Sembcorp Marine (SMM)

Broker's Calls

Things are looking up for O&M sector: UOB Kay Hian

SINGAPORE (Jan 21): The offshore and marine (O&M) sector is kept at “market weight” by UOB Kay Hian, as analysis by the research house on the global oil and gas (O&G) sector and the global

Management & Corporate Governance

Police raid a reminder that Sembcorp Marine's Brazil woes are far from over

SINGAPORE (July 8): Singapore’s formerly thriving offshore oil and gas sector has received yet another rude jolt: The fallout from the multi-year bribery-for-contracts scandal in Brazil is not over

Management & Corporate Governance

Police raid a reminder that Sembcorp Marine's Brazil woes are far from over

SINGAPORE (July 8): Singapore’s formerly thriving offshore oil and gas sector has received yet another rude jolt: The fallout from the multi-year bribery-for-contracts scandal in Brazil is not over

Broker's Calls

Loan from parent eases concerns of imminent Sembmarine cash call

SINGAPORE (June 25): DBS Group Research says the $2 billion loan from Sembcorp Industries (SCI) to 61%-owned subsidiary Sembcorp Marine (SMM) is likely to ease concerns over an immediate cash call.

Broker's Calls

SembMarine is now looking cheap but beware of the risks: OCBC

SINGAPORE (May 30): OCBC Investment Research is maintaining its “hold” call on Sembcorp Marine (SMM) while lowering its fair value estimate to $1.60 from $1.77 previously upon slashing its price-to

Broker's Calls

SembMarine at 'turning point' but future order wins critical: analysts

SINGAPORE (Feb 21): Analysts believe Sembcorp Marine (SMM) could be on the cusp of a turnaround, after swinging out of the red with earnings of $5.9 million for 4Q18.

Broker's Calls

SGX shipbuilders could gain from merger of world's 2 largest yards

SINGAPORE (Feb 4): The integration between Korean mega shipbuilders Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME) spells good news for Singapore-listed ship

Results

SembMarine sinks into $30 mil loss in 3Q on continued low overall business volume

SINGAPORE (Oct 25): Sembcorp Marine has reported a loss of $29.8 million in 3Q18, compared to earnings of $101 million in 3Q17 after restating for accounting changes on adoption of SFRS (I).

Broker's Calls

Why SembMarine is a likely winner of Rosebank's billion-dollar project

SINGAPORE (Aug 30): CGS-CIMB Research is maintaining “overweight” on the offshore & marine (O&M) industry while highlighting Sembcorp Marine (SMM) as its top “add” pick in Singapore with a

Results

Sembcorp Marine reports lower 1Q earnings of $5.3 mil on lower contributions from platforms division, absence of one-off gain

SINGAPORE (Apr 25): Sembcorp Marine announced an 86% fall in earnings for the first quarter ended March from a year ago.

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