Next Earnings report might be better than expected if these shipping rates continue:
1st January 2018 TCE rates ~$6,000/day
4th April 2018 TCE rates ~$4,000/day
2nd July 2018 TCE rates ~$6,000/day
1st October 2018 TCE rates ~$9,600/day
Yesterday 10th October TCE ~$20,600/day
From January 1 to October 10, the rates have increased by over 300% per day.
I am expecting a dividend increase within the next two months. (Assuming these rates hold and/or continue to increase).
With this dividend increase, investors will "discover" the NAT story.