What is Pacific Basin Shipping Ltd ADR?
Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services in Hong Kong and internationally.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
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. The company is listed on the PINK in USA, operating in the Industrials sector, with a market capitalisation of 2.37B, and a P/E ratio of 23.7x.
A short list of Marine Shipping names that are close enough in size to make side-by-side comparison useful.