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PACC Offshore Services Holdings (POSH)
Broker's Calls
This stock is set to ride capex recovery in oil & gas services
SINGAPORE (Feb 22): DBS is maintaining its “buy” call on PACC Offshore Services Holdings (POSH) as it sees green shoots appearing in the oil services sector.
February 22, 2017
Results
POSH’s 4Q losses more than double to $491 mil on impairments
SINGAPORE (Feb 21): Offshore support vessel operator PACC Offshore Services Holdings (POSH) reported 4Q16 net loss more than doubled to US$345.4 million ($491 million) from US$149.7 million in 4Q15.
February 21, 2017
Broker's Calls
POSH’s 2Q hit by project deferrals
SINGAPORE (Aug 4): DBS Group Research is maintaining its “hold” call for PACC Offshore Services Holdings (POSH) with a lower target price of 33 cents from 35 cents, after the oil & gas company reported disappointing 2Q results.
August 04, 2016
Results
POSH sinks into 2Q net loss of US$17.6 mil
SINGAPORE (Aug 2): PACC Offshore Services Holdings (POSH) sunk into a net loss in the second quarter as low oil prices and overcapacity in the industry hurt business.
August 02, 2016
Broker's Calls
PACC Offshore outlook ‘still dim’ despite floatel job: OCBC
SINGAPORE (July 1): OCBC Investment Research is maintaining its “hold” call for PACC Offshore Services Holdings (POSH) with a fair price estimate of 35 cents.
July 01, 2016
PACC Offshore to provide accommodation support for world’s largest offshore facility
SINGAPORE (June 24): PACC Offshore Services Holdings (POSH) announced Friday that its subsidiary, POSH Semco, has been awarded a contract by Technip Oceania to support Shell’s Prelude floating liquefied natural gas (FLNG) facility.
June 24, 2016