| Latest Forum Topics / Seatrium Last:0.091 -- |
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SEMBMARINE - A NEW CHAPTER - DEMERGED
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weekaykee
Master |
23-Nov-2021 09:23
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Obviously ' better' has to be supported by its clone.
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ckmpd1
Supreme |
23-Nov-2021 09:23
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Correct.  Any merger may not be good news for SMM.  Being a loser, SMM has to accept any terms determined by the winner.  No merger, SMM will die.  KOM can survive on its own. But an important question SMM SHs has to ponder.  Where is SMM going to get the money to pay KC for merger? Mar 2022 is an important period for SMM.  No big contract win by then, SMM will stutter
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weekaykee
Master |
23-Nov-2021 09:18
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In anticipation of being paid $1b instead of $500m for KOM, now that KOM is clearly doing much better and in the driver' s seat for the ongoing merger talks.
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ckmpd1
Supreme |
23-Nov-2021 09:16
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yes.  quiet market for SMM is bad news for those shouting 30c.  even at 8.3c, nothing gets done. each passing day without contract win is a day closer to Mar 2022
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chart_expert123
Master |
23-Nov-2021 09:13
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Quiet kill market, especially a heavy loaded with junk shares.
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stanleytay
Master |
23-Nov-2021 09:08
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Today Keppel cheong man. HAHAHA
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ckmpd1
Supreme |
23-Nov-2021 09:04
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Wise insights
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ckmpd1
Supreme |
23-Nov-2021 09:03
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Good information.  Thanks
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chart_expert123
Master |
23-Nov-2021 08:55
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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7.8-7.9 support --> 8.9-9 resistance --> 8.1-8.2 support --> 8.6-8.7 resistance--> 1hr MACD going to cross 0 to negative. Target before merge 4-5 cents. | ||||
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chart_expert123
Master |
23-Nov-2021 08:53
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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When keppel fels who used to be shallow water jack up rigs world no 1 change their market target to shallow water jacket platform for windfarm and gas platform. No chance for SCM at all. Keppel fels World record completed 21 Jack up rigs in a year was a stunning achievement which scm only can wait till keppel fels fill up their order book only.
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ckmpd1
Supreme |
23-Nov-2021 08:51
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It is hilarious that those predictingSMM rising to 30c are taunting those who see SMM at 7c to buy now at 8.3c.  We dont buy at 8.3c to sell at 7c later. Instead simple logic dictates that those who see SMM at 30c shd buy low, at 8.3c, and sell high at 30c. Why are they not buying? |
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ttbanthony
Veteran |
23-Nov-2021 07:44
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Even BB can lose money and go bankrupt.
Better is still the Best My objective POV. Will you, those few C-something naysayers, provide more substantiated substance as to why SCM is bad instead of keep beating it down by talking it down.
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ckmpd1
Supreme |
23-Nov-2021 06:56
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Let those who think SMM is going to 30c accumulate at 8c+ As for you and me, we have made and got the luxury of watching the SMM show going into 2022.  Money is in our pockets and time is on our side.  In the meantime, enjoy SPH, SingTel, SCI and Kep Corp.  SPH just gave 3c dividend and its share has gone up from $1.90 to $2.35.  SMM has dropped from 20c to 8.3c
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ckmpd1
Supreme |
23-Nov-2021 06:50
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Agree.  Many companies are winning contracts and making profits.  But not SMM.    By saying it has shortage of workers, manpower morale problems, supply problems, etc is just giving excuses.  These are all under mgmt' s control and purview. SMM Mgmt must speak life and hope, not doom and gloom.
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MANFREDTMK
Master |
22-Nov-2021 21:51
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Nobody anticipated the RIGHTS Issue unless they have insider information. Now that the Rights is over, we are back to level playing field. In 2 months time, we will know who the real winners are. Everyone faces up and down in life, but we have the courage to fight back when push to the corner of the cliff. We don't jump down, we fight on and we will show you we will BE BACK..... during Chinese New Year. Even if you are correct, you can't win just by watching and commenting. You need to SHORT, the way we Buy. Otherwise, your joy only come from sadism which has no value, but bad Karma.
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weekaykee
Master |
22-Nov-2021 21:14
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" Better" has lost tons of money, having supposedly accumulated millions of shares close to / around 20 cts? We all recall his daily postings on how much he has bought for the day along with his similar large sized fonts postings on what a good buy SCM is. Well if he is still holding to those shares, he will be the biggest losers still active here. He dissapeared for a long time when the RI was announced and SCM' s price collapsed.  So you still think " Better" has more substance?
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weekaykee
Master |
22-Nov-2021 21:08
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Another local unknown player has won a $10b contract to develop a wind farm in Ireland. And SCM waiting forever to get contracts. $1billion losses for even 2023 are guaranteed.
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ttbanthony
Veteran |
22-Nov-2021 20:20
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Agree
Not that I am stucked I was even in the money when it ran up to 89/90 I kept it We are confident
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stanleytay
Master |
22-Nov-2021 20:17
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I just dont understand why people here like to see smm like a trading stock.. if they want to see fast movement, just trade the hot pennies. In fact if not for some spammer here, smm should not even be in the top chat thread here.
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ckmpd1
Supreme |
22-Nov-2021 20:14
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KOM will be profitable for FY 2021.  SMM has projected that it is likely to lose $1200m+.  KOM has $5.4B contracts.  SMM has $1.2B contracts.  Today KOM announced it has won a new contract.  SMM is unable to compete.  Shd KOM merge with SMM in the next three months? | ||||
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