Nordic American Tankers Limited (NYSE: NAT) Announces Date for its 2014 Annual General Meeting of Sh (Seite 22) | Diskussion im Forum

[leone2]

Antwort auf Beitrag Nr.: 53.988.341 von handyweb am 01.01.17 23:42:15

Bin heute zu 8,15 € rein. Hoffe die Dividende ist steuerfrei.

Hier sieht man die Shareholders:
http://www.4-traders.com/NORDIC-AMERICAN-TANKER-LT-13682/com…

[handyweb]

Antwort auf Beitrag Nr.: 53.932.100 von R-BgO am 21.12.16 13:51:27

Im Moment scheint der Kurs um die 8,50 USD ja recht günstig - sollte man das zum Einstieg nutzen? Wie ist Euer aktueller Durchschnittskurs? Derzeit scheint ja der Chartermarkt ganz gut zu laufen und neben FRO könnte NAT eine gute Mischung sein. Sind hier auch die Dividenden steuerfrei aufgrund des Firmensitzes auf den Bermudas?

[R-BgO]

Antwort auf Beitrag Nr.: 53.813.697 von R-BgO am 02.12.16 08:30:30

Nordic American Tankers Limited (NYSE:NAT) - Letter to the Shareholders - an update with good prospects

Hamilton, Bermuda, December 21, 2016


Today, a few days before Christmas, we wish to give you a brief update on a few pertinent NAT matters. As previously communicated, the fourth quarter of 2016 is turning out well. Our cash break even below $11,000 per ship per day gives an excellent basis for solid cash surpluses.

The 4Q2016 cash results are expected to be about $20,000 (time charter equivalent) per ship per day. The NAT fleet is increasing and our 30th Suezmax tanker is scheduled to be delivered to us mid-February 2017. It has already obtained employment for her maiden voyage. Three more newbuildings will increase the fleet with further 10%, impacting dividend and earnings capacity correspondingly.

We do not have all our ships in the spot market. Some of them are employed on short term and longer term contracts with solid clients. So far, the first quarter of 2017 has started off well with a strong tanker market.

In our reports, we have repeatedly stressed that Net Asset Value (NAV) - the steel value of a ship - is of no relevance in the assessment of the value of NAT as a going concern.

For further details, please see our below letter of November 30, 2016.

NAT has a good future. We are happy to respond to any questions you may have. Meanwhile, we wish you all the best for the Holiday Season!

Kind regards,
Herbjørn Hansson

[R-BgO]

Antwort auf Beitrag Nr.: 53.635.290 von R-BgO am 07.11.16 11:43:42

Hamilton, Bermuda, November 30, 2016

Dear shareholders,

My last shareholder letter was dated August 28, 2016, our successful capital raise of USD 120 m was completed on September 30, and our 3Q report was dated November 10, 2016.

During 3Q2016 we generated a cash surplus that was much higher than our cash break even rate, which is below USD 11,000 per day per ship.

We also expect that the 4Q2016 result will be well above 3Q2016, which had a time charter of USD 16,700 per day per ship on average for our vessels on contracts and on short term employment.

Now that we have about 75 % of the available days in 4Q2016 under our belt, we are at about USD 20,000 per day. Our recent stock issue allowed us to contract for three newbuildings to be delivered in 2018, increasing the fleet from 30 to 33 Suezmaxes.

The board, management and our advisors subscribed for a total of $5.3 million of the issue. We eat our own cooking, so to speak, and our goal is the same as it is for all shareholders: to make money on our investment. Growth has been a key success factor of our business model. It's important for companies to grow and it's crucial for our future dividend capacity.

Any company must grow - that is a part of capitalism. A company that does not grow is dead. Our recent order for 3 new Suezmax ships at Samsung was concluded at highly attractive terms. A major part of the purchase price is due on delivery. This is a great investment, boosting NAT.

Over the years from 2004 we have grown step by step from 3 to 33 Suezmax ships. We have already increased our fleet by 5 ships this year and will take delivery of our 30th ship in early 2017.

Except for the three newbuildings, all these vessels were funded by existing resources. Our objective is to increase earnings. The acquisitions have to be accretive and increase our earnings power.

The markets for dry cargo vessels and container vessels are difficult. NAT, of course, is not involved in these sectors. There is also now limited access to financing, which prevents some other companies from expanding their fleets. Having access to financing, as we do, is increasingly becoming a competitive advantage.

We welcome all investors to become our shareholders. We are the crude tanker company with the most shareholders in the world. Whether you are a mutual fund, hedge fund, investment advisor or an individual investor, we value you all the same. Our large base of shareholders has made our stock very easy to trade. We can never have too many shareholders and our stock can never be liquid enough.

The Suezmax tanker market has recovered significantly from the time of my last letter, as demonstrated by 4Q2016 results so far.

The low oil price is good for the tanker market and hence for NAT. The demand for oil and its production is growing, which is positive for the transportation of oil. The demand in the Far East is particularly strong, which makes it a promising market for us.

Finally, we do not expect that results of the US Presidential election will affect NAT adversely.
Our strategy is to expand with a low level of debt. When we generate cash we prefer to pay it out in dividends. We always stick to our strategy and are not afraid to sail in the opposite direction of the rest of the industry

We wish to have the strongest balance sheet and the lowest cash break even. I firmly believe that this will give the highest total return to shareholders; the best measure of profitability.

My best wishes to you for a happy new year!

Kind regards
Herbjørn Hansson

Chairman & CEO

[R-BgO]

!

Dieser Beitrag wurde von CommunitySupport moderiert. Grund: Doppelpost

[R-BgO]

Nordic American Tankers Limited (NYSE:NAT) - Update / reminder


Hamilton, Bermuda, November 7, 2016

In a message to the market of October 17, 2016, the NAT 3Q2016 earnings report was scheduled to be announced today, Monday, November 7, 2016.

Due to the upcoming US election November 8, 2016, NAT decided to postpone the announcement of the 3Q2016 earnings report until Thursday November 10, 2016 before NYSE opening. The presidential election was the only (:confusedreason for the postponement. NAT has about 100,000 US based shareholders and we would not like our earnings report to be drowned in the mediastorm associated with the election.

A dividend of $0.26 per share for 3Q2016 was declared October 17, 2016 with record date October 27, 2016 and payment date November 10, 2016. These two dates remain the same. In 2Q2016, the dividend was $ 0.25 per share.

[R-BgO]

Nordic American Tankers Limited (NYSE:NAT) - Increasing the fleet to 33 vessels. Agreements entered into with Samsung Heavy Industries for the building of three Suezmax tankers.

Hamilton, Bermuda, October 27, 2016

Nordic American Tankers Limited ("NAT" or the "Company") announced today that it has entered into agreements with Samsung Heavy Industries Co., Ltd., a leading Korean shipyard, for the construction of three Suezmax tankers of about 157,000 deadweight tons each to be delivered to NAT during the second half of 2018. The commercial parameters are based on standard terms for the industry.

"This is another large step forward for Nordic American," said Herbjørn Hansson, the Chairman & CEO of the Company. "By adding these ships, we substantially increase the dividend capacity and bolster our earnings potential. We believe that our solid balance sheet as well as our well-defined and transparent operating model are elements supporting the competitive position of NAT. The stock issue of about $120m that we completed September 30, will part finance this transaction. A 33 vessel homogenous Suezmax fleet is making NAT stronger and the Company becomes even more attractive for our customers."

[nocturnal]

Antwort auf Beitrag Nr.: 53.365.692 von R-BgO am 28.09.16 13:37:59

Unter 8$ werde ich mir eventuell wieder ein paar zusätzliche ins Depot legen.
Bin eigentlich langfristig orientierter Anleger aber hier kann man immer recht gute Gewinne machen, wenn man mal günstig einkauft um sie nicht ewig zu halten.

[R-BgO]

Nordic American Tankers Limited (NYSE:NAT) Announces Pricing of Public Offering

Hamilton, Bermuda, September 27, 2016

Nordic American Tankers Limited (the "Company") today announced the pricing of its previously announced underwritten public offering pursuant to the Company's effective shelf registration statement. The Company agreed to sell 11,000,000 common shares at a public offering price of $10.00 per share.

At the Company's request, the underwriters have reserved for sale an aggregate of 534,000 common shares to all of the members of the Company's board of directors, certain members of the Company's management, and all of the Company's advisors at the public offering price.

The 534,000 common shares include approximately 100,000 common shares to be purchased by the Company's Chairman and Chief Executive Officer and 400,000 common shares to be purchased by the Company's Vice Chairman. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,650,000 common shares. The Company intends to close the sale of the common shares on September 30, 2016, subject to customary closing conditions.

The Company intends to use the net proceeds of this offering primarily to finance the expansion of its fleet and for general corporate purposes. Immediately following the offering, the Company may use the proceeds of this offering to repay borrowings under its revolving credit facility pending application towards other uses.



Morgan Stanley & Co. LLC is acting as the bookrunning manager for the offering and DNB Markets, Inc. and Skandinaviska Enskilda Banken AB (publ) are acting as co-managers of the offering.

[R-BgO]

Nordic American Tankers Limited (NYSE:NAT) - Declaration of Dividend for the 76th consecutive quarter. Solid results in the second quarter.

Hamilton, Bermuda, July 28, 2016


THE SECOND QUARTER OF 2016 SHOWS SOLID RESULTS.

THE RECENT DELIVERIES OF FOUR JAPANESE-BUILT SECOND HAND SHIPS (COSTING $106M) AND THE PURCHASE OF TWO NEW VESSELS FROM KOREA ($64M CASH DELIVERY PAYMENT IN TOTAL FOR BOTH) TO BE DELIVERED IN THE NEXT SIX MONTHS ARE BEING FINANCED FROM OUR OWN RESOURCES, WITHOUT RAISING NEW EQUITY.

THE MAKING OF THIS CASH PAYMENT IN TOTAL OF $170M, WHICH BRINGS THE FLEET TO 30 VESSELS AND ENHANCES OUR EARNINGS POTENTIAL SIGNIFICANTLY, GUIDED US IN SETTING THE DIVIDEND FOR 2Q2016.

THE TANKER MARKET IS VOLATILE. A HIGHER DEMAND FOR TANKERS SHOULD RESULT IN HIGHER DIVIDENDS.

WE BELIEVE THAT IN THE PRESENT CIRCUMSTANCES THE STRATEGY OF DEPLOYING OUR CASH BOTH TO PAY DIVIDEND AND TO BUY SHIPS AND THEREBY INCREASE OUR DIVIDEND CAPACITY IS IN THE BEST INTERESTS OF THE NAT SHAREHOLDERS.

GOING FORWARD, COMPETITIVE DIVIDEND PAYMENTS, A STRONG BALANCE SHEET AND A HIGH LIQUIDITY IN THE STOCK, COMPARED WITH OUR COMPETITORS, CONTINUE TO BE PRIORITIZED OBJECTIVES FOR NAT.


In view of the above, the Board of Nordic American Tankers Limited has declared a cash dividend of $0.25 per share to shareholders of record August 17, 2016. The dividend is expected to be paid on or about August 31, 2016.

The 2Q2016 earnings report is expected to be released Monday August 8, 2016 before NYSE opening.