Daniel,

Yes, TKF is doing a good job at SembCorp when compared to his 2 predecessors. PY of course bankrupted the company during his tenure requiring a bailout in the form of a merger with STIC. Then he had to step down and got his buddy WKS to assume the post of CEO....mind you PS is non exec chairman, so his role is different from PY (exec Chmn) and LCO of KC.

Given his intellect, I think WKS could have done much better.....but I think he was constrained in some of his decisions for the sake of his friend PY (did'nt want to make him look too bad). One of WKS's big blunder was to fight the Solitaire case. Original damages was about $250m....but because he fought on the case, SCI ended up paying >650m in damages plus several millions in legal fees....the settlement was achieved when TKF took over. Because of the increased settlement costs, SCI had to divest the very profitable SembLog to raise the cash.....losing one important leg of SCI.

Personnal opinion.

Hi 178investors (Senior) - Sorry abt late reply cuz this auntie busily attending AGMs for the first time in my life. But they were so disappointingly mild and unenlightening.

U've shared many excellent points.

Ok, firstly, I know the Jap interests in SembMarine is a little tricky. These Jap are so far behind the curve on derivatives and the fin mkt operations so much so that I'm not surprised that this serious debacle occured at JSL.

OK, secondly I agree that they are not exactly of the same size nor fit. As the future is the key in the value of a corp, do U think that Semb can pull off what KepCorp calls KIE more successfully??

OK, thirdly, KepC's branding will carry more weight than SembC.

Most importantly, I like your conclusion : All making good $$. After reading your posting, I shall put SembC back into my radar screen. I am beginning to like this forum cuz there are postings of value to me. A large number of them are pretty refreshing to me too.

The speculative forex losses speak for itself. To me, it sounds like UBS all over. What had happened in the Boardroom and the corp culture that permeated the corp??

LCO of KepCorp was under the tutelage of SKB from 1992 to 2000. LCO has a first class honours in naval architecture. PS of SembCorp was a long-time banker with OUB b4 his move to ST Engineering. Open up 2 windows and juxtapose the two Boards and U can see for yourself the differnces in the 2 Boards. KepCorp's share price has done better. It's juz a relative position I am referring to.

Yep, good for a few more years. It needs to clear the immediate resistance at $4.20 according to our sifus ... if break thru convincingly should have no problem touching $4.50 soon.

i always thought the current ceo has done a good job in driving up the share price of sembcorp, after all the price did moved up after taking charge. i am vested in this counter (sembcorp), care to share your views?

Aiyah... don't badmouth your siblings mah... they all born from the same parent ... so same gene lah.

Although i admire LCO, i must say he is one lucky Chairman to inherit the good foundations that's already in place by his more illustrious predecessor, the late Sim Kee Boon. Sim is a legend.

Zhuge, Tq.

Wa! Got chance to profit leow. Tomorrow, hope it cheong up together with KC.