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Share price jumped 6% on Friday
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another 6% jump up coming
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(29-01-2022, 04:58 PM)Stoki Wrote: another 6% jump up coming
I am afraid to invest in this stock.........
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Coincidentally I was looking at the results this morning short answer is yes.
It is in mid cycle of recovery and profits already reach 1B for a company with 10B market cap. It has 3.7B in contracts.
I bought last year or year before when the stock dip below $5 on bad news. .my logic then was this is a cyclical stock so bad news is time to buy....and at cycle peak it would be good news but time to sell.
Both Keppel and Sembcorp Ind will be doing well next few years....I Am just holding for a few years
Sembcorp can book profits which it sell India assets... Big gains.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(This post was last modified: 29-01-2022, 05:03 PM by
sgbuffett.)
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It’s target price is at $6.9 - $7.2 range
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(29-01-2022, 05:01 PM)debono Wrote: I am afraid to invest in this stock.........
Why afraid?
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(29-01-2022, 05:01 PM)debono Wrote: I am afraid to invest in this stock.........
You made the right choice.
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I bought 5plus. Because i made money from SPH.
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