
GUSTO CJ70-150-MD LOOKS LIKE THIS.
2 JACKUP WORTH US$1.3B (+ 1 option to be announced in July 2011).

no harm, type $11.10 (looks support, got contract)  and press ok for the rest of the day. if really like this corp.
bot below $10.00 would be a buy and hold then.


Or, at 3 days average price minus 4 bids down, can use chart(50% fibos)  to aid  

* 0ne bid equivalent to $0.02
cheap can derive into cheaper, same go to buy can become hold... but the real skills + knowledge + insight + beating the system = test your experience.

I would say the news which turn  nothing new after today is timely.
sinetic8 ( Date: 15-Feb-2011 19:19) Posted:
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Is it good to enter again? I think most sg blue chips seem cheap to me and STI falls too much, just waiting for it to bounce back to be in the same level as her neighbouring exchanges.
And also, I dont deny I gian the CD and bonus share. 

Keppel FELS Limited (Keppel FELS) has been awarded contracts from Maersk Drilling Holdings Singapore, a wholly owned subsidiary of A.P. Moller -- Maersk A/S (Maersk), to build two Gusto MSC CJ70 harsh environment jackup rigs worth close to US$1 billion ($1.28 billion).
The first rig is scheduled for delivery near end-2013, with the second rig following seven months later. As part of the agreement, Maersk has the option to build an additional jackup unit with Keppel FELS.
The CJ70 rigs are built to operate in harsh environment of the North Sea at water depths up to 150 metres. The high capacity features include offline pipe handling and simultaneous operations as well as an enlarged cantilever reach, which will significantly increase the drilling efficiency compared to conventional units. The enhanced design also includes multi-machine control on the drill floor, which will allow for a degree of automation to ensure a safe operation and consistent performance. A total of 150 people can be accommodated on board in single cabins.
The above contracts are not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corporation for the current financial year.
oic....
how bullish it is going to be ....... 11.50 ?
krisluke ( Date: 14-Feb-2011 14:54) Posted:
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one sure thing is keppel corp is conglomerate, business not involve only in marine, got property and tele communication  as well. Singapore  temasek bullish  with brazil outlook, so got BBs support.
why  not bullish with comlobia

epliew ( Date: 14-Feb-2011 13:57) Posted:
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EAS seals Petrobras rig deal
Brazil's state-run oil company Petrobras said today that local shipyard Estaleiro Atlantico Sul (EAS) had won the tender to build seven drilling rigs in Brazil.
News wires   11 February 2011 15:03 GMT
 
The contract is worth $4.64 billion, which corresponds to a reduction of $13 million with respect to EAS' original offer, said Petrobras in a statement.
The total value puts each unit price at around $662.4 million.
EAS is a consortium formed by South Korea's Samsung Heavy Industries and local construction giants Queiroz Galvao and Camargo Correa.
The first rig is scheduled to enter operations in 2015, said Petrobras.
Companies that also presented bids included Brazilian consortium Alusa Galvao and overseas giants such as Singapore's Sembcorp Marine and Keppel Corp.
Petrobras plans to commission a total of up to 28 new drilling rigs to be built in Brazil to explore oil reserves in deep waters, including the pre-salts.
According to initial plans, the rigs were expected to be delivered between 2013 and 2018.
Published:  11 February 2011 15:03 GMT   |  Last updated:  11 February 2011 16:18 GMT
tea444u ( Date: 12-Feb-2011 23:26) Posted:
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krisluke ( Date: 14-Feb-2011 12:03) Posted:
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Keppel charts Brazil course
Upstream staff
Singapore's Keppel Offshore & Marine is hoping to capture a larger slice of the action in Brazil after signing a deal with TWB Group to acquire the Estaleiro TWB shipyard in Navegantes, Santa Catarina.
 
In a statement, Keppel said the 7.6 hectare shipyard will be operated by its specialised shipbuilding arm, Keppel Singmarine.
The yard has a 300-metre long waterfront and is equipped with a slipway, pipe and hull shops and an outfitting quay.
Keppel’s total investment in the yard, including further capital expenditure to upgrade and modernise the facility, will be in the region of about $50 million.
Chow Yew Yuen, president (the Americas) of Keppel O& M, said: “Our latest acquisition reinforces Keppel O& M’s Near Market, Near Customer strategy, and complements our BrasFELS yard in Angra dos Reis in offering a slew of comprehensive solutions for Brazil’s offshore oil and gas sector.
“Petrobras has announced plans to charter some 147 locally-built offshore support vessels over the next five years, with at least 70% of the work on each newbuild to be carried out within the country.
" Through this new facility, we will bring our specialised shipbuilding expertise to the doorsteps of Brazil’s offshore field development market to help satisfy the demand for robust support vessels.”
To be named Keppel Singmarine Brasil, the new yard will focus on the construction of anchor handling tug supply vessels, platform supply vessels, oil recovery support vessels and harbour tugs, among others.
It will also be equipped to undertake the fabrication of offshore modules, which will be an added advantage for Keppel to support the execution of major projects at the BrasFELS yard.
The modernisation programme planned for Keppel Singmarine Brasil will include upgrading the existing slipway, as well as constructing a new slipway, a wharf, heavy lift gantry cranes and pipe and hull shops fitted with modern machinery and equipment.
Keppel’s new yard is expected to be operational by the second half of this year. At full capacity, it is estimated to be able to complete an average of eight vessels a year.
Keppel said the deal is subject to the fulfillment of conditions by TWB Group.
11:08 GMT 14. April 2010   |  last updated: 19:28 GMT 14. April 2010
Jackpot2010 ( Date: 14-Feb-2011 12:06) Posted:
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DBSV (14 Feb)
Keppel Corp’s Brazilian yard, Keppel FELS Brasil, has secured two contracts worth R$500m (approx S$381.4m). Work on these two projects is expected to commence in 1Q11. In just the first 2 months of the year, KEP has already secured order wins of c. S$2.0bn, making up 44% of our FY11 ex-Petrobras order wins assumption of S$4.5bn. On the back of such strong order flows YTD, there may yet be upside to our order wins assumption. In the meantime, we maintain our numbers, TP of S$13.55 and BUY recommendation.
$11.40 old resistance price. can consider to sell if dun wish to hold longer...
epliew ( Date: 14-Feb-2011 10:18) Posted:
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Warrant of the day: Keppel Corp Call (M9EW)
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  // check warrants for counters sentiment // |
sinetic8 ( Date: 14-Feb-2011 09:52) Posted:
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09:48:10 | 11.360 | 100,000 | Buy Up |
Krisluke, after posting your message, did you go buy up 100 lots? he he

krisluke ( Date: 14-Feb-2011 09:45) Posted:
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Keppel Corp: may see interest today, on yet another new order win.
Co announces $381m order to fabricate and integrate FPSO modules in Brazil for 2 customers, Single Buoy Moorings (SBM) and MODEC and Tokyo Offshore Pdtn Systems (MTOPS). Ytd, KEP has achieved S$1.9b worth of orders, making up ~37% of the Street’s 2011E order forecast of ~S$5.1b, underscoring the strengthening of new order momentum for KEP…
Also, mkt may be encouraged by progress from Petrobras on its giant rig tender. With the award of the first 7 drillship order within Phase 2 of the giant rig tender to local Brazil yard EAS at US$662m/ vessel (slight discount to the US$664m bid submitted), Petrobras should begin negotiations with the remaining bidders (for up to another 3 sets of 7 drillships), starting with the 2nd lowest bidder Alusa, and then to 3rd lowest bidder KEP and finally SMM…
Brazilian offshore driller Queiroz Galvao was also reported to be in negotiations with KEP for 2 semi-sub orders (potentially worth ~S$1.7bn) for Phase 3 of Petrobras’ tender, which should be positive for KEP as it alleviates investor concerns that Phase 3 may be aborted.
Goldman maintains at Buy with $13.50 target, sees recent share price pullback on the back of general mkt weakness, as an attractive entry level for the stock.
hlfoo2010 ( Date: 12-Feb-2011 13:17) Posted:
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