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SembCorp Marine- The new Frontier. Post Reply Rate topic
MANFREDTMK Master	03-Jul-2021 12:42        MANFREDTMK About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are absolutely spot on. What SembCorp does in a year in revenue, Yangzijiang does it in a quarter 😇 . And YZJ is overwhelmed with a deluge of new orders, keeping them busy till at least 2024 based on the orders secured.They use automation which allows them to produce cheaper and deliver vessels with high quality and ahead of schedule. Hence, the diversification into Green Energy projects since 2017 is a vital step in the right direction, as mentioned by you, now constitutes 50% of the businesses. SM will ride through this storm in a cup. By the time the Rights is over by September, all those who wanted to sell would have sold, a small increase in buying would cause a squirk. I think 🤔 better      ( Date: 03-Jul-2021 08:40) Posted: ADS2200      ( Date: 03-Jul-2021 08:06) Posted: Calmroom, many are trying to say there is no difference between demerger and merger no change in the O& M marine industry then and now. Many agreed that SG does not need to have KOM and SMM to undercut themselves for the same sector " eating into each other dinner/profits. It is a good thing that market is shifting and improving. Relook and Refocus. ​ Let' s face it. Singapore does not need two offshore juggernauts, weather-beaten and loss making as they are from a prolonged oil slump, and not least because the real competition is out there (think, Korea and China). While the sharpest cut came from last year' s historic oil crash on the back of pandemic-led lockdowns which hurt energy demand, oil prices have never quite recovered from the 2015 downturn. That' s a long time for a business to stay in the doldrums. A consolidation that could result in a leaner and tougher entity may be just the antidote to deal with a hostile climate bursting with competition, overcapacity and fewer jobs as a result of retreating oil prices. So far this year, crude prices have risen over 70 per cent from a year ago, but the wider macro setting for the sector remains tough alongside the global energy sector' s transitions away from oil. But a sweet spot has emerged from the booming energy transition into clean energy which the merged entity hopes to capitalise on. It may not need to even work that hard given its operational and engineering heft, know how and geographical footprint arising from merger synergies. Keppel and SembMarine have already made striking pivots to renewable energy. Of SembMarine' s net order book of S$1.82 billion as at end-2020, 50 per cent comprises orders for greener solutions. More than 80 per cent of Keppel O& M' s S$3.3 billion orderbook as at the same period involved renewables and cleaner fossil fuels such as liquefied natural gas. Both these firms were long known for their traditional business in the offshore drilling rigs business.
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Calmroom Master	03-Jul-2021 12:35        Calmroom About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya, our little Sg is surrounded by sea water so  ships and aeroplanes are super important to us. Now even got real threat from rising sea levels caused by global warming which can do very, very bad stuff to our tiny island home. So I agree with you that T will not allow it to fold. If SMM + Keppel give birth to baby Smeppel, how can Ah Gong T ever abandon cute grandchild? Lol Teresa38      ( Date: 03-Jul-2021 09:00) Posted: The merged entity is 1+ 1 = 3. But it is a long road to recovery. It is  a safe stock though as T will not allow it to fold. At this price, only bones are left. Trading is difficult to make money, buy for hope after merger.
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Teresa38 Member	03-Jul-2021 09:00        Teresa38 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The merged entity is 1+ 1 = 3. But it is a long road to recovery. It is  a safe stock though as T will not allow it to fold. At this price, only bones are left. Trading is difficult to make money, buy for hope after merger.
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better Elite	03-Jul-2021 08:40        better About Contact  Quote this Post!
x 0   x 2  Alert Admin	ADS2200      ( Date: 03-Jul-2021 08:06) Posted: Calmroom, many are trying to say there is no difference between demerger and merger no change in the O& M marine industry then and now. Many agreed that SG does not need to have KOM and SMM to undercut themselves for the same sector " eating into each other dinner/profits. It is a good thing that market is shifting and improving. Relook and Refocus. ​ Let' s face it. Singapore does not need two offshore juggernauts, weather-beaten and loss making as they are from a prolonged oil slump, and not least because the real competition is out there (think, Korea and China). While the sharpest cut came from last year' s historic oil crash on the back of pandemic-led lockdowns which hurt energy demand, oil prices have never quite recovered from the 2015 downturn. That' s a long time for a business to stay in the doldrums. A consolidation that could result in a leaner and tougher entity may be just the antidote to deal with a hostile climate bursting with competition, overcapacity and fewer jobs as a result of retreating oil prices. So far this year, crude prices have risen over 70 per cent from a year ago, but the wider macro setting for the sector remains tough alongside the global energy sector' s transitions away from oil. But a sweet spot has emerged from the booming energy transition into clean energy which the merged entity hopes to capitalise on. It may not need to even work that hard given its operational and engineering heft, know how and geographical footprint arising from merger synergies. Keppel and SembMarine have already made striking pivots to renewable energy. Of SembMarine' s net order book of S$1.82 billion as at end-2020, 50 per cent comprises orders for greener solutions. More than 80 per cent of Keppel O& M' s S$3.3 billion orderbook as at the same period involved renewables and cleaner fossil fuels such as liquefied natural gas. Both these firms were long known for their traditional business in the offshore drilling rigs business.   Calmroom      ( Date: 02-Jul-2021 22:03) Posted: Without a whitewash waiver, I feel got high chance for Temasek to make an offer that nobody can say is unfair and unreasonable. Or else other companies thinking of delisting sure to make use of Temasek' s lowball offer as a NATIONAL example to " emulate" .  Hmm, makes me recall a possible scenario I think you suggested some time ago. What if like that the rights become so popular until NO EXCESS RIGHTS FOR ANYONE even BBs? ( BBs who are secretly reading this thread, better buy extra SMM shares to be safe right? Hehe...
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ADS2200 Veteran	03-Jul-2021 08:06        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Calmroom, many are trying to say there is no difference between demerger and merger no change in the O& M marine industry then and now. Many agreed that SG does not need to have KOM and SMM to undercut themselves for the same sector " eating into each other dinner/profits. It is a good thing that market is shifting and improving. Relook and Refocus. ​ Let' s face it. Singapore does not need two offshore juggernauts, weather-beaten and loss making as they are from a prolonged oil slump, and not least because the real competition is out there (think, Korea and China). While the sharpest cut came from last year' s historic oil crash on the back of pandemic-led lockdowns which hurt energy demand, oil prices have never quite recovered from the 2015 downturn. That' s a long time for a business to stay in the doldrums. A consolidation that could result in a leaner and tougher entity may be just the antidote to deal with a hostile climate bursting with competition, overcapacity and fewer jobs as a result of retreating oil prices. So far this year, crude prices have risen over 70 per cent from a year ago, but the wider macro setting for the sector remains tough alongside the global energy sector' s transitions away from oil. But a sweet spot has emerged from the booming energy transition into clean energy which the merged entity hopes to capitalise on. It may not need to even work that hard given its operational and engineering heft, know how and geographical footprint arising from merger synergies. Keppel and SembMarine have already made striking pivots to renewable energy. Of SembMarine' s net order book of S$1.82 billion as at end-2020, 50 per cent comprises orders for greener solutions. More than 80 per cent of Keppel O& M' s S$3.3 billion orderbook as at the same period involved renewables and cleaner fossil fuels such as liquefied natural gas. Both these firms were long known for their traditional business in the offshore drilling rigs business.   Calmroom      ( Date: 02-Jul-2021 22:03) Posted: Without a whitewash waiver, I feel got high chance for Temasek to make an offer that nobody can say is unfair and unreasonable. Or else other companies thinking of delisting sure to make use of Temasek' s lowball offer as a NATIONAL example to " emulate" .  Hmm, makes me recall a possible scenario I think you suggested some time ago. What if like that the rights become so popular until NO EXCESS RIGHTS FOR ANYONE even BBs? ( BBs who are secretly reading this thread, better buy extra SMM shares to be safe right? Hehe... ) weekaykee      ( Date: 02-Jul-2021 14:54) Posted: This means TH is open to the idea of fully taking over and delisting SCM.  They are being diplomatic by being say that their intention is to keep it listed. The mandatory offer made could be with the intention of delisting and not just obligatory, which implies the offer price could be attractive. While 30 cts is far fetched but 20 cts is highliy plausible, as it will be sufficient to give a profitable escape route to many SHs
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MANFREDTMK Master	03-Jul-2021 00:21        MANFREDTMK About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yangzijiang started building oil rig since 2012. pkli899      ( Date: 02-Jul-2021 19:58) Posted: The shipyard started off doing repairing for British' s Navy vessels. Slowly move up the value chain. YZJ is looking to do so. Moving towards more sophisticated job. My idea cannot be totally rule out, though possibility is very remote. That' s why I said wildest dream mah. U can ignore if u don' t agree la.   weekaykee      ( Date: 02-Jul-2021 15:22) Posted: No idea why some keep comparing / linking to YZJ. YZJ is shipbuiilding and not O& G related
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Calmroom Master	02-Jul-2021 22:03        Calmroom About Contact  Quote this Post!
x 0   x 0  Alert Admin	Without a whitewash waiver, I feel got high chance for Temasek to make an offer that nobody can say is unfair and unreasonable. Or else other companies thinking of delisting sure to make use of Temasek' s lowball offer as a NATIONAL example to " emulate" .  Hmm, makes me recall a possible scenario I think you suggested some time ago. What if like that the rights become so popular until NO EXCESS RIGHTS FOR ANYONE even BBs? ( BBs who are secretly reading this thread, better buy extra SMM shares to be safe right? Hehe... ) weekaykee      ( Date: 02-Jul-2021 14:54) Posted: This means TH is open to the idea of fully taking over and delisting SCM.  They are being diplomatic by being say that their intention is to keep it listed. The mandatory offer made could be with the intention of delisting and not just obligatory, which implies the offer price could be attractive. While 30 cts is far fetched but 20 cts is highliy plausible, as it will be sufficient to give a profitable escape route to many SHs. Calmroom      ( Date: 02-Jul-2021 12:02) Posted: I found this section of the announcement which  may explain why Temasek did not  mention any whitewash waiver even till today: " Temasek has also informed the Company that, in the event  the Compliance Offer is required to be made, the current intention of Temasek is to maintain the listing status of the Company on the SGX-ST but it reserves the right to re-evaluate its position, taking into account, among other things, the level of acceptances received by the offeror and the prevailing market conditions at the relevant time of the Compliance Offer, if and when made."
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pkli899 Supreme	02-Jul-2021 19:58        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The shipyard started off doing repairing for British' s Navy vessels. Slowly move up the value chain. YZJ is looking to do so. Moving towards more sophisticated job. My idea cannot be totally rule out, though possibility is very remote. That' s why I said wildest dream mah. U can ignore if u don' t agree la.   weekaykee      ( Date: 02-Jul-2021 15:22) Posted: No idea why some keep comparing / linking to YZJ. YZJ is shipbuiilding and not O& G related. pkli899      ( Date: 02-Jul-2021 15:13) Posted: My wildest dream: TH, after takeover with a generous offer of 20 c, sell to YZJ at 30 c. YZJ, super cash rich and want to go into higher end maritime sector, surely can afford. Hahaha....
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Isolator Supreme	02-Jul-2021 17:34        Isolator About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Long to enjoy...
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honesty Master	02-Jul-2021 17:07        honesty About Contact  Quote this Post!
x 0   x 0  Alert Admin	standby next weei above 0.13, have a great weekend thought
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LegendTiger Member	02-Jul-2021 17:04        LegendTiger About Contact  Quote this Post!
x 0   x 0  Alert Admin	human always let emotion affect the decision. price up greed come in . Price down Fear come in , panic press... later regret. Opportunity appear when Over Optimistic or Over Pressimistic kick in   TigerPlay      ( Date: 02-Jul-2021 15:28) Posted: I made the same mistake once. when scm hit 11.3cts low, I panic as 1 got a million share from SCI demerge. I thinking alone the same line, go up 1 ct so difficult and I dun believe SCM will ever hit 20cts, my break even pt was actually 24cts, which I gotten from SCI demerge, I sold all at 15cts...shit the next instant, the unbeliever and impossible happen, it shoot and it shoot and crosses 20cts to even 22cts I believe, shit I lost around 90K thereabout...so hor hard to say lar ching^^      ( Date: 02-Jul-2021 15:15) Posted: can still hope back 20c??? climb 1c so hard now....
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Starship Supreme	02-Jul-2021 16:53        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	uiop1223      ( Date: 02-Jul-2021 16:43) Posted: Its brand perception. People still love sia logo + sia gals cleavage. Also, govt said aviation is strategic and will not let go. It spends billions on building T3- T5 plus jewel. Basically they showhand and cannot pull out. For SMM, it can end up like NOL. Just become another company that failed at hands of scholars. bh3388      ( Date: 02-Jul-2021 16:38) Posted: ya lor.. SIA annouced right, dive and climb back fast.. both loss making coy, except SIA brand solid.. hope SM can crawl back .. but when??
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Starship Supreme	02-Jul-2021 16:47        Starship About Contact  Quote this Post!
x 0   x 1  Alert Admin	newbie19      ( Date: 02-Jul-2021 16:38) Posted: Wow....that's fantastic...just love it 😁 😁 Starship      ( Date: 02-Jul-2021 16:34) Posted:
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uiop1223 Supreme	02-Jul-2021 16:43        uiop1223 About Contact  Quote this Post!
x 0   x 1  Alert Admin	Its brand perception. People still love sia logo + sia gals cleavage. Also, govt said aviation is strategic and will not let go. It spends billions on building T3- T5 plus jewel. Basically they showhand and cannot pull out. For SMM, it can end up like NOL. Just become another company that failed at hands of scholars. bh3388      ( Date: 02-Jul-2021 16:38) Posted: ya lor.. SIA annouced right, dive and climb back fast.. both loss making coy, except SIA brand solid.. hope SM can crawl back .. but when??? ahbui8      ( Date: 02-Jul-2021 16:24) Posted: Same lah, after this 2nd round of rights issue being announced, I go study SIA how SIA move before CR as the offer is quite the same. OMG the sentiment is totally different 😑
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newbie19 Supreme	02-Jul-2021 16:40        newbie19 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	YOU ARE NOT ALONE... TigerPlay      ( Date: 02-Jul-2021 15:28) Posted: I made the same mistake once. when scm hit 11.3cts low, I panic as 1 got a million share from SCI demerge. I thinking alone the same line, go up 1 ct so difficult and I dun believe SCM will ever hit 20cts, my break even pt was actually 24cts, which I gotten from SCI demerge, I sold all at 15cts...shit the next instant, the unbeliever and impossible happen, it shoot and it shoot and crosses 20cts to even 22cts I believe, shit I lost around 90K thereabout...so hor hard to say lar ching^^      ( Date: 02-Jul-2021 15:15) Posted: can still hope back 20c??? climb 1c so hard now....
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newbie19 Supreme	02-Jul-2021 16:38        newbie19 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Wow....that's fantastic...just love it 😁 😁 Starship      ( Date: 02-Jul-2021 16:34) Posted: newbie19      ( Date: 02-Jul-2021 14:43) Posted: Which GOD?
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bh3388 Member	02-Jul-2021 16:38        bh3388 About Contact  Quote this Post!
x 0   x 1  Alert Admin	ya lor.. SIA annouced right, dive and climb back fast.. both loss making coy, except SIA brand solid.. hope SM can crawl back .. but when??? ahbui8      ( Date: 02-Jul-2021 16:24) Posted: Same lah, after this 2nd round of rights issue being announced, I go study SIA how SIA move before CR as the offer is quite the same. OMG the sentiment is totally different 😑   TigerPlay      ( Date: 02-Jul-2021 15:28) Posted: I made the same mistake once. when scm hit 11.3cts low, I panic as 1 got a million share from SCI demerge. I thinking alone the same line, go up 1 ct so difficult and I dun believe SCM will ever hit 20cts, my break even pt was actually 24cts, which I gotten from SCI demerge, I sold all at 15cts...shit the next instant, the unbeliever and impossible happen, it shoot and it shoot and crosses 20cts to even 22cts I believe, shit I lost around 90K thereabout...so hor hard to say la
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bh3388 Member	02-Jul-2021 16:35        bh3388 About Contact  Quote this Post!
x 0   x 0  Alert Admin	think many stucked at > 20cts.. sigh TraderBen      ( Date: 02-Jul-2021 15:08) Posted: in terms of " GOVT" privatising coys.. you wont see them offering so much higher premium. look at SMRT.. a very good example.. and now TH wants all the SH to pay for its debts.. then it can take private with a clean and healthy balance sheet. dont dream of even 20 cents.. 15 cents will be a very good offer..  weekaykee      ( Date: 02-Jul-2021 15:02) Posted: 20cts will still be a steal for TH to mop up the remaining shares and delist SCM. They could have priced the rigths at 8cts simply to make their subsequent offer of 20 cts very attractive and guranteeing a high take up rate, resulting in the delisting of SC
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Starship Supreme	02-Jul-2021 16:34        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	newbie19      ( Date: 02-Jul-2021 14:43) Posted: Which GOD?  TigerPlay      ( Date: 02-Jul-2021 14:10) Posted: True true, only God knows. Maybe after all the talk, TH just decide to do it simple and buy over both sCM and Kep OM and offer 30cts for scm, we neber know...or offer 5cts only for sCM, but I hope is 30cts lar....hahahah
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ahbui8 Master	02-Jul-2021 16:24        ahbui8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Same lah, after this 2nd round of rights issue being announced, I go study SIA how SIA move before CR as the offer is quite the same. OMG the sentiment is totally different 😑   TigerPlay      ( Date: 02-Jul-2021 15:28) Posted: I made the same mistake once. when scm hit 11.3cts low, I panic as 1 got a million share from SCI demerge. I thinking alone the same line, go up 1 ct so difficult and I dun believe SCM will ever hit 20cts, my break even pt was actually 24cts, which I gotten from SCI demerge, I sold all at 15cts...shit the next instant, the unbeliever and impossible happen, it shoot and it shoot and crosses 20cts to even 22cts I believe, shit I lost around 90K thereabout...so hor hard to say lar ching^^      ( Date: 02-Jul-2021 15:15) Posted: can still hope back 20c??? climb 1c so hard now....
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