Cosco Shipping Specialized Carriers Stock Forum

COSCO SHIPPING may be undervalued as its EPS growth exceeds its share price growth. Despite a drop in share price, a 10% annual gain has resulted in the past five years due to dividends. Long-term sustainable growth may make this sell-off a buying opportunity.

Although the firm's returns are below the industry average, the improving ROCE and positive stock performance indicate future promise. Understanding the course of ROCE within the broader financial context is critical.

Core point：
1. The International Energy Agency forecasts that U.S. oil production will increase by another 950 Kb/d by 2023 while domestic oil demand remains virtually unchanged.
2. We expect more crude oil exports from the U.S. Gulf in 2023 but fewer incremental barrels from Europe.
3. As a result, we expect VLCCs to be less competitive in transatlantic trade, with Suezmax and Aframax regaining market ...