What happened in markets this week, and what are analysts talking about? Marco Polo Marine •UOBKH; Maintain BUY with higher TP S$0.036 The House noted the rationalised oil & gas offshore support industry showing resilience over the COVID-19 pandemic. The House likes MPM for its lean operations and a successful transition to new revenue sources would […]

Rationalisation of the offshore service vessel industry, signs of recovery in the traditional oil and gas sector, and diversification to offshore renewables are providing a tailwind of recovery for listed Marco Polo Marine (MPM). UOB Kay Hian has noted these trends and upgraded the marine support services company’s stock to “buy”, with a target price […]

What happened in markets this week, and what are analysts talking about? Uni-Asia Group Limited •KGI; Maintain Outperform with higher TP S$1.42 The House thinks valuation are attractive amid the stronger than expected bulk carrier upcycle. The dry bulk carrier market is now at its highest since 2010. Uni Asia will be reporting its 1H results […]

One of the most covid affected industries is the entertainment industry, which includes live concerts, musical, theatre shows, and cinemas. As the title suggests, spotlight is on the cinema industry in this article. Singaporeans love going to the cinema, and we’ve got the numbers to back it up. We have one of the world’s highest […]

What happened in markets this week, and what are analysts talking about? Hyphens Pharma Intl Ltd •KGI; Upgrade to Outperform with higher TP S$0.43 The House thinks 1Q21 earnings for Hyphens looked promising after the Group delivered its highest ever quarterly sales in 1Q with a 6.3% profit margin as demand in Vietnam recovers. The Group […]