NRA Capital

SINGAPORE (Nov 3): The recent buzz around logistics property companies has brought EC World REIT to NRA Capital’s attention. The REIT mainly invests in e-commerce, supply chain management and logistics properties in China.

SINGAPORE (Nov 3): NRA Capital is keeping its ‘overweight’ rating on Geo Energy Resources with a fair value estimate of 31 cents, despite its share price having almost doubled since the research house initiated coverage.

SINGAPORE (Nov 1): NRA Capital is maintaining its “overweight” call on Declout with a fair value of 34 cents after management outlined plans to grow its remaining businesses organically and inorganically to offset the revenue gap left by Acclivis with

SINGAPORE (Nov 1): NRA Capital says it is maintaining a positive view of Sino Grandness even as it notes that external allegations and the company’s high borrowings have depressed its share price, although there is no denying that there will always be r

SINGAPORE (Oct 28): NRA Capital has assigned a preliminary “overweight” rating to Sunright, with a fair value estimate of 48 cents. This represents a 41% upside based on its share price of 34 cents as at 3.41pm on Friday.

SINGAPORE (Oct 20): TEE Land’s 1Q17 results may be disappointing but NRA Capital expects other projects to boost earnings by as soon as 3Q as progress at its Third Avenue project catches up by year end.

SINGAPORE (Oct 14): NRA Capital has issued a “overweight” call on TEE International with a fair value of 34.5 cents given the group has declared its intention to expand into waste-to-energy projects.

SINGAPORE (Oct 5): NRA Capital has assigned an “overweight” rating to Pan-United Corporation with a fair value of 70 cents, following the company’s $29.92 million divestment of two wholly-owned subsidiaries in its tug and barge business.

SINGAPORE (Oct 4): NRA Capital is maintaining TEE Land’s “overweight” call with fair value of 33.5 cents after its acquisition of a Pasir Panjang property.

SINGAPORE (Oct 4): NRA Capital has calculated an indicative fair value of 69 cents for Sino Grandness Food Industry Group, following its Sept 30 announcement of its rights issue to raise minimum net proceeds of about $66.4 million at an issue price of 31