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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.
March 01, 2017
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.
February 17, 2017
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:
January 11, 2017
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).
January 10, 2017
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
January 06, 2017
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.
November 30, 2016
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
November 29, 2016
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.
November 28, 2016
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
November 22, 2016
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.
November 11, 2016