Saga Tankers ASA : Q4 2015 financial results
OSE FILING Saga Tankers ASA: Q4 2015 financial results (Oslo, 19 February 2016) Saga Tankers ASA ("Saga", OSE: SAGA) reported a net asset value (NAV) of NOK 935 million at the end of the fourth quarter of 2015, corresponding to NOK 3.26 per share, excluding minority interests and with Vallhall valued at book value. During the year, Saga's available for sale portfolio and short term trading had a return of 100%. NAV per share increased approximately 58% in 2015. In the same period Oslo Børs Benchmark Index (OSEBX) gained approximately 6%. By the end of fourth quarter, Saga had a