MORE THAN SINGAPORE STOCKS, STRAITS TIMES OR SGX NEWS BLOG. SINGAPORE STOCKS INVESTING (“SSI”): SHARING A DEFENSIVELY OPPORTUNISTIC EQUITY-INVESTING MODEL: STABLE STI CORE, MULTI-BAGGED BY SELECTIVE INTERNATIONAL PICKS!

WE HAVE MOVED!

new website:SGSTOCKSINVESTING.COM VISIT US THERE!

Tuesday, January 23, 2018

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.

SSI INVESTMENT STRATEGY: STABLE STI CORE, MULTI-BAGGED BY SELECTIVE INTERNATIONAL PICKS! FIND OUT MORE HERE !



Popular Posts

Blog Archive