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Monthly chart shows a break down from its trend line. 61.8% fibo support at 4.53. Subsequent support levels are shown accordingly. 52 weeks low coincidentally also at 4.53.
I posted an article a few weeks back (here) on my view on a few filtered out blue chips. The banks have since surged dramatically, leaving the offshore counters(KepCorp and Sembcorp) behind. Market seems to be treating them harshly with the plummeting of oil prices. Lets take a look at Sembcorp’s latest quarter result so that you can judge for yourself.
|Collated using Shareinvestor|
Company has been doing share buy backs since mid October. What you see above is the collated income statement for five quarters back to back. Revenue broke the 3bil mark for this latest quarter. Consistent …