Part 9/11:
Even if consolidation does not occur immediately, Keppel shares have experienced a sharp decline—more than 50% from their peak of S$13 in 2007—yet some analysts see value in the company's diversified portfolio beyond offshore marine. The sector's overall outlook remains subdued, with continued industry headwinds expected over the next few quarters.
For Semcorp Marine, the caution is more pronounced. Investors are advised to be prepared for volatile times, as the sector remains highly sensitive to global offshore oil market fluctuations. The company's focus on offshore marine operations makes it especially vulnerable during cyclical downturns, emphasizing the need for resilience and strategic agility.