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!

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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.

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Value Investing
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Friday 23 January 2015

Kep Corp's Margin and Net Order Book


  1. WHILE there are headwinds in the global oil and gas industry, marine conglomerate Keppel Corp has not seen any withdrawal or cancellation of rig orders, chief executive officer Loh Chin Hua said on Friday.

    "There are headwinds, but so far, we are ok,'' Mr Loh said at a briefing with analysts and the media.

    Chow Yew Yuen, CEO of Keppel Offshore & Marine, added that the company has not received any requests to re-negotiate payments. But there have been a few requests to delay the delivery of two projects.

    On the sharp drop in global oil prices, Mr Chow does not believe oil prices will continue to stay at current levels, but instead will move to a level that will allow supply and demand to reach an equilibrium.

  2. Keppel Corp says receives requests to delay two projects

    Friday, Jan 23, 2015
    SINGAPORE - Singapore's Keppel Corporation Ltd, one of the world's largest offshore drilling rig builders, said on Friday it had received requests to delay the delivery of two offshore and marine projects.

    Yew Yuen Chow, chief executive officer of Keppel Offshore & Marine, told an earnings briefing no agreement had been reached on the issue. He did not give any details on the clients requesting the delay.

    Chow also said Keppel was currently not renegotiating payment terms with any clients. On Friday, Keppel reported a 2 per cent increase in 2014 net profit.


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