Keppel    Last:10.55    +0.04

KEPPEL CORPORATION YEAR 2020 ONWARD + UPGRADES

HUAT !!

SmallSmall      ( Date: 09-Oct-2020 13:17) Posted: Keppel secures contract worth about S$600m in the offshore renewable energy industry Singapore, 9 October 2020 ? Keppel Offshore & Marine Ltd (Keppel O&M) has secured a contract valued at approximately S$600m from an energy company for the engineering, procurement and construction of a vessel for the offshore renewable energy industry. This is in line with Keppel Corporation?s Vision 2030, which includes seeking opportunities in providing renewable energy solutions. Keppel O&M is able to provide a variety of design and construction solutions for the offshore renewable energy industry. It is currently building converter stations and substations to support the offshore wind energy industry in the German sector of the North Sea and in Taiwan. It delivered and has a stake in Blue Tern, one of the world?s largest and most advanced multipurpose offshore wind turbine installers for the UK North Sea. The above contract is on progressive payment terms and is not expected to have any material impact on the net tangible assets and earnings per share of Keppel Corporation Limited for the current financial year. -END- About Keppel Offshore & Marine Keppel Offshore & Marine (Keppel O&M) is a world leader in providing total solutions to the offshore, marine and energy industries. Bolstered by a global network of yards and offices, it has extensive know-how across a wide range of capabilities ? design & engineering, new builds, conversions & repairs, and support services. A pioneer in offshore solutions, Keppel O&M has a strong track record in designing and building high-performance offshore drilling rigs, production platforms and specialised ships. It is a trusted partner in the conversion, repair and modification of diverse and complex rigs and vessels, and is also a developer of integrated solutions for the offshore renewable and infrastructure industries. For more information, visit www.keppelom.com. For more information, please contact: Media Roy Tan Senior Manager Group Corporate Communications Keppel Corporation Limited Tel: (65) 6413 6421 Email: [email protected] Investor Relations Ivana Chua Deputy General Manager Group Corporate Communications Keppel Corporation Limited Tel: (65) 6413 6436 Email: [email protected]

 

slowly covering up gap at 5.23

 

Keppel secures contract worth about S$600m in the offshore renewable energy industry
Singapore, 9 October 2020 ? Keppel Offshore & Marine Ltd (Keppel O&M) has secured a contract valued at approximately S$600m from an energy company for the engineering, procurement and construction of a vessel for the offshore renewable energy industry. This is in line with Keppel Corporation?s Vision 2030, which includes seeking opportunities in providing renewable energy solutions.
Keppel O&M is able to provide a variety of design and construction solutions for the offshore renewable energy industry. It is currently building converter stations and substations to support the offshore wind energy industry in the German sector of the North Sea and in Taiwan. It delivered and has a stake in Blue Tern, one of the world?s largest and most advanced multipurpose offshore wind turbine installers for the UK North Sea.
The above contract is on progressive payment terms and is not expected to have any material impact on the net tangible assets and earnings per share of Keppel Corporation Limited for the current financial year.
-END-
About Keppel Offshore & Marine
Keppel Offshore & Marine (Keppel O&M) is a world leader in providing total solutions to the offshore, marine and energy industries. Bolstered by a global network of yards and offices, it has extensive know-how across a wide range of capabilities ? design & engineering, new builds, conversions & repairs, and support services.
A pioneer in offshore solutions, Keppel O&M has a strong track record in designing and building high-performance offshore drilling rigs, production platforms and specialised ships. It is a trusted partner in the conversion, repair and modification of diverse and complex rigs and vessels, and is also a developer of integrated solutions for the offshore renewable and infrastructure industries.
For more information, visit www.keppelom.com.
For more information, please contact:
Media
Roy Tan
Senior Manager
Group Corporate Communications Keppel Corporation Limited
Tel: (65) 6413 6421
Email: [email protected]
Investor Relations
Ivana Chua
Deputy General Manager
Group Corporate Communications Keppel Corporation Limited
Tel: (65) 6413 6436
Email: [email protected]

 

MASSIVE $4.50 BREAKOUT

 

Ever wondered why the impairment charges was reflected and Temasek, walk away from the offer? These impairment is not new. Can it be Kep do not want T to hold majority share? or the offer was too cheap, or Kep has other plans for the off shore marine, think out loud

 

Good news. Very undervalued.

 

Watch out for 🐧

 

ENERGY

 

ENGINE STARTING ???!!

 

GREAT POWER COMES WITH GREAT RESPONSIBILITIES

simpleguy123      ( Date: 09-Oct-2020 07:21) Posted: Now i fully comprehend the saying: "With great distress comes great opportunities..." 😂 😉 One man's poison is another man's blessing hahaha danger      ( Date: 09-Oct-2020 06:38) Posted: CRUDE OIL SURGES ANOTHER 3.5% TO $ 41.3

 

Now i fully comprehend the saying: "With great distress comes great opportunities..." 😂 😉 One man's poison is another man's blessing hahaha

danger      ( Date: 09-Oct-2020 06:38) Posted: CRUDE OIL SURGES ANOTHER 3.5% TO $ 41.37 danger      ( Date: 08-Oct-2020 13:32) Posted: Oil prices rise as Hurricane Delta approaches U.S. Gulf of Mexico U.S. West Texas Intermediate crude futures rose 13 cents, or 0.3%, to $40.08 a barrel at 0215 GMT,

 

CRUDE OIL SURGES ANOTHER 3.5% TO $ 41.37

danger      ( Date: 08-Oct-2020 13:32) Posted: Oil prices rise as Hurricane Delta approaches U.S. Gulf of Mexico U.S. West Texas Intermediate crude futures rose 13 cents, or 0.3%, to $40.08 a barrel at 0215 GMT,

 

Resting in the red even after a big surge in US markets yesterday and also US futures green. Maybe need to rest at "Accumulation Hotel" after a one time "purge" from $4.20 to $4.54. When will the next purge come? Hm .... I still hopeful for at least above $4.60 and towards $4.80 in the near future. DYODD.

 

Oil prices rise as Hurricane Delta approaches U.S. Gulf of Mexico

U.S. West Texas Intermediate crude futures rose 13 cents, or 0.3%, to $40.08 a barrel at 0215 GMT,

 

WATZ UP !!!

danger      ( Date: 07-Oct-2020 13:23) Posted: We think this is unwarranted as the O& M order book of S$3.5 billion (at end-Q2 2020) is in progress and should be able to guide the yard into profitability in 2021 danger      ( Date: 07-Oct-2020 13:18) Posted: CGS-CIMB says Keppel ' s trough valuation unwarranted, keeps ' add ' that valuation is even lower than during the past oil crisis (0.82 time P/BV in January 2016) and the global financial crisis (1.33 times P/BV in January 2009). At the current share price, the market is heavily discounting its offshore and marine (O& M) business to zero value, analyst Lim Siew Khee wrote. CGS-CIMB on Tuesday reiterated its ADD call and S$6.46 target price based on sum-of-the-parts valuation

 

SOMETHING IS BREWING ...

A TRADING HALT SOON I HOPE !!!

 

New support will be established soon at $4.50...:)
$4.60 immediate resistance 

 

MASSIVE $4.49 SCOOP UP

 

HOOT !

danger      ( Date: 07-Oct-2020 13:23) Posted: We think this is unwarranted as the O& M order book of S$3.5 billion (at end-Q2 2020) is in progress and should be able to guide the yard into profitability in 2021 danger      ( Date: 07-Oct-2020 13:18) Posted: CGS-CIMB says Keppel ' s trough valuation unwarranted, keeps ' add ' that valuation is even lower than during the past oil crisis (0.82 time P/BV in January 2016) and the global financial crisis (1.33 times P/BV in January 2009). At the current share price, the market is heavily discounting its offshore and marine (O& M) business to zero value, analyst Lim Siew Khee wrote. CGS-CIMB on Tuesday reiterated its ADD call and S$6.46 target price based on sum-of-the-parts valuation

 

THE TECHNICAL INDICATORS AND CHART IS GOING TO SHOW SOME BULL RUSH WITHIN 1 WEEK