$PacificRadiance (RXS.SG)$$MarcoPolo Marine (5LY.SG)$ CGS Intl initiate coverage on RXS and 5LY as they think they are poised to benefit from their positions as ship charterers and yard owners as they will gain from tailwinds in oil & gas and offshore wind industries. They initiate coverage on: 1) RXS (TP: S$0.07; 1x 2025F P/BV), and 2) 5LY (TP: S$0.08, 9x 2026F P/E). - Global OSV fleet supply is 2-7% below the historical peak in 2015-17 due...
$NamCheong (1MZ.SG)$ OSV players may rally. For Nam Cheong, it may bottom around 0.395-0.40 and rise to resistance around 0.495. For Mermaid, it may have bottomed at 0.127. The MA5 crossed over the MA20. It may rise to around 0.144-0.15. For Beng Kuang, it may have bottomed at 0.205 and may rise to resistance around 0.25-0.26. For Pacific Radiance, it may have bottomed at 0.045 and may rise to resistance around 0.054. $Mermaid Maritime (DU4.SG)$$Beng Kuang (BEZ.SG)$$PacificRadiance (RXS.SG)$
PacificRadiance Stock Forum
Trade of The Day - Pacific Radiance Ltd (SGX: RXS)
Analyst: Zane Aw
(Current Price: S$0.051) – TECHNICAL BUY
Buy price: S$0.051 Stop loss: S$0.047 (-7.84%)
Take profit: S$0.060 (+17.65%)
https://www.poems.com.sg/stock-research/technical-analysis/trade-of-the-day-pacific-radiance-ltd-sgx-rxs-2/
$FTSE Singapore Straits Time Index (.STI.SG)$
$Beng Kuang (BEZ.SG)$ $RH PetroGas (T13.SG)$ $Rex Intl (5WH.SG)$ $FTSE Singapore Straits Time Index (.STI.SG)$
CGS Intl initiate coverage on RXS and 5LY as they think they are poised to benefit from their positions as ship charterers and yard owners as they will gain from tailwinds in oil & gas and offshore wind industries.
They initiate coverage on: 1) RXS (TP: S$0.07; 1x 2025F P/BV), and 2) 5LY (TP: S$0.08, 9x 2026F P/E).
- Global OSV fleet supply is 2-7% below the historical peak in 2015-17 due...
OSV players may rally.
For Nam Cheong, it may bottom around 0.395-0.40 and rise to resistance around 0.495.
For Mermaid, it may have bottomed at 0.127. The MA5 crossed over the MA20. It may rise to around 0.144-0.15.
For Beng Kuang, it may have bottomed at 0.205 and may rise to resistance around 0.25-0.26.
For Pacific Radiance, it may have bottomed at 0.045 and may rise to resistance around 0.054.
$Mermaid Maritime (DU4.SG)$ $Beng Kuang (BEZ.SG)$ $PacificRadiance (RXS.SG)$
$Mermaid Maritime (DU4.SG)$
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.
$Mermaid Maritime (DU4.SG)$ $Beng Kuang (BEZ.SG)$ $PacificRadiance (RXS.SG)$
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