The weekly 4 Stocks This Week column on DollarsAndSense was started in 2017 with a simple objective was simple: to provide a convenient read each week for busy investors to stay updated with what is happening on the Singapore Exchange. 4 Stock This Week is not a recommendation from us to buy or sell any of the stocks that wke feature. Its purpose is to highlight interesting stocks that investors should be aware of, rather than to analyse these stocks. For this week’s edition, instead of the usual coverage of four stocks, we’ll do a year in review of the other 51 instalments of 4 Stocks This Week that our team has written in 2019. Over the past year (51 weeks), we’ve covered 123 SGX-listed stocks, 4 ETFs and 8 Daily Leverage Certificates. The most covered stock was Sas

Since my last article on this counter, Sembcorp Marine share price rose from the grave to reach a high of $1.40 in recent days. The spectacular form of Sembcorp Marine share price was surely a welcome sight for investors. This is because this counter had been on a trashy form since its subsidiary in Brazil, Estaleiro Jurong Aracruz Ltda (“EJA”), had been stormed by the Brazilian authorities in early July 2019. The raid was in relation to a corruption probe, nicknamed “Operation Car Wash”. Needless to say, the market went into overdrive after the announcement of the stunning partial offer by Temasek Holdings for Keppel shares. There were plenty of speculations that a merger between Keppel and Sembcorp Marine is finally on the cards. As a result, Sembcorp Marine share price is on fir

Dear readers, will the privatisation of Sembcorp Marine stock be coming? It was announced today that Temasek has offered to buy control of Keppel Corp, a move that could hasten… The post SEMBCORP MARINE STOCK: PRIVATISATION? appeared first on SG STOCKS INVESTING.

What an explosive revelation. Keppel share price stormed to high heaven on the back of a shocking partial offer by parent company, Temasek Holdings. Will Temasek Holdings do a CapitaLand, which was formed through a merger between Pidemco and DBS Land in 2000? Incidentally, the stunning move came right after Keppel achieved a massive breakthrough with Sete Brasil, which was forced to declare bankrupt over a corruption scandal in Brazil. The corruption scandal had caused Keppel to be fined a whopping $570 million by authorities, rupturing Keppel share price in the process. Indeed, Keppel investors had every reason to be angry with the corruption scandal. On looking back, Keppel share price was actually recovering since the outbreak of the oil slump in 2014. From a low of $5.00 in 2016, Keppe

By: Lee Chin Wai aka (The) Boring InvestorBlog: http://boringinvestor.blogspot.com/ Chin Wai has been investing for ... Read more >>

Sembcorp Industries Limited (SGX: U96) is a conglomerate with four major business segments: utilities; industries; urban development; and other businesses. The industries segment is made up of Sembcorp Industries’ 61% ownership stake in the Singapore-listed marine engineering firm, Sembcorp Marine Ltd (SGX: S51). At the current price of S$2.19 (at the time of writing), Sembcorp Industries’ shares are trading at 30% below thier 52-week high price of S$3.11. This raises a question: Is Sembcorp Industries cheap now? This question is important because if the firm’s shares are cheap, it might be a good time for investors to pick up some stocks. Unfortunately, there is no easy answer. However, we can still get some insight by comparing Sembcorp Industries’ current valuat

Investors who are looking for cheap stocks to invest in may wish to sift through a list of companies that have recently hit a 52-week low, as this usually offers a fertile ground for such investments. However, it is not as simple as just buying cheap companies without digging a little deeper into the underlying reasons. The same situation can be applied to well-known companies as well. Despite being famous, such companies are also subject to the same economic forces and competitive threats as all other businesses. They have to grapple with economic headwinds and disruptive challenges to ensure that they stay relevant, and may even be forced to evolve and adapt to rapidly-changing conditions. Investors need to do their due diligence before committing their capital to cheap investments, as

Sembcorp Industries Limited’s (SGX: U96) share price of S$2.14 right now gives it a price-to-book (PB) ratio of 0.55. This looks like an attractive valuation on the surface, since the current PB ratio is near a five-year low as illustrated in the chart below. But there is an important risk with the company’s business that investors should note, and it concerns the troubling state of Sembcorp Industries’ energy business. Source: S&P Global Market Intelligence  Business background Sembcorp Industries can be seen as a bona fide conglomerate in Singapore’s stock market. The company generated S$11.7 billion in revenue in 2019, of which 56% came from the utilities segment. The segment recently changed its name to energy, and its key activities include power gen

Could it be the straw that broke the camel’s back? Since 2014, there were persistent rumours of Sembcorp Marine merging with Keppel Corp. But the rumours remain as rumours until now. With the explosive revelation of potential corruption charges and the recent meltdown of Sembcorp Marine share price, Temasek Holdings could be forced to show-hand. Sembcorp Marine share price ripped apart by corruption probe Sembcorp Marine share price see red Incidentally, Keppel Corp was involved in another merger and acquisition activity (M1) in 2018. That might have stalled the proposed deal between Sembcorp Marine and Keppel as substantial resources would have been expended to fund the exercise. But now that the M1 saga is over, it is timely to examine whether Keppel would make a move to rescue Sembcor

This weekend sees the 9th consecutive weekend of unrest in Hong Kong, as the world watches in concern while both sides undertake increasingly violent actions. Born out of protest over a proposed extradition bill, the goals of this movement has now expanded to encompass self-governance and universal suffrage. For this week’s 4 Stocks This Week, we examine 4 SGX-listed companies with headquarters or significant businesses in Hong Kong. Read Also: 4 Stocks This Week (In The News) [5 July 2019] Ascott REIT; ST Group Food; SIA Engineering; Sembcorp Marine Tan Chong International (SGX: T15) With a history of more than 50 years, Tan Chong International is a Hong Kong-based investment holding company that is primarily involved in motor vehicle distribution, though it also has businesses in large

Is it a good time to buy SembCorp Marine Ltd (SGX: S51) shares now after they've declined 33% over the past year? Find out here.