China Aviation Oil

Investing ideas

Cashed-up CAO a direct exposure to China’s aviation market

Cash balance as of the end of 2022 was equivalent to two-thirds of CAO’s market cap.

Broker's Calls

PhillipCapital starts coverage of China Aviation Oil with a 'buy' and $1.01 target price

As at end of 2022, CAO held net cash of around US$308 million, which is equivalent to nearly two-thirds of its current market cap

Results

CAO holds 1HFY2023 earnings steady despite lower revenue

CAO shares closed at 95 cents on Aug 8, up 2.72%.

Broker's Calls

KGI reiterates 'buy' call on China Aviation Oil

KGI sees "promising recovery" in aircraft movement at Shanghai Pudong International Airport

Broker's Calls

RHB remains ‘neutral’ on China Aviation Oil as uncertainty prevails

RHB Group Research has maintained a “neutral” rating on China Aviation Oil (CAO) with an unchanged target price of $1

Results

CAO reports lower earnings despite higher turnover

CAO maintains a “cautiously optimistic outlook” for the current FY2022.
Broker's Digest: China Aviation Oil, Hyphens Pharma, UG Healthcare, BHG Retail - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: China Aviation Oil, Hyphens Pharma, UG Healthcare, BHG Retail

See the analysts' recommendations and target prices here.

Broker's Calls

955 Brokers' Digest

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Broker's Calls

Maintain ‘buy’ on CAO amid expected improvements in China domestic traffic: RHB

RHB Research have maintained their “buy” call on CAO amid expectations of improved domestic air traffic
953 Brokers' Digest - THE EDGE SINGAPORE

Broker's Calls

953 Brokers' Digest

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