offshore & marine (O&M)

However, the group achieved a positive ebitda of $27 million for the 1HFY2023.

UOB Kay Hian's Adrian Loh has given Seatrium and YZJ both "buy" calls with respective TPs of 17 cents and $1.65.

Memories of the 2015–1016 downturn linger but industry players and analysts believe the current upcycle still has legs.

Analyst Adrian Loh has recommended “buy” on Yangzijiang, Keppel and SembMarine with target prices of $1.95, $6.94 and 11 cents.

Within the sector, Loh has kept “buy” on Sembcorp, Yangzijiang Shipbuilding and Keppel Corporation and "hold" on SembMarine.

Analysts from DBS and UOB Kay Hian have kept "buy" on Keppel Corp while OCBC has upgraded Keppel Corp to "buy" from "hold".

Viking Offshore & Marine posted earnings, or profit attributable to owners of the company of $71,000 in 1Q20 ended March, after posting a loss of $1.7 million in 1Q19.

SINGAPORE (May 30): OCBC Investment Research is maintaining its “hold” call on Sembcorp Marine (SMM) while lowering its fair value estimate to $1.60 from $1.77 previously upon slashing its price-to-book valuation from 1.6 times to 1.45 times.

SINGAPORE (May 30): Creditors of Swiber Holdings and its main subsidiary, Swiber Offshore Construciton (SOC), have approved a restructuring proposal which the group says will take it one step nearer to implementing a restructuring with equity investment f

SINGAPORE (Jan 4): OCBC Investment Research is maintaining its “buy” call on Keppel Corporation with a fair value estimate of $7.25 on expectations of a continued recovery in the offshore and marine (O&M) segment, as well as the group’s recent devel