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Cosco Shipping International (S)

Broker's Calls

DBS starts coverage of Cosco Shipping International with "hold" call, citing prospects in logistics

Cosco has a strong balance sheet to make acquisitions to expand its logistics business, says DBS analyst Paul Yong.

Results

Cogent reports 6% fall in 3Q earnings to $7.4 mil

SINGAPORE (Nov 27): Cogent, the logistics player that is the target of a takeover offer, reported a 6% fall in 3Q earnings to $7.4 million from a year ago on higher operating expenses.

Broker's Calls

Parent company throws Cosco Shipping a lifeline

SINGAPORE (May 8): DBS is maintaining its “hold” call on Cosco Shipping International (S) after the proposed buyout of shipyard units by its parent eliminates insolvency risk.
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