Market Review and Trends
Oil & Gas Sector – DMG & Partners Securities
By Get Rich Happily  •  April 12, 2014
DMG published a report on the oil & gas sector. The report has a table summarizing the valuations of the main companies in the region. The table on the Singapore companies is found below for your convenience. oil_gas_dmg_201403 We can observe quite a few companies which are attractively valued, such as Yangzijiang Shipbuilding (BS6.SI), Ezion Holdings (5ME.SI) and Nam Cheong (N4E.SI). The sector is very cyclical in nature which may partly explain the modest valuation. However, the sector outlook for the next 2 to 3 years is positive, barring any recession or crisis. I was quite slow to notice the report which was published on 11 March 2014. Nevertheless, I will definitely be taking a closer look at some of the attractively-valued companies. Currently I have Keppel Corp and Vard Holdings in my portfolio. The report can be found at My Gateway on the SGX website......
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By Get Rich Happily
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