FSL Trust

Results

FSL Trust reverses from net loss to report 3QFY2022 net profit of US$5.4 mil

The trust has contracted future revenue of up to US$30 million.
FSL Trust completes disposal of FSL Osaka, receives net sale proceeds of US$10.7 mil - THE EDGE SINGAPORE

Offshore & Marine

FSL Trust completes disposal of FSL Osaka, receives net sale proceeds of US$10.7 mil

Shares in FSL Trust closed flat at 8.5 cents on March 23.
PhillipCapital starts FSL Trust at 'buy' on unlocked value from current fleet - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital starts FSL Trust at 'buy' on unlocked value from current fleet

The brokerage's target price of 10.5 cents is pegged at 1.0x FY2022 P/B higher than its 10-year historic average of 0.34x.

Here are some companies sounding profit warnings

SINGAPORE (Feb 6): Yamada Green expects to report a net loss for 2Q17 and 1H17, mainly due to a decline in profit of its cultivation business, particularly shiitake mushroom business of which the cultivation of shiitake mushroom was impacted by typhoons a
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