Shares & Derivatives
My Thoughts on Keppel Corp
By Scg8866t Stockinvesting  •  October 11, 2014
Please read the disclaimer at the bottom of my blog if you wish to continue with the contents below.
2 years historical daily chart from Shareinvestor
Chart wise, KepCorp broke from its trend line and is currently heading towards its psychological support at $10. If it fails to hold, further downside can be expected. My view on the current standing of KepCorp fundamentally:
Since its 2nd Quarter result, It has secured S$227 million jack up order from Qatar Petroleum and S$153 million in contracts from repeated customers.
From its 2Q result, its net debt before deducting off its short term investment increased to $3.05 billion at 30 June 2014 as compared to $1.54 billion at 31 Dec 2013. The reason for the increase was mainly due to capital expenditure and operational requirement.
Group net gearing ratio in comparison has also increased from 0.11x to 0.22x
Capex ...
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By Scg8866t Stockinvesting
Thanks for reading my blog. I am just an ordinary Singaporean with an avid interest in technical analysis, fundamental analysis and philosophy.
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