2343 Share Price Performance
HK$0
-2.28 (-100.00%)
Price HK$0
Fair ValueHK$3.06
Share Pricen/a
Narrative Update • Aug 07
Pacific Basin Shipping Limited Stock Price
- 4 Narratives written by author
- 1 Comments on narratives written by author
- 9 Fair Values set on narratives written by author
2343 Community Narratives
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Fair Value
·Fair Value HK$3.06 30.1% overvalued intrinsic discount
Pacific Basin Betting on Green Methanol for Future Growth
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AN
Fair Value
·Fair Value HK$3.7 7.5% overvalued intrinsic discount
Share Buybacks And Interim Dividend Will Shape Dry Bulk Market Outlook
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AN
Fair Value
·Fair Value HK$3.25 22.4% overvalued intrinsic discount
Fleet Oversupply And Trade Shifts Will Pressure Earnings Despite Efficiency Upgrades
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Pacific Basin Betting on Green Methanol for Future Growth
Pacific Basin sticks to the part of dry-bulk shipping it knows best, and it’s already preparing for tougher pollution rules by ordering ships that can run on cleaner fuel. With a big industry buyer building a large stake and limited new ships coming to market, the company could benefit if freight conditions stay firm—but the cycle can turn fast and new fuel bets can misfire.Read more
CC
HK$3.06
30.1% overvalued intrinsic discount
Fair Value
Revenue
4% p.a.
Profit Margin
4.3%
Future PE
24x
Price in 2029
HK$3.76
Share Buybacks And Interim Dividend Will Shape Dry Bulk Market Outlook
Pacific Basin Shipping sits in a dry bulk market where too many ships and softer demand could squeeze shipping prices, just as new trade rules and cleaner-fuel requirements push costs higher. The upside case hinges on whether its efficient operations, fleet upgrades, and shareholder payouts can help it stay steady through a choppy cycle.Read more
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HK$3.7
7.5% overvalued intrinsic discount
Fair Value
Revenue
4.57% p.a.
Profit Margin
5.44%
Future PE
22.71x
Price in 2029
HK$4.55
New Fuel Efficient Fleet And Minor Bulk Demand Will Support Stronger Earnings Quality
Pacific Basin Shipping is refreshing its fleet with newer, more fuel‑efficient ships just as demand for smaller bulk cargoes could stay steady, which may help it run more reliably than older rivals. But this bet depends on shipping rates holding up as more vessels enter the market and trade routes shift, and the company’s higher cash payouts could leave less room for mistakes in a downturn.Read more
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HK$3.8
4.7% overvalued intrinsic discount
Fair Value
Revenue
10.46% p.a.
Profit Margin
6.88%
Future PE
15.69x
Price in 2029
HK$4.7
Fleet Oversupply And Trade Shifts Will Pressure Earnings Despite Efficiency Upgrades
Pacific Basin Shipping is upgrading its fleet, but a wave of new ships across the industry could leave too many vessels chasing too little cargo and squeeze shipping rates. The bigger question is whether shifting trade routes and the company’s generous payouts leave it less prepared if conditions turn down.Read more
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HK$3.25
22.4% overvalued intrinsic discount
Fair Value
Revenue
2.13% p.a.
Profit Margin
5.64%
Future PE
20.69x
Price in 2029
HK$4
Trending Discussion
No trending discussion available.
Recently Updated Narratives
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Pacific Basin: Two Risks Resolved, Thesis Intact
Fair Value: HK$3.06 30.1% overvalued intrinsic discount
6 fair values setusers have set this as their fair value
1 commentusers have commented on this narrative
0 likesusers have liked this narrative
AN
2343: Fairer Pricing Will Rely On Interim Dividend And Buyback Execution
Fair Value: HK$3.7 7.5% overvalued intrinsic discount
1 fair value setusers have set this as their fair value
0 commentsusers have commented on this narrative
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2343: Share Repurchase Will Support Per Share Returns Despite Margin Pressure
Fair Value: HK$3.8 4.7% overvalued intrinsic discount
0 fair values setusers have set this as their fair value
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Snowflake Analysis
Pacific Basin Shipping Limited Key Details
About 2343
- Founded
- 1987
- Employees
- 4712
- CEO
- WebsiteView website
Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services in Hong Kong and internationally. The company offers shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap. It also offers shipping consulting, crewing, secretarial, ocean shipping, ship agency, and operation and management services. In addition, the company is involved in the vessel owning and chartering, and convertible bonds issuing activities. It has a fleet of 250 owned and chartered vessels, including 1 Capesize, 106 Handysize and Supramax/Ultramax vessels. The company was founded in 1987 and is headquartered in Wong Chuk Hang, Hong Kong.
