Keppel    Last:10.59    -0.07

Keppel Corp

@JurongW
Today got 500,000 SBB? 

 

From Co-pilot

Companies listed on SGX are generally not allowed to conduct share buybacks during the blackout period before releasing financial results.
The blackout period typically starts two weeks before quarterly results (or one month before full-year results) and lasts until the results are announced.

YuanLong94      ( Date: 01-Apr-2026 22:40) Posted: I surprise still got sharebuyback  usually 1 month before announcement of their result  sharebuyback will cease  maybe Gupta direction is different , not sure  JurongW      ( Date: 01-Apr-2026 19:12) Posted: SBB today - 200,000 shares bought at $11.94 to $12.00 ($2,398,595)

 

9months with ( July , Oct and Jan never buyback due to announcement period ) 

Technically 6 months to raise from 8 dollar to 12 dollar 

with balance 290million for sharebuyback 
Hopefully rise to 16 dollar =) 

then maybe more sharebuyback fund in future   too (Gupta is king of sharebuyback )   , technically with this 20million(210million sgd)   share bought , they able to get back 9.4million sgd worth of dividends. (0.47 sgd per share x 20million) . If future their dividends declare higher , faster for them to recoup back too 

newbie2019      ( Date: 31-Mar-2026 19:28) Posted: Mar 2026 SBB is the highest, in terms of value.     Vol Value ($) Low ($) High ($) Ave ($) Mar 5,885,000 71,722,106 11.65 12.8 12.19 Feb 1,760,400 22,230,225 11.02 13.15 12.63 Jan 50,000 520,727 10.3 10.43 10.41 Dec 1,100,000 11,216,689 9.99 10.34 10.20 Nov 1,050,000 10,632,056 9.82 10.32 10.13 Oct 150,000 1,507,842 9.9 10.22 10.05 Sep 2,470,000 21,731,747 8.64 8.9 8.80 Aug 8,350,000 70,038,466 8.23 8.5 8.39 Jul 100,000 856,455 8.46 8.59 8.56 Grand Total 20,915,400 210,456,312 8.23 13.15 10.06

 

I surprise still got sharebuyback 

usually 1 month before announcement of their result 
sharebuyback will cease 

maybe Gupta direction is different , not sure 

JurongW      ( Date: 01-Apr-2026 19:12) Posted: SBB today - 200,000 shares bought at $11.94 to $12.00 ($2,398,595)

 

SBB today - 200,000 shares bought at $11.94 to $12.00 ($2,398,595)

 

Good rebound from the lower trend line. Let' s hope it can continue moving up, clear the 20EMA and test the upper trend line

 

 

Mar 2026 SBB is the highest, in terms of value.
 

	Vol	Value ($)	Low ($)	High ($)	Ave ($)
Mar	5,885,000	71,722,106	11.65	12.8	12.19
Feb	1,760,400	22,230,225	11.02	13.15	12.63
Jan	50,000	520,727	10.3	10.43	10.41
Dec	1,100,000	11,216,689	9.99	10.34	10.20
Nov	1,050,000	10,632,056	9.82	10.32	10.13
Oct	150,000	1,507,842	9.9	10.22	10.05
Sep	2,470,000	21,731,747	8.64	8.9	8.80
Aug	8,350,000	70,038,466	8.23	8.5	8.39
Jul	100,000	856,455	8.46	8.59	8.56
Grand Total	20,915,400	210,456,312	8.23	13.15	10.06

 

SBB today - 300,000 shares bought at $11.78 to $11.85 ($3,547,639)

 

Added the another layer of channel if there is breakdown below 11.59.

 

Updated chart - Price is still holding above the support. 
Short term on downtrend as price is below 5 / 20EMA which are sloping down.

 

Quarter 1 FY 2026 result.

Newbie2025      ( Date: 31-Mar-2026 11:28) Posted: OKAY Sir! Btw is Keppel making announcement on 23 Apr, re what? YuanLong94      ( Date: 31-Mar-2026 09:18) Posted: Then wait for the 23th April announcement then. Good news will spike up the sentiment =

 

OKAY Sir! Btw is Keppel making announcement on 23 Apr, re what?

YuanLong94      ( Date: 31-Mar-2026 09:18) Posted: Then wait for the 23th April announcement then. Good news will spike up the sentiment =) Newbie2025      ( Date: 30-Mar-2026 16:20) Posted: Yes Yes, Sir, very uncertain. If war continue, and M1 sale go thru, it may still go South..🙏

 

CGS International maintains ' add' and $13.52 target price on Keppel sale of M1 won' t fall through despite delay

The closing of the sale of M1 by Keppel to Tuas has been extended due to regulatory reasons, but Lim Siew Khee and Meghana Kande of CGS International do not think the sale will be called off.

The long-stop date of the sale, announced last August, has been extended to May 21, instead of the original six-month timeline.

The Infocomm Media Development Authority (IMDA) is " weighing all matters in light of the industry consolidation and the critical national infrastructure involved," note the analysts.

To recap, Tuas, which owns Simba, is listed in Australia.

Lim and Kande, in their March 27 note, suggest that a possible issue is that M1 and Simba use different network vendors.

M1 operates an existing joint venture with StarHub, using Nokia' s equipment, while Simba uses Huawei for certain portions of its network.

" Additionally, we think recent cyber-attacks on all 4 major telcos in Singapore likely necessitated heightened scrutiny by IMDA for network reliability and cyber security," state the analysts.

Even so, Lim and Kande think it is unlikely that the deal will be spiked.

They note that Tuas has already raised some A$430 million in proceeds through equity share issuance over Aug-Oct 2025 to partially fund the M1 acquisition.

" We believe there could be room for cost or acquisition price negotiations if Tuas is required to step up capex requirements for any infrastructure changes or for
more stringent cyber security measures," they add.

Drawing back from Keppel' s comments at its FY2025 briefing, the company has guided that it would be disbursing 10-15% of the gross value of its asset monetisation completed over 2025-2030.

Lim and Kande figure that this could translate into a special dividend per share of between 5 and 11 cents for the M1 deal upon completion.

Citing Keppel' s recurring income and dividend upside, they have kept their " add" call and $13.52 target price, which values the so-called " New Keppel" at 18x FY2027 earnings and its non-core assets at book value.

For them, re-rating catalysts include completion of M1 divestment and further asset monetisation.

On the other hand, downside risks: delays or unfavourable adjustments to deal terms to accommodate concerns raised by IMDA and slower pace of monetisation.

 

Then wait for the 23th April announcement then.

Good news will spike up the sentiment =)

Newbie2025      ( Date: 30-Mar-2026 16:20) Posted: Yes Yes, Sir, very uncertain. If war continue, and M1 sale go thru, it may still go South..🙏 MrBear12      ( Date: 28-Mar-2026 20:05) Posted: near term risk is still the war in the middle east. M1 sale is bound to go through. but war is uncertain. No guarantees it will stop... 🐻

 

SBB today - 400,000 shares bought at $11.77 to $11.90 ($4,742,199)

 

Yes Yes, Sir, very uncertain. If war continue, and M1 sale go thru, it may still go South..🙏

MrBear12      ( Date: 28-Mar-2026 20:05) Posted: near term risk is still the war in the middle east. M1 sale is bound to go through. but war is uncertain. No guarantees it will stop... 🐻

 

near term risk is still the war in the middle east.

M1 sale is bound to go through.

but war is uncertain. No guarantees it will stop...

🐻

 

If it really goes south between now and May 21 as what you predict, the share price could drop sharply, which might open up a great opportunity to buy at a bargain.

Newbie2025      ( Date: 28-Mar-2026 18:21) Posted: Sir, most probably Keppel go south for short while till May 21 when the outcome is known? JurongW      ( Date: 28-Mar-2026 13:06) Posted: Short-term setback for Keppel.  When the sale of M1 is eventually approved, it will rebound very fast as well

 

Sir, most probably Keppel go south for short while till May 21 when the outcome is known?

JurongW      ( Date: 28-Mar-2026 13:06) Posted: Short-term setback for Keppel.  When the sale of M1 is eventually approved, it will rebound very fast as well. Joelton      ( Date: 28-Mar-2026 10:59) Posted: Keppel shares fall as much as 4.6% on M1-Simba deal delay The counter drops as low as S$11.70 in early trading [SINGAPORE] Shares of Keppel : BN4 -3.02% fell on Friday (Mar 27) after overnight news of a mutually agreed extension of the long-stop date for the proposed M1 deal. The counter fell as much as 4.6 per cent to S$11.70 in early trading, erasing S$0.57 a share, as investors reacted negatively to the deal&rsquo s delay. The counter later pared some of the losses to be 3.3 per cent lower at 9.30 am. Keppel in August last year announced  plans to sell M1&rsquo s telco business  to mobile network operator Simba for S$1.4 billion in an all-cash deal. M1, Simba and other relevant parties then submitted a consolidation application to the Infocomm Media Development Authority of Singapore on Sep 26, said Keppel. Without the Thursday extension to May 21, the sale and purchase agreement would have been terminated and ceased to have effect if certain conditions were not fulfilled and waived before the long-stop date of Mar 26.