Shares & Derivatives
Random thoughts: Q3 sembcorp industries
By Sillyinvestor  •  November 1, 2015
Q3 results is bad, but it was expected. I expected it to get worse going forward. Sembmarine will be the biggest drag, the delays just started. Utility biggest drag comes from Singapore and was NOT offset by overseas operations YET. India, ASEAN and Australia market bottom line is improving QoQ but nowhere contributing at level where I expects. I send an enquiry to IR asking about the gestation period of India operations before it contribute to bottom line. There is no reply yet, if they do reply, I will update this post. As a random thought series, I am not going into the nitty gritty of the numbers or projects. It's my reflections. Some of it based on hindsights. 1) I expect weak numbers from Marine and Singapore Utility market but expect overseas market to offset some of it. Because I believed Mr market might have been ......
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