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SteveJobless Member	21-Mar-2022 09:54        SteveJobless About Contact  Quote this Post!
x 0   x 0  Alert Admin	KOM-SM merger will be in KOM' s favour. Don' t even doubt that. Its a business world. Needless to say, Wong will be outclassed by Loh, who is an astute businessman, and Loh won' t accept the deal based on the perceptions of SM shareholders. Nothing else is a sure thing except this. PHInsider63      ( Date: 21-Mar-2022 09:27) Posted: SIA is the pride of Singapore, flagship of the Great LKY, the hallmark of Singapore success story. This is a hardcore reality that EVERYONE and EVERY SINGLE CITIZEN of Singapore needs to take pride in. That said, there are several industries that Sg Gov has to safeguard. Being an island nation, the marine industry is a pivotal sector that needs to protect and prosper. This fact was affirmed by many of the ministers in the past. Of course we have KOM but Gov being Gov, think-tanker scholars would want consolidation of that sector. Very much like DBS-POSB in the hey days. We shall see how SM-KOM pans out in due course. Yes, in terms of size, SM pales in comparison with SIA but in terms of significance, I would say both are just as strategic. ckmpd1      ( Date: 21-Mar-2022 09:20) Posted: Fully agree with you.  SIA' s is world class and world renowned. SCM cant even compare to Korean and Chinese yards.  If SG govt has to choose which company to save, it will be SIA.  That is why although SIA lost few billions $ in 2020 and 2021 and is still very unsure in 2022, I am still eye-ing SI
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ckmpd1 Supreme	21-Mar-2022 09:51        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes.  we hope NOL debacle will not be repeated. But sometimes stupidty of govt knows no bounds.  The fact is NOL was ,is,amaged and sold.  It can happen to SCM.  Like I said, SCM is not as important as some of us think PHInsider63      ( Date: 21-Mar-2022 09:47) Posted: 👍 NOL debacle cannot be repeated TH probably used NOL as a case study that they need to consolidate or face the same fate as NOL. When size does matter in this industry, consolidation is the only panacea in any crisis though the process can be painful for shareholders (from $ to cents in price now) and two rights exercises. ckmpd1      ( Date: 21-Mar-2022 09:38) Posted: Agree.  In land scarce Singapore, maintaining strategic links to the world is important to Singapore.  We must keep our air links and sea links open.  We must maintain self sufficiency in plying our air routes and sea routes. So SIA and NOL were very important and critical to us.  It came as a shock when Singapore govt unwisely mismanaged NOL and allowed it to be sold to CMA in 2016.  That was painful.  It just showed that SG govt is not totally wise and can make silly errors. Hope that SG learns the hard lesson of sell NOL and chopped off our sea reach to the world. NOL saga shows that SG will not save SCM at all cost.  SCM is no SIA.  Neither is SCM equal to NOL.  The saving grace is SG govt has invested heavily in TUAS yard. If anything, shareholders are going to foot the cost, not Singaporean
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PHInsider63 Veteran	21-Mar-2022 09:47        PHInsider63 About Contact  Quote this Post!
x 0   x 0  Alert Admin	👍 NOL debacle cannot be repeated TH probably used NOL as a case study that they need to consolidate or face the same fate as NOL. When size does matter in this industry, consolidation is the only panacea in any crisis though the process can be painful for shareholders (from $ to cents in price now) and two rights exercises. ckmpd1      ( Date: 21-Mar-2022 09:38) Posted: Agree.  In land scarce Singapore, maintaining strategic links to the world is important to Singapore.  We must keep our air links and sea links open.  We must maintain self sufficiency in plying our air routes and sea routes. So SIA and NOL were very important and critical to us.  It came as a shock when Singapore govt unwisely mismanaged NOL and allowed it to be sold to CMA in 2016.  That was painful.  It just showed that SG govt is not totally wise and can make silly errors. Hope that SG learns the hard lesson of sell NOL and chopped off our sea reach to the world. NOL saga shows that SG will not save SCM at all cost.  SCM is no SIA.  Neither is SCM equal to NOL.  The saving grace is SG govt has invested heavily in TUAS yard. If anything, shareholders are going to foot the cost, not Singaporeans PHInsider63      ( Date: 21-Mar-2022 09:27) Posted: SIA is the pride of Singapore, flagship of the Great LKY, the hallmark of Singapore success story. This is a hardcore reality that EVERYONE and EVERY SINGLE CITIZEN of Singapore needs to take pride in. That said, there are several industries that Sg Gov has to safeguard. Being an island nation, the marine industry is a pivotal sector that needs to protect and prosper. This fact was affirmed by many of the ministers in the past. Of course we have KOM but Gov being Gov, think-tanker scholars would want consolidation of that sector. Very much like DBS-POSB in the hey days. We shall see how SM-KOM pans out in due course. Yes, in terms of size, SM pales in comparison with SIA but in terms of significance, I would say both are just as strategic.
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ckmpd1 Supreme	21-Mar-2022 09:38        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree.  In land scarce Singapore, maintaining strategic links to the world is important to Singapore.  We must keep our air links and sea links open.  We must maintain self sufficiency in plying our air routes and sea routes. So SIA and NOL were very important and critical to us.  It came as a shock when Singapore govt unwisely mismanaged NOL and allowed it to be sold to CMA in 2016.  That was painful.  It just showed that SG govt is not totally wise and can make silly errors. Hope that SG learns the hard lesson of sell NOL and chopped off our sea reach to the world. NOL saga shows that SG will not save SCM at all cost.  SCM is no SIA.  Neither is SCM equal to NOL.  The saving grace is SG govt has invested heavily in TUAS yard. If anything, shareholders are going to foot the cost, not Singaporeans PHInsider63      ( Date: 21-Mar-2022 09:27) Posted: SIA is the pride of Singapore, flagship of the Great LKY, the hallmark of Singapore success story. This is a hardcore reality that EVERYONE and EVERY SINGLE CITIZEN of Singapore needs to take pride in. That said, there are several industries that Sg Gov has to safeguard. Being an island nation, the marine industry is a pivotal sector that needs to protect and prosper. This fact was affirmed by many of the ministers in the past. Of course we have KOM but Gov being Gov, think-tanker scholars would want consolidation of that sector. Very much like DBS-POSB in the hey days. We shall see how SM-KOM pans out in due course. Yes, in terms of size, SM pales in comparison with SIA but in terms of significance, I would say both are just as strategic. ckmpd1      ( Date: 21-Mar-2022 09:20) Posted: Fully agree with you.  SIA' s is world class and world renowned. SCM cant even compare to Korean and Chinese yards.  If SG govt has to choose which company to save, it will be SIA.  That is why although SIA lost few billions $ in 2020 and 2021 and is still very unsure in 2022, I am still eye-ing SI
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PHInsider63 Veteran	21-Mar-2022 09:27        PHInsider63 About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIA is the pride of Singapore, flagship of the Great LKY, the hallmark of Singapore success story. This is a hardcore reality that EVERYONE and EVERY SINGLE CITIZEN of Singapore needs to take pride in. That said, there are several industries that Sg Gov has to safeguard. Being an island nation, the marine industry is a pivotal sector that needs to protect and prosper. This fact was affirmed by many of the ministers in the past. Of course we have KOM but Gov being Gov, think-tanker scholars would want consolidation of that sector. Very much like DBS-POSB in the hey days. We shall see how SM-KOM pans out in due course. Yes, in terms of size, SM pales in comparison with SIA but in terms of significance, I would say both are just as strategic. ckmpd1      ( Date: 21-Mar-2022 09:20) Posted: Fully agree with you.  SIA' s is world class and world renowned. SCM cant even compare to Korean and Chinese yards.  If SG govt has to choose which company to save, it will be SIA.  That is why although SIA lost few billions $ in 2020 and 2021 and is still very unsure in 2022, I am still eye-ing SIA weekaykee      ( Date: 21-Mar-2022 08:33) Posted: Cannot compare SIA with SCM. Temasek is trying to make some money out of it if possible, but TC/Govt will not care if they have to write SCM off,since their primary objective of making money from SCI has already been achieved. SCM / KOM is foreign blue-collar workers intensive with little impact on Singapore and Singapore will be better off to dispense with such industries
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ckmpd1 Supreme	21-Mar-2022 09:20        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Fully agree with you.  SIA' s is world class and world renowned. SCM cant even compare to Korean and Chinese yards.  If SG govt has to choose which company to save, it will be SIA.  That is why although SIA lost few billions $ in 2020 and 2021 and is still very unsure in 2022, I am still eye-ing SIA weekaykee      ( Date: 21-Mar-2022 08:33) Posted: Cannot compare SIA with SCM. Temasek is trying to make some money out of it if possible, but TC/Govt will not care if they have to write SCM off,since their primary objective of making money from SCI has already been achieved. SCM / KOM is foreign blue-collar workers intensive with little impact on Singapore and Singapore will be better off to dispense with such industries. SteveJobless      ( Date: 20-Mar-2022 21:08) Posted: That is exactly the point. And the govt have much more billions to support SIA indefinitely. SIA is like a freehold property. Even perpetual borrowing is not an issue for SIA. Whereas, SM is like a 99 years leasehold property with a remaining 40 years lease, so getting financing is a mammoth task. SM is lucky to have savy investors like " Better" and " dcproperty" helping to keep SM afloat in the " drydock" .
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weekaykee Master	21-Mar-2022 08:33        weekaykee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cannot compare SIA with SCM. Temasek is trying to make some money out of it if possible, but TC/Govt will not care if they have to write SCM off,since their primary objective of making money from SCI has already been achieved. SCM / KOM is foreign blue-collar workers intensive with little impact on Singapore and Singapore will be better off to dispense with such industries. SteveJobless      ( Date: 20-Mar-2022 21:08) Posted: That is exactly the point. And the govt have much more billions to support SIA indefinitely. SIA is like a freehold property. Even perpetual borrowing is not an issue for SIA. Whereas, SM is like a 99 years leasehold property with a remaining 40 years lease, so getting financing is a mammoth task. SM is lucky to have savy investors like " Better" and " dcproperty" helping to keep SM afloat in the " drydock" .  ckmpd1      ( Date: 20-Mar-2022 20:49) Posted: technically SIA is financially insolvent. sia is facing a lot of uncertainties.  the govt has spent billions to support sia in the last two years.  plus RI and MCB.
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ckmpd1 Supreme	20-Mar-2022 21:33        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree.  sia used to make good profits and paid good dividends. it lost billions in 2020 and 2021.  Recovery is slow. SIA is fortunate that it is mSingapore' s pride.  But if no profits and no good dividends, its price cant soar like previous years.  If covid persists, sia' s price will remain depressed SteveJobless      ( Date: 20-Mar-2022 21:08) Posted: That is exactly the point. And the govt have much more billions to support SIA indefinitely. SIA is like a freehold property. Even perpetual borrowing is not an issue for SIA. Whereas, SM is like a 99 years leasehold property with a remaining 40 years lease, so getting financing is a mammoth task. SM is lucky to have savy investors like " Better" and " dcproperty" helping to keep SM afloat in the " drydock" .  ckmpd1      ( Date: 20-Mar-2022 20:49) Posted: technically SIA is financially insolvent. sia is facing a lot of uncertainties.  the govt has spent billions to support sia in the last two years.  plus RI and MCB.
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SteveJobless Member	20-Mar-2022 21:08        SteveJobless About Contact  Quote this Post!
x 0   x 0  Alert Admin	That is exactly the point. And the govt have much more billions to support SIA indefinitely. SIA is like a freehold property. Even perpetual borrowing is not an issue for SIA. Whereas, SM is like a 99 years leasehold property with a remaining 40 years lease, so getting financing is a mammoth task. SM is lucky to have savy investors like " Better" and " dcproperty" helping to keep SM afloat in the " drydock" .  ckmpd1      ( Date: 20-Mar-2022 20:49) Posted: technically SIA is financially insolvent. sia is facing a lot of uncertainties.  the govt has spent billions to support sia in the last two years.  plus RI and MCB.    SteveJobless      ( Date: 20-Mar-2022 20:16) Posted: SIA is a national pride. Will never go under
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ckmpd1 Supreme	20-Mar-2022 20:49        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	technically SIA is financially insolvent. sia is facing a lot of uncertainties.  the govt has spent billions to support sia in the last two years.  plus RI and MCB.    SteveJobless      ( Date: 20-Mar-2022 20:16) Posted: SIA is a national pride. Will never go under. ckmpd1      ( Date: 20-Mar-2022 19:36) Posted: SIA has a strong undercurren
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SteveJobless Member	20-Mar-2022 20:16        SteveJobless About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIA is a national pride. Will never go under. ckmpd1      ( Date: 20-Mar-2022 19:36) Posted: SIA has a strong undercurrent SteveJobless      ( Date: 20-Mar-2022 17:58) Posted: It is the undercurrent that kills. Stay Alert!
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ckmpd1 Supreme	20-Mar-2022 19:36        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIA has a strong undercurrent SteveJobless      ( Date: 20-Mar-2022 17:58) Posted: It is the undercurrent that kills. Stay Alert!  ckmpd1      ( Date: 20-Mar-2022 17:40) Posted: Both of you seem to be very current and updated
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ckmpd1 Supreme	20-Mar-2022 19:16        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes.  must stay alert,  I ditched SCM last year for KC, SPH, Singtel and SCI SteveJobless      ( Date: 20-Mar-2022 17:58) Posted: It is the undercurrent that kills. Stay Alert!  ckmpd1      ( Date: 20-Mar-2022 17:40) Posted: Both of you seem to be very current and updated
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newbie19 Supreme	20-Mar-2022 18:54        newbie19 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	I remembered Macallan and Johnny Black u said before.. I like Macallan Double Cask 18 yrs old..😁 Chagataii      ( Date: 20-Mar-2022 18:42) Posted: If go 15c back to Mccalen whiskey and Johnny Black 😀
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Chagataii Veteran	20-Mar-2022 18:42        Chagataii About Contact  Quote this Post!
x 0   x 0  Alert Admin	If go 15c back to Mccalen whiskey and Johnny Black 😀
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SteveJobless Member	20-Mar-2022 17:58        SteveJobless About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is the undercurrent that kills. Stay Alert!  ckmpd1      ( Date: 20-Mar-2022 17:40) Posted: Both of you seem to be very current and updated newbie19      ( Date: 20-Mar-2022 17:34) Posted: I m like u bro....u average SCM and i avg down Keppel Corp.. I thought u like whisky 😁 😁
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ckmpd1 Supreme	20-Mar-2022 17:40        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Both of you seem to be very current and updated newbie19      ( Date: 20-Mar-2022 17:34) Posted: I m like u bro....u average SCM and i avg down Keppel Corp.. I thought u like whisky 😁 😁 Chagataii      ( Date: 20-Mar-2022 17:17) Posted: I got no choice to buy in big because I was vested in semby since many years so now I average down to about 12c about there break even and got left overs for a few beers and seafood la. It also takes a lot of savings and winnings from other counters to bet on semby above 15c in a few weeks time I dunno
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newbie19 Supreme	20-Mar-2022 17:34        newbie19 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	I m like u bro....u average SCM and i avg down Keppel Corp.. I thought u like whisky 😁 😁 Chagataii      ( Date: 20-Mar-2022 17:17) Posted: I got no choice to buy in big because I was vested in semby since many years so now I average down to about 12c about there break even and got left overs for a few beers and seafood la. It also takes a lot of savings and winnings from other counters to bet on semby above 15c in a few weeks time I dunno
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ckmpd1 Supreme	20-Mar-2022 17:28        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Trust all will turn out well, Chagatai Chagataii      ( Date: 20-Mar-2022 17:17) Posted: I got no choice to buy in big because I was vested in semby since many years so now I average down to about 12c about there break even and got left overs for a few beers and seafood la. It also takes a lot of savings and winnings from other counters to bet on semby above 15c in a few weeks time I dunno
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Chagataii Veteran	20-Mar-2022 17:19        Chagataii About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is 2 million shares not lots 🤷 ‍ ♂ ️
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