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Frontline Plc V.FRO.UN


Primary Symbol: FRO

FRONTLINE PLC is a Cyprus-based company primarily operating in the transportation sector. The Company's main focus is on seaborne transportation of crude oil and refined products. The Company owns and operates a fleet consisting of multiple VLCC, Suezmax and LR2 / Aframax tankers intended for freight of oil and cargo. The Company operates worldwide.


NYSE:FRO - Post by User

Post by Martincaton Sep 04, 2020 8:58am
110 Views
Post# 31509419

FRO STOCK PRICE

FRO STOCK PRICEGraduating to the TSX would certainly help the stock to its truthful value...However not being there does not take away the value of the underlying assets, and the fact that it has proven immune to the pandemic, and that FRO is steadily growing its revenues and distributions. I also like the triple net lease business model....It is important to look at the company and not so much its stock price...I believe it is a good time to buy before it gets the attention of institutional investors as it is relatively cheap...I am long and buying more on dips...JMHO!
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