Shipping
BW LPG Limited
| Strategy | Weight | Market value | Unrealised P&L |
|---|---|---|---|
| AI Concentrated | 20.00% | 200 132 NOK | 0 NOK+0.00% |
| AI Equal Weight | 7.14% | 71 330 NOK | 5 180 NOK+7.83% |
| AI Momentum | 10.01% | 98 232 NOK | −306 648 NOK−75.74% |
| Date | Score | Rank | Confidence | Thesis |
|---|---|---|---|---|
| 25. mai 2026 | 75 | 2 | high | Exceptional +22.9% 20d return, at 85% of range, and +7.7% above MA signal a powerful LPG shipping cycle rally, though high Vol (20.9%) warrants caution. |
| 22. mai 2026 | 60 | 9 | medium | BW LPG offers an attractive dividend yield and benefits from firm LPG freight rates, though the fleet renewal programme adds capex uncertainty and spot rate volatility remains elevated. |
| 21. mai 2026 | 59 | 10 | medium | BW LPG benefits from resilient LPG shipping demand and fleet optionality via dual-fuel propulsion, though softening VLGC freight rates and Middle East supply uncertainty introduce near-term noise. |
| 20. mai 2026 | 55 | 10 | medium | BW LPG benefits from structurally firm LPG shipping rates and a strong dividend policy, but spot rate softness in recent weeks and fleet oversupply concerns temper near-term enthusiasm. |
| 18. mai 2026 | 61 | 10 | medium | BW LPG benefits from healthy LPG freight rates driven by U.S. propane export volumes and Middle East supply, though fleet age dynamics and potential rate softening in H2 2026 temper the outlook. |
| 15. mai 2026 | 58 | 10 | medium | BW LPG is supported by firm LPG freight rates and attractive dividend yield, though fleet oversupply concerns and seasonal softness in the coming weeks temper enthusiasm. |
| 14. mai 2026 | 55 | 12 | medium | BW LPG benefits from resilient LPG shipping demand tied to US propane exports, but spot rate volatility and fleet overcapacity risk in H2 2026 create a balanced risk-reward profile. |
| 13. mai 2026 | 55 | 10 | medium | BW LPG benefits from resilient LPG shipping rates supported by US propane export volumes, though fleet oversupply risk and spot rate volatility limit upside conviction over the next month. |
| 12. mai 2026 | 55 | 12 | medium | BW LPG benefits from solid LPG shipping demand driven by US propane exports and Asian petrochemical appetite, but spot rate volatility and fleet oversupply risk temper conviction to a moderate level. |
| 11. mai 2026 | 58 | 10 | medium | BW LPG benefits from healthy LPG trade flows and a strong balance sheet with substantial shareholder returns, though spot VLGC rates have softened from 2025 peaks, capping near-term upside. |
| 9. mai 2026 | 28 | — | LPG shipping rates cyclically elevated but mean-reverting. Spot exposure high; limited forward contract coverage adds earnings volatility. |
| Date | Strategy | Direction | Shares | Price | Net amount | Rationale |
|---|---|---|---|---|---|---|
| 25. mai 2026 | AI Concentrated | buy | 1 | 198 460 NOK | 198 559 NOK | Score 75 — Exceptional +22.9% 20d return, at 85% of range, and +7.7% above MA signal a powerful LPG shipping cycle rally, though high Vol (20.9%) warrants caution. |
| 25. mai 2026 | AI Momentum | buy | 143 | 210 NOK | 30 046 NOK | Score 75 — Exceptional +22.9% 20d return, at 85% of range, and +7.7% above MA signal a powerful LPG shipping cycle rally, though high Vol (20.9%) warrants caution. |
| 22. mai 2026 | AI Momentum | buy | 8 | 206 NOK | 1 646 NOK | Score 60 — BW LPG offers an attractive dividend yield and benefits from firm LPG freight rates, though the fleet renewal programme adds capex uncertainty and spot rate volatility remains elevated. |
| 21. mai 2026 | AI Momentum | buy | 9 | 200 NOK | 1 805 NOK | Score 59 — BW LPG benefits from resilient LPG shipping demand and fleet optionality via dual-fuel propulsion, though softening VLGC freight rates and Middle East supply uncertainty introduce near-term noise. |
| 20. mai 2026 | AI Momentum | sell | 18 | 195 NOK | 3 512 NOK | Score 55 — reducing weight (rebalance) |
| 18. mai 2026 | AI Momentum | buy | 13 | 189 NOK | 2 465 NOK | Score 61 — BW LPG benefits from healthy LPG freight rates driven by U.S. propane export volumes and Middle East supply, though fleet age dynamics and potential rate softening in H2 2026 temper the outlook. |
| 15. mai 2026 | AI Momentum | buy | 16 | 189 NOK | 3 033 NOK | Score 58 — BW LPG is supported by firm LPG freight rates and attractive dividend yield, though fleet oversupply concerns and seasonal softness in the coming weeks temper enthusiasm. |
| 14. mai 2026 | AI Momentum | sell | 31 | 191 NOK | 5 925 NOK | Score 55 — reducing weight (rebalance) |
| 13. mai 2026 | AI Momentum | buy | 178 | 188 NOK | 33 425 NOK | Score 60 — BW LPG is supported by structurally elevated LPG shipping demand from US export growth, though spot VLGC rate volatility and fleet oversupply concerns introduce short-term uncertainty. |
| 12. mai 2026 | AI Equal Weight | buy | 3 | 189 NOK | 568 NOK | Score 60 — BW LPG is supported by structurally elevated LPG shipping demand from US export growth, though spot VLGC rate volatility and fleet oversupply concerns introduce short-term uncertainty. |
| 11. mai 2026 | AI Equal Weight | buy | 1 | 70 077 NOK | 70 112 NOK | Score 60 — BW LPG is supported by structurally elevated LPG shipping demand from US export growth, though spot VLGC rate volatility and fleet oversupply concerns introduce short-term uncertainty. |
| 9. mai 2026 | AI Momentum | buy | 1 | 35 309 NOK | 35 326 NOK | — |