TORM plc: Double-Digit Yields And Attractive Discount To NAV (Rating Upgrade)
TRMDTORM plc(TRMD) Seeking Alpha·2024-11-12 20:30

Note: I previously covered TORM Plc (NASDAQ: TRMD ). In my previous take on TRMD, I pointed out the company's strengths: its fleet, balance sheet, dividend policy, and product tankers market catalysts. TRMD traded at 118% PNAV. Because of limited upside potential, I gave TRMD a HoldI am a voracious reader and self-taught investor. In the past, I was an accountant in the maritime industry. Now, I am a happy retiree passionate about writing and financial markets. As the kids are grown up, I have time to pursu ...