CAO

Investing ideas

Cashed-up CAO a direct exposure to China’s aviation market

Cash balance as of the end of 2022 was equivalent to two-thirds of CAO’s market cap.

Broker's Calls

PhillipCapital starts coverage of China Aviation Oil with a 'buy' and $1.01 target price

As at end of 2022, CAO held net cash of around US$308 million, which is equivalent to nearly two-thirds of its current market cap

Results

CAO holds 1HFY2023 earnings steady despite lower revenue

CAO shares closed at 95 cents on Aug 8, up 2.72%.

Broker's Calls

KGI reiterates 'buy' call on China Aviation Oil

KGI sees "promising recovery" in aircraft movement at Shanghai Pudong International Airport

Results

CAO reports lower earnings for FY2022 but sees recovery ahead

CAO plans to pay a final dividend of 1.6 cents.

Results

CAO reports lower earnings despite higher turnover

CAO maintains a “cautiously optimistic outlook” for the current FY2022.

Results

CAO’s earnings up 33% on higher trading volumes

SINGAPORE (July 28): China Aviation Oil posted a 32.8% growth in earnings to US$23.6 million ($32 million) for 2Q16, compared with the earnings of US$17.8 million in 2Q15.
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Hot Stock

China Aviation Oil gets SGX query for unusual trading activity

SINGAPORE (May 18): Singapore Exchange is asking China Aviation Oil to disclose any information or explanation for the unusual trading movements of its shares.
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