Singapore investors have a habit of filing stocks away in old drawers.

Once a company is tagged a cyclical marine counter, many never return.

It does not matter if margins improve, debt falls or the business changes shape.

The market often remembers yesterday longer than it should.

That may explain why Beng Kuang Marine is drawing fresh attention after UOB Kay Hian initiated coverage with a Buy call and a 64 cent target price.

https://sginvestorsedge.com/beng-kuang-marine-is-no-longer-scrap-metal-uob-thinks-the-market-has-missed-it/