ShareJunction - Member Posts

Back

Latest Posts By grandmaster89 - Veteran

About grandmaster89

First < Newer 1141-1160 of 1277 Older> Last

31-May-2010 16:44

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Huh what do you mean ? If RMT can escape from the LTV issues, its future will be a lot brighter...though technically this would apply to the other shipping trust in the world as well haha !

mayying ( Date: 31-May-2010 14:59) Posted:

hmm.. potential ..

Good Post Bad Post

31-May-2010 16:28

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Er, saya tak tahu?

mayying ( Date: 31-May-2010 14:46) Posted:

buy rickmers by JUL :)

Good Post Bad Post

31-May-2010 15:01

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Please explain... Smiley

Good Post Bad Post

31-May-2010 14:59

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

hmm.. potential ..

Good Post Bad Post

31-May-2010 14:48

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Interesting, but why?

mayying ( Date: 31-May-2010 14:46) Posted:

buy rickmers by JUL :)

Good Post Bad Post

31-May-2010 14:46

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

buy rickmers by JUL :)

Good Post Bad Post

21-May-2010 15:20

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Shipping trusts: Not out of the woods yet

Summary: Pacific Shipping Trust (PST), FSL Trust (FSLT) and Rickmers Maritime [RMT, NOT RATED] all reported YoY declines in 1Q10 DPU primarily due to lower distribution payout levels. RMT has reached an agreement with its lenders, but it is fairly restrictive – in our view – as RMT cannot exert much control over its cash flows. RMT could just bide its time under these agreements or possibly raise fresh equity (with a much recovered unit price) and get out of these restrictive agreements. In sharp counterpoint to the RMT developments, FSLT announced earlier this month that a charterer has re-delivered two of its product tankers. The sector, in our view, remains highly vulnerable due to counterparty risks – and this incident highlights that the broader shipping industry is not out of the woods yet. We expect both PST and FSLT to acquire new vessels this year but the key challenge will be to secure high quality counterparties and still make an accretive deal. Maintain NEUTRALview. PST is our preferred pick because of its balance sheet strength. (Meenal Kumar)

Good Post Bad Post

21-May-2010 13:30

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

I joined Rickmers family today with 10 lots !!!

Time to load...

Good Post Bad Post

26-Apr-2010 12:10

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Wow, really cheong today. how come no one pick this up in the forum since last Fri?

Good Post Bad Post

26-Apr-2010 08:17

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Hi guys, any expert on Rickmers can comment wat's the outlook with the new disclosures n px hike on Fri?

Good Post Bad Post

05-Apr-2010 20:34

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

I don't think Mother got US$1 billion spare change. All depends on whether the lending banks want to help.

God_of_War ( Date: 05-Apr-2010 13:44) Posted:

Last week up looks more like technical rebound. Too much uncertainty in this one.

Mother buy back ship, Rickmers divi to investor might also goes down.

Good Post Bad Post

05-Apr-2010 20:24

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Monday: 5th APRIL 2010

nO Up tOday ? ? ? ?

Good Post Bad Post

05-Apr-2010 13:44

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Last week up looks more like technical rebound. Too much uncertainty in this one.

Mother buy back ship, Rickmers divi to investor might also goes down.

Good Post Bad Post

05-Apr-2010 09:15

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Too uncertain...

Shorties dun dare to short and Longist dun dare to long this stock...

Flat...

Good Post Bad Post

05-Apr-2010 09:07

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Hi Morning Guys,

What's your take for Rickers today? Price will be Up Up or Down Down?

Good Post Bad Post

03-Apr-2010 15:55

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

NOL should create their own shipping trust haha

pharoah88 ( Date: 03-Apr-2010 15:36) Posted:

nOw cOmes the MilliOn dOllar QuestiOn ?

whO kept buying and buying nOl at HiGHER and HiGHER PRiCES ??

can the SAME grOup cOme tO buy RMT nOw ???

Good Post Bad Post

03-Apr-2010 15:37

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

can nOl take Over RMT nOw ????

pharoah88 ( Date: 03-Apr-2010 15:36) Posted:

nOw cOmes the MilliOn dOllar QuestiOn ?

whO kept buying and buying nOl at HiGHER and HiGHER PRiCES ??

can the SAME grOup cOme tO buy RMT nOw ???

Good Post Bad Post

03-Apr-2010 15:36

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

nOw cOmes the MilliOn dOllar QuestiOn ?

whO kept buying and buying nOl at HiGHER and HiGHER PRiCES ??

can the SAME grOup cOme tO buy RMT nOw ???

Good Post Bad Post

02-Apr-2010 14:44

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Why will RMG lease the ship back to RMT ?

The 7 vessels are chartered out to harbin and maersk. Since it owns the ships, it will receive the entire charter income alone. RMT won't smell a dime.

kenkenken ( Date: 02-Apr-2010 12:02) Posted:

I believe this price surge is temporary.

1.Yes,Mother will buy back at any price . How can mother let son die, somemore it public listed.

2. If im the mother and I buy at high price, just finance lease back to son at higher rate and the son Profit will drop as well as DPU (unless the 7 charter rate is positive)

3. If i buy at low price, it wont affect me anything and just lease back to son at low price. Eg. My son pay $10 i Buy from him $5 then i rent him $1 per year for $5 year. Son will write off $5.

Just my opinion and i might be wrong

Good Post Bad Post

02-Apr-2010 14:42

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

RMT will definitely get a refinancing - the question is at what cost to unit-holders. Until this situation is clear, I wouldn't buy nor sell.

Currently, I feel they are the potential outcomes -

1) Hyundai agrees to delay delivery for another year to allow RMT to find financing. I think this is unlikely since Maersk will consider this as a contractual breach and will demand a lower charter rate when the vessels are delivered.

2) RMG agrees to purchase the vessels and they will charter it out to Harbon and Maersk. They alone will receive the full charter income.

3) RMG and RMT agrees to split ownership of the vessels by forming a JV company to own it. The charter income will be split according to the proportion of equity held. Unit-holders will have to fund this.

4) RMT manages to find financing for the vessels based on fair value prices. Unit-holders top up the rest.

5) RMT raises unsecured Notes offering to shareholders to raise funds.

6) RMT is abandoned by RMG and declared bankrupt.

Good Post Bad Post

First < Newer 1141-1160 of 1277 Older> Last

ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.