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naoshingo Elite	17-Oct-2020 17:39        naoshingo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Also Keppel O& M had been plagued with corruptions and scandals... SM seems to have a " cleaner reputation..."
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St.Maximus Supreme	17-Oct-2020 17:39        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yep, projects are sure good and high tech stuff. Need tiger lady to appreciate first and press the fire button to rocket! Hang in there. naoshingo      ( Date: 17-Oct-2020 17:35) Posted: Projects are good. But for SM....the key Jackpot moment is when Tiger Lady Press the " MERGE" button.
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naoshingo Elite	17-Oct-2020 17:35        naoshingo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Projects are good. But for SM....the key Jackpot moment is when Tiger Lady Press the " MERGE" button.
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St.Maximus Supreme	17-Oct-2020 17:30        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	O dear, laksaman, are you becoming my clone?  laksaman57      ( Date: 17-Oct-2020 17:12) Posted: Booking many projects don' t necessarily auto translate into profit. Can also be losses.  St.Maximus      ( Date: 17-Oct-2020 12:39) Posted: Don' t put ideas into SMM management heads leh... that will make many present investors lose all hope. Can be like some others who give investors hope? As to why SMM keep dropping, one possible reason: It is a fallen gem. Once fallen, very hard to rise again. Unless there is a real miracle! And what experience does SMM have in building giant windfarms?
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danger Supreme	17-Oct-2020 17:16        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Japan has kicked off its first tender for offshore wind capacity, seeking parties willing to build and operate a floating wind farm off the southern prefecture of Nagasaki. The tender for the Goto project was initiated on Wednesday, the Ministry of Economy, Trade and Industry said. The proposed wind farm will have a capacity of at least 16.8 MW.
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Brycal_88 Member	17-Oct-2020 17:12        Brycal_88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank you Better! I feel better also.... Wish all have a joyful weekend.
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laksaman57 Supreme	17-Oct-2020 17:12        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Booking many projects don' t necessarily auto translate into profit. Can also be losses.  St.Maximus      ( Date: 17-Oct-2020 12:39) Posted: Don' t put ideas into SMM management heads leh... that will make many present investors lose all hope. Can be like some others who give investors hope? As to why SMM keep dropping, one possible reason: It is a fallen gem. Once fallen, very hard to rise again. Unless there is a real miracle! And what experience does SMM have in building giant windfarms?
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Alson18 Senior	17-Oct-2020 15:27        Alson18 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Better,  tks for sharing your knowledge and insight! Respect👍 👏 better      ( Date: 17-Oct-2020 15:01) Posted: For windfarm, there are 4 main components: Substation, Wind turbine foundation, wind turbine and specialised support vessels to support the windfarm (like the recent S$600 million contract Keppel secured) SMM can do Substation, foundation and support vessels. Substation is like a floating platform, more complex and likely higher margin Offshore wind energy continues to gain traction around the world, and a large number of wind farms are currently still under planning or pending tender results I believe many European and US utility/ energy companies do not want to do biz with the Chinese if possible (because of the fear of technology theft) if SMM and Keppel O& M can offer a competitive quote on their wind farm projects. SMM would be providing their 3rd Q biz update in about 2-3 weeks time. Hope to buy a few more bunches at 14+ cents before that.
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St.Maximus Supreme	17-Oct-2020 15:09        St.Maximus About Contact  Quote this Post!
x 1   x 0  Alert Admin	Thank you so much bro better for your explanations to the intricacies of windfarming. A traditional farmer like me need be educated by you on such complex high tech 'farming'. My point is simply this. We cannot simply expect profits to roll in just because we have secured some multi million dollar contracts in a relatively new venture that has not proven itself profitable at least in the case of SMM. If and when it has, then we can launch deeper into it and continue to expand. But as shown, it is a capital intensive investment and much more capital may be required. Thank you again bro better. This prospect sounds exciting to me. And I might just buy into their technology just for a peek at it.
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better Elite	17-Oct-2020 15:01        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	For windfarm, there are 4 main components: Substation, Wind turbine foundation, wind turbine and specialised support vessels to support the windfarm (like the recent S$600 million contract Keppel secured) SMM can do Substation, foundation and support vessels. Substation is like a floating platform, more complex and likely higher margin Offshore wind energy continues to gain traction around the world, and a large number of wind farms are currently still under planning or pending tender results I believe many European and US utility/ energy companies do not want to do biz with the Chinese if possible (because of the fear of technology theft) if SMM and Keppel O& M can offer a competitive quote on their wind farm projects. SMM would be providing their 3rd Q biz update in about 2-3 weeks time. Hope to buy a few more bunches at 14+ cents before that.
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St.Maximus Supreme	17-Oct-2020 14:45        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.oecd.org/sti/ind/Item%203.2%20Tholen_Shipyard%20activities_2015.pdf There is a pretty comprehensive article above about the relationship between shipyards and the offshore industry, whether it is renewables or oil and gas exploration. It is a good read for those who want to explore further potential in the area which SMM wants to enter, albeit a few years later than when this article was first presented.
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St.Maximus Supreme	17-Oct-2020 14:18        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanx for answering my query, Better, Next questions, are these windfarms already generating power and how much? Are they profitable?? better      ( Date: 17-Oct-2020 14:10) Posted: To answer St.Maximus' s question- what experience do SMM has in buidling gaint windfarm? Obviously St.Maximus has not read up on SMM at all. Best to ignore him In FY2018, SMM was awarded a contract for engineering, procurement, hook-up and commissioningworks to deliver two offshore wind farm substation topsides to Ø rsted Wind Power&rsquo s subsidiary Optimus Wind Limited, which will be deployed at the Hornsea 2 Offshore Wind Farm in the United Kingdom North Sea. In September 2019, SMM was awarded a contract with Jan De Nul n.v.to fabricate 15 jacket foundations for the Formosa 2 Offshore Wind Farm. The above projects are what they are working on now to gain first hand experience to help launch SMM into the trillion dollars offshore wind biz in the coming decades. As offshore wind market is expected to expand 10 to 20 folds in the next decade in Europe, SMM' s shipyards in UK ancd Norway will enable them to capture a big slice of the offshore wind biz. there.
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St.Maximus Supreme	17-Oct-2020 14:16        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, just asking a question and you want everybody to ignore me. This is a key question I am asking which many of us do not know.
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StayCooler Member	17-Oct-2020 14:15        StayCooler About Contact  Quote this Post!
x 0   x 0  Alert Admin	Old news. Dated 10 Jul. Wish to hear any new wins like Keppel FELS. Peter88      ( Date: 17-Oct-2020 10:15) Posted: https://www.straitstimes.com/business/companies-markets/sembcorp-marine-and-ge-bag-contract-to-build-giant-wind-farm-in-north-sea   SINGAPORE (THE BUSINESS TIMES) - Sembcorp Marine and its consortium partner have been picked by German utilities company RWE as the preferred suppliers of the electrical transmission system for one of the world' s biggest offshore wind farms located at the sea north-east of the United Kingdom. Sembcorp Marine, together with GE Renewable Energy' s Grid Solutions, will start early design works for the Sofia Offshore Wind Farm this month. The full contract is subject to a final investment decision, which is due in the first quarter of 2021. If approved, it is expected that Sembcorp Marine will build and install the wind farm' s offshore converter platform.
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better Elite	17-Oct-2020 14:10        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	To answer St.Maximus' s question- what experience do SMM has in buidling gaint windfarm? Obviously St.Maximus has not read up on SMM at all. Best to ignore him In FY2018, SMM was awarded a contract for engineering, procurement, hook-up and commissioningworks to deliver two offshore wind farm substation topsides to Ø rsted Wind Power&rsquo s subsidiary Optimus Wind Limited, which will be deployed at the Hornsea 2 Offshore Wind Farm in the United Kingdom North Sea. In September 2019, SMM was awarded a contract with Jan De Nul n.v.to fabricate 15 jacket foundations for the Formosa 2 Offshore Wind Farm. The above projects are what they are working on now to gain first hand experience to help launch SMM into the trillion dollars offshore wind biz in the coming decades. As offshore wind market is expected to expand 10 to 20 folds in the next decade in Europe, SMM' s shipyards in UK ancd Norway will enable them to capture a big slice of the offshore wind biz. there.
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john_ric Supreme	17-Oct-2020 13:43        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	TH runs out of $$$. so must look at    retail    investors. 5 cents also good mah.
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danger Supreme	17-Oct-2020 13:01        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Stocky901 must  be waiting to get a good F###  from us Rights issue when right issue just over 1.5 months ago !!?? Now scm has $600 million working capital from temasek.. This gem will rocket soon
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St.Maximus Supreme	17-Oct-2020 12:39        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don' t put ideas into SMM management heads leh... that will make many present investors lose all hope. Can be like some others who give investors hope? As to why SMM keep dropping, one possible reason: It is a fallen gem. Once fallen, very hard to rise again. Unless there is a real miracle! And what experience does SMM have in building giant windfarms?
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Stocky901 Supreme	17-Oct-2020 12:30        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	But why SCM keep dropping ah 😨 😨 ? More rights issues needed?.. this time maybe at 5 cents? danger      ( Date: 17-Oct-2020 09:58) Posted: STRIKING DISTANCE.... danger      ( Date: 11-Sep-2020 13:58) Posted: Sembcorp Marine and GE bag $5.3 billion contract to build giant wind farm in North Sea The 593 sq km wind farm, located on Dogger Bank in the North Sea, represents about £ 3 billion (S$5.3 billion) in investment in the UK' s electricity infrastructure. It will provide clean electricity to almost 1.2 million homes in the UK, the marine arm of Sembcorp Industries said Sembcorp Marine and its consortium partner have been picked by German utilities company RWE as the preferred suppliers of the electrical transmission system for one of the world' s biggest offshore wind farms located at the sea north-east of the United Kingdom.
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Alson18 Senior	17-Oct-2020 12:20        Alson18 About Contact  Quote this Post!
x 0   x 0  Alert Admin	More good reasons to invest... danger      ( Date: 17-Oct-2020 09:58) Posted: STRIKING DISTANCE.... danger      ( Date: 11-Sep-2020 13:58) Posted: Sembcorp Marine and GE bag $5.3 billion contract to build giant wind farm in North Sea The 593 sq km wind farm, located on Dogger Bank in the North Sea, represents about £ 3 billion (S$5.3 billion) in investment in the UK' s electricity infrastructure. It will provide clean electricity to almost 1.2 million homes in the UK, the marine arm of Sembcorp Industries said Sembcorp Marine and its consortium partner have been picked by German utilities company RWE as the preferred suppliers of the electrical transmission system for one of the world' s biggest offshore wind farms located at the sea north-east of the United Kingdom.
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