68.06MMarket Cap1.24P/E (TTM)
0.047High0.046Low610.10KVolume0.047Open0.046Pre Close28.47KTurnover0.05452wk High0.17%Turnover Ratio1.45BShares0.02352wk Low0.038EPS TTM16.81MFloat Cap0.104Historical High1.42P/E (Static)357.62MShs Float0.010Historical Low0.033EPS LYR2.17%Amplitude--Dividend TTM0.72P/B100Lot Size--Div YieldTTM
PacificRadiance Stock Forum
$Mermaid Maritime (DU4.SG)$
Nam Cheong bottomed at 0.305. Now is 0.37. What a rebound!
$NamCheong (1MZ.SG)$ $Beng Kuang (BEZ.SG)$ $PacificRadiance (RXS.SG)$
Trade of the day: Pacific Radiance Ltd (SGX: RXS)
Analyst: Zane Aw
(Current Price: S$0.048) – TECHNICAL BUY
Buy price: S$0.048 Stop loss: S$0.044 (-8.33%)
Take profit 1: S$0.054 (+12.50%) Take profit 2: S$0.058 (+20.83%)
https://www.poems.com.sg/stock-research/technical-analysis/trade-of-the-day-pacific-radiance-ltd-sgx-rxs/
Beng Kuang Marine is set to exit from the watch-list on Oct 15. It may celebrate by rallying.
$NamCheong (1MZ.SG)$ $PacificRadiance (RXS.SG)$ $Mermaid Maritime (DU4.SG)$
Very close to the 0.50 I expected now.
$Mermaid Maritime (DU4.SG)$ $Beng Kuang (BEZ.SG)$ $PacificRadiance (RXS.SG)$
CGS CIMB reiterate their Add call, with an unchanged TP of S$0.20, based on 11x 2025F P/E.
They hosted MMT's management for a call with investors on 7 Oct 24. Postcall, they remain positive on MMT's fleet utilisation and order outlook.
Key investor questions were focused on the impact of oil prices on day rates, margin outlook and capex needs.
Management expects fleet utilisation to remain above 80% in 2025F, on the back of tight global vessel supply and higher oil pri...
OSV sector looks to be in play today.
$PacificRadiance (RXS.SG)$ $Beng Kuang (BEZ.SG)$
Phillip Securities has initiated coverage on Pacific Radiance with a BUY recommendation and target price of 0.06. Valuations pegged to the industry average of 8x PE. The offshore support vessel industry is enjoying a resurgence in charter rates from rising demand as global offshore capex recovers. Supply is constrained by an ageing fleet and a decline in shipyard capacity where vessel orders are only 3% of the existing fleet. Pacific Radiance is riding on higher charter...
Mermaid broke out the 0.168 resistance. It may rise to around 0.182.
$Nam Cheong (N4E.SG)$ $Beng Kuang (BEZ.SG)$ $PacificRadiance (RXS.SG)$
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