Keppel    Last:10.59    -0.07

Keppel Corp

lai lai lai...pick durian time. 
 

 

beetlejuice      ( Date: 20-Mar-2026 17:54) Posted: Thank you for the daily SBB updates. 感 恩 . JurongW      ( Date: 20-Mar-2026 17:53) Posted: SBB today - 300,000 shares bought at $12.40 to $12.53 ($3,748,684) Today open at $12.52, high: 12.59, low:12.32, Close:12.38. Perhaps bought as share price was dropping, but didn' t buy at the lowest price.

 

Thank you for the daily SBB updates. 感 恩 .

JurongW      ( Date: 20-Mar-2026 17:53) Posted: SBB today - 300,000 shares bought at $12.40 to $12.53 ($3,748,684) Today open at $12.52, high: 12.59, low:12.32, Close:12.38. Perhaps bought as share price was dropping, but didn' t buy at the lowest price.

 

SBB today - 300,000 shares bought at $12.40 to $12.53 ($3,748,684)

Today open at $12.52, high: 12.59, low:12.32, Close:12.38.
Perhaps bought as share price was dropping, but didn' t buy at the lowest price.
 

 

SBB today - 300,000 shares bought at $12.45 to $12.59 ($3,760,067)

 

He obtained the so called land ownership document around 1954, which was 72 years ago, should be extremely old by now.
Perhaps pass money to his offsprings if he wins the case.

Joelton      ( Date: 19-Mar-2026 13:03) Posted: Individual who made 2.28 trillion rupiah claim on Keppel unit&rsquo s Jakarta land appeals court decision The Indonesian court ruled his case as &lsquo inadmissible&rsquo on Feb 9   [SINGAPORE] The individual who attempted to exert claim over land in Jakarta owned by a subsidiary of   Keppel   : BN4 +3.66% is appealing the Indonesian court&rsquo s dismissal of his 2.28 trillion rupiah (S$186.3 million) claim in February.    &ldquo The claimant has submitted an appeal against the decision to the DKI Jakarta province High Court via the South Jakarta District Court,&rdquo said Keppel in a Wednesday (Mar 18) bourse filing that provided an update on the case.    The South Jakarta District Court on Feb 9 had ruled the lawsuit by Tumpal Hutabarat, the claimant, to be &ldquo inadmissible&rdquo , and ordered him to pay court costs.    &ldquo The company does not expect the appeal to have a material impact on its operations and the overall financial performance,&rdquo said Keppel.    The company added that the Indonesian counsel of the unit Kepland Investama &ldquo maintains its opinion that Kepland&rsquo s land certificates are the strongest proof of ownership in accordance with Indonesian Agrarian Law&rdquo .     Dispute over Jakarta land In March 2025, Keppel said that the claimant commenced civil action against its wholly owned subsidiary Kepland and other parties.    He alleged ownership rights over land plots measuring about 24,500 square metres. Keppel noted that part of the disputed land is occupied by the International Financial Centre Jakarta Tower 2 building complex.     The claimant sought a declaration of his status as the legal owner of the disputed land plots, alongside potential compensation aggregating to around 2.28 trillion rupiah, based on the total land area indicated in affected land certificates, and a return of any unused land.    Keppel noted that the individual&rsquo s claim was premised on his possession of a document known as a &ldquo girik&rdquo , which he obtained around 1954. It added that possession of this document, under Indonesian Agrarian Law, is not considered proof of land ownership.

 

12:41 AM EDT, 03/19/2026 (MT Newswires) -- Keppel (SGX:BN4) said an Indonesian individual has filed an appeal in a legal battle over land ownership in Jakarta involving the company's subsidiary PT Kepland Investama.

The claimant, Tumpal Hutabarat, filed a civil action in March 2025 alleging ownership of certain plots. His claim was based on a "girik," a traditional Indonesian land revenue document dating back to 1954. Under the Indonesian Agrarian Law, girik is not considered proof of land ownership, Keppel said.

He sought a court declaration of ownership and compensation totaling approximately 2.28 trillion Indonesian rupiah.

However, on Feb. 9, 2026, the South Jakarta District Court ruled the lawsuit inadmissible. Keppel has now been notified that the claimant has elevated the case to the DKI Jakarta Province High Court.

Shares of the infrastructure and real estate company were down over 1% in early afternoon trading on Thursday.

 

 

SBB today - 50,000 shares bought at $12.77 and $12.78 ($639,496)

 

 

Powerful move today - Charging towards to its prior high of $13.25??  Let' s see if this rally still got legs.



 

 

Seatrium may be worth considering. The stock iis not too expensive and has potential to rise further, especially with the company buying back shares for three consecutive weeks.
The technical setup looks favorable as well.
Of course, please do your own analysis before making any decisions.

alanchee      ( Date: 18-Mar-2026 12:21) Posted: Engine restart and powering forward. Waited to price to drop to add more but went up instead. Maybe have to look other stocks liao

 

Engine restart and powering forward. Waited to price to drop to add more but went up instead. Maybe have to look other stocks liao

 

SBB today - 200,000 shares bought at $12.24 to $12.29 ($2,457,349)

 

SBB today - 200,000 shares bought at $11.99 to $12.17 ($2,415,980)

 

It' s alright - Share Buy Back (Company buying back its own shares)

fortune_cat      ( Date: 16-Mar-2026 14:06) Posted: paisei, what does SBB stand for?

 

paisei, what does SBB stand for?

 

SBB today - 300,000 shares bought at $12.08 to $12.15 ($3,644,206)

 

Dear Alex, I consulted MS-copilot on your behalf:

Right now, Keppel&rsquo s 13 legacy rigs are unlikely to fetch strong prices in the open market. Demand for offshore drilling rigs remains subdued, and management has signaled that monetisation will be gradual, likely through structured funds or securitisation rather than outright sales.

---

📉 Market Context

• Global rig demand: Offshore drilling activity has not rebounded strongly despite higher oil prices. Many operators prefer modern, fuel-efficient rigs, leaving older &ldquo legacy&rdquo units less attractive.
• Keppel&rsquo s positioning: Management has emphasized that the rigs are financial assets to be monetised, not redeployed for drilling. This suggests limited resale value in the current market.
• Accounting signals: Keppel&rsquo s FY2025 updates show that legacy O& M assets are treated as non-core, with monetisation expected to be slow and opportunistic.

---

⚖ ️ Pricing Outlook

• Discounted valuations: Legacy rigs are often sold at steep discounts compared to book value, especially if they are idle or incomplete.
• Better monetisation via funds: Keppel is exploring private fund structures and securitisation, which allow them to package rigs with cash reserves (S$843m) to attract investors, rather than relying on direct buyers.
• Timing matters: If offshore drilling demand rises in 2026&ndash 2027, prices could improve, but current sentiment is cautious.

---

📊 Scenario Table &ndash Monetisation Pathways

Pathway	Likely Pricing Outcome	Investor Implication
Direct sale of rigs	Low prices, steep discounts	Limited upside, risk of capital loss
Private fund securitisation	Better valuation by bundling rigs + cash	Potential yield opportunities for institutional investors
Third-party capital injection	Moderate pricing, shared risk	Attractive for investors seeking exposure without full ownership
Deferred monetisation	Hold until market improves	Optionality, but ties up capital

---

🚨 Risks & Trade-offs

• Obsolescence risk: Legacy rigs may not meet newer environmental and efficiency standards.
• Carrying costs: Idle rigs incur maintenance and storage expenses, eroding value over time.
• Market oversupply: With many rigs globally stacked or idle, buyers have bargaining power.

---

 

alexmay34      ( Date: 13-Mar-2026 13:43) Posted: Now legacy rigs should be able to fetch a good price? How many does Keppel has? I am quite hopeful that it should sell well now,   and at a better price, vested dyodd

 

Now legacy rigs should be able to fetch a good price? How many does Keppel has? I am quite hopeful that it should sell well now,   and at a better price, vested dyodd