Friday, January 21, 2011

PacShipTr US$ - Pacific Shipping Trust rated 'buy' by DBS

Stock Name: PacShipTr US$
Company Name: PACIFIC SHIPPING TRUST
Research House: DBS Vickers

DBS Vickers Securities in a Jan 20 research report says: "Revenue and operating profit in 4Q10 came in 2% q-o-q and 8% y-o-y lower, owing to more off-hire days arising from repairs to the 2 time-chartered vessels.


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