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keppel Corp
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daphnecsf
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15-Jan-2010 12:01
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MAINTAIN BUY; Our revised price target is $10.20 : ) Keppel announced US$53 million in new infrastructure contracts, with the infrastructure/environmental engineering division a key growth segment in our view, with $2.3 billion in orders to date. Keppel is set to announce FY2009 results on Jan 26. With the SPC divestment, we think a special dividend or capital reduction could be in the offing. We estimate a final ordinary dividend of 25 cents, which together with a 15 cents interim works out to 40 cents (FY09F). Nomura Research 11 Jan'2010 |
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tradersgx
Veteran |
15-Jan-2010 00:50
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Announcement No. 00087: http://info.sgx.com/webcorannc.nsf/vwprint_portal/9A793EAFE9713124482576AB00245019?OpenDocument Announcement No. 00086: http://info.sgx.com/webcorannc.nsf/vwprint_portal/D1ADCAD3F34E28E4482576AB0023E5BB?OpenDocument | ||||
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tradersgx
Veteran |
15-Jan-2010 00:30
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Announcement No. 00087 NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST * Date & Time of Broadcast : 14-Jan-2010 17:32:22 1. Date of change of Interest : 14-01-2010 2. Name of Registered Holder : Teo Soon Hoe 3. Circumstance(s) giving rise to the interest or change in interest : # Others # Please specify details : Exercise of Keppel Corporation Limited Share Options 4. Information relating to shares held in the name of the Registered Holder No. of Shares held before the change : 3,858,332 As a percentage of issued share capital : 0.24 % No. of Shares which are subject of this notice : 230,000 As a percentage of issued share capital : 0.01 % Amount of consideration (excluding brokerage and stamp duties) per share paid or received : 3.24 No. of Shares held after the change : 4,088,332 As a percentage of issued share capital : 0.26 % -------------------------------------------------------------------------------------- Announcement No. 00086 NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST * Date & Time of Broadcast : 14-Jan-2010 17:30:47 1. Date of change of Interest : 14-01-2010 2. Name of Registered Holder : Teo Soon Hoe 3. Circumstance(s) giving rise to the interest or change in interest : # Others # Please specify details : Exercise of Keppel Corporation Limited Share Options 4. Information relating to shares held in the name of the Registered Holder No. of Shares held before the change : 3,628,332 As a percentage of issued share capital : 0.23 % No. of Shares which are subject of this notice : 230,000 As a percentage of issued share capital : 0.01 % Amount of consideration (excluding brokerage and stamp duties) per share paid or received : 3.01 No. of Shares held after the change : 3,858,332 As a percentage of issued share capital : 0.24 % | ||||
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tradersgx
Veteran |
14-Jan-2010 10:40
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(OCBC 13 January 2010) Keppel Corporation; Developing its other business drivers Our SOTP value rises in tandem to S$9.93 (prev.S$9.70) Infrastructure contracts underscore ambitions. The group recently announced two contracts worth a total of US$53m (about S$74.2m) to supply waste-to-energy (WTE) solutions in China. Though the contracts are relatively small, we view the continued clinching of WTE projects from China as an affirmation of the group's ability to remain as a major player in the imported WTE solutions market in China (currently has 60% market share), or even grow its infrastructure business in markets such as Europe and the Middle East. Higher fair value estimate for KepLand. Keppel has also been developing its property arm. Our property analyst has increased Keppel Land's fair value estimate to S$3.86 with the acquisition of two township projects in Shenyang, China and Ho Chi Minh City, as well as the increase in K-REIT's share price. Our SOTP value rises in tandem to S$9.93 (prev. S$9.70), as we update the market prices for Keppel's business entities. Maintain BUY. |
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tradersgx
Veteran |
14-Jan-2010 10:38
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(OCBC 13 January 2010) Keppel Corporation; Developing its other business drivers Our SOTP value rises in tandem to S$9.93 (prev.S$9.70) Infrastructure contracts underscore ambitions. The group recently announced two contracts worth a total of US$53m (about S$74.2m) to supply waste-to-energy (WTE) solutions in China. Though the contracts are relatively small, we view the continued clinching of WTE projects from China as an affirmation of the group's ability to remain as a major player in the imported WTE solutions market in China (currently has 60% market share), or even grow its infrastructure business in markets such as Europe and the Middle East. Higher fair value estimate for KepLand. Keppel has also been developing its property arm. Our property analyst has increased Keppel Land's fair value estimate to S$3.86 with the acquisition of two township projects in Shenyang, China and Ho Chi Minh City, as well as the increase in K-REIT's share price. Our SOTP value rises in tandem to S$9.93 (prev. S$9.70), as we update the market prices for Keppel's business entities. Maintain BUY. | ||||
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tradersgx
Veteran |
14-Jan-2010 10:34
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(OCBC 13 January 2010) Keppel Corporation; Developing its other business drivers Our SOTP value rises in tandem to S$9.93 (prev.S$9.70) Infrastructure contracts underscore ambitions. The group recently announced two contracts worth a total of US$53m (about S$74.2m) to supply waste-to-energy (WTE) solutions in China. Though the contracts are relatively small, we view the continued clinching of WTE projects from China as an affirmation of the group's ability to remain as a major player in the imported WTE solutions market in China (currently has 60% market share), or even grow its infrastructure business in markets such as Europe and the Middle East. Higher fair value estimate for KepLand. Keppel has also been developing its property arm. Our property analyst has increased Keppel Land's fair value estimate to S$3.86 with the acquisition of two township projects in Shenyang, China and Ho Chi Minh City, as well as the increase in K-REIT's share price. Our SOTP value rises in tandem to S$9.93 (prev. S$9.70), as we update the market prices for Keppel's business entities. Maintain BUY. (OCBC 4 December 2009) Keppel Corporation; Brighter outlook. Upgrade to BUY. Fair value S$9.70 Upgrade to BUY. Reflecting the higher pace of new orders and bright sector outlook, we anticipate new order wins of S$3.8b and S$4.0b for its core offshore marine segment in FY10 and FY11 respectively. We have raised our earnings estimates as well. Our recent upgrade of Keppel Land has also bumped up our fair value estimate to S$9.70 (based on SOTP valuation). Finally, Keppel has also mentioned that it may unlock the value of some of its infrastructure assets through a listed business trust, given suitable market conditions. With all the above reasons, we upgrade the stock to a BUY. | ||||
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senecus
Veteran |
13-Jan-2010 22:31
Yells: "Market Fortune Telling - Senior MFT" |
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Volatile...if the price is to fall again to touch 8.25...I will buy some more as I see this market retracement as a technical correction. It is a bull market afterall. |
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tradersgx
Veteran |
13-Jan-2010 14:31
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11Jan'10 closed $8.71 (successful break above $8.61) 08Jan'10 closed $8.65 (successful break above $8.61) 07Jan'10 closed $8.69 (successful break above $8.61) By The Edge Monday, 11 January 2010 Keppel Corp ($8.65) — Poised for breakout Prices have been entrenched within a sideways range since July last year, making January the sixth month within the consolidation range. Last week, however, prices attempted to break above the thrice-tested $8.61 level. The 50- and 100-day moving averages could start to draw apart after drawing together, a positive sign. Volume has increased significantly on a white-candle day. Quarterly momentum is turning up and breaking out of an eight-month downtrend. A successful break above $8.61 indicates a target of $9.61. A break below $8.61 would negate the target. |
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senecus
Veteran |
11-Jan-2010 09:39
Yells: "Market Fortune Telling - Senior MFT" |
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The upside potential is higher than the downside...one of the laggards which has yet to run.
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ozone2002
Supreme |
09-Jan-2010 09:56
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perfect opportunity to buy on dip on fri.. i'm holding on to this baby.. |
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daphnecsf
Senior |
08-Jan-2010 23:45
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Today vested some more @ 8.60! Should see more upside next week : ) Channel NewsAsia's Hong Kong Bureau Chief Roland Lim | Posted: 08 January 2010 2059 hrs Singapore News Keppel secures US$53m contracts for waste management in China SHENZHEN: Singapore's Keppel Corporation unit - Keppel Integrated Engineering - has sealed the deal on two contracts to supply waste-management solutions worth US$53 million in China. It will help Shenzhen Energy to build China's biggest incineration plant by 2011. It has also signed a Memorandum of Understanding (MOU) with Shenzhen Energy to explore new areas like water treatment. Waste management is becoming big business in China. According to British research unit, New Energy Finance, China currently incinerates only about 2 per cent of its municipal waste or rubbish. But the government is targeting to raise that up to 30 per cent by 2030, and that will involve a commitment to spend at least US$6.3 billion. Under the deals signed on Friday, Keppel will help Shenzhen Energy expand its existing waste-to-energy plant, which was built ten years ago. By next year, the facility is expected to be able to treat 4,200 tonnes of solid waste per day, or 2.5 times more than current levels. http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1029424/1/.html |
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tradersgx
Veteran |
08-Jan-2010 17:33
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Keppel secured 2 technology contracts (approximately S$74.2 million) in China ! PRESS RELEASE Keppel’s technology for largest waste-to-energy plant in China Latest two technology contracts reaffirm company’s market leadership SINGAPORE/SHENZHEN, 08 January 2010 – Keppel Seghers Belgium N.V. (Keppel Seghers), the environmental engineering arm of Keppel Integrated Engineering (KIE), has secured two contracts to supply waste-to-energy (WTE) solutions, totalling US$53 million (approximately S$74.2 million), in China. http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2463E98C3DD6E4A8482576A500314AF2/$file/Shenzhen.contract2010.pdf?openelement |
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daphnecsf
Senior |
08-Jan-2010 00:11
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Curr.Price $8.69 x 0.75yr / EPS $0.842 = PE 7.74 Keppel Corporation Limited : 9 months ended 30 September' Revenue $'000 $9,217,886 Profit for the period $'000 $1,499,889 Earnings per ordinary share (After exceptional items) - basic 84.4 cents - diluted 84.2 cents VS Curr.Price $11.56 x 0.75yr / EPS $0.437 = PE 19.84 CITY DEVELOPMENTS LIMITED : 9 months ended 30 September Revenue $'000 $2,350,402 Profit for the period $'000 $469,548 Earnings per ordinary share - basic 45.1 cents - diluted 43.7 cents |
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williamyeo
Senior |
07-Jan-2010 23:29
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Agree with your view.
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senecus
Veteran |
07-Jan-2010 22:34
Yells: "Market Fortune Telling - Senior MFT" |
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Good stock to hold for long. City Dev has already break 10...see no reason why it will stay below 10. | ||||
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daphnecsf
Senior |
07-Jan-2010 14:32
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Currently, Keppel's Bollinger Bands are begin to widen, upside volatility movement is forming! :) | ||||
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alexmay
Veteran |
07-Jan-2010 11:29
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Result ann. on 26Jan | ||||
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williamyeo
Senior |
07-Jan-2010 11:27
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8.73 now and towards 9.00 when the result is announcement. | ||||
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ozone2002
Supreme |
07-Jan-2010 11:19
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yo alex u also same same with me.. u sold ur SIA? hit ur TP $15 |
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alexmay
Veteran |
07-Jan-2010 11:13
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Breaking recent high of $8.70 must have some good news like giving special divy. Vested | ||||
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