Keppel Corp has once been a darling blue chip for investors.
However, the recent news regarding oil glut has sent many O&G companies like Keppel and SembCorp down the spiral, so fast to the point that they were constantly dropping almost 5% to 7% every day until they form a new low. The stock close last at $5.15 today.
There were plenty of discussions amongst my chatgroup of friends who were either hesitant to cut loss for those who are vested and those who are going long for those who are currently not vested. Since I have some data on hand, perhaps I could share with the majority of the people who are interested as well.
Keppel Corp is a conglomerate and it is never easy to value a company with different core businesses at hand. We may come up with different methods of valuing their respective businesses ......