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Broker's Calls
A more promising year for O&M sector: Deutsche
SINGAPORE (Jan 6): Deutsche Bank Markets Research is raising its target prices for Keppel Corporation, Sembcorp Industries, and Sembcorp Marine for 2017, ahead of what could be a better year for the offshore and marine sector.
January 06, 2017
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.
October 31, 2016
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
October 28, 2016
Results
Sembcorp posts 56% fall in 3Q earnings to $54 mil on marine division losses and Gallant Venture impairment
SINGAPORE (Oct 27): Sembcorp Industries reported a drop of 55.9% in 3Q16 earnings to $53.9 million on the back of $13.2 million losses in its marine division and a $46.2 million mark-to-market impairment for Gallant Venture.
October 27, 2016
Broker's Calls
Sembcorp's expanded but undervalued utilities business an attraction
SINGAPORE (Sept 29): DBS Group Research is reiterating its “buy” call on Sembcorp Industries with a target price of $3.10, citing the group’s undervalued utilities business although it has expanded regionally.
September 29, 2016
Investors continue to love Asian markets, but not equally
SINGAPORE (Aug 26): Asian equities and mutual funds continue to enjoy immense popularity among investors around the world, as seen from the latest foreign institutional investor (FII) flow figures reported by HSBC Global Research, which measure net flows
August 26, 2016
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
August 03, 2016
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.
August 02, 2016