I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Thursday 26 June 2014

What Investors Can Learn About Keppel Corporation from Its Latest Deal



Read? What Investors Can Learn About Keppel Corporation from Its Latest Deal


What does this mean for Keppel?

There are current worries amongst investors that Keppel Corporation’s offshore arm, Keppel Offshore & Marine, is facing increasing competition from Chinese shipyards. However, what the company has demonstrated here is that it is always looking to outdo its last achievement and has its eyes fixed on the road ahead.

The contract also highlights the beauty of Keppel Offshore & Marine’s employees and their ability to constantly seek new revenue streams for the overall corporation. This is also evident in the way Keppel Corporation has transformed itself from a business that had only a lone shipyard; today, it’s into real estate, finance, telecommunications, offshore oil & gas, and infrastructure.

3 comments:

  1. Keppel also made a conscious effort to differentiate itself from its competitors. Mr Choo elaborated, “You must choose battles that you can win. That’s
    why we don’t build tankers, bulk carriers and container ships. There, the Chinese and Koreans will eatour lunch. We chose rigs, Floating Production Storage and Offloading units and specialised vessels.”

    CW8888: Now Keppel has choosen to build FLNG

    ReplyDelete
  2. Thomson Reuters ONE via COMTEX) -- Hamilton, Bermuda - (June 30, 2014) - Golar LNG Limited (the "Company") GLNG +0.73% announced today that it has closed its registered offering of 12,650,000 shares of its common stock, par value $1.00 per share, which included 1,650,000 common shares purchased pursuant to the Underwriters' previously announced option to purchase additional common shares. The proceeds of the offering are expected to be used to (i) fully fund initial milestone payments under a conditional agreement (the "Conversion Agreement") with Singapore's Keppel Shipyard Limited in connection with the conversion of an LNG carrier, the Hilli, to a floating liquefaction natural gas vessel and (ii) partly fund other future scheduled payments under the Conversion Agreement. Depending on the timing of these future scheduled payments, the Company may temporarily invest the remaining funds on a short-term basis or use the funds for other general corporate purposes.

    ReplyDelete

Related Posts with Thumbnails