O B
@OriginalBraila
Followers
11,737
Following
462
Media
2,206
Statuses
13,159
Full time investor mainly in US & No listed shipping + Mining. Use Twitter to gather info, tweet info/views that concerns my own investments. Never advice.
🇬🇮 🇹🇭 🇭🇺 🇷🇴 🇸🇪
Joined February 2015
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
ORM BKK INTER CATWALK
• 160332 Tweets
裏金議員
• 123665 Tweets
True Way Of Worship
• 76710 Tweets
SB19 LIVE
• 56762 Tweets
JACK AND JOKER FLEXTALK
• 42134 Tweets
#ドラゴンボール超スーパーヒーロー
• 33693 Tweets
タリーズ
• 22556 Tweets
Mauritius
• 17866 Tweets
スタートライン
• 17316 Tweets
Chagos Islands
• 17206 Tweets
ピッコロさん
• 15017 Tweets
コータロー
• 13982 Tweets
チカッパ
• 11735 Tweets
イグナイター
• 11132 Tweets
Holdings ranked in size currently:
1. SEK/USD liquidity
2. Okeanis EcoTankers
3. Vizsla Silver
4. Sintana Energy
5. Goldsource/Mako
6. GoGold
7. Ero Copper
8. K92
9. Goliath Resources
10. Dundee PM
Very high liquidity after exiting TRMD/INSW (too early).
Sharpe ratio 12m 4.34
30
20
333
Largest holdings:
1. $OET
2. Africa Oil
3. Hafnia
4. d'amico international shipping
5. Panoro Energy
6. Vår Energi
7. $GSL
8. $ESEA
9. Northern Ocean
10. PetroNor
131% YTD measured in SEK, no leverage, options, shorting. 2022 best year since 2019. Sharpe ratio back over 4.
36
11
315
8 years of shipping for me, no leverage, no options, no shorting, return net after Swedish annual tax.
2023: 77%
2022: 115%
2021: 131%
2020: -4%
2019: 188%
2018: -5%
2017: 33%
2016: 100%
Managements, Dividends, ECO-ships are important for me. Working on a bit more diversification
43
0
301
I am mainly a shipping investor since a bit over 7y and likely to remain that for the rest of investing life. This is the 3y chart and the 10 largest nominal wins by name during that time. No leverage or options. Long only.
After a few months of slowness, it is now picking up.
33
19
241
Portfolio holdings in size order:
1. Torm
2. Okeanis
3. International Seaways
4. d'amico
5. Odfjell tankers
6. Hoegh Autoliners
7. Sintana Energy
8. Dundee Precious metal
23
1
214
Largest holding in order:
1. $OET, $ECO
2. $GGD
3. $VZLA
4. $AYA
5. $KNT
6. $VET
7. $SEI.v
8. $INSW
9. $MKO
10. $AOI
11. $ERO
12. $GOT.v
13. $TEN
14. $SOLG
15. $NCAU.v
16. $AEC
17. $GPAC.v
A snapshot in time & constantly adjusts/changes/being traded on the margin or more.
21
11
204
I am a shipping investor since 8 years. Shipping is what I am comfortable with because this is where I feel I know enough & it is where I get my large taxfree divs. Yes, mostly about tankers now but historically I move around between the subsectors. Pengar means Cash share.
10
9
182
This chart + the fact that gold is rapidly regaining its central bank reserve importance. There will be ups and downs but my belief is that we are in a multi-year trend not to be missed. I plan to have 15-30% of my portfolio in higher quality gold, silver, copper companies.
10
13
172
Above 100% return this year now in SEK.
Below is return since I started with shipping early 2016, joining
@Shipping_VIE
that spring
Learned a lot from J, especially the first years. Still a heavy user of their analytics every day.
No leverage, no options, no shorting.
#SHIPPING
17
3
174
Weird feeling, I am up 63% YTD without leverage or options but with a strong feeling having unusually many missed opportunities, trading mistakes and a feeling my holdings are lagging, being to cheap vs peers.
Lots of great investors out there to get inspiration from.
15
3
157
Due to all the excitement in the Red Sea I missed that I broke 100k% for the first time since the account start January 2006. (without leverage, options, incl annual tax)
Weird as I was quite unhappy with how the market treated my holdings as the week closed despite the nice ATH.
22
0
156
Largest holdings:
1. Torm
2. Okeanis
3. INSW
4. Mako/Goldsource
5. Dundee PM
6. Sintana Energy
7. DS Norden
8. Goliath Resources
9. Hafnia
10. Stainless Tankers
11. Aris Mining
12. Allied Gold
Did massive incr in cash (due to weak SEK+higher shares) now almost all re-invested.
8
7
153
According to my broker I am at ATH, my memory says it is still 0.8% or so from that... but +40% in SEK & almost that in USD is good, especially since we might very well be on the cusp of a big move in tankers
Largest holdings:
1. Okeanis
2. INSW
3. d'Amico
4. STNG
5. VLE
6. SEI
14
6
151
$OET $ECO my number one holding for so many years now and they keep delivering huge annual dividends in good and in bad times. Vastly superior management, vastly superior fleet and the market still doesn't value them like I do.
has all the links.
4
4
147
My largest holdings currently:
1. Okeanis Eco Tankers
2. Africa Oil
3. Kosmos Energy
4. Panoro Energy
5. Belships
16
6
140
We are now at the seasonally low point of tankers. August and September.
What comes next is the seasonally strongest part of the year, autumn and winter. There is not really any uncertainty about this. Only lack of enough knowledge in the market
$OET
$INSW
$DIS.MI
$STNG
$TNP
10
10
136
My subjective take on tanker management quality from the aspects mentioned in a previous tweet.
11
16
128
A few days ago, I promised my YTD number. In SEK it's 41%, in the strongest currency (USD) it would be more like 33%.
15
1
126
$OET
1.65 eps 1.5 usd div and great work so far on the difficult Q3...
Amazing Okeanis deliver again.
12
8
122
Perhaps I should publish a subjective list on the top 3 Quality companies in each Shipping subsector? In no order among the 3 to make it less controversial...
6
2
123
80% up YTD on my main account in SEK. Celebrating that with a continued ramp up of my contributions to Ukraine as it fights off Russian aggression.
11
1
121
Up 25% during the first quarter of 2024. However, some of that is the SEK recently falling a lot vs the USD. So in USD I am up 19%. The largest winners contributing 2024 to date are (ther is also a looser list but the top one there is only same size as the last on the win list)
14
4
121
Finally back to setting new ATHs. Key metric Sharpe Ratio at 4.79. My fathers account actually over 5 which I don't think I have seen before.
I currently hold ~30% portfolio weighting in my 3 key silver stocks: $GGD (CA) $AYA (CA) $VZLA (US, CA)
Largest holding $OET / $ECO
8
3
120
Solid numbers from Okeanis for both Q1 and Q2. $OET $ECO
It really is The premium company in large dirty tankers. There are other good companies as well but Okeanis and its managment is imo proven over time to be the best one.
4
5
119
I should have pointed it out before, but I do want to say thanks to for everything he adds to the shipping twitter community day after day.
From those that have met him I also hear only good things.
7
0
118
Follow me to understand why I bought more Valeura Energy last few days.
1. I have a favorite called Panoro Energy, below you can see Pareto fresh estimate how they 2024 will trade at P/E 2.2, probably with an assumption of 13k boepd.
MCAP 310 musd + debt 40 musd.
4
26
113
Okeanis Eco Tankers is systematically bringing down their financing costs.
My largest holding. Should have added more during the recent weakness. Still, a few summer months left that might give more opportunities before investors really start focus on upcoming seasonal strength.
🇺🇸 $ECO 🇳🇴 $OET
Okeanis Eco Tankers Corp. – New Financing Update
0
0
14
3
1
113
Okeanis Suezmax Nissos Sikinos and its sister ship Nissos Sifnos are both coming off 3y charters at 30K usd TCE. Recently the VLCC Nissos Despotiko came off a 3y 46k charter. All respectable during the tougher times but not now.
Okeanis is about to fire on all Eco Cylinders.
4
9
111
The question few really dares to ask..
If tanker rates are high now and demand for transport likely grows with China out of covid, while no new ships arrive 2023, 2024 & 2025 and most ships cannot speed up due to new regulations.
How High Can rates go?
11
15
109
The math would be as simple as shocking 5% of 20 billion usd for PEL83 is 1 billion usd vs $SEI.v mcap of something like 300 musd.
Not giving value for their carry on building the field and the other assets like the two Chevron, the Woodside, PEL79 etc
8
18
109
So if I understand it right, $STNG issues 1.8m free shares/year to mgt, currently worth 117musd
In a strong market (Q3, 2023) net income was 99.2musd, 399 musd annualized
Almost 30% of the days of a year goes to management and 70% goes to shareholders. Mgt also get fees, salary
12
6
109
This interview is A Must Listen. I put the start point at "Tankers" to help illustrate why I hold what I do below and why I am multiyear bullish. But all of the discussion is great and eductional.
I make big bets when I see great setups, still early here.
I am a shipping investor since 8 years. Shipping is what I am comfortable with because this is where I feel I know enough & it is where I get my large taxfree divs. Yes, mostly about tankers now but historically I move around between the subsectors. Pengar means Cash share.
10
9
182
8
7
108
1. EU puts unrealistic plans for renewal expansion
2. EU refuses to do longterm LNG deals that would expand LNG capacity
3. EU fails with the unrealistic plans, takes the LNG South Asia planned for
4. Poor countries have to use coal
5. EU cause world wide increased CO2 emissions
5
10
104
$ECO 😍
3
4
105
$SEI.v now 5% of my portfolio. It seems to me new investors are discovering the likely world's 2nd largest oil discovery in 30years (and likely growing) which is also in a country where you actually want to own such assets. Hopefully it breaks 1 C$ distinctly this week.
6
4
106
One of my goal as a shipping investor the coming decade is to be a part of attempts to remove shareholder unfriendly managements.
Managements that are not aligned with the minority and do not behave in a logical way to create value.
6
1
105
Dividends.
2016 I discovered shipping.
2020 I discovered Okeanis EcoTankers.
2023 the 5 year tanker bull market started (my best estimate).
6
3
104
Highest quality mgt based on proven actions:
1. Dry bulk: 2020Bulkers/Belships
2. Containers: MPC
3. Clean tankers: Hafnia
4. LPG: BW LPG
5. Dirty tankers: Okeanis/HUNT/FRO
6. LNG: Flex LNG
Subjective sure, but these are all Norwegian listed companies. Some have US listing
#TREND
6
7
102
A day made for selling some (and then some) in $INSW & $TRMD.
Congrats & don't be greedy is my message.
Now time for a nice dinner in town.
10
0
102
Insane start to 2024.
+20%
With a strong feeling there is more to come.
7
0
100
Innovative and superior to peers. And you still can buy them cheaper compared to normal peers at the seasonal low. A company I held since 2020 and likely will hold for many more years due to my and sector fundamentals. $ECO
$ECO $OET A perfect sample from Nissos Kea (LR4😜). Our 4 clean Vs are transporting 1.5x days worth of Europe’s daily diesel consumption!
4
8
164
4
2
101
Your typical kitchen in Gibraltar.. yes, been looking at houses today.
10
0
100
Well, I hope I helped some readers to avoid $EURN with my perhaps sometimes controversial tweeting that seemed to anger both Euronav shareholders and $FRO shareholders.
10
0
98
Okeanis Kimolos parked outside our living room. The photo doesn't do the ship or weather justice.
6
2
98
I want to raise the issue of how I look at ethics as a tweeter.
My goal is to not sell shares when I have tweeted positively near the level where I tweeted intraday (say 3-7% dep turnover)
IF it is a fairly illiquid stock, I don't act against the tweet message at all that day
4
2
97
I have bought more $OET today and actually bought some $FRO as well.
I think they both will have an excellent Q1 and an even better long term outlook.
7
0
96
I have made Vizsla Silver, $VZLA, my 2nd largest portfolio holding. I have gradually come to realize that it is the highest quality management and asset of the mining companies I picked when I realized it was time to re-enter the sector. Top quality imo.
Our vision is to become one of the world's largest high-grade silver producers.
Learn more about how we plan to get there in our latest
@BTVCeoClips
feature!
$VZLA.V $VZLA
#Silver
#Gold
0
10
35
6
6
96
John Fredriksen had a choice:
a) Buy middle aged Suezmax tankers (the OLD truth, get more DWT/$)
b) Buy ECO VLCC (the NEW truth, ECO as this bull market is different from previous ones due to regulations)
Ask yourself: Are you a smarter shipping investor than JF?
$DIS.MI $OET
5
2
94
Engines are starting up. GALP & CHEVRON will soon drill Sintana carried drillholes.
Summer (winter) is over...
Time for $SEI.v, a very important stock in my portfolio.
0
8
101
Spent the weekend reading an excellent
@Shipping_VIE
research article how yards have taken on more than they can deliver in time, seemingly choking on complex gas vessels that are massively delayed.
We will not be able to even replace VLCCs to stay even by 2030. Bullish 4 longer
1
9
93
$OET expected annual div/share in USD/year at various VLCC and Suezmax average annual rates. Multiply with 10.93 to get NOK/share.
If Ed Finley latest whisper on VLCCs is right we should be back at the 100k usd TCE level for $OET superior ECO VLCCs from US to Asia trips.
4
6
93
Hannisdahl on the coming years for tankers.
If this is anything close to what will happen (I fully agree with him) rates will go very high as utilization goes towards 100%.
For me this is the place to be given the lack of yard deliveries.
5
12
91
We are in the very beginning of a multiyear large tanker bull market. My best estimate is that 2023, 2024 and 2025 is high visibility as being excellent. That is 12 coming quarterly dividends from $OET.
My personal view is that we are going to see much higher rates and divs.
14
7
93
Most people I follow seem so short term oriented... I am thinking I will have good YEARS in companies like $OET and $STNG but almost everyone I read have traded out of Scorpio before todays report... clearly not believing in longer term tanker fundamentals the way I do.
13
2
93
Out of my $STNG position.
As good as the
@Shipping_VIE
interview with $DIS.MI management was, as bad was the interview with the $STNG one
I have overlooked a number of things as buybacks were strong and large divs on the table
With that basically off the table. Not attractive.
8
1
93
I have had great success in shipping in quite short time. A lot of that has been through very focused investments in companies & subsectors I know extremely well
It does make sense for me to diversify at least 20% away from shipping. It is after all only what I have added in Jan
9
1
89
If a ship can be used 25y, logically you have to replace 4% per year with newbuilds being delivered even with a zero growth in oil demand and longer distances created by more oil produced in the Atlantic region and more consumed in Asia.
4
7
88
As usual, my portfolio is long only, no leverage, no options and measured in SEK which means it is usually a bit lower in the strongest currency which is usually the USD.
Since start Jan 2006, up average 42.5%
6
1
88
Developing news story that could not be more under the radar while being super interesting for $SEI.v. Important pieces to the puzzle is clearly being added. Also note that Africa Oil clarified that Total starts with Two 180k FPSOs directly, not one as be written in some places.
3
5
88
Probably the most bullish for longer VLCC post I have seen in my life.
$OET $ECO $FRO $DHT $INSW
3
5
88
Is the market prepared for a likely 2 usd quarterly Q1 dividend (1.36 in Q4) and strong numbers for Q2?
$TRMD currently 33.40 usd in the US and 234 DKK in Denmark.
My guess is a strong month for the stock in front of us.
Q2=Full LR2 fleet capacity incl all the acquired ships.
6
3
88
It is quite extraordinary how much is going to happen the coming 8 months or so as we come out of Namibian winter. The newsflow will be intense.
2
4
87
So few understand this setup, instead they keep talking about their recent experience in containers.
It is great for small tankers, it is even better for large tankers.
My main vehicles are & will be $OET and $DIS.MI
Likely surprisingly many years from now.
What is the secret in the tanker market today?
Hint: Yards, and the never ending demand.
#Hafnia
#MikaelSkov
#tankers
#producttankers
#OOTT
Full episode:
8
7
74
5
9
86
I think we are about to see big moves in tanker stocks
Don't really know though why Copenhagen and Oslo listed stocks are so slow to react. Perhaps mainstream investors need to see rates move up which is a gradual process as existing transports take longer slowly creat shortages
6
0
86
Nissos Donoussa is fixed and Nissos Nikouria on +100k usd charter.
$OET
6
3
86
Gibraltar is back to being wonderful.. I am taking profits here and there, building a war chest... as the market has been kind to us.
4
1
84
The most bullish tanker text I have read I think. The mad dash to order container ships has... taken out all the major yards until end of 2023.
This is extraordinary good news.
7
11
83
I have to admit something... With options expiry likely causing pressure yesterday and the Red Sea situation seems quite clear for the coming months... I bought some $ZIM, It's a ZIM...
9
2
84
This is the best VLCC fundamentals illustration out there I have seen. From $FRO which is very promising as I guess we will be loosing the brilliant $EURN presentations.
@Shipping_VIE
should take note how the ECOs are separated out even though I usually use 2014 as cutoff.
4
11
84
So you mean that tanker bros will make even more money if the dark trade ships are removed from Venezuela and demand for normal ships increase even more as there are no longer sanctions... + more surplus oil in the Atlantic?? 🔥🚀 that would be nice...
Fucking tankers bros are already smug enough as it is, Venezuela having their sanctions lifted will make it unbearable fr fr 💀
10
3
69
5
1
83
2023 was yet another New Year that I read intense warnings about staying in cash, staying out of the market.
I am not saying the market always goes up but I am saying that these calls are very often wrong and I would have missed out on some of my greatest years if listening
+30%
5
1
83
After further thinking about yesterdays Bloomberg article, I think it is a high probability Sintana Energy $SEI.v gets bought out. Or to be more specific, Custos holding 10-33%, mostly in various for carried interests in 5 huge Namibia offshore Petroleum Exploration Licenses PEL
5
4
84
Perhaps worth putting as a separate tweet. My latest update on what I hold in order of size. As an investor and a trader there are continously small changes back and forward as I try to maximize return. But overall, not any major changes.
@derekcheungsa
1. Okeanis Eco Tankers
2. Scorpio tankers
3. International Petroleum
4. Panoro Energy
5. d'amico
6. Cenovus Energy
7. Valeura Energy
8. Northern Ocean
9. Sintana Energy
8
0
42
9
4
83
Imo, d'amico is doing everything right as of where we are right now. Continous buybacks ~70% of NAV is buying ECO MR product tankers at 70 cents on the the dollar.
MR/LR1 rates have also been high for quite a while now. Results should be good.
I now own over 1.2% of $DIS.MI
6
4
83
Chevron drilling PEL90 together with $SEI.V next to the PEL83 super discovery in Namibia should logically put Sintana on the radar to A LOT of US investors coming months.
This at the same time as we wait for details on GALP farm out and further drilling followed by Woodside news.
1
3
83
Key thing to understand: $STNG lower valuation vs $TORM is mainly due to consistent, massive underperformance quarter after quarter in TCE rates achieved.
Despite having a higher proportion of ECO ships.
To only watch P/NAV when valuing companies is HIGHLY questionable.
4
0
82
Top 4 holdings.
1. $OET
2. $STNG
3. $PEN
4. $DIS.MI
5. $TEN (Tsakos)
Nr 1 & 2 are a lot larger than 3, 4 & 5.
7% below ATH from last year.. and to be clear, I Think... the setup is very good currently for a big run & harvesting...
But... only time will tell.
6
4
82
The tanker large dirty tanker orderbook is the best in shipping. $OET has the best ECO fleet and together with Frontline the most capable management.
Weakish Q4 VLCC numbers have given us a large share price drop as the US listing is around the corner.
3
0
80
Since becoming almost only a shipping investor Jan 2016.
Despite no leverage, no options and... no tin...
Some energy stocks lately though...
11
1
81
My largest holding by far, expect total silence from me however around the report though, as I have eye lense replacement surgery 15h before
Okeanis Eco Tankers (NYSE: $ECO / OSE: $OET), report Thursday, May 16, 2024, webcast will be held at 13:30 CET.
13
1
81
I have had $OET as a major holding for over 4 years now
In June $SEI.v celebrate 2 years in my portfolio
So while I trade a lot in my holdings, I often stay loyal for longer with great companies
PM now:
1. Vizsla Silver
2. Goldsource Mines (Mako)
3. GoGold
4. Goliath resources
@OriginalBraila
Thanks as always for your transparency. I was looking at your top PM stocks. Do you figure a lot of those are longer term holds (1-3) years?
0
0
0
9
3
80
ATH both yesterday (Sintana) and today (Okeanis). Been a while since the last one January 30.
Torm that is not really performing as I expected. Probably the shares paid for ships finding their way to the market.
3
0
79
If you think it is too late to buy large ECO tankers then you are betting againts John Fredriksen that think now is the time to bet big.
If you choose older companies over ECO, you are again taking the opposite side of what JF chose from Euronav.
2
3
77
Largest mining holdings in size:
1. Vizsla Silver US/Canada
2. GXS/MKO Canada
3. Dundee PM Canada
4. GoGold Canada
5. K92 Canada
6. Goliath Resources Canada
7. Mag Silver US
8. Solgold Canada/UK
9. Aris Mining Canada/US
I am not done, expect things to continue to move around.
9
9
77
When silver falls from 31 to 29, and even if it would fall to 27 due to China saying it will stop buying gold for a while (to get the price to cool down to be able to buy more gold...) that isn't important.
It is only a sale and an opportunity if one believes in the fundamentals
3
7
78
How do shipping scams work?
1. List a foreign shipping Co in the US where regulation is non existant.
2. Get the right to issue new shares (without having to pressrelease, the US u know).
3. Scream that you are undervalued, get analysts to say the same and compare you to real Cos
6
7
78
A lot of serious investors imo are too sceptical. They lack enough capability painting a bullish case in their head and gets too overwhelmed with fretting about risks so that when something that is high probability to be great, they instead focus on their fears. Quite common imo.
2
2
76
$TRMD Torm CEO on the question why an investor should choose Torm over other peers (old
@Shipping_VIE
interview source):
2
0
76
$STNG, imo, is excellent value in the product tanker space currently.
I have therefore replaced a lot of my $HAFNI with Scorpio Tankers.
Another thought is that we could see some Russian products move to Asia and Asian products move to EU. Could $STNG LR2s get paid both ways?
11
5
74
I currently have 4 major holdings:
1. $OET
2. $VET
3. $PEN (Panoro Oslo)
4. $AOI
I decided to put my fears on Nigerian oil license renewal aside. A reason was feedback from people that know more than me
Also impacted that I find the stock so cheap only on other assets like VENUS
10
3
75
Interesting day. Someone sold me 19500 $ECO at 28 usd (+ various other stocks) because they suddenly thought that Israel has forgiven Hamas for October 7.
Very weird. Israel will go after Hamas terrorists until they are no more imo. If there is a break, that does not change.
4
0
74
I expected $INSW to become a better company from the perspective of capital return. This due to the risk that angry shareholders otherwise might side with John Fredriksen in the next vote.
That is now happening with 63% payment of EPS + good noise made.
I have increased in INSW
1
1
74