Keppel Corp

I'm going to look at Keppel Corp today (I'm just going to call it Keppel for the rest of this post). It climbed 5.2% to end at $5.02 on Friday, with a price to book value ratio of 0.85 as well as a P/E ratio of around 6. It has also recommended a final dividend of 22 cents, making the total dividend paid for 2015 34 cents which is almost a 7% return rate, better than some REITs. So, is it a good buy?

Are Oil and Gas Companies a Good Buy?

The last few weeks haven't been very kind to oil and gas companies, especially Keppel and the two Sembcorp companies, with Sembcorp Industries reaching 2008 crash levels before rebounding on Friday as well as Sembcorp Marine before rumours that its parent, Sembcorp Industries would inject funds to save it or take over full control of it. With such low prices, are oil and gas companies a good buy at their current price levels.

Enjoy the Journey

I came across this article (I'd Rather Be Young by Budgets Are Sexy) online, where the author mentions that he prefers to be young rather than be an older person who has accomplished a goal that he is striving towards (eg buying a house, retiring or paying off debt). I think this is an interesting take on things. Why do we keep rushing to complete our goals, be it attaining financial freedom, buying a house, etc, instead of enjoying the now.

Thinking to Myself

This is going to be a short post.

So, the stock market is still not doing well and blue-chips are falling to quite cheap prices relative to the past few years, especially the ones to do with oil and gas, such as Sembcorp Marine and Keppel. It feels so tempting to buy these blue-chip shares at these low price, but then again, nothing's been stabilized and share prices may fall further. 

Or maybe it's no point timing the market and just slowly buy on the way down and then slowly selling when the price has reached my intrinsic value of the share, but even then, at what rate should we invest more? As the topic says, this post is nothing much other than me thinking out loud, feel free to comment/answer some of my thoughts :)

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Bad Start to the Year

It's the first week of the year, yet there doesn't seem to be much worth celebrating (unless you're waiting for the market to fall before going in). Just today, the STI fell 74 points and some blue chips among them such as Keppel, fell by 6.5%, all in one day. What's happening?

2016

Happy New Year! As a Chinese saying goes: 一年之计在于春，一日之计在于晨, the planning for the year should be done in the spring and the planning for the day should be done in the morning. To start to year right, we have to start planning earlier on the year so that we can enjoy the fruits at the end of the year. So, I'm going to write down my resolutions for 2016 in the first post of this new year.