Pacific Basin Shipping — Is it the Right Time to Buy the Stock?

Sriram Balasubramanian
5 min readNov 14, 2021

Read my new analysis on one of the famous shipping stocks — Pacific Basin Shipping.

Source: Author’s creation / Canva

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One of the readers of my articles have asked to come out with an analysis on Pacific Basin Shipping (2343. HK), and if you haven’t read my previous article about Pacific Basin Shipping, please feel free to read it here:

When I last wrote about Pacific Basin shipping, the stock price was about HK$4.13, and I explained why to wait till a decent pull-back to enter to enjoy a rare-shipping ride. Let’s see where we are now based on charts.

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Sriram Balasubramanian

Building WIBE to enable people to trade stocks to generate consistent cash flow. I enjoy writing on Wealth of all types!