utilities

SINGAPORE (Feb 8): Water costs are likely to see a hike this year after 17 years of constant pricing, said Singapore’s Minister for the Environment and Water Resources, Masagos Zulkifli, during a visit to Tuas Desalination Plant 3 on Tuesday.

SINGAPORE (Jan 12): RHB is keeping its “buy” call on Keppel Corp with a target price of $6.52 on the basis that its property and infrastructure arms, Keppel Land and Keppel Infrastructure, will continue to support the group’s earnings.

SINGAPORE (Jan 6): Deutsche Bank Markets Research is raising its target prices for Keppel Corporation, Sembcorp Industries, and Sembcorp Marine for 2017, ahead of what could be a better year for the offshore and marine sector.

SINGAPORE (Oct 31): Despite a poor showing by its marine division, Sembcorp Industries remains attractive with RHB, DBS and OCBC maintaining a “buy” call with target prices of $3.40, $2.90 and $3.07 respectively.

SINGAPORE (Oct 28): Sembcorp Industries’ 3Q16 results have left analysts with unchanged views, with CIMB and Maybank holding on to their “hold” calls with target prices of $2.66 and $2.40 respectively, while UOB maintain a “buy” call with a targ

SINGAPORE (Oct 27): Sembcorp Industries reported a drop of 55.9% in 3Q16 earnings to $53.9 million on the back of $13.2 million losses in its marine division and a $46.2 million mark-to-market impairment for Gallant Venture.

SINGAPORE (Sept 29): DBS Group Research is reiterating its “buy” call on Sembcorp Industries with a target price of $3.10, citing the group’s undervalued utilities business although it has expanded regionally.

SINGAPORE (Aug 26): Asian equities and mutual funds continue to enjoy immense popularity among investors around the world, as seen from the latest foreign institutional investor (FII) flow figures reported by HSBC Global Research, which measure net flows

SINGAPORE (Aug 3): CIMB is downgrading its “add” call on Sembcorp Industries to “hold” and lowering its target price for the utilities and marine company to $2.66 from $3.10 previously

SINGAPORE (Aug 2): Sembcorp Industries, the utilities and marine company, posted a 47.1% fall in 1H16 earnings to $193.49 million from a year ago.