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BRC Asia Limited
Broker's Calls
DBS starts 'buy' on BRC Asia on the back of recovery of the construction sector
DBS has given BRC Asia a target price of $2.40, which is based on a one year forward P/E of 8.2x.
June 08, 2022
Broker's Calls
Broker's Digest: CDL, BRC Asia, ST Engineering
See what the analysts have to say on these counters.
June 03, 2022
Broker's Calls
'Hold' BRC Asia on construction rebound, easing steel prices: SAC Capital
“We are, however, more concerned about the impact of a price decline.”
May 31, 2022
Broker's Calls
After doubling net profit y-o-y, BRC Asia to recover further: CGS-CIMB
The brokerage has upped its TP to $2.50 from $2.10 before.
May 13, 2022
Results
BRC Asia reports 108% y-o-y surge in earnings of $39.8 mil in the 1HFY2022
As at March 31, the group’s order book stood at $1.0 billion.
May 11, 2022
Broker's Calls
'Intact recovery' for building sector, BRC Asia top pick: CGS-CIMB
CGS-CIMB's top pick is BRC Asia for “its relatively attractive valuation and higher dividend yield”.
May 09, 2022
Broker's Calls
UOBKH adds MM2, SIAEC and Venture to its alpha picks; takes profit on BRC Asia and Yangzijiang
The analysts have given “buy” calls on MM2, SIAEC and Venture Corp with target prices of 12 cents, $2.80 and $22.80 respectively.
April 04, 2022
Results
BRC Asia reports profit after tax of $13.3 mil in 1QFY2022
As at end-December, the company’s order book stood at around $1.3 billion.
February 10, 2022
Broker's Calls
PhillipCapital keeps estimates on BRC Asia unchanged after increase in stake by Hong Leong Asia
PhillipCapital's estimates were unchanged as the proposed transaction is still pending regulatory and shareholder approval.
August 31, 2021
Results
BRC Asia sees 1H21 earnings fall 15% to $19.2 mil due to provisions for onerous contracts
The group has declared an interim dividend of 4 cents per share for the 1HFY2021.
May 05, 2021