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22-09-2014, 06:19 PM
Sembmarine is a pure concentrated bet that will bear the full brunt of bearish shortist.
KepCorp is a conglomerate that will leave slightly more confusion before hard reality sets in.
On a more realistic mode, the specialised OSV segment will bear the brunt of lower oil prices just like what Jaya experienced during the GFC.
Odd Lots Vested
GG
KepCorp is a conglomerate that will leave slightly more confusion before hard reality sets in.
On a more realistic mode, the specialised OSV segment will bear the brunt of lower oil prices just like what Jaya experienced during the GFC.
Odd Lots Vested
GG
(22-09-2014, 05:18 PM)CityFarmer Wrote: I am wondering, ONLY SembMarine stock has been affected by oil price? Why Keppel Corp stock hasn't?I reckon it must be other factor contributed to the fall...
(not vested)
SembMarine shares continue to fall as oil prices weigh
Shares of Sembcorp Marine remain under pressure and are at their lowest level since January 2012.
The stock has fallen about 15% so far this year, underperforming the Straits Times Index. It has also underperformed rival Keppel Corp, which is lower by only 2% year to date.
A key reason for the dismal performance of SembMarine’s shares is oil prices, which have been hurt by softer demand from China and increased production from the US. The stock typically has a close correlation with oil prices.
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http://www.theedgesingapore.com/the-dail...weigh.html