Singapore Stock Market News
Mermaid Maritime - Solid results engenders confidence
StockFanatic
Publish date: Fri, 20 Nov 2015, 12:18 PM
StockFanatic
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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.
• Strong subsea utilisation, cable-lay contribution and discount on chartered-in fleet lift profit by 19% y-o-y
• Revising FY15/16 revenues and earnings upward to account for stronger-than-expected performance
• Contract wins and M&A could provide catalysts
• Maintain BUY with TP of S$0.27
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