Shares & Derivatives
Keppel Corp Full Year Results – Super Value Buy~!!!!
By StockBrokerPlaysPoker  •  January 22, 2015
Kep Corp, down over 25% within the last 12 months as the oil bear scared many investors. Full year results actually came out pretty decent, as revenues came in 7% higher and earnings per share grew slightly at 1.5%. Well if you have been reading my blog, you would know I've been nagging like an old man and screaming how cheap marine blue chips were. Keppel Corp currently trades at only 8 times earnings! An easy buy against the STI which trades at over 13 times earnings. To top that off, they will be paying out 36 cents in final dividends for a one time yield of close to 4.5%, remember that they already paid 12 cents after mid year results and this brings a juicy full year payout of 48 cents! Yes! that's like close to 6% dividend yield for this strongly hated blue chip! I would ......
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By StockBrokerPlaysPoker
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