BRC Asia

PhillipCapital initiates 'buy' on BRC Asia, projects record profit for FY2021 and FY2022 - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital initiates 'buy' on BRC Asia, projects record profit for FY2021 and FY2022

PhillipCapital has started coverage on BRC Asia with a “buy” rating and a target price of $1.87
BRC Asia reports 24% lower 1Q21 earnings of $9.6 mil after provisions of $13.2 mil - THE EDGE SINGAPORE

Results

BRC Asia reports 24% lower 1Q21 earnings of $9.6 mil after provisions of $13.2 mil

1QFY2021 earnings per share (EPS) stood at 4.12 cents on a fully diluted basis.
UOB Kay Hian cites BRC Asia, Food Empire, Frencken and InnoTek as small-mid cap picks - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian cites BRC Asia, Food Empire, Frencken and InnoTek as small-mid cap picks

UOB Kay Hian analyst John Cheong has given all three “buy” calls with target prices of $1.88, 88 cents and 82 cents respectively.
A market worth your time and participation - THE EDGE SINGAPORE

Billion Dollar Club 2020

A market worth your time and participation

Our big congratulations to all the winners and our ecosystem.

Billion Dollar Club 2020

Overall sector winner Stamford Land leads in earnings growth as well

Stamford Land Corp beat the rest of the companies in terms of profit after tax growth.
 BRC Asia uses Covid-19 downtime to improve on products and services - THE EDGE SINGAPORE

Billion Dollar Club 2020

BRC Asia uses Covid-19 downtime to improve on products and services

BRC Asia uses Covid-19 downtime to improve on products and services
New Silkroutes Group and former executive director Oo under CAD probe - THE EDGE SINGAPORE

Management & Corporate Governance

New Silkroutes Group and former executive director Oo under CAD probe

Teho International named Oo's involvement in the CAD probes

Broker's Calls

BRC reinforces position in reinforced steel industry; medium-term recovery intact

CGS-CIMB has reiterated its “buy” call on BRC Asia with a lowered target price of $1.35 from $1.55. The recommendation comes despite a core net loss of $6.4 million recorded for the 3QFY19/20 ended June.

Covid-19 Solidarity Budget

Foreign worker levy rebates provide some relief, but retrenchments expected to spike

“This will be the highest retrenchments in Singapore’s history since independence – far worse than during the global financial crisis or Asian financial crisis.”

Stocks To Watch

Seeking Alpha in the Year of the Rat

Signs of a broader recovery in the global economy have led equity markets higher but yields and valuations of Singapore stocks continue to be attractive. Here's The Edge Singapore annual pick of 10 stocks to help you usher in a more prosperous Lunar N
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