New Year - SembCorp

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Summary financial Statement
Summary financial Statement

SembCorp is struggling like Keppel. The dividend is much lower than Keppel. At the moment, it is not a punter stock like SembMarine.

The reporting date is on 21st Feb which is a month after Keppel. Keppel will probably set the tone of the recovery of this sector. I think it is some way to go.

Oil prices are volatile and I think it may go back to the US$80 per barrel price in 2020.

Like Keppel, the top line and GM has improved over the quarter.

Income Sumary
Income Sumary

I would prefer Keppel over Sembcorp. Keppel also needs to perform a strategic review of their business directions. SembCorp is now focusing on green energy and waste management which they have a stronghold in Singapore.

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