Precious Shipping Management

Management criteria checks 4/4

Precious Shipping's CEO is Khalid Hashim, appointed in Jan 1994, has a tenure of 30.42 years. directly owns 15.45% of the company’s shares, worth THB2.32B. The average tenure of the management team and the board of directors is 9.2 years and 13.3 years respectively.

Key information

Khalid Hashim

Chief executive officer

฿550.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	30.4yrs
CEO ownership	15.4%
Management average tenure	9.2yrs
Board average tenure	13.3yrs

Recent management updates

Recent updates

CEO

Khalid Hashim (71 yo)

30.4yrs

Tenure

฿550,000

Compensation

Mr. Khalid Moinuddin Hashim serves as Managing Director at Precious Shipping Public Company Limited since 1991. Mr. Hashim served as the Head of Shipping Department of Geepee Corporation Limited from 1984...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Khalid Hashim	MD & Executive Director	30.4yrs	฿550.00k	15.45% THB 2.3b
Gautam Khurana	Director of Finance & Executive Director	5.5yrs	฿550.00k	no data
Sirasa Supawasin	VP of Legal	12.9yrs	฿550.00k	no data
Wimonwan Jaysrichai	Vice President of Group Accounts	3.4yrs	no data	0.069% THB 10.4m
Khun Thepnapaplern	VP of Corporate Finance & Company Secretary	16.1yrs	฿4.25m	no data
Chandrasekhar Venkatraman	Director of Technical & Executive Director	1.4yrs	no data	no data

9.2yrs

Average Tenure

50yo

Average Age

Experienced Management: PSL's management team is seasoned and experienced (9.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Khalid Hashim	MD & Executive Director	30.4yrs	฿550.00k	15.45% THB 2.3b
Gautam Khurana	Director of Finance & Executive Director	5.2yrs	฿550.00k	no data
Sirasa Supawasin	VP of Legal	4.3yrs	฿550.00k	no data
Chandrasekhar Venkatraman	Director of Technical & Executive Director	1.4yrs	no data	no data
Kirit Chimanlal Shah	Director	17.2yrs	฿550.00k	no data
Khushroo Wadia	Director	5.2yrs	฿550.00k	no data
Chaipatr Srivisarvacha	Independent Chairman of the Board	13.3yrs	฿1.20m	no data
Kamtorn Sila-On	Independent Director	13.3yrs	฿1.08m	no data
Ishaan Shah	Director	13.3yrs	฿550.00k	no data
Pavida Pananond	Independent Director	13.3yrs	฿880.00k	no data
Nishita Shah	Director	21.8yrs	฿550.00k	0.036% THB 5.4m
Pensri Suteerasarn	Independent Director	4.3yrs	฿850.00k	no data

13.3yrs

Average Tenure

55yo

Average Age

Experienced Board: PSL's board of directors are seasoned and experienced ( 13.3 years average tenure).

Precious Shipping Management

Management criteria checks 4/4

Key information

Recent management updates

Precious Shipping Public Company Limited, Annual General Meeting, Apr 05, 2024

Precious Shipping Public Company Limited Announces Appointment of Members of Sub-Committees

Less than half of directors are independent

Less than half of directors are independent

Precious Shipping Public Company Limited Announces Resignation of Ms. Lyn Yen Kok as Independent Director

Precious Shipping Public Company Limited, Annual General Meeting, Apr 04, 2022

Recent updates

New minor risk - Share price stability

Now 22% overvalued after recent price rise

Dividend of ฿0.10 announced

Precious Shipping Public Company Limited Announces Interim Cash Dividend No.1 for the Year 2024, Payable on 07 June 2024

Investor sentiment improves as stock rises 20%

First quarter 2024 earnings released: EPS: ฿0.26 (vs ฿0.05 in 1Q 2023)

Upcoming dividend of ฿0.05 per share

Precious Shipping Public Company Limited Approves Final Dividend for the 31 December 2023, Payable on 3 May 2024

Dividend of ฿0.05 announced

Upcoming dividend of ฿0.05 per share

Fourth quarter dividend of ฿0.05 announced

Precious Shipping Public Company Limited, Annual General Meeting, Apr 05, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Precious Shipping Public Company Limited Announces Interim Cash Dividend Payment, Payable on March 11, 2024

Precious Shipping Public Company Limited Announces Interim Cash Dividend Payable on June 14, 2023

Upcoming dividend of ฿0.05 per share at 22% yield

Precious Shipping Public Company Limited Announces Cash Dividend, Payable on December 8, 2023

Third quarter 2023 earnings: Revenues miss analyst expectations

New minor risk - Share price stability

Consensus EPS estimates fall by 61%

New major risk - Revenue and earnings growth

Upcoming dividend of ฿0.05 per share at 21% yield

Consensus revenue estimates decrease by 19%

Precious Shipping Public Company Limited Declares Interim Cash Dividend Payable on September 8, 2023

Price target decreased by 12% to ฿14.34

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 24%

Price target decreased by 8.1% to ฿16.27

New minor risk - Share price stability

Upcoming dividend of ฿0.05 per share at 17% yield

Precious Shipping Public Company Limited Announces Appointment of Members of Sub-Committees

First quarter 2023 earnings released: EPS: ฿0.05 (vs ฿0.83 in 1Q 2022)

Upcoming dividend of ฿0.25 per share at 13% yield

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: ฿3.11 (vs ฿2.87 in FY 2021)

Upcoming dividend of ฿0.50 per share

Price target decreased to ฿18.87

Less than half of directors are independent

Precious Shipping Public Company Limited Announces Interim Dividend for the Year 2022, Payable on December 9, 2022

Price target decreased to ฿19.18

Third quarter 2022 earnings released: EPS: ฿0.86 (vs ฿0.96 in 3Q 2021)

Price target decreased to ฿20.44

Upcoming dividend of ฿0.50 per share

Precious Shipping Public Company Limited Announces Interim Dividend or the Year 2022, Payable on September 12, 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations

Price target increased to ฿22.07

Upcoming dividend of ฿0.50 per share

Precious Shipping Public Company Limited Announces Cash Dividend

Consensus revenue estimates increase by 18%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Investor sentiment improved over the past week

Precious Shipping Public Company Limited Announces Resignation of Ms. Lyn Yen Kok as Independent Director

Upcoming dividend of ฿0.25 per share

Upcoming dividend of ฿0.50 per share

Precious Shipping Public Company Limited, Annual General Meeting, Apr 04, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Price target decreased to ฿19.48

Price target decreased to ฿20.64

Investor sentiment deteriorated over the past week

Price target decreased to ฿22.48

Upcoming dividend of ฿0.50 per share

Third quarter 2021 earnings released: EPS ฿0.96 (vs ฿0.014 loss in 3Q 2020)

Price target increased to ฿23.56

Investor sentiment deteriorated over the past week

Inaugural dividend of ฿0.50 per share

Second quarter 2021 earnings released: EPS ฿0.53 (vs ฿0.76 loss in 2Q 2020)

Price target increased to ฿20.82