Keppel reported their results a couple of weeks ago before the coronavirus breakout.
It is an improvement over the previous quarter. I think things are looking better. Revenue and profit has increased but my concern is the cash flow which is in negative. I hope they are able to turn in their collections better in this quarter from their projects.
There was a sell off yesterday globally. The stocked recovered slightly though in the red with volumes. Overall, I think they are in the right direction. The question is when will they break the 7 barrier. Probably, 4 months before Oct.
Please see my disclaimers in my blog....
It is an improvement over the previous quarter. I think things are looking better. Revenue and profit has increased but my concern is the cash flow which is in negative. I hope they are able to turn in their collections better in this quarter from their projects.
There was a sell off yesterday globally. The stocked recovered slightly though in the red with volumes. Overall, I think they are in the right direction. The question is when will they break the 7 barrier. Probably, 4 months before Oct.
Please see my disclaimers in my blog....
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