| Latest Forum Topics / Seatrium Last:0.091 -- |
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SEMBMARINE - A NEW CHAPTER - DEMERGED
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St.Maximus
Supreme |
26-Oct-2020 20:33
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I guess SCI shareholders are happy to let go of SMM so that it is no longer their subsidiary company.
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naoshingo
Elite |
26-Oct-2020 20:31
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Exactly..both SM and KC O& M are fighting for almost the same job,,,,even offshore wind farm.... It is so dump to ownself fight ownself....as a result KC O& M drag the whole KC down.....
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St.Maximus
Supreme |
26-Oct-2020 20:29
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Are you suggesting that TH wants to suppress SembMar price?
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naoshingo
Elite |
26-Oct-2020 20:28
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And we think that SCI SH will accept SM shares during demerger???  ![]()
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ckmpd1
Supreme |
26-Oct-2020 20:28
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That is one of many possibilities.  Which investore= wld have thought of a SCI/SCM demerger earlier this yr?  I wont be surprised if TH announces some surprises for SCM in the next few months.  The lower SCM price drops, the sooner TH will announce
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Longtermer
Elite |
26-Oct-2020 20:26
Yells: "A disciplined investor is a wealthy investor" |
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TH need to do something for all their GLC to stay relevant in the current environment. The pandemic is likely to be a prolonged affair and lean and focused companies will do sell to survive and thrive.w It is not good or even stupid to compete among or between their own OG companies for similiar jobs. The real competition is outside Singapore against the likes of the Korean and Chinese yards etc.. Imo, Merging the 2 will have costs savings for their OG biz and also strenghten the talents and capability for the new merged company to fight the competition and win jobs. Besides,  Keppel will also be able to focus on their other core biz.. like SCI. Doing something now will be more platable to SH unlike 18 yrs back... Just feel that the time is right and probably near.   
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St.Maximus
Supreme |
26-Oct-2020 20:25
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And we think that KC shareholders will accept SMM into their equity, to accept SMM as a subsidiary company?
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ckmpd1
Supreme |
26-Oct-2020 20:24
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Agree. The govt will not allow SCM to crash and lose thousands of jobs.  TH will do something soon.  Investors need to be patient.  They want to see a suppressed SCM price before they annopunce their plans and make a kill.
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naoshingo
Elite |
26-Oct-2020 20:21
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That' s right... The media has been hot on this for the past months.... Ask ourselves this qns...why demger from SCI? So as to let SCI fly and SM to crash and burn and loose jobs, shipyard close down? Remember...the story of the demerger...." Creation of Two Focused Companines" ...Oooo.... ![]() Not one fly while the other crash...
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naoshingo
Elite |
26-Oct-2020 20:18
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I doubt need to issue rights.,...I am not a pro...just speculating... 1. TH facilitate in the asset injection into SCM...through loan to SM to buy over.. 2. TH offers KC SH SM shares 3. KC receives  SM shares into it' s equity as a direct ownership into SM.  ![]()
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Stocky901
Supreme |
26-Oct-2020 20:11
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KC may need to issue rights to spin off the KOM division and then can talk about merging with SCM.. KC 's may plunge further if that happens. dyodd.
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ckmpd1
Supreme |
26-Oct-2020 20:11
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Longtermer
Elite |
26-Oct-2020 20:10
Yells: "A disciplined investor is a wealthy investor" |
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I believe this merger or takeover or buyover plan is in the making... Just waiting for TH move..  
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naoshingo
Elite |
26-Oct-2020 20:07
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Ya...the build up to the eventual event by the media is HOT... We' ll see.... ![]() Nobody would thought that SCI would propose to demerge from SM....also very unlikely...  
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St.Maximus
Supreme |
26-Oct-2020 20:04
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This is highly unlikely.
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naoshingo
Elite |
26-Oct-2020 19:41
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When KC O& M merged into SM  ![]()
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St.Maximus
Supreme |
26-Oct-2020 19:39
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You mean when you see 777 on your SMM screens?
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naoshingo
Elite |
26-Oct-2020 19:37
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I am holding on for the " jackpot" moment  ![]()
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better
Elite |
26-Oct-2020 19:16
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Totally agreed, especially point no. 1 Very little of what is said here affects the share price.  SMM' s share will do what it wants to do at the time it decides to do, regardless of the comments on this forum.
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St.Maximus
Supreme |
26-Oct-2020 18:05
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Exactly, only buy back under 10 cents if SembMar changes name to Submarine and operates like one. Otherwise, abandon ship forever, all aboard! A murky, watery grave awaits... ...
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