Continue reading this on our app for a better experience

Open in App
Home Capital Broker's Calls

China Aviation Oil's FY18 prospects are encouraging despite lower margins, says Edison

Michelle Zhu
Michelle Zhu • 2 min read
China Aviation Oil's FY18 prospects are encouraging despite lower margins, says Edison
SINGAPORE (Apr 3): Edison Investment Research has lowered its fair value on China Aviation Oil (CAO) to $1.82 from $1.88 after the research house rolled forward its peer group and DCF-based valuations by a year.
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.