| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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Speediman
Veteran |
15-Jul-2021 15:37
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SCM is trying to throw everything to the kitchen and make it look as bad as it can. This is going to be an ugly 1H, made purposely by the big boys to force small players to give up. Small players should instead gather to vote against any merger with KC. Merging with KC is worse than bankrupt. Why so, we are paying money to buy junk assets which SCM have plenty. If KC gives to SCm for free, then its ok. If it cost SCM any money to buy junk, its absolutely crazy. Vote against Merger!  | ||||
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boyboy61
Supreme |
15-Jul-2021 15:32
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There is program selling at 0.118.  Noticed that once 0.119 is done, selling at 0.118 is also done......distribution | ||||
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Yatsa13
Veteran |
15-Jul-2021 13:56
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Singapore' s offshore and marine sector has long been a pillar of the city state' s economic progress and transformation. Having weathered a downturn amid depressed oil prices since 2014/2015, the sector has made big moves as it pivots to tap opportunities in the booming offshore renewables and green energy space. 
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Yatsa13
Veteran |
15-Jul-2021 13:55
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sml, fd also 2 years if you said till end of 2022 ... rather go for sth that has potential to chiong. other counter counter shoirt term also become long and indefinite. my friend stuck in reits hor. most of the analysts said the industry is doing well. now is to consolidate into 1 and only SG O& M Mega-Contractor.  
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Where123
Member |
15-Jul-2021 12:00
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Free forum not personal attack please.
I still hold mine @0.20 waiting for rights to be issued. When we bought we knew penny share had no dividend, the risk we took. My view is a national security needed heavy industries company like ST Engr. In war time, special passes will be granted for employees. Long to enjoy. Cheers |
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uiop1223
Supreme |
15-Jul-2021 11:46
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End of 2022?! 😂 😂 😂
End of your life also duno can break even. May as well put ur money into cpf and withdraw at retirement |
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SembMarineLong
Veteran |
15-Jul-2021 11:31
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Yes, those are who still vested like me you have to wait at least till end of 2022 for a fair gain. Else just go for some short term gains this few months.
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newbie19
Supreme |
15-Jul-2021 11:22
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Absolutely agree with you....I was once a die hard of SMM. Just like you, bought 500K at 19.8cts. The hatred till now is unimaginable as it was reported SMM in total assets +cash is close to $1.5B +-. Why it needs 2nd rights issue?????????? Sold 300K at 14cts.  I am over confidence but it screwed up... Nobody is to be blamed... Only lessons learnt again.... Whoever support, Long or Short or expressed complete disapproval........... Do not exchange humiliating words, afterall, this is just a forum and frredom of expressions.... ![]() ![]()  
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ahbui8
Master |
15-Jul-2021 11:14
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The sentiment for SM is dead. The CEO need to be replaced to gain back confidence! | ||||
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Isolator
Supreme |
15-Jul-2021 10:23
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Long to enjoy... | ||||
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TigerPlay
Master |
15-Jul-2021 08:35
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Well, imagine i bought this fella at 19.5cts (which is not really a bad price that time, as it is very difficult for it to go below 20cts that time), then come that dreadful thursday and it start crashing and all the negative talk comes. Then hearing all these, i panic and sold at 13cts.so  now will i be talking good or bad about this stock? ask yourself, will i hope for this counter to go down or up again? ask yourself all these qns, will you believe me if i start to talk down this fella to 8cts, 6cts or even 4 cts, so i can recoup my loses again, will you believe me, panic and sell yr stock to me at 4cts? they are not wrong if they believe will go down to 4cts, they are oso not right, we dun know how this fella will perform for sure, even after the right. is all up to you. we all got our own belief, pls dun start scolding pp if they dun share your belief, they got their own right to believe what they belief, tks | ||||
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Yatsa13
Veteran |
14-Jul-2021 22:53
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abe, news just released. 
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Yatsa13
Veteran |
14-Jul-2021 22:51
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Temasek' s S$13b funding of leading Singapore corporates aligned with its long-term horizon: analystshttps://www.businesstimes.com.sg/government-economy/temaseks-s13b-rescue-of-leading-singapore-corporates-aligned-with-its-long-termSINGAPORE' s Temasek Holdings has ploughed at least S$13 billion since last year - and is set to spend more - into sector bigwigs from the national airline to an agri-food giant, a shipping line and offshore and marine firm, most of which involves funding to save these pandemic-roiled businesses. While a majority of Temasek' s investments were in the form of cash calls or rights issues that were meant to bolster the capital base of these hard-hit firms, they were in large part also strategic and opportunistic moves that were aligned with the state-owned investor' s long-term investment horizon. A common thread stands out in the recent moves by Temasek to throw its financial heft behind some of these firms, said Associate Professor Lawrence Loh from the National University of Singapore Business School. " These companies seem to be in strategic sectors that are critical to Singapore." The aviation sector, for one, is a major contributor to the economy. Data from the International Air Transport Association showed that the air transport industry, including airlines, its supply chain and spending by foreign tourists, accounted for nearly 12 per cent of Singapore' s gross domestic product (GDP) during pre-pandemic times. Singapore' s offshore and marine sector has long been a pillar of the city state' s economic progress and transformation. Having weathered a downturn amid depressed oil prices since 2014/2015, the sector has made big moves as it pivots to tap opportunities in the booming offshore renewables and green energy space. Noteworthy is that Temasek owns majority stakes in some of these firms. For that reason too, Justin Tang, research head for Asia at United First Partners, deemed Temasek' s backing as " nothing out of the ordinary" , more so as some of these firms were at " ground zero" of the pandemic and faced the possibility of becoming insolvent. Singapore Airlines (SIA), in which Temasek has a stake of about 55 per cent, faced severe liquidity issues in March last year as countries scrambled to contain the spread of Covid-19 and shut their borders. In fact, the national carrier has received the bulk or some S$12 billion of the state investor' s rescue monies to weather the tough climate as a result of Temasek' s move to backstop the airline' s rights issues. Apart from being better capitalised, the rescue package puts the carrier on a strong footing to tap opportunities amid the crisis, including fresh acquisitions. Terence Chua, senior analyst at Phillip Securities Research, said the restructuring among Temasek' s portfolio companies, which has picked up pace this year and was largely hastened by the pandemic, indicates a clear intent to position the firms to " better compete on the global stage" . Such investments could potentially allow Temasek to ride the upturn when the economic environment improves, he said. One example is the Temasek-backed demerger of Sembcorp Industries and Sembcorp Marine (Sembmarine) last year. Temasek had agreed to support a S$2.1 billion rights issue by Sembmarine, by sub-underwriting S$600 million of the rights issue. The move to deconsolidate the conglomerate resulted in the creation of more focused units to create shareholder value, said Mr Chua. In the case of agri-food firm Olam International, Temasek' s underwriting of its rights issue to finance the acquisition of US spice maker Olde Thompson likely comes from the position of a controlling shareholder who " saw value and wanted to minimise dilution" , said Mr Tang. Such deals are largely led by commercial sense. " Temasek is not a charity in its investments - it cannot and should not be one," said Prof Loh, adding that there must be some expected contributions to its portfolio, particularly in the returns and adherence to the strict discipline of good portfolio management. Its track record over the past year may be a good indication of that. In August last year, the state investment firm pulled the plug on its partial bid for control over Keppel Corp after the conglomerate posted staggering quarterly losses owing to impairments and breached a pre-condition for the offer. " The current challenges faced by the rescued companies must be short term and there has to be a real possibility that they can ride out the storm," said Prof Loh. Nirgunan Tiruchelvam, head of consumer sector equity research at Tellimer, opined that by financially backing these firms, it allows Temasek to receive a stake at a discount to their perceived fair value. It has to do with what Temasek feels would be the best return for its investment, he said, adding that the investor probably has a strategic view on various sectors, and in the case of Olam, agricultural commodities. Recall, back in 2014, Temasek threw its weight behind Olam and launched a S$2.5 billion bid for the agri-commodities trader amid financial strain and attacks by short sellers. Mr Tang added: " There are many corporate manoeuvers that a large asset manager can utilise to manage their portfolio. What Temasek has chosen probably suits its time horizon, investment mandates and asset allocation requirements. Temasek' s long term horizon means that it can sit out market fluctuations for the eventual recovery and enjoy the fruits of its distressed investing."
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Trader1987
Veteran |
14-Jul-2021 22:13
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We are here to let the buyers BEWARE. Why? You have any problem, loser?
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Trader1987
Veteran |
14-Jul-2021 22:11
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I hear this over and over, over and over, over and over, over and over,  over and over, over and over, over and over,  over and over, over and over, over and over,  over and over, over and over, over and over,  over and over, over and over, over and over and over again ............
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naoshingo
Elite |
14-Jul-2021 22:03
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I am still around...
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SembMarineLong
Veteran |
14-Jul-2021 21:29
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Price is holding well now. Not sure after rights but for me I will hold and not gonna buy. If you are just going for short term gains, this stock might have some meat for you this few months. But one  thing Im sure is if you hold long enough, the long term gains will be pretty good. As mentioned, this gonna be a long wait. Long to enjoy |
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Abe2021
Veteran |
14-Jul-2021 21:14
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They are running out of things to say. Broken record repeat over and over again. Get ready for the next news release. Window is closing soon. Bonjour 🥸 Cheers
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SembMarineLong
Veteran |
14-Jul-2021 21:11
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I' m here. Still believe SMM will soar but not this year for sure thanks to the rights issue. Will wait for a few years before getting profits. Im giving it to early 2023. No progress, Im out. Long to enjoy  
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simpleguy123
Elite |
14-Jul-2021 17:37
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Are you SembmarineLong? I mean the user ID?
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