Shares & Derivatives
A second look at Sembcorp Industries.
By Sillyinvestor  •  June 9, 2015
The holiday is finally here, and finally get some time to do some online research on companies. It kind of coincide with the sales that is going on with the market right now. I will be looking at various companies and decide on the shopping list later. I will not do number crouching here. Sembcorp Industries faced 2 headwinds. 1) Lesser retail contracts and and lower rate of re-contract of utilities in Singapore. 2) Sembmarine's drillships time bomb Of the two, the second reason is the scary part of the equation. I believe India's Operations should be able to offset the weaknesses in the local utility scene. Look at the capacity of India, it is 3 times that of Singapore, of which 500 MW is already committed and " will be sold to the Central, Eastern, Southern and Northern Power Distribution Companies of Andhra Pradesh for a period of ... ...
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By Sillyinvestor
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