China Aviation Oil (CAO)

'Buy' CAO on compelling valuation, near-term surge in China’s domestic travel: RHB - THE EDGE SINGAPORE

Broker's Calls

'Buy' CAO on compelling valuation, near-term surge in China’s domestic travel: RHB

RHB Group Research analyst Shekhar Jaiswal have remained positive on China Aviation Oil (CAO) as he keeps “buy” with an unchanged target price of $1.30 on the counter.

China Aviation Oil valued at over $1.30 by analysts on undervaluation, earnings recovery - THE EDGE SINGAPORE

Broker's Calls

China Aviation Oil valued at over $1.30 by analysts on undervaluation, earnings recovery

Analysts from DBS Group Research and RHB Group Research have maintained “buy” on China Aviation Oil (CAO) with higher target prices of $1.38 and $1.30 respectively, from $1.20 and $1.27 previously.

CAO reports "hard earned" FY2020 earnings of US$56.2 million  - THE EDGE SINGAPORE

Results

CAO reports "hard earned" FY2020 earnings of US$56.2 million

Jet fuel supplier China Aviation Oil has reported earnings of US$56.2 million for FY2020, down 43.7% from the preceding year, as the economic damage from Covid-19 comes to bear.

Brokers' Digest 969 - THE EDGE SINGAPORE

Broker's Calls

Brokers' Digest 969

Keppel REIT

Price target:
CGS-CIMB “add” $1.29
Maybank Kim Eng “sell” 90 cents
RHB Group Research “neutral” $1.20

With the worst for aviation sector behind, CAO is still undervalued: DBS - THE EDGE SINGAPORE

Broker's Calls

With the worst for aviation sector behind, CAO is still undervalued: DBS

DBS Group Research is keeping its “buy” recommendation on China Aviation Oil (CAO) with an increased target price of $1.38 from $1.20 previously.

Broker's Calls

RHB maintains 'buy' on China Aviation Oil on positive news flow

RHB analyst Shekhar Jaiswal has maintained his “buy” call on China Aviation Oil (CAO) with a higher target price of $1.25 from $1.15, representing yield of 4% according to his FY2020F estimates.

Investing ideas

These six stocks are poised for good yield, say Maybank Kim Eng analysts

Singapore’s stock market seems to have caught the Covid-19 bug with the benchmark Straits Times Index (STI) falling 1.4% to 2,534.6 points last week.

Broker's Calls

Surprise writ of summons unlikely to worsen slow year for China Aviation Oil

China Aviation Oil (CAO) was hit by a negative surprise on 28 July as it was served a writ of summons from Banque De Commerce Et De Placements SA, DIFC Branch.

Company in the news

China Aviation Oil refutes BCP's allegations of fraud with oil trader Zenrock

The Banque De Commerce Et De Placements SA (BCP) has sued jet fuel trader China Aviation Oil (CAO) over an alleged fraudulent deal with troubled Singapore-based oil trader ZenRock Commodities Tradi

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