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Ardmore Shipping Corporation (ASC)

NYSE - NYSE Delayed Price. Currency in USD
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6.48-0.45 (-6.49%)
At close: 04:00PM EDT
6.32 -0.16 (-2.47%)
After hours: 04:35PM EDT
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  • J
    Jan
    Compared to the current share price of US$8.0, the company appears quite good value at a 48% discount to where the stock price trades currently.
  • M
    Mark
    MR rates have just exploded specifically the trans Atlantic. Q2 earnings could be $1.00 assuming ASC vessels are in position to capture some of this trade.
  • T
    Terry
    ASOS Plc
    wow I'm not an investor however $ASC has been on my watchlist for a while now the stock has been decimated 2022 is going to be a loss but 2023 should be back to profitability
  • M
    Mark
    The 2nd quarter looks great. I’m expecting at least 90 cents per share based on the 50 percent of days already reported at 25K for the MR’s. It looks like the balance of 50 percent of days could be filled at 35K which would mean a doubling of revenue from Q1. This could go on for some time.
  • M
    Mark
    STNG reported Q2 numbers for MRs at 30K for 44 percent of days. Also added
  • J
    Jordan
    Why the 5% drop AH anyone please ?
  • Y
    Yahoo Finance Insights
    Ardmore Shipping is up 6.60% to 5.98
  • L
    Lucas King
    MASSIVE order are coming in at the close, huge volume. Large institutions on the move again🤑🚀☀️Deposit this sell off today, we had a very good week in this volatile market good volume at the close and A /Hs💯☑️
  • G
    GM
    $DHT conversation
    Crude/product tanker owners reporting enormous quarterly profits this week. Simultaneously, investors are dumping tanker stocks. See new FW story for details on what’s going on + latest analyst commentary: $DHT $EURN $INSW $FRO $NAT $STNG $ASC $TNP $NNA https://www.freightwaves.com/news/investors-dump-tanker-stocks-just-as-tanker-profits-soar
    Public tanker owners post impressive earnings on an ugly day for tanker stocks.
    Public tanker owners post impressive earnings on an ugly day for tanker stocks.
    www.freightwaves.com
  • B
    Brian
    $EURN conversation
    $EURN earning tomorrow. Own most vessels and undervalued oil tanker company. It will bring more positive sign for oil tanker industry. Stay strong $EURN $DHT $INSW $FRO $NAT $STNG $ASC $TNP $NNA
  • G
    GM
    $NAT conversation
    Tanker rates surprisingly resilient. One reason: negative vessel supply effect of drawdown of intentional floating storage is (so far) largely being offset by new unintentional floating storage due to escalating China congestion. See new FreightWaves story including data from VesselsValue and Kpler: $NAT $DHT $EURN $FRO $TOPS $STNG $ASC $INSW $TNK $TNP https://www.freightwaves.com/news/china-congestion-and-stubborn-storage-buoy-tanker-rates
    Most floating storage has yet to be unloaded while delays in China are mounting.
    Most floating storage has yet to be unloaded while delays in China are mounting.
    www.freightwaves.com
  • G
    GM
    $SSW conversation
    No one should be surprised by this, but narrative emerging from US-listed ocean shipping CEOs is that coronavirus downside is inherently finite, ergo market will overshoot to upside when coast is clear. See FreightWaves coverage of today’s $ASC and $DAC calls: https://www.freightwaves.com/news/public-shipping-execs-face-more-coronavirus-questions
    Earnings calls shed new light on how ocean shipping bosses view coronavirus crisis.
    Earnings calls shed new light on how ocean shipping bosses view coronavirus crisis.
    www.freightwaves.com
  • A
    A
    $FRO conversation
    $FRO coming next week! What a beautiful green day, finally! The true investors who saw *red* the past week &more), I stand with you!

    Forgive me if my values are not 100% correct, the point is ALL POSITIVE GREEN.

    Ticker Date Q1 EPS Dividends
    $ASC 5/5/20 0.20 EPS 0.00
    $DHT 5/5/20 0.44 EPS 0.00
    $STNG 5/6/20 0.82 EPS 0.10
    $NNA 5/6/20 0.94 EPS 0.30
    $INSW 5/7/20 1.12 EPS 0.00
    $EURN 5/7/20 1.05 EPS 1.10
    $DSSI 5/8/20
    $FRO 5/14/20
    $NAT 5/18/20 0.14
    $TNK 5/22/20
    $TNP 6/4/20
  • P
    Piotr
    $SHIP conversation
    Good morning fellow shipping magnates. Another good day for dry bulkers. Capesize index +9% to $33k a day. Brazil China route +9% to $33k a day. July FFA +5% to $43k a day
    August FFA +3% to $43k a day.

    $SHIP is the only USA listed pure Capesize play. Now SHIP owns 16 vessels up by 5 from Q1.

    Quick check what is the short volume ratio
    $SHIP 20.34
    $EGLE 13.04
    $DSX 13.33
    $SBLK 10.23
    $GNK 8.05
    $GOGL 6.40

    SHIP has the highest short volume and the higher the volume the more likely for the price to move violently up due to short sellers scrambling to cover their losing positions once the price goes higher (feedback loop).... and since we are seeing very strong shipping rates the stocks are well positioned to go higher. Also there is more and more interest in shipping. Recently M. Burry (Big Short 2008), George Soros and others invested in shipping.

    Feel free to share, copy paste on other channels.

    Dry bulk is the place to be.

    $BDRY
    $SB
    $NMM
    $EGLE
    $DAC
    $CMRE
    $ESEA
    $GOGL
    $DSX
    $SBLK
    $NAT
    $ZIM
    $STNG
    $FRO
    $GSL
    $EURN
    $GNK
    $DHT
    $TK
    $TNK
    $ASC
    $CTRM
  • G
    GM
    $EURN conversation
    Floating storage is far from dead in the water. Still building, should still be building into at least next month, then 6-12 months to unwind and get all tankers back to regular trading. See FreightWaves article RE: latest CEO comments, including $EURN and $INSW call quotes: $DHT $FRO $NAT $STNG $ASC $DHT https://www.freightwaves.com/news/floating-storage-is-far-from-dead-in-the-water
    There’s still too much oil in the world and tankers are still filling up with the overflow.
    There’s still too much oil in the world and tankers are still filling up with the overflow.
    www.freightwaves.com
  • G
    GM
    $DHT conversation
    Tanker stocks suffering from concerns over future inventory drawdown and the oil rises = sell tankers algorithm. New report from Webber Research highlights a longer-term investment thesis: tankers stocks as coronavirus relapse hedge. See new FW article on the report. $FRO $EURN $DHT $INSW $NAT $STNG $ASC $TNK $TK $TNP $XOM https://www.freightwaves.com/news/tanker-stocks-could-emerge-as-covid-19-relapse-hedge
    Shipping analyst Michael Webber sees tanker-stock upside if coronavirus recovery falters.
    Shipping analyst Michael Webber sees tanker-stock upside if coronavirus recovery falters.
    www.freightwaves.com
  • G
    GM
    $FRO conversation
    Earlier this year, CEO of $FRO bet analyst that VLCC tanker rates would not fall back to $20,000-30,000/day by end-3Q. If CEO loses, he promises to walk 300 miles between Bergen and Oslo. It increasingly looks like he may need a new pair of Nikes. See FreightWaves story here: $EURN $DHT $INSW $NAT $STNG $ASC https://www.freightwaves.com/news/tanker-pitch-goes-back-to-basics-as-floating-storage-fades
    Tanker owners increasingly point to upside to come after floating storage unloads.
    Tanker owners increasingly point to upside to come after floating storage unloads.
    www.freightwaves.com
  • J
    Jordan
    Where is this stock going ? Will it get to $8 ?
  • R
    Ram
    DHT Holdings, Inc.
    Crude tanker rates jump as more oil output 'fantastic news' https://seekingalpha.com/news/3549876?source=ansh $FRO, $NAT, $NNA, $NM, $NMM, $TNK, $TNP, $TK, $DSSI, $ASC, $SFL, $DHT, $EURN, $INSW, $GNK, $SB, $SBLK, $STNG, $SEA, $BDRY
    Benchmark Middle East-to-China tankers surged 12% to WS 54.58, the highest since Jan. 30 and equating to dayrates of $38,694, up 28% from Friday, Bloomberg reports, citing Baltic Exchange data.Other m
    Benchmark Middle East-to-China tankers surged 12% to WS 54.58, the highest since Jan. 30 and equating to dayrates of $38,694, up 28% from Friday, Bloomberg reports, citing Baltic Exchange data.Other m
    seekingalpha.com
  • A
    Anonymous
    Loading up on January 2.5 calls now at 55 cents while the stock is at 2.9. Should easily be at 3.5 or higher within the next 2 months