Offshore & Marine - UOB Kay Hian 2016-03-14: Global Bellwethers ~ When The Going Gets Tough, The Tough Get Going
 Offshore & MarineEZION HOLDINGS LIMITED 5ME.SI  NAM CHEONG LIMITED N4E.SI  KEPPEL CORPORATION LIMITED BN4.SI  EZION HOLDINGS LIMITED 5ME.SI
Offshore & MarineEZION HOLDINGS LIMITED 5ME.SI  NAM CHEONG LIMITED N4E.SI  KEPPEL CORPORATION LIMITED BN4.SI  EZION HOLDINGS LIMITED 5ME.SI  Offshore & Marine – Global Bellwethers: When The Going Gets Tough, The Tough Get Going 
- We studied management comments in the recent 4Q15 results announcements of global oil-service bellwethers. 
- In 2015, the bellwethers were the first off the block to have adopted austerity measures to weather a deep downturn. 
 
 
 
          
      
 
  
 
 
 
 
 
 
 
 
 
 
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