The Panic-Proof Portfolio (Stockchase Research)Performance Shipping Inc.PSHGTOP PICKNov 18, 2025
Stockchase Research Editor: Michael O'Reilly
PSHG is a container shipment company based out of Greece. It has a pending offer to be purchased for $3 per share thru to mid-February 2026. It is a viable going concern -- trading at 2x earnings, under book value and supporting a ROE of 21%. Cash reserves are growing. Analysts see a $4 share price valuation -- so either way it offers good upside. We recommend setting a stop-loss at $1.75, looking to achieve $3.00 -- upside potential of 36%. Yield 0%
(A Top Pick Dec 30/25, Down 7.8%)Stockchase Research Editor: Michael O'Reilly
Our PAST TOP PICK with PSHG has triggered its stop at $2. To remain disciplined, we recommend covering the position at this time. When combined with previous guidance, this will result in a net investment loss of 8%.
We reiterate PSHG as a TOP PICK. They own 12 tankers that are leased out for multi-year terms. Tariffs have shifted trade routes creating a greater need for long haul ships, which bodes well as the company expects to receive two additional tankers early in 2026. It trades at 2x earnings, under book value and supports a 17% ROE. There is still an outstanding offer to purchase the company at $3 per share thru to mid-February. We recommend trailing up the stop (from $1.75) to $2.00 -- looking to achieve $3.00 -- upside potential of 28%. Yield 0%
PSHG is a container shipment company based out of Greece. It has a pending offer to be purchased for $3 per share thru to mid-February 2026. It is a viable going concern -- trading at 2x earnings, under book value and supporting a ROE of 21%. Cash reserves are growing. Analysts see a $4 share price valuation -- so either way it offers good upside. We recommend setting a stop-loss at $1.75, looking to achieve $3.00 -- upside potential of 36%. Yield 0%
(Analysts’ price target is $4.00)