Singapore Stock Market News
Offshore & Marine - Tide is turning
StockFanatic
Publish date: Mon, 19 Mar 2012, 12:08 PM
StockFanatic
0 10,453
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
We see shoots of recovery for the offshore support vessel (OSV) sector as it emerges from oversupply. An influx of rigs is expected to intensify demand for OSVs. That said, the road to recovery may not be smooth, with variable positivity expected across regions and vessel classes.
Maintain Overweight. Valuations are undemanding as the sector is trading 8x forward P/E. Ezion is our top pick. We also raise our target price for STX OSV. Otherwise, all our stock ratings, earnings forecasts and target prices are intact.
OSV supply tightens
More articles on Singapore Stock Market News
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!
Latest Videos
Apps
Top Articles
1
CEO Morning Brief
Crypto Market Capitalisation Hits Record US$3.2 Tril, CoinGecko Says
2
RHB Investment Research Reports
3
RHB Investment Research Reports
4
SGX Market Updates
Goodwill Entertainment – Multi-Entertainment Provider – Debuts on SGX
5
RHB Investment Research Reports
First Resources - QoQ Earnings Decline Despite Stronger Output
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
