Welcome!
China Aviation Oil (CAO)
Broker's Calls
With the worst for aviation sector behind, CAO is still undervalued: DBS
With the worst for aviation sector behind, CAO is still undervalued.
January 26, 2021
Broker's Calls
RHB maintains 'buy' on China Aviation Oil on positive news flow
The higher target price comes amid expectations of continued improvement in China’s aviation traffic in 2021.
December 03, 2020
Investing ideas
These six stocks are poised for good yield, say Maybank Kim Eng analysts
REITs and business trusts are expected to remain promising investment options, say Maybank Kim Eng analysts
August 24, 2020
Broker's Calls
Surprise writ of summons unlikely to worsen slow year for China Aviation Oil
CAO's profits were below expectations and fell 57% y-o-y.
August 21, 2020
Company in the news
China Aviation Oil refutes BCP's allegations of fraud with oil trader Zenrock
CAO has since sought legal advice from law firm Rajah & Tann, and says that the allegations by BCP are “entirely unmeritorious and misconceived”.
August 20, 2020
Broker's Calls
RHB downgrades China aviation oil with air traffic recovery delayed
Despite a strong balance sheet and attractive valuations, limited downsides means that investors should probably stay their hand.
August 13, 2020
Broker's Calls
China Aviation Oil gets a thumbs-up as air travel resumes
“We remain confident of China Aviation Oil’s return to earnings growth in 2021F,” asserts RHB analyst Shekhar Jaiswal.
July 07, 2020
Broker's Calls
China Aviation Oil a good proxy to recovering Chinese aviation traffic: RHB
China's aviation traffic is recovering and China Aviation Oil stands to benefit
June 12, 2020
Broker's Calls
China Aviation Oil remains good proxy to recovering Chinese aviation industry
China Aviation Oil still a 'buy' as China's aviation industry recovers
May 12, 2020
Broker's Calls
China Aviation Oil kept at 'buy' by RHB on diversification strategy, long-term growth prospects
Given CAO's zero debt balance sheet and significant net cash position (24% of its market cap), analyst Shekhar Jaiswal believes that the group is able to undertake a "sizable earnings-accretive acquisition."
January 21, 2020