Keppel    Last:10.48    +0.02

Keppel Corp

Yes, Keppel is still making decent profits as they have diversified away from O& G some time ago.

The biggest segments are properties and REITs which are relatively defensive in nature.

michaeltan      ( Date: 24-Jul-2020 18:39) Posted: Let' s us review 1Q result.   Keppel reports net profit of S$160m in 1Q 2020 All key business units remain profitable despite COVID-19, many continue to provide essential services during Singapore&rsquo s circuit breaker. Keppel Corporation Limited (Keppel) reported a net profit of S$160 million for the first three months of 2020, 21% below the S$203 million for 1Q 2019, mainly due to an absence of gain from the divestment of a 70% interest in Dong Nai Waterfront City, Vietnam a year ago. Many Keppel business units provide essential services and continue to operate during the circuit breaker in Singapore. The Group achieved revenue of S$1,857 million for 1Q 2020, which was 21% higher than that of 1Q 2019, due mainly to higher revenues from offshore & marine projects, property trading projects in Singapore, the power and gas business, and with the consolidation of M1. Revenue growth for 1Q 2020 was partly offset by lower contributions from property trading projects in China, environmental engineering projects and asset management. TA_Expert      ( Date: 24-Jul-2020 18:27) Posted: Keppel finally sold down. Without that piece of news about Temasek buying up stakes in Keppel, she won' t be trading at this such from the period that the news was out. Many funds do not sell because they were thinking of the premium price that Temasek is going to pay. If Temasek will to abandon the plan, you will expect huge sell off in this counter.

 

If you think highly of Keppel, just buy. Why are you worried about others posting negative comments?

Everybody should do his/her due diligence and not just hearsay from anyone in this forum.

tangoanna      ( Date: 24-Jul-2020 19:54) Posted: --- Post Removed by User ---

 

Take a look at keppel' s chart before the offer.

Peter88      ( Date: 24-Jul-2020 19:57) Posted: What will the realistuc price id TEMASEK call off the deal ? S$5.00 ?

 

What will the realistuc price id TEMASEK call off the deal ? S$5.00 ?

 

Let' s us review 1Q result.
 

Keppel reports net profit of S$160m in 1Q 2020

All key business units remain profitable despite COVID-19, many continue to provide essential services during Singapore&rsquo s circuit breaker.

Keppel Corporation Limited (Keppel) reported a net profit of S$160 million for the first three months of 2020, 21% below the S$203 million for 1Q 2019, mainly due to an absence of gain from the divestment of a 70% interest in Dong Nai Waterfront City, Vietnam a year ago. Many Keppel business units provide essential services and continue to operate during the circuit breaker in Singapore.

The Group achieved revenue of S$1,857 million for 1Q 2020, which was 21% higher than that of 1Q 2019, due mainly to higher revenues from offshore & marine projects, property trading projects in Singapore, the power and gas business, and with the consolidation of M1. Revenue growth for 1Q 2020 was partly offset by lower contributions from property trading projects in China, environmental engineering projects and asset management.

TA_Expert      ( Date: 24-Jul-2020 18:27) Posted: Keppel finally sold down. Without that piece of news about Temasek buying up stakes in Keppel, she won' t be trading at this such from the period that the news was out. Many funds do not sell because they were thinking of the premium price that Temasek is going to pay. If Temasek will to abandon the plan, you will expect huge sell off in this counter.

 

Keppel finally sold down.

Without that piece of news about Temasek buying up stakes in Keppel, she won' t be trading at this such from the period that the news was out.

Many funds do not sell because they were thinking of the premium price that Temasek is going to pay.

If Temasek will to abandon the plan, you will expect huge sell off in this counter.

 

Let we wait for $3.50

FATABA      ( Date: 24-Jul-2020 15:47) Posted: There is more than the point of how much share T is going to pickup . W 51% holding a clear and direct message is T is the major shareholding ....in term of investment n loan .....there are much beneift now.  Even property development from KepLand is now known w Temasek as the major backing .  Dyodd tangoanna      ( Date: 24-Jul-2020 15:44) Posted: How many million shares is that to pick up? Over 500 million

 

There is more than the point of how much share T is going to pickup .
W 51% holding a clear and direct message is T is the major shareholding ....in term of investment n loan .....there are much beneift now. 
Even property development from KepLand is now known w Temasek as the major backing . 
Dyodd

tangoanna      ( Date: 24-Jul-2020 15:44) Posted: How many million shares is that to pick up? Over 500 million! michaeltan      ( Date: 24-Jul-2020 11:38) Posted: I think it should be the best time now for Temasek to pick up from open market instead of paying more than 20% premium. This could be saved up to S$1 billion instead. If Temasek is really looking into restructuring Keppel Crop and Sembcorp Industries & Sembcorp Marine.

 

How many million shares is that to pick up? Over 500 million!

michaeltan      ( Date: 24-Jul-2020 11:38) Posted: I think it should be the best time now for Temasek to pick up from open market instead of paying more than 20% premium. This could be saved up to S$1 billion instead. If Temasek is really looking into restructuring Keppel Crop and Sembcorp Industries & Sembcorp Marine.   FATABA      ( Date: 24-Jul-2020 11:08) Posted: Thanks for summing up the individual parts of KEP Gp ...... Marine and Properties....I have doubt it can do well for Q2 ......shut down period wld means no work in progress for Marine.    Doubt also any possible property sales w NO viewing or minimum.  So I wld guess Q2 result with those porfit for 1/4 pts can more of less cover the lost for marine etc.    Kep result cld be flat ( issue is the dividend payout ...cut / reduce or continue ??? Temasek is always a LONG term investor and wld be totally surpirse if they VIEW only this qtr result alone for any decision on the deal . As such ,  I think ( IMO ) ths deal w bad results expected in coming qtrs are alrdy factor into their plan .    Dyodd ....time will tell.

 

Group net profit for 2016, down 49% from for 2015. This was due largely to lower contributions from the Offshore & Marine (O& M) Division, additional provisions for impairment of $336  million, mainly arising from the rightsizing of Keppel Offshore & Marine and impairments of investments and stocks & work‑ in‑ progress. But this time around what' s the impairment losses???

FATABA      ( Date: 24-Jul-2020 15:06) Posted: Result is nex Thur 30th ....and they choose to warn so early .....hmm must be this that cause the sell down ...wonder how much is this impairment ?  KEPPEL Corporation warned on Friday that it will recognise material impairments in its financial results for the second quarter ended June 30, 2020, pertaining mainly to its offshore and marine (O& M) business. The conglomerate' s financial results for Q2 and the half year ended on the same date will be " significantly and adversely impacted" , according to its profit guidance. Keppel Corp had carried out a review on the  assumptions used to assess the carrying values of certain assets of the group, including the recoverability of contract assets, receivable balances and stocks under work-in-progress in relation to the O& M business, as well as investments in associated companies. Amid the highly volatile environment and low oil prices where oil majors are curtailing exploration and production spending, day rates and utilisation rates for the O& M industry generally, and specifically the group' s O& M business, have been " adversely impacted" .

 

Result is nex Thur 30th ....and they choose to warn so early .....hmm must be this that cause the sell down ...wonder how much is this impairment ? 

KEPPEL Corporation warned on Friday that it will recognise material impairments in its financial results for the second quarter ended June 30, 2020, pertaining mainly to its offshore and marine (O& M) business.

The conglomerate' s financial results for Q2 and the half year ended on the same date will be " significantly and adversely impacted" , according to its profit guidance.

Keppel Corp had carried out a review on the  assumptions used to assess the carrying values of certain assets of the group, including the recoverability of contract assets, receivable balances and stocks under work-in-progress in relation to the O& M business, as well as investments in associated companies.

Amid the highly volatile environment and low oil prices where oil majors are curtailing exploration and production spending, day rates and utilisation rates for the O& M industry generally, and specifically the group' s O& M business, have been " adversely impacted" .

 

Keppel warns material impairments mainly from O& M business to ' significantly' hit Q2, half-year results.

Stocky901      ( Date: 24-Jul-2020 12:26) Posted: What's happening? Never ending impairments. Towards $5.50 before results released next week?

 

What's happening? Never ending impairments. Towards $5.50 before results released next week?

 

Who got insider info? 

 

Good to buy in now due to panic selling...

RyanAB      ( Date: 24-Jul-2020 11:44) Posted: my dream is $50/=. Data centre biz, infrasture biz, provides clean water clean air. :) :) :).....i should be dead and buried by then. friday lunch hours joke joke a bit. cheers ......   limkt009      ( Date: 02-Jul-2019 11:03) Posted: Your dream will come true some day

 

my dream is $50/=. Data centre biz, infrasture biz, provides clean water clean air. :) :) :).....i should be dead and buried by then. friday lunch hours joke joke a bit. cheers ......
 

limkt009      ( Date: 02-Jul-2019 11:03) Posted: Your dream will come true some day. TonyGan      ( Date: 02-Jul-2019 10:46) Posted: I have a dream, a dream deeply rooted in the Singaporen dream - one day this keppel will rise up to $10

 

I think it should be the best time now for Temasek to pick up from open market instead of paying more than 20% premium.
This could be saved up to S$1 billion instead. If Temasek is really looking into restructuring Keppel Crop and Sembcorp Industries & Sembcorp Marine.
 

FATABA      ( Date: 24-Jul-2020 11:08) Posted: Thanks for summing up the individual parts of KEP Gp ...... Marine and Properties....I have doubt it can do well for Q2 ......shut down period wld means no work in progress for Marine.    Doubt also any possible property sales w NO viewing or minimum.  So I wld guess Q2 result with those porfit for 1/4 pts can more of less cover the lost for marine etc.    Kep result cld be flat ( issue is the dividend payout ...cut / reduce or continue ??? Temasek is always a LONG term investor and wld be totally surpirse if they VIEW only this qtr result alone for any decision on the deal . As such ,  I think ( IMO ) ths deal w bad results expected in coming qtrs are alrdy factor into their plan .    Dyodd ....time will tell.  michaeltan      ( Date: 24-Jul-2020 10:39) Posted: Keppel results considered not bad in view of covid19. The profit should be stayed within the Temasek deal.  1. Keppel Reit 1st Half ( Distribute income ) = S$94.8 million  2. Keppel DC Reit 1st Half (DI)    = S$75 million (up 38%) 3. Keppel Pacific Oak US Reit 1st Half (DI) = US$29.1 million (up 17.6%) 4. Keppel Infrustructure 1st Halft (DCF) = S$113.3 million ( up 20%) 5. Kepper Corp - The properties division should be doing well and Marine sectors is not doing well.Overall the profit offset should still remain positive. 6. DYODD

 

LAI LIAO

moron101      ( Date: 13-Jun-2019 20:47) Posted: --- Post Removed by User ---

 

Thanks for summing up the individual parts of KEP Gp ......
Marine and Properties....I have doubt it can do well for Q2 ......shut down period wld means no work in progress for Marine.   
Doubt also any possible property sales w NO viewing or minimum. 
So I wld guess Q2 result with those porfit for 1/4 pts can more of less cover the lost for marine etc.   
Kep result cld be flat ( issue is the dividend payout ...cut / reduce or continue ???

Temasek is always a LONG term investor and wld be totally surpirse if they VIEW only this qtr result alone for any decision on the deal .
As such ,  I think ( IMO ) ths deal w bad results expected in coming qtrs are alrdy factor into their plan .   
Dyodd ....time will tell. 

michaeltan      ( Date: 24-Jul-2020 10:39) Posted: Keppel results considered not bad in view of covid19. The profit should be stayed within the Temasek deal.  1. Keppel Reit 1st Half ( Distribute income ) = S$94.8 million  2. Keppel DC Reit 1st Half (DI)    = S$75 million (up 38%) 3. Keppel Pacific Oak US Reit 1st Half (DI) = US$29.1 million (up 17.6%) 4. Keppel Infrustructure 1st Halft (DCF) = S$113.3 million ( up 20%) 5. Kepper Corp - The properties division should be doing well and Marine sectors is not doing well.Overall the profit offset should still remain positive. 6. DYODD   look@bright      ( Date: 24-Jul-2020 09:24) Posted: So what is the chances of Temasek going ahead with the deal?

 

Dropped so much,

lorann      ( Date: 24-Jul-2020 10:47) Posted: Does not look good.  look@bright      ( Date: 24-Jul-2020 09:24) Posted: So what is the chances of Temasek going ahead with the deal?