🇳🇴 Fearnley's
Dry Bulk shipping market
Bernhard Andrés Baardson, Advisor
my live tweet thread of today's presentation
$GOGL $SBLK $SHIP $DSX $EGLE $GNK
Dry Bulk shipping market
Bernhard Andrés Baardson, Advisor
my live tweet thread of today's presentation
$GOGL $SBLK $SHIP $DSX $EGLE $GNK
"There's probably not much more downside in rates, and we believe still more downside in asset values in smaller sizes (10-20%). We should bottom in Q1. For Capes we may have already reached bottom of asset values"
$SHIP $DSX $SBLK $GOGL
$SHIP $DSX $SBLK $GOGL
"We are very bullish on 30% of the dry bulk commodities mix" [Ed says: and this is supposed to be bullish??]
What Fearnley's expects re: rates for this year (2023). "No more downside in asset values. Good to position for 2024 bull market in coming months"
/end
/end
This is the rest of the day's events, which I will NOT be sharing. Ciao.
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