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Sembcorp Marine
Insider moves
Fullerton acquires 116.9 million Seatrium shares at 14 cents each
Fullerton, a fund management firm under Temasek Holdings, paid around 14 cents each
August 30, 2023
Contracts
CGS-CIMB's Lim reiterates 'add' call on Seatrium on new project from Shell
Lim's 19 cents target price is based on 1.5x FY2024 book valu
August 28, 2023
Broker's Calls
CGS-CIMB maintains 'add' call on Seatrium ahead of 1HFY2023 earnings, flags contract win in Brazil
Seatrium, which has already built up an order book of more than $20 billion, might secure another $7 billion in the coming FY2024
July 11, 2023
Insider moves
Seatrium makes share buyback debut; JEP chairman Luong raises stake
JEP says that its longer-term prospects remain strong
June 15, 2023
Insider moves
Seatrium in maiden share buyback, days after Keppel reduces its stake
Seatrium bought back 1.2 million shares at 12.4 cents each
June 12, 2023
Investing ideas
Seatrium impresses with strong order wins, analysts flag possible FY2024 turnaround
Seatrium's potential to grow its order book in the oil and gas and renewables space is exciting, says UOB Kay Hian's Adrian Loh
May 18, 2023
Broker's Calls
DBS keeps 'buy' and 14 cents target price on Seatrium ahead of 1QFY2023 earnings
The current order book of $22 billion gives Seatrium revenue visibility for the coming three years
May 08, 2023
Broker's Calls
DBS, citing how 'tide is turning', resumes coverage on Sembcorp Marine with 'buy' call and 14 cents target price
Ho's target price of 14 cents is based on 1.2x FY23 book value, which is in line with global peers' median valuation
March 28, 2023
Broker's Calls
CGS-CIMB maintains 'add' call on Sembcorp Marine following news of probe in Brazil
Contracts from Brazil account for 67% of the combined order book of Sembcorp Marine and Keppel's former offshore and marine unit
March 27, 2023
Company in the news
Brazilian federal government starts investigations on Sembcorp Marine for alleged irregularities practiced
Brazillian authorities are investigating alleged irregularities practiced by Sembcorp Marine's subsidiary.
March 24, 2023