|Day's range||6.25 - 6.31|
|52-week range||5.13 - 7.23|
|PE ratio (TTM)||13.74|
|Earnings date||19 Jul 2017 - 24 Jul 2017|
|Dividend & yield||0.14 (3.13%)|
|1y target est||6.83|
Keppel Corporation is well-positioned to ride the property upturn, driven by the general positive long-term outlook for Asia's property markets. According to OCBC Investment Research, Keppel’s core markets are Singapore, China, as well as Vietnam and Indonesia. The brokerage firm said despite the property cooling measures in selected cities in China, the group sold over 3,800 units and handed over some 3,480 units in 2016.
The recent deal it nabbed was with Petrovietnam Technical Services. The year has been smooth sailing so far for Keppel's offshore and marine unit after it has won three contracts with a total value of around $263m. According to RHB, the latest deals Keppel managed to nab were the two separate contracts for dredgers and liquefied natural gas (LNG) carriers awarded by Jan De Nul and Stolt-Nielsen.
Enterprises will be able to leverage AI-driven computing. Huawei and Keppel Data Centres Holding Pte. Ltd. (KDCH) recently announced the launch of Huawei's Cognitive Data Centre reference site located ...