Asad

drybulk, squash, aloo gobi
please don't consider my tweets as investment advice, I'm an idiot

[Asad @AsadAlamak]

@maliksquared soon there could very well be animated lego propaganda vids featuring you soon

[Asad @AsadAlamak]

@contang_o @FamakisInvestor We all have the odd bad year, but to be down ytd when the average shipping share is up about 40pct ytd is a bit baffling.

Maybe they’ll have more luck in their new crypto fund 😅

[Asad @AsadAlamak]

@Shaikhisms @contang_o Also, how many of these 351 vlcc's are part of the dark fleet?

[Acyn @Acyn]

Trump: I just had this done. *holds up chart comparing reflecting pool to buildings*

[Asad @AsadAlamak]

@contang_o From a ship owners perspective — what is the point of going public if most ShipCo’s can’t achieve more than NAV? Just to skim from G&A expenses?

[Asad @AsadAlamak]

If these fundamentals don’t get $SBLK to break to the upside I don’t know what will:

- abt 0.82 p/nav
- great q2 guide, possibly ~10pct div yield for 2026 based on today’s FFA curve
- BCI 50k, BPI more than 20k, BSI almost 20k
- one of the better dry bulk management teams
-ect

[Asad @AsadAlamak]

Capesize Timecharter Average
(C5TС 182) 50,041 2,224 T
6:02 PM

[Asad @AsadAlamak]

@contang_o Sblk is my largest position, but I’m just targeting 32

[Asad @AsadAlamak]

The dry bulk supply setup remains incredibly tight, per SBLK’s Q1 presentation:

• Orderbook: 13.2% of fleet
• Fleet 15+ years: 33.6%
• Fleet 20+ years: ~13%

Demolition of the 20+ yr fleet offsets the entire current orderbook.

That said, expect a wave of new orders soon. 🚢

[Asad @AsadAlamak]

$CMBT
- p/nav at about 0.8
- q1 div of 4% (mainly due to sale proceeds of older ships)
- q2 earnings will probably be great based on their forward guidance

[Asad @AsadAlamak]

@contang_o Technical also may have a part to play — Companies like SBLK, CMBT and HSHP are so far extended above their 20 day moving averages that I think they may need a few days to digest and then take the next leg higher

[Asad @AsadAlamak]

@contang_o @YoMismo29049886 @FamakisInvestor I've been bitten by $SHIP in the past, they'd issue shares / make dumb spin-off companies. They seem to have changed their ways, but I can never truly trust their governance. Also, with an average fleet age of 14.7 years they may one day spend more on buying new capes at the peak

[Asad @AsadAlamak]

@contang_o The May div (and beyond) is going to be juicy

[Asad @AsadAlamak]

Capesize Timecharter Average (C5TC 182) 46,017
3,368 ↑

[Asad @AsadAlamak]

@GavMcCracken “Just decided” — most trades on the Pakistan stock market have ALWAYS been driven by insider trading

[Drop Site @DropSiteNews]

⭕️ Iran has proposed allowing commercial ships to transit safely along the Omani side of the Strait of Hormuz as part of negotiations with the U.S., a source told Reuters, contingent on a broader deal to avoid renewed conflict.

The move may mark Tehran’s first step back from plans to control or tax passage. Traffic through the strait remains severely disrupted after the U.S.-Israeli war, with hundreds of vessels and roughly 20,000 seafarers stranded. One vessel made the passage west and transited the strait today. Fars also reported an Iranian tanker made the passage through and arrived at an Iranian port.

Reuters said it is unclear if all ships would be covered under the proposal and if mines would be cleared.

[Alex Christoforou @AXChristoforou]

Don Tzu: Break an enemy blockade by blockading their blockade.

[Asad @AsadAlamak]

@AkberAliprime The one lawn the Israelis can’t mow

[Asad @AsadAlamak]

@AkberAliprime Bullish imodium too

[Asad @AsadAlamak]

When clowns mediate, don’t expect anything less than a circus

[Ryan Grim @ryangrim]

Oh, this is unbelievable. The edit history on this tweet shows that Pakistan Prime Minister Shehbaz Sharif originally copied and pasted everything he was sent, including:

"*Draft - Pakistan's PM Message on X*"

Now, obviously, Sharif's own staff don't call him "Pakistan's PM," they would just call him prime minister. The U.S. and Israel, of course, would call him "Pakistan's PM."

Would be funny if the fate of the world wasn't hanging in the balance.