Knightsbridge Tankers Limited (NASDAQ:VLCCF)
CAPS Rating:
An international tanker company and its primary business activity is the international seaborne transportation of crude oil.
An international tanker company and its primary business activity is the international seaborne transportation of crude oil.
Recs
If a company can cease business today, sell the tangible fixed assets for 80% of depreciated cost, pay off all its debt and then distribute more than today's share price to its owners then that would seem to be a recipe for Graham's "satisfactory results". Knightsbridge Tanker is such a company.