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T. Boone Pickens on Natural Gas and Billionaires on 4 Transportation Stocks

October 14, 2013 | About:
Sally Jones

Sally Jones

49 followers
Guru T. Boone Pickens has been a long-time promoter of truckers and transporters converting to natural gas for fuel. Pickens recently told FOXBusiness,“It’s 30% cleaner than diesel, cheaper by two dollars a gallon…We have more natural gas than any other country in the world.”

With the trucking segment starting to convert to natural gas, here’s a sector watch on the transportation and logistics industry, currently listing nine companies out of 144 on a 52-week low. The low ratio is 0.06. The GuruFocus value screen for finding 52-week lows reveals these companies of interest; they have either a high yield or were significantly down from a 52-week high.

Note the high yields of Diana Containerships Inc. (DCIX) at 26.90% and Ship Finance International Ltd. (SFL) at 10.00%.

Highlight: Diana Containerships Inc. (DCIX)

The current DCIZ share price is $3.91, or 45.2% off the 52-week high of $7.13.

Down 31% over 12 months, Diana Containerships Inc., a global provider of dry bulk transportation services, has a market cap of $132 million, and trades at a P/E of 17.50 and a P/B of 0.70. The yield is 26.90%.

Guru Action: The sole guru stakeholder is Jim Simons as of the second quarter of 2013. He reduced his position by 22.88% in the second quarter, selling 55,800 shares at an average price of $5.32 per share, for a loss of 26.5%. His current shares of 188,100 represent 0.56% of shares outstanding.

His trading history shows eight quarters of losses. Overall, he averaged a loss of 37% on 457,131 shares bought at an average price of $6.23 per share. He also lost 33% on 269,031 shares sold at an average price of $5.86 per share.

Check out the other guru trading histories. There is no insider trading to report.

Historical share price, revenue and net income tracking:

1381773850167.png

Highlight: Ship Finance International Ltd. (SFL)

The current SFL share price is $15.59, or 13.3% off the 52-week high of $17.98.

Up 2% over 12 months, Ship Finance International Ltd. is a shipping and offshore support company, with a market cap of $1.45 billion, and trades with a P/E of 10.40 and a P/B of 1.20. The yield is 10.00%. The company’s numerous cargo, carrier, tanker and deep-water drilling assets include 32 oil tankers.

Guru Action: The top guru stakeholder, as of June 30, 2013, is David Dreman with 546,153 shares or 0.59% of shares outstanding after reduced his position by 12.01%. He sold 74,516 shares at an average price of $16.71, taking a loss of 6.7%.

His trading history shows six losing quarters. Overall, he averaged a loss of 8% on 620,669 shares bought at an average price of $16.97 per share. He also lost 7% on 74,516 shares sold at an average price of $16.71 per share.

Check out the other gurus holding SFL. There is no insider trading to report.

Historical share price, revenue and net income tracking:

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Highlight: Celadon Group Inc. (CGI)

The current CGI share price is $17.21, or 21.7% off the 52-week high of $21.99.

Up 3% over 12 months, Celadon Group Inc., a dry van truckload carrier, has a market cap of $406.5 million, and trades at a P/E of 14.80 and a P/B of 1.80.

Guru Action: The top guru stakeholder, as of June 30, 2013, is Chuck Royce with 841,600 shares or 3.63% of shares outstanding after reduced his position by 3.13%. He sold 27,200 shares at an average price of $18.61, taking a loss of 6.6%.

His trading history shows five years with plenty of gaining quarters. Overall, he averaged a gain of 112% on 75,000 shares bought at an average price of $8.19 per share. He also gained 20% on 1,424,900 shares sold at an average price of $14.49 per share.

Check out the guru stakeholder and very active insider trading.

Historical share price, revenue and net income tracking:

1381775173068.png

Highlight: Rand Logistics Inc. (RLOG)

The current RLOG share price is $4.83, or 34.6% off the 52-week high of $7.39.

Down 25% over 12 months, Rand Logistics Inc., a Canadian shipping company on the Great Lakes, has a market cap of $86.6 million, and trades at a P/B of 1.50.

Guru Action: There is no guru action to report. But check out this very active insider trading.

Historical share price, revenue and net income tracking:

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Use the GuruFocus Value Screen to find 52-Week Lows and discover potentially deep value stocks held by billionaire Guru investors.

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About the author:

Sally Jones
Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."

Rating: 3.5/5 (4 votes)

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