| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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rlong8288
Master |
24-Jun-2021 17:39
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Yumgong lo Right issue  | ||||
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SembMarineLong
Veteran |
24-Jun-2021 17:36
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Worst news ever.  Short to enjoy now.
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Goldfinger
Supreme |
24-Jun-2021 17:35
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Since the rights price is so cheap, I will take up and apply for excess rights, but not $1.5b worth, hahah. Happy trading. | ||||
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1c2e3s
Veteran |
24-Jun-2021 17:31
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dilute the share again?
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darkh000
Member |
24-Jun-2021 17:30
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https://links.sgx.com/1.0.0/corporate-announcements/55F8B7S76RPXVICU/82f930c856de35b1ee339ef194293fe5baf68e63ced5a90303e26a0ecdad8e80 | ||||
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kvyang
Veteran |
24-Jun-2021 17:29
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Confirmed?
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alwayshopeful
Senior |
24-Jun-2021 17:28
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Jialat.
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bystander1965
Supreme |
24-Jun-2021 17:26
Yells: "What I say is just my assessment. DYODD" |
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Sh*t 1.5b rights again. | ||||
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bystander1965
Supreme |
24-Jun-2021 17:24
Yells: "What I say is just my assessment. DYODD" |
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Ya if merger then share swap will be the best outcome in the worst case scenario.
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bystander1965
Supreme |
24-Jun-2021 17:22
Yells: "What I say is just my assessment. DYODD" |
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Contracts can be cancelled and KC had a number of cancellations the past year. Anyway they are not included in the books because they have not materialized. The best is just good will. That then depends on the negotiating parties.
Regarding the net debt of KOM look it up in their latest financial report. KC broke down each segment. It is somewhere in the report.
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Lobster
Elite |
24-Jun-2021 17:21
Yells: "Even Adam Khoo believes in the Black Market!" |
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I think one of the options is to form a new company, with a new name, (like Keppel Marine) with KC having the majority share than SCM. Shareholders in KC will get free shares in the form of dividends in species and SCM shareholders will get a ratio exchange of shares for shares. Not insiders info, but heard only as one of the option. | ||||
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darkh000
Member |
24-Jun-2021 17:12
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Sorry I wasn' t following KOM. Could you share how you derive that KOM has negative assets? Would contracts assets have some values in it, given that valuation can be projected based on contracts assets?
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desmodeus
Veteran |
24-Jun-2021 16:54
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end of the day, it is either Keppel' s or Sembcorp' s shareholders celebrating. who has more muscle | ||||
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bystander1965
Supreme |
24-Jun-2021 16:45
Yells: "What I say is just my assessment. DYODD" |
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Ya that definitely would be a much better choice. Still remember last Aug one goondu tried to entice me to join them. Took a look at the book. Man. Who would want to touch it? The sequence of events after was very typical. Go check out the BG of the so call tycoon. I saw a piece on cimb and him. Red flags straight away.
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Checkerman
Master |
24-Jun-2021 16:39
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I have chosen Ass Pain 😀
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bystander1965
Supreme |
24-Jun-2021 16:38
Yells: "What I say is just my assessment. DYODD" |
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Not necessary. You are assuming SCM will be acquiring.
Even then there are many ways to raise funds. KOM has negative assets. So theoretically it has 0 value give it for free the acquirer still has to assume debt instead of assets. 🤪 So if SCM is to acquire all the dead assets must be removed. Then it will make sense. They can for example raise bonds, w KOM in net asset then there is value to do so. Etc etc.
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bystander1965
Supreme |
24-Jun-2021 16:33
Yells: "What I say is just my assessment. DYODD" |
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You shorted ? Since u said 16 or 17 were coming?😜
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rookie$$
Member |
24-Jun-2021 16:32
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So exciting
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SembMarineLong
Veteran |
24-Jun-2021 16:27
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Hold the guesses. We will know once the news is out tomorrow or next Mon, or maybe later on. Long to enjoy |
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ahboy8
Member |
24-Jun-2021 16:23
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Anyway no point guessing.. But for sure, i can tell you there will be 3 conclusion.. Good news = Going Up = all happy Neutral news = then i also don' t know why halt for so long Bad news = Siao liao!   |
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