Furore
2022-03-31

$SEMBCORP MARINE LTD(S51.SI)$seems to be a long forgotten stock by many after its big crash and removal from STI Index quite some time ago.

But recently it had been jumping up a lot, being fueled by a lot of tailwinds. This could be a stock watch and maybe to keep for long for its potential capital appreciation over time. 

Tailwinds include, but not limited to:-

- Potential merger with $KEPPEL CORPORATION LIMITED(BN4.SI)$O&M business

- Rising oil prices 

- Diversification into the renewable energy market

- Labour shortages being lessened/relieved after easing of covid restrictions 

The worst seems to be over. Personally, I believe its share price could hit 11 cents by or before end of this year. 

I'm quite vested in this stock and hence my views could be biased. IMHO, this is not a low risk stock, so it's better to DYODD before making any investment decisions. 

# 💰 Stocks to watch today?(15 Nov)

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  • Ah_Meng
    ·2022-04-01
    It is good that SembMarine secures green energy offshore projects, such as wind farms. Oil and gas, although there are still works to be done is probably a dying industry... any news on the merger?
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    • Furore: 
      Not that I know of
      Only speculation that it'll be happening soon
      2022-04-01
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  • sunshineboy
    ·2022-03-31
    Yeah! I agree with you ideas. The industry sector has a bright future though it affected by uncertain conflit and pandemic.
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  • Simon888
    ·2022-04-01
    For this stock, risk-reward ratio is very high. Sembcorp Marine used to be one of the component stocks in STI index.
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  • Lin74
    ·2022-04-01
    Thank you for sharing.
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  • LeonaClemens
    ·2022-04-01
    Price is not too high, enough to buy and hold . Thanks for sharing.
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  • MichT
    ·2022-04-04
    Really its been a while that i lost so much, hope for the bwst
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  • windy00
    ·2022-03-31
    Now the price is low and suitable for investors to buy in. The potential of growth is too high.
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  • 甜甜圈大
    ·2022-04-01
    [财迷] [财迷] [财迷]
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  • KL H
    ·2022-04-05
    Hope it comes back up.
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  • TiffLim
    ·2022-04-01
    [Smile]
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  • Akyl
    ·2022-04-01
    buy and hold
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  • FK1234
    ·2022-04-01
    💪
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  • changgw
    ·2022-04-01
    up
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  • Mighty Mouse
    ·2022-04-01
    [smile]
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  • Novatic
    ·2022-04-01
    Ok
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  • DuanYH
    ·2022-04-01
    👍🏻
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