Shares & Derivatives
Keppel Corp
By Some Ideas on Investing in Singapore  •  February 1, 2016
I'm going to look at Keppel Corp today (I'm just going to call it Keppel for the rest of this post). It climbed 5.2% to end at $5.02 on Friday, with a price to book value ratio of 0.85 as well as a P/E ratio of around 6. It has also recommended a final dividend of 22 cents, making the total dividend paid for 2015 34 cents which is almost a 7% return rate, better than some REITs. So, is it a good buy? While the earnings attributable to shareholders has slid by 19% for 2015 and 44% for the final quarter of 2015 (yoy), the earnings are still pretty good with 83.5 cents of diluted earnings per share. Considering that the year has been plagued by the drop in oil prices, the earnings are not that bad, though they may continue to decrease further, but the share price seems to have taken that into account with the low P/E ratio of 6......
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By Some Ideas on Investing in Singapore
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