|Bid||1.67 x 0|
|Ask||1.68 x 0|
|Day's Range||1.65 - 1.69|
|52 Week Range||1.55 - 2.81|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||0.02 (1.02%)|
|1y Target Est||2.17|
If you are a shareholder in Sembcorp Marine Ltd’s (SGX:S51), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of yourRead More...
In this article, I’m going to take a look at Sembcorp Marine Ltd’s (SGX:S51) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject amongRead More...
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as Sembcorp Marine Ltd (SGX:S51), with a market capitalization of S$4.62B, rarely draw their attention from the investingRead More...
BANGKOK/MANILA (Reuters) - Sujinda Cherdchai, who represents inter-regional bus operators in Thailand, told government officials this week that without any government support her industry has two options: higher fares or cutting services for some routes. One day later, the government, faced with sluggish domestic demand and high household debt, said it will use money from the 30 billion baht ($933.7 million) state oil fund, which is separate from the central budget, to subsidise fuel prices. "If retail oil prices rise 1 baht, the fund will help 0.50 baht," Energy Minister Siri Jirapongphan said on Tuesday.
Sembcorp Marine says first-quarter profit fell 86%, and signaled a subdued outlook for orders and business volumes.
When Sembcorp Marine Ltd (SGX:S51) announced its most recent earnings (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its industryRead More...
Singapore's Sembcorp Industries said on Friday it expects to raise about $380 million from the sale of some utilities assets and plans to list its Indian energy business, as it reported a plunge in quarterly profit. The industrial conglomerate, which has been conducting a strategic review of its businesses, said it had begun the process for an initial public offering (IPO) of the Indian unit, Sembcorp Energy India Ltd. It expected the divestments of peripheral utilities assets to provide cash proceeds of up to S$500 million ($380 million) over the next two years, not including the potential proceeds from the proposed India listing on BSE Ltd and the National Stock Exchange of India.
The poor performance of its rigs business pulled revenue down by 41.8%. Sembcorp Marine (Sembmarine) was hit by a loss of $34.99m in Q4, no thanks to the poor performance of its rigs & floaters and offshore ...
Firms could save costs of $50-$100 per foreign worker. The foreign worker levy hikes in the marine sector will be deferred by one more year until the end of June 2019, due to cyclical weakness. According to DBS Equity Research, this brings about cost savings of $50 and $100 per basic tier R1 and R2 worker respectively, which levies stay at current $300 and $400 respectively.
This makes its parent company, Sembcorp Industries, the best performing stock in January. Sembcorp Marine Ltd. has gained almost S$2 billion ($1.5 billion) in just three weeks -- making its parent Singapore’s best-performing stock in the past month -- as investors and analysts became more optimistic on the prospect of a potential surge in new orders amid rising oil prices. The company, which is majority-owned by Sembcorp Industries Ltd., has received at least three rating upgrades from research firms this year.
Sembcorp Marine Ltd. has gained almost S$2 billion ($1.5 billion) in just three weeks -- making its parent Singapore’s best-performing stock in the past month -- as investors and analysts became more optimistic ...
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Sembcorp Marine Ltd.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bullish ... Read more (Read more...)
Singapore oil rig builder Keppel Corp's agreement to pay a $422 million (£315.8 million) fine to resolve charges it bribed Brazilian officials, including people at state-owned oil company Petrobras, sent its shares tumbling and triggered a decline in smaller rival Sembcorp Marine Ltd on Tuesday. In the deal announced by the U.S. Justice Department on Friday, Keppel Offshore & Marine Ltd agreed to pay a combined penalty to resolve investigations by authorities in the United States, Brazil and Singapore. The company entered into a deferred prosecution agreement while U.S. subsidiary Keppel Offshore & Marine USA Inc pleaded guilty in federal court in Brooklyn to conspiring to violate the U.S. Foreign Corrupt Practices Act.
Dec 26 (Reuters) - Singapore shares fell for a seventh session in eight on Tuesday, dragged down by stocks of Keppel Corp and Sembcorp Marine which were named among foreign companies that did business ...
By Chandini Monnappa Dec 26 (Reuters) - Singapore shares hit their lowest in nearly six weeks on Tuesday, dragged down mainly by oil equipment and services providers after a unit of Keppel Corp Ltd agreed ...
The contract will cover the engineering and construction of a hull and living quarters. Sembcorp Marine's (Sembmarine) subsidiary, Sembcorp Marine Rigs & Floaters Pte Ltd, won a $660.67m (US$490m) contract from Statoil Petroleum AS (Statoil) for one of its floating production, storage and offloading vessels (FPSO). Sembmarine announced on a press release that the contract focuses on the turnkey engineering, procurement, and construction of a hull and living quarters for the FPSO.
If it happens, Sembmarine's net gearing could fall to 70%. Sembcorp Marine's (Sembmarine) sale of its West Rigel submersible might be on the horizon, UOB Kay Hian said, citing rig brokers. A Sembmarine spokesperson declined to comment and said the reports are based on market hearsay.
Its total provisions made for Keppel and Sembmarine were $230m and $329m. Hopes hold firm for Keppel Corporation (Keppel) and Sembcorp Marine (Sembmarine) as they await provisions from Brazilian rig builder Sete Brasil. According to CIMB, which cited an Upstream report in August 2017, Sete Brasil could resume at least four drilling units in an attempt to resume operations.
With $2.5b in new orders pending, 2018 could be a big year. The lull could finally be over for Sembcorp Marine if it manages to bag orders worth $3.5b in 2018 and see its profits increase 56% in 2019 to ...
Marco Polo Drilling will withdraw its claims in the arbitration. Sembcorp Marine (Sembmarine) updated its contractual dispute with Marco Polo Drilling (MPD) after the two have been called into arbitration proceedings in 2016. According to an announcement, Sembmarine, through a subsidiary, entered an into a settlement agreement on a without admission of fault with MPD and Marco Polo Marine (MPM).
Sembcorp Marine is one of the largest oil rig builders in the world. The firm also has capabilities in performing repairs and upgrades of vessels, marine and offshore structures, among others. On 6 and 8 November 2017, Sembcorp Marine bought back a total of 300,000 shares at a price range of between S$1.9614 and S$1.9696 per share.
Sembcorp Marine is back in the black after it recovered from loss of $21.80m to a net profit of $2.70m in Q3. According to OCBC Investment Research, revenue fell 64.3% YoY to $316.9m. "Oil prices have firmed slightly along its one-year price range of between US$46 to US$60/bbl, and with this encouraging trend, upstream oil and gas investment activities have started to show signs of improvement," OCBC analyst Low Pei Han said.
It will reduce 30% of grid-supplied electricity during peak load. Sembcorp Marine and Singapore Power Group (SP) inked a deal to develop a solar energy digital system at the local Sembcorp Marine Tuas ...