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Seriously, take this as a non event...... I don' t even bothered to discuss about it.....
' if any, Seatrium will come out stronger of the two.../// in time to come, it will become the flavour stock of the market ....
and will remain that for months....! remember, the black market does not have a sell button on this stock,
any dip is a buy opportunity, do not forget that...... the black market would never have enough ......
Here' s the moral of the story, if you in need of money, if there' s any stock to sell, never throw away SEatrium....
meanwhile, as I hinted many places, there will be a mega development for KEPPEL, if not sooner, definitely before year end.......
' If on, it should put it on a launching pad to attack the elusive ten..... unbelievable as it is , that why dyoddd
' if any, Seatrium will come out stronger of the two.../// in time to come, it will become the flavour stock of the market ....
and will remain that for months....! remember, the black market does not have a sell button on this stock,
any dip is a buy opportunity, do not forget that...... the black market would never have enough ......
Here' s the moral of the story, if you in need of money, if there' s any stock to sell, never throw away SEatrium....
meanwhile, as I hinted many places, there will be a mega development for KEPPEL, if not sooner, definitely before year end.......
' If on, it should put it on a launching pad to attack the elusive ten..... unbelievable as it is , that why dyoddd
Blood is thicker than water.
May see a win-win solution.
May see a win-win solution.
It' s just an " arbitration" . Unlikely a need for major alarm. Think will not be draggy.
Seems that Seatrium may have a better case.
Seems that Seatrium may have a better case.
seanpent ( Date: 26-Aug-2025 10:15) Posted:
|
Just added Seatrium. Looking at the wave intervals, think this is due for a big time run up again.
Resumption of uptrend.
Delvyss ( Date: 15-Aug-2025 16:43) Posted:
|
What? ... only 200 views, looks like the interest is waning.....
' never mind, let me try one more gangsters story and see how it goes before I call it a day and close shop......
YANGZIJIANG SHIPBUILDING
Yangzijiang Shipbuilding is the biggest private shipbuilder in China. It is also ranked among the top shipbuilders globally, in terms of DWT order book size.
Last year, according to CZAPP.COM https://www.czapp.com/analyst-insights/chinas-shipping-dominance-steady-amid-global-challenges/
it held a substantial share of global ship orders. It' s known for its strong balance sheet, cost advantages, and ability to compete with both Chinese and Korean shipbuilders.
Now, according to the black market, the next big happening, not necessarily a big catalyst, would be maybe a M& A development by YZJSB.
Recently the big maritime news has been the merger of two major Chinese shipbuilding companies, China CSSC and CSIC.......
They are merging to strengthen China' s position in the global shipbuilding industry and align with national strategic priorities. The strategic move aims to consolidate resources, streamline operations, and foster innovation, particularly in high-end shipbuilding, to reduce internal competition, improve efficiency, and enhance the industry' s overall competitiveness, particularly in the face of growing international competition and to accelerate the development of the domestic shipbuilding industry.
The combined entity, will be the world' s largest listed shipbuilding company and the enhanced scale is expected to boost research, production capabilities, and supply chain efficiency.
Above all, China looks to counter Trump' s moves to rebuild American shipyards and in doing so check against Trump' s anti-China policies&hellip &hellip the merger also comes in response to growing concerns about unfair competition from Chinese shipbuilders, particularly in the US and Canada. The strategic merger is consolidating operations and focusing on efficiency, the merged entity aims to address some of these concerns and present a more united front.
Besides the merger of its two largest shipbuilding companies, CSSC and CSIC, the Chinese government is ACTIVELY encouraging the consolidation of its shipbuilding industry through mergers of major state-owned companies as well as other private shipbuilding companies, which we can safely say, YZJSB is no exception or, can say in particular...........
This will not necessarily be a ' forced' merger, but a strategic move orchestrated by the Chinese government to enhance the shipbuilding industry' s competitiveness, efficiency, and global influence, and as well as all the reasons stated above for the CSSC/CSIC merger.
https://www.xindemarinenews.com/m/view.php?aid=60371#:~:text=On%20July%204%2C%202025%2C%20the,growth%20of%20China' s%20ocean%20economy.
Whether such a move will happen or not, possible or not, time will tell, global events will dictate, but most importantly will the market be receptive to it?........ I mean already the company is so bloody big and strong, why merge for what?..... But the black market believes that if such a move is " forced" on YZJSB by the powers that may be, there will be movements to give the perception that the public and the market in general is supportive of iit........
That is why we don' t target four for the short term for fun....... it is a bet we are really worth talking considering other positive fundamentals.......if the days do come when, the price moves past three convincingly, and aggressively towards four, then this merger speculation is a great possibility &hellip .. because aside from a phenomenal earning cum mega dividends payout, no development would be able to carry the price so far in such a short time.......
Once again this is an unbelievable story to all.......to those seriously vested, this would be an unbelievable great development, to those who have no vested interest at all, they will find this story hard to believe aka unbelievable type.......Dyoddddd anyway
Meanwhile some positive developments of the past one and half months
August 18
New Yangzi Shipbuilding Delivers Second 114,000DWT LR2 Oil Tanker (&ldquo Belgrave Square&rdquo ) to Zodiac
https://www.imarinenews.com/26210.html
Yangzijiang Shipbuilding Delivers The first 75,000DWT LR1 tanker (" Kavomaleas" ) to Dynacom shipowner
https://inf.news/en/economy/5b3cc4730b92e5a3a1198ad4439dc75a.html
August 14
Evergreen Marine is reportedly considering Yangzijiang Shipbuilding for a potential order of container ships, specifically for a series of 24,000 TEU LNG dual-fuel vessels.
https://www.tradewindsnews.com/containers/evergreen-marine-approaches-shipyards-for-2-5bn-container-ship-series/2-1-1856866
August 13
Yangzi-Mitsui Shipbuilding delivers third MR product tanker (" Jal Kalp" )to Singapore shipowner
https://www.worldports.org/yangzi-mitsui-delivers-third-mr-product-tanker-to-singapore-shipowner/
August 8
Resilient Order Pipeline Boosts Yangzijiang' s Outlook Despite Industry Shocks
https://www.perplexity.ai/search/resilient-order-pipeline-boost-UhuUFPT0QYmny8VvYmqZrA
Yangzijiang Shipbuilding delivers 23 vessels in 1H2025, net profit up 36.7% year-on-year
https://en.portnews.ru/news/380372/
August 5
Yangzijiang Shipbuilding Delivers Final LR-Classed MR Tanker(" Narrator" ) to Evalend
https://www.imarinenews.com/25775.html
August 1
Chinese and Korean shipbuilding heavyweights compete for huge CMA CGM order
https://www.maritimeanalytica.com/p/cma-cgms-2b-mega-order-china-vs-s
July 29
Minerva Marine joins feeder ordering frenzy with up to eight newbuildings.
Greek owner approaches two yards in China
https://splash247.com/minerva-marine-lines-up-feeder-newbuilds-in-china/
July 25
CK Line Orders Two $46M Feeder Ships from Yangzijiang Shipbuilding
https://www.imarinenews.com/25379.html
July 12
Yangzi Mitsui Shipbuilding Delivers the second 36000 CBM Dual-fuel LEG Carrier (" Brave Future" ) to Norwegian shipowner
https://www.yamicship.com/en/newsdetails/95/249.html
July 7
Yangzijiang Achieves Dual Milestones with Back-to-Back Deliveries of Innovative Tankers LR1 (75,000 DWT LR1 tanker " Metro Mistral" ) and LR2 (114,000 DWT LR2 oil tanker, the " Berkeley Square" )
https://www.imarinenews.com/24654.html
June 6
Despite US port fee, big shipping companies are still ordering vessels made in China
https://www.msn.com/en-xl/money/other/despite-us-port-fee-big-shipping-companies-are-still-ordering-vessels-made-in-china/ar-AA1Gd9O
' never mind, let me try one more gangsters story and see how it goes before I call it a day and close shop......
YANGZIJIANG SHIPBUILDING
Yangzijiang Shipbuilding is the biggest private shipbuilder in China. It is also ranked among the top shipbuilders globally, in terms of DWT order book size.
Last year, according to CZAPP.COM https://www.czapp.com/analyst-insights/chinas-shipping-dominance-steady-amid-global-challenges/
it held a substantial share of global ship orders. It' s known for its strong balance sheet, cost advantages, and ability to compete with both Chinese and Korean shipbuilders.
Now, according to the black market, the next big happening, not necessarily a big catalyst, would be maybe a M& A development by YZJSB.
Recently the big maritime news has been the merger of two major Chinese shipbuilding companies, China CSSC and CSIC.......
They are merging to strengthen China' s position in the global shipbuilding industry and align with national strategic priorities. The strategic move aims to consolidate resources, streamline operations, and foster innovation, particularly in high-end shipbuilding, to reduce internal competition, improve efficiency, and enhance the industry' s overall competitiveness, particularly in the face of growing international competition and to accelerate the development of the domestic shipbuilding industry.
The combined entity, will be the world' s largest listed shipbuilding company and the enhanced scale is expected to boost research, production capabilities, and supply chain efficiency.
Above all, China looks to counter Trump' s moves to rebuild American shipyards and in doing so check against Trump' s anti-China policies&hellip &hellip the merger also comes in response to growing concerns about unfair competition from Chinese shipbuilders, particularly in the US and Canada. The strategic merger is consolidating operations and focusing on efficiency, the merged entity aims to address some of these concerns and present a more united front.
Besides the merger of its two largest shipbuilding companies, CSSC and CSIC, the Chinese government is ACTIVELY encouraging the consolidation of its shipbuilding industry through mergers of major state-owned companies as well as other private shipbuilding companies, which we can safely say, YZJSB is no exception or, can say in particular...........
This will not necessarily be a ' forced' merger, but a strategic move orchestrated by the Chinese government to enhance the shipbuilding industry' s competitiveness, efficiency, and global influence, and as well as all the reasons stated above for the CSSC/CSIC merger.
https://www.xindemarinenews.com/m/view.php?aid=60371#:~:text=On%20July%204%2C%202025%2C%20the,growth%20of%20China' s%20ocean%20economy.
Whether such a move will happen or not, possible or not, time will tell, global events will dictate, but most importantly will the market be receptive to it?........ I mean already the company is so bloody big and strong, why merge for what?..... But the black market believes that if such a move is " forced" on YZJSB by the powers that may be, there will be movements to give the perception that the public and the market in general is supportive of iit........
That is why we don' t target four for the short term for fun....... it is a bet we are really worth talking considering other positive fundamentals.......if the days do come when, the price moves past three convincingly, and aggressively towards four, then this merger speculation is a great possibility &hellip .. because aside from a phenomenal earning cum mega dividends payout, no development would be able to carry the price so far in such a short time.......
Once again this is an unbelievable story to all.......to those seriously vested, this would be an unbelievable great development, to those who have no vested interest at all, they will find this story hard to believe aka unbelievable type.......Dyoddddd anyway
Meanwhile some positive developments of the past one and half months
August 18
New Yangzi Shipbuilding Delivers Second 114,000DWT LR2 Oil Tanker (&ldquo Belgrave Square&rdquo ) to Zodiac
https://www.imarinenews.com/26210.html
Yangzijiang Shipbuilding Delivers The first 75,000DWT LR1 tanker (" Kavomaleas" ) to Dynacom shipowner
https://inf.news/en/economy/5b3cc4730b92e5a3a1198ad4439dc75a.html
August 14
Evergreen Marine is reportedly considering Yangzijiang Shipbuilding for a potential order of container ships, specifically for a series of 24,000 TEU LNG dual-fuel vessels.
https://www.tradewindsnews.com/containers/evergreen-marine-approaches-shipyards-for-2-5bn-container-ship-series/2-1-1856866
August 13
Yangzi-Mitsui Shipbuilding delivers third MR product tanker (" Jal Kalp" )to Singapore shipowner
https://www.worldports.org/yangzi-mitsui-delivers-third-mr-product-tanker-to-singapore-shipowner/
August 8
Resilient Order Pipeline Boosts Yangzijiang' s Outlook Despite Industry Shocks
https://www.perplexity.ai/search/resilient-order-pipeline-boost-UhuUFPT0QYmny8VvYmqZrA
Yangzijiang Shipbuilding delivers 23 vessels in 1H2025, net profit up 36.7% year-on-year
https://en.portnews.ru/news/380372/
August 5
Yangzijiang Shipbuilding Delivers Final LR-Classed MR Tanker(" Narrator" ) to Evalend
https://www.imarinenews.com/25775.html
August 1
Chinese and Korean shipbuilding heavyweights compete for huge CMA CGM order
https://www.maritimeanalytica.com/p/cma-cgms-2b-mega-order-china-vs-s
July 29
Minerva Marine joins feeder ordering frenzy with up to eight newbuildings.
Greek owner approaches two yards in China
https://splash247.com/minerva-marine-lines-up-feeder-newbuilds-in-china/
July 25
CK Line Orders Two $46M Feeder Ships from Yangzijiang Shipbuilding
https://www.imarinenews.com/25379.html
July 12
Yangzi Mitsui Shipbuilding Delivers the second 36000 CBM Dual-fuel LEG Carrier (" Brave Future" ) to Norwegian shipowner
https://www.yamicship.com/en/newsdetails/95/249.html
July 7
Yangzijiang Achieves Dual Milestones with Back-to-Back Deliveries of Innovative Tankers LR1 (75,000 DWT LR1 tanker " Metro Mistral" ) and LR2 (114,000 DWT LR2 oil tanker, the " Berkeley Square" )
https://www.imarinenews.com/24654.html
June 6
Despite US port fee, big shipping companies are still ordering vessels made in China
https://www.msn.com/en-xl/money/other/despite-us-port-fee-big-shipping-companies-are-still-ordering-vessels-made-in-china/ar-AA1Gd9O
Somewhere in my posts in this thread, I mentioned there will be several big development including one super mega one which has already been announced..... I can confirm there will be another mega one, one that required (I think) a trading halt to announce it ... it may not be as significant as this M1 deal, but still it will excite a lot of long term investors......no, no it' s not this following one, which some are speculating.....
if this news do come, it may cause the cash register to sound, but it won' t move the earth of Keppel
https://www.linkedin.com/posts/said-k-a32610290_who-will-purchase-the-last-remaining-newbuild-activity-7321567108494999553-D9pg#:~:text=Importantly%2C%20the%20vessel%20is%20mechanically,era%20in%20offshore%20rig%20construction.
KEPPEL
Keppel is an asset manager and operator focusing on green investment in real estate, infrastructure, connectivity, and alternative assets.
August 16
Keppel Briefing For Retail Shareholders Hosted By SIAS (2025)
https://docs.publicnow.com/viewDoc?filename=49636%5CEXT%5C9CFA2655E3F2F93CA61E5AC49CA2451A4B7C74EA_DA4029180EA79003CE946F6E1B97C4E2882CE8B4.PDF
August 14
Singapore and India deepen cooperation on trade, tech, skills devs during talks at third India-Singapore Ministerial Roundtable. Keppel represented by deputy chairman Piyush Gupta.
https://sbr.com.sg/economy/news/singapore-and-india-deepen-cooperation-trade-tech-skills-devt
August 13
Keppel fair value seen higher after $1.4b M1 sale
https://sbr.com.sg/news/keppel-fair-value-seen-higher-after-14b-m1-sale
Keppel stock upgraded from Hold to Buy Candidate (with a 90% probability price between S$10.85 and S$11.42) https://stockinvest.us/stock/BN4.SI#:~:text=The%20Keppel%20Corporation%20Limited%20stock%20holds%20a%20sell%20signal%20from,positive%20forecast%20for%20the%20stock.
Keppel: From conglomerate to global asset manager and operator
https://www.straitstimes.com/singapore/from-conglomerate-to-global-asset-manager-and-operator
August 12
Keppel Sells M1 &ndash Is a Special Dividend Coming, and Where Is the Company Headed?
https://drwealth.com/keppel-sells-m1-is-a-special-dividend-coming-and-where-is-the-company-headed/
Keppel Ltd' s S$985m M1 Divestment Fuels Special Dividend & Asset Monetisation Targets for 2025
https://www.minichart.com.sg/2025/08/12/keppel-ltds-s985m-m1-divestment-fuels-special-dividend-asset-monetisation-targets-for-2025/
Keppel said sale of M1 to Simba will help it to ' sharpen' its focus on digital infrastructure instead, as the company pushes
to become more ' asset light.' .
https://www.datacenterdynamics.com/en/news/keppel-to-sell-m1-telecom-business-to-simba-telecom-for-812m/
August 11
As New Keppel pivots to global asset manager, its pro forma EPS falls due to M1 sale
https://www.theedgesingapore.com/news/telecommunications/new-keppel-pivots-global-asset-manager-its-pro-forma-eps-falls-due-m1-sale
August 10
Keppel will sell M1' s telco business to Simba for S$1.43 billion
https://www.channelnewsasia.com/singapore/m1-telco-sale-simba-keppel-billion-5287936
Keppel' s Strategic Divestment of M1 and the Path to Becoming a Global Asset Manager
https://www.ainvest.com/news/keppel-strategic-divestment-m1-path-global-asset-manager-2508/
August 7
Keppel raises total fund under management of $6.3 bil y-t-d across private funds
https://www.theedgesingapore.com/news/company-news/keppel-raises-total-fund-under-management-63-bil-y-t-d-across-private-funds
August 5
Lendlease Global Commercial Reit to divest office component of Jem to Keppel for S$462 million
https://www.mingtiandi.com/real-n/lendlease-reit-selling-office-zone-of-singapore-complex-to-keppel-funds-for-359m/
Keppel sells Saigon Sports City stake at a discount. The deal was first announced in 2024.
https://sbr.com.sg/commercial-property/news/keppel-sells-saigon-sports-city-stake-discount
July 31
Keppel posts higher earnings on strong infrastructure, real estate operations
https://www.reuters.com/markets/asia/keppel-posts-higher-earnings-strong-infrastructure-real-estate-operations-2025-07-30/
Keppel shares hit 6-year high on H1 earnings growth, share buyback and asset divestment plans
https://www.businesstimes.com.sg/companies-markets/keppel-shares-hit-6-year-high-h1-earnings-growth-share-buyback-and-asset-divestment-plans?dicbo=v2-qJR8YUc& ref=article-bottom-outbrain-recommended
Keppel seeks KKR comparison in push to divest
https://www.bloomberg.com/news/articles/2025-07-31/singapore-s-keppel-seeks-comparisons-to-kkr-in-push-to-divest
30 July
Keppel could be one of the best blue-chip stocks to invest in or trade due to its focus on sustainability &ndash if that' s a motivating factor for you.
Top 5 blue-chip stocks to watch in Singapore in 2025
https://www.ig.com/sg/trading-strategies/top-5-blue-chip-stocks-to-watch-in-singapore-250729
July 15
Keppel, PacificLight, and YTL to conduct CCS studies for power sector
https://asian-power.com/news/keppel-pacificlight-and-ytl-conduct-ccs-studies-power-sector
People here been complaining there' s no activity from SEAtrium, past couple of months..... well, if they bother to look around..... and there' s that bitch, Ms Joy, who keep kpkb on SEAtrium .... and when some bro posted some news (which not been posted) he would mock it as old news... well, if it' s old news, why she didn' t bother to post it in the first place..? instead of kpkb, complain, complain.....remember one Sickening Warrior in the YZJFH thread, who kept spamming every day in the thread to the annoyance of many..... I have to cruelly predicted that if he disappeared from this forum.the stock will fly.... when he did disappear, I started making positives moves on the turtle stock..../look at what happen to YZJFH today...... coincidence? You judge yourself........ the posts are still there, you can go and read them...same here, if Ms Joy is gone for good, I m sure Ah Yang will fly...... unless she really is not vested......
SEATRIUM
August 16
Seatrium Public Lecture Series explores Offshore Wind as the Future of Energy
https://cde.nus.edu.sg/news-detail/seatrium-public-lecture-series-explores-offshore-wind-as-the-future-of-energy/
Seatrium Public Lecture: Offshore Wind - A Game Changer in Our Future Energy Supply (Video)
https://www.bing.com/videos/riverview/relatedvideo?q=Seatrium& mid=7FC9F81F051F2A9EE9C67FC9F81F051F2A9EE9C6& FORM=VIRE& ajaxhist=0& ajaxserp=0
August 15
Golar LNG is planning to build a fourth FLNG unit and is in talks with Seatrium in Singapore for a 2.0 - 2.7 mtpa capacity unit
https://splash247.com/golar-readies-to-lock-in-fourth-flng-unit/
August 14
Seatrium and Karpowership Forge New Partnership: With four FSRUs already delivered, a fifth scheduled for delivery, and two more under conversion, Seatrium emphasizes its role as a long-term trusted partner in this sector.
https://mfame.guru/seatrium-and-karpowership-expand-collaboration-on-floating-power-projects/
August 13
Petrobras Scraps P-86 FPSO Tender for Campos Basin Revitalization
https://www.imarinenews.com/26031.html
August 11
Seatrium refreshes PXGEO 2 ahead of work in Malaysia
https://www.offshore-energy.biz/seatrium-refreshes-pxgeo-2-ahead-of-work-in-malaysia/
August 7
Seatrium' s Earnings May Just Be The Starting Point
https://finance.yahoo.com/news/seatriums-sgx-5e2-earnings-may-220106926.html
TNFD adopters Frasers Property, Seatrium disclose nature-related issues in sustainability reports
https://www.theedgesingapore.com/news/environmental-social-and-governance/tnfd-adopters-frasers-property-seatrium-disclose-nature
August 6
Seatrium enlists Axess for compliance work on Brazil-bound FPSOs
https://www.offshore-energy.biz/seatrium-enlists-axess-for-compliance-work-on-brazil-bound-fpsos/
Seatrium and Keppel among 4 Singapore Blue-Chip Stocks That Grew Their Profits
https://thesmartinvestor.com.sg/earnings-spotlight-4-singapore-blue-chip-stocks-that-grew-their-profits/
August 5
Giant installation vessel heads for US sea-trials and service
Dominion Energy&rsquo s $715 million Charybdis is expected to enter service as the nation&rsquo s only US-flagged wind turbine installation vessel
https://www.upstreamonline.com/rigs-and-vessels/giant-installation-vessel-heads-for-us-sea-trials-and-service/2-1-1853515
Seatrium starts sea trials for Jones Act-compliant WTIV Charybdis https://en.portnews.ru/news/373810/#:~:text=The%20vessel%2C%20commissioned%20by%20Dominion,of%20offshore%20vessels%20and%20platforms.
August 3
Revenue Beat: Seatrium Limited Beat Analyst Estimates By 22% https://finance.yahoo.com/news/revenue-beat-seatrium-limited-beat-001022073.html
July 31
Seatrium&rsquo s revenue could reach $10 bil in FY2025 after higher-than-expected 1HFY2025 revenue: CGSI
https://www.theedgesingapore.com/capital/brokers-calls/seatriums-revenue-could-reach-10-bil-fy2025-after-higher-expected-1hfy2025
Seatrium ' actively pursuing' $23 billion near-term contracts pipeline
https://www.upstreamonline.com/finance/seatrium-actively-pursuing-23-billion-near-term-contracts-pipeline/2-1-1852061
July 30
Seatrium to pay fines to end decade-old corruption investigation in Brazil waves goodbye to Operation Carwash, overhang lifted
https://maritime-executive.com/article/seatrium-to-pay-fines-to-end-decade-old-corruption-investigation-in-brazil
July 21
Seatrium to Deliver FPSO for Petrobras' Buzios Operations
https://www.rigzone.com/news seatrium_to_deliver_fpso_for_petrobras_buzios_operations-21-jul-2025-181200-article/?rss=true& utm_source=YAHOO_FINANCE& utm_medium=LINK& utm_campaign=ORIGINAL_ARTICLE
Seatrium just delivered a game-changing FPSO to Brazil&rsquo s deepwater giant. (Video)
https://www.facebook.com/reel/1815262199385523
July 18
Latest Bú zios FPSO close to departing Singapore
https://www.offshore-mag.com/print/content/55304070
July 17
Seatrium to propel Offshore innovation with first turnkey FPSO delivery to Petrobras
https://www.shipmanagementinternational.com/news/seatrium-to-propel-offshore-innovation-with-first-turnkey-fpso-delivery-to-petrobras
SBM Offshore&rsquo s Jaguar FPSO Enters Drydock in Singapore (Video)
https://www.oedigital.com/news/528057-sbm-offshore-s-jaguar-fpso-enters-drydock-in-singapore-video
July 16
How Seatrium is building a global engineering brand from a Singapore dock
https://www.theedgesingapore.com/news/kopi-c-company-brew/how-seatrium-building-global-engineering-brand-singapore-dock
July 15
Seatrium Expands Sustainable Finance Framework: Seatrium Secures $400M Green Credit Facility from UOB to Advance ESG Goals
https://www.marinelink.com/news/seatrium-expands-sustainable-finance-527946
July 14
Itochu secures contracts to build ammonia bunkering tanker for 2028 operation
https://en.portnews.ru/news/379282/
July 8
Green Batam: Wind Turbine Foundation Exported to the United States https://batamnewsasia.com/2025/07/08/green-batam-wind-turbine-foundation-exported-to-the-united-states/
July 4
Kinetics commissions Seatrium for further FSRU conversion
Seatrium bags deal for floating storage regasification unit conversion
https://www.offshore-mag.com/print/content/55301310
North Sea FPSO redeployment moves to next phase
Aragon has been awarded a new contract for pre-FID works on the Aoka Mizu redeployment
https://www.upstreamonline.com/rigs-and-vessels/north-sea-fpso-redeployment-moves-to-next-phase/2-1-1842060
Eyeing Arctic dominance, Trump bill earmarks $8.6 billion for US Coast Guard icebreakers
https://www.reuters.com/world/us/eyeing-arctic-dominance-trump-bill-earmarks-86-billion-us-coast-guard-2025-07-03/
https://www.marinelink.com/news/maritime/keppel-amfels
Trump&rsquo s attempt to revive U.S. shipping is a heavy lift
https://www.workboat.com/trumps-attempt-to-revive-us-shipping-is-a-heavy-lift#:~:text=The%20774' %20Janet%20Marie%2C%20Pasha,%7C%20Maritime%20Hawai' i%20photo.
US dredging fleet grows to meet rising demand
https://www.workboat.com/search?query=Seatrium
" Sembcorp' s Over-Corrected Share Price Offers Strategic Entry Point For Patient Investors: UOBKH Research"
https://sginvestors.io/analysts/research/2025/08/sembcorp-industries-1h25-curtail-the-worry-uob-kay-hian-research-2025-08-11
https://sginvestors.io/analysts/research/2025/08/sembcorp-industries-1h25-curtail-the-worry-uob-kay-hian-research-2025-08-11
Just seen this. Useful piece of info. Thanks again :)
Louistan ( Date: 14-Aug-2025 15:36) Posted:
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https://www.straitstimes.com/business/companies-markets/sembcorp-conducting-strategic-review-of-business-sources
seanpent ( Date: 14-Aug-2025 14:46) Posted:
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Bro pouring cold water over shorties' head :)
aragosta ( Date: 14-Aug-2025 14:35) Posted:
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OIC. I must try to delve further into the background of this. As per aragosta' s write-up, suppose this agenda will make a comeback someday.
Thanks both, Louistan and aragosta.
Thanks both, Louistan and aragosta.
Louistan ( Date: 14-Aug-2025 09:02) Posted:
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Wa, more than 1000 views...... means got some interests......
One bro was begging me, " bro, please don' t write so much , can or not, can get headache, juz tell us the headline and price targetand we decide buy or don' t buy......" .... hello, my posts are meant to be long ....for long termers mah..... only them will have the patience to read alll...... it' s like a long movie, if you go there with a girl, just to have her company, of course you will fall asleep halfway, if she shows no action.... but if u both enjoy the movie, you will watch till the very end..... and discover the plot ending..... and have a great evening...... no short cut to making money la, like what the shorties are going to discover very very soon,,,,.they thought XD is a killing time ......
okay la, today to amuse you I juz post this short post with the following link......
the problem is you gonna spend some time going thru it..... if u are a shortie, you won' t enjoy reading it anyway....
SEMBCORP
Sembcorp Industries is a Singaporean state-owned energy and urban development company.
A leader in energy and urban development in Asia, Sembcorp is driving energy transformation responsibly.
https://www.theedgesingapore.com/SG60/nation-builders/powering-sustainable-solutions-across-asia
===
One bro was begging me, " bro, please don' t write so much , can or not, can get headache, juz tell us the headline and price targetand we decide buy or don' t buy......" .... hello, my posts are meant to be long ....for long termers mah..... only them will have the patience to read alll...... it' s like a long movie, if you go there with a girl, just to have her company, of course you will fall asleep halfway, if she shows no action.... but if u both enjoy the movie, you will watch till the very end..... and discover the plot ending..... and have a great evening...... no short cut to making money la, like what the shorties are going to discover very very soon,,,,.they thought XD is a killing time ......
okay la, today to amuse you I juz post this short post with the following link......
the problem is you gonna spend some time going thru it..... if u are a shortie, you won' t enjoy reading it anyway....
SEMBCORP
Sembcorp Industries is a Singaporean state-owned energy and urban development company.
A leader in energy and urban development in Asia, Sembcorp is driving energy transformation responsibly.
https://www.theedgesingapore.com/SG60/nation-builders/powering-sustainable-solutions-across-asia
===
Privatisation has been hinted in a previous media report as one of the possible outcomes of an ongoing review. Even if does not result in any privatisation, the CEO has hinted last Friday, that they exploring a strategy to achieve higher growth rates, which will be announced in due course. This is over and above a shopping spree that they will embark on for M& As and the listing of its India operations which is a foregone conclusion.
seanpent ( Date: 14-Aug-2025 08:56) Posted:
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Woah ..... " privatisation" ? ..... something new .....
aragosta ( Date: 13-Aug-2025 14:24) Posted:
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DON' T PLAY PLAY.....THIS MAN IS AS GOOD AS ANY GREAT CATALYST!
The M1/Simba deal has his finger prints all over.......if u manage to read through all, you' ll understand why $15 by 2030 is very possible..........
Piyush Gupta to join Keppel as deputy board chairman
https://www.channelnewsasia.com/singapore/keppel-piyush-gupta-deputy-board-chairman-non-executive-independent-director-5158561
Singaporeans don' t deserve Piyush Gupta
https://www.emmanueldaniel.com/singaporeans-dont-deserve-piyush-gupta/
Piyush Gupta' s appointment as Deputy Chairman and Non-Executive Independent Director at Keppel Ltd. is highly significant. He brings a wealth of experience from his previous role as CEO of DBS, particularly in driving digital transformation, which aligns with Keppel' s strategic goals. His appointment strengthens the board with his financial acumen and leadership experience, crucial for Keppel' s evolution into a global asset manager and operator.
Welcoming Mr Gupta, Keppel chairman Danny Teoh said: " Piyush is joining us at an exciting time in Keppel' s journey and I am confident that his leadership and experience in driving business and digital transformation will be invaluable for Keppel as we accelerate our progress towards becoming a leading global asset manager and operator.
" Piyush' s strong track record is well-known, after successfully leading DBS for more than 15 years, and earning DBS international accolades such as the ' World&rsquo s Best Bank' ,and the ' World&rsquo s Best Digital Bank' ," he added.
Whether Gupta can achieve the same level of transformation at Keppel as he did at DBS remains to be seen, his appointment as Deputy Chairman and Non-Executive Independent Director, effective July 1, 2025, at Keppel is a positive step and is expected to be a significant boost for the company. His appointment signals Keppel' s ambition and commitment in leveraging his expertise to accelerate its transformation into a leading global asset manager and operator, according to Keppel.
Potential Benefits and Synergy & Key Factors for Potential Success:
Gupta is the Man!
Gupta' s Board Leadership Role:
Alignment with Keppel' s Goals
Digital Transformation Expertise
Leadership and Strategic Guidance:
Industry Connections and Collaboration:
Emphasis on Sustainability and Green Energy:
Considerations for Future Leadership:
Enhancing shareholders' value of Keppel
In summary, Piyush Gupta' s appointment at Keppel is a strategic move that brings a wealth of experience in digital transformation, leadership, and industry connections. His expertise is expected to accelerate Keppel' s progress in becoming a leading global asset manager and operator, particularly in the areas of digital infrastructure, asset management, and sustainable development.
Keppel' s board is confident that his leadership and experience will be invaluable as they accelerate their progress
The M1/Simba deal has his finger prints all over.......if u manage to read through all, you' ll understand why $15 by 2030 is very possible..........
Piyush Gupta to join Keppel as deputy board chairman
https://www.channelnewsasia.com/singapore/keppel-piyush-gupta-deputy-board-chairman-non-executive-independent-director-5158561
Singaporeans don' t deserve Piyush Gupta
https://www.emmanueldaniel.com/singaporeans-dont-deserve-piyush-gupta/
Piyush Gupta' s appointment as Deputy Chairman and Non-Executive Independent Director at Keppel Ltd. is highly significant. He brings a wealth of experience from his previous role as CEO of DBS, particularly in driving digital transformation, which aligns with Keppel' s strategic goals. His appointment strengthens the board with his financial acumen and leadership experience, crucial for Keppel' s evolution into a global asset manager and operator.
Welcoming Mr Gupta, Keppel chairman Danny Teoh said: " Piyush is joining us at an exciting time in Keppel' s journey and I am confident that his leadership and experience in driving business and digital transformation will be invaluable for Keppel as we accelerate our progress towards becoming a leading global asset manager and operator.
" Piyush' s strong track record is well-known, after successfully leading DBS for more than 15 years, and earning DBS international accolades such as the ' World&rsquo s Best Bank' ,and the ' World&rsquo s Best Digital Bank' ," he added.
Whether Gupta can achieve the same level of transformation at Keppel as he did at DBS remains to be seen, his appointment as Deputy Chairman and Non-Executive Independent Director, effective July 1, 2025, at Keppel is a positive step and is expected to be a significant boost for the company. His appointment signals Keppel' s ambition and commitment in leveraging his expertise to accelerate its transformation into a leading global asset manager and operator, according to Keppel.
Potential Benefits and Synergy & Key Factors for Potential Success:
Gupta is the Man!
- Gupta' s Appointment Signals Keppel' s Ambitions:
Piyush Gupta led DBS through a significant transformation, evolving it into a global financial powerhouse and driving digital innovation, making them a leader in digital banking. Keppel is currently undergoing its own transformation, aiming to become a leading global asset manager and operator. Gupta will be the man to accelerate that. - Gupta' s Strengths:
Gupta' s experience and success in driving digital transformation at DBS will be valuable as Keppel expands its digital infrastructure initiatives, such as data centers. He also brings a strong network and leadership experience from his time at DBS, which can be leveraged by Keppel. - Strong Track Record:
As Deputy Chairman, Gupta will play a key role in guiding this transformation, leveraging his experience in driving business and digital change. His leadership at DBS significantly enhanced the bank' s digital offerings and customer engagement, and this will be beneficial for Keppel' s asset management and infrastructure ambitions - Financial Acumen and Strategic Leadership:
With nearly four decades of international banking experience, including his time at DBS and Citi, Gupta possesses deep financial knowledge and operational insights that can benefit could help Keppel navigate complex financial landscapes and make strategic investment decisions. Keppel' s strategic decision-making. - Leadership and Transformation:
Gupta' s leadership in driving DBS' s digital transformation will be crucial as Keppel accelerates its own journey. His experience in navigating complex business environments will be invaluable.
Gupta' s Board Leadership Role:
- Strategic Appointment:
As Deputy Chairman, Gupta will have a key role in guiding Keppel' s strategic direction. The Keppel Chairman highlighted Gupta' s leadership and experience as crucial for their future direction. - Board Diversity and Independence:
Gupta' s appointment increases the board' s independence, with seven out of nine directors now being independent. This diversity of thought and perspective can enhance the board' s effectiveness. - Committee Appointments:
Gupta' s appointment to the Nominating, Remuneration, and Board Sustainability & Safety Committees further highlights his importance to Keppel' s governance structure. - Complementary Skills:
Gupta' s expertise in finance and digital transformation complements the existing strengths of the Keppel board and management team.
Alignment with Keppel' s Goals
- Keppel' s Strategic Direction:
Keppel is a large conglomerate with diverse businesses. It has ambitions to become a leading global asset manager and operator, and is currently focused on strengthening its asset management and infrastructure businesses, with a particular emphasis on digital infrastructure, and Gupta' s experience in navigating similar transformations at DBS , as well as his customer-centric approach, makes him a valuable asset during this period. - Strategic Alignment: Piyush Gupta' s appointment as Deputy Chairman and a non-executive independent director at Keppel brings a wealth of experience in business and digital transformation, which aligns with Keppel' s strategic goals of becoming a leading global asset manager and operator. His leadership at DBS, where he spearheaded a digital-first approach, positions him to accelerate Keppel' s progress in areas like digital infrastructure and asset management.
Digital Transformation Expertise
- Driving Digital Innovation:
Gupta' s proven track record in driving digital transformation at DBS, including modernizing systems and enhancing customer experience, demonstrates his ability to drive digital transformation at a large scale. He transformed DBS into a tech-driven company, which included moving systems to the cloud and significantly improving application development speed. This could be invaluable as Keppel expands its digital infrastructure initiatives, particularly in data centers and renewable energy projects. - Accelerating Keppel' s Digital Initiatives:
Keppel is actively expanding its digital infrastructure, including data centers, which aligns with Gupta' s expertise with Gupta' s expertise in driving business transformation. His experience can help Keppel optimize its digital strategy and execution. - Enhancing Operational Efficiency:
Gupta' s approach to digital transformation at DBS focused on improving customer experience and operational efficiency, which can be valuable for Keppel as it aims to enhance its asset management and operating capabilities
Leadership and Strategic Guidance:
- Proven Leadership:
Gupta' s 15-year tenure at DBS, where he transformed the bank into a global leader in digital banking, demonstrates his ability to drive significant change and achieve ambitious goals. - Visionary Leadership:
Gupta' s leadership at DBS involved a shift towards a more collaborative and empowering leadership style, which can be beneficial for Keppel as it navigates its strategic goals. - Strategic Reinforcement:
Keppel' s board views Gupta' s appointment as a strategic reinforcement, recognizing his global outlook, financial acumen, and experience in driving digital change.
Industry Connections and Collaboration:
- Industry Expertise:
Gupta' s deep understanding of the financial industry, particularly his experience in wealth management and transaction banking, could be beneficial for Keppel' s asset management business. Gupta' s experience in banking may be directly transferable to these new areas. - Deep Industry Networks:
Gupta' s extensive experience in the financial sector and his existing board positions in Singapore provide him with valuable networks and relationships that can benefit Keppel. - Ecosystem Collaboration:
Gupta' s appointment is expected to deepen investor confidence and expand Keppel' s ecosystem collaborations across Asia-Pacific and beyond. - Potential for Synergistic Partnerships:
Keppel and DBS have already collaborated on sustainable development initiatives, and Gupta' s appointment may foster further collaborations between the two entities. - Expanding Reach and Influence:
Gupta' s network and reputation within the financial and business community could help Keppel expand its global presence and attract new investors and partners.
Emphasis on Sustainability and Green Energy:
- Driving Sustainable Development:
Keppel is focusing on green energy, digital connectivity, and smart urban infrastructure, aligning with Singapore' s national sustainability and digitalization goals. Gupta' s experience in these areas can further strengthen Keppel' s commitment. - Customer-Centric Approach:
His customer-focused approach, honed at DBS, could be beneficial for Keppel as it seeks to enhance its sustainability initiatives and engage with its stakeholders.
Considerations for Future Leadership:
- Boon for Keppel Should Piyush Gupta Become Chairman: https://www.businesstimes.com.sg/opinion-features/boon-keppel-should-piyush-gupta-become-chairman
- Board Dynamics:
Gupta' s appointment as Deputy Chairman could be a stepping stone to a future chairmanship, but the current board structure and relationships will play a role. - Possibility of a Chairman Gupta: While not guaranteed, it' s certainly plausible that Piyush Gupta could eventually be appointed Chairman of Keppel Ltd. His recent appointment as Deputy Chairman and non-executive independent director, coupled with his extensive experience at DBS, positions him well for future leadership roles. Keppel could leverage his expertise in digital transformation, financial acumen, and strategic leadership to accelerate its growth as a global asset manager and operator.
- Gupta' s Personal Ambitions:
While he has expressed excitement about contributing to Keppel' s journey, his long-term career goals will also be a factor. This man certainly has big ambitions!
Enhancing shareholders' value of Keppel
- Monetization Strategy: Keppel' s focus on asset monetization can benefit from Gupta' s experience in driving efficiency and optimizing financial performance within large organizations
- Could Gupta help Keppel to achieve a TP of $15 per share by 2030? Achieving $15 per share target by 2030 is dependent on many factors beyond Gupta' s direct influence, and would require significant growth and value creation, driven by Keppel' s own specific strategic execution, market conditions, and potentially, strategic collaborations between Keppel and DBS. If Keppel and DBS were to collaborate, it could potentially benefit Keppel by providing access to capital, expertise, and potentially new business opportunities.
- Piyush Gupta, had delivered returns of more than 600% at DBS: https://www.theedgesingapore.com/news/banking-finance/piyush-gupta-having-delivered-returns-more-600-says-dbs-good-hands-incoming-ceo
Piyush Gupta' s appointment is not just a symbolic one it represents a strategic move by Keppel to leverage his expertise in driving digital innovation, enhancing asset management capabilities, and strengthening investor confidence. This, in turn, is expected to contribute to Keppel' s growth and potentially lead to a higher share price. Will it be like a ' DBS-lite' of price? As long as Magical Gupta is with us, there always a possibility! But most shareholders would certainly be happy with a 200% increase!
In summary, Piyush Gupta' s appointment at Keppel is a strategic move that brings a wealth of experience in digital transformation, leadership, and industry connections. His expertise is expected to accelerate Keppel' s progress in becoming a leading global asset manager and operator, particularly in the areas of digital infrastructure, asset management, and sustainable development.
Keppel' s board is confident that his leadership and experience will be invaluable as they accelerate their progress
There so much to write and post about the 4 SEAS but I will or can only do so end of the day or over the weekend.... first, very simple, if u are busy trading or looking at good investment entries, where got time to post every few minutes?..... unless you are those who own only100 DBS shares aka 5 lots Dynamac, then can have the luxury of time here to do so, while busy serious investors or traders don' t...... the other is that the posting of each message in this forum is still so damned slow to go through.... busy people where got time for such stone-age slow forum.....?
anyway, now is breaktime, so I shall talk abit, not because the market is green hor.....
you know, the mafia chiefs have a saying, " You can kill my soldiers, destroy my suppliers, murder my informers, blackmail my bookkeepers but you can never destroy my inevitable rise to power when my stars are shining!" ....now, put it it in the context of the stock market, we can say of the 4 SEAS stocks, " You can destroy the price for a day, two days or a week even, but you can never destroy its fundamentals or stop its strategic developments or slow down its growth ....when the positive signs are there." .... put it bluntly, if you can' t resist the wave of inevitables that will come.....in the end you only kill yourself.... look at my earlier warnings on Seatrium when it was trading at $2......and u will understand a bit, how the shorties were destroyed.....
Why the black market strongly believes SCI will turn private
Specifically, let' s talk about Sembcorp... since the rumors are everywhere, the press speculates it, and even the company hinted it, it' s no longer an " insider" type of info..... the gangsters strongly believe Semb will go private....especially if the authorities decide on the nuclear energy development and Semb is tasked to run it..... because authorities are highly protective of entities running sensitive nuclear energy programs due to national security concerns, economic implications, and the potential for catastrophic accidents. Nuclear power is often seen as vital for energy independence, economic stability, and even national security, making its oversight crucial and necessitating robust protection........
NOW, even there' s not going to be any nuclear thingy, or Semb is not the one running it, there is still a wide belief that Semb will be taken private, because Semb is such an important entity to the authorities due to its significant role in providing essential energy and urban solutions, contributing to Singapore' s energy security, and supporting its sustainability goals. As a key player in the energy sector, Sembcorp is crucial for ensuring a stable and affordable energy supply, particularly through its leadership in natural gas and renewable energy initiatives....... if u recall, several Singaporean companies, including F& N and Asia Pacific Breweries , have been acquired by foreign entities...... NOL was acquired by a French company, even Raffles Hotel is no longer ours .... so to prevent a NOL 2.0, THE PEOPLE in the control room are thinking and talking aloud that this should and WILL never happen to our " National Security" company........
The black market is a million percent cock sure that the privatisation for a company involved in such state essential programs will happen, and betting that it will happen....... I think the one stumbling block at the moment is the price to be offered...... it should be an intrinsic price that is affordable to the insiders people and one that can satisfy the outsiders people..... the gangsters are betting that it' s a NO $10 NO Sell type of offer, before it can be successful.....
of course this gangster story is unbelievable to every body..... for those who are invested, it would be an unbelieveable great deal.... for those who don' t have, it is unbelieveable, that is how to believe?
But as I always say, the gangsters are not bothered whether u believe or not believe....dyoddd anyway
anyway, now is breaktime, so I shall talk abit, not because the market is green hor.....
you know, the mafia chiefs have a saying, " You can kill my soldiers, destroy my suppliers, murder my informers, blackmail my bookkeepers but you can never destroy my inevitable rise to power when my stars are shining!" ....now, put it it in the context of the stock market, we can say of the 4 SEAS stocks, " You can destroy the price for a day, two days or a week even, but you can never destroy its fundamentals or stop its strategic developments or slow down its growth ....when the positive signs are there." .... put it bluntly, if you can' t resist the wave of inevitables that will come.....in the end you only kill yourself.... look at my earlier warnings on Seatrium when it was trading at $2......and u will understand a bit, how the shorties were destroyed.....
Why the black market strongly believes SCI will turn private
Specifically, let' s talk about Sembcorp... since the rumors are everywhere, the press speculates it, and even the company hinted it, it' s no longer an " insider" type of info..... the gangsters strongly believe Semb will go private....especially if the authorities decide on the nuclear energy development and Semb is tasked to run it..... because authorities are highly protective of entities running sensitive nuclear energy programs due to national security concerns, economic implications, and the potential for catastrophic accidents. Nuclear power is often seen as vital for energy independence, economic stability, and even national security, making its oversight crucial and necessitating robust protection........
NOW, even there' s not going to be any nuclear thingy, or Semb is not the one running it, there is still a wide belief that Semb will be taken private, because Semb is such an important entity to the authorities due to its significant role in providing essential energy and urban solutions, contributing to Singapore' s energy security, and supporting its sustainability goals. As a key player in the energy sector, Sembcorp is crucial for ensuring a stable and affordable energy supply, particularly through its leadership in natural gas and renewable energy initiatives....... if u recall, several Singaporean companies, including F& N and Asia Pacific Breweries , have been acquired by foreign entities...... NOL was acquired by a French company, even Raffles Hotel is no longer ours .... so to prevent a NOL 2.0, THE PEOPLE in the control room are thinking and talking aloud that this should and WILL never happen to our " National Security" company........
The black market is a million percent cock sure that the privatisation for a company involved in such state essential programs will happen, and betting that it will happen....... I think the one stumbling block at the moment is the price to be offered...... it should be an intrinsic price that is affordable to the insiders people and one that can satisfy the outsiders people..... the gangsters are betting that it' s a NO $10 NO Sell type of offer, before it can be successful.....
of course this gangster story is unbelievable to every body..... for those who are invested, it would be an unbelieveable great deal.... for those who don' t have, it is unbelieveable, that is how to believe?
But as I always say, the gangsters are not bothered whether u believe or not believe....dyoddd anyway
True. Time and again, it' s proven .....
Allowing for couple of days or so for market to absorb the recent results, SCI could be up and running again, hopefully powering beyond 8.
Allowing for couple of days or so for market to absorb the recent results, SCI could be up and running again, hopefully powering beyond 8.
aragosta ( Date: 11-Aug-2025 16:38) Posted:
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Shareholders only think about how much cash returns they can milk from this deal. They won' t want to know if deal is a super deal....... well, I got good news and not so good news for you...... according to the mafia chief' s bookkeeper, the deal translates into a gross receipt of $0.75 per share....that' s actually hell of a lot of money........of course, the management won' t highlight this to you because they already said they would use the proceeds to reduce gearing, for future growth etc..... but they know they will face some heat strokes from the shareholders on this ..... so I understand (heard only ah!!) they may plan to give us some rewards in kind, like maybe some dividend in species, like Keppel Reits or better still, Keppel DC REITs, or even some bonus shares...... this was in hearsay conversation only.... so I don' t how true this will turn up...... Anyway, in any case, whether we get any form of rewards or not from this deal, think of this as a great deal..... because ACTUALLY IT IS A GREAT DEAL...... hopefully the market will see it this way,..... in any case as I said so earlier, this is the black market' s current favorite play.... and at the moment the gangsters do not have a sell button on this stock.... because they arre expecting more great developments to come leading to 2030..... they have the greatest respect for this great man, Gupta, who they believe is the only guy capable of turning this into a mini-BlackRock or BlackStone !!....... So please do take somevtime to read what I copied and pasted from the mafia' s black book!
Divesting M1 is like slaughtering the last albatross*
around Keppel' s neck
(*The metaphor " albatross around a person' s neck" refers to a burden or a problem that prevents progress or success. This metaphor, originating from the book " The Ancient Mariner," perfectly captures the sentiment that M1 may be a persistent and unwelcome weight on Keppel' s performance and reputation. )
Keppel viewed M1 as a non-core asset, and its divestment was seen as a positive move to streamline operations and potentially free up capital for higher-return core businesses. Selling M1 allowed Keppel to offload a non-core business that was not synergistic with its main operations and where it had limited control due to its small stake.
https://www.businesstimes.com.sg/companies-markets/s1-4-billion-sale-m1s-telco-business-simba-important-despite-s222-million-accounting-loss-keppel-ceo
Here' s why M1 was considered a burden and why its sale was seen as beneficial:
- Streamlining Focus:
M1' s consumer mobile business is not seen as a core part of Keppel' s business, which are more focused on infrastructure and asset management.
Since, it' s not contributing significantly to Keppel' s overall growth, selling M1, could allow Keppel to concentrate on its core strengths and other growth areas, such as green energy projects and its asset management business. - Limited control:
Keppel' s stake in M1, though significant, did not give it majority control, making it difficult to influence M1' s strategic direction. - Strategic misfit:
Some analysts suggest that M1' s telecommunications business doesn' t align with Keppel' s broader strategy of transforming into an asset manager. - Declining profitability:
Corporate Monitor Limited notes that M1' s profitability has declined, and it has struggled to meet return on equity targets despite Keppel' s significant investment. - Potential for higher returns:
The sale of M1 allowed Keppel to deploy the proceeds into its higher-return core businesses, such as data centers and logistics. - Reduced Risk:
Selling M1 could also reduce Keppel' s exposure to the competitive and capital-intensive telecommunications market, potentially improving its overall risk profile. - Strategic Divestment:
This divestment aligns with Keppel' s asset-light strategy and its focus on digital infrastructure within its connectivity segment. - Cash Accretive:
Keppel anticipates an accounting loss of S$222 million due to the sale, primarily related to goodwill and intangibles associated with M1.
Despite the accounting loss, the transaction is cash accretive, meaning it will generate more cash than Keppel initially invested in M1. - Strategic Considerations:
The potential sale of M1 could also be part of a broader strategy by Keppel to optimize its portfolio and unlock value for shareholders, according to The Business Times. (https://www.businesstimes.com.sg/companies-markets/new-keppel-shows-promise-m1-sale-and-green-projects-could-stir-more-excitement) - Shareholder Value:
The deal is expected to improve Keppel' s pro forma net tangible assets (NTA) per share and reduce leverage, potentially benefiting shareholders. - Future Growth:
Keppel will retain high-growth assets worth over S$300 million and plans to use the proceeds for further growth, debt reduction, or shareholder rewards.