Is Keppel Corp a good buy?
Financials. In terms of financial performance, Keppel stands out as it registered a 31.2% year on year increase in revenue to S$8.6 billion. The conglomerate reported improved revenue across all its four divisions and also saw a strong surge in operating profit.
Why did Keppel share price drop?
The simple analysis above shows that Keppel DC REIT has been steadily growing both its AUM and DPU over the last two years. Yet, the unit price of the REIT has tumbled due to short-term worries such as inflation and higher interest rates.
What is happening to Sembcorp Marine?
Sembcorp Marine Ltd. has agreed to merge with Keppel Corp.’s subsidiary in a deal that will create the world’s biggest builder of oil rigs and push the business further into renewables and alternative energy solutions.
Who owns Keppel?
Temasek Holdings
Temasek Holdings, a Singapore sovereign wealth fund, is the current largest minority shareholder of Keppel Corp.
Will SembCorp Marine recover?
SINGAPORE – SembCorp Marine (SCM) said it is positioned for growth and recovery as overall new order visibility across all business segments have improved, although it expects losses to continue in the second half of the financial year.
Is Keppel undervalued?
Keppel still undervalued despite recent rally, growth potential.
What is the target price for Keppel Corp?
Stock Price Target BN4
| High | $14.43 |
|---|---|
| Median | $10.24 |
| Low | $8.40 |
| Average | $10.58 |
| Current Price | $6.44 |
Who owns Keppel Corp?
Is Sembcorp Marine suspended?
Trading of Keppel and Sembcorp Marine shares was suspended Wednesday.
Is Keppel owned by Singapore government?
Controlled by the Singapore government, Keppel was placed under local management in 1972. The company continued to seek expansion opportunities, and in order to fund its growth strategy, the company went public in 1975. Nonetheless, the Singapore government maintained its majority ownership of the company.
Is Keppel a big company?
Notable Keppel subsidiaries include Keppel Offshore & Marine (world’s largest oil rig builder) and Keppel Land (world’s 2nd most sustainable diversified real estate developer)….Keppel Corporation.
| Type | Public |
|---|---|
| Traded as | SGX: BN4 |
| Industry | Offshore & Marine Property Infrastructure Investments |
| Founded | 1 September 1968 |
What is going to happen to Sembcorp Marine?
Is Sembcorp Marine a good stock to buy?
Investing in stocks, such as Sembcorp Marine, is an excellent way to grow wealth. For long-term investors, stocks are a good investment even during periods of the market volatility – a stock market downturn means that many stocks are on sale.
What are the undervalued stocks in Singapore?
7 Best Undervalued Stocks in Singapore to Invest In
- Jardine Cycle & Carriage Ltd (SGX: C07)
- Keppel Corporation (SGX: BN4)
- City Developments Limited (SGX: C09)
- Hongkong Land Holdings Ltd (SGX: H78)
- UOL Group Limited (SGX: U14)
- CapitaLand (SGX: C31)
- Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6)
Is city development a good buy?
Great news for investors – City Developments is still trading at a fairly cheap price. My valuation model shows that the intrinsic value for the stock is SGD10. 29, but it is currently trading at S$7.33 on the share market, meaning that there is still an opportunity to buy now.
What didkeppel Corporation announce?
KEPPEL Corporation on Monday (Feb 7) announced 2 new leadership appointments to drive digital transformation and sustainability. KEPPEL Corp was one of the first Singapore-listed companies I ever researched.
How did Keppel Corporation perform in the first quarter of 2021?
Keppel Corporation Limited has today released its voluntary business update for 1Q 2021. Keppel Corporation recorded a net profit in the first quarter of 2021, which was slightly higher year-on-year. All key business units apart from Keppel Offshore & Marine (Keppel O&M) were profitable.
Why did shares of Keppel Corporation rally on Friday (Jan 28)?
SHARES of mainboard-listed Keppel Corporation rallied on Friday (Jan 28) morning after the conglomerate posted a 6-year high FY2021 net profit of S$1 billion on Thursday.
What did Keppel announce for 3Q 2020?
Keppel Corporation Limited (Keppel) has today released its first voluntary business update for 3Q & 9M 2020, following the adoption of semiannual reporting of its results. Many of Keppel’s businesses provide essential services and continued to operate throughout the COVID-19 pandemic.