(25-11-2014, 11:35 AM)safetyfirst Wrote: [ -> ]I think you are the right. The volume for the buy queue looks high compared to historical values. Glad to have bought mine earlier 
There is no reason to feel regret of buying high if that high is future low, not easy to digest and absorb properly, not even for myself.
(25-11-2014, 05:50 PM)valuebuddies Wrote: [ -> ] (25-11-2014, 11:35 AM)safetyfirst Wrote: [ -> ]I think you are the right. The volume for the buy queue looks high compared to historical values. Glad to have bought mine earlier
There is no reason to feel regret of buying high if that high is future low, not easy to digest and absorb properly, not even for myself.
always easier to BUY high sell HIGHER, then buy low and dunno where the bottom is...
I m glad I have slowly appreciate that...
Volume is steadily increasing and price is slowly moving up too...
Yes, valuebuddies are bitting liao!
SSC, the overlooked leveraged BOND structured by Veteran shipping tycoon Ow CK?
If anyone who is looking to invest in shipping trusts, they may be better looking at this COMPANY since there are no fanciful financial engineering here just plain ability to tap on connections that help lock in super long contractual agreement with blue chip shipping companies and arbitraged the contract against cheap funding over similar duration.
There are no secret ingredient here just plain experience, acument, hardwork and patience to secure and structure lucrative deals... how lucrutive... only time will tell...
For a conservative tycoon to leverage up to 100% gearing to set sail on a new voyage after cashing up before GFC, I dare to place my blind faith in CK Ow. Certainly very minimal Chow Kuan here.
Vested
Minor Core
GG
Agreed.
It's a clear, clean, well-operated biz. In fact, we can expect results to show soon, 2015 onwards..
In OW we trust!
Still cant understand why people willing to stay vested in rickmers and first ship lease. They pay out so little after so much leverage yet SSC pays out a decent yield before all the leverage
(27-11-2014, 04:11 PM)safetyfirst Wrote: [ -> ]Still cant understand why people willing to stay vested in rickmers and first ship lease. They pay out so little after so much leverage yet SSC pays out a decent yield before all the leverage
If you guys are interested in SSC, you will definitely be interested in CHina Merchants Pacific. Good Yield without a full payout.
(27-11-2014, 05:00 PM)valuebuddies Wrote: [ -> ] (27-11-2014, 04:40 PM)Damien Wrote: [ -> ] (27-11-2014, 04:11 PM)safetyfirst Wrote: [ -> ]Still cant understand why people willing to stay vested in rickmers and first ship lease. They pay out so little after so much leverage yet SSC pays out a decent yield before all the leverage
If you guys are interested in SSC, you will definitely be interested in CHina Merchants Pacific. Good Yield without a full payout.
Ow is not a PRC
SSC is not state-owned enterprise.
(27-11-2014, 04:40 PM)Damien Wrote: [ -> ] (27-11-2014, 04:11 PM)safetyfirst Wrote: [ -> ]Still cant understand why people willing to stay vested in rickmers and first ship lease. They pay out so little after so much leverage yet SSC pays out a decent yield before all the leverage
If you guys are interested in SSC, you will definitely be interested in CHina Merchants Pacific. Good Yield without a full payout.
Hardly comparable companies.
On another note, pleasantly surprised by the rising trend. It would seem more people are taking notice of the significant increase in SSC earning power once all the vessels are delivered.