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Showing posts with label keppel. Show all posts
Showing posts with label keppel. Show all posts

Friday, July 8, 2016

2 Oil stocks in particular to watch

The price of oil had recovered and this can bring in more work for oil companies. Keppel Offshore and Marine just announced a $120 million contract being renewed by existing customer.

  • Falcon Energy (recent share buybacks done by company)
  • Vallianz (strong results not reflected in share price)

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.