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The Company is a Bermuda based shipping company engaged primarily in the ownership and operation of oil tankers, including oil/bulk/ore carriers.
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konno (97.21) Submitted: 7/17/08 12:59 PM : Start Price: $60.32 FRO Score: -10.95
Massive dividend yield, low current P/E, reasonable cash situation.Forward P/E doesn't look great, but this is a sound long-term pick assuming dividend yield stays consistent.
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