渤海轮渡股票讨论区

Bohai Ferry Group's low ROE and declining net income raise concerns. Despite retaining profits, the low ROE suggests investors may not benefit from reinvestment. Earnings shrinkage despite a normal payout ratio is puzzling, indicating other growth-hampering factors. Proceed with caution due to these mixed signals.

Core point：
1. The International Energy Agency forecasts that U.S. oil production will increase by another 950 Kb/d by 2023 while domestic oil demand remains virtually unchanged.
2. We expect more crude oil exports from the U.S. Gulf in 2023 but fewer incremental barrels from Europe.
3. As a result, we expect VLCCs to be less competitive in transatlantic trade, with Suezmax and Aframax regaining market ...