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Broker's Calls

SembMarine is now looking cheap but beware of the risks: OCBC

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.

Results

AsiaPhos swings back to black with $0.1 mil in earnings for 3Q

SINGAPORE (Nov 2): AsiaPhos has reported $0.1 million in earnings for the third quarter ended Sept, compared to a loss of $0.6 million in the same period a year ago on higher revenue.

Broker's Calls

Seize the day with a beaten-down stock in the midst of sector recovery

SINGAPORE (Jan 16): OCBC Investment Research has upgraded its call on Ezion Holdings from “hold” to “buy” with a fair value estimate of 54 cents.

Results

Golden Agri-Resources swings back into profitability with 3Q earnings of US$220 mil

SINGAPORE (Nov 14): Golden Agri-Resources has swung back into the black with 3Q16 earnings of US$219.7 million ($311 million), on the back of higher crude palm oil (CPO) prices and deferred tax benefit.
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