PRM: Revising up Charter Rate for Floating Storage by 25% in 2Q20
We came out from the PRMâs conference call yesterday with positive tone given the companyâs fundamental that got a minor scratch from COVID-19...
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PRM: Lackluster Earnings Growth in 2021-22E, but Cheap Valuation
We came out from the PRMâs conference call yesterday with neutral tone given unexciting fleet expansion plan in 2020-21E together with...
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PRM: Plenty of Medium-Term Demand for Floating Storage Unit
We came out from analyst meeting yesterday with slight positive tone given higher-than-expected floating storage demand from IMO2020 while concern...
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PRM: 2H19 Outlook Remain Solid but Mostly Priced In
After analyst meeting yesterday, we are cautious about buildup of competition intensity in FSU market. Meanwhile, the management guided unexciting...
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PRM: Floating Storage Unit Drove 2Q19 Earnings to an All-Time High Level
PRM reported 2Q19 net profit of Bt283m (+43%YoY, +28%QoQ), Excluding FX gain item, core earnings was Bt245m (+12%YoY +8%QoQ), the highest level in...
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