Sembcorp Ind    Last:6.13    -0.08

Semb Corp to file for Indian IPO

brent up 1.28%, crude up 1.25%...cross over 3.10....tp 3.18.... 

 

dow future now +103...can tapao.... 

 

Yes I sold at $3.11 when Dow future index drop a few day ago and bought back at $3.05

Yesterday drop and now breakeven when sell ( Trade war is on going:   dangerous ), hope Donald Trump don' t make wrong move

 

leongyan      ( Date: 05-Apr-2018 09:10) Posted: If u sold at 3.1x and buy back now make twice Francisgohyc      ( Date: 29-Mar-2018 16:26) Posted: Chiong Chiong invested 7000 share  at $3.04 Hope it fly high as Sembcorp marin

 

last nite US inventories drop 4.617m barrels...brent n crude up....

 

Not just the IPO , it has announce restructuring plan which will bring in $M beside the India IPO.
final catalysts cld be S Marine major order win.
Vested

halleluyah      ( Date: 05-Apr-2018 09:05) Posted: collect some fr india ipo...

 

If u sold at 3.1x and buy back now make twice

Francisgohyc      ( Date: 29-Mar-2018 16:26) Posted: Chiong Chiong invested 7000 share  at $3.04 Hope it fly high as Sembcorp marine wehuattogether88      ( Date: 29-Mar-2018 15:10) Posted: Now its flying....Chiong Ah...

 

collect some fr india ipo...

 

Trust your own judgement and just let it creeps up steadily

Francisgohyc      ( Date: 30-Mar-2018 09:39) Posted: Sembcorp Ind India IPO will be near term That why 29-3-18 the volume surge The price will be moving up ..... Huat

 

Sembcorp Ind India IPO will be near term That why 29-3-18 the volume surge The price will be moving up ..... Huat

 

Chiong Chiong invested 7000 share  at $3.04

Hope it fly high as Sembcorp marine

wehuattogether88      ( Date: 29-Mar-2018 15:10) Posted: Now its flying....Chiong Ah...

 

Now its flying....Chiong Ah...

 

And that is because the Rich and the Insiders have tons of Financial Advisers and Lawyers to help them suck more money from Retail Investors.
While Retail  Investors rely on Stock Forums to mislead them.    Lol.

KAMAL0883      ( Date: 23-Feb-2018 14:13) Posted: the richs very cunning and calculative, no way can queez their money... only they can take advantage on you but not the other way round ... wait and see if SCI pour money there sure get hit blue black in future beginners      ( Date: 23-Feb-2018 12:36) Posted: Haha, in fact it?s not easy to work with there. Very good in talking but can not deliver result. Every time roti prata here and there

 

Sembcorp Industries' CEO, senior management take voluntary 10-15% pay cut

http://businesstimes.com.sg/companies-markets/sembcorp-industries-ceo-senior-management-take-voluntary-10-15-pay-cut

 

Moving up....

 

Thanks Master SgYuan!!

SgYuan      ( Date: 14-Mar-2018 12:08) Posted: Previous EW w5 360 wa wb wc ended. wave a 360 to 317 wave b 317 to 341 wave c 341 to 300 ended. New uptrend EW EW 300 w1 313 w2 305 w3? w4? w5? wa? wb? wc? w1 delta 13 w2 delta 8, drop 61% of w1 w3 delta 21, tgt 326 (161.8% of w1) - now on w3 w4 delta 8, tgt 318 (38.2% of w3) w5 delta 13, tgt 331 (up 100% of w1) EW break if px touch 300

 

Previous EW w5 360 wa wb wc ended.
wave a 360 to 317
wave b 317 to 341
wave c 341 to 300 ended.

New uptrend EW
EW 300 w1 313 w2 305 w3? w4? w5? wa? wb? wc?
w1 delta 13
w2 delta 8, drop 61% of w1
w3 delta 21, tgt 326 (161.8% of w1)
- now on w3
w4 delta 8, tgt 318 (38.2% of w3)
w5 delta 13, tgt 331 (up 100% of w1)

EW break if px touch 300

 

Sembcorp Ind stock might be on its way up and recovering...keeping a close watch

 

LOL. Agree. 

KAMAL0883      ( Date: 23-Feb-2018 14:13) Posted: the richs very cunning and calculative, no way can queez their money... only they can take advantage on you but not the other way round ... wait and see if SCI pour money there sure get hit blue black in future beginners      ( Date: 23-Feb-2018 12:36) Posted: Haha, in fact it?s not easy to work with there. Very good in talking but can not deliver result. Every time roti prata here and there

 

ipo news does not stimulate any more. still dropping.

 

Mumbai: Sembcorp Energy India Ltd, the Indian arm of Singapore-based utility group Sembcorp Industries Ltd, on Friday filed the draft red-herring prospectus (DRHP) for its initial public offering (IPO).

The share sale will comprise a fresh issue worth Rs4,095 crore, while the promoters Sembcorp Utilities Pte. Ltd and Gayatri Energy Ventures Pvt. Ltd will offload 146.77 million shares in an offer for sale, according to the share sale document.

On 18 January, Mint reported that Sembcorp Industries is gearing up to file for an IPO of its Indian arm which could see the company raise around $500-600 million.

Out of the total proceeds from the sale of new shares, Rs3,159 crore will be utilized to repay debt availed by the company, while the remaining will be used for general corporate purposes.

Sembcorp Energy India operates thermal and renewable power assets in India and is a subsidiary of Sembcorp Industries, which is listed on the Singapore exchange.

 

Sembcorp Industries made its first power sector investment in India in 2010 when it acquired a stake in Gayatri Energy Ventures&rsquo s Thermal Powertech Corp. India, a thermal power plant.

In 2015, Sembcorp Industries acquired a 60% stake in IDFC Alternatives Ltd-backed renewable energy firm Green Infra Ltd for Singapore $227 million.

In September last year, Sembcorp Industries announced the acquisition of IDFC&rsquo s remaining 28% stake in Sembcorp Green Infra for Rs1,410 crore (around Singapore $301 million) to become its sole owner.

As of 31 December 2017, Sembcorp Energy India had a total power generation capacity of approximately 4.07 gigawatt (GW) comprising approximately 3.57GW of operating generation capacity and 0.50GW of generating capacity under construction.

According to the DRHP, in fiscal 2017, the company reported a revenue of Rs3,418.49 crore, up 41% compared to the previous year. It reported a loss of Rs43.54 crore in 2016-17 against a loss of Rs119.74 a year ago.

 

Sembcorp Energy India has hired Axis Capital Ltd, Credit Suisse Securities (India) Pvt. Ltd, CLSA India Pvt. Ltd and SBI Capital Markets Ltd to manage the share sale.

dingbat      ( Date: 26-Feb-2018 09:07) Posted: SINGAPORE:  Sembcorp Industries said on Friday (Feb 23) it expects to raise about S$500 million from the sale of some utilities assets and plans to list its Indian energy business, as it reported a plunge in quarterly profit. The industrial conglomerate, which has been conducting a strategic review of its business, said it has begun the process for an initial public offering (IPO) of the Indian unit, Sembcorp Energy India Ltd. It expected the divestments to provide cash proceeds of up to S$500 million,  not including the potential proceeds from the proposed India IPO. Sembcorp has filed a draft preliminary prospectus for the listing on BSE Ltd and the National Stock Exchange of India. The company, the biggest shareholder in rig-builder Sembcorp Marine, reported a net profit of S$22.8 million for the fourth quarter, a drop of 85 per cent from the same period a year ago. Sembcorp Marine turned in poorer-than-expected results earlier this week, sending its stock down 11 per cent on Thursday. Still, its shares have risen more than 26 per cent this year.   Advertisement   Sembcorp Industries' review of its businesses, which began last year, had prompted market talk of a potential privatisation or divestment of Sembcorp Marine, according to analysts. Mr Neil McGregor, Sembcorp Industries' CEO, said the company was confident that Sembcorp Marine was well-positioned to benefit from offshore and marine industry' s recovery, said. " We will continue to support the business through the cycle," he said. Read more at https://www.channelnewsasia.com/news/business/sembcorp-industries-to-raise-s-500-million-from-asset-sales-9983656