Keppel Corp

Right Timing

Keppel readies for a break, caution on OUE surge, respite for STI

Technically, OUE is certainly attracting its fair share of attention. The moving averages are bunched up and turning positive simultaneously.

Right Timing

STI ready for a respite; Keppel rising to the challenge

The Straits Times Index looks somewhat tired following its rise from 2,881 in Feb to 3,207 in the first week of April, before easing slightly.

Revamp of M1 aligns it with Keppel’s Vision 2030 - THE EDGE SINGAPORE

TELECOMMUNICATIONS

Revamp of M1 aligns it with Keppel’s Vision 2030

Since and even before the launch of Keppel Corp’s Vision 2030 last year, the conglomerate has been busy realigning its various businesses.

Keppel Corp chairman Lee Boon Yang to retire, Danny Teoh to take over - THE EDGE SINGAPORE

Company in the news

Keppel Corp chairman Lee Boon Yang to retire, Danny Teoh to take over

Keppel Corp’s non-executive chairman Dr Lee Boon Yang will retire from the company with April 23 2021, right after its upcoming annual general meeting.

Keppel’s exit announcement from rig-building the easy part; execution will be tough - THE EDGE SINGAPORE

Company in the news

Keppel's exit announcement from rig-building the easy part; execution will be tough

The Jan 28 announcement of Keppel Corp’s exit from the rig-building business should have elicited a positive response from the market.

Analysts divided on Keppel after exit announcement of rig building business - THE EDGE SINGAPORE

Broker's Calls

Analysts divided on Keppel after exit announcement of rig building business

Analysts are mixed on Keppel Corp following the announcement of the exit of its rig building business.

Weakness sets in for some of STI’s components  - THE EDGE SINGAPORE

Right Timing

Weakness sets in for some of STI’s components

The local market’s bellwether stock, DBS Group Holdings, has fallen below its 50-day moving average at $25.62. And, with its Jan 29 close of $25.18, DBS is also below a support range at the $25.30

O&M impairments plunge Keppel into FY2020 loss of $506 mil - THE EDGE SINGAPORE

Company in the news

O&M impairments plunge Keppel into FY2020 loss of $506 mil

Keppel Corp, which has continued to be dragged by its loss-making offshore & marine (O&M) business, has reported a net loss of $506 million in FY2020 ended Dec 31.

Keppel O&M enters into second framework deed with Borr Drilling to defer delivery of rigs to 2023 - THE EDGE SINGAPORE

Offshore & Marine

Keppel O&M enters into second framework deed with Borr Drilling to defer delivery of rigs to 2023

Keppel Offshore & Marine (Keppel O&M) has entered into a second framework deed with Borr Drilling to defer the scheduled delivery of the five jackup rigs to 2023.

Firmer interest rates, US stimulus boost oil, cyclicals and STI - THE EDGE SINGAPORE

Right Timing

Firmer interest rates, US stimulus boost oil, cyclicals and STI

In the first week of 2021, North Sea Brent surged to US$70.73 per barrel initially on Jan 6, the commodity’s highest level since Sept 2020, but fell back to US$53 per barrel during the afternoon in

×