offshore & marine

Dyna-Mac and ASL Marine are mainboard listings while Jason Marine is listed on the Catalist board.

SINGAPORE (Aug 30): CGS-CIMB Research is maintaining “overweight” on the offshore & marine (O&M) industry while highlighting Sembcorp Marine (SMM) as its top “add” pick in Singapore with a target price of $2.52, based on 2.2 times CY18F price-to-b

SINGAPORE (Aug 4): DBS Group Research continues to like Sembcorp Industries as a proxy to ride the cyclical Offshore & Marine upturn which is also supported by a defensive utilities business.

SINGAPORE (July 20): Keppel Corporation has posted a 22.1% decline in earnings to $160.3 million for the second quarter ended June, from $205.8 million a year ago.

SINGAPORE (Aug 3): UOB Kay Hian is turning negative on the offshore and marine (O&M) sector, downgrading its rating to “underweight” on mounting liquidity pressure on the sector amid a prolonged downturn.