Seatrium (SGX:S51) stock analysis
The Singapore markets are known for being stable; stocks don’t seem to move at all. But this year has been especially bad, and these 7 Singapore Blue Chip Stocks are down 10% (which is a big deal since most Singapore Blue Chip stocks only move in single digit percentages). But where there’s crisis, there’s opportunity … Read more
Blue chip stocks are shares of strong and well-established companies that lead their industries, often seen as safe and reliable investments for long-term growth. Despite their reputation, we’ve uncovered 5 Singapore Blue Chips that hasn’t quite lived up to the traditional success story – investors would have lost money if they held on to them … Read more
Seatrium Limited (SGX: S51) is a blue chip stock listed on the Singapore Exchange. The company provides innovative engineering solutions to the global offshore, marine and energy industries. Seatrium has 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading … Read more
Keppel Corporation (KCL) is distributing a 49% stake in Sembcorp Marine (SMM) to its shareholders, maintaining a 5% stake. This means that a very large portion of shares will now be in the hands of minority shareholders. As part of the distribution, institutions and investment funds who currently hold shares in KCL will also receive … Read more
The details of Keppel’s O&M arm and Sembcorp Marine‘s merger has finally been announced, providing certainty to shareholders who are unnerved by the long waiting time. The merger was communicated previously and been in the works for a while now, this morning, Keppel had finally signed the definitive agreement for the merger. Strategic rationale The … Read more