Hbg

[Hbg @hbgtrader]

@Midtbredden That being said I think that angle is exaggerated but could explain the discount

[Hbg @hbgtrader]

@Midtbredden Maybe, but as many have pointed out the orderbook and when they take delivery of vessels coincide pretty well which makes the discount reasonable (softer markets upon delivery)?

[Hbg @hbgtrader]

@Midtbredden The premium valuation is earned by consistent outperformance of all peers + good capital allocation - until CAPT shows something similar, why should one bid it high?

[Hbg @hbgtrader]

@ManihiB Or you do accretive transactions when trading at P/NAV premium (OET). Take CAPT - given the orderbook and when their newbuilds arrive, why would you want to own such a co even though they are discounted when "all" they can do is resell newbuild slots/wait rather than earn today?

[Hbg @hbgtrader]

@christankerfund