Exchange: NASDAQ·Updated 07:34 PM EDT
TRMD logo

TRMD Torm Plc - Ordinary Shares - Class A

$40.00
$0.12
(0.30%)
Today
Closed $39.94
$0.06
(0.15%)
After Hours
EarningsNov 4
Mkt Cap$4.1B
Vol1.66M

About TRMD

TORM Plc engages in the business of transporting clean and dirty petroleum products. It operates under the Tanker and Marine Engineering segments. The Tanker segment focuses on the transportation of refined oil products such as gasoline, jet fuel, kerosene, and naphtha. The Marine Engineering segment includes developing and producing advanced and green marine equipment. The company was founded by Ditlev E. Torm and Christian Schmiegelow in 1889 and is headquartered in London, the United Kingdom.
29

Bearish Sentiment

How do you feel about TRMD?

TankerRay
$TRMD So no dilution from $TRMD. Just a temporary oversupply of shares for sale from a shareholder. We should recover rapidly.
6
spal4000
$TRMD The Institutional Takeaway: The market swallowed a $290M+ secondary offering in minutes and immediately pushed the stock $2.00+ above the deal price. Institutional demand is so starved for physical tanker exposure that it completely overwhelmed the block-trade discount. When the smart money buys a secondary above the deal price, they aren't trading a chart - they are buying the underlying ton-mile freight rates.
1
1
Zonata
$TRMD the Blkatic Clean Tanker Index is at least at a five years high. I'm surprised this isn't already over 40$. Q3 will be weaker than Q2, but Q4 will be very strong. Actually, Q4 might be their strongest quarter ever... which means a dividend of 2.7-3
2
UncleSteven
$TRMD Because people forgot the Houthis own the Red Sea. Or something about Iran offering the US a deal on Hormuz.
2
RichardGlobe
$TRMD i am here since 16 USD and added yesterday again. My best dividend play and top performer in my portfolio. Everything feels right here and maybe the path will guide us to 50 USD. Great 10% of my portfolio now
2
RichardGlobe
$TRMD i already doubled my initial investment here, but is this still a strong one for a more stable future ?
2
UncleSteven
$TRMD $TNK $NAT Yemen/Saudi operations are off to a good start. They will have to snuff out 100% of the hundreds of thousands of Houthis if they want to keep ships from being hit in desparation. How likely is that? How fast could that be done? It's dangerous out there on the Red Sea.
1
DARKP00L
$TRMD Torm plc announces pricing of secondary public offering of its class a common shares
1
QuantInsider
$TRMD is on fire, up 5.3% today and 10.8% over the last five days That’s a solid breakout for momentum chasers Seeing those 10/16 $40 call sweeps brings some bullish vibes But keep an eye out Oaktree’s 5M-share secondary last week is still in play That adds some supply and potential volatility It could cap upside if selling kicks back in Watch your position sizes and holding periods Stay sharp
1
UncleSteven
$TRMD For real. Red Sea psycho Houthi play. Saudis want US to attack Houthis. US agreed not to attack Houthis and Houthis agreed not to attack US shipping. US needs Saudi support with Iran. So... who do you think Trump will ultimately favor: the enemy or the ally? Mmm hmmm.
1

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