Keppel Corporation (BN4) is one of the few best known STI components even to non-investors. Its shares have plunged extensively since its glory days, to price levels last seen in the 2008 recession. Its dividends yield has also dropped to a low 3% this year. This can either signal a great discount or a big warning sign. While Sembcorp’s assets and revenue are mostly focused on Utilities, Keppel Corp’s key earnings and assets came mostly from its Property sector. Nevertheless, both conglomerates are well known of its marine sector, which has performed unpleasantly in recent years. This has led to both stocks losing almost half its share prices since 2014.

I have earlier rated Keppel Corp at 8.5/10 in another post with limited details shared. Upon reading the recent 2Q 2017 financial reports, I decided to give Keppel Corp a deeper dive. Here are my findings:

1. The Group’s …