SembCorp Marine @ $4.02

Buy @ $4.02

It's been many years since I last sold my last lots. Itchy fingers, add back to my portfolio.

Q2 results were out last evening. As expected, EPS was better y-o-y and 1H Div = 5ct maintained. PE = 15.14 (FY13) or 14.87 (latest 4Qs) ; Yield = 3.23%. Further, the Order Books is healthy.

So, why the sell-off? Vol = 7,835,000 ; Range = $4 to $4.09 ; Close = $4.03, -7ct. 😀

Leave a Reply