So I received this question from a FH Premium subscriber recently: Any thoughts on Sembcorp industry which plunged 20% in past few days? You can see the chart of Sembcorp Industries below for reference. You can see how after the recent earnings miss – the stock had a huge 20% drop in 4 trading days. That said, the stock is still up 15% year to date – so it’s doing decently well for investors who bought early on. Whatever the case, I wanted to take a closer look at Sembcorp Industries, to see if it is worth buying this stock. What does Sembcorp do? Where does their net profits come from? When I look at a new stock, I like to start by understanding how they make money. You can see the net profit breakdown below: To make it easier to visualise, I plotted in pie chart form. Long story short – Gas & related services is the big money maker, the core business....