We maintain our 12m fwd TP of KRW135,000 (based on 12m Fwd BVPS and 0.95x target P/B) for KSOE. While we have reflected changes to total equity (i.e., change in base for the 12m fwd period as well as slight revisions to earnings forecast) and to cost of equity (i.e., change in the 1y monetary …
The...
https://www.hellenicshippingnews.com/ksoe-valuation-gap-to-narrow/