Singapore Stock Market News

Pacific Radiance - Safety in shallow waters

StockFanatic
Publish date: Tue, 04 Nov 2014, 10:18 AM
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■ Long term charter contract showcases Group's resilience amid weaker oil price environment

■ 2H14 earnings to be weaker than 1H14 as margins normalise and subsea vessel utilisation eases

■ However, no significant change to topline driven growth trajectory in FY15

Maintain BUY with adjusted TP of S$1.34
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