OCBC: POTENTIAL PRIVATISATION OR DIVESTMENT OF SEMBCORP MARINE MIGHT BE IMMINENT


SEMBCORP MARINE STOCK
Dear readers, Sembcorp Marine stock has been soaring in its share price for the recent trading sessions. The two main drivers for this are related to some news in relation to an IPO by Sembcorp Industries as well as speculation that Sembcorp Marine stock will be privatized soon. I think I might be one of the investors who have already thought that Sembcorp Marine will be eventually privatized ever since Sembcorp Industries announced its strategic review as shared in my post here .
Yesterday, there was a report on TheEdge Singapore website where OCBC gave its take that it is indeed possible that Sembcorp Marine may be privatized or divested soon with a target price of $2.76; you can read the report here .

Personally, as shared with readers many times, I believe a possible privatization or divestment Sembcorp Marine will be good if it indeed helps to consolidate the offshore marine and energy sector here and helps Singapore better on the economical front. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

Popular posts from this blog

HOW SHOULD ONE PLAN FOR RETIREMENT?

A RECAP OF THE MAJOR US STOCK MARKET CORRECTIONS!

HOW TO USE VISUALISATION TO CREATE MORE WEALTH?

HOW TO MAKE THE BEST FROM WORK-FROM-HOME ?

STAYING MOTIVATED AT WORK: IMPORTANCE AND WHY?

LET’S US ALL DO OUR LITTLE PART TO CONTRIBUTE TO CHARITY TODAY!

HOW TO "SUBTRACT" AT WORK FOR BETTER PRODUCTIVITY AND OUTCOMES?

HOW TO SAVE MONIES ON HOT SINGAPORE DAYS?

Maximizing Your Net Income: A Financial Guide for Success in 2024

HOW TO MAKE TIME FOR MORE WEALTH IN 2024?