Back

Latest Forum Topics / Seatrium    Last:0.091 --

Post Reply

SembCorp Marine- The new Frontier. Post Reply Rate topic
ckmpd1 Supreme	08-Jun-2021 17:26        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes. Looks like the baseline is 20.5cents now and going up.  Those who wanted to sell would have sold by now.  Those who want to buy SMM must be prepared to pay for at least 20.5cents from tmrw onwards better      ( Date: 08-Jun-2021 17:20) Posted: Like clock work, the accumulator sold a few lots at the closing nano seconds to end the day 20 cents unchanged. Low volume and almost no seller at 20 cents. The buyer is unabashedly accumulating at 20.5 which seems to be the new base camp.
Useful To Me  Not Useful To Me
better Elite	08-Jun-2021 17:20        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Like clock work, the accumulator sold a few lots at the closing nano seconds to end the day 20 cents unchanged. Low volume and almost no seller at 20 cents. The buyer is unabashedly accumulating at 20.5 which seems to be the new base camp.
Useful To Me  Not Useful To Me
tonyja Elite	08-Jun-2021 14:23        tonyja About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sembcorp Marine: S51 +2.5%: The marine and offshore engineering group has  begun exploring alternative sources of skilled labour, as it continues to face a shortage with the increased restrictions implemented in Phase 2 (Heightened Alert), it said in an update on Tuesday. This is likely to incur increased manpower costs for ongoing projects and that it would coordinate with customers to reschedule project completions, the group added. It on Monday night said its wholly-owned unit, Jurong Shipyard, has  revised the delivery dates of two ultra-deepwater drill ships  it had been contracted to build. Shares of Sembcorp Marine closed flat at S$0.20 on Monday, before the announcement.
Useful To Me  Not Useful To Me
wehuattogether88 Supreme	08-Jun-2021 13:46        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Long to HUAT More! SembMarineLong      ( Date: 08-Jun-2021 12:41) Posted: Long to enjoy
Useful To Me  Not Useful To Me
SembMarineLong Veteran	08-Jun-2021 12:41        SembMarineLong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Long to enjoy
Useful To Me  Not Useful To Me
tonyja Elite	08-Jun-2021 12:39        tonyja About Contact  Quote this Post!
x 0   x 0  Alert Admin	orh noted thanks. huat everyone bystander1965      ( Date: 08-Jun-2021 12:34) Posted: The announcement was made last night via sgx. Better also posted the announcement. Go back a few pages and u will see just before u made the first comments. This transocean thing has been around since I think 2014. Better has also been talking about it. Hence my question earlier. tonyja      ( Date: 08-Jun-2021 12:28) Posted: i asked the investor relationship and they replied   Thank you for your email.    With regards to your query, the announcement relates to our existing projects under construction for Transocean.      Please find attached the pdf of the announcement for your reference.    Thank you and best regards, Sembcorp Marine Investor Relations Team Sembcorp Marine Enters into Amendment Agreements with Transocean Offshore Deepwater Holdings Limited Singapore, 7 June 2021: Sembcorp Marine Ltd (the &ldquo Company&rdquo ) wishes to announce that Jurong Shipyard Pte Ltd (&ldquo JSPL&rdquo ), a wholly owned subsidiary of the Company, has entered into Amendment Agreements with Transocean Offshore Deepwater Holdings Limited (&ldquo Transocean&rdquo ) to revise the delivery dates of two ultra-deepwater drillships it has contracted to build for Transocean. Under the Amendment Agreements which took into due consideration work disruptions arising from the COVID-19 pandemic, the delivery dates of the two vessels have been rescheduled to December 2021 for the first vessel, Deepwater Atlas, and May 2022 for the second vessel, Deepwater Titan. The Amendment Agreements further provide that upon the respective delivery of the vessels, Transocean will make a partial delivery payment, followed by deferred delivery instalment payments of the balance amounts payable under the contracts. To date, Transocean has already paid 35% and 30% of the contract price for Deepwater Atlas and Deepwater Titan respectively. Deepwater Atlas: Under the first Amendment Agreement, Transocean will make a US$50 million payment to JSPL upon delivery, with the remaining sum of approximately US$370 million payable in quarterly instalments with accrued interest within five years from the delivery date. All amounts outstanding are secured by a mortgage over the vessel and parent company guarantee issued by Transocean Inc. Deepwater Atlas is expected to commence drilling operations on the Shenandoah project in the U.S. Gulf of Mexico with BOE Exploration & Production LLC in the second half of 2022. Deepwater Titan: Under the second Amendment Agreement, Transocean will pay JSPL 80% of the amount payable upon delivery or approximately US$350 million, and the remaining 20% or approximately US$90 million will be payable in quarterly instalments with accrued interest within five years from the delivery date. All amounts outstanding are secured by a parent company guarantee provided by Transocean Inc. Deepwater Titan is expected to commence drilling operations with Chevron U.S.A Inc. in the first quarter of 2023. Deepwater Atlas and Deepwater Titan are the first set of next-generation drillships with ultradeepwater drilling capability to be constructed in Singapore. They are also the only drillships in the world with three million pound hook-load and capable of 20,000 psi drilling operations. Designed and equipped to optimise fuel consumption and reduce emissions, these drillships will support the industry&rsquo s commitment to a reduction in carbon footprint. &ldquo The completion of the Amendment Agreements is a significant step forward and underlines the collaborative spirit of all parties and their determination to see two drillships built to the highest specifications for ultra-deepwater deployment be put into operation,&rdquo said Mr Wong Weng Sun, President & CEO of Sembcorp Marine. Company Registration Number: 196300098Z2 &ldquo In the face of challenges stemming from the COVID-19 pandemic, Transocean has demonstrated understanding of the situation and confidence in Sembcorp Marine&rsquo s EPC capabilities to complete the two highly complex drillship projects. Excluding these two drillships, Sembcorp Marine has delivered eight drilling rigs to Transocean,&rdquo Mr Wong added. The two Amendment Agreements are not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of the Company for the year ending 31 December 2021. About Sembcorp Marine Sembcorp Marine provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has close to 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. Sembcorp Marine&rsquo s solutions focus on the following areas: Renewables, Process, Gas, Ocean Living and Advanced Drilling Rigs. Sembcorp Marine&rsquo s customers include major energy companies, owners of floating production units, shipping companies and cruise and ferry operators. They are supported by four commercial units: Rigs & Floaters Repairs & Upgrades Offshore Platforms and Specialised Shipbuilding. Sembcorp Marine operates shipyards and other facilities in Singapore, Indonesia, the United Kingdom, Norway and Brazil.
Useful To Me  Not Useful To Me
bystander1965 Supreme	08-Jun-2021 12:34        bystander1965 About Contact  Quote this Post!   Mood: Yells: "What I say is just my assessment. DYODD"
x 0   x 0  Alert Admin	The announcement was made last night via sgx. Better also posted the announcement. Go back a few pages and u will see just before u made the first comments. This transocean thing has been around since I think 2014. Better has also been talking about it. Hence my question earlier. tonyja      ( Date: 08-Jun-2021 12:28) Posted: i asked the investor relationship and they replied   Thank you for your email.    With regards to your query, the announcement relates to our existing projects under construction for Transocean.      Please find attached the pdf of the announcement for your reference.    Thank you and best regards, Sembcorp Marine Investor Relations Team Sembcorp Marine Enters into Amendment Agreements with Transocean Offshore Deepwater Holdings Limited Singapore, 7 June 2021: Sembcorp Marine Ltd (the &ldquo Company&rdquo ) wishes to announce that Jurong Shipyard Pte Ltd (&ldquo JSPL&rdquo ), a wholly owned subsidiary of the Company, has entered into Amendment Agreements with Transocean Offshore Deepwater Holdings Limited (&ldquo Transocean&rdquo ) to revise the delivery dates of two ultra-deepwater drillships it has contracted to build for Transocean. Under the Amendment Agreements which took into due consideration work disruptions arising from the COVID-19 pandemic, the delivery dates of the two vessels have been rescheduled to December 2021 for the first vessel, Deepwater Atlas, and May 2022 for the second vessel, Deepwater Titan. The Amendment Agreements further provide that upon the respective delivery of the vessels, Transocean will make a partial delivery payment, followed by deferred delivery instalment payments of the balance amounts payable under the contracts. To date, Transocean has already paid 35% and 30% of the contract price for Deepwater Atlas and Deepwater Titan respectively. Deepwater Atlas: Under the first Amendment Agreement, Transocean will make a US$50 million payment to JSPL upon delivery, with the remaining sum of approximately US$370 million payable in quarterly instalments with accrued interest within five years from the delivery date. All amounts outstanding are secured by a mortgage over the vessel and parent company guarantee issued by Transocean Inc. Deepwater Atlas is expected to commence drilling operations on the Shenandoah project in the U.S. Gulf of Mexico with BOE Exploration & Production LLC in the second half of 2022. Deepwater Titan: Under the second Amendment Agreement, Transocean will pay JSPL 80% of the amount payable upon delivery or approximately US$350 million, and the remaining 20% or approximately US$90 million will be payable in quarterly instalments with accrued interest within five years from the delivery date. All amounts outstanding are secured by a parent company guarantee provided by Transocean Inc. Deepwater Titan is expected to commence drilling operations with Chevron U.S.A Inc. in the first quarter of 2023. Deepwater Atlas and Deepwater Titan are the first set of next-generation drillships with ultradeepwater drilling capability to be constructed in Singapore. They are also the only drillships in the world with three million pound hook-load and capable of 20,000 psi drilling operations. Designed and equipped to optimise fuel consumption and reduce emissions, these drillships will support the industry&rsquo s commitment to a reduction in carbon footprint. &ldquo The completion of the Amendment Agreements is a significant step forward and underlines the collaborative spirit of all parties and their determination to see two drillships built to the highest specifications for ultra-deepwater deployment be put into operation,&rdquo said Mr Wong Weng Sun, President & CEO of Sembcorp Marine. Company Registration Number: 196300098Z2 &ldquo In the face of challenges stemming from the COVID-19 pandemic, Transocean has demonstrated understanding of the situation and confidence in Sembcorp Marine&rsquo s EPC capabilities to complete the two highly complex drillship projects. Excluding these two drillships, Sembcorp Marine has delivered eight drilling rigs to Transocean,&rdquo Mr Wong added. The two Amendment Agreements are not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of the Company for the year ending 31 December 2021. About Sembcorp Marine Sembcorp Marine provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has close to 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. Sembcorp Marine&rsquo s solutions focus on the following areas: Renewables, Process, Gas, Ocean Living and Advanced Drilling Rigs. Sembcorp Marine&rsquo s customers include major energy companies, owners of floating production units, shipping companies and cruise and ferry operators. They are supported by four commercial units: Rigs & Floaters Repairs & Upgrades Offshore Platforms and Specialised Shipbuilding. Sembcorp Marine operates shipyards and other facilities in Singapore, Indonesia, the United Kingdom, Norway and Brazil.    better      ( Date: 08-Jun-2021 11:18) Posted: What he meant was that if you have been following this thread, how would you not have known instantly that it is an amendment of terms and not a new contract
Useful To Me  Not Useful To Me
tonyja Elite	08-Jun-2021 12:28        tonyja About Contact  Quote this Post!
x 0   x 0  Alert Admin	i asked the investor relationship and they replied   Thank you for your email.    With regards to your query, the announcement relates to our existing projects under construction for Transocean.      Please find attached the pdf of the announcement for your reference.    Thank you and best regards, Sembcorp Marine Investor Relations Team Sembcorp Marine Enters into Amendment Agreements with Transocean Offshore Deepwater Holdings Limited Singapore, 7 June 2021: Sembcorp Marine Ltd (the &ldquo Company&rdquo ) wishes to announce that Jurong Shipyard Pte Ltd (&ldquo JSPL&rdquo ), a wholly owned subsidiary of the Company, has entered into Amendment Agreements with Transocean Offshore Deepwater Holdings Limited (&ldquo Transocean&rdquo ) to revise the delivery dates of two ultra-deepwater drillships it has contracted to build for Transocean. Under the Amendment Agreements which took into due consideration work disruptions arising from the COVID-19 pandemic, the delivery dates of the two vessels have been rescheduled to December 2021 for the first vessel, Deepwater Atlas, and May 2022 for the second vessel, Deepwater Titan. The Amendment Agreements further provide that upon the respective delivery of the vessels, Transocean will make a partial delivery payment, followed by deferred delivery instalment payments of the balance amounts payable under the contracts. To date, Transocean has already paid 35% and 30% of the contract price for Deepwater Atlas and Deepwater Titan respectively. Deepwater Atlas: Under the first Amendment Agreement, Transocean will make a US$50 million payment to JSPL upon delivery, with the remaining sum of approximately US$370 million payable in quarterly instalments with accrued interest within five years from the delivery date. All amounts outstanding are secured by a mortgage over the vessel and parent company guarantee issued by Transocean Inc. Deepwater Atlas is expected to commence drilling operations on the Shenandoah project in the U.S. Gulf of Mexico with BOE Exploration & Production LLC in the second half of 2022. Deepwater Titan: Under the second Amendment Agreement, Transocean will pay JSPL 80% of the amount payable upon delivery or approximately US$350 million, and the remaining 20% or approximately US$90 million will be payable in quarterly instalments with accrued interest within five years from the delivery date. All amounts outstanding are secured by a parent company guarantee provided by Transocean Inc. Deepwater Titan is expected to commence drilling operations with Chevron U.S.A Inc. in the first quarter of 2023. Deepwater Atlas and Deepwater Titan are the first set of next-generation drillships with ultradeepwater drilling capability to be constructed in Singapore. They are also the only drillships in the world with three million pound hook-load and capable of 20,000 psi drilling operations. Designed and equipped to optimise fuel consumption and reduce emissions, these drillships will support the industry&rsquo s commitment to a reduction in carbon footprint. &ldquo The completion of the Amendment Agreements is a significant step forward and underlines the collaborative spirit of all parties and their determination to see two drillships built to the highest specifications for ultra-deepwater deployment be put into operation,&rdquo said Mr Wong Weng Sun, President & CEO of Sembcorp Marine. Company Registration Number: 196300098Z2 &ldquo In the face of challenges stemming from the COVID-19 pandemic, Transocean has demonstrated understanding of the situation and confidence in Sembcorp Marine&rsquo s EPC capabilities to complete the two highly complex drillship projects. Excluding these two drillships, Sembcorp Marine has delivered eight drilling rigs to Transocean,&rdquo Mr Wong added. The two Amendment Agreements are not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of the Company for the year ending 31 December 2021. About Sembcorp Marine Sembcorp Marine provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has close to 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. Sembcorp Marine&rsquo s solutions focus on the following areas: Renewables, Process, Gas, Ocean Living and Advanced Drilling Rigs. Sembcorp Marine&rsquo s customers include major energy companies, owners of floating production units, shipping companies and cruise and ferry operators. They are supported by four commercial units: Rigs & Floaters Repairs & Upgrades Offshore Platforms and Specialised Shipbuilding. Sembcorp Marine operates shipyards and other facilities in Singapore, Indonesia, the United Kingdom, Norway and Brazil.    better      ( Date: 08-Jun-2021 11:18) Posted: What he meant was that if you have been following this thread, how would you not have known instantly that it is an amendment of terms and not a new contract? tonyja      ( Date: 08-Jun-2021 10:45) Posted: i have been buying for quite a while le. do you see any price cheong
Useful To Me  Not Useful To Me
bystander1965 Supreme	08-Jun-2021 12:25        bystander1965 About Contact  Quote this Post!   Mood: Yells: "What I say is just my assessment. DYODD"
x 0   x 0  Alert Admin	Very scary ... Some of f you can read my mind like a book. 😜 better      ( Date: 08-Jun-2021 11:18) Posted: What he meant was that if you have been following this thread, how would you not have known instantly that it is an amendment of terms and not a new contract? tonyja      ( Date: 08-Jun-2021 10:45) Posted: i have been buying for quite a while le. do you see any price cheong
Useful To Me  Not Useful To Me
Isolator Supreme	08-Jun-2021 11:53        Isolator About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Long now...to enjoy...
Useful To Me  Not Useful To Me
better Elite	08-Jun-2021 11:18        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	What he meant was that if you have been following this thread, how would you not have known instantly that it is an amendment of terms and not a new contract? tonyja      ( Date: 08-Jun-2021 10:45) Posted: i have been buying for quite a while le. do you see any price cheong? bystander1965      ( Date: 08-Jun-2021 06:52) Posted: Have u been following this thread
Useful To Me  Not Useful To Me
SembMarineLong Veteran	08-Jun-2021 10:50        SembMarineLong About Contact  Quote this Post!
x 0   x 0  Alert Admin	The price is gonna stay like this until some contracts are secured. Long to enjoy tonyja      ( Date: 08-Jun-2021 10:45) Posted: i have been buying for quite a while le. do you see any price cheong? bystander1965      ( Date: 08-Jun-2021 06:52) Posted: Have u been following this thread
Useful To Me  Not Useful To Me
tonyja Elite	08-Jun-2021 10:45        tonyja About Contact  Quote this Post!
x 0   x 0  Alert Admin	i have been buying for quite a while le. do you see any price cheong? bystander1965      ( Date: 08-Jun-2021 06:52) Posted: Have u been following this thread? tonyja      ( Date: 08-Jun-2021 01:33) Posted: Jv369 this is not new contract. It' s amendment
Useful To Me  Not Useful To Me
PhillipTan Supreme	08-Jun-2021 09:22        PhillipTan About Contact  Quote this Post!   Mood:
x 1   x 0  Alert Admin	The marine and offshore engineering group has  begun exploring alternative sources of skilled labour, as it continues to face a shortage with the increased restrictions implemented in Phase 2 (Heightened Alert), it said in an update on Tuesday. This is likely to incur increased manpower costs for ongoing projects and that it would coordinate with customers to reschedule project completions, the group added. It on Monday night said its wholly-owned unit, Jurong Shipyard, has  revised the delivery dates of two ultra-deepwater drill ships  it had been contracted to build. Shares of Sembcorp Marine closed flat at S$0.20 on Monday, before the announcement. Sembcorp Marine unit revises delivery dates for two drill ships due to Covid-19 https://www.businesstimes.com.sg/companies-markets/sembcorp-marine-unit-revises-delivery-dates-for-two-drill-ships-due-to-covid-19 Sembmarine seeking alternative labour sources likely to incur extra costs https://www.businesstimes.com.sg/companies-markets/sembmarine-seeking-alternative-labour-sources-likely-to-incur-extra-costs
Useful To Me  Not Useful To Me
SembMarineLong Veteran	08-Jun-2021 09:17        SembMarineLong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Long to enjoy
Useful To Me  Not Useful To Me
better Elite	08-Jun-2021 09:15        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Daily Purchase Program- collected 40k @ 20 cents.    Filled Quantity @ Price Date (Market Time) Counter Party 40000 SGD 0.20000 08/06/2021 UOB KAY HIAN 14 days to merger announcement. Trade safe and DYODD
Useful To Me  Not Useful To Me
bystander1965 Supreme	08-Jun-2021 08:57        bystander1965 About Contact  Quote this Post!   Mood: Yells: "What I say is just my assessment. DYODD"
x 0   x 0  Alert Admin	哈 哈 ， 您 听 出 俺 滴 弦 外 之 音 。 msksmsks      ( Date: 08-Jun-2021 07:40) Posted: 老 弟 ， 也 许 因 TH 的 关 系 ， 迫 于 无 奈 。 bystander1965      ( Date: 08-Jun-2021 06:51) Posted: SMM has decided to shoot itself on the foot again. KOM not affected or any other? Virtually all labour intensive sectors are affected and why no one makes that obvious announcement but SMM? Transparency? How about announcement of contract wins like the LT service contract they kept quiet until Q1 update? 😂
Useful To Me  Not Useful To Me
TigerPlay Master	08-Jun-2021 08:42        TigerPlay About Contact  Quote this Post!
x 1   x 0  Alert Admin	Should be aonother **long yawnnnnnnn....days like the many days before, ownself buy ownself.......booooorrrrrriiinnnnngggg.....hope prove me wrong today....up or down does not matter, just movvvvvveeeee it.... SembMarineLong      ( Date: 08-Jun-2021 08:26) Posted: Long to enjoy
Useful To Me  Not Useful To Me
SembMarineLong Veteran	08-Jun-2021 08:26        SembMarineLong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Long to enjoy
Useful To Me  Not Useful To Me
ADS2200 Veteran	08-Jun-2021 08:26        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	They are preparing for the next move. Just be patience
Useful To Me  Not Useful To Me

                                                         First   < Newer   12181-12200 of 17131   Older>   Last