In its 2022 outlook strategy report dated Jan 6, PhillipCapital’s head of research Paul Chew has listed four themes he expects to see during the year. These are: inflation peaking and the easing of supply chain constraints; vaccines to bend mortality [rates]; modestly higher interest rates and a r...

CGS-CIMB expects BRC Asia to continue riding on the construction sector's recovery come FY2022, as the easing of border restrictions should see more foreign workers return to Singapore to alleviate the labour shortage situation.

CGS-CIMB expects BRC Asia to continue riding on the construction sector's recovery come FY2022, as the easing of border restrictions should see more foreign workers return to Singapore to alleviate the labour shortage situation.

UOB Kay Hian has added Sembcorp Marine and BRC Asia to its alpha picks portfolio on Dec 6. “We have added Sembcorp Marine as we believe that the current share price has already priced in most of the company’s negatives and the outlook for the offshore renewables and drilling sector has improved ...

UOB Kay Hian (UOBKH) has added Sembcorp Marine (Sembmarine) and BRC Asia to its alpha picks for the month of December, and removed Sea and iFast from the portfolio given the lack of share-price catalysts in the near term.

UOB Kay Hian (UOBKH) has added Sembcorp Marine (Sembmarine) and BRC Asia to its alpha picks for the month of December, and removed Sea and iFast from the portfolio given the lack of share-price catalysts in the near term.

THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 30):

Steel supplier BRC Asia has reported earnings of $47 million for the financial year ended Sept 30, up 131% y-o-y. Revenue in the same period was up by 91% y-o-y to $1,17 billion, thanks to higher sales volume with the pick-up in construction activities, coupled with higher selling prices in tandem w...

STEEL reinforcement solutions provider BRC Asia has posted a full-year net profit of S$47 million, up 131 per cent from a year ago, on improved sales volume and higher steel prices.

UOB Kay Hian analyst Llelleythan Tan has maintained his buy call on BRC Asia, but has lowered his target price from $2 to $1.76. In a Sept 23 report, Tan said that being the market leader in the supply of steel products in Singapore, BRC is set to benefit from the recovery in the construction sector...