The Business Times
business-time-50

Brokers' take

Published Tue, May 14, 2019 · 09:50 PM

GSS Energy | Neutral (downgraded) May 14 close: S$0.082 Target price: S$0.08 RHB Research Institute, May 14

While revenue was maintained, margins narrowed to 16.1 per cent in Q1 2019 from 23.3 per cent in Q1 2018, mainly due to stiffer price competition, cost-down pressures from customers as well as changes in its product mix.

Going forward, margins should improve in subsequent quarters - albeit still lower than that of FY2018.

Brokers' TakeGSS EnergyUMS Integration

TRENDING NOW

The 1960s-era complex sits in the 24-hectare HarbourFront precinct, which is being redeveloped as part of the government’s vision to develop the Greater Southern Waterfront.

Prima to move out of historic Keppel Road flour mill building in 2028

From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

RHB highlights OCBC for its “all-round balance-sheet strength and earnings momentum”.

OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks

Players including foodpanda parent Delivery Hero and Deliveroo have withdrawn from markets in recent years, while Grab has announced its entry into new markets.

As Asia’s food delivery giants rejig the pie, who will win the market?

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More