Eric Eche

Interested in : investing, mindful meditation, hiking. I never give/write investment advice. Do your own research and due diligence.

[Eric Eche @ericeche]

@contang_o @KlikniN Wars never end as planned, unless one side has an overwhelming military superiority.

[Eric Eche @ericeche]

@contang_o All the best for you and your family Edward. I hope things get better soon.

[Eric Eche @ericeche]

@TommyDeepwater @plmlindstroem Merci Tommy. France is broke but views offshore oil as evil. Very unsettling.

[Eric Eche @ericeche]

@TommyDeepwater @plmlindstroem Football/Soccer has one big quality, it is unpredictable. Right now , pundits are saying France is unbeatable (I am French). I beleive the French team can be defeated . I am not hoping it happens , I won't be that surprised if it does.

[Eric Eche @ericeche]

@contang_o Iraq's most influential Shiite parties and militias have close links to Iran, and Iran has significant influence in Iraq. Those Iraqi militias dealing with oil sometimes look like Mexican drug cartels. Extremely violent and killing for market share.

[Eric Eche @ericeche]

@AndersSjastad Will offer a couple to my wife and see what happens.

[Eric Eche @ericeche]

@contang_o Constellium, $CSTM, as well. Very close to $AA, YOY. Along with $KALU. $CENX above .

[Eric Eche @ericeche]

@contang_o Have been told many times Chinese demography is a disaster. Difficult to check.

[Eric Eche @ericeche]

@contang_o Enjoy the largest beach party trade show in Europe!

[Eric Eche @ericeche]

@AndersSjastad Furthermore: high fuel costs favor modern tonnage. Frontline, Himalaya, CMBT... Older ships have to slow down.

[Eric Eche @ericeche]

@AndersSjastad AI infrastructure and semiconductor stocks require a healthy diet, lots of vegetables and low fat proteins. Zero heart burns guaranteed.

[Eric Eche @ericeche]

@contang_o Consistent with record oil output.

[Eric Eche @ericeche]

@contang_o Strong rates are not enough to justify investing. Individual investors need to see strong returns at the height of the cycle. We are not making any money when shipping companies sell vessels unless they pay a dividend.

[Eric Eche @ericeche]

@contang_o Totally agree with you. This payout is low. Question, does it justify ownership of the stock? I have reservations : P/NAV is 1.16 , asset values are high. Sure Q2 will be a great quarter for Torm. What about shareholders?

[Seanergy @Seanergy_SHIP]

#Capes approaching seasonal multi-year #highs with index at $46.1k/day, up +87% in 2 months, creating a strong momentum for #drybulk and $SHIP — a leading U.S. listed pure-play Capesize shipping company. #Seanergy #Shipping

[Eric Eche @ericeche]

@contang_o Not much love for DHT at this price. Ouch!

[Eric Eche @ericeche]

@TommyDeepwater @PlJohan1 Memories of Saipem's financial troubles are "alive". They won't move away from the asset light business model. The ROIC of the asset light model is much higher. Just compare it to $RIG, or $NE.

[Eric Eche @ericeche]

@contang_o @Ingolf_Stahl Merci.

[Eric Eche @ericeche]

@Ingolf_Stahl @contang_o I am not sure how to read this footnote N°8. Negative break even cost?