ENTITY
Precious Shipping

Precious Shipping (PSL TB)

39
Analysis
IndustrialsThailand
Precious Shipping Public Company Limited is a ship owner providing regional marine shipping services. The Company operates in the tramp freight market sector where its vessels are employed on a time charter as well as voyage charter basis. Precious Shipping has a network of shipping agents worldwide.
more
Refresh
24 Jun 2024 21:02Broker

Precious Shipping - Seasonal High in 3Q and Healthy Long-Term Cycle

We reinitiate our coverage on PSL with an Outperform rating and a 12M FV of Bt11.40, based on a required return of 8.52%.

Logo
156 Views
Share
02 Feb 2023 08:41Broker

Precious Shipping (PSL) - Entering High Season, but Long-Term Outlook Is Weak

PSL’s performance varies in line with global freight rates, which are expected to rebound in the short term after the sharp plunge in 4Q22

Logo
196 Views
Share
08 Nov 2022 11:42Broker

PSL : Demand for Dry Bulk Trading Should Remain Supportive

3Q22 net profit came out better than market and our expectation at Bt1.3bn (-10%YoY, -19%QoQ). YoY and QoQ decrease in earnings dragged by a drop...

Share
06 Oct 2022 11:15Broker

PSL : Demand Should Recover Firmly in 4Q22

We upgrade PSL with BUY rating and target price of Bt18.0. We anticipate a strong recovery in dry bulk freight rate in 4Q22 to 1Q23 following an...

Share
08 Aug 2022 16:01Broker

PSL : Rate Peak Has Surpassed

Maintain HOLD rating for PSL with target price of Bt18.0. We believe the net profit of Bt1.7bn reported in 2Q22 should be the peak quarter of this...

Share
x