China Aviation Oil

Broker's Calls

China Aviation Oil takes flight to record earnings

SINGAPORE (Nov 4): DBS Group Research has reiterated its “buy” recommendation for China Aviation Oil, after the jet fuel traded posted an unexpected 31% earnings growth to US$23.2 million ($32.2 million) in 3QFY16.

Broker's Calls

China Aviation Oil beats expectations to get an upgrade

SINGAPORE (Nov 3): RHB is upgrading China Aviation Oil (CAO) to a “buy” with target price of $1.61 after the jet fuel supplier announced forecast-beating results.

Results

China Aviation Oil reports 31% surge in earnings of US$23.2 mil

SINGAPORE (Nov 2): China Aviation Oil (CAO) posted impressive 3Q16 results, with earnings surging 31% to US$23.2 million ($32.2 million) as revenue soared 64.2% to US$3.9 billion.

Broker's Calls

Golden Week good as gold for China Aviation

SINGAPORE (Oct 13): UOB KayHian is maintaining its “buy” call on jet fuel supplier China Aviation Oil with an eye to stellar 3Q results and record FY16 profits, thanks to a boom in international travel and traffic at Shanghai PuDong airport during the

Broker's Calls

Seeking cash-rich small and mid caps

SINGAPORE (Oct 11): DBS Group Research is sticking to its investment strategy of seeking safe havens away from the risks arising from the US elections and Brexit.

Broker's Calls

Keppel T&T and Duty Free are UOB’s new Alphas for Oct

SINGAPORE (Oct 3): UOB Kay Hian has new conviction picks for its Alpha list for Oct, Keppel Telecommunications and Transport (Keppel T&T) and Duty Free International, both of which its analysts started coverage in Sept.

Results

CAO’s earnings up 33% on higher trading volumes

SINGAPORE (July 28): China Aviation Oil posted a 32.8% growth in earnings to US$23.6 million ($32 million) for 2Q16, compared with the earnings of US$17.8 million in 2Q15.

Broker's Calls

Soar with China Aviation Oil

SINGAPORE (July 12): UOB is maintaining its “buy” call for China Aviation Oil (CAO), with a target price of $1.85. This comes on the back of increased optimism arising from the group’s stake in the exclusive refueller for Shanghai Pudong Internation

China Aviation Oil off to a good start

SINGAPORE (July 8): DBS Vickers Securities is starting coverage of China Aviation Oil (CAO) with a “buy” recommendation and $1.62 target price.

Broker's Calls

Selective stockpicking in these uncertain times: UOB

SINGAPORE (June 22): Investors should stay selective when picking stocks in these uncertain times as the likelihood of more earnings downgrade is high, warns UOB Kay Hian in a Wednesday report.
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