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China Aviation Oil (CAO)
Broker's Calls
Analysts hail CAO’s strong set of results for 1HFY2024
CGSI and Lim & Tan Securities' target prices are at $1.20 and $1.24 respectively.
August 23, 2024
Broker's Calls
Shipping and banks are biggest gainers for April, as equities are up 2.1%: PhillipCapital
Inflation hedges or high-interest rate beneficiaries are Singapore banks, the brokerage adds.
May 06, 2024
Broker's Calls
Brokers’ Digest: UOL, CAO, Food Empire, CSE Global, Sats, IHH Healthcare, Sheng Siong, First Resources, YZJ, Delfi, DHLT
See what the analysts have to say this week.
March 10, 2024
Broker's Calls
China Aviation Oil to enjoy further recovery: PhillipCapital and OCBC
CAO's bottom line was somewhat weighed down after it made an impairment of US$12 million
March 04, 2024
Broker's Calls
Brokers’ Digest: HRnetGroup, Nanofilm, Bumitama Agri, Venture Corp, CAO, Japan Foods, Genting, Pan-United, Tiong Woon
See what the analysts have to say this week.
February 29, 2024
Results
CAO reports higher FY2023 earnings with Shanghai leading gains; declares special dividend
Revenue dipped but earnings increased, thanks to better margins
February 29, 2024
Broker's Calls
Lim & Tan initiates ‘buy’ on CAO with TP of $1.20
“CAO now stands as a beneficiary of rising international air traffic and jet fuel demand in China," say the Lim & Tan analysts.
February 23, 2024
Broker's Calls
Brokers' digest: Jumbo Group, China Aviation Oil, Keppel DC REIT
See what the analysts have to say this week.
January 19, 2024
Broker's Calls
CGS-CIMB keeps ‘add’ on China Aviation Oil as it sees 2HFY2023 net profit to grow by 88% y-o-y
CAO is expected to report its results for the 2HFY2023 and FY2023 in the last week of February.
January 11, 2024
Broker's Calls
'Bumpy take-off' for China Aviation Oil has OCBC Investment Research lowering TP to $1.10
However, OCBC “awaits a more meaningful outbound travel recovery” with CAO’s big presence in China and market leader status.
August 14, 2023