Oiltek International's Contract Win Set to Boost Order Book, Earnings -- Market Talk

Dow Jones

Apr 09

0228 GMT - Oiltek International's contract win is likely to boost its order book and earnings, UOB Kay Hian's Heidi Mo says in a report. Oiltek has agreed with Bioseaga Industries to build a sustainable aviation fuel plant in the Malaysian state of Sabah, the analyst notes. The contract, valued at roughly US$350 million, would boost the renewable energy solutions provider's order book fivefold and its 2027 earnings nearly fourfold, the analyst estimates. The brokerage lifts its 2027 earnings forecast for the Singapore-listed company by 187%. It raises its target price on the stock to S$2.78 from S$1.05 with an unchanged buy rating. Shares are 5.2% higher at S$2.02. (ronnie.harui@wsj.com)

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April 08, 2026 22:28 ET (02:28 GMT)

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Oiltek has agreed with Bioseaga Industries to build a sustainable aviation fuel plant in the Malaysian state of Sabah, the analyst notes. The contract, valued at roughly US$350 million, would boost the renewable energy solutions provider's order book fivefold and its 2027 earnings nearly fourfold, the analyst estimates. The brokerage lifts its 2027 earnings forecast for the Singapore-listed company by 187%. It raises its target price on the stock to S$2.78 from S$1.05 with an unchanged buy rating. Shares are 5.2% higher at S$2.02. 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Oiltek has agreed with Bioseaga Industries to build a sustainable aviation fuel plant in the Malaysian state of Sabah, the analyst notes. The contract, valued at roughly US$350 million, would boost the renewable energy solutions provider's order book fivefold and its 2027 earnings nearly fourfold, the analyst estimates. The brokerage lifts its 2027 earnings forecast for the Singapore-listed company by 187%. It raises its target price on the stock to S$2.78 from S$1.05 with an unchanged buy rating. Shares are 5.2% higher at S$2.02. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 08, 2026 22:28 ET (02:28 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HQU.SI","symbol_name":"Oiltek","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2626974444","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2626974444","pubTimestamp":1775701680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0228 GMT - Oiltek International's contract win is likely to boost its order book and earnings, UOB Kay Hian's Heidi Mo says in a report. Oiltek has agreed with Bioseaga Industries to build a sustainable aviation fuel plant in the Malaysian state of Sabah, the analyst notes. The contract, valued at roughly US$350 million, would boost the renewable energy solutions provider's order book fivefold and its 2027 earnings nearly fourfold, the analyst estimates. The brokerage lifts its 2027 earnings forecast for the Singapore-listed company by 187%. It raises its target price on the stock to S$2.78 from S$1.05 with an unchanged buy rating. Shares are 5.2% higher at S$2.02. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"HQU.SI":"Oiltek"},"translate_title":"Oiltek International赢得合同将提振订单量和盈利——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HQU.SI":1.5},"content_text":"0228 GMT - Oiltek International's contract win is likely to boost its order book and earnings, UOB Kay Hian's Heidi Mo says in a report. Oiltek has agreed with Bioseaga Industries to build a sustainable aviation fuel plant in the Malaysian state of Sabah, the analyst notes. The contract, valued at roughly US$350 million, would boost the renewable energy solutions provider's order book fivefold and its 2027 earnings nearly fourfold, the analyst estimates. The brokerage lifts its 2027 earnings forecast for the Singapore-listed company by 187%. It raises its target price on the stock to S$2.78 from S$1.05 with an unchanged buy rating. Shares are 5.2% higher at S$2.02. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 08, 2026 22:28 ET (02:28 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}