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Announcements
Happy New Year ☺
This year, I will be planning a slew of courses to help everyone better understand the market and also to introduce everyone to topics that no one else covers in courses outside.
The idea is to have one session each month, free for clients.
Keep a look out for details here!
Japan is having "Golden Week" this week
Juice
O&M
Keppel Corp (BN4), the world's largest rig builder, said on Tuesday its subsidiary had agreed to acquire a 49.9% stake in Norway's OWEC Tower, a designer of offshore wind turbine foundations, for about 61m norwegian crowns (US$10.3m)
Comment: Not much of a price mover by itself. Keppel will still move with the market
Yangzijiang said on Tuesday it now owned a 45% stake worth US$49.5m in YZJ Offshore Engineering Pte Ltd, a joint venture between Co. and Qatar Investment Corporation.
Comment: Not much of a price mover here but chart looks good and this can be an additional kicker. CIMB has a technicaly BUY on YZJ today
Sources: Bloomberg, Reuters, WSJ, The Business Times, Analyst Reports, Company Announcements
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