utilities

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.

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

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.

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.

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

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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