Seatrium (formerly known as SembCorp Marine) *Official* (SGX: S51)

flyfox

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crude (WTI) 78 liao

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I find that Keppel is still cheaper than Sembmarine. sembmarine has p/b about 3 times and Pe of Keppel is still lower.

If the business isn't doing well, sembmarine won't have much assets to back up or justify the stock price.
 

simon_84

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i suspect stock price to be deflated until at least end of this year.
even other counters like ST eng and sia eng have recover a fair bit from rock bottom prices.
 

mybigcannon

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i suspect stock price to be deflated until at least end of this year.
even other counters like ST eng and sia eng have recover a fair bit from rock bottom prices.

depends on the meeting this month... even now saudis say nov meeting will chg nothing they carry on pump...
 

KC

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Both are hit by the drop in oil prices (Sembcorp becos of Sembcorp Marine). The order books do seem to be able to sustain the revenues for Sembcorp Marine for quite a few years but seemed ignored by investors at the moment.
 

flyrox

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It has reached all time low. Seems good to buy now for holding long term. Do you guys think it will continue to dip further? Seems impossible to bounce back to 3.8x state...
 

Shion

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What goes down will come up
What goes up will come down

A cycle
 
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