[New post] DBS: Precious Shipping

alanyeo posted: " Still intact robust outlook Investment Thesis:Freight rates at 11-year high… The Baltic Exchange Dry Index (BDI) remained at its 11-year high. Similarly, the Baltic Exchange Handysize Index (BHSI) has also reached an 11- year high. We expect Precious " Respond to this post by replying above this line New post on Alpha Edge Investing DBS: Precious Shipping by alanyeo Still intact robust outlook Investment Thesis:Freight rates at 11-year high… The Baltic Exchange Dry Index (BDI) remained at its 11-year high. Similarly, the Baltic Exchange Handysize Index (BHSI) has also reached an 11- year high. We expect Precious Shipping's (PSL) time charter(TC) rate to surge 123% y-o-y to US$18,548/day/ship in FY21F from US$8,332 in FY20 […] Read more of this post alanyeo | August 10, 2021 at 4:45 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-2LW Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/10/dbs-precious-shipping/ Thanks for flying with WordPress.com