It is that sinking feeling all over again for Keppel share price. And it appears to me that investors are not convinced of a turnaround of Keppel share price. Following the release of a strong full-year 2018 financial result on 24 January 2019, Keppel share price fell instead. Management must be rubbing their eyes and wondering what on earth could have happened to Keppel share price.
With a stake amounting to 20.54%, Temasek Holdings is currently the largest shareholder of Keppel. The burning question among investors must be: how would Temasek Holdings fight its way out with Keppel? Should Temasek Holdings go for a “big bang” merger between Keppel and Sembcorp Marine to revive the ailing Keppel share price or continue to let Keppel share price spiral out of control? An overhaul in the corporate identity of Keppel may not be a bad thing