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Keppel Corporation reaffirms Vision 2030, announces strategic review of its offshore & marine business - THE EDGE SINGAPORE

Company in the news

Keppel Corporation reaffirms Vision 2030, announces strategic review of its offshore & marine business

Shares in Keppel Corp closed 11 cents higher, or 2.6% up, at $4.30 on September 29.

Broker's Calls

Earnings to remain unexciting for Sembcorp: RHB

SINGAPORE (Aug 4): RHB is maintaining its “neutral” rating on Sembcorp Industries with an unchanged $3.20 price target after the group on Thursday posted a 36% decline in 2Q earnings to $55.3 million.

Results

Sembcorp reports 36% decline in 2Q earnings to $55.3 mil

SINGAPORE (Aug 3): Sembcorp Industries posted earnings of $55.3 million for the 2Q ended June, down 36.1% from $86.5 million a year ago despite achieving higher turnover.

Broker's Calls

Sembcorp’s utilities division is its saving grace

SINGAPORE (Oct 31): Despite a poor showing by its marine division, Sembcorp Industries remains attractive with RHB, DBS and OCBC maintaining a “buy” call with target prices of $3.40, $2.90 and $3.07 respectively.

Broker's Calls

Sembcorp’s 3Q results leave analysts unmoved

SINGAPORE (Oct 28): Sembcorp Industries’ 3Q16 results have left analysts with unchanged views, with CIMB and Maybank holding on to their “hold” calls with target prices of $2.66 and $2.40 respectively, while UOB maintain a “buy” call with a targ

Broker's Calls

An uphill battle awaits Sembcorp in India

SINGAPORE (Aug 3): CIMB is downgrading its “add” call on Sembcorp Industries to “hold” and lowering its target price for the utilities and marine company to $2.66 from $3.10 previously

Sembcorp’s 1H earnings plunge 47.1% to $193.5 mil on lower profits from all segments

SINGAPORE (Aug 2): Sembcorp Industries, the utilities and marine company, posted a 47.1% fall in 1H16 earnings to $193.49 million from a year ago.
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