Bursa Malaysia Stock Watch
Maybank Research ups Tanjung Offshore earnings outlook
kltrader
Publish date: Fri, 15 Jan 2010, 11:09 PM
kltrader
0 20,639
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Written by Joseph Chin
Friday, 15 January 2010 08:37
KUALA LUMPUR: Maybank Investment Research raised 2010-11 earnings forecasts for Tanjung Offshore by 20%-33% and target price to RM1.45 on improving operating outlook.
It said on Friday, Jan 15 that consensus forecast is low as new orders are rising. New vessels are successfully chartered out at better rates and hiccups at its UK operations will soon pass.
The ability to refinance loans is a strong signal to its expansion plans.
'We have turned positive on TOFF. Recent job wins for 2010 suggest that order book replenishment has returned. The recent glycol dehydration job worth RM25 million is its fourth contract win for 2010,' it said.
More articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
2
4
save malaysia!
Visa-free travel to China extended for Malaysians to 30 days
5
6
7
BFM Podcast
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
