Sarine Technologies

Sarine Tech posts net profit of $2.6 mil for 3QFY21 - THE EDGE SINGAPORE

Results

Sarine Tech posts net profit of $2.6 mil for 3QFY21

The group's results were affected by the seasonal slowdown and uncertainties in the industry after the exceptional 1HFY2021.
Maybank Kim Eng ups Sarine Tech's TP to 94 cents on topline growth - THE EDGE SINGAPORE

Broker's Calls

Maybank Kim Eng ups Sarine Tech's TP to 94 cents on topline growth

Maybank Kim Eng has also increased its EPS estimates for the FY2021, FY2022 and FY2023 by 57%, 36% and 22%.
Sarine Tech reports surge in net profit to US$12.6 mil for 1H21 - THE EDGE SINGAPORE

Results

Sarine Tech reports surge in net profit to US$12.6 mil for 1H21

The company has declared an interim dividend of 1.5 US cents per share for the 1HFY2021.

Company in the news

Sarine's dual listing on Tel-Aviv Stock Exchange approved

Trading of Sarine's shares will begin on July 5, under the symbol SARN.

Company in the news

Sarine Technologies burnishes returns with turnaround and dual-listing move

For Sarine Technologies, diamonds are its best friend.
Maybank Kim Eng initiates 'buy' on Sarine Technologies on cyclical earnings uplift - THE EDGE SINGAPORE

Broker's Calls

Maybank Kim Eng initiates 'buy' on Sarine Technologies on cyclical earnings uplift

Maybank Kim Eng Research analyst Eric Ong has started “buy” on Sarine Technologies with a target price of 70 cents.
Sarine Technologies and Constell Group enter partnership to provide diamond pipeline best-in-class tech-based services - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Sarine Technologies and Constell Group enter partnership to provide diamond pipeline best-in-class tech-based services

Under the business model, Sarine Tech will be paid based on each stone processed, regardless of the technologies used.
Sarine Tech unaffected by current conflict in Israel - THE EDGE SINGAPORE

Company in the news

Sarine Tech unaffected by current conflict in Israel

Shares in Sarine Tech closed flat at 56.5 cents on May 21.
KGI keeps 'outperform' on Sarine with higher TP of 82 cents on strong 1Q21 results - THE EDGE SINGAPORE

Broker's Calls

KGI keeps 'outperform' on Sarine with higher TP of 82 cents on strong 1Q21 results

As at 12.56pm, shares in Sarine are trading flat at 57 cents, or 2.9 P/B according to KGI’s estimates.
KGI starts Sarine Tech at 'outperform' with TP of 49 cents - THE EDGE SINGAPORE

Broker's Calls

KGI starts Sarine Tech at 'outperform' with TP of 49 cents

The recommendation comes despite many positives on the counter.
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