Triyards

Triyards: At $0.835 after its spinoff from Ezra. It's a better-than-expected debut, says OSK Research, noting most analysts had expected it to trade around the high 70-cent to $0.80. Valuation-wise, it's probably a bit of a premium compared with other listed peers, adding it's difficult to judge whether this is justified because it's fairly new. They're riding on Ezra's brand name. Orderbook quotes show sell orders clustered at $0.84.