Dato Yeoh
commented on a stock · Dec 13, 2024 18:23
Why….
$Torm (TRMD.US)$Ive quite a huge holdings with this company, unfortunately I’m guessing the stock price will fall to the level of my purchase price at USD15 if the downtrend continues.
However the downtrend isn’t only impacting TRMD but also other similar tanker companies like FRO.
My recommendation is to hold this position for long time, while control our mind on the down trend…
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stderr : If it keeps going lower and the dividend continues, we'll both own the company in a few years. Up today though
Dato Yeoh OP stderr : Though I’m positive about its long term prospects, short term remains weak. Hope it will rebound soon