| Latest Forum Topics / Seatrium Last:0.091 -- |
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Sembmarine
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Longtermer
Elite |
30-Dec-2019 16:55
Yells: "A disciplined investor is a wealthy investor" |
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Was surprised SM is not running with the OG stocks revival.  Just announced 2 contracts with more to come. I believe soon the counter will chase. Pls dyodd. Cheers. |
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Longtermer
Elite |
30-Dec-2019 16:51
Yells: "A disciplined investor is a wealthy investor" |
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Francisgohyc
Master |
27-Dec-2019 09:22
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Now the price is at $1.34 up  3 cents Volume traded is 1.78 million Trading volume have pick up recently, the worst maybe is over Hope more contract win and fund manager start to buy up this forgotten stock Cheer and vested   |
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TraderBen
Supreme |
27-Dec-2019 07:40
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Contract win doesn?t boost it at all. Let?s wait for funds to re initiate buy call | ||||
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Francisgohyc
Master |
26-Dec-2019 12:05
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Hope oil rig  contract comimg soon, I am still very far from my buying price Previously win over 14K but now paper loss 16k, didn' t expect that it will drop below $1.50  
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Jamesbond007
Veteran |
26-Dec-2019 10:33
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Worst is over. Had gone in a little too early. | ||||
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Dreamer_1234
Senior |
26-Dec-2019 10:01
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Wow great news! Looking forward to shooting stars
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Francisgohyc
Master |
26-Dec-2019 09:06
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  Sembcorp Marine bags two offshore platform projects valued over S$550 million The Group will take on fabrication and offshore brownfield integration works for two well-head platforms, under North Oil Company&rsquo s Gallaf Batch 2 Project to maintain production capacity at Al Shaheen oil field in Qatar  Separately, Sembcorp Marine will also fabricate certain platforms and related bridges for the Tyra field redevelopment project in Danish North Sea  
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Francisgohyc
Master |
26-Dec-2019 09:01
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Now $1.33  up 5cents volume 1 million Time to move up ....... |
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danger
Supreme |
26-Dec-2019 08:59
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$140 dollar !! that is a masssivew few thousand % jump
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Singpost
Master |
26-Dec-2019 08:55
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Up jump to $140 | ||||
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danger
Supreme |
26-Dec-2019 08:46
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LOAD !!! | ||||
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danger
Supreme |
26-Dec-2019 08:11
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SANTA CHRISTMAS PRESENT !!! (Dec 26): Sembcorp Marine, the engineering solutions provider to the global offshore, marine and energy industries, has announced the win of two new offshore platform contracts worth over $550 million.   The first contract will see SembMarine will team up with customer North Oil Company (NOC) to fabricate two well-head platforms for the Al Shaheen oil field, which is operated by NOC.   One of the world s biggest oil reserves, Al Shaheen is the largest oil field in Qatar, contributing to 45% of the country& rsquo s oil production.   Under the contract, SembMarine will be involved in engineering, procurement, construction, installation, commissioning and offshore brownfield integration of the two well-head platforms.   In the second contract, SembMarine will fabricate certain platforms and bridges for Total E& P Danmark in the Tyra Redevelopment Project & ndash the largest gas condensate field in the Danish sector of the North Sea. |
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guards80
Supreme |
26-Dec-2019 07:13
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Sembcorp Marine: General Announcement :: Sembcorp Marine Bags Two Offshore Platform Projects valued over S$550 million | ||||
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PEWVAW
Senior |
17-Dec-2019 04:01
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Will O& M sector' s long winter end in 2020? 2019-12-11 00:35:28.2 GMT By Anita Gabriel Dec. 11 (Business Times) -- SINGAPORE' s sizeable offshore and marine (O& M) sector may not have lived up to the much-hyped recovery that many investors had expected this year following a prolonged slowdown since the oil slump in 2014 but its two major players - Keppel Corp and Sembcorp Marine - did pull their weight in unexpected ways. There is always next year. So far the signs are good, with the latest news of production curbs by the Organization of the Petroleum Exporting Countries (OPEC) currently chaired by Saudi Arabia fewer barrels in the market next quarter will help to support oil prices, imbuing hopes of a recovery for the offshore sector in 2020. Looking back, 2019 can be considered the year in which Keppel and SembMarine, the world' s two largest rigbuilders, finally made peace with investors after they resolved a chief source of anxiety related to the Brazil corruption scandal that had led to frozen orders worth some US$10 billion. In October, the sector stalwarts reached a settlement deal with troubled Sete Brasil that set them free from a four-year-long overhang. The settlement which also paves the way for the completion of the rigs and drillships which ought to be a boon to their topline and bottom line, with some analysts expecting an even sweeter outcome in the form of potential write-backs. That same month, Singapore' s investment firm Temasek Holdings made investors giddy with excitement when it launched a S$4 billion partial bid for Keppel. Temasek' s surprise move was read as an effort to shake things up and restructure the conglomerate' s waning O& M business, sparkling speculation of a merger with SembMarine. The deal' s long-stop date of October 2020 could re-ignite enthusiasm over the long-wished-for potential consolidation next year as the date inches closer. This, in turn, could generate excitement among its sector peers as well. The upbeat news has somewhat overcome earlier disappointment over third quarter earnings reported by Keppel, SembMarine and the latter' s parent Sembcorp Industries. There were also corporate ma-noeuvres elsewhere, with Malaysian tycoon Robert Kuok launching in early November a voluntary conditional cash offer to take Pacc Offshore Services Holdings (POSH) private. RHB Research is overweight on the O& M sector on the back of stronger orderbooks next year. For the first nine months to Sept 30, Keppel O& M snagged new contracts worth S$1.9 billion versus S$1.7 billion for the whole of 2018. Some 60 per cent of the jobs are for LNG and renewables-related projects, a sign of the firm' s pivot away from an over reliance on oil. SembMarine' s new contract wins for the nine-month period have also been robust, at S$845 million compared with S$730 million year-to-September last year. RHB Research expects the uptick in new orders to persist in 2020, more so given the expected stability in crude oil prices. Icing on the cake The icing on the cake for the sector came last week after Opec and its allies agreed to deeper-than-expected production cuts in the first quarter of 2020 to prop up crude prices amid a looming supply glut. Crude prices rallied by nearly 3 per cent last Friday in less than an hour following the bullish surprise with benchmarks Brent and West Texas Intermediate (WTI) closing the week at two-and-a-half-month highs. The exuberance has since tapered off with market expectations that Brent is likely to largely trade in the low US$60 per barrel range next year. Copyright 2019 Singapore Press Holdings   |
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TA_Expert
Supreme |
17-Dec-2019 01:03
Yells: "The World has changed" |
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Lowest level was $1.09 this year before it rebounded strongly because of Keppel Corp' s news. Seems strong support at above $1.20. |
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analysistar
Senior |
16-Dec-2019 15:34
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should be dropped to $1. losing # | ||||
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leex0025
Senior |
16-Dec-2019 13:54
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This counter so stagnant sia.. wait till neck long long :/ | ||||
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vivacious
Supreme |
16-Dec-2019 08:34
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sold 129 last fri, looking to buy back | ||||
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leex0025
Senior |
15-Dec-2019 21:24
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okieee! lai ah!!!
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