Risk factor
Meaningful price volatility
Profitability factor
Very low or no dividends
About
Sincere Navigation Corporation, a shipping transportation company, owns and operates bulk cargo vessels in Taiwan. Its fleet includes dry bulk carriers, tankers, and woodchip carriers. As of December 31, 2019, the company had a fleet of 17 vessels, including 3 very large crude carrier tankers and 14 dry bulk vessels of various tonnages. It serves...
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value
Target Price
The average target price of 2605.TW is 29 and suggests 17% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de
Buy
Sell