"Amid the rise in global gas prices, we think Sembcorp is well protected," state Lim and Kande in their March 17 note.
For all the recent volatility in the global energy market, Lim Siew Khee and Meghana Kande of CGS International have reiterated their upbeat call on Sembcorp Industries.
Citing its 'undemanding' valuation of 9x FY2027 earnings and potential for a higher dividend payout, Sembcorp, for CGSI, is one of the current crop of top picks.
