Shares & Derivatives
Is Sembcorp Industries stock undervalued at its current price?
By New Academy of Finance  •  December 8, 2020
Sembcorp Industries Stock: Buy, Sell or Hold? On 7 December, Sembcorp Industries announced profit guidance which seems to become the norm. In the past, the key focus was on Sembcorp Marine, with impairments made to its Energy division being “swept under the rug”. I previously mentioned in this article: Should one by buying Sembcorp at this level? that Sembcorp Industries’ impairments and write-offs are happening way too frequently.
This is based on Sembcorp industries’ reported net profit for its Energy Division. While some might argue that it is a better representation to exclude “one-off” items such as impairments and write-offs, the counter-argument can be that such one-offs are occurring too frequently that they should be viewed as “normalized”.
In the latest set of profit guidance (the company did not provide any updates on its 3Q20 results) for its 2H2020 results, S...
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Your email address will not be published.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Your Email Address will not be published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