As we should all have known, the SG market is currently selling at premium prices. However, there will always be gems to be uncovered since different equities move in different directions. I personally find that Sembcorp Industries can possibly be a good call with suffice safety margin. Below is a simple breakdown: 1) Operating Nature: Sembcorp Industries is segmented into four major plays, at least as per its financial statements. -Utilities: Its strongest and most defensive segment -Marine: As compared to FY15 deficit, FY16 was a comeback year which it returns to a flat positive net profit. This may be a great rebound. -Urban: Definitely not its strongest sector but consistent between FY15 and FY16. -Others/Corporate: Biggest loss contributor of the Group in recent years 2) Profits sustaining for the Losses  This acts as a risk by itself as well as an insight of its defensive ...