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...
158 Views
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...
196 Views
Small Cap Update - Precious Shipping PSL
2Q22E earnings expected to increase 88% YoY and 18% QoQ, driven by strong freight rates. Upward earnings revision in 2022- 23E by 54- 115% reflects...
185 Views
PSL: Short-Term Outlook Is Lack of Interest, but Positive for Long-Term
We downgrade PSL to HOLD rating while trim target price to Bt16.0 (Previous TP:Bt21.20) derived from 1.5xPBV’22E, Asia-ex-Japan transportation...
302 Views
The Week That Was in ASEAN@Smartkarma - Bukalapak's Bank, Thailand Debt Restructurer, and Sea Ltd
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
309 Views