Offshore, bank or telco stocks, which were glitter with success in the last few years, are seeing signs of precipice decline in one of the most difficult times since the last GFC. Since the start of the year, blue chips such as Keppel, Sembcorp Industries, Sembcorp Marine, Singtel, Starhub, M1, DBS, OCBC and UOB are all having their stock prices battered down. Sembcorp Industries during the peak in Apr 15 was priced at $5.25, but is now lingering less than halve at $2.23. Keppel suffers the same fate with high of $10.42 in Sep 14 and now sensing bottom at $4.77.  From rallies to peak during periods of 2Q-3Q, 2015 to seeing a drop of between 25-36%, the local three banks were not spared lightly either. Even the usually reliable two telcos - Singtel and Starhub are seeing significant declines of 20% and 22% ......