Pacific Radiance

Broker's Calls

Pacific Radiance kept on ‘hold’ amid debt overhang concerns

SINGAPORE (March 1): DBS Group Research is keeping Pacific Radiance on “hold” with an unchanged target price of 16 cents amid lingering concerns over its debt overhang.
Ezra Holdings

In print this week

Will Ezra go the way of Swiber?

SINGAPORE (Feb 17): Local offshore services provider Ezra Holdings is struggling to stay afloat as it faces mounting debt, defaults and a winding-up petition.

Stocks To Watch

QAF, Pacific Radiance, Old Chang Kee, Boustead Projects, Vard, ITE Electric

SINGAPORE (Jan 11): Here are some stocks that could move the market this Wednesday morning:

Pacific Radiance wins contracts of up to $98 mil

SINGAPORE (Jan 10): Pacific Radiance, the provider of integrated offshore marine support services, recently won contracts with options of up to US$68 million ($97.6 million).

Pacific Radiance sees offshore sector recovering in 2018, but more aid needed

Pang Yoke Min, executive chairman of Singapore vessel charterer Pacific Radiance, is indignant about recent media reports implying that he had knowledge of Swiber Holdings’ impending downfall when he sold shares in the company before it initially filed
Sembcorp

Broker's Calls

O&G sentiment could recover in 2H17, says OCBC

SINGAPORE (Nov 30): OCBC Investment Research believes the worst might be over for the oil and gas sector, with less downside risk than a year ago and most of the negatives having been priced in.

These stocks stand to celebrate a happy ending to 2016

SINGAPORE (Nov 29): As 2016 draws to a close, DBS Vickers Securities is shifting the spotlight on December as a crucial month for markets – particularly with key events such as the Organization of the Petroleum Exporting Countries (OPEC) meeting and Fed
Ezra Holdings

Broker's Calls

Two O&G companies that are poised to benefit from government-backed relief

SINGAPORE (Nov 28): DBS Group Research says Pacific Radiance and Ezra Holdings are two SGX-listed oil and gas players under its coverage that will likely qualify for and benefit the most from government-backed relief for the sector.
Pacific Radiance logo

Pacific Radiance files legal proceedings against shipyards for US$5.55 mil refund

SINGAPORE (Nov 22): Pacific Radiance’s 50%-owned joint venture (JV) company, CA Offshore Investment (CAOI), on Nov 18 issued two notices for arbitration in Hong Kong against Chinese shipyards Shanghai Waigaoqiao Shipbuilding & Offshore as well as China

Broker's Calls

Forecast: Strong headwinds and cloudy skies for this offshore stock

SINGAPORE (Nov 11): DBS is maintaining a “fully valued” call on offshore support vessel (OSV) and services provider Pacific Radiance with a target price of 12 cents, citing strong headwinds and deteriorating outlook.
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