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Swiber
Singapore banks can withstand losses from Asia’s O&G defaults: Fitch
SINGAPORE (Oct 11): Singapore banks are well positioned to withstand losses from Asia’s oil and gas defaults, says Fitch Ratings.
October 11, 2016
Singapore junk bonds slump as Swissco seeks restructuring
SINGAPORE (Oct 4): Singapore's junk-bond market is suffering its worst rout in at least four years as debt restructurings spread among shipping and oil-and-gas service companies.
October 04, 2016
How Singapore’s not-really-rich have been burned by Swiber bonds
SINGAPORE (Sept 20): When Elaine Tham signed an “accredited investor” form with her bank in Singapore two years ago, she took a fateful step toward losing all the money she had set aside for her children’s education.
September 20, 2016
Broker's Calls
Triyards' selloff ‘overdone’
SINGAPORE (Sept 13): UOB Kay Hian is upgrading Triyards Holdings to a “buy” saying its recent selloff was “overdone” and is now incorrectly trading at levels accorded to more troubled OSV companies.
September 13, 2016
Singapore property sector provides shelter amid bond market volatility
SINGAPORE (Sept 8): S&P Global Ratings says Singapore’s real estate sector is expected to withstand the current volatility in the local currency bond market, even as the Swiber collapse in August fuelled public fears over more such occurrences.
September 08, 2016
Broker's Calls
Swiber’s blowout unlikely to capsize banks
SINGAPORE (Sept 8): Oil and gas player Swiber’s spectacular financial meltdown appears unlikely to significantly affect local banks, with UOB Kay Hian maintaining its “overweight” on the sector.
September 08, 2016
Stocks To Watch
Oxley, Yanlord, Kingboard Copper Foil, Debao, Nico Steel, Swiber, AusGroup
SINGAPORE (Sept 5): Here are some stocks that could move the market this Monday morning:
September 05, 2016
Broker's Calls
DBS ‘at risk’ exposure remains low
SINGAPORE (Sept 2): Daiwa is reiterating its “buy” call with $22 price target for DBS Group Holdings as the research house believes the street’s post-Swiber earnings per share downgrades are overdone.
September 02, 2016
Broker's Calls
No respite for besieged O&M sector
SINGAPORE (Aug 25): Daiwa has maintained its “negative” outlook for the Singapore Offshore & Marine sector, as it turns more bearish than the general consensus on earnings recovery prospects of the Singapore O&M counters.
August 25, 2016