BW LPG Ltd: 1 director

Two Directors at BW LPG Ltd bought/maiden bought 3,000 shares at 10.000USD. The significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two yea...

ABGSC Shipping Daily 11 December

Mixed tanker markets, dry bulk down, LPG up, Shipping peer group trades at P/NAV 0.68x, AGAS: Target price adjusted after dividend, US fossil fuel export loosing momentum, down 3% y-o-y in October.

Target price adjusted after dividend

Short-term estimates down, still a HOLD

Q3 above, Q4 guidance below

EBITDA of USD 190m (79% vs. ABGSC, 43% vs. cons.). Q4 guidance slightly below cons, but timing of AGAS deliveries could matter. Share price up 2-4%.s

Avance Gas (Hold, TP: NOK111.00) - Fair value at BW LPG’s share price

We have updated our model for the announced sale of its four MGCs for USD282.4m and to account for the Q4 guidance. We arrive at a NOK111 NAV/share based on the current BW LPG share price, while we highlight a potential NOK128/share NAV based on our NOK205 BW LPG target price. We reiterate our HOLD and have raised our target price to NOK111 (109).

ABGSC Shipping Daily 28 November

Mixed tanker and dry bulk markets, LPG down, Shipping peer group trades at P/NAV 0.71x, Tanker spot rates down, seasonality not working, risk of Red Sea reopening, Dry bulk fundamentals remain solid, while Chinese steel demand also remains a worry, FRO Q3 review: No seasonal upswing cuts estimates,

It's been a great ride

Q3 in line, divesting the MGCs was the big news. Closing the business and paying out everything. TP of NOK 111 (114) – P/NAV 0.99x.

Winding down, paying out everything