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SEMBMARINE - A NEW CHAPTER - DEMERGED
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dcproperty
Senior |
06-Dec-2021 09:05
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Singapore to cease entry of dormitory-bound work pass holders via vaccinated travel lanes https://www.channelnewsasia.com/singapore/vtl-applications-stopped-dormitory-s-pass-work-permit-construction-marine-2358231 A foreign worker waits to cross a street in Singapore. (File Photo: Calvin Oh) 04 Dec 2021 03:18PM (Updated: 04 Dec 2021 05:17PM) SINGAPORE: Employers of S Pass and work permit holders in the construction, marine shipyard and processes sector  will not be allowed to make new applications for their employees to enter Singapore via the vaccinated travel lanes (VTL) from 11.59pm on Saturday (Dec 4). This will also apply to employers of other dormitory-bound work pass holders, the Ministry of Manpower (MOM) said in a press release. Malaysians and female work pass holders will still be allowed to enter Singapore via VTLs and will be subject to the prevailing health protocols, said the ministry, adding that this is because these individuals &ldquo generally do not reside in dormitories&rdquo . The ministry said that S Pass and work permit holders in the construction, marine shipyard and process sectors, as well as other dormitory-bound workers, should come in via the work pass holder general lane. They may also enter Singapore via  ongoing industry initiatives such as programmes with " upstream testing" and isolation in the source country. &ldquo The number of workers entering under these lanes meet industry needs while allowing the entry of these workers to be done at a pace where they can be safely onboarded before entering the dormitories and worksites as these are higher risk settings,&rdquo said MOM. ********************** The above is the complete story. Workers can still come in into Singapore.   
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Oxtail
Member |
06-Dec-2021 01:21
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https://www.channelnewsasia.com/singapore/vtl-applications-stopped-dormitory-s-pass-work-permit-construction-marine-2358231 Employers of S Pass and work permit holders in the construction, marine shipyard and processes sector  will not be allowed to make new applications for their employees to enter Singapore via the vaccinated travel lanes (VTL) from 11.59pm on Saturday (Dec 4). Hope SCM management got the vision to quickly get enough workers before Dec4. If no, haizzz.... *shake head *      |
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dcproperty
Senior |
05-Dec-2021 20:27
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Yes, yes. Sound very familiar! Told people sometimes ago to sell SMM at $0.08 and buy Keppel at much higher price then now. What is the price for Keppel now? At least SMM is $0.083 now. Truly, you were preaching to yourselves. " Buy (Long) High, Sell Low" for Keppel and " Sell (Short) low, Buy High" for SMM.   # Awesome. # Good advice # Preaching to yourselves
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naoshingo
Elite |
05-Dec-2021 17:01
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Correction lah..
Er Hu has only 2 strings...not 2 tunes. With it's only 2 strings, it can play many tunes...definitely more than 2.
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Starship
Supreme |
05-Dec-2021 16:15
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Starship
Supreme |
05-Dec-2021 16:09
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Starship
Supreme |
05-Dec-2021 16:06
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Starship
Supreme |
05-Dec-2021 16:02
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Starship
Supreme |
05-Dec-2021 15:58
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Starship
Supreme |
05-Dec-2021 15:55
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tbooncho888
Senior |
05-Dec-2021 15:02
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https://griegedge.com/lmg-marin-to-design-the-ms-green-ammonia/ LMG Marin to design the MS Green Ammonia.. AIP by summer 2022Together, the team will spend the next months developing different conceptual ideas for MS Green Ammonia, before they settle on a chosen concept design. The target is to get an Approval In Principle (AIP) from a class society by the end of the first half of 2022.  &ldquo LMG Marin is honoured to be selected by Grieg Edge to provide design services for MS Ammonia. We appreciate working with ambitious clients such as Grieg Edge that are pushing new green technologies to realization. Green ammonia is indeed a promising energy carrier for marine transport and we will do our utmost to see MS Green Ammonia on the water in 2024,&rdquo says Managing Director of LMG Marin, Torbjø rn Bringedal.   With an AIP in place, detailed engineering will commence during the summer of 2022, with a scheduled launch of MS Green Ammonia in 2024. |
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tbooncho888
Senior |
03-Dec-2021 19:28
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SM' s 60d ma is at 0.082, next week starting will be turning upward, meaning the stock medium term base support is rising from 0.082 upward...Today there is an news annoucement for SM winning a contract after the end of the right and MGO exercise. So this will be timely for SM chart to start improving, and I think more scheduled news annoucement should also be in the pipe line soon. At the bottom of the chart, usually there will be lots of negative news and sensitments when the chart is approching the lowest point, then suddenly the better good news will start to appear to turn things around....that is how bottom is formed...time tested formula repeating again and again....SM is turning up right in front of our eyes, for those who can see - good, for those who can' t - sorry man, cos can' t save the world. https://www.businesstimes.com.sg/companies-markets/sembmarine-unit-lmg-marin-wins-contract-to-design-worlds-first-zero-emission-fuel
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tbooncho888
Senior |
03-Dec-2021 17:23
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https://www.businesstimes.com.sg/companies-markets/sembmarine-unit-lmg-marin-wins-contract-to-design-worlds-first-zero-emission-fuel At least it has some good news coming in today....just in time for SM' s moving average 60 day to be turning upward starting next week onwards....engineered to the dot timing wise... |
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datadatadata
Member |
02-Dec-2021 15:45
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You asked why no one buys when there is a 50% upside? The quick answer is - that' s how the stock market operates. For retail investors, unless announcement is made, no one will jump in as they have limited funds and will be using them for their immediate needs, such as buying and selling some counters for quick gains. For funds and BB' s, they also cannot jump in quickly with their huge funds. These will drive prices up to the point that everyone will be sabotaged by their selfish action. Instead, they will opt for auction trade where there is a limiter set on the high and low price for each session and at the same time allowing them to purchase large amount quietly without disrupting the fine balance between getting a good deal and driving up prices. Just look at the auction trade each day for the past weeks.. you will see this trend which strongly indicate something is brewing.
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dcproperty
Senior |
02-Dec-2021 15:31
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Based on your assumption:- 1) SMM needs to come out $500m to buy KOM 2) Thereafter SMM only left with $970m 3) KOM is having $5.5b of contracts 4) KOM is having good staffs to secure good contracts   Which means SMM is giving $500m for $5.5b worth of contracts, does that not a good deal for SMM? Simple mathematic right? In time to come, SMM is having billion dollars in her account. No good meh? $500m trading for Billion dollars   After merging, SMM is inheriting some good manpower/ management that can secure good contracts and KOM is capitalising on good yard facilities. Not a good deal meh?   Please don' t tell me that KOM supposes to take over SMM, unless you are the big boss TH. If a beauty lady wanna marries a ugly guy or a handsome guy wants to marry a ugly woman, it got nothing to do with you.   If you always like to force your view point, instead of flowing with the market, trading is not for you. Please quit trading then. Good for your soul. It is like you are always against your big boss in your company. You big boss wants SMM takes over KOM and not the other way. Please look at the strength of the combination then blah blah #blah blah...
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ckmpd1
Supreme |
02-Dec-2021 13:11
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SMM is at 8.3c now.  I can understand why those who expect it to go to 7c will not buy now.  We dont want to buy high and sell low. But many here are screaming that SMM will go to at least 12.9c soon.  That is a good 50% upside.  Why are these people not buying now at 8.3c?
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ckmpd1
Supreme |
02-Dec-2021 12:23
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Some of us are waiting for the FY 2021 Financial Statements in Feb 2022.  Many optimists here said that a loss of $1.2B is expected and has already been factored in by the market.  Really???? The devils are in the details.    |
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ckmpd1
Supreme |
02-Dec-2021 12:07
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Agree.  The losses are coming in fast and furious. I think SMM has no choice but to make more regular updates.  I wont be surprised another update is forthcoming.  Maybe as early as this month.  Can see the money dwindling
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ttbanthony
Veteran |
02-Dec-2021 10:18
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I encourage those who claimed SCM needs funding for 2022, please write to the company.
Your questions will be adequately answered and doubts fully addressed. Don post rubbish here.
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MANFREDTMK
Master |
02-Dec-2021 10:08
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Your analysis is soooo wrong when you said SM needs another Rights issue after paying $500m for the merger. Soooooo WRONG. Think about it, don't have to be smart to figure out why🤔 🤔 🤔
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