Hva i allværden skjer her?
Har folk toalt mista hodet?
Denne er den største bankersen på Ose.
Analyser kommer med tripling i kursen, så presterer folk å selge!!
Er dere totalt hjerne død?

Litt merkelig at denne ikke går mer, får håpe den stiger litt jevnt fremover, de aller fleste har jo ikke posisjonert seg i supply ennå.

Nyhet fra Thomson Reuters:

OSLO, April 11 (Reuters) – The cost of renting offshore supply vessels (OSVs), servicing oil and gas firms, will continue to rise as many ships that were mothballed up during the downturn will not return to the market, the chief executive of Norway's DOF said on Wednesday.

A number of offshore vessel companies went bankrupt after oil prices plunged between 2014 and 2016, or were forced to merge with competitors to survive as oil companies cut spending for exploration and new developments.

But the rates for hiring specialized vessels, which include platform supply (PSV), diving support (DSV) and anchor-handling vessels (AHTS), have increased in the last year.

While the North Sea has been leading the increase in demand for OSVs, with rates for some vessel segments improving by 30 percent from a year ago, activity is starting to pick also elsewhere in the world, DOF's CEO told Reuters.

"The rate levels for PSVs have increased quite a bit from low levels (last year)... Now, at least, you can pay interest rates," Mons Aase said.

The company, which operates more than 60 OSVs, said in a separated statement on Wednesday it had won a three-year contract from Petrobras for a diving support vessel (DSV) in Brazil.
DOF shares were trading up by 3.8 percent on the Oslo exchange by 0955 GMT, and were up 37 percent since the beginning of the year.

The company didn't disclose the contract's value or price, but Aase said it expected "better earnings" from the new contract than before.

"There are reasons to be a bit more optimistic than we have been... Overall (globally), we see that a modest increase in activity," he told Reuters.

His optimism was based on the expectation that a majority of offshore supply vessels laid up in Europe will not return to the market.

"Many of those vessels parked in Europe came from Africa and Brazil, and they don't meet the (European) specifications... We clearly see that a significant portion, about two-thirds, will not be back," Aase said.

Last week, the Norwegian Shipowners' Association said oil companies had to be prepared to pay higher rates for offshore supply vessels in order to ensure the survival of their suppliers.
Some 183 offshore supply vessels and drilling rigs, corresponding to almost one third of the Norwegian offshore supply fleet, were idle last year, the Association's data showed.

That number had fallen to 162 units by February, it added.

(Reporting by Nerijus Adomaitis, editing by Terje Solsvik) ((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699; Reuters Messaging: nerijus.adomaitis.thomsonreuters@reuters.net)

Synes det er hel fantastisk. Doffern klatrer noen få prosent. Men melder kontrakter på kontrakter, senest i dag med god kontrakt fra Petrobas. Fred Olsen Energi har på 2 dager klatret 20 % uten noen ting. Ikke lett å bli klok.

Denne analysen er referert til flere ganger på forumet og er fra Jan 2018.

http://securities.clarksons.com/~/media/BF5767C1282A4D2398EE670AE089245D.ashx

5198

Dette høres jo helt spinnvilt ut. Hvor gammelt er dette?

" By our reckoning DOF ASA’s share of DOF Subsea amounts to 2.7x DOF ASA’s current market cap. "

https://e24.no/kommentarer/solstad-offshore/kommentar-hvis-du-tror-paa-revisorer-boer-du-laste-opp-med-supply-aksjer/24305951

Utdrag fra Clarksons Platou Securities AS, dette sier bare noe om potensialet på mellomlangt sikt 12-18 mnd.


A deeply undervalued play on a highly valuable subsidiary
In our view DOF ASA is deeply undervalued because of 1) uncertainty around the timing of a market recovery, 2) recent liquidity issues and 3) little attention from international investors. All of these issues are tied together, but we think in the next 12-18 months all of them will be resolved fully or partly. If visibility around these issues can be improved, we expect the stock will perform well. In part due to leverage, our NOK 1.90 Target Price indicates the stock could nearly triple from current levels. An IPO of DOF Subsea represents the most concrete near-term means of realizing such values.
Many investors remain uncertain about the timing of recovery for offshore vessels, and as such an improvement in dayrates should allay much of that concern. As written in the OSV market section of this report, offshore activity levels are set to rise due to a large increase in project sanctioning, and dayrates in the North Sea are already increasing despite low demand levels. That leads us to believe that rates will further improve as activity moves higher.
The offshore vessel sector has seen an extraordinary wave of restructuring in recent years, and we believe DOF is now moving past the restructuring phase. The company completed an equity issue, bond equitization and bank debt adjustment in June-16, as well as a NOK 500m equity issue to address liquidity issues in DOF Subsea during late Dec-17. With liquidity issues no longer a near-term concern, investors can now begin to think about underlying values. However, it takes time for investors to build confidence and take the equity out of the penalty box.
For DOF ASA to regain confidence and attention from investors, we think they need to move from defense to offense. The natural next step in that regard is an IPO for DOF Subsea, the key component of value in DOF ASA. The company marketed an IPO process for DOF Subsea in late May-17, though falling oil prices and falling stocks closed the window for a new oil services stock at that time. Since the end of May-17, oil prices have risen nearly 40% and DOF Subsea’s peer group (SUBC, FTI, OII, HLX, MDR) has traded up by 25%. Naturally we are more bullish about the prospects of an IPO for DOF Subsea, the most concrete near- term means of realizing value in DOF ASA. By our reckoning DOF ASA’s share of DOF Subsea amounts to 2.7x DOF ASA’s current market cap.

Kopier rett nettleser

Ser ikke ut som vi har tilgang til å se analysen.

Takker Kontur, ser ut som bra lesning :)

http://securities.clarksons.com/~/media/BF5767C1282A4D2398EE670AE089245D.ashx

Les denne. Og det er før den virkelige oppturen starter, kun basert på tørre data.
DOF vil kunne passere 2 kroner relativt raskt.

Og allerede 15,5 mill aksjer omsatt etter 45 min.handel. kan bli bra det :)

Ja nedbetalingen av lån vil jo styrke egenkapitalen men jeg tror at det kan komme en reversering på nedskrivningen i tillegg til om alle båter er i jobb og rater er stabile på dagens nivå eller går opp

DOF skal p.d.d ha fire båter i opplag men flere av disse er på vei ut, blir litt overasket om de har båter i opplag når sommeren kommer.
Brasil gir forholdsvis gode rater pga markedet er som det er der nede med båtene som må ha « Brasil flagg» så her er det penger å tjene.

Det som nå blir spennende er om de slutter med ekstraordinære nedskrivninger, den dagen dette slutter vil selskapet ha et ganske solid overskudd. Skulle noe av de siste årenes nedskrivninger bli reversert de nest årene vil dette ha utrolig mye å si for bokført egenkapital pr aksje. Denne er i dag på 1,7-1,8 kr pr aksje, men kan fort øke opp mot en kr pr år om en ser på nedbetalingen av lån samt oppjustering av skipsverdiene.


Litt overasket over at denne ikke har gått mer de siste dagene, utrolig mange gode lange kontrakter. Vi venter fremdeles på Brasil jobbene men de kontraktene vi har fått de siste ukene gjør at DOF ikke lenger er i den hengemyra de har vært.

Tror snart investorene vil prise inn at dette selskapet nå er på full fart ut av krisen, kan ikke se noen grunn til at dette selskapet ikke skal prises til bokførte verdier på 6-12 mnd sikt ( altså rundt 2 kr).

ja og ny tre års kontrakt i dag, undrer hva verdien kan være på her??

Dersom revisorene har rett så ser vi en pris på 1.74 ganske snart. Blir Q1 snu punktet?

Oljå på 71 dollars og alle båter i sving, 2kr here we come!