When Should You Buy Pacific Basin Shipping Limited (HKG:2343)?

Simply Wall St.10-07

While Pacific Basin Shipping Limited (HKG:2343) might not have the largest market cap around , it saw a significant share price rise of 30% in the past couple of months on the SEHK. While good ...

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While good ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/transportation/hkg-2343/pacific-basin-shipping-shares/news/when-should-you-buy-pacific-basin-shipping-limited-hkg2343\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>When Should You Buy Pacific Basin Shipping Limited (HKG:2343)?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhen Should You Buy Pacific Basin Shipping Limited (HKG:2343)?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-07 08:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/hk/transportation/hkg-2343/pacific-basin-shipping-shares/news/when-should-you-buy-pacific-basin-shipping-limited-hkg2343><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While Pacific Basin Shipping Limited (HKG:2343) might not have the largest market cap around , it     saw a significant share price rise of 30% in the past couple of months on the SEHK.   While good ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/transportation/hkg-2343/pacific-basin-shipping-shares/news/when-should-you-buy-pacific-basin-shipping-limited-hkg2343\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0300738514.USD","symbol_name":"TEMPLETON EMERG MKTS SMALLER CO \"A\"(USD) ACC","start_time":0,"source_url":"https://simplywall.st/stocks/hk/transportation/hkg-2343/pacific-basin-shipping-shares/news/when-should-you-buy-pacific-basin-shipping-limited-hkg2343","article_id":"2473112266","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/3231000-choice1-main-header/1585186848989"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2473112266","pubTimestamp":1728259541,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"While Pacific Basin Shipping Limited ( HKG:2343 ) might not have the largest market cap around , it saw a significant...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0300738514.USD":"TEMPLETON EMERG MKTS SMALLER CO \"A\"(USD) ACC","SG9999003461.SGD":"United Asia Pacific Infrastructure SGD","LU0049112450.USD":"FIDELITY PACIFIC \"A\" INC","SG9999002950.SGD":"United Asian Growth Opportunities SGD","BK1103":"海运","02343":"太平洋航运","SG9999011746.SGD":"PINEBRIDGE INTERNATIONAL FUNDS - ACORNS OF ASIA BA (SGD) ACC","BK1535":"港口运输股","LU0390135688.USD":"TEMPLETON ASIAN SMALLER COMPANIES \"A\" (USD) INC","LU1046422090.SGD":"Fidelity Pacific A-SGD","LU0390135506.SGD":"FTIF - Templeton Asian Smaller Companies A Acc SGD","LU0390135332.USD":"TEMPLETON ASIAN SMALLER COMPANIES \"A\" (USD) ACC","LU0300738605.USD":"TEMPLETON EMERG MKTS SMALLER CO \"A\" INC","SG9999001093.SGD":"United Greater China Fund A Acc SGD","LU1235295612.USD":"FIDELITY PACIFIC \"A\" (USDHDG) INC"},"translate_title":"您应该何时购买太平洋航运有限公司(HKG：2343)？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02343":1},"content_text":"While Pacific Basin Shipping Limited (HKG:2343) might not have the largest market cap around , it     saw a significant share price rise of 30% in the past couple of months on the SEHK.   While good news for shareholders, the company has traded much higher in the past year.     As a stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock.  However, what if the stock is still a bargain?  Today we will analyse the most recent data on Pacific Basin Shipping’s outlook and valuation to see if the opportunity still exists.     View our latest analysis for Pacific Basin Shipping  What's The Opportunity In Pacific Basin Shipping?  According to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average, the stock currently looks expensive.  In this instance, we’ve used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock’s cash flows. We find that Pacific Basin Shipping’s ratio of 20.47x is above its peer average of 7.94x, which suggests the stock is trading at a higher price compared to the Shipping industry.   If you like the stock, you may want to keep an eye out for a potential price decline in the future.  Given that Pacific Basin Shipping’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility.      What does the future of Pacific Basin Shipping look like? SEHK:2343 Earnings and Revenue Growth October 7th 2024 Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares.   Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations.    With profit expected to more than double over the next couple of years, the future seems bright for Pacific Basin Shipping. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.    What This Means For You Are you a shareholder? It seems like the market has well and truly priced in 2343’s positive outlook,  with shares trading above industry price multiples.  However, this brings up another question – is now the right time to sell?  If you believe 2343 should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed. Are you a potential investor? If you’ve been  keeping tabs on 2343 for some time,  now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the  optimistic prospect  is encouraging for 2343, which means it’s worth diving deeper into other factors in order to take advantage of the next price drop.   In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved.   While conducting our analysis, we found that Pacific Basin Shipping has 2 warning signs and it would be unwise to ignore them.    If you are no longer interested in Pacific Basin Shipping, you can use our free platform to see our list of over 50 other stocks with a high growth potential. New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2473112266"}