Sembcorp Ind Last:6.06

-0.07

SembCorp Industries

market entering correction now.. good to monitor and buy on dips

sun233 ( Date: 05-Apr-2017 11:22) Posted:

WTI is trading at 51.32 at 11.21 am and yet this is lagging.

There is one BIG thing coming up ...Xi Trump meet...many traders are concern ( knowing how Trump act and talk )
So this meeting is STILL A BIG " ?? 0 for major markets.
Spore is so Closely LINK to China and USA market ....its still early to tell I guess.

sun233 ( Date: 05-Apr-2017 12:45) Posted:

I totally agree with you but am puzzled as to why price is dropping. I just bought into it at 3.15 and sellers were funds were Morgan Stanley and Citigroup. Their traders working overtime today. I smell something fishy...........

Asian markets perk up amid rising commodity prices

Gains in commodity prices sent equity markets slightly higher early Wednesday, as investors await the release of the Federal Reserve&rsquo s meeting minutes later today.

Japan&rsquo s Nikkei Stock Average NIK, -0.03% was up 0.2% and the Korea Kospi SEU, -0.46% was flat. The Shanghai Composite Index SHCOMP, +1.06% added 0.7%, Hong Kong&rsquo s Hang Seng Index HSI, -0.19% rose 0.4%, and Taiwan&rsquo s Taiex Y9999, +0.91% gained 1.2%.

Australia&rsquo s S& P/ASX 200 XJO, -0.02% , however, reversed earlier gains and was last flat, though key commodity stocks were higher. BHP Billiton BHP, +2.84% added 2.3%, Fortescue MetalsFMG, +3.28% gained 2.8% and Rio Tinto RIO, +2.32% rose 1.9%.

Base metal prices gained in Asian trade Wednesday on news of fresh disruptions in supplies and a report showing that U.S. durable goods increased more than expected in February.

A strike at the Peruvian operations of Southern Copper SCCO, +0.33% helped price rises of the red metal. Three-month copper prices on the London Metal Exchange were up 0.5%, while nickel added 1.3% and zinc gained 1%.

&ldquo Metal prices have found a support level and the [U.S. consumer goods] data is encouraging,&rdquo said Daniel Hynes, a commodities analyst at ANZ Bank.

Meanwhile, oil prices maintained their rising momentum after hitting a four-week high on bets that production curbs by the world&rsquo s biggest exporters and the coming high-demand season would curb oversupply in the market. Brent crude, the international benchmark, was up 0.2% at $54.27 a barrel in early Asian trade.

Among key oil stocks, Australia&rsquo s Santos STO, +2.16% was up 1.5% and Woodside PetroleumWPL, +1.64% added 1%. Hong Kong-listed shares of Chinese oil refiner Sinopec 0386, +0.95% were up 2.1% and offshore oil giant Cnooc 0883, +0.86% was 1% higher.

jeremyow ( Date: 05-Apr-2017 11:48) Posted:

Be patient with conglomerates like SembCorp and Keppel Corp which have exposure to the oil and gas sector. Their other buinesses are still profitable and able to support their overall profitability though profits have come down significantly for past few years. However, their other businesses like in this case for SembCorp' s utilities and urban planning and development business segments are fast developing. It is now like a suppressed spring building up strength from the fast development of its utilities and urban planning and development businesses which should the oil prices recover in time to come and oil exploration becomes active again, SembCorp' s profits will increase significantly and the share price will also spring significantly higher. The time will come but may take a while.

Now, SembCorp and Keppel Corp are at their bottom level with bottom earnings. They will not die but may continue at this bottom basal level of earnings as they continue to find avenues to sustain at current bottom level of earnings for still some more time until their offshore and marine businesses pick up when oil prices and oil exploration recovers.

If not, they may have to reinvent themselves on this major part of their offshore and marine businesses to gradually steer away from relying mostly on crude oil exploration businesses and explore alternative energy related revenue streams to keep this business segment rejuvinated if they do not want to stay at this bottom level in their business cycle forever.

I totally agree with you but am puzzled as to why price is dropping. I just bought into it at 3.15 and sellers were funds were Morgan Stanley and Citigroup. Their traders working overtime today. I smell something fishy...........

Asian markets perk up amid rising commodity prices

Gains in commodity prices sent equity markets slightly higher early Wednesday, as investors await the release of the Federal Reserve&rsquo s meeting minutes later today.

Japan&rsquo s Nikkei Stock Average NIK, -0.03% was up 0.2% and the Korea Kospi SEU, -0.46% was flat. The Shanghai Composite Index SHCOMP, +1.06% added 0.7%, Hong Kong&rsquo s Hang Seng Index HSI, -0.19% rose 0.4%, and Taiwan&rsquo s Taiex Y9999, +0.91% gained 1.2%.

Australia&rsquo s S& P/ASX 200 XJO, -0.02% , however, reversed earlier gains and was last flat, though key commodity stocks were higher. BHP Billiton BHP, +2.84% added 2.3%, Fortescue MetalsFMG, +3.28% gained 2.8% and Rio Tinto RIO, +2.32% rose 1.9%.

Base metal prices gained in Asian trade Wednesday on news of fresh disruptions in supplies and a report showing that U.S. durable goods increased more than expected in February.

A strike at the Peruvian operations of Southern Copper SCCO, +0.33% helped price rises of the red metal. Three-month copper prices on the London Metal Exchange were up 0.5%, while nickel added 1.3% and zinc gained 1%.

&ldquo Metal prices have found a support level and the [U.S. consumer goods] data is encouraging,&rdquo said Daniel Hynes, a commodities analyst at ANZ Bank.

Meanwhile, oil prices maintained their rising momentum after hitting a four-week high on bets that production curbs by the world&rsquo s biggest exporters and the coming high-demand season would curb oversupply in the market. Brent crude, the international benchmark, was up 0.2% at $54.27 a barrel in early Asian trade.

Among key oil stocks, Australia&rsquo s Santos STO, +2.16% was up 1.5% and Woodside PetroleumWPL, +1.64% added 1%. Hong Kong-listed shares of Chinese oil refiner Sinopec 0386, +0.95% were up 2.1% and offshore oil giant Cnooc 0883, +0.86% was 1% higher.

jeremyow ( Date: 05-Apr-2017 11:48) Posted:

Be patient with conglomerates like SembCorp and Keppel Corp which have exposure to the oil and gas sector. Their other buinesses are still profitable and able to support their overall profitability though profits have come down significantly for past few years. However, their other businesses like in this case for SembCorp' s utilities and urban planning and development business segments are fast developing. It is now like a suppressed spring building up strength from the fast development of its utilities and urban planning and development businesses which should the oil prices recover in time to come and oil exploration becomes active again, SembCorp' s profits will increase significantly and the share price will also spring significantly higher. The time will come but may take a while.

Now, SembCorp and Keppel Corp are at their bottom level with bottom earnings. They will not die but may continue at this bottom basal level of earnings as they continue to find avenues to sustain at current bottom level of earnings for still some more time until their offshore and marine businesses pick up when oil prices and oil exploration recovers.

If not, they may have to reinvent themselves on this major part of their offshore and marine businesses to gradually steer away from relying mostly on crude oil exploration businesses and explore alternative energy related revenue streams to keep this business segment rejuvinated if they do not want to stay at this bottom level in their business cycle forever.

sun233 ( Date: 05-Apr-2017 11:22) Posted:

WTI is trading at 51.32 at 11.21 am and yet this is lagging.

Be patient with conglomerates like SembCorp and Keppel Corp which have exposure to the oil and gas sector. Their other buinesses are still profitable and able to support their overall profitability though profits have come down significantly for past few years. However, their other businesses like in this case for SembCorp' s utilities and urban planning and development business segments are fast developing. It is now like a suppressed spring building up strength from the fast development of its utilities and urban planning and development businesses which should the oil prices recover in time to come and oil exploration becomes active again, SembCorp' s profits will increase significantly and the share price will also spring significantly higher. The time will come but may take a while.

Now, SembCorp and Keppel Corp are at their bottom level with bottom earnings. They will not die but may continue at this bottom basal level of earnings as they continue to find avenues to sustain at current bottom level of earnings for still some more time until their offshore and marine businesses pick up when oil prices and oil exploration recovers.

If not, they may have to reinvent themselves on this major part of their offshore and marine businesses to gradually steer away from relying mostly on crude oil exploration businesses and explore alternative energy related revenue streams to keep this business segment rejuvinated if they do not want to stay at this bottom level in their business cycle forever.

sun233 ( Date: 05-Apr-2017 11:22) Posted:

WTI is trading at 51.32 at 11.21 am and yet this is lagging.

SEMBCORP INCREASES STAKE IN INDIA RENEWABLE ENERGY BUSINESS TO 70.38%

Singapore, March 16, 2017 &ndash Sembcorp Industries (Sembcorp) announces that its wholly-owned subsidiary Sembcorp Utilities has subscribed to the entire rights issuance by Sembcorp Green Infra, including the 31.3% share of the rights issuance that was not subscribed by its partner IDFC Private Equity Fund III, to fund the company&rsquo s growth in the renewable sector in India. The total investment of the entire rights issuance amounts to approx. INR 1,250 million (approximately S$26.5 million) and is financed by internal funds. As a result of the partner&rsquo s nonparticipation in the rights issuance, Sembcorp Utilities&rsquo stake in Sembcorp Green Infra has increased from 68.7% to 70.4%. This is not expected to have a material impact on the earnings per share and net asset value per share of Sembcorp Industries for the financial year ending December 31, 2017.

seems to be aligned to Semb marine price. Needs to be decoupled as a parent

TMW1986 ( Date: 07-Mar-2017 00:15) Posted:

What goes up will comes down. It won't keep going higher unless the result keep breaking records profit margin etc.

anthonykwong ( Date: 06-Mar-2017 19:17) Posted:

Local Sv funds helping this. Very obvious.

Xx

SembMarine buying back shares from the market , spent $485000 x 1.893 = SGD 918,105

This help to boost up the price in the short term

10/03/17

Sembcorp Marine

SEMBCORP MARINE LTD

COY

S

485000

SGD 1.893

seanpent ( Date: 08-Mar-2017 09:07) Posted:

Sembcorp Marine usually bounce up strongly from around 1.98 / 1.985 .....

recovering .....

stockgurus ( Date: 07-Mar-2017 00:57) Posted:

Strong buy...Institutional buying in Buy!!!!

Sembcorp Marine usually bounce up strongly from around 1.98 / 1.985 .....

Strong buy...Institutional buying in Buy!!!!

What goes up will comes down. It won't keep going higher unless the result keep breaking records profit margin etc.

anthonykwong ( Date: 06-Mar-2017 19:17) Posted:

Local Sv funds helping this. Very obvious.

Xx

Highly possible Merger...Semb corp marine and keppel...GOing to push up prices

congra... High of 3.07 reached! profit for CNY ang pao... cheers

SCI likely to trend up as oil price was up by 2.22% last Friday. Expected to test the recent high of 3.02 again. DYODD.

from TA point of view looks like it may move up to test $2.99. spore share blo g

I just watch various documentary on YouTube. Solar will be a big thing. Cost of electricity produced by solar is now cheaper than that using fossil fuels as China is producing the solar planes more cheaply.Â

Don' t bullsh*t.

anthonykwong ( Date: 25-Nov-2016 20:16) Posted:

can long this one tp : 3.50

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SembCorp Industries

Asian markets perk up amid rising commodity prices

Asian markets perk up amid rising commodity prices