Keppel Corp 02 (Jan 15 to Dec 25)

[behappyalways]

Keppel Shipyard bags $932.9m ship conversion contract
http://sbr.com.sg/energy-offshore/news/ ... n-contract

[behappyalways]

Keppel at risk of another sell-off as oil crashes to 14-year low
http://sbr.com.sg/energy-offshore/news/ ... 4-year-low

[helios]

Is it time to buy?

EYEING !

[helios]

Bought @ 6.3. This shall be one-time purchase intend to trade it off upon window-dressing /January effect + dividends announcement.

First time, first SG trade after a long 7 years

[behappyalways]

According to Maybank Kim Eng, the cancellation of almost all rig contracts is now a possibility and is no longer a far-fetched scenario.

Singapore rig builders in dire straits as Sete Brasil mulls bankruptcy filing
http://sbr.com.sg/energy-offshore/news/ ... tcy-filing

[behappyalways]

Sete Brasil is not the only thing Keppel needs to worry about, say analysts
http://sbr.com.sg/energy-offshore/news/ ... y-analysts

[behappyalways]

Keppel axes over 6,000 O&M workers as contracts dry up
http://sbr.com.sg/energy-offshore/news/ ... tracts-dry

[behappyalways]

If Keppel is so profitable, then why does it need to restructure?
http://sbr.com.sg/energy-offshore/news/ ... estructure

[behappyalways]

(A good read from last week The Edge. He is predicting a crash in the next 12 to 24mths which I subscribe to)

Tan Teng Boo: "I won't touch Keppel, SembCorp...but want to buy China New Town"
http://nextinsight.net/index.php/story- ... a-new-town

[behappyalways]

A report by Maybank Kim Eng said that Transocean’s decision simply means that it does not need any new rigs until 2020, which implies that a meaningful near-term recovery is nowhere in sight for the shipbuilders. “Given that jackup rigs need two years to construct, this may imply that the rigbuilding industry may not see a meaningful recovery in rig orders until 2018. In a way, a deferment for an extended period is not much different from cancelling the contract and making a fresh order again much later,” Maybank Kim Eng said.

Transocean’s rig deferment spells deeper trouble for Singapore shipbuilders
http://sbr.com.sg/energy-offshore/news/ ... ipbuilders