Shares & Derivatives
Keppel Corp: Would I buy this stock at $4.35?
By Financial Horse  •  September 5, 2020
Keppel is one of those classic Singapore blue chip stocks I’ve always wanted to do a deep dive into. It’s a devilishly complex stock though, so I never got around to doing it. Then COVID-19 happened, and Temasek pulled their takeover offer for Keppel. We covered this a few weeks back, but long story short – Temasek offered to buy a majority stake in Keppel for $7.35, but they dropped the offer after COVID-19, causing a big sell-off in the stock price. You can see the 5-year price chart below. Keppel hit a low of $5 during the 2015 oil bust, it recovered to almost $8.5 in 2018, and since then it’s been a one-way train downhill to $4.3 range today. Source:  ShareInvestor WebPro Note: The research for this article, and most of the charts here, are sourced from ShareInvestor Webpro. It’s a great way to quickly perform research on Singapore...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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