S51.SI - Sembcorp Marine Ltd

SES - SES Delayed Price. Currency in SGD
1.78
-0.04 (-2.20%)
At close: 5:04PM SGT
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Previous close1.82
Open1.82
Bid1.78 x 0
Ask1.79 x 0
Day's range1.77 - 1.83
52-week range1.35 - 2.09
Volume6,553,000
Avg. volume4,869,370
Market cap3.72B
Beta1.14
PE ratio (TTM)63.57
EPS (TTM)0.03
Earnings date20 Feb 2018 - 26 Feb 2018
Forward dividend & yield0.02 (1.43%)
Ex-dividend date2017-04-25
1y target est1.87
  • Marco Polo Drilling to withdraw claims against Sembcorp Marine in dispute
    Singapore Business Review6 days ago

    Marco Polo Drilling to withdraw claims against Sembcorp Marine in dispute

    Marco Polo Drilling will withdraw its claims in the arbitration. Sembcorp Marine (Sembmarine) updated its contractual dispute with Marco Polo Drilling (MPD) after the two have been called into arbitration proceedings in 2016. According to an announcement, Sembmarine, through a subsidiary, entered an into a settlement agreement on a without admission of fault with MPD and Marco Polo Marine (MPM).

  • Daily Briefing: Demand for HR professionals continue to rise; Sembcorp Marine buys back shares
    Singapore Business Review7 days ago

    Daily Briefing: Demand for HR professionals continue to rise; Sembcorp Marine buys back shares

    Sembcorp Marine is one of the largest oil rig builders in the world. The firm also has capabilities in performing repairs and upgrades of vessels, marine and offshore structures, among others. On 6 and 8 November 2017, Sembcorp Marine bought back a total of 300,000 shares at a price range of between S$1.9614 and S$1.9696 per share.

  • Shares Investmentlast month

    Investors’ Corner (Amara Holdings, Sembcorp Marine, Venture Corporation, Singapore O&G)

    Amara Holdings (Amara) guided for an 89% average occupancy rate (AOR) for Amara Singapore for 8M17 slightly higher than 8M16’s 88%. Likewise, Amara Sanctuary registered an AOR of 73% which improved significantly from 60% for 8M16.

  • Chart of the Day: Rig sales volume rose to 26 units in Q2
    Singapore Business Reviewlast month

    Chart of the Day: Rig sales volume rose to 26 units in Q2

    Sembcorp Marine sold 15 rigs to Borr Drilling for US$1.3b. This chart from DBS Bank shows the sales volume of oil rigs have risen from 20 units to 26 units in Q2. Amongst the units sold in Q2, 15 were ...

  • Why Sembcorp Marine's junked Oro Negro contracts won't affect its earnings
    Singapore Business Reviewlast month

    Why Sembcorp Marine's junked Oro Negro contracts won't affect its earnings

    Profits from its five rig building contracts have long been reversed out since 2015. Sembcorp Marine's recently disposed rigs from a contract with Oro Negro fell 35% from the original price of US$209m to $185.5m (US$136m). Profits from Perisai Petroleum have been reversed out 2x and from Oro Negro 3x.

  • Why Sembcorp Marine's earnings will be unaffected after cutting off Oro Negro contracts
    Singapore Business Reviewlast month

    Why Sembcorp Marine's earnings will be unaffected after cutting off Oro Negro contracts

    The cost of the disposed Oro Negro rigs fell 35% from original price. Sembcorp Marine's recently disposed rigs from a contract with Oro Negro fell 35% from the original price of US$209m to $185.5m (US$136m). ...

  • Sembcorp Marine disposes nine jackup rigs for $1.8b
    Singapore Business Reviewlast month

    Sembcorp Marine disposes nine jackup rigs for $1.8b

    Their worth is a 30% drop from the original value. Sembcorp Marine disposed nine jackup rigs to Borr Drilling Limited (Borr) for $1.8b (US$1.3b). According to DBS Equity Research, the price suggests an ...

  • The Wall Street Journallast month

    [$$] Sembcorp Marine Sells Nine Drilling Rigs for Over $1.3 Billion

    Sembcorp Marine said it has signed a deal worth over $1.3 billion with Borr Drilling to sell nine jack-up oil drilling rigs.

  • Sembcorp Marine junks deals with Oro Negro
    Singapore Business Review2 months ago

    Sembcorp Marine junks deals with Oro Negro

    Delivery of three jack-up rigs has been deferred. Sembcorp Marine's wholly-owned subsidiary PPL Shipyard terminated contracts with Oro Negro for the construction of three jack-up rigs. According to an ...

  • Sembcorp Marine to build CGL carriers for US-based SeaOne
    Singapore Business Review2 months ago

    Sembcorp Marine to build CGL carriers for US-based SeaOne

    It signed a letter of intent for the design and construction of two carriers. Sembcorp Marine and US-based SeaOne Caribbean LLC (SeaOne) signed a letter of intent (LOI) for the design and construction ...

  • Sembcorp Marine's orderbook hits $3.8b
    Singapore Business Review2 months ago

    Sembcorp Marine's orderbook hits $3.8b

    Thanks to its recent US$145m deal. Sembcorp Marine announced that it has secured hull carry over works related to the FPSO P-68 Tupi project at its Brazilian yard worth USD145m. According to RHB, it estimates ...

  • Sembcorp Marine bags US$145m deal
    Singapore Business Review2 months ago

    Sembcorp Marine bags US$145m deal

    The hull carry over works is part of a larger offshore contract. Sembcorp Marine’s wholly-owned Brazilian subsidiary, Estaleiro Jurong Aracruz Ltda (EJA) bags hull carry over works (Hull COW) for US$145m. ...

  • Sembcorp Marine's profit falls 51.2% to $5.6m for Q2
    Singapore Business Review4 months ago

    Sembcorp Marine's profit falls 51.2% to $5.6m for Q2

    SMM will be looking to redeem itself via new orders. Sembcorp Marine (SMM) will be scrambling for new orders after it posted a 51.2% fall in net profit to $5.6m for Q2. In a report by OCBC Investment Research, ...

  • 5 catalysts that can usher in growth for Sembcorp Marine
    Singapore Business Review7 months ago

    5 catalysts that can usher in growth for Sembcorp Marine

    Potential M&As in Singapore yards is one. Although Sembcorp Marine posted a 28% earnings drop to $40m, there is nothing but hopes for it to redeem itself in the next few months, DBS Group Research said. According to analyst Pei Hwa Ho, changes can step from Sembcorp Marine being a pure play to ride the oil price recovery.

  • Daily Briefing: 2,000 HDB flats to rise in Pasir Ris; DBS' wealth management shines
    Singapore Business Review7 months ago

    Daily Briefing: 2,000 HDB flats to rise in Pasir Ris; DBS' wealth management shines

    From PropertyGuru: Under the Remaking Our Heartland (ROH) programme, residents of Pasir Ris can look forward to about 2,000 new HDB flats and a new mixed-use project at the town centre. Situated next to Pasir Ris Park, the public housing developments are expected to be launched in the next three to five years and will come with a wide range of amenities and multi-generational facilities. “For seamless connectivity, these will be integrated with a proposed Central Greenway with elevated cycling/pedestrian paths, providing direct connection from the town centre to Pasir Ris Park,” said HDB in a statement.

  • Sembcorp Marine's net profit sinks 27.9% to $39.5m in Q1
    Singapore Business Review7 months ago

    Sembcorp Marine's net profit sinks 27.9% to $39.5m in Q1

    Sembcorp Marine started the year stuck in the doldrums as it reported a 27.9% slump in net profit to $39.5m due to lower sales. According to OCBC Investment Research, Sembcorp Marine (SMM) would have reported a net loss of about $10m if without the $46.8m gains from the divestment of its 30% interest in COSCO Shipyard Group, which was completed in January 2017. In 1Q17, SMM had new orders of S$75m (all variation orders).

  • Daily Briefing: Singapore beats Tokyo as Asian city with best quality of living; Sete Brasil still a drag for Sembcorp Marine
    Singapore Business Review8 months ago

    Daily Briefing: Singapore beats Tokyo as Asian city with best quality of living; Sete Brasil still a drag for Sembcorp Marine

    From Bloomberg: Singapore gained one spot from last year and came in at number 25 on a global ranking of 231 cities by consulting firm Mercer, a unit of Marsh & McLennan Companies. Singapore was top of the list on quality of city infrastructure, which includes the supply of electricity, drinking water, and phone services. Mercer also assesses public transportation, traffic congestion, and the availability of international flights in this category.

  • Why Sembcorp should not expect much from its shipyard segment
    Singapore Business Review10 months ago

    Why Sembcorp should not expect much from its shipyard segment

    Sembcorp Marine's earnings outlook for shipyards remains weak, a report by UOB KayHian noted. "However, we are cognizant of tactical trades in the current environment, driven by contract awards. Meanwhile, UOB noted that the group is well-positioned to capitalise on higher liquefied natural gas demand, which will spur the need for more LNG terminals.