$SEMBCORP MARINE LTD(S51.SI)$...will check back when it has gotten 3 quarters of up bars! š
It's been in decline for years, there is no need to hurry back.
Okay, it's reported:
- confirmed merger with Keppel O&M! That's good for long long-term prospect. To close by year end?
- for short-/mid- term view, it has reported more project deliveries, improved cashflow and liquidity, and that order book started to grow.
All sound good.
The questions:
- is it good enough?
- For shareholders, will there be another cash call to fund the merged entity to grow?
I don't know the answers...but will watch closely.
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[Miser]