ASL Marine - UOB Kay Hian 2025-11-04: Deeply Undervalued As Turnaround Gains Momentum

• Initiate coverage on ASL Marine with BUY and a target price of S$0.33. We expect sustained deleveraging, margin stability and dividend resumption to catalyse a valuation re-rating. ASL Marine is a leading Singapore-based integrated marine services group with over 40 years of operations across shiprepair, shipbuilding, and shipchartering.
• - Read this at SGinvestors.io -
• Earnings recovery and deleveraging are on track with structural tailwinds.

Integrated marine platform with strong track record.

• - Read this at SGinvestors.io -
• Listed on the SGX Mainboard since 2003, ASL Marine operates from large-scale shipyards in Singapore and Batam, providing more than 4,000m of berthing space and over 300,000 DWT of dry-docking capacity.

Post-restructuring earnings recovery.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Price targets by other brokers at ASL Marine Target Prices.

Listing of research reports at ASL Marine Analyst Reports.

Relevant links:
ASL Marine Share Price History,
ASL Marine Announcements,
ASL Marine Dividend Payout Dates & Corporate Actions,
ASL Marine News