Sembcorp Industries - India Outlook Improving, Downside Priced In; Upgrade To BUY | I3investor

Blogs Headlines

Singapore Stock Market News

Sembcorp Industries - India Outlook Improving, Downside Priced In; Upgrade To BUY

StockFanatic

Publish date: Sat, 30 Jun 2018, 09:04 AM

Merchant power prices in India remain on the rise. With only 38% of SGPL's capacity contracted at low tariff prices, there is sizeable capacity available to benefit from higher ST PPA prices or spot prices. The IPO of the India unit remains on track, though local media suggests some headwinds. Current valuations imply the nonmarine unit to be trading at 6x PE, below its long-term forward mean PE of 8x. Value has emerged, and we upgrade to BUY with unchanged target price of S$3.60.

Sembcorp Ind (U96)

Related Stocks

Market Buzz

More articles on Singapore Stock Market News

Market Commentary: Record highs on trade, vaccine developments

Created by StockFanatic | Aug 26, 2020

Market Commentary: Record highs on trade, vaccine developments

Created by StockFanatic | Aug 26, 2020

Market Commentary: Data help US market end week on a high note

Created by StockFanatic | Aug 24, 2020

Market Commentary: Data help US market end week on a high note

Created by StockFanatic | Aug 24, 2020

Market Commentary: And they are back, with S&P within inches of record high close

Created by StockFanatic | Aug 13, 2020

Market Commentary: And they are back, with S&P within inches of record high close

Created by StockFanatic | Aug 13, 2020

Market Commentary: Winning streak snaps

Created by StockFanatic | Aug 12, 2020

Market Commentary: Winning streak snaps

Created by StockFanatic | Aug 12, 2020

Market Commentary: US negotiations over stimulus continue amid diplomatic tensions

Created by StockFanatic | Aug 11, 2020

Market Commentary: US negotiations over stimulus continue amid diplomatic tensions

Created by StockFanatic | Aug 11, 2020

Discussions

Be the first to like this. Showing 0 of 0 comments

Post a Comment

Featured Posts

MQ Chat

New Update. Discover investment communities that resonate with your ideas

VCPlus

Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!

Latest Videos

New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!

0:17

New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!

MQ Trader 2815 views | 19 d ago

M & A Value Partners IPO Equity Fund

0:43

M & A Value Partners IPO Equity Fund

MQ Trader 5898 views | 2 mo ago

MQ Market Updates - 18 September 2024

0:15

MQ Market Updates - 18 September 2024

MQ Trader 63 views | 18 h ago

MQ Market Updates - 17 September 2024

0:16

MQ Market Updates - 17 September 2024

MQ Trader 179 views | 1 d ago

MQ Market Updates - 12 September 2024

0:16

MQ Market Updates - 12 September 2024

MQ Trader 447 views | 6 d ago

Apps

Send individual or group chats with anyone on i3investor

Earn MQ Points while trading with MQ Trader

MQ Affiliate

Earn side income from Affiliate Program

Online learning and teaching marketplace

Top Articles

1

THE SINGAPOREAN INVESTOR

Investing in Singapore's Hospitality Scene: A Look at the 5 Listed REITs

2

RHB Investment Research Reports

Food Empire - Expanding Ingredients Capability in Vietnam; BUY

3

Collin Seow Remisier Blog

Intuit: Aiming for the Sky and Flying High

4

RHB Investment Research Reports

ST Engineering - Rolling Forward Our Valuation; Reiterate BUY

5

CEO Morning Brief

Singapore Home Sales Set for Worst Year Since Financial Crisis

Hot Stocks Today >

1

1000

2

DBS Group Holdings Ltd

389

3

Oversea-Chinese Banking Corporation Ltd

376

4

Singapore Telecommunications Ltd

334

5

Singapore Airlines Ltd

321

6

United Overseas Bank Ltd

301

7

CapLand IntCom T

277

8

Mapletree Ind Tr

Mapletree Industrial Trust

256

9

CapLand Ascendas REIT

Ascendas Real Estate Investment Trust

256

10

Mapletree Log Tr

Mapletree Logistics Trust

236

Daily Stocks

HSI 18400MBeCW241030

0.073

+0.012

63,922,000

HSI 17200MBePW241030

0.052

-0.015

37,616,100

Seatrium Ltd

1.74

+0.06

23,209,000

Suntec Reit

1.34

+0.01

21,700,800

ManulifeReit USD

0.133

+0.009

19,385,500

Green Build

0.069

+0.014

19,019,200

0.081

+0.004

16,978,700

CapLand IntCom T

2.15

+0.03

16,534,300

Frasers L&C Tr

1.17

+0.01

16,332,600

3.37

+0.04

15,761,100

More active Stocks

SPDR S&P500 US$

568.00

+4.16

137

Meituan 5xLongUB251128

4.70

+0.583

5,100

Nasdaq 7xLongSG260226

9.69

+0.541

1,700

XT MSCHINA S$

17.48

+0.34

4,289

38.37

+0.27

2,966,700

HSI 7xLongUB260130

2.17

+0.26

8,000

IS INDIA CLIMATE S$D

19.86

+0.21

7,457

HSI 7xLongSG251216

1.60

+0.185

114,700

Tencent 5xLongSG251216

1.925

+0.182

32,200

Jardine C&C

27.67

+0.18

94,300

More gainer Stocks

237.15

-0.45

962

HSTECH 7xShortSG260605

1.11

-0.262

55,400

307.25

-0.25

348

NIO Inc. USD OV

5.27

-0.19

163,840

Galaxy 5xShortUB250127

0.70

-0.158

100

HSTECH3xShortMA260327US$

1.47

-0.135

156,000

HSI 7xShortUB260630

0.98

-0.131

8,500

PetroCH 5xLongSG241030

1.48

-0.103

16,400

HSI 7xShortSG260605

0.995

-0.10

45,200

Kuaisho 5xShortSG250306

0.265

-0.098

167,100

More loser Stocks

Featured Advertisers / Partners

Top Brokers >

1

CGS-CIMB Securities

2

Citibank Brokerage

3

DBS Vickers

4

iFAST Financial Pte Ltd (FSMone)

5

KGI Securities

Books Review >

Ride The Bull Short The Bear

CS Tan

4.9 / 5.0

This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....