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Monday, December 15, 2014

Strong indicators of a buy in Keppel Corp

Keppel Corp's share buy back today valued at close to $8 million. 3 days ago, its share buyback valued at about $3 million.

On 11 Dec 14, it made 2 consecutive share buy back programs valued at close to $10 million. To date, it had spent about $21 million in total on buying back its shares.

Loh Chin Hua, an unknown investor increased his/her stake today from 0.44% to 0.99%.

I am not exactly bullish on the crude oil price now but i think $8 could be one of the lowest buying points Keppel Corp can go.




4 comments:

  1. Mr Loh Chin Hua was appointed the Chief Executive Officer and Director of Keppel Corporation with effect from 1 January 2014.


    http://www.kepcorp.com/en/content.aspx?sid=4298


    http://sbr.com.sg/energy-offshore/people/keppel-appoints-loh-chin-hua-new-chief-financial-officer

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  2. 6.95 today (20/8/15), how low can it go?

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    Replies
    1. can go lower. A lot of famous investors are ditching oil stocks because alternative energy is emerging. Although not very visible yet, but long term will can depress oil prices.

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