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Sembcorp Ind
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SembCorp Industries
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freeme
Elite |
02-Feb-2021 11:12
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Reloaded SCI at 1.63 yesterday, double up my initial holding.. Lets go again to 1.8+   |
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Checkerman
Master |
02-Feb-2021 09:07
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maybe have good news
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laksaman57
Supreme |
02-Feb-2021 08:33
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How much impact will Myanmar military coup have ?
https://www.google.com/amp/s/www.businesstimes.com.sg/companies-markets/sembcorp-unit-to-develop-myanmar-singapore-industrial-park%3famp "Sembcorp unit to develop Myanmar Singapore Industrial Park TAY PECK GEK AUG 17, 2020 SEMBCORP Development, wholly owned by mainboard-listed Sembcorp Industries (SCI), will develop its first integrated urban development in Myanmar, SCI said in a regulatory filing on Monday. Sembcorp Development's joint venture (JV) company, Myanmar Singapore (Hlegu) Industrial Park JV, will ink an agreement shortly with the Yangon Region Government to lease 436 hectares of land in the Hlegu township for industrial, residential and commercial purposes. This comes after the Myanmar Investment Commission has issued a permit approving the development of the Myanmar Singapore Industrial Park. " |
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laksaman57
Supreme |
02-Feb-2021 00:29
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https://www.google.com/amp/s/amp.cnn.com/cnn/2021/01/31/world/myanmar-aung-san-suu-kyi-detained-intl/index.html
"(CNN)Myanmar's powerful military has taken control of the country in a coup and declared a state of emergency, following the detention of Aung San Suu Kyi and other senior government leaders in early morning raids Monday. The country woke up to widespread internet and communications blackouts, closed banks, and soldiers in army fatigues patrolling the streets of Myanmar's largest city, Yangon. Residents turning on their television sets could only access the military-owned Myawaddy TV channel, with all other news channels seemingly blocked. As news filtered through that the country's democratically-elected leaders had been detained in the capital, a news anchor announced on the military-owned channel that power had been handed over to army chief Min Aung Hlaing." |
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jacky80
Senior |
01-Feb-2021 10:27
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A merging of Keppel and Sembcorp Energy Singapore?s rig business looks likely.
https://www.channelnewsasia.com/news/commentary/keppel-oil-rig-sembcorp-clean-energy-offshore-results-merger-14080956?cid=FBcna&fbclid=IwAR1a3jRWNXDMMP96JHEyEYhpOiWXzODfYWMf2-fComP6_BwRoBqD1-QiBb0 |
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Checkerman
Master |
31-Jan-2021 07:52
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Better avoid this counter for time being
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arctician1982
Senior |
31-Jan-2021 01:27
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  dow fell -600+ again on friday, so for long term investors of sci good to scoop at opening, likely to open $1.60 or below
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bystander1965
Supreme |
30-Jan-2021 13:40
Yells: "What I say is just my assessment. DYODD" |
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For KC, wrong timing is all I could say. It has run up a lot. Perhaps with unreasonable expectation, like more " unlocking shareholder values" and paying fat dividend. Its price was already retreating for a few days already. So on Friday the shortists had a field day, near 30% short interests @ 5.18 average. For SCI, that' s why I am waiting for feb result. I hope the markey sentiment is better by then. Otherwise anything short of very good (even meeting will not be good enough), the price may become volatile also.
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arctician1982
Senior |
30-Jan-2021 13:32
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the exit of rig business should be positive yet it plunged to $5 on friday close, which means market perceived result as below expectations. I also monitoring SCI closely very hard to value now
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bystander1965
Supreme |
30-Jan-2021 12:31
Yells: "What I say is just my assessment. DYODD" |
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KC hit was due to the loss which actually was known. The shock was the sudden announcement of exit from the rig business. In fact that was a long overdue decision it seems. What I am saying is that the energy performance is a result of the pandemic. Everyone knows. No one expects a stellar year vs 2019. KC is doing quite well in those areas. As for SCI, I will wait till their result and see. In the mean time, I will just ignore the fluctuation or correction first. Double top or bull flag or what not I will just ignore. If the results are good, then it' s a bull flag, out of this world, super bull flag, bad then double top. Haha.
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arctician1982
Senior |
30-Jan-2021 12:18
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i didnt read the breakdown too, just scan a few articles. Share price of keppel took a hit, and with the Dow pluge on Friday i think on mon can see SCI at $1.60 or below [the edge]  The weaker top line was mainly due to lower contributions from its energy & environment, urban development and asset management segments, though offset by higher revenue from the connectivity segment. [business time]  KEPPEL Corporation announced a net profit of S$31.3 million for its second-half ended Dec 31, 2020, down 91.1 per cent from a year ago on the back of decreased contributions across segments, with Energy & Environment hard-hit in particular. Earnings per share for H2 2020 was 1.7 Singapore cents, down 91 per cent from 19.3 cents the same period a year ago. For the full year, Keppel recorded a net loss of S$505.9 million for FY 2020, reversing from a net profit of S$707 million a year ago, on the back of impairments of S$952 million mainly due to the offshore & marine (O& M) business, the bulk of which was recognised in Q2 2020. [strait times]  DBS Group Research analyst Ho Pei Hwa said Keppel' s loss of $506 million in the last financial year was higher than expected, and added that investors should wait for more clarity on the restructuring.
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bystander1965
Supreme |
29-Jan-2021 21:00
Yells: "What I say is just my assessment. DYODD" |
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Possible. That' s why I said see if today' s low can be held. But for this counter, I will pay more attention to FA first.
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tangoanna
Master |
29-Jan-2021 20:51
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The pattern can be interpreted in many ways. You see a bullish flag. I can also see a double top?
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jacky80
Senior |
29-Jan-2021 20:36
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Today Outflow is really scary but Semborp really can hold quite well... Hopefully is bullish flag and crash those short sell .. | ||||
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bystander1965
Supreme |
29-Jan-2021 19:13
Yells: "What I say is just my assessment. DYODD" |
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It' s actually bullish. See if today' s low can be held. It has a bullish flag.
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bystander1965
Supreme |
29-Jan-2021 11:55
Yells: "What I say is just my assessment. DYODD" |
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Why do you say that? I didn' t read their report but I found this about their energy/infra. Lower revenue in energy I think is expected due to the covid situation. It' s just a matter of how much reduction. The weak performance in the offshore & marine business was partly offset by higher contributions from the energy infrastructure and environmental infrastructure businesses, as well as the absence of share of loss from KrisEnergy as compared to 2019. Pre-tax profit from Urban Development decreased by $11 million to $373 million mainly due to share of associated companies&rsquo fair value losses from investment properties as compared to share of gains in 2019, as well as lower contribution from the Sino-Singapore Tianjin Eco-City mainly due to fewer land plot sales. These were partially offset by higher contributions from property trading projects in China, and gains from the disposal of interests in the Taicang and Chengdu projects in China.
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arctician1982
Senior |
29-Jan-2021 11:47
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keppel just released their results, their energy and infrastructure results look very bad, all segments decline. Not sure if there is downside to sembcorp, we all assume their utilities, infrastructure and urban will do very well. | ||||
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jacky80
Senior |
28-Jan-2021 23:10
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Hopefully nightmare will over soon ..
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tangoanna
Master |
28-Jan-2021 21:29
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Chart don' t look nice. | ||||
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bystander1965
Supreme |
27-Jan-2021 15:40
Yells: "What I say is just my assessment. DYODD" |
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It could be pushing it there to collect also. We will never know. Anyway, things will be clearer (at least for me) after we see the financial in Feb.
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