Keppel Corporation - OCBC Investment 2023-03-03: Expect ROE Recovery

• Combination of Keppel O&M and Sembcorp Marine done and dusted.
• Keppel's share price up 16% year-to-date (based on 2 Mar closing) after 42% rise in 2022.
• - Read this at SGinvestors.io -

Keppel Corp – Turning over a new page

• The combination of Keppel O&M and Sembcorp Marine (SGX:S51) is finally done and dusted. Keppel Corp (SGX:BN4)’s shares traded ex-dividend on 23 February 2023, but adjusting for the corporate action, Keppel's share price actually rose about 13% on that day and has been trading around the S$5.20-S$5.60 range ever since.
• - Read this at SGinvestors.io -

FY22 net profit lower by 9%

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2025-02-06 Keppel Ltd - Relentless Reinvention.

Previous report by OCBC:
2024-08-02 Keppel - Ongoing Evolution.

Price targets by 2 other brokers at Keppel Corp Target Prices.

Listing of research reports at Keppel Corp Analyst Reports.

Relevant links:
Keppel Corp Share Price History,
Keppel Corp Announcements,
Keppel Corp Dividend Payout Dates & Corporate Actions,
Keppel Corp News