teerance85
Senior Member
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- Sep 23, 2011
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I 2nd that. Im deeply disappointed at it' dividends this year. Very disappointed.
This is very true regarding the margins compression. Go ask your friends working as engineers in this industry. Their bonus are likely to be cut compared to last year.Sembmarine cash reserve has been falling greatly due to set up yard in brazil.
Riaising cost in new yard, hard to find skilled workers. Competition from china and korea ship builder going into rig builder. And lastly thin profit margin on each contract won.
This make people very fearful.
I 2nd that. Im deeply disappointed at it' dividends this year. Very disappointed.
I 2nd that. Im deeply disappointed at it' dividends this year. Very disappointed.
Where you get this from?
Wouldn't touch this counter for buying - downtrend intact.
KEPPEL CORPORATION LIMITED
1Q 2013 REPORT CARD
1. Net profit decreased 56% to S$331 million, compared to 1Q 2012’s S$751 million.
2. Earnings per Share of 18.4 cents, down 56% from 1Q 2012’s 41.9 cents.
3. Annualised Return on Equity of 13.9%.
4. Economic Value Added decreased from S$654 million to S$191 million.
5. Cash outflow of S$732 million.
6. Net gearing of 0.26x.
Surely tis result will indirectly affect sembmar, more downslide coming. By the way, is tis the recent result?