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Latest Posts By better - Elite      About better
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16-Mar-2022 15:45 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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I have pretty much expected price to settle back to around 8.8 - 8.9 after the last run up to 9.7.


The 8.6 close yesterday was a bit lower than my expectation. Excluding the impact of the merger announcement in the coming weeks, the Shortist is still the ONE to decide how best to cover his 1-2 billion short position. The tide will only start to turn after Q1 update in May and convincingly so after H1 results around end July.


I am not unhappy about the current price action-  10% up over 6 months. I could load up a bit more hopefully at around 9 cents over the next few months. There will come a time when the news flow will turn decivisively positive. But we are not there just yet.
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16-Mar-2022 00:31 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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Ropax Ferry #1 delivered today. Ka-Ching! $20 mil in.


Next up would be big ticket deliveries of the Karmol FSRU Conversion and Energean FPSO.
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15-Mar-2022 11:42 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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Yup, agree.

MANFREDTMK      ( Date: 15-Mar-2022 09:28) Posted:

It's great if Monday's meeting can resolve the war. Oil price will not crash, but retreat back to the equilibrium level of around $80.The root cause of rising commodity prices is ultra loose Quantitative Easing GLOBALLY, the war simply act as a catalyst. Even before the war, commodity prices have been rising. The greatest concern for equity markets worldwide is monetary tightening, and for SM, the terms of exchange for the merger. Hopefully this time, minority shareholders will not be shortchanged again. 🙏 🙏 🙏

Silo1234      ( Date: 14-Mar-2022 19:39) Posted:

War ending in days rather than months.............that why share price and oil price and gold prices dropping fast..................


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14-Mar-2022 09:49 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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👍 👍 👍

dcproperty      ( Date: 14-Mar-2022 09:08) Posted:

Bro MANFREDTMK,

1. During the last RI, TH has already said that they wanna continue to float SM in the market. But these negativists cook and cook stories for privatization.

2. If TH really wants to privatize SM, they should do it at $0.08. 

Total number of shares not own by TH = 14.28b
If privatized at $0.12 = (0.12-0.08) x 14.28 = $0.5712b. Which means TH has to pay $0.5712b more at $0.12. That works out to be $1.7b at $0.12 for the balance shares TH not owning. 

3. Indirectly, these negativists admit that SM is in much better shape and market conditions are much better for SM&rsquo s industry. That is the ground they keep saying TH privatizing SM. This is what I am super happy to hear


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11-Mar-2022 18:31 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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👍 👍 👍

MANFREDTMK      ( Date: 11-Mar-2022 18:25) Posted:

I collected yesterday at average 9.15 cents. I am very comfortable as I don't believe in playing Contra

better      ( Date: 11-Mar-2022 17:33) Posted:

Bingo!  managed to collect 500k at 9.0 cents just now.

 

 


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11-Mar-2022 17:35 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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Order Detail

Action
Buy
Transaction ID
20220311000007172
Symbol
S51
Stock Name
SEMBCORP MARINE
Filled Price
SGD 0.09000
Status
Filled
Special Instructions
None
Order Date and Time
11/03/2022 11:30:43 AM
Order Type
Limit Order
Good Till
08/04/2022
Quantity
500000
Filled Quantity
500000
Outstanding Quantity
0

Filled Details

Filled Quantity @ Price Date (Market Time) Counter Party
500000 SGD 0.09000 11/03/2022 ABN AMRO
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11-Mar-2022 17:33 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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Bingo!  managed to collect 500k at 9.0 cents just now.

 

 


better      ( Date: 03-Mar-2022 16:21) Posted:

It is more likely to settle down around 9 cents then to chiong to 10 cents in the next few weeks.


I would explain later....

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11-Mar-2022 14:47 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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Be careful when you follow blindly all the Gila men to buy, they might lead you to Holland....

Chagataii      ( Date: 11-Mar-2022 14:11) Posted:

Manfried now quoting himself lol 😂 that why I say Gila already 🤣

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10-Mar-2022 21:57 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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Hahaha... 似 乎 是 。 。 。

blackpearl      ( Date: 10-Mar-2022 15:15) Posted:

曹 操 似 乎 不 會 中 文 &hellip 🤔 🤫

better      ( Date: 10-Mar-2022 12:58) Posted:

说 曹 操 , 。 。 。 。


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10-Mar-2022 12:58 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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说 曹 操 , 。 。 。 。

weekaykee      ( Date: 10-Mar-2022 12:46) Posted:

What do you expect of bots responding to each other? They are still not as smart as humans.

Chagataii      ( Date: 10-Mar-2022 12:44) Posted:

The PHI Gila already best ignore him


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10-Mar-2022 12:34 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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说 曹 操 , 。 。 。

PHInsider63      ( Date: 10-Mar-2022 12:13) Posted:

DC is honest to admit him joining the long position though some paper loss.
But another rounds of rights is totally not possible.
SM worst is over and can only be better moving forward.
The rest of C suite have gone into hiding.
I am waiting for our Abang Better to comment.

MANFREDTMK      ( Date: 10-Mar-2022 11:46) Posted:

Yes, I think there is still meat, had bought another 500 lots at average 9.15 cents. BETTER has already said a few days ago that it will consolidate at 9 cents for a while before it shoot up to 10. I think this is healthy and more sustainable. I don't think the 8 series will be revisited.


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08-Mar-2022 21:20 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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👍 👍 👍

PHInsider63      ( Date: 08-Mar-2022 17:43) Posted:

You are the best.
Hope the price can cross your average price of 0.13.
I am quite deep in the money now. I am still holding to my 10m shares.


better      ( Date: 08-Mar-2022 15:58) Posted:

They are mostly paid by the day or the hour. Contract or temp staffs. Shortist don't pay, they don't work


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08-Mar-2022 15:58 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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They are mostly paid by the day or the hour. Contract or temp staffs. Shortist don't pay, they don't work.

PHInsider63      ( Date: 08-Mar-2022 15:10) Posted:

I got a gut feel those negativists with C pseudonyms are all the same person.
It can t be ALL disappear now when SM is rallying.

MANFREDTMK      ( Date: 08-Mar-2022 10:17) Posted:

I think they reached the Beh Tahan level and went in this morning to buy at 9.8 cents. Yes, they will Be Back with good news 😄 😄 😄


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08-Mar-2022 01:01 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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Transocean, who is going to owe SCM  $620mil as a result of yard financing, is up 14% in early US trading.  smiley

 

Transocean Ltd. (RIG)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
 
4.8422+0.6022  (+14.2028%)
As of 11:57AM EST. Market open.
 
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08-Mar-2022 00:56 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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Breaking news!  Borr Drilling, SCM' s biggest debtor owing $1.1 billion, is up 20% this morning.
 

Borr Drilling Limited (BORR)

NYSE - Nasdaq Real Time Price. Currency in USD
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3.7466+0.6166  (+19.6997%)
As of 11:52AM EST. Market open.
 
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07-Mar-2022 22:56 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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NTA per share of around 0.15 sounds about right if we take away the over provision made in FY 2021.

PHInsider63      ( Date: 07-Mar-2022 16:08) Posted:

Most likely the merger may be based on Book a value using 2022 FY as benchmark.
This may favour SM as they have a huge chunk of cost already provided in 2021 and will reverse back.

Book Value is around 0.12 plus and the correct book value after writing back should be 0.15.

Not sure about this. Perhaps better can comment.

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07-Mar-2022 09:23 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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👍

dcproperty      ( Date: 07-Mar-2022 09:21) Posted:

Those negative guys work so hard, non stop even on weekends. If they are truly not vested, not short on SM, why need to work so hard even on weekends?

The only explanation is that they

are getting paid by big BBs to create those postings. They are just bloggers.

They get paid on Saturdays and Sundays by posting those negative viewpoints, so

that big BBs can be bought at the suppressed prices.

The true investors (Whether hold

on to buy, long or short positions), are rest on Sat and Sundays. Only bloggers

are working on weekends

To those sideliners, it is still a good price to buy now. After merging, most likely, no more this price to get hold of an international super yard corporation.


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07-Mar-2022 08:56 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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Brent Crude @ $129
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06-Mar-2022 17:45 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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Bravo, it takes courage to admit your mistake and rectify your erroneous statements.  laugh

lukewong82      ( Date: 06-Mar-2022 17:32) Posted:

Sure.. everyone can dream.. u can also dream one day SCM will become Amazon of o& g .. sure :)
maybe one day SCM will trade at $35 like DBS.. Good luck to you then.

Is ur $$$ not mine...

 

better      ( Date: 06-Mar-2022 17:23) Posted:

What you said was actually what people lamented when Amazon dropped from $80+ in Nov 1999 to $6 one year later.  Is that normal?


In any case, if you have subscribed to the 2 rights issue, your average would be about 16 cents. Temasek' s average is about 14 cents.


Many of the SCM supporters here are averaging about 8-9 cents. Those who wanted to sell would have sold already much earlier.  smiley  Sunny days ahead


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06-Mar-2022 17:23 Seatrium   /   Sembmarine_Green is the new gold_a better future       Go to Message
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What you said was actually what people lamented when Amazon dropped from $80+ in Nov 1999 to $6 one year later.  Is that normal?


In any case, if you have subscribed to the 2 rights issue, your average would be about 16 cents. Temasek' s average is about 14 cents.


Many of the SCM supporters here are averaging about 8-9 cents. Those who wanted to sell would have sold already much earlier.  smiley  Sunny days ahead.

lukewong82      ( Date: 06-Mar-2022 16:41) Posted:

This is what I read when Semb marine was trading at 80+ cents. Many ppl say the same thing....
" That' s because SM will continue its upward trend on the whole, in the near term, not withstanding some pullback which is normal."

Fast foward 2 years later, from 80+ cents become 9 cents and this so called " pullback" is normal? I wonder whether from 80+ cents to 9 cents is normal or not

Sometimes too stubborn and falling in love with a counter is not a wise move when there are so many counters out there.

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