(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-8679583308408160", enable_page_level_ads: true });

Wednesday, April 4, 2018

Wilmar

Wilmar - update 4th April 2018
Today the selling down is basically due to market trade tariff matters.
It drops 10 cents lower to close at $3.08. Short term wise ,I think likely to retest the recent low of $3.00 the $2.97.

Breaking down of $2.97 may see it goes further down towards $2.90 with worst scenario towards $2.70.
I think the market tariff matter may be a temporary black cloud disturbing the market sentiment.



I may look at accumulating if price has fallen below $3.00.
Not a call to buy or sell.
Dyodd


Wilmar Intl - NAV $3.304, Rolling EPS 0.306, PE 13.721.
Final dividend of 7 cents for FY 2017. Together with Interim dividend of 3 cents. Total dividend is 10 cents. Yield is 3.2% at $3.12 per share.

The recent share buying back by company director of 2.44m share at $3.103 per share & 79300 share at $3.18 per share may likely be a boost of confidence..

I have jeep small lots at $3.12 today..I am buying for the future growth and may be the listing of their China ipo.. dyodd.

Reply to @Sporeshare : Ah.....This is the golden big question! If Wilmar is really pushing for an IPO of their China operations in Shanghai exchange, I think can look at other similar commodity giants that are already listed in Shanghai exchange to see where are they trading now in their price to earnings multiple. That will give us a good gauge what types of multiples we are potentially looking at. Surely, we cannot expect Wilmar to list their China operations at too low a gap from their peer competitors on Shanghai exchange. If that is the case, why still push for IPO listing if the valuation it would fetch is not attractive at all? If want to unlock value by the IPO, might as well unlock it well.

I attached an article from TheEdgeSingapore which an analyst pegs a target price of $4.10 based on an attractive valuation now, strong crushing margins so far in FY18 and the anticipated listing of its China unit. You can read through the article to see the rationale put forth by the analyst. In any case, we are not trying to be precise in forecasting our target price. The analyst puts forth a possible listing of the China unit at up to 23 P/E ratio on the Shanghai exchange. 
Based on good common sense and my previous sharing, Wilmar's share price definitely has all the good catalysts as we can see currently going for it to reach a higher price level. My previous estimated fair price of $3.18 is based on a worst case scenario. Unless we think Wilmar will eventually fail in all accounts of the prospected catalysts in having weaker overall performance this year and anticipated listing of it's China unit falls through, then worst case scenario may pan out. Thus, the downside as I can see on probability terms is low while upside has high probability of happening. 
Therefore, if you ask me, is $4 you quoted likely to reach in future? My answer is even if not reaching $4, I think the probability of the share price rising higher from current level in view of all these potential future catalysts is surely there. How about a $3.60 price in future based on my "anyhow" guess? I think that will be already at least a good perk of 11.5% share price gain if it really happens by this year end. $4.10 will be even more "shiok" with a potential return of 26.9% if it really happens within one year's time based on the analyst's target price in this article by TheEdgeSingapore! I think it is a case of making either more or lesser returns from this bet here on Wilmar. As long as one does not chase at higher price if it should chiong but instead has already accumulated cheap in advance, one should be falling into the case of making more or lesser returns on this bet hopefully within one year's time frame.
https://www.theedgesingapore.com/wilmar-kept-add-valuations-strong-crushing-margins-and-upcoming-listing-china-unit

Wilmar International. The overall feel I have of this large agricultural international group is that it already has extensive and deep degree of reach in it's agricultural and related businesses in terms of many geographical regions they are in (about 50 countries as reported on their website with about 500 manufacturing plants worldwide) and also the entire value chain they are serving from upstream plantation and harvesting to mid stream processing and refining to downstream distribution and sales of their final products to consumers.
On a one decade time frame, Wilmar International has compounded it's revenues at a CAGR of 10.3% which is respectable and not surprising considering how significant this group has grown over the years. It's operating income has compounded at a CAGR of 8.1% over the past decade. It's net income has compounded at a CAGR of 7.7% over the past decade. It's EPS has compounded at a CAGR of 4.1% over the past decade. Again, this looks like a moderate to slow grower over the past decade just slightly better than SATS that we looked at previously in terms of the growth in it's profitability.
If we look at their past 5 years trend for the revenue, operating income, net income and EPS, there was a dip in all these metrics after FY12 onwards which only recovered in their FY17 results near to FY12 levels.

qUOTE : I checked up the palm oil historical prices and indeed it confirmed my thinking that this dip over the past 5 years which only recovered recently was probably correlated to the drop in palm oil price over the past 5 years. Currently, palm oil price has recovered from the lows but still it is now only two-thirds of the last peak price reached in 2012. The big question is whether the palm oil price will continue to recover towards the last peak price reached in 2012 going forward or continue to hold around current price and do a ding-dong in price, sometimes up and sometimes down but no clear up direction for the next few years? This I do not know as I think only insiders of the palm oil industry will know the dynamic factors of global supply and demand affecting palm oil prices. I consider this as outside my circle of competence. But looking at palm oil historical prices, it sure looked quite volatile to me and hard to grasp.{
jeremyowtaip}

As such, the various trend on their returns on assets (ROA), returns on equity (ROE) and returns on invested capital have also dipped over the past 5 years and have almost recovered in the latest set of FY17 results to close to same returns as FY12. However, the various returns are still single digits returns in %. For example in FY17, ROA is now around 3% while ROE is around 7.6%.


 If we stretch further backwards to compare their current returns against one decade ago which the various returns were higher in FY07 of ROA around 6.7% while ROE was around 13.8%, we can clearly see that Wilmar is now not a high return beast as it used to be a decade ago. It seems that it is not easy to attain the same returns as before anymore now that Wilmar has outgrown so much that at it's current size it cannot generate the same returns on assets and shareholder equity as before. Now again, the big question is how will the various returns going forward in future years be like? Will it remain around same level as now or become lower? Size is one thing which makes it increasingly difficult to generate the same level of returns. What if they can grow their revenue and profits further in future years should palm oil prices recover? Maybe there could be a chance to improve their returns though going back to double digits returns likely will be difficult. This would mean they have to increase their current net profits by another approximately 120% at current size of total assets for example to go back to previous decade ago record of ROA. A jump in 120% increase in net profits at current level of USD 1.22 billion for WIlmar next year based on core businesses and not through some non-recurring disposal of assets? One must be joking to ask the dog to jump over the high wall!

The financial leverage of Wilmar has been steady over the years managing their debts level and balance sheet well. Cash flows wise though can be volatile seems to still generate free cash flows at least enough to pay a dividends which has grown over the past decade.
Their CAGR for EPS over the past 5 years has been about 0% even though 10 years CAGR was 4.1%. I will factor in a best case scenario and a worst case scenario in estimating their fare share price value taking into account all the above mentioned details of this comment. If we make a best case scenario of Wilmar continuing to grow it's current EPS at CAGR of 4.1% going forward, then using my method of estimation, their fare share price will be $4.25. However, if we make a worst case scenario of a CAGR of 2% on their EPS going forward for next business cycle (7 years), then their fair share price will be $3.18.


This is mind-blowing! It all depends on the performance of Wilmar going forward. If they can parallel their historical compounded growth rates on their EPS, then it will be a bonus to buy their shares now at cheap cheap share price! However, should they grow at a lower forward CAGR about somewhere half in % terms on their EPS, then we are exactly getting Wilmar now at fair value $3.18 and it will not be cheap now to buy! This really requires an investor's forward opinion on how Wilmar will perform for next 7 years cycle to decide whether to put in his or her stake at current price. Will this be a value buy or value trap? Hmm

Wilmar International has since diversified their commodity businesses over the years into business segments including tropical oils, oilseeds and grains, sugar and biofuels and other investment businesses. This horizontal diversification and vertical integration tapping at all levels of the value chain has allowed Wilmar to grow to it's current humongous size despite being in a general low profit margin agricultural commodity businesses.
I forgot to mention another important piece of bright spot for Wilmar! I read up in it's most recent financial report that they are considering looking at an IPO listing of their China rice, flour and related consumer products operations in China.
http://sbr.com.sg/agribusiness/news/wilmar-eyes-china-expansion
 But things are still in the early stage of assessment. If that were to happen, imagine the craze of investors rushing in for this potential spin-off of their China businesses which will unlock value for shareholders. Then, buying at current share price is now cheap if we factor in this potential unlocking of value from such a future proposition which will increase their profits and returns by some substantial jump if that were to happen some time down the road. It may happen as early as 2019 based on a write-up by Singapore Business Review. Hmm....I am now starting to get somewhat interested after knowing this.



Some info on Shree Renuka Sugars I found out. It is the largest raw sugar producer in India and Brazil. As what the others have pointed out, the management was too aggressive in their overseas expansion bet in South America which didn't go well chalking up huge debts. This is because after year 2012, the sugar prices dropped from their peak reached and also correlated to Shree Renuka's operating losses from 2013 to now as sugar prices remain lower and now only recovered to two-third of the peak price reached in 2012.
Wilmar has this chance to acquire a controlling stake in Shree Renuka Sugars because the latter chalked up so much debts from their aggressive expansion to South America market which didn't pan out well. Thus, during this current debt restructuring exercise, Wilmar can take this opportunity to acquire a controlling stake in the equity of India and Brazil largest raw sugar producer Shree Renuka Sugars.
quote :I will need to examine the financial strength of Wilmar whether they can take on this acquisition without risking themselves too much. But, the offer to acquire a controlling stake in Shree Renuka Sugars by itself sounds to be a wonderful move. If sugar prices should continue to recover to previous peaks in 2012 and earlier, Shree Renuka Sugars may be able to return to better profitability again. The return on invested capital for Shree Renuka Sugars before they went downhill in 2013 are still good. If Wilmar after acquiring Shree Renuka Sugars can turnaround this largest sugar producer in India and Brazil successfully, it will be very good for Wilmar to further expand their sugar business significantly.
PS: Shall investigate whether Wilmar is strong enough to take on this acquisition without stressing their balance sheet too much. Get back to you again.
I did an estimation on the required amount for Wilmar to make the acquisition of shares in Shree Renuka Sugars based on regulations of Securities and Exchange Board of India after Wilmar converted it's convertible preference shares to common equity shares and triggered the regulations of the exchange to make an offer to acquire up to 26% of the emerging share capital of Shree Renuka Sugars. The cash outlay needed to acquire up to 26% of the emerging share capital of Shree Renuka Sugars is approximately USD 124 million. Wilmar has about USD 2.96 billion in cash and equivalents plus other bank deposits. It's current ratio stands at around 1.15 based on FY17 financial report. This acquisition requires very small cash outlay for Wilmar as compared to the cash and bank deposits it now has. However, after the acquisition of a controlling stake in Shree Renuka Sugars has been completed, I am not sure how much remaining debts of Shree Renuka Sugars Wilmar will carry as some of the debts owed to the lenders have been converted to equity in Shree Renuka Sugars.
I checked up Shree Renuka Sugars balance sheet as at Sep 17. They carried a total of about USD 1 billion worth of total liabilties on their balance sheet. With some of the borrowings of Shree Renuka Sugars converted to equity, the total liabilities should be lesser than this figure. Thus, with Wilmar's existing USD 2.96 billion in cash and equivalents plus bank deposits and if we consider Wilmar's current assets of total about USD 22.6 billion, Wilmar definitely has much more than enough resources to cover the liabilities of Shree Renuka Sugars even after Wilmar completes this acquisition of a controlling stake in it. There is no concern at all in acquiring a controlling stake in Shree Renuka Sugars for Wilmar. Instead, Wilmar would have gotten this India and Brazil largest raw sugar producer under it's wings.(jeremyowtaip)

But having said that, those few stocks we discussed about like Wilmar and Thai Beverage are good stocks to hold for the longer term as there are future potential catalysts in them. The potential listing of China operations for Wilmar which will unlock value for shareholders and may re-rate share price higher. The future long term contributions to earnings and returns from the new acquisitions for Thai Beverage will outpace the cost of their initial investment. The market position of Thai Beverage has strengthened as a leader in this Southeast Asia region with these acquisitions. The fair share price of Thai Beverage I cannot determine at the moment. But, in future the direction of the share price can only go one way which is up as the new acquisitions start to increase the overall profitability and cash flows further while the debts get slowly reduced over time.

For SATS, it is a steady slow grower. Just need a bear market to grab it cheap at fair value or lower than fair value and see the price will bounce back and trade higher than fair value due to so many favourables surrounding it which may continue for a very long number of years ahead.

STI & Dow

Latest news: looks like bargain Hunter has saved the day to take into positive territories.
Quote :
 a wild session on Wednesday, stocks closed sharply higher as Wall Street erased massive losses earlier that came after China's announcement of new tariffs on U.S. goods sparked fears of a trade war.
The Dow Jones industrial averageclosed 230.94 points higher at 24,264.30, rallying more than 700 points from its session low. Microsoft and IBM were the best-performing stocks in the index.
The S&P 500 erased a 1.6 percent decline to finish the session 1.2 percent higher at 2,644.69, led by gains in consumer stocks. The broad index also closed back above its 200-day moving average, a key technical level. The Nasdaq composite closed 1.5 percent higher at 7,042.11 after plunging as much as 1.9 percent.
Stocks mounted their comeback as the White House tried to push back on the notion a trade war would breakout.
Larry Kudlow, Trump's chief economic advisor, told reporters: "He wants to solve this with the least amount of pain.... this is a growth action. I can't emphasize that enough."
"We have a very emotional tape," said Jeff Kilburg, CEO of KKM Financial. "When you have so much emotion, you're going to see some volatile moves."
"The emotional tape presents investors with a buying opportunity," he said.
Apple helped lead the comeback in the market, rising 1.9 percent. Chip stocks also rebounded, with Micron and Advanced Micro Devices climbing 3.6 percent and 2.3 percent, respectively.https://www.cnbc.com/2018/04/04/us-stock-futures-dow-data-trade-tech-and-politics-in-focus.html
STI - today drop 72.45 points to close at 3339.70. It has broken down the support at 3470 as well as 3400 psychological level.


Looks bearish!
Likely to go down to test 3336/3300 with extension to 3200.
Even with the good news from US market added 241K jobs may also unlinely to lift the market condition as the latest spade of retaliation import tariff from China :

China announces new tariffs on 106 US products, including soy, cars and chemicals

  • The effective start date for the new charges is not announced, though China's Ministry of Commerce says the tariffs are designed to target up to $50 billion of U.S. products annually.
  • The 25 percent levy on U.S. imports includes products such as soybeans, cars and whiskey.
  • The move comes less than 24 hours after President Trump unveiled a list of Chinese imports that his administration aims to target as part of a crackdown on what he deems as unfair trade practices
  • https://www.cnbc.com/2018/04/04/china-new-us-tariffs-including-soy-cars-and-chemicals.html
Not a call to sell or buy.

Private payrolls grow by 241K in February vs. 205K est.: ADP/Moody's Analytics

  • Private companies added 241,000 positions in March as employment in construction and manufacturing surged, according to ADP and Moody's Analytics.
  • The report was well ahead of Wall Street estimates for 205,000 growth and marked the fifth straight month that private payroll growth topped 200,000.
  • Service providers added 176,000 new jobs while goods-producing industries contributed 65,000.
  • "The job market is rip-roaring," says Mark Zandi, Moody's Analytics' chief economist.

As I am writing now, Dow futures is down with -457 points . Dow may likely retest the recent low of 23360. 


Breaking down of 23360 will be rather bearish as it is also broken down from the Uptrend channel and is heading down to form the bearish downtrend mode patterns. It may likely go further down to test 22220 with extension to 21350..

Not a call to sell or buy . 

Trade/invest base on your own decision

Tuesday, April 3, 2018

Singpost

Singpost - from TA point of view , it is still on a long term downtrend mode as being shown on the weekly chart patterns.


Short term wise, it is also on a bearish mode / loosing momentum and may likely go down to test $1.30. Breaking down of $1.30 level may go lower towards $1.28 then $1.25 level.


NAV of 61.8 cents.
Rolling EPS of 1 cent.
PE of 140 times.
Dividend of 2 cents.
Yield of  1.52%. Doesn't look attractive.

The company is still trying to turn around the business with the declining Postal mail services. E-commerce is still in the red.
The coming quarter announcement iithink  may see revenue increased boosted by their Singpost building rental revenue .

Not a call to buy or sell.
Please do your own due diligence.




Singpost : Singapore Post Limited provides postal, e-commerce logistics, and retail services in Singapore and internationally. The company operates through three segments: Postal, Logistics, and eCommerce. The Postal segment offers services for collecting, sorting, transporting, and distributing domestic and international mail, as well as sells philatelic products. Its international mail service includes handling of incoming and outgoing international mail. This segment also provides ePost hybrid mail services, which integrate electronic data communication with traditional mail; and agency services and financial services. The Logistics segment offers a range of logistics solutions, including freight, warehousing, domestic and international distribution, and delivery services. Its services include e-commerce logistics, warehousing, fulfilment and distribution, and other value-added services; and parcel delivery, freight forwarding, and self-storage solutions and management services. The eCommerce segment provides front-end e-commerce solutions. The company is also involved in the online sale of luxury products; provision of management and consultancy services to related entities, as well as business mail solutions and distribution of mail, and global sale and marketing services; and real estate activities. In addition, it provides electronic platform and recyclable lockers for merchandise distribution, as well as customs brokerage services; and acts as a trading company and purchases organization for ocean freight services. Further, the company is involved in the courier activities other than national post activities; and provision of freight collections transshipments, logistics management, and aviation services. Singapore Post Limited was founded in 1819 and is headquartered in Singapore.

Singapore Saving Bond

Singapore Saving Bond - one of the best option to park your cash to earn a higher interest that spread across 10 years.

This month bond offering start from 2nd April 6pm onwards to 25 April 9pm

A safe and flexible way to save for the long term


The monthly issuance size of the Singapore Savings Bond (SSB) programme has been increased to S$200 million from this month. For more details, refer to the media release.

Results: After 3.00pm, 26 Apr 2018
Keep track of the important dates .

Interest rate for 1st year is 1.65%.
10 years interest is 3% . Based on the table rate reflected on the website.
At the end of each year, on a compounded basis.

http://www.sgs.gov.sg/savingsbonds/Your-SSB/This-months-bond.aspx

Application may apply through: DBS/POSB, OCBC and UOB ATMs and Internet Banking, OCBC Mobile Application from 7.00am - 9.00pm, Mon - Sat, excluding Public Holidays. On 2 Apr 2018, these channels will be open from 6.00pm to 9.00pm. CPF and SRS funds are not eligible.

Invest amount : You can invest a minimum of $500, and in multiples of $500. The total amount of Savings Bonds held across all issues cannot be more than $100,000.

Interest Payment dates : The 1st interest payment will be made on 1 Nov 2018, and subsequently every six months on 1 May and 1 Nov every year.

Each Savings Bond has a term of 10 years and pays interest every 6 months. Savings Bonds cannot be traded like conventional bonds or shares. Interest income is exempt from tax. Only individuals above 18 years old can apply.

Savings Bonds are fully backed by the Singapore Government. And because the bonds can always be redeemed for the full amount invested, investors are protected against capital losses when interest rates change. This makes them one of the safest possible investments for individuals to hold.

Save up to 10 years, and earn interest that “steps up” or increases over time. Hold your Savings Bond for the full 10 years and receive an average interest per year that matches the return from 10-year Singapore Government Securities yields, which has generally been between 2%-3%.

Flexible : 
Or, choose to exit your investment in any given month, with no penalties. There is no need to decide on a specific investment period at the start.

Monday, April 2, 2018

AEM

AEM - down 79 cents to $5.99 this morning looks bearish! The price has fallen below it's 50 Days MA which is viewed as quite bearish!
This Gap down with high volume may likely see another Gap down follow-through. Not a call to sell or buy.
Pls do your own due diligence.

This selling could be due to

Apple Plans to Use Its Own Chips in Macs From 2020, Replacing Intel. 

Quite : https://www.bloomberg.com/news/articles/2018-04-02/apple-is-said-to-plan-move-from-intel-to-own-mac-chips-from-2020

The shift would be a blow to Intel, whose partnership helped revive Apple’s Mac success and linked the chipmaker to one of the leading brands in electronics. Apple provides Intel with about 5 percent of its annual revenue, according to Bloomberg supply chain analysis.

AEM which is Intel partner supplier may be affected by this latest news from Apple moving into having it's own chips from 2020.

AEM rolling EPS of 34.3 cents.
PE of 17.04 times .

Current price ofo$5.99 seems trading at premiun / full value price. 

Looking at the chart, looks like it may go down to test $5.60 with extension to $5.00 .





AEM :
AEM Holdings Ltd, an investment holding company, provides solutions in equipment systems; and precision components and related manufacturing services for various industries. The company operates through Equipment Systems Solutions and Precision Component Solutions segments. It provides high density modular test handlers, wafer handling systems, hot spot testers, and smartcard backend handlers for use in semiconductor, solar cell, and smartcard manufacturing facilities, as well as related tooling parts; and designs, develops, and manufactures precision engineering products, such as test sockets, device change kits, stiffeners, golden units, holding jigs, preventive maintenance kits, and precision mechanical assembly modules for use in the electronic, life science, instrumentation, and aerospace industries, as well as offers engineering services. The company offers its products through a network of sales offices, associates, and distributors in Asia, Europe, and the United States. AEM Holdings Ltd is headquartered in Singapore.

Sembcorp Marine

Sembcorp Marine -

US crude sinks 3%, settling at $63.01, as geopolitical anxiety that fueled a rally fades

  • Oil prices fell as geopolitical concerns that bolstered the market last week faded.
  • Rising Russian output and U.S.-China trade spat also weighed on the market.
  • Oil prices earlier rose as U.S. sanctions against Iran supported crude.quote : cnbc.com 3rd April.

Looks like we may see price heading lower to retest $2.10 level which is also the 100MA . Breaking down of $2.10 may see further selling down pressure towards testing the $2.00 psychological level.

I think with the M&A matter being simber down . Short term wise, 
Not much catalyst to drive the price higher unless news of new order contract winning surface.

With oil price stuck within $60-$65. 
I think not much room and motivation for oil rigs investor to come in at this juncture. 


Not a call to sell or buy.
Dyodd.


Sembcorp Marine Ltd, an investment holding company, provides offshore and marine engineering solutions worldwide. The company engages in the turnkey design, engineering, procurement, construction, and commissioning of offshore newbuilding and conversions, FSOs, FPSOs, FDPSOs, FPUs, MOPUs, gas terminals, FLNGs, FSRUs, jack-ups, semi-submersibles, drill ships, SSP solutions, TLPs, and SPARs. It also engages in the repair, refurbishment, retrofitting, life-extension, upgrading, and conversion of vessels, marine and offshore structures, LNG and LPG gas carriers, cruise ships, ferries, mega-yachts, floating production vessels, MODUs, tankers, containers, and cargo ships, as well as offers jumboization and dejumboization solutions. In addition, the company offers afloat and emergency repair, underwater cleaning and repair, main engine maintenance and repair, steel and pipe work, electrical and instrumentation repair, mechanical and motor rewind repair, tank cleaning, sludge and oily waste disposal, staging work, hydro jetting and hydro/vacuum blasting, riding crew and voyage repair, specialized workshop repair and reconditioning, vessel towage and port clearance arrangement, specialists service and navigation, automation, safety, and fire protection services. Further, it offers offshore platform solutions, such as integrated process; production, riser, and drilling; wellhead, power generation, manifold, and accommodation platforms; and wind-farm substations, as well as topside modules fabrication, installation, and integration. Additionally, it designs and builds sophisticated, specialized, gas value chain, ferry, RoPax, cruise, renewable energy and offshore support, naval support and security, and research and scientific survey vessels. The company was formerly known as Jurong Shipyard Ltd and changed its name to Sembcorp Marine Ltd in 2000. The company was founded in 1963 and is headquartered in Singapore. Sembcorp Marine Ltd. is a subsidiary of Sembcorp Industries.
B
  • Sembcorp Industries’ Strategic Review Gives Rise To Speculation
  • C
    Sembcorp Marine Ltd, 2017 Earnings Call, Feb 21, 2018
  • D
    Sembcorp Marine Ltd Announces Board Changes
  • E
    Sembcorp Marine Ltd Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2017; Reports Property, Plant and Equipment Written Off for the Fourth Quarter Ended December 31, 2017
  • F
    Sembcorp Marine Ltd Recommends Final Dividend for the Fiscal Year 2017, Payable on 11 May 2018
  • G
    Sembcorp Marine Ltd to Report Fiscal Year 2017 Results on Feb 21, 2018
  • H
    HSBC Holdings plc, ASEAN Forum, Feb 27, 2018 through Feb 28, 2018
  • I
    Sembcorp Marine Ltd Appoints William Tan Seng Koon as Member of the Executive Committee, Effective 1 December 2017
  • J
    Sembcorp Marine Ltd Announces Incorporation of Wholly-Owned Subsidiary in Singapore
S&P Capital IQ Consensus Estimates 
Consensus Recommendation
Sell Hold Buy

Consensus Target Price
SGD 2.134
S&P Capital IQ Alpha Factor Composites 
Click on the composite to see companies with the same rank.

Valuation UNDER  OVERAnalyst Expectations HIGH LOWCapital Efficiency HIGH  LOWPrice Momentum HIGH  LOWEarnings Quality HI