The Business Times
business-time-50

UOB Kay Hian initiates coverage on Jiutian Chemical with 'buy'

google-preferred-sourceAdd BT as a preferred source
Published Wed, Nov 4, 2020 · 09:50 PM

Singapore

UOB Kay Hian initiated coverage on chemical producer Jiutian Chemical Group with a "buy" rating, and a target price of 16 Singapore cents, in a research note published on Tuesday.

In the research note, analyst Clement Ho said that investors may have overlooked Jiutian's earnings potential, given the upswing in average selling price of one of its products, dimethylformamide (DMF), and depressed costs of major raw materials.

TRENDING NOW

Buntono is accused of possessing properties that, in part, represent his benefits from income tax evasion, including a Lamborghini Aventador similar to the one pictured.

Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering

Hong Kong youth no longer see a stable job and a lifetime of work as the only life goal – instead, they place greater emphasis on freedom and quality of life.

Not in education, employment or training: Why more Hong Kong youths are opting out of work

Koh Boon Hwee says humans have accepted that robots can take over the most repetitive, manual tasks, but are nervous about AI, which can also think.

With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee

Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

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