| Latest Forum Topics / Seatrium Last:0.091 -- |
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Sembmarine_Green is the new gold_a better future
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SureStrike
Veteran |
07-Apr-2022 23:01
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Powderful lah! Don?t play play! 👍 🏻 😎
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better
Elite |
07-Apr-2022 22:52
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Today' s AGM clarification is an attempt to lay all SCM ' s competitive advantages in the open.  The piece is likely written by Temasek' s negotiator to put down KC' s snake oil salesman Loh Chin Hua, who is obviously bargaining for a better exchange ratio and more cash.       First, it is mentioned that renewable constituted 30% of total revenue in 2021 and 43% of group net order book. In today' s environment, the greener the higher the perceived value of the entity.       Second, they listed some of SCM' s trophy projects.  Hornsea 2 and Sofia Offshore windfarm platforms that SCM are constructing are much bigger and more technologically advanced than those done by KOM.       Third, Shell Whale FPU is a trophy project that ONLY SCM can complete because of Its gaint Goliath Crane.  Also, appointed by an oil major for a start to finish FPU project is a trophy " main contractor" type of job. All KOM projects are subcontractor type of jobs. For example, Exxon engage SBM offshore (main contractor) to build a FPSO who then use KOM as a subcontractor to do part of project (topside integration).       Fourth, with SCM' s 100% owned LMG Marin (leading nautical architect in the world), SCM is able to execute an design and construction (start to finish) type job for all specialised marine vessel. That&rsquo s also the reason they can win the contract for the NapAnt Antarctic support vessel, another trophy project that build on LMG Marin&rsquo s expertise in designing the award winning Polar expedition cruise ship in 2020.     Fifth, previously KOM was able to boost that they are constructing a Jones Act WTIV. Now, SCM is saying that we are building a bigger and more technological advanced WTIV than KOM for Maersk (the equivalent of an oil major in the offshore support industry. Not all clients are created equal).   Sixth, SCM is boosting that they are likely to secure the Dorado FPSO contract, another trophy start to finish, main contractor type job.   Seventh, SCM have secured/ purchased a lot more green technology retrofit solutions while KOM has likely stopped investment in these areas as they are about to be sold or discarded. Why would KC throw more cash into something they are going to sell soon?   Eight, SCM&rsquo s repair unit is the world leader in the repair and upgrade of LNG carriers (a lot more biz coming given the Ukraine situation) and cruise vessels (a lot more biz coming as the cruise industry is definitely making a strong come back this year)     I could not have written a better piece if I am Temasek appointed negotiator whom I am sure is also following this forum.
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MANFREDTMK
Master |
07-Apr-2022 21:54
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Bro, your sense of envy overruled your supposedly high level of maturity. You are overstressed. Can I buy you a massage at BODY TALK. But get caught by police, don't quote me hor. Just trying to be very nice and pleasant
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dcproperty
Senior |
07-Apr-2022 21:31
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Obviously, people didn&rsquo t read Keppel&rsquo s report attached. |
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PHInsider63
Veteran |
07-Apr-2022 21:23
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If this is not uptrend, may I know what is?
Yes what s the point of history? |
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ahbui8
Master |
07-Apr-2022 20:57
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Yes stock is forward looking, keep digging at the stock past history is totally rubbish talk acting to be knowledgeable.
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ahbui8
Master |
07-Apr-2022 20:46
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For 1) Keppel SH will get shares for the combined entity lah as TH already list both need to be parallel and inter-conditional, I believed Keppel SH will not be given the bigger pipe of the combined entity. As I also hold Keppel, I' m happy for the merge as Keppel will get at least 3B cash after KOM demerge and also with some free shares in the combined entity, but some greedy Keppel holders still expect to be given a bigger pie on the combined entity.  Maybe ask Better to analyze.
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Ryuuenji
Elite |
07-Apr-2022 20:34
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Share many times... $0.72 in 9 months time. | ||||
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better
Elite |
07-Apr-2022 20:16
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You are offshore, JOBLESS and aligned with the Star.
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Chagataii
Veteran |
07-Apr-2022 20:11
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I am welder | ||||
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pkli899
Supreme |
07-Apr-2022 20:04
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I said before, me only primary education. Translation too difficult for me........sorry......my apology.
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Chagataii
Veteran |
07-Apr-2022 19:55
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Pkli899 bro I D7 in O level Hua yi can translate | ||||
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pkli899
Supreme |
07-Apr-2022 19:54
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山 穷 水 尽 疑 无 路 柳 暗 花 明 又 一 村 黑 夜 即 将 过 去 黎 明 快 要 到 来 漫 长 的 等 待 是 值 得 的 |
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chiachiawee
Elite |
07-Apr-2022 19:34
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After the miserable years, SMM is bound to gain back its glory days. Looks like SMM is in the upper hand too in this megadeal and moves to its book value. Getting interesting. Let' s see. cheers. | ||||
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dcproperty
Senior |
07-Apr-2022 19:29
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Yes, I posted this few days ago. This would be the case.
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better
Elite |
07-Apr-2022 19:21
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Today' s AGM clarification is likely more related to the merger negotiation than answering AGM questions. I would explain the implications later. Effectively, it has always been an acquisition. However, to give " respect" to the acquired entity if it is sizable, the corporate world usually call it merger.
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LawRenceW
Member |
07-Apr-2022 18:58
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Very positive outlook for SembMarine!  
Negotiations are also in progress with the Brazilian Navy on the construction of the  Antarctic Support Vessel &ldquo NapAnt&rdquo , which is part of the Brazil Navy Research Vessel  Project, with a contract award expected in the first half of 2022. The Group continues to actively pursue multiple projects and tender opportunities in the Renewable Energy and Gas Solutions segment, as well as the Process Solutions segment, including projects relating FPSO vessels, Floating Storage Offloading vessels and FPUs. The Group&rsquo s Repairs & Upgrades business has  also secured advanced orders for the repair and upgrade of LNG carriers and cruise vessels. The Group is also working on active enquiries for offshore vessels upgrading projects. In addition, the Group has continued to secure green technology retrofit solutions, including projects relating to ballast water management system and scrubber installations, and identified opportunities in sustainable repairs and upgrading, such as air lubrication systems and ammonia-based fuel solutions. Underpinned by its operational and technology bench strengths, the Group is well- placed to support the global energy needs, premised on a low-carbon footprint with a balanced portfolio across offshore, marine and energy product solutions. The Group will continue to further diversify its business portfolio and extend into new areas of renewable energy, electrification, gas value chain, ocean living, as well as carbon capture and storage solutions.
 
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kvyang
Veteran |
07-Apr-2022 18:41
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Ya man. BETTER ask :D
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PHInsider63
Veteran |
07-Apr-2022 18:13
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The tide changes now 🌊 to SM favour
Yes it is possible SM may be the acquirer of KOM at 0.20? Possible? This change of plan of SM being the acquirer possibly caused the delay to April End. Why not?! Ask Better.
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chiachiawee
Elite |
07-Apr-2022 18:04
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Wow. The way monies flow, looks like 0.11-0.12 is not talking only but achievable within striking distance. Megadeal price gotta be nice yeah. cheers. | ||||
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