Civmec

Broker's Calls

Undervalued heavy engineering company from Down Under

SINGAPORE (Jan 19): KGI Securities Research is positive on the mid-long term outlook for Civmec as it expects growth to be supported by its good track record in Australia and a healthy balance sheet.

Stocks To Watch

Creative, GS Holdings, Civmec

SINGAPORE (Dec 19): Here are some factors and stocks that could move the market this Monday morning:

Civmec announces $85 mil investment in new Western Australia shipbuilding facility

SINGAPORE (Dec 16): Civmec, through its wholly-owned subsidiary Forgacs Marine and Defence, today announced its plans to develop a new shipbuilding facility in the Australian Marine Complex, Henderson, Western Australia (WA).

Stocks To Watch

POSH, Oxley, Civmec, CMC Infocomm,

SINGAPORE (Dec 14): Here are some factors and stocks that could move the market this Wednesday morning:

Results

Civmec reports 29% fall in 1Q earnings to $6.2 mil

SINGAPORE (Nov 8): Civmec reported a 28.8% fall in 1Q17 earnings to $6.2 million on lower sales and higher administrative expenses.

JV unit of Civmec wins wastewater treatment plant upgrading contract in Western Australia

SINGAPORE (Nov 7): Civmec, the Australia-based multi-disciplinary construction and engineering services provider, says a joint venture belonging to its subsidiary BCJV has jointly won a contract in the state of Western Australia.

Market Close

STI closes 0.9% lower at 2,828.27

SINGAPORE (Oct 26): Singapore stocks closed lower on Wednesday as earnings season gets underway and investors tread cautiously.

Stocks To Watch

SembMarine, Great Eastern, Civmec, Second Chance, Huationg Global, Sin Heng Heavy Machinery

SINGAPORE (Oct 26): Here are some factors and stocks that could move the market this Wednesday morning:

Civmec looks East, wins A$30 mil in contracts

SINGAPORE (Oct 25): Civmec, the engineering services provider for the oil and gas industry, has won contracts for major projects in New South Wales, Australia, to the combined value of A$30 million ($31.9 million).

Market Close

STI closes 0.56% lower at 2,869.47

SINGAPORE (Sept 30): Singapore stocks ended Friday and the week weaker at 2869.47 as news of hedge funds cutting their exposure to Deutsche Bank shook investors’ confidence.
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