I attended Keppel Corp's AGM last friday at the Raffles City Convention hall. I was really happy to receive the free $20 NTUC voucher but at the end of the day I was disappointed in management's explanations to shareholders. The Chairman was the one answering most of the questions, while the CEO seem a lot less experienced... as he is less than 2 years in the job. Shareholders asked plenty of questions with regards to the marine sector and some questions were related to the kepland deal. The marine sector is likely to continue seeing a slow down this year. So far keppel corp has not won any rig order at all for the first quarter, its a bad sign. While management are pretty positive in the long run fundamentals, they failed to answer at what kinda oil price levels would orders start coming in again and how they would ......