Shares & Derivatives
[Paywall] Sembcorp Industries share price to smash $3.00 with India IPO?
By SG Wealth Builder  •  September 17, 2020
On 16 September 2020, I invested in Sembcorp Industries (SCI). My entry price for Sembcorp Industries share price was $1.35. The decision to enter this counter was after my research done for my previous article “Sembcorp Industries share price to hit $5 after demerger?” In my previous article, I shared that the catalyst for Sembcorp Industries share price is not the demerger of the loss-making Sembcorp Marine. To truly unlock the full value of Sembcorp Industries share price, the management must continue its effort in recycle capital through its energy and urban assets. And one of the major catalysts for Sembcorp Industries share price is the listing of the India business unit, Sembcorp Energy India Ltd (SEIL). According to a report written by Phillip Capital written on 9 September 2020, the estimated value of the listing is worth a staggering $1.8 billion. However, given the current climate, the IPO value...
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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1 Comments

One response to “[Paywall] Sembcorp Industries share price to smash $3.00 with India IPO?”

  1. Mystery Investor says:

    what is the book value of the Indian energy business on SCI’s book?

    it cannot be zero value. If the BV is already $1 bil, then any upside gain has to be made in comparison to the book value, and not the value of the IPO itself.

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