|Bid||2.64 x 0|
|Ask||2.65 x 0|
|Day's Range||2.63 - 2.68|
|52 Week Range||2.58 - 3.60|
|Beta (3Y Monthly)||1.39|
|PE Ratio (TTM)||29.66|
|Earnings Date||May 2, 2018 - May 7, 2018|
|Forward Dividend & Yield||0.04 (1.48%)|
|1y Target Est||3.40|
Does the share price for Sembcorp Industries Ltd (SGX:U96) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value by estimating the company’s future cash flows and discounting Read More...
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as Sembcorp Industries Ltd (SGX:U96), with a market capitalization of S$4.88b, rarely draw their attention from the investingRead More...
SINGAPORE/DHAKA (Reuters) - Singapore-listed Sembcorp Industries said its power plant in India won a tender to supply 250 megawatts of power to Bangladesh for 15 years. Other bidders vying for the tender ...
Sembcorp Industries Ltd. and Keppel Corp. are among parties planning to study bids for Hyflux Ltd.’s biggest asset, according to people with knowledge of the matter, in a sale that’s key to helping the cash-strapped company get back on its feet. Hyflux’s Tuaspring project, which includes Southeast Asia’s biggest desalination plant, has also drawn interest from Malaysian generator YTL Power International Bhd., the people said, asking not to be named as the process is private. The asset had a book value of S$1.47 billion ($1.1 billion) at the end of March, according to Hyflux exchange filings.
This article is intended for those of you who are at the beginning of your investing journey and want to better understand how you can grow your money by investingRead More...
For investors with a long-term horizon, examining earnings trend over time and against industry peers is more insightful than looking at an earnings announcement in one point in time. InvestorsRead More...
LONDON (Reuters) - Integrated energy group Sembcorp Industries (SCIL.SI) has agreed to buy UK Power Reserve, Britain's largest flexible power generator, for an equity value of 216 million pounds. The Singapore-listed ...
Sembcorp Salalah Water and Power Co (SSPW.OM), which operates an electricity generation and seawater desalination plant in Oman, said its water production plant had been temporarily shut down because of rough seas as a result of a tropical storm. Cyclone Mekunu hit southern Yemen and the coast of neighboring Oman over the weekend, leaving several dead and others missing. Sembcorp Salalah is 40 percent owned by a subsidiary of Sembcorp Industries (SCIL.SI) and 13 percent owned by Oman Investment Corp, according to its website.
Siemens Gamesa (SGREN.MC), which overtook Vestas (VWS.CO) as the world's largest wind turbine maker last year, on Thursday said it won its biggest order to date in India, where a temporary downturn had previously hit the group's profits. The company, formed by the merger of Siemens' wind power unit with Spain's Gamesa, said it had agreed with Sembcorp Energy India (SEBM.NS), the Indian energy arm of Singapore's Sembcorp Industries (SCIL.SI), to build a 300 megawatt wind park. Along with the turbines, Siemens Gamesa will also provide operating and maintenance services for the planned farm, to be located in Gujarat state, western India, which is planned to be commissioned in April 2019.
Sembcorp Industries Ltd (SGX:U96), a industrials company based in Singapore, saw significant share price volatility over the past couple of months on the SGX, rising to the highs of SGD3.57Read More...
Analysts doubt it will dent earnings, as Sembcorp Power only contributed $3.4m-$4.4m to net profit. Amidst threats of default and irrational competition as Singapore’s energy market liberalises, OCBC Investment Research said that Sembcorp Industries, one of the big players, is unlikely to be unaffected. Analyst Low Pei Han noted that SCI retails electricity to contestable customers.
It wants to achieve double-digit ROE in five years and renewables business growth amongst others. Sembcorp Industries (SCI) has indicated interest in buying clean energy producer Orange Renewable from Singapore-based AT Capital Group, OCBC Investment Research said, citing media reports. OCBC analyst Low Pei Han noted that Orange Renewable currently has 567.2 MW of operating wind capacity with over 2250 MW under development in various states across India.
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.
It will sell utilities assets that are expected to yield $500m, adding to the proceeds of the IPO. Sembcorp Industries is preparing for an initial public offering (IPO) of Sembcorp Energy India Limited (SEIL) on BSE Limited and the National Stock Exchange of India (NSE), with the filing of a draft red herring prospectus. Over the next two years, this is expected to deliver estimated cash proceeds of up to $500m.
It was hit by a $35m loss due to the poor performance of its marine rig business. Sembcorp Industries’ profit crashed 84.6% YoY to $22.8m in 4Q2017, bringing its full-year net profit to $230.8m, which dropped 41.6% YoY. OCBC Investment Research noted that SCI’s results were dragged by poorer performance in marine and one-off items in utilities.
Singapore-based Sembcorp Industries said on Monday it would reorganise its India energy operations into a single entity, citing a more streamlined shareholding structure and greater synergy. The industrial conglomerate said its thermal and renewable energy businesses would be consolidated under Sembcorp Energy India Ltd, in which it would hold an effective stake of 93.7 percent. Its partner Gayatri Energy Ventures will own the rest.
Sembcorp Gayatri Power and SGI to be put under Sembcorp Energy India Limited. Sembcorp Industries will consolidate its thermal and renewable energy businesses in India under a single entity to further ...
It has yet to address its Indian IPO and Sembmarine collaboration. Sembcorp Industries (SCI) is pushing the release of its results to 23 February, and DBS Equity Research expects that it could also announce the outcome of its strategic review. According to a report, one of the topics SCI could address is the initial public offering of its Indian assets.