Sembcorp Ind    Last:6.13   -

SembCorp Industries

Still waiting for this to chiong up but dun know when

 

seems that sem M share performcnace is better than sem Ind.

why?

 

logically and rationally correct. but market is irrational.

notredame      ( Date: 14-Jul-2018 09:17) Posted: VALUATION/RECOMMENDATION Share price correction presents a good entry, upgrade to  BUY. Sembcorp Industries' share price has weakened substantially since 13 June.  Current prices imply the non-marine portion to be trading at 6x PE, below the long-term mean PE of 8x. Alternatively, this would also imply that current valuations accord either zero or a negative value to the India business, which is not the case.  Given the limited downside, upgrade to BUY on valuations.  Target price at S$3.60,  implying a non-marine FY19 PE of 8.5x. Source: UOB Kay Hian Research - 29 Jun 2018

 

VALUATION/RECOMMENDATION

• Share price correction presents a good entry, upgrade to  BUY.
• Sembcorp Industries' share price has weakened substantially since 13 June. 
• Current prices imply the non-marine portion to be trading at 6x PE, below the long-term mean PE of 8x. Alternatively, this would also imply that current valuations accord either zero or a negative value to the India business, which is not the case. 
• Given the limited downside, upgrade to BUY on valuations.  Target price at S$3.60,  implying a non-marine FY19 PE of 8.5x.

Source: UOB Kay Hian Research - 29 Jun 2018

 

I thk end 2016, it went lower.  But current price is 52 wk low 2.61
However looking at current BV of 3.90 , it is trading  at 0.68 time approx
Dividend yield jus below 2%,  Semb Marine is really a pull down for Semb Corp.
However with its power division doing well, I thk Semb can and wld ride out of this soon.
DYODD.  Happy investing.

john_ric      ( Date: 13-Jul-2018 14:03) Posted: 1H result announcement on 3rd aug. //

 

1H result announcement on 3rd aug.
//

 

have yet to see this px

halleluyah      ( Date: 06-Jul-2018 09:14) Posted: broke 2.65...might see 2.60-2.48...

 

Still   drop to $2.63, stock market is very weak even price at very low end

Anything   wrong with the business ????

 

Bought some at $2.65, waiting for the result
This is an under value stock, hope this is the right price to go in

Cheer

 

better than hyfucs

FATABA      ( Date: 09-Jul-2018 11:26) Posted: Hmm, the point is tha this Mgt has manage to reduce this 200m fm 5% to 3.7% .....if that was used to replce the perpetual one. This is good saving and better capital management. bryancbq      ( Date: 06-Jul-2018 18:59) Posted: Just one year ago they issued 200m bonds due in 2020 at 3.7%. Did they issue the bond last year just to redeem the perpetual ones at 5%, to reduce the coupon payments?

 

Wow the price at $2.65, break record low for the 52 weeks

Tomorow buy some to keep, tomorrow may drop 3-4 cent if Dow drop 300 point

It is under value stock

 

Hmm, the point is tha this Mgt has manage to reduce this 200m fm 5% to 3.7% .....if that was used to replce the perpetual one.
This is good saving and better capital management.

bryancbq      ( Date: 06-Jul-2018 18:59) Posted: Just one year ago they issued 200m bonds due in 2020 at 3.7%. Did they issue the bond last year just to redeem the perpetual ones at 5%, to reduce the coupon payments?

 

ok..will wait together wth u...let katek short down....

john_ric      ( Date: 08-Jul-2018 19:32) Posted: no 2 dollr no buy?

 

when one company or a few companies in a trade does do well. it does not means all in the trade will not do well.
some times it all comes down to cost matching income. that has a lot in it.
efficicency. ample financial power to go thru a low cycle. management of cost like hedging commodities prices etc,
the results will tell although it is a history but one can tell if they are prodent.
like singpost. a strong financial man makes a different. an able logistic man makes a different. a strong sale hook makes a different. etc.

 

no 2 dollr no buy?

 

Power is a losing $$$ biz. Look at Hyflux. EMA flood the mkt with more suppliers to drop price. Power and O&G both not doing well, DYODD.

 

Just one year ago they issued 200m bonds due in 2020 at 3.7%. Did they issue the bond last year just to redeem the perpetual ones at 5%, to reduce the coupon payments?

 

Semb corp to redeem S$200m of 5% perpetual securities at par

 

So is going up or down ??

I think market no good watch first

 

How you know it is 3 cents dividend? By past years trend?
 

halleluyah      ( Date: 06-Jul-2018 11:29) Posted: next mth div 3ct...ah kong holding 49.46%....steady....