Bank of America Securities released a research report sayingthisisvegas125freespins, maintains the "Buy" rating of Pacific Shipping (02343) and predicts that it will enter a profit recovery period this year and next. It hopes that the company will have strong cash flow generation capabilities, so it still believes that the dividend ratio this year can reach 70%, and the target price will be set from 3thisisvegas125freespins.1 Hong Kong dollars dropped slightly to HK$3.

The report stated that the company recently released operating data for the first quarter, and management expressed optimism about fundamentals during investor exchanges. However, based on the first quarter's performance slightly lower than the bank's forecast, the 2024 - 2026 profit forecast was lowered by 6% to reflect the expected decline in average rental income. Although the company announced a $40 million share repurchase plan, the bank still believes that Pacific Shipping still has room to pay a special dividend this year.