Healthywealt
2021-04-22

$SEMBCORP INDUSTRIES LTD(U96.SI)$Extract from OCBC research. Fair value estimate 2.50. Potential catalysts: 1.accretive acquisition in the regions at reasonable valuation multiples 2. Improvement on the ESG front with further push Into renewables 3. Unlocking of values in subsidiaries/associates . Investment risks are 1. Macroeconomis deterioration 2. Drag in India, the UK; assets impairment 3. Acquisitions and integration risk; execution hiccups 

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