Shares & Derivatives
Sembcorp Industries: What might be its fair value?
By New Academy of Finance  •  June 9, 2020
I wrote about Sembcorp Industries and Sembcorp Marine demerging yesterday in the article below: Sembcorp Industries and Marine demerger: What you need to know and what to do In that article, I concluded that the news should be a positive one to Sembcorp Industries as the company can finally become a pure Utilities/Energy play which will aid in a valuation re-rating. There will no longer be the burden of funding its marine arm which has also been loss-making for the past few years. The price of Sembcorp Industries appreciated by more than 40% at one point in time before closing at S$2.09 today, up 37% from the price before the counter was halted. Sembcorp Marine’s share price crumbled to as low as S$0.45 before recovering to close at S$0.62, down 27% prior to its halt. The street consensus seems to favor a continual appreciation of Sembcorp Industries’ share price and reckon that Sembcorp Marine’s share price will continue its downtrend momentum....
Read the full article
By New Academy of Finance
I have got no sob-stories to entertain ya. I am just a regular joe, happily married, with two “highly energetic” young boys that can never seem to settle down! Life is peaceful, or if you wish to put it with a tad of negative connotation to it, BORING. Some say boring is good!
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance