Latest Forum Topics /
Sembcorp Ind
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SembCorp Industries
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vivacious
Supreme |
04-Jun-2020 11:02
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for those that bought 1.50 and way above...NOT SONG at all
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vivacious
Supreme |
04-Jun-2020 11:00
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mkt selldown....looks like it' s a gd day to halt. Smart move!!
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weekaykee
Master |
04-Jun-2020 10:59
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The only other option is bankruptcy. Beggars cannot be choosers.
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Sgvale
Supreme |
04-Jun-2020 10:57
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SembMarine if offer $1.20......song bo? | ||||
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SgTrader17
Elite |
04-Jun-2020 10:56
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The halt will probably till tomorrow. Today is rest day for us. | ||||
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123Sang
Senior |
04-Jun-2020 10:48
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New Group President and CEO will be on board on 1st July, so why make major decision now?    | ||||
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Siwomp
Supreme |
04-Jun-2020 10:46
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Looking at Olam' s case, Temasek is not very good at buying public companies on the cheap.
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des_khor
Supreme |
04-Jun-2020 10:45
Yells: "Tell me who is God or Market Fortune Teller in this forum ??" |
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Maybe semmarine asks money from semcorp again ? | ||||
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weekaykee
Master |
04-Jun-2020 10:45
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Well said and this is the best time for an entity like Temasek to make a move. Acquistions can be made at the lowest possible price.
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SgTrader17
Elite |
04-Jun-2020 10:40
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I personally think that this is the best time to act for any acquisition or merger. Because SM is really not going to turnaround anytime soon and the more time they drag, with the current world economy situation, it will not work out for both SM and SCI. Might as well do the right thing and let SCI shines. If not, its profitable sectors will forever be dim and shadowed by the drag of having SM in deep red. For three long years ... SCI price from about $4.00 to now $1.53. Not even half price left. Shareholders all kena snooked big long time. Hope not another blank cheque this time. | ||||
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vivacious
Supreme |
04-Jun-2020 10:35
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maximize value can mean maximize SHARE PRICE value mah lol
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SgTrader17
Elite |
04-Jun-2020 10:34
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Btw, going through the AGM reply from recent post, company just said that will "continue to regularly review our portfolio for opportunities to maximize value for our shareholders". Does it mean anything? Or say one thing, then announcement is not ... ? Lol | ||||
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vivacious
Supreme |
04-Jun-2020 10:31
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all waiting with bated breath. Dont think i rem SCI and SM halted at the same time. Privatization news very likely.   |
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yehyeh
Senior |
04-Jun-2020 10:31
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SM also halt ? 
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SgTrader17
Elite |
04-Jun-2020 10:29
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Search for the trading halt for SCI. This is the first trading halt I have got from my search since year 2016. | ||||
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yehyeh
Senior |
04-Jun-2020 10:29
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Well, kena one big time at singtel.. i hVe bad feeling 
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Siwomp
Supreme |
04-Jun-2020 10:21
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Can refer back to the Keppel O& M case..........In my opinion, this is a chess piece move, their eventual target is SM or SCI.
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weekaykee
Master |
04-Jun-2020 10:20
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Then SCI price would have collapsed yesterday. Temasek would also not allow this as it would be negative for SCI which is already losing $$ from SCM. Unless it is a strategic move for SCI to temporarily buy over / privatise SMC before making a better deal with Keppel Corp to merge SCM with their Keppel Offshore & Marine. If so, Temasek would be giving guarantees behind the scene.
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FATABA
Supreme |
04-Jun-2020 10:18
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This is NOT a big issue as it turn to a personal capacities.......NOT SCI issue if I am not wrong here.  Shld be positive .  UPDATE IN RELATION TO BRAZIL Singapore, June 4, 2020 - Sembcorp Marine Ltd (& ldquo SCM& rdquo or the & ldquo Company& rdquo ) refers to its announcements dated 3 July 2019, 8 July 2019 and 3 February 2020 in connection with the ongoing investigations related to & ldquo Operacao Lava Jato& rdquo (Operation Car Wash) in Brazil. Further to the earlier announcements, the Company wishes to update that it has come to the Company& rsquo s attention that the Federal Justice Court of Curitiba accepted the complaint offered by the Federal Public Ministry (& ldquo MPF& rdquo ) in Paraná against Mr Guilherme Esteves de Jesus (& ldquo GDJ& rdquo ) for money laundering and the ex-employee Mr Martin Cheah Kok Choon (& ldquo Martin Cheah& rdquo ) for money laundering and corruption in connection with certain drilling rig construction contracts entered into by subsidiaries of the Company with Sete Brasil in 2012. Martin Cheah is the former President of Estaleiro Jurong Aracruz Ltda (& ldquo EJA& rdquo ), the Company& rsquo s Brazilian subsidiary whose employment with the SCM group was terminated in June 2015. Companies connected to GDJ were engaged by the Company& rsquo s subsidiaries as consultants, with all such consultancy contracts having been suspended, and remain suspended, by the SCM group indefinitely. The above charges filed against Martin Cheah and GDJ by the MPF are in their personal capacities and not against EJA. The Company will continue to monitor developments in Brazil with respect to the above matters, and will make appropriate announcements in the event of any material developments. 
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Sgvale
Supreme |
04-Jun-2020 10:17
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Possible. That's why Sembcorp Marine run up yesterday. Unlikely anything to do w Keppel, cos no halt today
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