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Mysterious

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  1. https://dl-web.dropbox.com/get/Public/AMSC-presentation-goldentree-asset-management%281%29.pdf?_subject_uid=87312189&w=AAB7FFH4haQbgm8NKEV0pg0baCD5RUK8g3BG2BV-Sn3TLQ


    http://e24.no/boers-og-finans/ser-muligheter-for-ny-dobling-i-boersrakett/22715516


    - I et oppside-scenario, der Jones Act tankerratene når 100.000 dollar per dag og AMSC konverterer til en partneravtale som gir seks prosent, tror vi aksjen muligens kan nå 250 kroner innen 2017, skriver de videre analytikere.


    Dec 17 (Reuters) - A Jones Act tanker was recently chartered for six months at a record high rate of $110,000 per day, market sources said, the latest sign of how surging U.S. crude production is squeezing the niche market for U.S.-flagged vessels.

  2. AMSC currently trades around 37.9 krone in the Norwegian market. GoldenTree expects that the stock will double over the next two years. At present, the stock has 77% upside and can be worth 70 krone based on a 2015 FCF yield. American Shipping Co (OTCMKTS:ASCJF) is registered under the Jones Act Trade of 1920, where spot rates hit a high of $99,000/day in 2013. If these rates rise to $100,000/day, AMSC’s stock could trade at 250 krone, says Tananbaum.

     

     

    http://www.valuewalk.com/2014/01/goldentree-steve-tananbaum/

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