Keppel Corporation shareholders are in a world of pain. After Temasek Holdings decided to walk away from the deal to acquire a majority stake in the company in August 2020, Keppel shares lost 11% in a single day and closed at $4.80.
As the stock continues to slide from the 2018 high of $8.90 to today’s $4.18, it is time to revisit this company. Could it finally be a good time to invest in Keppel Corp?
To decide, I will have to walk through my investment checklist.