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peace.lehh Veteran	30-Nov-2014 12:16        peace.lehh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Some oil counters are not affected by this big drop in oil price. victorcy2004      ( Date: 28-Nov-2014 11:50) Posted: Oil price drop below 70USD, Semb marine tumbled.
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Kyoto2008 Elite	11-Jun-2021 15:02        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wonder how much of Sembmarine is in O& G
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misschin Member	29-Nov-2014 13:15        misschin About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Wonder how low the price of this stock will drop....$3?  $2.50?
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danger Supreme	29-Nov-2014 09:49        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	ozone up lorry already ? ozone2002      ( Date: 06-Nov-2014 09:37) Posted: Last:3.6     Vol:1797k     -0.08 dipped below 3.6 already.. dip in prices present a buying opportunity for value investors gd luck dyodd ozone2002      ( Date: 04-Nov-2014 09:27) Posted: Buy on dip gd luck dyodd, still gd value, 13x FY15 PE & 4% div yield Sembcorp Marine (SembMarine) secured a contract worth USD240m to build a Pacific Class 400 jack-up rig for Bank of Tokyo-Mitsubishi UFJ, with Japan Drilling Co (JDC) as the lessor and operator of the asset. Its YTD order wins are SGD4.2bn, on track to meet our target of SGD4.5bn. Valuations of 11-13x FY14-16F P/E on trough earnings appear attractive. Maintain BUY with SGD4.50TP based on SOP (a 24.3% upside).  Good order momentum. SembMarine secured a USD240m contract to build a Pacific Class 400 (PC400) jack-up rig, provisionally named Hakuryu 14, for BOT Lease Co., Ltd. (BOTL), a leasing company of Bank of Tokyo-Mitsubishi UFJ (8306 JP, NR). The rig is scheduled for delivery by Oct 2016 and will be leased and operated by JDC (1606 JP, NR).  High-specification jack-up rigs still in demand. Since the launch of the PC400 in 2010, 18 units have been ordered with nine units delivered and operating in various countries. This contract marks the second PC400 jack-up rig that SembMarine is building for BOTL. The first unit, Hakuryu 12, is nearing completion, with delivery scheduled in Jan 2015. These rigs are capable of operating in 400 feet of water and drilling highpressure, high-temperature wells to depths of 35,000 feet and come with accommodations for 150 persons.  Stronger contract wins YTD vs Keppel. SembMarine&rsquo s YTD order wins stand at SGD4.2bn, well on track to meet our SGD4.5bn target. We note that it has actually outpaced key rival Keppel (KEP SP, BUY, TP: SGD12.60), who has SGD4.0bn of order wins so far, whereas its share price has underperformed Keppel&rsquo s on a relative basis.  Time for (re-)entry. SembMarine has fallen 21% in the last 12 months due to potential delays over the delivery of its drillship to Brazil and recently on oil prices. Its shares are now trading at 6-8x EV/EBITDA and 11-13x P/E for FY14-16F, on what are basically trough earnings. Forecast dividend yields are now topping 4%. We believe most of the fears have been priced in and current valuations present an attractive entry point. Our SOP-valuation pegs shipyard earnings at a mid-cycle 16x for a SGD4.50TP, implying a 24.3% upside. Forecasts and Valuations Dec-12 Dec-13 Dec-14F Dec-15F Dec-16F Total turnover (SGDm) 4,430 5,526 6,148 6,801 6,766 Reported net profit (SGDm) 538 556 574 631 671 Recurring net profit (SGDm) 541 553 574 631 671 Recurring net profit growth (%) (28.3) 2.3 3.7 9.9 6.4 Recurring EPS (SGD) 0.26 0.27 0.27 0.30 0.32 DPS (SGD) 0.13 0.13 0.14 0.15 0.16 Recurring P/E (x) 14.0 13.7 13.2 12.0 11.3 P/B (x) 3.10 2.82 2.54 2.29 2.07 P/CF (x) 36.2 8.1 17.0 9.0 9.1 Dividend Yield (%) 3.6 3.6 3.9 4.1 4.4 EV/EBITDA (x) 7.48 7.14 7.65 6.74 6.00 Return on average equity (%) 22.2 21.7 20.3 20.1 19.3 Net debt to equity (%) net cash net cash net cash net cash net cash Our vs consensus EPS (adjusted) (%) (6.4) (5.1) 0.9 Source: Company data, OSK-DMG
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explosive2013 Master	29-Nov-2014 00:05        explosive2013 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Keep on shorting. Opec will increase supply in the next meeting to push oil price below 50. OPEC vs U.S. Shale now.
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spore1 Supreme	28-Nov-2014 23:47        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	wow! $3 & below will be bonus.. spore1      ( Date: 20-Nov-2014 12:55) Posted: Bingo ! Christmas come earlier. Now at$3.30 spore1      ( Date: 17-Nov-2014 21:03) Posted: Tmr may b see $3.30 . Good time to consider to long
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Secret_Squirrel Elite	28-Nov-2014 20:26        Secret_Squirrel About Contact  Quote this Post!   Yells: "Stay curious but skeptical"
x 0   x 0  Alert Admin	财 经 郎 眼 20141103 货 币 战 争 会 不 会 开 打 : http://youtu.be/uceQoLOGUHg Heard that oil price drop is to terkan Russia. scroll to 7.30min to 15 min, talk on currency depreciation And why US dollar remains strong, why oil price drop victorcy2004      ( Date: 28-Nov-2014 11:50) Posted: Oil price drop below 70USD, Semb marine tumbled.
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BreadPitt Member	28-Nov-2014 12:48        BreadPitt About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi all semb bros.....never expected sembarine to behave this way....😭 真 的 股 票 有 時 真 无 情 ........,,
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flyfox Member	28-Nov-2014 12:43        flyfox About Contact  Quote this Post!
x 0   x 0  Alert Admin	important to be greedy, but not catching falling knives. Wait for the uptrend and u start to buy still not too late.
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victorcy2004 Member	28-Nov-2014 11:50        victorcy2004 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oil price drop below 70USD, Semb marine tumbled.
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ozone2002 Supreme	25-Nov-2014 11:34        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Be greedy when others are fearful... only for value investors who can stomach the volatility Last:3.3     Vol:3005k     -0.09
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stockeers Member	25-Nov-2014 11:14        stockeers About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Trade everything moderately!"
x 0   x 0  Alert Admin	down 3.2% today... arghhh...!
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pnuklis Master	21-Nov-2014 21:29        pnuklis About Contact  Quote this Post!
x 0   x 0  Alert Admin	why would any one in right mind vest in this with oil prices going down and deep water is screweed. this all the way down till oil price gets to 100 and believe me
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BreadPitt Member	20-Nov-2014 21:55        BreadPitt About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hello ....anyone there? Please continue to support and Keep the lights on. At least if you visit their website,it look professional and business thrives! http://www.sembmarine.com
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erhaier Senior	20-Nov-2014 21:00        erhaier About Contact  Quote this Post!
x 0   x 0  Alert Admin	accumulate at 3.0
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edchai Veteran	20-Nov-2014 20:29        edchai About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Don' t know what happen to this stock ...
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surefire Member	20-Nov-2014 14:15        surefire About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes,   and tomorrow it will be $3.25 and next week $3.20
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spore1 Supreme	20-Nov-2014 12:55        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bingo ! Christmas come earlier. Now at$3.30 spore1      ( Date: 17-Nov-2014 21:03) Posted: Tmr may b see $3.30 . Good time to consider to long spore1      ( Date: 08-Nov-2014 18:30) Posted: Think $3.30+ will be good entry point for accumulation for long
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iApple Member	17-Nov-2014 22:19        iApple About Contact  Quote this Post!   Yells: "trade to learn,learn to trade? "
x 0   x 0  Alert Admin	wait till it over-sold, then buy back.
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surefire Member	17-Nov-2014 21:16        surefire About Contact  Quote this Post!
x 0   x 0  Alert Admin	Like a bottomless pit - just keep on dropping and dropping! Co should seriously consider doing some share buybacks to instill confidence in the stock
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