Frontline Ord Sh

+++ 🗺️ Previous repurchases in December '22 🗺️ +++

Hello everyone 🙋‍♂️. Last week and at the beginning of this week I had added a few more positions.

➡️ For the tankers these were $FRO and $DHT (+3,13 %). Here, the premiums for covered calls were quite nice, which is why I could also book out the positions in January. We'll see!

➡️ My position at the $IS04 (-0,42 %) and also the one at $DFOB (-0,15 %) were also increased.

#momentum
#etf
#anleihen
#bonds
#öl
#finanzen
#dividende

🇧🇲 Initial purchase #3 in November '22 🇧🇲

Hello everyone 🙋‍♂️. Today I very briefly introduce another tanker company.

➡️ 100 shares of Frontline Ltd ($FRO) were sold at 12.96 USD per share into the portfolio.

➡️ Another company in the crude oil tanker sector. Frontline was founded in Sweden in 1985, but is now based in Bermuda. FRO is listed on the Oslo Stock Exchange and since 2021 also on the NYSE.

➡️ Frontline has since completed a wide variety of acquisitions and mergers, unlocking much value for shareholders in the form of dividends and spin-offs (and IPOs) of subsidiaries.

➡️ However, one should not expect a constant dividend! The next merger is also already on the horizon. A merger with the Belgian Euronav ($EURN (-0,74 %)) is pending. This will create the world's largest crude oil tanker company with around 150 tankers of various sizes.

Exciting company. I am logistics , especially ships very bullish. Frontline transports oil by water. Exciting topic. Will be more, even if many talk about renewable energy....