It has been said that the Oil & Gas (O&G) industry is facing a long and harsh winter. But how long and harsh will it be? A glimpse of Keppel Corp's order book for the Offshore & Marine (O&M) segment provides an indication of how harsh the winter is going to be. In ...
...If you had read my previous post on How Will Keppel Corp Navigate the Oil Crash?, you would know that I am ready to sell Keppel Corp before the full force of the storm hits it. Yet, I have to admit that Keppel Corp's management is doing a pretty good job in steadying the ship given the circumstances which they have not much control over. The recently released financial results for 2Q2016 reaffirms my belief that Keppel Corp has a chance of surviving the harsh winter, and if it survives, it will come out much stronger.