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Brokers' take

Published Fri, Apr 28, 2017 · 09:50 PM

Sembcorp Marine > Buy OCBC Investment Research, April 28 Target price: S$2.01 April 28 close: S$1.63

IN Q1 2017, Sembcorp Marine had new orders of S$75 million. New order enquiries relating to non-drilling solutions have increased over the past two months. SembMarine has made progress in the development of its near-shore gas infrastructure solutions using its Gravifloat technologies. With better visibility of new order flo…

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