China Aviation Oil (CAO)

Broker's Calls

China Aviation Oil kept at 'buy' by RHB on diversification strategy, long-term growth prospects

SINGAPORE (Jan 21): RHB Group Research is reiterating its “buy” call on China Aviation Oil (CAO) with a target price of $1.55, representing a 21% upside for the stock. 

Investing ideas

6 attractive small and mid cap stocks that KGI believes yield hunters should watch out for

SINGAPORE (Oct 7): KGI Securities has highlighted some small and mid-cap stocks that investors should consider adding to their portfolios.

COMMERCE

Sheng Siong wins again; CAO and Olam have highest returns and profit growth respectively

SINGAPORE (Sept 16): Supermarket chain Sheng Siong Group is the overall winner in the commerce sector for the second year running.

Investing ideas

Long-term growth story of China Aviation Oil intact; weaker 2Q results only a blip

SINGAPORE (Aug 15): China Aviation Oil (CAO) reported a 2.9% fall in 2Q19 earnings to US$28.4 million from US$29.3 million in 2Q18.

Broker's Calls

China Aviation Oil kept at 'buy' by RHB on long-term growth of China's aviation passenger traffic

SINGAPORE (June 11): RHB is reiterating its “buy” call on China Aviation Oil (CAO) with a target price of $1.60.

Broker's Calls

China Aviation Oil kept at 'buy' by RHB with air traffic growth

SINGAPORE (May 28): RHB Research says the decline in China Aviation Oil’s share price in the last one month is unwarranted.

Broker's Calls

China Aviation 1Q earnings in line with UOB KayHian and CGS-CIMB forecasts

SINGAPORE (Apr 29): China Aviation Oil’s (CAO) 1Q19 net profit came in line with the expectations of UOB KayHian and CGS-CIMB Research.

Results

China Aviation Oil's 1Q earnings fall 2.12% to $35.9 mil on lower revenue

SINGAPORE (April 25): China Aviation Oil (CAO) has announced 1Q19 earnings of US$26.3 million, down 2.12% y-o-y from US$26.9 million a year ago due to lower revenue.

Broker's Calls

More earnings drivers required for China Aviation Oil to be a 'buy', says RHB

SINGAPORE (Mar 1): RHB Research is remaining “neutral” on China Aviation Oil (CAO) after the group reported

Results

China Aviation Oil posts 23.9% increase in 4Q earnings to $25.2 mil

SINGAPORE (Feb 28): China Aviation Oil (CAO) has announced a 23.88% increase in its 4Q18 earnings to US$18.7 million ($25.2 million), compared to US$15.1 million in 4Q17, mainly from the reduction

Be informed of the stories that matter