energy

RHB is turning cautious on CPO prices, but keeps optimism on Wilmar - THE EDGE SINGAPORE

Broker's Calls

RHB is turning cautious on CPO prices, but keeps optimism on Wilmar

According to RHB, the main factor to watch out for is the weather.

SE Asia Stocks

Federal International (2000) secures $80 mil in new orders

SINGAPORE (Oct 1): Federal International (2000) says it secured five contracts amounting to a total of US$58.4 million ($80 million), the largest being a US$51.3 million five-year charter hire contract for Federal II, a floating, storage and offloading (F

Broker's Calls

Analysts in favour of Sembcorp Industries' latest UK acquisition for earnings & growth prospects

SINGAPORE (June 4): CGS-CIMB Research and DBS Vickers Securities are maintaining their “add” and “buy” calls on Sembcorp Industries as they like the group’s latest acquisition of UK Power Reserve (UKPR), the UK’s largest flexible distributed e

Broker's Calls

China Aviation Oil kept at 'buy' on positive growth outlook & compelling valuations

SINGAPORE (May 30): RHB Research is maintaining its “buy” call on China Aviation Oil (CAO) with an unchanged target price of $1.80 or 11.9 times FY18F earnings.

What's holding corporates back from investing in smart power?

SINGAPORE (Apr 11): Regulatory issues are currently present one of the biggest hindrances to smart power advancement, according to Baker McKenzie’s latest report.

Broker's Calls

Why Sembcorp faces limited threat from an open electricity market: OCBC

SINGAPORE (Mar 22): OCBC Research is maintaining its “buy” call on Sembcorp Industries (SCI) with a fair value of $3.59 despite further liberalisation of Singapore’s retail electricity market which brings higher competition along with it.

Results

Union Gas FY17 earnings fall 11.1% to $4.2 mil on higher admin expenses

SINGAPORE (Feb 27): Union Gas Holdings reported a profit of $4.2 million for the FY17 ended Dec 2017, down 11.1% from $4.7 million a year ago on higher administrative expenses.

Results

Federal International 2000 announces 41.7% lower FY17 earnings of $4.2 mil

SINGAPORE (Feb 26): Federal International (2000) reported a 68.9% decline in 4Q earnings to $1.1 million from $3.7 million a year ago on lower other income. This brings the group’s earnings for the full year to $4.2 million, down 41.7% from $7.3 million

Results

Keppel posts 30% rise in 3Q earnings to $292 mil; announces new urban solutions unit

SINGAPORE (Oct 19): Keppel Corporation has announced earnings of $291.8 million for the 3Q17 ended Sept, up 30% from $224.5 million in 3Q16.
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