a 34% upside with very minimal downside risk (3.57%).
Analyst target of $15.80 for Knightsbridge Tankers Limited, which is currently trading just above $11.00.
Knightsbridge Tankers Limited (NASDAQ:VLCCF) is at a very opportunistic crossroad at present. After a recent tumble from its $16.00 high in early June, the stock appears to be settling near multiple significant support levels:

Horizontal price support at the $11.00 level:

The stock has previously used the $11.00 price level as a point of both significant support and resistance. As shown on both daily and weekly charts below, most recently, the stock broke out above this prior resistance level in early March and has since used this level as strong support (in mid to late April). It is worth noting also, on its weekly chart that the stock used the $11.00 level as support in late 2012 and eventually fell below this level in April, 2013; only to break back above the level in March, 2014, as mentioned above.

200-day simple moving average support at $11.09:

The stock broke below its 50-day SMA (simple moving average) last October, only to then test its 200-day SMA about a month later. As seen in the daily chart below, the stock used its 200-day SMA as support, pivoting from the level in December and beginning a new uptrend. A similar pattern can be seen currently, with the stock trading just above its 200-day SMA.

R1 support (yearly) at $10.92:

As most technical traders know, pivot point support and resistance levels can be very useful when attempting to predict a change in a stock's direction. Without going into a full explanation of pivot point levels and their uses, it should be noted that, on its weekly chart, Knightsbridge Tankers Limited is trading just above its yearly R1 resistance/support level. As you can see, the stock tends to use its pivot point support and resistance levels as areas of strong support or resistance. As such, and as mentioned, it is worth noting this third level of support along with the other two mentioned above.

more: http://seekingalpha.com/article/2376175-knightsbridge-tankers-limited-34-percent-upside-minimal-downside
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Wildbilly Wildbilly 10 years ago
VLCCF: China's steel production hitting record highs



Guggenheim Shipping ETF (NYSEARCA:SEA)



VLCCF

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Penny Roger$ Penny Roger$ 11 years ago
$VLCCF ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!

$VLCCF has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~







For a more in Depth study and DD profile, similar to the one contained in this link: ~ http://tinyurl.com/DDexample ~
Click the following link and type ticker or brief message asking me about the DD: ~ http://tinyurl.com/GET-THE-DD ~

What does the scan "Parabolic SAR Buy Signals" mean? Below is an image example and study link.
~ http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:parabolic_sar ~


To find other similar posts of "VLCCF" utilize the links that follow.
Search MACDgyver's "Parabolic SAR Buy Signals" posts: ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=ParSarBuyScan ~
Search MACDgyver's posts for symbol "VLCCF": ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=VLCCF ~
Search Ihub for "VLCCF" posts: ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=VLCCF ~


For more in depth training and information visit Chartschool on the Stockcharts page.
~ http://stockcharts.com/school/doku.php?id=chart_school ~


Also don't forget the Ihub Edu Channel.
~ http://investorshub.advfn.com/boards/education.aspx ~


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maddawg2020 maddawg2020 11 years ago
A Small Shipping Company Paying Decent Dividends

http://seekingalpha.com/article/1653362-knightsbridge-tankers-a-small-shipping-company-paying-decent-dividends?source=email_rt_article_readmore&app=1
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Uranium Uranium 11 years ago
Knightsbridge VLCCF has a lot of upside room



Especially when you look at the weekly



And a 9% divy
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Uranium Uranium 11 years ago
Press release from Knightsbridge Tankers Ltd. 20.03.2013

Knightsbridge Tankers Limited ("Knightsbridge" or the "Company") is pleased to announce that it has concluded two newbuilding contracts for 182,000 dwt Capesize bulk carriers with Japan Marine United Corporation ("JMU") in Japan.

The design provided by JMU represents the next generation Capesize bulk carriers with the latest technology available in order to secure fuel efficiency. The vessels are expected to be delivered during 2015. The Board is of the opinion that it has obtained favorable terms, attractive pricing and considers risk / reward as attractive from a historical perspective. The Board also believes that after a period of oversupply but still with solid demand growth, utilization of the dry bulk fleet is expected to improve at the time of delivery of the newbuildings.

Furthermore the Company announces that the VLCC Mayfair has been sold to an unrelated third party with expected delivery in the second quarter of 2013. The Company expects to record a loss of approximately $5.3 million. The net cash proceeds from the sale is approximately $4 million after repayment of debt.

The acquisition of the Capesize newbuilding contracts and the sale of the Mayfair is part of Knightsbridge's strategy to renew and grow the fleet. After the above transactions the Company's fleet consists of four Capesize bulk carriers and two Capesize bulk carrier newbuilding contracts.

The Board of Directors
Knightsbridge Tankers Limited
Hamilton, Bermuda
March 19, 2013

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Uranium Uranium 11 years ago
Baltic Dry Index steadily improving. Knightsbridge VLCCF is making moves to further diversify into dry bulk shipping over the next 2 years

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Uranium Uranium 11 years ago
THE TANKER MARKET
The market rate for a VLCC trading on a standard โ€˜TD3โ€™ voyage between the Arabian Gulf and Japan in the fourth quarter of 2012 was WS 42.8, representing an increase of approximately WS 7 points from the third quarter of 2012 and a decrease of approximately WS 15 points from the fourth quarter of 2011. Present market indications are approximately $8,000 per day in the first quarter of 2013.
Bunkers at Fujairah averaged $615/mt in the fourth quarter of 2012 compared to $650/mt in the third quarter of 2012. Bunker prices varied between a low of $593/mt on November 5th and a high of $655/mt on October 1st.
The International Energy Agency's ("IEA") January 2013 report stated an OPEC oil production, including Iraq, of 30.9 million barrels per day (mb/d) in the fourth quarter. This was a decrease of 0.45 mb/d compared to the third quarter of 2012, due to lower Saudi Arabian production in November and December.
The IEA estimates that world oil demand averaged 91.2 mb/d in the fourth quarter of 2012, which is an increase of 1.2mb/d compared to previous quarter and the IEA estimates that world oil demand averaged approximately 89.8 mb/d in 2012, representing an increase of 1.0 percent or 0.9 mb/d from 2011. 2013 demand is expected to be 90.5 mb/d.
The VLCC fleet totalled 622 vessels at the end of the fourth quarter of 2012, up from 617 vessels at the end of the previous quarter. 11 VLCCs were delivered during the quarter, six were removed. The order book counted 81 vessels at the end of the fourth quarter, down from 91 orders from the previous quarter. The current order book represents approximately 13 percent of the VLCC fleet. According to Fearnleys, the single hull fleet is 17 vessels, five less than last quarter.
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Uranium Uranium 11 years ago
Knightsbridge Tankers Limited 4Q and year 2012

HIGHLIGHTS
? Knightsbridge reports a net loss of $0.3 million and a loss per share of $0.01 for the fourth quarter of 2012. Excluding the results from discontinued operations, the Company reports net income of $1.3 million and earnings per share of $0.05 for the fourth quarter.
? Knightsbridge reports EBITDA from continuing operations of $5.1 million and EBITDA from continuing operations per share of $0.21 for the fourth quarter of 2012.
? Knightsbridge announces a cash distribution of $0.175 per share for the fourth quarter of 2012.
? Knightsbridge reports a net loss of $53.4 million and a loss per share of $2.19 for the year ended December 31, 2012. Excluding the results from discontinued operations, the Company reports net income of $5.9 million and earnings per share of $0.24 for 2012.
? Knightsbridge reports total cash at December 31, 2012 of $94.3 million.
? The VLCC Kensington was sold and delivered in December 2012.
? The Capesize vessel, Golden Future, was redelivered from its time charter in January 2013.
PRELIMINARY FOURTH QUARTER AND FULL YEAR 2012 RESULTS
The Company reports net income from continuing operations (i.e. the Capesize vessels) of $1.3 million and earnings per share from continuing operations of $0.05 for the fourth quarter compared with net income from continuing operations of $1.7 million and earnings per share from continuing operations of $0.07 for the preceding quarter. The average daily time charter equivalent ("TCE") earned by the Company's Capesize vessels in the fourth quarter was $22,700 compared with $22,800 in the preceding quarter. In February 2013, the Company has an average cash breakeven rate for its Capesize vessels of $8,600 per vessel per day.
Following the sale of three VLCCs and the balance sheet classification of the fourth as โ€˜held for saleโ€™, the results of the four VLCCs have been recorded as discontinued operations in accordance with U.S. generally accepted accounting principles. The Company reports a net loss from discontinued operations of $1.6 million and a loss per share from discontinued operations of $0.06 for the fourth quarter compared with a net loss from discontinued operations of $58.7 million and a loss per share from discontinued operations of $2.40 for the preceding quarter. The decrease in the loss from discontinued operations is primarily attributable to the impairment loss of $41.6 million and the loss on sale of a vessel of $12.7 million that were recorded in the third quarter. The average daily time charter equivalents earned by the Company's VLCCs, excluding bareboat charters in the fourth quarter was $9,200 compared with $1,100 in the preceding quarter.
Cash and cash equivalents increased by $11.7 million in the quarter. The Company generated cash from operating activities of $1.9 million, received $40.3 million from the sale of vessels, used $26.2 million to repay loan facilities and paid $4.3 million in distributions to shareholders.
The Company reports net income from continuing operations of $5.9 million and earnings per share from continuing operations of $0.24 for the year ended December 31, 2012 compared with net income from continuing operations of $27.1 million and earnings per share from continuing operations of $1.11 for the year ended December 31, 2011. The decrease in net income from continuing operations is primarily attributable to a decrease in Capesize vessel earnings caused by charter cancellations during the year.
The Company reports a net loss from discontinued operations of $59.3 million and a loss per share from discontinued operations of $2.43 for the year ended December 31, 2012 compared with net income from discontinued operations of $5.6 million and earnings per share from discontinued operations of $0.23 for the year ended December 31, 2011. The decrease in earnings from discontinued operations is primarily attributable to the impairment loss of $41.6 million, the full year loss on sale of vessels of $13.1 million and reduced earnings from the VLCCs, which were due in part to loss provisions for unpaid charter hire. The average daily TCEs for the Companyโ€™s VLCCs, excluding bareboat charters for the year ended December 31, 2012, was $13,700 compared with $28,500 in the previous year.
THE TANKER MARKET
The market rate for a VLCC trading on a standard โ€˜TD3โ€™ voyage between the Arabian Gulf and Japan in the fourth quarter of 2012 was WS 42.8, representing an increase of approximately WS 7 points from the third quarter of 2012 and a decrease of approximately WS 15 points from the fourth quarter of 2011. Present market indications are approximately $8,000 per day in the first quarter of 2013.
Bunkers at Fujairah averaged $615/mt in the fourth quarter of 2012 compared to $650/mt in the third quarter of 2012. Bunker prices varied between a low of $593/mt on November 5th and a high of $655/mt on October 1st.
The International Energy Agency's ("IEA") January 2013 report stated an OPEC oil production, including Iraq, of 30.9 million barrels per day (mb/d) in the fourth quarter. This was a decrease of 0.45 mb/d compared to the third quarter of 2012, due to lower Saudi Arabian production in November and December.
The IEA estimates that world oil demand averaged 91.2 mb/d in the fourth quarter of 2012, which is an increase of 1.2mb/d compared to previous quarter and the IEA estimates that world oil demand averaged approximately 89.8 mb/d in 2012, representing an increase of 1.0 percent or 0.9 mb/d from 2011. 2013 demand is expected to be 90.5 mb/d.
The VLCC fleet totalled 622 vessels at the end of the fourth quarter of 2012, up from 617 vessels at the end of the previous quarter. 11 VLCCs were delivered during the quarter, six were removed. The order book counted 81 vessels at the end of the fourth quarter, down from 91 orders from the previous quarter. The current order book represents approximately 13 percent of the VLCC fleet. According to Fearnleys, the single hull fleet is 17 vessels, five less than last quarter.
THE DRY BULK MARKET
The global economy was under pressure during 2012 and the International Monetary Fund again lowered its forecast. In particular the Eurozone is struggling with high unemployment and negative growth in some of the worst hit countries. The United States has shown certain signs of recovery and also China released encouraging economic data at the end of 2012.
Dry bulk transportation increased by around seven percent in 2012, however, due to the high number of new vessels entering the market, fleet utilization decreased. Given a net fleet growth of approximately 11 percent, the estimated utilization of the dry bulk fleet was on average 83 percent in 2012. Consequently spot earnings were low. The capesize and panamax segments both earned on average approximately $7,650 per day according to The Baltic Exchange. The weak spot market and long term time charter market resulted in lower asset values throughout the year. By the end of the year a five year old capesize was valued at approximately $30 million while a similar aged panamax was worth approximately $20 million.
Around 220 capesizes and 375 panamaxes were delivered in 2012, still this was 30 percent lower than the official order book at the beginning of the year. At the same time approximately 90 capesizes and 135 panamaxes were sold for scrap. For the dry bulk fleet as a whole 35 million dwt were scrapped against 95 million dwt of deliveries.
Deliveries of new vessels will decrease sharply over the next 24 months. With the same delivery ratio we have experienced over the last three years approximately 60 million dwt should be delivered this year, while the order book for 2014 is 25 million dwt for the entire dry bulk sector. The low spot market presently experienced and relatively high scrap prices should encourage more scrapping. Most forecasters are expecting scrapping to remain at similar levels as last year and consequently net fleet growth could be as low as five percent during 2013.
The steel industry and energy coal for utilities are accounting for almost 70 percent of dry bulk transportation. For several years the importance of increased steel production and energy consumption in China and the increased dependence of this country for the dry bulk market have been well known. Also in 2012 iron ore and coal imports showed a remarkable growth. Iron ore increased by around eight percent while coal imports increased by almost 30 percent year on year. This was in spite of a much slower growth in steel and energy consumption (2 percent and 3.4 percent respectively)
There are a few factors which make most analysts fairly optimistic for dry bulk demand growth going forward. Quality of Chinese domestic iron ore production is on a steady declining trend. Since 2007 China has invested roughly $85 billion in iron ore mining. Over the same period investments per effective ton iron ore produced has increased from $15 per ton in 2007 to $60 per ton in 2012. Adjusting for falling Fe content, effective iron ore production in 2012 is broadly at the same level as in 2007. Even in a modest steel growth scenario for China most forecasters believe in a continued strong growth in iron ore imports.
THE FLEET
The Companyโ€™s fleet consists of four Capesize vessels and one VLCC. The Golden Future was redelivered from its time charter on January 4, 2013. The vessel then commenced a time charter for a minimum period of 11 months and a maximum period of 13 months at a market index based daily rate. The Battersea is employed on a short term time charter and expected to be redelivered in the second quarter of 2013. The Belgravia is employed on a long term time charter with expiry in the third quarter of 2014. The Golden Zhejiang is employed in the spot market.
The VLCC Mayfair is currently being marketed for sale and is classified as โ€˜vessel held for saleโ€™ in the December 31, 2012 balance sheet.
CORPORATE
On January 24, 2013, the Board granted a total of 94,476 restricted stock units (RSUs) pursuant to the 2010 Equity Plan to members of the Board and the two management companies. These RSUs will vest over three years at a rate of one third of the number of RSUs granted on each anniversary of the date of grant.
24,437,000 ordinary shares were outstanding as of December 31, 2012, and the weighted average number of shares outstanding for the quarter was 24,437,000.
The Board has decided to declare a cash distribution of $0.175 per share. The record date is February 20, 2013, the ex cash distribution date is February 15, 2013 and the cash distribution will be paid on or around March 6, 2013.
OUTLOOK
Knightsbridge is currently well positioned in the market place with a modern bulk fleet and financial flexibility.
Asset prices within certain shipping segments are currently at historically low levels and the Company continues to look into acquisition opportunities in the drybulk segment where the risk / reward ratios look attractive. The recent sale of VLCCs is a part of the Companyโ€™s intention to renew and grow the fleet.
FORWARD LOOKING STATEMENTS
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
Knightsbridge desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "believe," "except," "anticipate," "intends," "estimate," "forecast," "project," "plan," "potential," "will," "may," "should," "expect" โ€pendingโ€ and similar expressions identify forward-looking statements.
The forward-looking statements in this document are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.
In addition to these important factors, important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charterhire rates and vessel values, changes in demand in the tanker market, as a result of changes in OPEC's petroleum production levels and world wide oil consumption and storage, changes in Knightsbridgeโ€™s operating expenses, including bunker prices, drydocking and insurance costs, the market for Knightsbridgeโ€™s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, and other important factors described from time to time in the reports filed by Knightsbridge with the Securities and Exchange Commission.
The Board of Directors
Knightsbridge Tankers Limited
Hamilton, Bermuda
February 5, 2013
Questions should be directed to:
Contact: Ola Lorentzon: Chairman, Knightsbridge Tankers Limited
+ 46 703 998886
Inger M. Klemp: Chief Financial Officer, Knightsbridge Tankers Limited
+47 23 11 40 76
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Uranium Uranium 11 years ago
Nice run Knightsbridge VLCCF is having.

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optimus203 optimus203 11 years ago
Yeah, really tight right now. Hoping for a turnaround in 2013.
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Uranium Uranium 11 years ago
Well, I guess the answer is that they are not going to pay a special divy unless they announce and pay next week. Kind of tight now
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optimus203 optimus203 11 years ago
I'd rather have them buyback shares or something of that nature. There seems to consistently be large selloffs after dividend distribution.
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Uranium Uranium 11 years ago
I wonder if Knightsbridge VLCCF will announce a special dividend?
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Uranium Uranium 11 years ago
VLCCF Knightsbridge Tankers on the move

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investgood investgood 12 years ago
Are they still giving dividends? Thanks!
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optimus203 optimus203 12 years ago
Rough day today.
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Squeezer Squeezer 12 years ago
Looks like we bottomed and are on a slow climb back up. We've done this for years now.
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DrStrangelove DrStrangelove 12 years ago
This is a crash. Liquidation ahead or what?
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Uranium Uranium 12 years ago
This VLCCF article is worth a read. While the author doesn't paint a perfectly rosy picture, I think the data looks good in the context of the market that Knightsbridge operates in

http://www.fool.com/investing/general/2012/05/31/knightsbridge-tankers-limited-turns-more-into-less.aspx
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Uranium Uranium 12 years ago
VLCCF Ex-Dividend date was 5/21. You have to own prior to the ex-div date.
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iamjah iamjah 12 years ago
I bought in on 5/21 shouldnt i get a dividend?
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Uranium Uranium 12 years ago
Yes my VLCCF dividend payed yesterday
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iamjah iamjah 12 years ago
Did your dividends get paid out!
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Uranium Uranium 12 years ago
VLCCF Knightbridge Tanker. Yes! Check these fundamentals
PE 6.8
EPS $1.27
Yield 15.50%!!!
Target Price $11.75
Current Ratio a whopping 8.41
BV $14.53

Current price $8.69

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optimus203 optimus203 12 years ago
Definitely. Wish I could free up some more money.
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Uranium Uranium 12 years ago
I had the VLCCF board moved to the "Automotive and Transportation" sector
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Uranium Uranium 12 years ago
VLCCF getting crazy oversold

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Uranium Uranium 12 years ago
Welcome to the board! Ex-dividend was today. Let us know if you do get it.

Ex-div is "the first date following the declaration of a dividend on which the buyer of a stock is not entitled to receive the next dividend payment."
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iamjah iamjah 12 years ago
Bought in today did i get in in time for the 6/6/2012 dividend payout?
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Uranium Uranium 12 years ago
Thanks, i'll check the links out.
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rjeezy007 rjeezy007 12 years ago
You can find shipping rate activity here:

http://www.clarksons.net/sin2010/

VLCCF`s Q1 2012 presentation is also a good source (pages 8 to 12):

http://hugin.info/132879/R/1611511/512736.pdf

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Uranium Uranium 12 years ago
Do you know a good link to spot or charter rates or a chart symbol to plot it? Like $BDI is the chart symbol for the Baltic Dry Index.

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rjeezy007 rjeezy007 12 years ago
I'm in this one with you guys.

Vlccf has a few ships with exposure to spot rates which will keep revenues and profits down. However, it has also long-term charters which won't expire until 2014 and beyond. This mitigates the impact of poor spot rates. If we are truly near the bottom in the spot market, we should see the dividend around the same or cut even more as the cash flow will be depressed. However, as the tanker market recovers, we should see cash flow improve and same with the dividend. This improvement may not occur for a few years down the road.
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Uranium Uranium 12 years ago
VLCCF charts



3 year falling below support

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