Sembcorp Industries

951 Broker's Digest

Broker's Calls

951 Broker's Digest

Ho Bee Land
Price target:
CGS-CIMB “add” $2.70

Higher target price on prospects of steadier recurring income

Broker's Calls

950 Broker's Digest

ParkwayLife REIT
Price target:
DBS Group Research “buy” $4

Boost from index inclusion, prospects of ‘third pillar’

Company in the news

Keppel impairment thwarts Temasek's restructuring plans

When it comes to ensuring that Temasek Holdings’ portfolio companies continue to survive and thrive, the state investment fund usually has its way through intervention.

Company in the news

Temasek’s portfolio value, returns slip on Covid

Like many companies around the world, Temasek Holdings was not spared from the impact brought by the Covid-19 pandemic.

Results

Sembcorp incurs $131 mil net loss in 1H20 on Hin Leong inventory write-off, among other things

SINGAPORE (July 17): As a result of exceptional items amounting to $161 million under its energy business, among other things, Sembcorp Industries has reported a net loss of $131 million in the fir

Results

Sembmarine plunges into wider 1H20 net loss of $192 mil amid Covid-19

SINGAPORE (July 15): Sembcorp Marine (Sembmarine) has reported a weaker set of results for the six months ended June 30, 2020 as the novel coronavirus (Covid-19) crippled many industries, including

Broker's Calls

RHB shrugs off prolonged O&M downturn, keeps ‘buy’ on Keppel, Sembcorp, Sembmarine

SINGAPORE (July 8): Despite the prolonged downturn in the offshore and marine (O&M) sector, RHB Securities continues to be “overweight” on the sector.

Broker's Calls

O&M sector could take beyond two years to recover: UOBKH

SINGAPORE (June 29): The offshore and marine (O&M) sector, which has experienced a prolonged downturn since the 2014 crash in crude oil prices, is unlikely to see a recovery any time soon.

In print this week

Conscious decoupling

Sembmarine will no longer be a drag on parent Sembcorp Industries after a rights issue and demerger. Can the offshore unit recapture its glory days?

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