| Latest Forum Topics / Seatrium Last:0.091 -- |
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SEMBMARINE - A NEW CHAPTER - DEMERGED
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ahbui8
Master |
18-Nov-2021 09:23
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Wow new thread, the spammer kana ban? | ||||
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msksmsks
Supreme |
18-Nov-2021 08:13
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老 弟 , 早 上 好
你 也 说 出 我 的 心 声 。 。 。 。 你 的 一 位 好 友 不 是 也 在 石 头 那 不 停 的 在 伤 口 撒 盐 。 。 。 已 经 叫 他 适 可 而 止 。 。 。 但 还 是 那 么 任 性 迟 早 他 也 应 该 会 被 人 举 报 。
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stanleytay
Master |
18-Nov-2021 07:58
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Haha.. please dont come in and say good things about smm. I saw how you keep saying oceanus will go up last week or so. Look what happen. Previously you also came in and said negative things and guess what. It went up
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mrwise
Supreme |
18-Nov-2021 07:29
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Something good is brewing...
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ttbanthony
Veteran |
18-Nov-2021 07:28
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There are many purposes of share buy back.
Not just to show confidence or jack up share price. The latter will rarely work. The management seems to buy back to beef up it a treasury shares and they foresee profitable 2022. They have the performance shares plan (psp) for their key staff. Such shares rewards will be drawn from the treasury shares. The source of treasury shares is from share buy back. If they don do it now, they may have to buy at a higher cost later. The top management, though underperforming, they are not classroom dolts. They know what they are doing. Rest assured. I can speak for them. Let this matter rest and this should be a good signs of more goods to come. |
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TraderBen
Supreme |
18-Nov-2021 05:33
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Really speechless to see the share buyback.. literally throwing money down the drain to boost share price .. this management team needs to be axed before SCM can make any sort of comeback
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Speediman
Veteran |
17-Nov-2021 22:58
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The company run out of money and end up begging SH to pump in more money. Issued rights at 8cts.  TMD! now spending money to buy back at 8.6cts.  This management is nuts! 
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better
Elite |
17-Nov-2021 21:50
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IEA revises up 2022 average oil price assumption to $79.40 a barrel. |
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naoshingo
Elite |
17-Nov-2021 19:07
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Thank you, Friend. Always glad to have you to balance the view.  I hope this round is the way up for SM. I' ve suffered too much up down up down for all the S stocks...Lol..
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better
Elite |
17-Nov-2021 18:21
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![]()
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bystander1965
Supreme |
17-Nov-2021 15:52
Yells: "What I say is just my assessment. DYODD" |
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In fact, for TG the number maybe worse. NTA was 0.7 I think RM? Not sure.
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bystander1965
Supreme |
17-Nov-2021 15:51
Yells: "What I say is just my assessment. DYODD" |
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Just noticed HKLand has 2+b USD in hands? Well they can continue to spend I guess. I take back what I said earlier. Haha.
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naoshingo
Elite |
17-Nov-2021 15:47
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Very wise insights, my Friend, as always.
Thank you 😊
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bystander1965
Supreme |
17-Nov-2021 15:34
Yells: "What I say is just my assessment. DYODD" |
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In effect HKLand is spending $1 to buy a $3 stuff. TG was spending $10 to buy a $1 (or less actually) stuff before.  
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bystander1965
Supreme |
17-Nov-2021 15:33
Yells: "What I say is just my assessment. DYODD" |
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HKLand NTA 15+USD. TG 0.7SGD. HKLand spends about 2mil USD per buy back. They can do that 100+ days before they catch up with what TG spent in matters of weeks. HKLand has a stable business. TG had a 1-off windfall. See the difference? I doubt HKLand will spend a few hundred million to buy back their shares even if the price is only 1/2 of its tangible BV atm.  
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pkli899
Supreme |
17-Nov-2021 15:23
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Agreed. Don' t like or think this counter no hope.....simply stay away lor.  
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naoshingo
Elite |
17-Nov-2021 15:19
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But again HK Land is doing very well with share buyback...
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datadatadata
Member |
17-Nov-2021 14:59
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Although it is generally true that buy-back is to move the price to reward their share holders when the company does well, it may not apply to all cases. When a company is not doing well and due for merger, they may do the same to reduce future payout. There is a fine balance here as it might trigger a runaway escallation in price. On the lack of volume, be careful as there is about 6M short done yesterday alone that need covering! 
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bystander1965
Supreme |
17-Nov-2021 14:52
Yells: "What I say is just my assessment. DYODD" |
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Do you seriously think company buy back can " support" its own stock? I can' t understand when SHs cry for company to buy back its own share, like in Medtec for instance. It will never work. In fact that only shows the management needs to be fired cause they are destroying the SHs' value. Just look at how TG tried to play its stock price. From split to buy back (burning 1+B RM). And what happened? When it went on a spree to buy back I already said it' s silly and one should stay away. The ultimate gainer for such a case if there is any will never be the SHs.  
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WiseInvestor
Elite |
17-Nov-2021 14:45
Yells: "Forex Biz Opportunity for traders!" |
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Adminstrator locked that thread as long as he has a key. But he opened this thread here with other key. What a weird mood swing!  
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