- We initiate coverage on Pacific Radiance (PACRA, SGX:RXS) with a BUY recommendation and target price of S$0.06. We expect Pacific Radiance's earnings to jump in FY25e, backed by more than US$40mil of charter contracts, the construction of crew transfer vehicles, and increased scale in ship management operations. The restructuring of associate Logindo will further enhance the company's valuation.
- - Read this at SGinvestors.io -
Company Background
- - Read this at SGinvestors.io -
- Pacific Radiance currently operates three major businesses:
- Read more at SGinvestors.io.
Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.
Paul Chew Phillip Securities Research | https://www.stocksbnb.com/ 2024-09-27
Read also Phillip's most recent report:
2025-08-27 Pacific Radiance - On Cruise Control.Previous report by Phillip:
2025-03-17 Pacific Radiance - The Revival Is On Track.Price targets by other brokers at Pacific Radiance Target Prices.
Listing of research reports at Pacific Radiance Analyst Reports.
Relevant links:
Pacific Radiance Share Price History,
Pacific Radiance Announcements,
Pacific Radiance Dividend Payout Dates & Corporate Actions,
Pacific Radiance News
