Keppel    Last:7.71    +0.11

keppel Corp

what should be the adviceable range to go in??  3.9-4??

 

5% dividend is damn tempting..

this company is cash rich baby!

buy for long term..stop whining..

 

holding steady @ $4...

patience is the key to good bargains..

convincingly drop below $4 then i show hand into kepcorp..

 

i see. thanks for sharing

 

Hi sarius

Sorri, too involved with the q figures and posted that remark.  Yes, broking comps can charge for such service, "market depth".  Understand diff comps have diff policies (e.g pay per month/every 3 months/utilise points, etc).  Call and shop around.  

sarius      ( Date: 30-Jan-2009 13:40) Posted: Hi. A newbie here so pls be patient May I know how do you see the buy and sell queues? Is it a paid service? Thanks in adavance! OneSharer      ( Date: 30-Jan-2009 10:33) Posted: Look at the b queue!

 

$4.00 was a big barrier. Dividend is saving Kepcorp.

 

for long term, look at FA.. FA of this co. is sound, good management and being mkt leader, will weather the crisis..

 

in long run, holding current price wont be much of a risk. my thoughts only

 

Hi. A newbie here so pls be patient

May I know how do you see the buy and sell queues?

Is it a paid service?

Thanks in adavance!

OneSharer      ( Date: 30-Jan-2009 10:33) Posted: Look at the b queue!

 

agree..thinking to buy this for a long term investment..

 

Yeah, $4 is a good price if thinking long term. Order book if full until 2012. So dividend should still be pretty decent. And by that time, (hopefully), the recession will be gone, China and India booming again and increasing the demand for oil.

 

not the time to go in yet?? $4 now and is going down....

 

Look at the b queue! 

 

still not a right time to have it,,,,,,,,,,,,,,,,,,,,

 

bad news driving it down..

<$4 is a bargain for LONG TERM!..

 

 

Some people are driving down Kepcorp to collect them for the dividends?

 

Keppel unit's US$780m deal to build four rigs at stake US client suspending work on one rig, negotiating payment terms on all four By VINCENT WEE KEPPEL Corp's US unit Keppel AmFels' US$780 million deal to build four jackup rigs for US contract drilling services provider Rowan Companies may be at stake as the company announced in a filing with the US Securities and Exchange Commission that it is suspending construction work on one rig and negotiating payment terms on all four. The company said customers have been asking to delay or terminate their obligations to purchase equipment under construction, notwithstanding firm contractual commitments. 'Keppel AmFels has no obligation to revise its contractual terms on the orders from Rowan and will only accede to requests that do not adversely impact its financial position,' said a Keppel spokesman yesterday. The contract, signed in November 2007, valued each of the rigs at US$195 million and includes the cost of equipment which will be provided by the owner. Offshore and marine industry website Energy Current reported that of the four Super 116E class jackups being built by Keppel AmFels, construction of the first three of the series is underway with deliveries expected in 2010. The fate of the fourth rig, however, depends on market conditions and negotiations with the builder, Rowan's director of investor relations Suzanne McLeod was quoted as saying. Furthermore the website said that none of the Rowan rigs on order or under construction has been contracted so far. Rowan is a new customer for Keppel AmFels and may have made the decision to use Keppel AmFels, in addition to building at its own yard, to quickly ramp up capacity in anticipation of the oil boom. Deliveries of the four jackups were scheduled to be made progressively from the second quarter of 2010 until 2011. 'The construction contracts with Keppel AmFels afforded us the opportunity to accelerate the expansion of our offshore drilling business by partnering with a first-class organisation and shipyard,' said Rowan chairman and chief executive Danny McNease at the time. It appears the company is trying its luck to buy itself more time. 'We think Keppel may want to carefully consider whether it should allow further adjustments to contract terms, as the risk is that these may set a precedent for other customers to follow,' said a recent Deutsche Bank report. Keppel Fels earlier this month agreed to revised payment terms on a jackup building contract with Seadrill. Keppel shares closed eight cents lower at $4.10 yesterday.

 

below $4!!..yeah..still have 21c div..

don't chase :) be patient..

kep corp got some bad news abt their rigs again..

 

 

Thanks...AK

AK_Francis      ( Date: 28-Jan-2009 03:41) Posted: Smart guy!! winsontkl      ( Date: 25-Jan-2009 12:35) Posted: Dividend still very attractive .... almost 5%, will revisit this end of Mar 2009....

 

Current Net Asset Value of KC's share is only $2.90 based on their 2008 annual report. I will only pay $2.90 at most for KC's share. Anything higher than that have to buy on careful consideration.

 

XD still v far wor... can revisit again later in mar-apr