PACC Offshore Services Holdings (POSH)

SINGAPORE (Nov 8): DBS Group Research is keeping its “hold” call on PACC Offshore Services Holdings (POSH), and slashing its target price to 25 cents, from 32 cents previously.

SINGAPORE (May 8): PACC Offshore Services Holdings (POSH), the offshore marine services provider, saw 1Q net losses shrink 61% to US$7.2 million ($9.6 million) from US$18.57 million from a year ago.

SINGAPORE (Apr 4): DBS is downgrading its call on PACC Offshore Services Holdings (POSH) to “hold” from “buy” previously with a lower target price of 32 cents.

SINGAPORE (Feb 22): PACC Offshore Services Holdings (POSH) on Tuesday reported that 4Q17 losses has narrowed to US$193 million ($254 million) from US$345 million last year, on lower impairment and loss from joint ventures.

SINGAPORE (Feb 20): PACC Offshore Services Holdings (POSH) continued to be mired in red ink even as 4Q17 net loss narrowed to US$193 million ($254 million) from US$345 million a year ago on lower impairment and loss from joint ventures.

SINGAPORE (Nov 15): DBS Group Research believes PACC Offshore Services Holdings (POSH) in “the safer bet” to ride on the recovery of the offshore industry.

(Aug 30): For veteran seafarer Captain Gerald Seow, the lure of the ocean has always been irresistible.

SINGAPORE (Aug 2): DBS says PACC Offshore Services Holdings (POSH) is ready to ride the gradual upswing as the OSV (Offshore Support Vessels) market has bottomed out.

SINGAPORE (June 1): OCBC is maintaining its “hold” call on PACC Offshore Services Holdings (POSH) with a higher fair value estimate of 33.5 cents.

SINGAPORE (May 4): PACC Offshore Services Holdings has sunk into the red in 1Q ended March.