SembCorp Industries

[Greenrookie]

Hi Karlmax,

Thanks for your insight. Regarding SCI, why would u think they cannot grow? My thoughts are 

1) India is turning around, and they still have excess capacity, wouldn't this be a potential growth area ( although we might wait for the pandemic to stablize)

2) SCI is a company has both "old and dirty" business like coal etc, but also transiting to new green renewables. Although still insignificant contribution now, with the shift of emphasis to ESG due to climate change, why would this not be a potential growth area as SCI dabble around both old and new energies.

3) to raise funds, or do capital recycling, SCI could set up a energy trust (although  not anytime soon) there should be enough mature assets and to mix the better ones with the less performing ones, just like what Keppel did. In fact, j am quite surprised that they didn't do this.

Given that SCI is almost 75% off the peak, the possibility of turnaround due to energy demand increase improving rates as economies reboot, and SCI picking up opportunities in the renewables, I do see this a promising company.

Look forward to your view and discussion. It has been a while, I am happy to hear opposite views as long as it is well thought of

vested