PacificRadiance Stock Forum

$PacificRadiance (RXS.SG)$ $MarcoPolo Marine (5LY.SG)$
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.
$Mermaid Maritime (DU4.SG)$ $Beng Kuang (BEZ.SG)$ $PacificRadiance (RXS.SG)$

$PacificRadiance (RXS.SG)$ this one like going chiong up. maybe new contracts coming.
$Mermaid Maritime (DU4.SG)$

$NamCheong (1MZ.SG)$
Nam Cheong bottomed at 0.305. Now is 0.37. What a rebound!
$NamCheong (1MZ.SG)$ $Beng Kuang (BEZ.SG)$ $PacificRadiance (RXS.SG)$

$PacificRadiance (RXS.SG)$
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/

$Beng Kuang (BEZ.SG)$
Beng Kuang Marine is set to exit from the watch-list on Oct 15. It may celebrate by rallying.
$NamCheong (1MZ.SG)$ $PacificRadiance (RXS.SG)$ $Mermaid Maritime (DU4.SG)$

$NamCheong (1MZ.SG)$
Very close to the 0.50 I expected now.
$Mermaid Maritime (DU4.SG)$ $Beng Kuang (BEZ.SG)$ $PacificRadiance (RXS.SG)$

$Mermaid Maritime (DU4.SG)$
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...

$NamCheong (1MZ.SG)$ $Mermaid Maritime (DU4.SG)$
OSV sector looks to be in play today.
$PacificRadiance (RXS.SG)$ $Beng Kuang (BEZ.SG)$