Personally, i think it's a good company too whether politically linked or not. Scomi Eng specializes in monorails, which is a good industry as the population grows and public transport becomes a problem. Scomi Marine is involved in deep-sea oil exploration, which is another important service because if the fast depletion.
The price now is quite far from the historical high and below NTA. PE and dividend yield are also attractive.
SCOMI 7158
Dec 3 2008, 03:13 PM
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