Shares & Derivatives
Sembcorp Industries– One to look out for in this drawdown
By Investment Moats  •  May 13, 2012
Sembcorp Industries– One to look out for in this drawdown 20120513%20sembcorp%20industries If there are some blue chip stocks that I would snap up in a further draw down, Sembcorp Industries (SCI) would be one of them. For a bit of its total return history you can view it here. Sembcorp is undergoing some sort of mini transformation. It owns 60% of SGX listed Sembcorp Marine (SMM), which builds oil rigs and drill ships. This have become its main profit generator and made it a darling among speculator. In recent years, Sembcorp have aggressively try to build up its utilities portfolio. What happens is that SMM generates the cash flow, pays out the dividend to SCI, SCI leverages on this to build and develop utilities around the world. Utilities are probably more recurring in cash flow, and perhaps they are preparing for the inevitable when the oil rig craze die down. The recent 2 quarters have evidently show the cash flow from ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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