Short term wise, it may likely go down to revisit $2.50 then $2.44 with extension to $2.40.
Looking through their financial numbers for the past 5 years , Total revenue has been declining $10.8b in 2014 to $8.9b in 2018.
Net Income has seen a greater declined from $801m in 2014 to $191m in 2018. A drop of almost 300+%. Doesn't looks good!
Diluted EPS has also been declining from 26 cents in 2014 to 11 cents in 2018.
Dividend has seen a greater cut from 16 cents in 2014 to 5 cents in 2018 .
Yield is about 1.93% base on current price of $2.59. I think is not attractive.
Net Income margin has been declining from 7.35% in 2014 to 2.12% in 2018. Another weak factor that you may want to take note of .
Not a call to buy or sell.
Please do your Own due diligence.
Sembcorp Industries Ltd engages in the utilities, marine, and urban development businesses. The company’s Utilities segment provides energy, water, on-site logistics, and solid waste management services to industrial, commercial, and municipal customers. Its activities in the energy sector include power generation and process steam production, as well as natural gas importation and retail; and water sector comprise wastewater treatment, and production and supply of reclaimed, desalinated, and potable water, as well as water for industrial use. This segment has approximately 11,000 megawatts of gross power capacity; and manages facilities that provide approximately 9 million cubic meters per day of water. Its onsite logistics and services include service corridor, chemical storage, and terminalling facilities, as well as hazardous waste incineration and industrial gases supply services; and solid waste management services, such as municipal, industrial and commercial, construction and demolition, and bio-hazardous waste collection services, as well as post-collection treatment and waste-to-resource services. The company’s Marine segment provides integrated solutions for the marine and offshore industry, such as rigs and floaters, repairs and upgrades, and offshore platforms and specialized shipbuilding. Its Urban Development segment owns, develops, markets, and manages integrated urban developments comprising industrial parks, as well as business, commercial, and residential spaces. The company’s Others/Corporate segment includes businesses relating to minting, design, and construction activities; and offshore engineering and others. It operates in Singapore, China, India, rest of Asia, the Middle East, Africa, Europe, Brazil, the United States, and internationally. The company was formerly known as Minaret Limited and changed its name to Sembcorp Industries Ltd in July 1998. The company was incorporated in 1998 and is headquartered in Singapore.
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