💥 Sembcorp Industries – unrewarded, despite delivering on targets
📆 Since touching a 15-month low on 6 August 2024, Sembcorp Industries (SCI) has rebounded 16% to its closing price at $5.17 on Friday 13 September 2024.
📝 We had published an article titled “Sembcorp Industries – recent news on plant suspension already priced in?” (https://tinyurl.com/MMB15Aug24) on 15 August of the stock being negatively impacted by news that it was forced to suspend its Myingyan power plant in Myanmar due to conflicts
👀 Looking ahead, Macquarie Research published a flashnote on SCI on 30 August 2024, with the title “Sembcorp Industries - ASEAN Conference 2024: Unrewarded, despite delivering on targets”
🔎 Readers keen to find out MQ’s view on the shares can read more here: https://warrants.com.sg/marketnews/highlight/todayhighlight/7508
ℹ️ Macquarie listed a new call warrant TEWW last Friday. See how it moves alongside Sembcorp Industries shares here: https://warrants.com.sg/tools/livematrix/TEWW
Read more: https://tinyurl.com/MMB16Sep24
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The official account of Macquarie Warrants Singapore
Macquarie Warrants Singapore is an issuer and market-maker in Macquarie warrants listed on the SGX.
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