$Sembcorp Ind(U96.SG)

Context: Analyst target‑price range varies across brokers, with near‑term pressure from power‑spread volatility and acquisition‑related debt, long‑term support from renewable‑energy assets and power‑purchase agreements, dividend‑policy adjustments in recent interim results.

My trade: Bought Sembcorp shares at an average cost of SGD 5.752. Have more in other accounts. other than banks, this is my biggest holding.

Takeaway: Multiple brokers have mixed‑to‑constructive outlooks with varying price targets; monitor 2H earnings from acquired assets, power‑market spreads, and dividend updates. My target price is at 7. Will start to sell by then.