Stock Name: StraitsAsia
Company Name: STRAITS ASIA RESOURCES LIMITED
Research House: OCBC
Company Name: STRAITS ASIA RESOURCES LIMITED
Research House: OCBC
OCBC Investment Research in an Apr 6 research report says: "Straits Asia Resources (SAR), being a pureplay thermal coal miner, stands to benefit from coal price inflation. We have raised our FY2011 ASP assumption from US$82.50 per ton to US$90 per ton and lift our FY2011 net profit estimate by 28% to US$150 million amid the favourable operating backdrop.
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