stock market predictions

 
Diversify your intellectual portfolio.
or Log in now
 
TRMD Aktieselskabet Dampskibsselskab +31.6%
Initiated 1/20/11 $7.60 - Target 11/8/11 $10.00
Closed $1.04 11/8/11 3:59 PM
Today $2.23
Made -86.3% Consider this Stock
so we email you when someone covers it

Analyst Profile

rss
Ian Hall
Washington, DC
User since Sep 2009
Covers MNTX GOOG OLED ONVO NXPI TSLA TWGP and 8 other stocks - Go to Blog
Consider this Analyst
so we email you when they make picks
Don't even try to pronounce this one...

Aktieselskabet Dampskibsselskab has been around since 1889.  In 2009, they changed their name (wisely, I think ) from this nine-syllable tongue twister to the much more easy-to-manage TORM A/S.

So what the hell do they do?  They're a shipping company located in Copenhagen, Denmark that provides tanker and dry bulk shipping with a fleet of 140 vessels.

Their product tankers carry refined oil products, such as gasoline, jet fuel, naphtha, and diesel oil and their dry bulk vessels carry iron ore and coal for utilities and the steel industry; and commodities, such as grain, bauxite, and fertilizers.

This is more a play on the former segment of their services.  I got one in the chops on a coverage of Diana (DSX) that lost almost 15% last year, but I'm tinkering with the idea that there may be some increase in profits for an outfit like TORM as the price of oil simmers in 2011.The company’s dry bulk vessels carry iron ore and coal for utilities and the steel industry; and commodities, such as grain, bauxite, and fertilizers.

 

 
Comment on this Article
Contribute to the conversation

Blog a Stock

1 Enter a Symbol
 
2 Set a Target Price
 
or Set % Change
 
3 Choose a Target Date
 
Once you have entered a symbol, information about that security will appear here.
 
What People Are Saying...
Alex O'Reilly said at 2/8/11 8:25 PM
hahaha only cover stocks you can pronounce, Ian.
Ian Hall said at 2/9/11 10:57 AM
Probably sound advice. It'd also be wise for me to stay the hell away from shipping stocks...I can't pick 'em to save my life.
Josh Warner-Burke said at 7/25/11 2:51 PM
Wonder what the story is on this one that's caused it to lose half its value this year.
Ian Hall said at 7/25/11 4:22 PM
The short answer: I wrote a coverage on it. :-(
TRMD $2.23 0.00 (-11.3%)
 
 
JMBA: Juicy fruit...
Opened 1.84 11/25/09
Target 3.01 by 8/31/10
Today 12.43
Ian Hall from Washington, DC

LIEG: Lithium rush?
Opened 1.01 2/25/10
Target 1.87 by 11/10/10
Today 0.02
Ian Hall from Washington, DC

BLIAQ: Blockbusted by Juneteenth!
Opened 0.42 1/26/10
Target 0.31 by 6/19/10
Today 0.02
Ian Hall from Washington, DC

UA: We must protect this house!
Opened 27.07 12/4/09
Target 40.00 by 11/1/10
Today 60.63
Ian Hall from Washington, DC

 
 AIS  BLIAQ  BRCM  CADC 
 COSI  CVTI  DDD  DNR  ED 
 EFX  FCX  FEYE  FSPM  FTNT 
 GOOG  HLIT  HTZ  IQNT  ITC 
 LBTG  MKC  MSN  NABI  NSC 
 NTDOY  NXPI  P  PAG  PNGM 
 QCOM  RIG  SGI  TIE  TLPC 
 TM  TSEM  TSLA  WMS