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Keppel Ltd is my current top performing holdings with a return of 104% after the recent strong rally in share price. Previously, a number of social media folks were very skeptical of its new strategy to focus on developing its recurring income business. Also many condemned the high leverage employed by Keppel Ltd. Finally, this year turned up extremely well for Keppel Ltd. I attribute it mainly to the “Piyush” effect…haha. Good job overall by the Senior Management team of Keppel Ltd! It is good that the market has finally acknowledged the transformation by Keppel Ltd into an asset light fund management model with more stable recurring income. I have sold off around 25% of my holdings to lock in part of the capital gain. Do I think that Keppel Ltd still a good buy at this juncture? I will address this in the final part of my post. For
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