Re: Darn it all!
.......I always look forward to your comments here! I am sure you noticed I didn't disagree with any of your comments because I don't believe them to be necessarily incorrect as they are still developing. I have like you for sure just listened to these management-types at SFL over the past few years and see that whatever they say will happen usually it does. They deliver. SFL has had close to $20.00 net income over the past 8years or so and have paid out $13.34 of it. They thought they would reduce the dividend in the first quarter to perhaps$.25 and it was reduced to $.30. They felt the cash sweep of the FRO tline vessels would give them $.20 a quarter and they got $.17. Sometime next year they will have paid down entirely the Seadrill Rigs. I find it hard to conceive they will carve out their container vessels in a market atmosphere we are currently in. I believe that SFL will tells us bad stuff if and when.