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Post by zuolun on May 8, 2015 14:33:38 GMT 7
SembCorp Industries Limited’s latest earnings: What investors should know ~ 8 May 2015 Sembcorp Industries posts 23% drop in Q1 net profit ~ 7 May 2015 Sembcorp shares hit one-month low as 1Q2015 results miss forecastsBy Frankie Ho 8 May 2015 Shares of Sembcorp Industries fell to their lowest in a month on concerns that business in the coming quarters will remain under pressure after the company reported 1Q2015 results that missed expectations. The stock fell as much as 3.6% to $4.33 in early trading. At 10:11am (0211 GMT), it was down 3.1% at $4.35. "Apart from weak margins and ship repair (contributions) from Sembcorp Marine, Sembcorp industries’ own utilities profit struggled in Singapore and the ramp-up in India was slow," CIMB analyst Lim Siew Khee pointed out in a note. Lim, who has a "hold" rating on the stock, lowered her price target to $4.30 from $4.57 after cutting her 2015 to 2017 earnings per share estimates by 10% to 17%. Sembcorp's revenue in 1Q2015 fell 11% y-o-y to $2.3 billion, hurt by a 21% fall in contributions from its utilities business. Net profits from all three businesses - utilities, marine and urban development - declined. The biggest fall was seen in the urban development unit as there were no land sales during the quarter. The result was a 23% fall in overall earnings to $142.2 million. Credit Suisse, which has a "neutral" call on the stock, reduced its price target to $4.20 from $4.50 after cutting its 2015 to 2017 earnings per share forecasts by 8% to 12%. The company's 1Q15 earnings represent only 18% of consensus FY2015 estimates as weakness in its utilities and urban development businesses "provided a further drag" to declining profits from SembMarine, according to Credit Suisse analysts Gerald Wong and Hwang Shih Haur.
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Post by pain on May 11, 2015 13:33:09 GMT 7
Sembcorp has gone down to about $4.25....Cheng Kay run road too? SembCorp Industries Limited’s latest earnings: What investors should know ~ 8 May 2015 Sembcorp Industries posts 23% drop in Q1 net profit ~ 7 May 2015 Sembcorp shares hit one-month low as 1Q2015 results miss forecastsBy Frankie Ho 8 May 2015 Shares of Sembcorp Industries fell to their lowest in a month on concerns that business in the coming quarters will remain under pressure after the company reported 1Q2015 results that missed expectations. The stock fell as much as 3.6% to $4.33 in early trading. At 10:11am (0211 GMT), it was down 3.1% at $4.35. "Apart from weak margins and ship repair (contributions) from Sembcorp Marine, Sembcorp industries’ own utilities profit struggled in Singapore and the ramp-up in India was slow," CIMB analyst Lim Siew Khee pointed out in a note. Lim, who has a "hold" rating on the stock, lowered her price target to $4.30 from $4.57 after cutting her 2015 to 2017 earnings per share estimates by 10% to 17%. Sembcorp's revenue in 1Q2015 fell 11% y-o-y to $2.3 billion, hurt by a 21% fall in contributions from its utilities business. Net profits from all three businesses - utilities, marine and urban development - declined. The biggest fall was seen in the urban development unit as there were no land sales during the quarter. The result was a 23% fall in overall earnings to $142.2 million. Credit Suisse, which has a "neutral" call on the stock, reduced its price target to $4.20 from $4.50 after cutting its 2015 to 2017 earnings per share forecasts by 8% to 12%. The company's 1Q15 earnings represent only 18% of consensus FY2015 estimates as weakness in its utilities and urban development businesses "provided a further drag" to declining profits from SembMarine, according to Credit Suisse analysts Gerald Wong and Hwang Shih Haur. |
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Post by zuolun on May 11, 2015 15:37:35 GMT 7
Sembcorp has gone down to about $4.25....Cheng Kay run road too? SembCorp had a black marubozu and traded @ S$4.27 (-0.10, -2.3%) with 6.52m shares done on 11 May 2015 at 4.25pm Immediate support @ S$4.15, immediate resistance @ S$4.33.  |
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Post by pain on May 12, 2015 10:44:33 GMT 7
Hi Bro Zuolun, Selling volume was high(6.52 mil) bringing down to new low. Bearish to $4.15 support level as $4.20 is about to be penetrated (11.40 am). Likely a small rebound at next support $4.07 close to its 52 weeks low of $4.05. Hmmm....talking to myself again. Sembcorp has gone down to about $4.25....Cheng Kay run road too? SembCorp had a black marubozu and traded @ S$4.27 (-0.10, -2.3%) with 6.52m shares done on 11 May 2015 at 4.25pm Immediate support @ S$4.15, immediate resistance @ S$4.33. |
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Post by zuolun on May 12, 2015 12:18:07 GMT 7
Hi Bro Zuolun, Selling volume was high(6.52 mil) bringing down to new low. Bearish to $4.15 support level as $4.20 is about to be penetrated (11.40 am). Likely a small rebound at next support $4.07 close to its 52 weeks low of $4.05. Hmmm....talking to myself again. , SembCorp's share price is likely to hit interim TP S$3.96. Today is only the 3rd candle of the bearish Bollinger bands breakout @ S$4.38, price may crash down faster than expected. See the bullish Bollinger bands breakout @ S$4.25 on the left side, the share price was spiking up aggressively all in a row; the same will likely happen for the bearish Bollinger bands breakout @ S$4.38 on the right side, the share price will also be crashing down all in a row. These high volume trades are likely done by the Algo traders.  SembCorp ~ Bearish Gartley Breakout, interim TP S$3.96SembCorp had a black marubozu and traded @ S$4.20 (-0.09, -2.1%) with 3.41m shares done on 12 May 2015 at 12.45pm. Immediate support @ S$4.15, immediate resistance @ S$4.30.  |
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Post by zuolun on May 13, 2015 6:54:36 GMT 7
Hi Bro Zuolun, Selling volume was high(6.52 mil) bringing down to new low. Bearish to $4.15 support level as $4.20 is about to be penetrated (11.40 am). Likely a small rebound at next support $4.07 close to its 52 weeks low of $4.05. Hmmm....talking to myself again. , SembCorp's share price is likely to hit interim TP S$3.96. Today is only the 3rd candle of the bearish Bollinger bands breakout @ S$4.38, price may crash down faster than expected. See the bullish Bollinger bands breakout @ S$4.25 on the left side, the share price was spiking up aggressively all in a row; the same will likely happen for the bearish Bollinger bands breakout @ S$4.38 on the right side, the share price will also be crashing down all in a row. These high volume trades are likely done by the Algo traders.
SembCorp ~ Bearish Gartley Breakout, interim TP S$3.96, next TP S$3.42SembCorp closed with a black marubozu @ S$4.19 (-0.10, -2.3%) with extremely high volume done at 8.53m shares on 12 May 2015. Immediate support @ S$4.15, immediate resistance @ S$4.25.  Sembcorp Industries markets benchmark-sized perpetual securities13 May 2015 Energy, water and marine group Sembcorp Industries has launched a benchmark-sized offering of SGD subordinated perpetual non-call five securities. Pricing on the unrated notes is indicated to yield in the 5% area. The coupon would step up 100bp in year 10 if not called. There is a reset in year 10, based on the prevailing 10-year SOR plus the initial spread, and resets every 10 years thereafter. Deferred distributions are cumulative and compounding. There is a dividend stopper and pusher. Credit Suisse, DBS, OCBC (B&D) and Standard Chartered are joint bookrunners. The securities will come off Sembcorp's S$2bn multicurrency debt-issuance programme. |
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Post by zuolun on May 21, 2015 6:44:53 GMT 7
Even FA practitioner also practised the stop-loss strategy to reduce risk and protect portfolio value. 10 lots SembCorp shares purchased @ S$5.058 per share, tight stop-loss level @ S$$4.84 per share; without receiving the 11 cents/share dividends declared. ~ 21 Apr 2015 SembCorp: My 12 years story! ~ 11 Oct 2014 pain, SembCorp's share price is likely to hit interim TP S$3.96. Today is only the 3rd candle of the bearish Bollinger bands breakout @ S$4.38, price may crash down faster than expected. See the bullish Bollinger bands breakout @ S$4.25 on the left side, the share price was spiking up aggressively all in a row; the same will likely happen for the bearish Bollinger bands breakout @ S$4.38 on the right side, the share price will also be crashing down all in a row. These high volume trades are likely done by the Algo traders. SembCorp ~ Bearish Gartley Breakout, interim TP S$3.96SembCorp had a black marubozu and traded @ S$4.20 (-0.09, -2.1%) with 3.41m shares done on 12 May 2015 at 12.45pm. Immediate support @ S$4.15, immediate resistance @ S$4.30. |
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Post by zuolun on May 22, 2015 21:21:43 GMT 7
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Post by huathuatleo on May 22, 2015 21:26:37 GMT 7
Hi Sifu zuolunAccording to your chart, SembCorp has a Bearish Gartley Bat pattern. Most of the time, this would mean a continuation of downtrend. Would positive news and change in fundamental negate the pattern in this case? thank you. |
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Post by zuolun on May 22, 2015 21:59:03 GMT 7
Hi Sifu zuolunAccording to your chart, SembCorp has a Bearish Gartley Bat pattern. Most of the time, this would mean a continuation of downtrend. Would positive news and change in fundamental negate the pattern in this case? thank you. , Yes, the latest news (+ve or -ve) and especially a major fundamental change in the stock will negate the entire chart pattern. Two good examples are: SMRT and OLAM.The significant difference bet. price crashing down on low vol. and price crashing down on high vol.
Sometimes, certain things could only be visible on the chart when the share price starts its unusual / volatile movement (up or down all in a row, with or without volume). Bollinger bands are very powerful technical indicator. When using it as a key indicator, volume is not necessarily required, instead, the breakout (upside or downside) at the upper or lower Bollinger band is more important. Likewise, in a downtrend, volume is not required for a downside breakout at support level. However, in an uptrend, volume is necessary for an upside breakout at resistance level. Note: A price drop (or rise) on high volume all in a row is a stronger signal indicating that something in the stock has fundamentally changed. |
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Post by zuolun on Jun 4, 2015 14:44:35 GMT 7
Hi Bro Zuolun, Selling volume was high(6.52 mil) bringing down to new low. Bearish to $4.15 support level as $4.20 is about to be penetrated (11.40 am). Likely a small rebound at next support $4.07 close to its 52 weeks low of $4.05. Hmmm....talking to myself again. , SembCorp's share price is likely to hit interim TP S$3.96. Today is only the 3rd candle of the bearish Bollinger bands breakout @ S$4.38, price may crash down faster than expected. See the bullish Bollinger bands breakout @ S$4.25 on the left side, the share price was spiking up aggressively all in a row; the same will likely happen for the bearish Bollinger bands breakout @ S$4.38 on the right side, the share price will also be crashing down all in a row. These high volume trades are likely done by the Algo traders. ~ 4 Jun 2015 SembCorp ~ Bearish Gartley Breakout, interim TP S$3.96SembCorp gapped down and traded with a black marubozu @ S$3.97 (-0.08, -2%) with 4.86m shares done on 4 Jun 2015 at 3.35pm. Immediate support @ S$3.96, immediate resistance @ S$4.07..  |
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Post by zuolun on Jun 10, 2015 14:04:18 GMT 7
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Post by zuolun on Aug 5, 2015 8:03:48 GMT 7
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Post by zuolun on Nov 21, 2015 13:09:13 GMT 7
See the big picture of oil and oil related companies...all the charts are pointing down = "one-way ticket".  Never catch a falling knife — oldmanA falling knife in the stock market refers to a stock that experiences a sharp decline and it may collapse > 50% from its breakout/pivotal point, b4 bottoming out. In technical analysis, it means the stock is riding on the corrective 3 waves down (A, B and C waves). ~ 19 Nov 2015 Crude oil just collapsed below $40 per barrel ~ 19 Nov 2015 Arqaam Capital exits SembCorp Salalah venture ~ 12 Nov 2015 Doosan, Sepco III win Salalah 2 power plant contract ~ 12 Nov 2015 Persistent troubles from jack-up rigs continue to hound SembCorp ~ 3 Nov 2015 SembCorp Q3 net profit down 37.8% 3Q15 earnings for Sembcorp Industries were hit by disappointing Marine earnings. Excluding provisions, Utilities was better. Management remains hopeful to achieve its guidance of breakeven for its first Indian power plant this year. The Marine segment should also see earnings recovery in the absence of one-off items. We have cut our FY15/16F recurring profit after tax by 11%/8% to reflect Sembmarine's earnings revision and loss of income post divestment of SembSita from FY16 onwards. Maintain BUY, TP: S$4.20 (Prev S$4.00), after rolling over our valuation to FY16. We continue to like SCI for its regional expansion in its utilities business. Valuation is undemanding at below GFC trough. ~ DBS Equity Research: Wired Daily 2 Nov 2015 SembCorp battered by S$23m receivables provision and receivership ~ 30 Oct 2015 SembCorp warns of doubtful debts ahead as Q3 profit dives ~ 30 Oct 2015 Profit dips as Petrobras row affects customer financials ~ 30 Oct 2015 SembCorp Q3 net profit down 37.8% to S$122.3m ~ 29 Oct 2015 SembCorp' Q3 earnings dive as all engines stall ~ 29 Oct 2015 Brokers' ratings and TP overall still bullish on SembCorp as at end-Oct 2015:SembCorp ~ Bearish Gartley FormationSembCorp closed with a black marubozu @ S$3.29 (-0.04, -1.2%) with 1.91m shares done on 20 Nov 2015. Immediate support @ S$3.25, immediate resistance @ S$3.36.  SembCorp (weekly) ~ Mushroom-of-Death chart pattern, interim TP S$2.57 Just how important is SembCorp's $547m investment in Bangladesh power sector? ~ 29 Sep 2015 Banks are going to pull the plug on energy companies ~ 24 Sep 2015 What will SembCorp do with its $350m SembSita cash hoard? ~ 22 Sep 2015 SembCorp divests SembSita Pacific for A$485m ~ 21 Sep 2015 VSIP Nghe an integrated township and industrial park breaks ground ~ 17 Sep 2015 Singapore firms with Brazil exposure hit after S&P downgrade ~ 11 Sep 2015 Why has SembCorp dropped by 34% in one year? ~ 7 Sep 2015 SembCorp’s Oman JV exploring debt refinancing ~ 12 Aug 2015 Oman’s SembCorp Salalah plans refinancing $600m debt ~ 10 Aug 2015 IES: Singapore’s direct investment in Brazil amounted to US$625m (S$885m) as of end-2013 ~ 6 Jul 2015 SembCorp gains exclusive rights to build Vietnam township and industrial park ~ 30 Jun 2015 SembCorp: A young man and his $1.25b 'baby' ~ 17 Nov 2013  SembCorp Salalah closes IPO at a price of US$4 per share ~ 26 Sep 2013 SembCorp Salalah IPO roadshow attracts significant investor interest ~ 18 Sep 2013 SembCorp opens $1bn Salalah independent water and power plant in Oman ~ 21 May 2013 SemCorp's SSHs as at 5 Mar 2013SMM's SSHs as at 2 Mar 2012Hyflux bags S$95m contract to design, supply desalination facility in Oman ~ 23 Nov 2009 |
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Post by zuolun on Jan 19, 2016 15:50:03 GMT 7
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