(EnergyAsia, January 28, Monday) — OCBC Investment Research Pte Ltd has rated the stock of Singapore-listed oil and gas engineering firm Federal International as a buy, despite lowering its fair value price to S$0.81 from $1.02 previously. (US$1=S$1.43).OCBC said weaker market sentiments around the world will increase volatility in share prices.As market and sector valuations…
SINGAPORE: OCBC analyst rate Federal International a buy, with fair value price of S$0.81
Posted on January 27, 2008 by EnergyAsia