NRA Capital

Broker's Calls

The property developer with a potential 300% upside, according to Tayrona

SINGAPORE (Oct 31): Tayrona Financial believes Malaysia-based property developer Capital World, formerly known as Terratech Group, has a “compelling upside of almost 300%” amid "improving fundamentals that justify a rerating".

1MDB Watch

Kevin Scully allowed to hold shares of former NRA Capital after MAS appeal

SINGAPORE (Oct 10): Kevin Scully, the founder and former CEO of NRA Capital which has been renamed Tayrona Financial, is allowed to remain a shareholder of the financial advisory firm, the Monetary Authority of Singapore announced on Wednesday.

Broker's Calls

ISDN poised to keep growing on rise in adoption of robotic surgery systems

SINGAPORE (Aug 13): Tayrona Financial, formerly known as NRA Capital, is keeping its “overweight” call on ISDN Holdings with an unchanged fair value estimate of 32 cents, translating to an upside of close to 49% from its current trading price.

Broker's Calls

Serial System spin-off seen as positive

SINGAPORE (May 22): NRA Capital has an “overweight” call on Serial System with a fair value estimate of 24 cents ahead of the proposed spin-off of the group’s Hong Kong and China electronic components distribution business to list on the Hong Kong S

Broker's Calls

Outlook remains promising for Megachem even as margins face risks: NRA

SINGAPORE (Apr 30): NRA Capital likes Megachem as a proxy to broad economic growth, and values the counter at $67.9 million or at about 14.7 times FY18F PATMI.

Broker's Calls

New contract win could launch Addvalue into orbit: NRA

SINGAPORE (Apr 27): NRA Capital says Addvalue Technologies is likely to rake in some US$10 million ($13.3 million) in revenue from its first major commercial Inter-Satellite Data Relay System (IDRS) contract win earlier this week.

Broker's Calls

Does mDR warrant a second look ahead of expansion into new businesses?

SINGAPORE (Apr 24): NRA Capital says mobile phones distributor mDR could soon be more exciting, as it buys into future growth with a change in business direction.

Broker's Calls

Analysts bullish on ISDN Holdings with expectations of a stellar FY17

SINGAPORE (Feb 20): NRA Capital and UOB Kay Hian are maintaining their “overweight” and “buy” ratings on ISDN Holdings, respectively, with expectations of strong 4Q17 results from the integrated engineering solutions provider on the back of favour

Broker's Calls

NRA Capital sees Addvalue Tech's star rising with A*Star's help

SINGAPORE (Feb 8): NRA Capital says loss-making satellite communications player Addvalue Technologies could well be back on the growth track soon.

Broker's Calls

Promise of higher dividends mitigate currency risk for LY Corp, says NRA Capital

SINGAPORE (Jan 30): NRA Capital likes LY Corporation, the original design manufacturer of wooden bedroom furniture, for what it sees as a positive mix of growth and dividend plans to come.