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Still a long road to recovery for small O&M firms

Published Sun, Oct 28, 2018 · 09:50 PM

    Singapore

    BARGAIN-hunting in the small capitalised offshore and marine (O&M) equity market appear to have returned as healthier oil prices lift the hopes of a recovery in the sector.

    Still, it is a rough ride ahead, so investors have to go beyond conventional financial analysis if they truly want to identify the winners from the losers in this downturn, analysts said.