PSL: Healthy Freight Rate Is Expected to Be Remained in 2022 and 2023
We anticipate TCE rate for small-medium ships (Handysize and Supramax) to stay at high profitable level throughout 2022-23E supported by an absence...
466 Views
PSL: Expect Core Earnings to Hit Another Decade High in 3Q21
We expect PSL to report 3Q21 core profit at Bt1,225m (+57%QoQ, recovery from a loss in 3Q20), the highest level in more than decade.
499 Views
Earnings Review: Precious Shipping Plc.
PSL’s earnings in 2Q21 were in line with our expectation thanks to the resumption of the TC rate, and we anticipate further improvement in 3Q21E
188 Views
PSL: Expect Core Earnings to Hit Another Decade High in 2Q21
We expect PSL to report 2Q21 core profit at Bt598m (+60%QoQ, recovery from a loss in 2Q20), the highest level in more than decade.
385 Views
PSL: Anticipate Demand for Seaborne Trade to Slow Down in 2Q21
We downgrade PSL with SELL rating as we expect dry bulk freight rates to drop in mid 2Q21 from a high base reported in 1Q21 while anticipating the...
528 Views