Sarine Technologies

SINGAPORE (Nov 16): Maybank Kim Eng is retaining its “buy” recommendation on Sarine Technologies, the manufacturer and retailer of precision technologies for the processing of diamonds and gemstones, at a lower price target of $1.97 from $2.01 previou

SINGAPORE (Oct 12): Maybank Kim Eng is maintaining Sarine Technologies at “buy” with a lower target price of $2.01 from $2.07 previously, after moderating its expectations of growth in the polished diamond segment.

SINGAPORE (Sept 5): Sarine Technologies registered strong revenue and earnings growth, as well as record deliveries for its systems in the last quarter. With the continued recovery in the diamond industry, this growth momentum looks set to extend into the

SINGAPORE (Aug 10): CIMB is maintaining its “add” call for Sarine Technologies, with a target price of $1.95. This comes as the company reported 2Q16 results that were deemed “in-line” with the research house’s FY16 forecast.

SINGAPORE (Aug 8): Sarine Technologies’ earnings for 2Q more than doubled to US$6.04 million ($8.13 million), or 1.73 US cents a share, from US$2.68 million a year ago.

SINGAPORE (July 8): Maybank Kim Eng is keeping Sarine Technologies on “buy” with a target price of $1.94 on the back of positive midstream profitability that continued to drive manufacturing activities.

SINGAPORE (July 5): Sarine Technologies, the manufacturer of equipment for the processing and evaluation of diamonds and gems, delivered a record 20 Galaxy family inclusion mapping systems in the second quarter ended June.

SINGAPORE (May 30): Sarine Technologies has acquired the technology and assets of DiaMining for US$1.2 million ($1.7 million).