Welcome!
AusGroup
Results
AusGroup swings into full-year loss of A$193 mil
SINGAPORE (Aug 29): AusGroup, the provider of integrated service solutions to the energy, industrial and mining sectors across Australia and South East Asia, posted a loss of A$193.2 million ($198.8 million) for FY16. This compares to a profit of A$6.2 mi
August 29, 2016
Broker's Calls
No respite for besieged O&M sector
SINGAPORE (Aug 25): Daiwa has maintained its “negative” outlook for the Singapore Offshore & Marine sector, as it turns more bearish than the general consensus on earnings recovery prospects of the Singapore O&M counters.
August 25, 2016
Ausgroup wins contract for Shell-operated Prelude FLNG project
SINGAPORE (July 12): Ausgroup says subsidiary MAS Australasia has won a contract from Technip Oceania for the Shell-operated Prelude floating liquefied natural gas (FLNG) project.
July 12, 2016
Ausgroup extends slide by 3.4% after reporting breach of debt covenant
SINGAPORE (May 19): AusGroup shares are down by 3.4% on Thursday, extending the slide after announcing on Tuesday night it had breached a debt covenant with its noteholders. As at 3.41pm, shares of AusGroup are trading at 8.4 cents with 2.8 million shares
May 19, 2016
CIMB says oil services firms may stay in the doldrums
SINGAPORE (June 5): Oil services companies don't think better days are round the corner although global crude oil prices have firmed up recently, CIMB says in a note.
June 05, 2015