Back

Latest Forum Topics / Seatrium    Last:0.091 --

Post Reply

Sembmarine_Green is the new gold_a better future Post Reply Rate topic
better Elite	01-Nov-2020 19:34        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	You can go first for the buy one get two free burgers deal at 12 (senior first).  I plan to queue at 11.8 tomo. It has puzzled me for many weeks why anyone dare to zai  太 岁 头 上 动 土 .  as in, why anyone dare to sell down SMM right in front of Temasek' s nose when they own 42.6% of the entity It became obvious to me lately as I watched the chain of events unfold and the deafening media silence. Initially, SMM and to a lessor degree Sembcorp were sold down to jawbone minority shareholders to agree to demerger and whitewash Then, Keppel and SMM were sold down to gently persuade shareholders to accept any merger deal that is going to be tabled shortly. If the perceived value of SMM and Keppel O& M is high, shareholders' expectation will be high, like 10+years ago, and that would be a great obstacle for Temasek engineer the marriage as it is not their style to fork out to much for a deal. So the conspiracy theory is this: the manipulators who have being pushing down SMM' s and to a lessor degree Keppel' s share price has the implicit (wink wink type) permission from Temasek. Explicit permission is of course illegally.     St.Maximus      ( Date: 01-Nov-2020 16:52) Posted: Great! Bro. Better, you are getting us thinking about inflation and that is what all central banks try to manage. " Excessive money printing globally would lead to higher interest rates and inflation," you say. Generally true, but the US had been doing that since GFC 2008-09 with their rounds of QE, but the inflation many worried did not come. Yes, price inflation in raw materials will filter down to us in the form of higher business costs which are passed on to consumers and hence the dreaded inflation (CPI / RPI increases). Thank you for pointing out the phenomenon of inflation so often neglected. It will come. Finally, the recovery will depend on how fast COVID blows over, it may well be 2021 2H, but subject to COVID conditions. Investors in SMM or in any security need to pay heed. 12 cents, bro Better? I bet you will be queuing tomorrow. Let me beat you to it... haha!   better      ( Date: 01-Nov-2020 16:33) Posted: My take is that a more visible and tangible economic recovery will only begin in the second half of 2021. Even then, it will be in fits and starts for the next 4 to 5yrs. Excessive money printing globally would lead to higher interest rates and inflation. Early signs of inflation is visible in the strong showing of many hard and soft commodities. For example: 2 yrs ago: Soybean futures $850,  Iron Ore futures $72  Palm oil futures $1900    Copper futures $2.20    Natural gas futures $3.30 Today:  Soybean futures $1050,  Iron Ore futures $120  Palm oil futures $3200  Copper futures $3.05  Natural gas futures $3.3
Useful To Me  Not Useful To Me
better Elite	01-Nov-2020 16:54        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, all yards are in a long downturn, One of the postives for SMM and to a certain degree Keppel O& M is that they have long given up the cut throat competition of ship building where steel work is the base expertise.   They are focusing or specialising in building complex offshore structures where every structure is different and specfic engineering requirements. In other words, they have given up being a GP to be a specialist since 20+ years ago. For a FPSO construction, it is not uncommon that the structure (steel work) is done in China for lower costing and the topside (engineering work) is completed in Singapore like the Energean FPSO currently under construction by SMM. Singapore has an edge in the engineering aspect because of IP protection. Our patents are filed strategically in China, South Korea, US, Europe for obvious reasons. For those who are interested to read more:  https://www.sembmarine.com/scm2016/wp-content/uploads/2020/10/Dolphin_Oct2020_6_highres.pdf And for obvious reasons, Temasek has an implicit duty to see that we continue to thrive in offshore engineering (distinct from offshore steel work) so that we could continue to have those high value jobs in Singapore Longtermer      ( Date: 01-Nov-2020 10:59) Posted: Every yards are suffering the same down turns. The strong ones will survive and thrive when the crisis is over and the industry turn around. SCM is also diversifying into green mkt or renewable energy which is the future. Just need to be patient. Trading at depressed valuation is not really the time to sell imo. Lets see the coming results guildance foir more visibilty going fwd..    ysh2006      ( Date: 01-Nov-2020 10:45) Posted: Likely many bidders are interested...SK Middle East & Chinese yards
Useful To Me  Not Useful To Me
better Elite	01-Nov-2020 16:33        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	My take is that a more visible and tangible economic recovery will only begin in the second half of 2021. Even then, it will be in fits and starts for the next 4 to 5yrs. Excessive money printing globally would lead to higher interest rates and inflation. Early signs of inflation is visible in the strong showing of many hard and soft commodities. For example: 2 yrs ago: Soybean futures $850,  Iron Ore futures $72  Palm oil futures $1900    Copper futures $2.20    Natural gas futures $3.30 Today:  Soybean futures $1050,  Iron Ore futures $120  Palm oil futures $3200  Copper futures $3.05  Natural gas futures $3.30 St.Maximus      ( Date: 01-Nov-2020 04:56) Posted: Finally brother better, many are predicting an economic rebound in 2021. I think 2022 may be the stronger rebound year... more time required for a stronger rebound as in time is needed for storing the energy of a rebound before it actually happens. What do the others think? Go on, we may speculate!
Useful To Me  Not Useful To Me
better Elite	01-Nov-2020 01:17        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	First of all, SMM is not really in the oil and gas business. They are in the business of building complex structure only if they are offshore. Rystad Energy, a leading energy research firm expects offshore oil and gas investments to rebound strongly next year with nearly half of that investment going to floating production and storage.  In fact, Rystad&rsquo s analysts said that over the next five years, 40 percent of newbuilds for the energy industry would be FPSOs. The reason for that is simple, offshore projects have much lower breakeven than US fracking and other onshore energy sources. So while the energy major like Exxon, Chevron, Shell and BP etc are reducing their capital investment, they are actually increasing their offshore investment even as we speak, especial pertaining to the natural gas complex. That is why the Natural Gas supply chain is the no.1 growth frontier for both SMM and Keppel O& M, follow by renewable like offshore windfarm. Temasek recognises the immense profit potential of the offshore energy biz in the coming years, which is why they are eager for the merger to happen to maximise the profit potential. Keppel knows that very well, which is why they are likely to take part cash and an equity stake in the merged entity.   St.Maximus      ( Date: 31-Oct-2020 23:07) Posted: Oil and gas (O& G) is not exactly a sunset industry. If it were, we would be in trouble because almost all industries rely on oil and gas industry just as every industry relies on the banking industry. The depressed prices of crude oil is making companies in the oil industry to lose money. So SCI/ Keppel profits declined from 2014 when oil reached a peak and started falling from over 100 USD /barrel to near 35 USD /barrel now. As long as oil demand is low which leads to lower oil prices, SMM/Keppel O/M will face continuing headwinds. This is a fact both sets of shareholders will have to face, unfortunately. So, even if Keppel O/M and SMM merge, the merged entity will face the same problem.
Useful To Me  Not Useful To Me
better Elite	31-Oct-2020 21:59        better About Contact  Quote this Post!
x 0   x 1  Alert Admin	Precisely, the logical conclusion should be to sell Keppel and buy SMM. To get Keppel to sell their O& M segment, need to offer them at least book value. The sales per se would bring KC' s share price from 0.79x book value to about 0.9x of current book value, giving it a 10+% upside potential To get SMM shareholders to agree, transaction will be have To be done at close to book value. This will rerate SMM from 0.4x book value to close to 1.0x book value, giving it a 250% upside potential. This could likely be those once in a decade opportunity in the Singapore market that you could find this type of profit probability. So, yes, selling my KC to buy more SMM. Selling SCI to buy more SMM will make even more sense as it would likely trade close to or below $1 once SMM starts to surge on the merger news. Trade safe and win big!  danger      ( Date: 31-Oct-2020 19:56) Posted: To accelerate its Vision 2030 roadmap, the group has established a transformation office, along with a 100-day plan to drive results across all segments.   DBS noted that the O& M strategic review could be concluded by the end of this year, which will be a potential rerating catalyst.   As yard restructuring is much needed in this prolonged downturn, the review will " shine some light at the end of this long tunnel ' , Ms Ho said.   We believe spinning off the (O& M) business would be deemed positive, allowing Keppel to focus on its other businesses, she said. Less than 98 days
Useful To Me  Not Useful To Me
better Elite	30-Oct-2020 20:42        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	This guy is even more bullish than me, expecting it to break 1.1 by year end. I am only targeting 0.45 to 0.6 in a year' s time. humblestudent666      ( Date: 30-Oct-2020 20:04) Posted: Never get married to a stock, it is too poisonous. I was dreaming when I thought it could fight back up. Cut everything at 0.17x and decided to buy other stock. Luckily timing was good to me and I managed to make back my losses in smm. The sellers are in full control, I expect this to break below 1.1 by year end.
Useful To Me  Not Useful To Me
better Elite	30-Oct-2020 17:47        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oh, btw, I did not get the 12 cents order. Too far behind the queue liao.
Useful To Me  Not Useful To Me
better Elite	30-Oct-2020 17:45        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yup, nothing is totally safe in life. We could all die tomo, literally. Looking forward to buy some more at 11+ cents next week. More buy one get two free burgers for me please.  After all, as what bro Danger is saying, I am just a paper trader. So technically, i have unlimited buying power and no pain.
Useful To Me  Not Useful To Me
better Elite	30-Oct-2020 16:23        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	By my estimate, the big manipulator of SMM shares is like a few hundred million shares short at round 19 to 24 cents average. While they know that some corporate action is imminent, they are betting that they would be able to cover eventually with a decent profit. Utimately, the losers would be SMM minority shareholder pre rights issue who did not or could not subsribe and to a lessor degree, SCI retail shareholders who sold their free shares at the cheap. The good thing about buying shares with cash is that there is no margin call, unlikie trading futures. Let' s see how this all pan out eventually. It' s truly exciting to witness this first hand.
Useful To Me  Not Useful To Me
better Elite	30-Oct-2020 15:36        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	wow, your ten cent is bigger than cow cart wheel!  Starship      ( Date: 30-Oct-2020 15:28) Posted:
Useful To Me  Not Useful To Me
better Elite	30-Oct-2020 15:34        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, I am helping to absorb the selling. Managed to buy a bunch at 12.2 Waited til 2pm for my morning order to clear. Queuing for another bunch at 12.    If they want to bring it to the 11 handle by weekend, need to clear the 12 cents queue. 11+mil shares ahead of me. Not sure how much of it is genuine though. Cheers and trade safe! weishent      ( Date: 30-Oct-2020 15:19) Posted: With the cash flow, and reduce debt from the rights issue. SMM ready to grow and get more contracts. strength company and ride out the storm. Now is to absorb the selling and build on confidence
Useful To Me  Not Useful To Me
better Elite	30-Oct-2020 11:44        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dear bro Danger, just for the record, I started buying SMM at around $0.70 and not $1+ Find me a post that I said $1+  if you can. Still a bit unfortunate to start buying at $0.70 thoiugh, not being aware that a rights issue is on the way. My average is in the low 20s. Now waiting for Temasek' s next move.  I did not buy into this counter on the hope of merger etc, but from the media silence lately, I am sure that some major corporate restructuring might be announced soon. And danger, you are not mean, just get the numbers right if you would like to quote my disastrous purchase timing. Much appreciated!   danger      ( Date: 30-Oct-2020 11:27) Posted: bro better not that i am MEAN your buying statement has zero credilbility anynore since plunging from $1 better      ( Date: 30-Oct-2020 11:26) Posted: Agree wholeheartedly!  Am queuing to buy a bunch at 12.2 . Only 1+mil shares ahead of me. should be able to get. Trade safe!
Useful To Me  Not Useful To Me
better Elite	30-Oct-2020 11:29        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Insider told me that it would be announced after market closes today.  danger      ( Date: 30-Oct-2020 11:23) Posted: anyone hear any news or rumours about the merger of keppel offshore and sembmarine ? what time announce ?
Useful To Me  Not Useful To Me
better Elite	30-Oct-2020 11:26        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree wholeheartedly!  Am queuing to buy a bunch at 12.2 . Only 1+mil shares ahead of me. should be able to get. Trade safe!   Shifu8888      ( Date: 30-Oct-2020 10:34) Posted: Depending on the news plus macro east winds. I am not surprise if the tide can bring it back above 20. But it needs a perfect combination of factors. Bry_2004      ( Date: 30-Oct-2020 10:04) Posted: no doubt SMM price would spike (probaly 10% to 20% ) when something is worked out.. as i have shared about 2 months ago..when is this going to happen? close to 40% value has been wiped out since the de merger, much more even if we look at it before the demerger announcement, how much more to go? and IF it does get that spike, does it even return u to prices at pre rights and pre demerger announcement?  at this rate, it will be nowhere close even.. and that is still dependent on the big IF
Useful To Me  Not Useful To Me
better Elite	29-Oct-2020 23:15        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yup, at the rate it is going, pretty soon.... St.Maximus      ( Date: 29-Oct-2020 23:11) Posted: No thanks, brother.  Will leave you to buy SMM. As many continue to sell, you may accumulate and become substantial shareholder soon! better      ( Date: 29-Oct-2020 23:08) Posted: Sell  SCI and buy SMM. SCI' s estimated gearing at 2.5x vs SMM' s below 1. SCI is in competitive Singapore utility market which got Hyflux bankrupted. SMM has the offshore wind and recently surging natural gas prices blowing in its favour and a truck load of cold hard cash. SCI is in a cash crunch and making loss in H1 2020 ex SMM' s contribution
Useful To Me  Not Useful To Me
better Elite	29-Oct-2020 23:13        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually, selling KC to buy SMM also make a lot of sense SMM at 12.5 cents is like Keppel selling for $2. SMM and Keppel similiar gearing ratio SMM has similiar profit potential as Keppel SMM has 42% of its book value in cash while Keppel has 15% SMM trading at 0.41x book value while Keppel at 0.78x
Useful To Me  Not Useful To Me
better Elite	29-Oct-2020 23:08        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sell  SCI and buy SMM. SCI' s estimated gearing at 2.5x vs SMM' s below 1. SCI is in competitive Singapore utility market which got Hyflux bankrupted. SMM has the offshore wind and recently surging natural gas prices blowing in its favour and a truck load of cold hard cash. SCI is in a cash crunch and making loss in H1 2020 ex SMM' s contribution
Useful To Me  Not Useful To Me
better Elite	29-Oct-2020 17:31        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Placed a outliner buy order at 12.3 this morning but did not get. Would try to buy at 12.2 tomo morning. Hope can buy a few more bunches at 12+ cents before Q3 update at mid Nov.  Trade Safe!
Useful To Me  Not Useful To Me
better Elite	29-Oct-2020 10:18        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	I was smarter this round. Queued at 1+am at 12.5 About 8mil shares ahead of me at 12.5 Then morning got filled automatically. Likely would do that for my next few purchases to get better prices.
Useful To Me  Not Useful To Me
better Elite	29-Oct-2020 10:10        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just bought some at 12.5 Hope can buy a few more 12+ cents bunch before Q3 update. weishent      ( Date: 29-Oct-2020 09:55) Posted: Support at .126 come on SMM
Useful To Me  Not Useful To Me

                                                         First   < Newer   1661-1680 of 3459   Older>   Last