As we should all have known, the SG market is currently selling at premium prices. However, there will always be gems to be uncovered since different equities move in different directions. I personally find that Sembcorp Industries can possibly be a good call with suffice safety margin. Below is a simple breakdown:
1) Operating Nature:
Sembcorp Industries is segmented into four major plays, at least as per its financial statements.
: Its strongest and most defensive segment
As compared to FY15 deficit, FY16 was a comeback year which it returns to a flat positive net profit. This may be a great rebound.
Definitely not its strongest sector but consistent between FY15 and FY16.
-Others/Corporate: Biggest loss contributor of the Group in recent years
2) Profits sustaining for the Losses
This acts as a risk by ...
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