Definitivt positivt for aksjonærer!

Takk 😎Kan vel også tolkes som et positivt innsidekjøp 📈

Aksjene strykes når tilbakekjøp programmet er ferdig dersom selskapet finner det gunstigst for aksjonærene på det tidspunktet. Spiller ingen rolle om selskapet eier aksjene eller har strøket de så lenge de ikke låner ut til short...

Poten idag: 52,411$

Det står i meldingen at de har kjøpt 848 000 aksjer i tilbakekjøpsprogrammet, så det gjenstår over 9mill. Dette inkluderer handler til og med i går.

De skulle vel kjøpe inntil 10 mil så da er det vel rundt 8.8 igjen, så det blir nok flere meldinger om kjøp fremover tenker jeg.

Etter disse transaksjonene har BW LPG 4 477 345 av sine ordinære aksjer, noe som
representerer 3,15 % av antall utstedte aksjer. Aksjene som kjøpes vil bli
holdt som egne aksjer.
Trodde at aksjene skulle strykes.

Poten idag: 52,230$

Gas

Chartering
EAST
We have seen several players moving on shipping for end Dec/early Jan laycans since end of last week, but the beginning of this week has been muted. Shipping availability remains tight on the front, but further into 5-15 Jan (basis MEG) we see more options from both the owners and the traders. One Indian charterer is currently working on an early January requirement, but otherwise we don’t expect much other activity until Saudi acceptances are out.

WEST
After a busy end to last week’s fixtures the West market has been rather quiet so far this week. The freight has pushed up a few dollars to mid/high 110s Houston-Chiba range with congestions in the Panama Canal stable. For first half January there are only a couple of available positions left and at the time of writing there are mainly owner-controlled vessels available further on and into second half January. Some relets are appearing on the horizon during last decade of the month and it seems the market is awaiting the US stats before making a move on what remains uncovered.

1.600.000$/måned.52.600$/dag.

Her skjer det ikke mye før etter rentemøte kl 2000

BWLPG og børsene generelt er veldig påvirket av den nye virusvarianten,en variant som faktisk er begynnelsen på slutten på den her pandemien.I Sør-Afrika viser det seg at smitten eksploderer,men sykehusinnleggelser og død har flat utvikling.

De må fortsette med å kjøpe tilbake aksjer

Salgene av BW Niigura og BW Sakura til mer en bokført verdi viser at NAV er høyst reell, med p/nav på ca 0.5 sitter aksjonærene med verdier på 100 kr/ aksje. Det er selvfølgelig ikke realistisk at vi ender der med det første, men det er jo plagsomt at ikke flere investorer ser dette.Hva tenker dere? Er det beste BW kan gjøre for aksjonærene å fortsette å selge skip selvom fraktratene er veldig bra ?

VLGC spot rates:

AG/JP +2% to $49k/d: AG seems well balanced at the moment

USG/JP +1% to $54k/d: Lower activity as the arb has narrowed

Flott, og i dag er det et godt eksempel at noen prøver å holde kursen så lav som mulig ved hver stigning så blir det solgt til lavere kurser nesten med en gang.

Voleon Capital har begynt å redusere shorten
Fra 0,73 til 0,65%

Poten idag: 52,331$

Total investment will amount to $50 million
British mortgage company Mars Capital Finance Ltd is said to be in advanced talks with BW LPG Ltd to invest about $50 million for a minority stake in its Indian subsidiary BW LPG India Pvt Ltd, multiple sources said.

Oslo Stock Exchange listed, and Singapore-headquartered BW LPG is the world’s top owner and operator of liquefied petroleum gas (LPG) vessels, owning and operating Very Large Gas Carriers (VLGC) with a total carrying capacity of over 3 million cubic metres (CBM).

Chennai-based BW LPG India Pvt Ltd is the largest owner and operator of India-flagged VLGCs with a fleet of seven ships and one more being inducted by the second quarter of calendar year 2022.

Four of the eight VLGCs of BW LPG India were recently acquired from its parent BW LPG Ltd for an undisclosed amount.

Likely to invest
While announcing the sale of the four VLGCs to its Indian unit on December 8, BW LPG said that was in “advanced discussions with an investor for the acquisition of a minority stake in BW LPG India for a cash consideration of approximately $50 million”. It did not disclose the name of the investor.

Banking and shipping industry sources revealed that Glasgow-based Mars Capital Finance is the likely investor in BW LPG India.

“We are unable to provide further comment beyond what has been detailed in our press release (issued on 8 December),” a spokesperson for BW LPG said.

Mars Capital is a part of United Kingdom-based investor and asset manager Arrow Global Ltd which was acquired by British private equity firm TDR Capital LLP in October this year.

BW LPG India started out in 2017 as an equal joint venture between BW LPG and Global United India Shipping Pvt Ltd, a part of Singapore-based ship management company Synergy Group, founded by Captain Rajesh Unni.

In August this year, BW LPG Ltd said it took control of the three-year old Indian joint venture by raising its stake to 88 per cent from the previous 50 per cent.

The entire VLGC fleet of BW LPG India is technically managed by the Synergy Group.

India has overtaken Japan to become the second-largest importer of LPG in the world, spurring huge demand for LPG carriers to ship the cargo.

Some 23 LPG carriers are currently on charter by state-run oil firms for shipping LPG cargo into India, of which 15 are Indian flagged ships with BW LPG India accounting for seven of them.

Besides, there are spot cargoes every month, said an official.

On July 14, the Union Cabinet approved a subsidy scheme wherein Indian fleet owners will get a 10-15 per cent extra on charter rates, depending on age slabs, on ships registered in India after February 1 this year.

The government has budgeted a corpus of ₹1,624 crore to be disbursed as subsidy for moving crude oil, LPG, coal and fertiliser cargo for state-run firms, over five years.

Latest futures price quotes as of Mon, Dec 13th, 2021.
Contract Last Change Open High Low Previous Volume Open Int Time Links
JLPZ21 (Dec '21)
66.846
+0.715
N/A
66.846
66.846
66.131
N/A
78
13:37 CT
JLPF22 (Jan '22)
65.875
-2.875
N/A
65.875
65.875
68.750
1
8
13:37 CT
JLPG22 (Feb '22)
58.250
-2.250
N/A
58.250
58.250
60.500
1
3
13:37 CT
JLPH22 (Mar '22)
56.625
-0.625
N/A
56.625
56.625
57.250
1
3
13:37 CT
JLPJ22 (Apr '22)
50.500
unch
N/A
50.500
50.500
50.500
N/A
17
13:37 CT
JLPK22 (May '22)
50.000
unch
N/A
50.00

Jan: 68750 (61500) Feb: 60500(56500) Mar 57250(5300)

Hvor ser du «kraftig opp?» jeg ser jan22, feb22 og mar22 ned.

Dagen rate Poten: 51860, så den stiger kraftig.

Futures kraftig opp

Jeg fik udbytte ind på min SparNord konto i går.

#VLGC spot rates hotter than chicken vindaloo🌶️

An active end to the week in AG saw spot rates leap 24% in two trading days to reach $47k/d🚀

Happy weekend to all VLGC own

Er der nogen fra spar nord danmark der har fået deres udbytte

Poten idag: 49,397$

Har kommet ja!

Pareto har en kjøpsanbefaling med kursmål 62. Medianen blant 6-8 analytikere ligger på over 70.

Det pleier ikke å komme før ved 14 tiden.

Noen som har fått utbytte?

Futures er kraftig opp! Ingen grunn til å hoppe av med andre ord..

FFA er kraftig opp i dag også. Det er håp om en ny bra dag i morgen.

VLGC spot rates:
AG/JP +13% to $43k/d🚀
USG/JP +2% to $49k/d

👍🏻

Bra oppgang i Poten i dag!!

LPG (KT) Spot TCE rate ($/day) VLGC, 44 (AG-Japan) 44,157

Futures er opp i dag!

Du skal huske på der er kun en Free-Float på 56,7% - så det regnestykke kan man også vælge at regne således 10mill af de resterende 56,7% af ca. 138mill svarende til 78,2mill. Altså 10/78,2% = 12,78. 12,78% af nuværende aktiekurs er ca. 6,10 nok.

BW Group og BW LPG er ulike selskap :-)