I’ve been investing in Singapore shares for a long time, and most of the time, the stocks either rise gradually or fall slowly. But every now and then, there are stocks like Sembcorp Industries (U96.SI) — where one results announcement can send the share price tumbling almost 14% in a single day, wiping out nearly $2 billion in market cap and triggering one of the sharpest sentiment shifts we’ve seen this year. Since its August peak near $7.90, Sembcorp has fallen about 25% to $5.90, and yet, if you zoom out, the stock is still up around 7% year-to-date. And for the last 5 years, the stock is actually up 250%, riding the wave of Sembcorp’s impressive restructuring of its massive businesses. This is where things get interesting. The key question I am asking myself is of course whether the 25% decline is an opportunity to accumulate for a longer term structural upturn. So today, I want to dive deep into whether this decline was justified, developments since then, and whether Sembcorp could actually represent value at these levels. Importantly, I’ll also talk about my own positioning and how Sembcorp fits into my personal portfolio, especially given its unique mix of utilities, renewables, and long-term contracts. As always, a reminder that this video is for informational purposes only and not financial advice. Always do your own research and consult a licensed adviser before making any investment decisions. I own some of the shares discussed, but remember what works for me might not work for you. Alright, let’s dive in....