Keppel
Last:6.78
-
keppel Corp
Post Reply
401-420 of 2153
Finally breakup after forming many flags, waiting for this moment! Don't miss the boat.
alamak, cut loss 1 week ago than now run up.
shd have just hang on for long term!
No news of big contracts from Petrobras/Sete Brasil (US$Billion) yet, only got small flies. http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_354F10A89A5D232B482579D60030C5C7/$file/MR.KeppelShipyard.04042012.pdf?openelementKeppel Shipyard Ltd (Keppel Shipyard) has secured Floating Production Storage and Offloading (FPSO) upgrading projects from its long-term partners SBM Offshore N.V. (SBM Offshore) and Bumi Armada Berhad (Bumi Armada). The combined contract value of the two projects is S$170 million (USD 135 million). 
Kep win new contracts again ToDaY? Steady leh.
Keppel Corp: won a contract from Mexico's Perforadora Central to build a repeat jackup rig worth US$205m, ~5% higher than that for a similar rig order from the same customer last March. The rig will be delivered in 1Q14 and is based on the LeTourneau Super 116E design with leg lengths of 511 ft and the capability to drill wells up to 30,000 ft at a water depth of 375 ft.
Perforadora Central is a Mexican company providing offshore and onshore drilling service mainly for PEMEX. Keppel also feels confident of securing more PEMEX related deals in the future.
Incl the LOI secured last Wed for an accommodation semisub rig, KEP’s ytd order wins stand at $0.9b. Its current orderbook is estimated at US$8.5b, which will keep it busy over the next two yrs. BOA-ML expects KEP to secure S$5.5b worth of ex-Petrobras orders and $5.2b Petrobras orders in 2012, vs $10b total new orders in 2011. The house maintains at Buy with TP $12.53.
Keppel AmFELS LLC, a US wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O& M), has won a contract from Mexico’s Perforadora Central SA de CV (Perforadora Central) to build a repeat jackup rig worth US$205 million.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_5EC4155E5B0276FE482579D4002CD87C/$file/PR_KAmFELS_Final.pdf?openelement
On Friday, Kepcorp trend upwards and closed at $10.99 with HIGH volume of 5.55 million shares traded.
During the past 10 bars, there have been 5 white candles and 5 black
candles. During the past 50 bars, there have been 27 white candles and
21 black candles for a net of 6 white candles.
Both RSI & MACD are flat as RSI trend sideways.
Important Resistance of Kepcorp: $11.10
Immediate Support of Kepcorp: $10.49
Currently prices are supported by 20/50 days MA.
Since 19/Jan, prices have ..............
READ MORE
Keppel signs LOI to build Floatel vessel
Keppel Fels has signed a letter of intent to build a harsh environment accommodation semi-submersible for Sweden’s Floatel International.If the contract is executed, the $315 million DSS 20NS design semi-submersible is expected to be delivered in July 2014.
The new vessel will be able to accommodate 440 persons in single bed cabins and will be equipped with Dynamic Positioning 3 capability.
The vessel will be the fourth accommodation semi-submersible built for Floatel by Keppel Fels following the 2010 delivery of the Floatel Superior and the Floatel Reliance and the order of the Floatel Victory in 2011.
The Floatel Reliance is under charter to Petrobras in Brazil’s Campos basin, while the Floatel Superior is operating on the Oseberg field, off Norway, for Statoil.
As previously reported by Upstream, the Floatel Victory, which is secheduled for delivery in 2014, will head to BP’s Clair Ridge development West of Shetland in June 2015 for an initial firm period of one year, with options.
Source: Josh Lewis, Upstream 28/3/12
underperformed?haha...
when it outperformed it will be at least $12-13...
STOCKS NEWS SINGAPORE-Citi ups target prices for rigbuilders
Reuters (28 Mar 2012)
In addition to orders from Brazil's Petrobras, Singaporerigbuilders such as Keppel Corp Ltd and Sembcorp Marine Ltd will benefit from oil prices at current levels, as more exploration and production activity underpins the sector, Citigroup said.The broker raised its target price for Keppel to S$12.80 from S$12.00 and for Sembcorp Marine to S$6.10 from S$5.90, but said Sembcorp is better positioned to secure more than six rig orders from Petrobras, due to economies of scale.
Citi also noted that crude oil prices at $125 a barrel are at a sweet spot and should encourage more exploration and production spending, and may further tighten rig availability.
Citi raised its target price for Sembcorp Industries Ltd to S$6.00 from S$5.83, and kept its buy rating on all three companies.
Shares of Keppel Corp, the largest rigbuilder, were up 1.2 percent at S$10.89, while smaller rival Sembcorp Marine's shares were up 0.8 percent at S$5.27. Sembcorp Industries rose 0.6 percent to S$5.18.
Sembcorp Marine and Sembcorp Industries have outperformed a 24 percent rise in the FT ST Oil& Gas index so far this year, while Keppel has underperformed.
Hi Guys, it is better to cut lost... :( or hold long term?
BN4 is over cooked
Kepcorp is just weak imo. Those who longed, just be cautious.
die la, bought $11.00. I have done it again! buy high sell low.
Rumours saying that Petros bras coming out with contract for bidding soon... let hope keppel corp can win some of it...
Went down 130 ????
[Trading Central] Keppel Corp: further advance.
Pivot: 10.6
Our preference: Long positions above 10.6 with targets @ 11.3 & 11.55 in extension.
Alternative scenario: Below 10.6 look for further downside with 10 & 9.65 as targets.
Comment: the RSI is supported by a bullish trend line.
Key levels
12.15
11.55
11.3
11.01 last
10.6
10
9.65
Click to view chart in actual size.
watch out for kep corp... uptrend all the way!!!
