Q3 results

Since last post, Ocean Yield, Wilhelmsen, Weifa and Melhus sparebank have reported their Q3 results.

Ocean Yield continues their steady performance with increased dividend and more and more ships delivered to clients. Any news on the FPSO contract will probably push the stock up or down. 

Wilhelmsen is in the process of merging with Wallenius, and this process is expected to conclude in Q2 next year. Their Q3 results disappointed me, but with the merger they become more cost efficient. The stock price has gone from 19 to 27 in a short time. I will consider selling some at 35.

Weifa had their best result ever. 

I’m still waiting for results from BW Offshore. I have sold 2/3 of my holdings here, but I still expect good performance next year, after first oil on Catcher.

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