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SembCorp Marine- The new Frontier.
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Hawker80
Senior |
24-Oct-2021 20:56
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to answer to your question fairly.. SMM project managers are still capable of doing the jobs, if not they should have already been fired.  The differences are Keppel maybe be delivering projects with better KPI, which might came from alot of different factors. For instance, if a keppel manager come and work in SMM. he should face the same problem as well.  So it does not justify that they should be better off being managed by Keppel.   
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Hawker80
Senior |
24-Oct-2021 20:41
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my personal opinion is we will see profit in smm after it merge with Keppel. The details will be coming out soon..   
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share456
Veteran |
24-Oct-2021 20:36
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https://sg.finance.yahoo.com/news/top-stock-highlights-week-sembcorp-000000033.html   Sembcorp Marine has released a sobering profit guidance for the second half of 2021 (2H2021). The group expects to continue incurring losses for 2H2021 despite the progress it has made in managing project completion delays. For the third quarter of 2021 (3Q2021), Sembcorp Marine has faced additional challenges. These include delays in the delivery of equipment due to border controls, slow recruitment of skilled labour, resignations of current skilled workers, and work disruptions arising from COVID-19 measures. The above has resulted in further project delays and escalated costs over the next three to nine months. The profit warning highlights the tough situation the group is facing even as it attempts to pivot its business towards the clean energy sector. The offshore and marine giant recently concluded its  second rights issue  in a year, but with continued losses, its balance sheet may face continued strain. It&rsquo s conceivable that if the losses do not let up, Sembcorp Marine may have to resort to a third rights issue next year. |
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ttbanthony
Veteran |
24-Oct-2021 20:32
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I suggest naysayers to write in to the IR of Sembcorp marine to confirm your negativity.
No name calling. Free to opine in this platform with differing views. |
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share456
Veteran |
24-Oct-2021 20:31
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Since SCM will not be profitable in 2022, when do you think SCM will be profitable ? 2023 or 2024 or 2025 ?  
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chart_expert123
Master |
24-Oct-2021 20:30
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Scammer, you are very funny.
Every project managers, engineers and workers who put hard work are earning their income with pride. Nobody doubt about their efforts. What questions here are the top and board management who make the commercial and critical decision and setting up the strategy and company cultures. Managers, engineers subcontractors and workers who put in hard works shall not always be the one suffering through retrenchment due to poor decision making and poor leadership. Merge between the companies, the top and board management are the one to compete and leave in next 1-2 years after merge. Staffs and employees below are still busy to bring in contracts through tender and finish up the jobs on hands. As per your post here, can see you are really a scammer and disgusting character
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share456
Veteran |
24-Oct-2021 20:29
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since you work in SCM, does SCM has to compensate for  the unfinished Johan Castberg project which will continue in Norway ? will SCM be sued for the delay and compensation ?  
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ckmpd1
Supreme |
24-Oct-2021 20:26
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Very wise perspective
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chart_expert123
Master |
24-Oct-2021 20:22
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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TH can bring you to court, mind your words. Don't ever think you can hide behind and not responsible to what your post and write here.
TH can simply earn hundred billion dollars through investment all the newly set up company such as Grab, Sea Ltd(shoppee) and many new tech company in China and global. Those companies are set up from zero value to multi billion or trillion worth MNC. TH objectives in bail out sembmar and SIA is never expecting how much they can earn from the local MNC, they just expect to rescue the companies, save the industries and save job and bring in revenue to Singapore. The 2.5bil TH dumped into the sembmar can go into the drain but they won't see the industry collapse especially behind sembmar and keppel o&m are thousands SMEs. Nevertheless, sembmar will be gone, the merge deal will go through and new entity will be formed. Only 1 name will be used for new entity, of course will be using keppel o&m as the branding. How the JV will be allocated, based on orderbook, revenue, and margin, TH and Sembmar has to please Keppel Corp to offer better deal to keppel Corp shareholders.
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better
Elite |
24-Oct-2021 20:11
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Just curious Hawker80, from an insider' s perspective as a SCM' s project manager, do you agree with the view of many forumers here that SCM' s project managers are junk, incompetent and Jiat liao bee    and they should be better off being managed by the superior Keppel OM' s project managers?
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Hawker80
Senior |
24-Oct-2021 19:57
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wow?? " " then start refuting those comments saying SMM cant take care of workers, rights issue in 2023, bankruptcy.. Why you pin point those who are vested in SMM." " ' since when i said that? dont simply quote me smth that i didnt say hor...  
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Starship
Supreme |
24-Oct-2021 19:31
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stanleytay
Master |
24-Oct-2021 19:23
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You just take it Im avoiding the question lor.. I thought you are some astute investor in SMM, turned out you are just some employee option newbie. I am not avoiding, i just dont want to answer your stupid questions. If you cannot take it, then so be it. You claimed you cannot let people make false statement about your company... then start refuting those comments saying SMM cant take care of workers, rights issue in 2023, bankruptcy.. Why you pin point those who are vested in SMM.
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Hawker80
Senior |
24-Oct-2021 19:14
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bro... why are you avoiding question? obvious about what? we see numbers.. there is no decrease in TH shares.. so if you say TH selloff shares , show the prove? dont just ownself say ownself shiock.. TH help us singaporeans so much in the economy.. now you say TH play us.. So please show evidence of play  
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stanleytay
Master |
24-Oct-2021 18:54
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Show TH play out retailer? Haha. Isnt it obvious? How many retailers suffer losses by selling at a low. You are against people making false statement about your company. Im a shateholder of SMM. There are so many negative comments abt smm going bankrupt,unable to take care of workers.. why dont you answer them? But you are right about one thing, you really dont know about shares. U behave like you are playing stocks for the first time. Really waste of time talking to a newbie.
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Hawker80
Senior |
24-Oct-2021 18:42
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bro.. 1. please dont twist my words... when did i say TH will die? I am on the side with biggest share holder TH. can you show the prove that i say TH will die? 2. Please show the prove TH play out retailer by selloff the shares?  3. I am against anyone who make false statement to the company i work on.  4. i might dont know about share, but i know very well what my company is doing.  5. If you said i have personal problem at the 1st place,  why do you interupt me? And bro.. please answer the question le.. You said TH play out retailer, and you said its not TH fault? how la like that? left hand whack right mouth?  
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stanleytay
Master |
24-Oct-2021 18:28
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Ksangks, sutiono just to name these two.. are just the few multiple accounts Ckmpd set up in this thread. Im sure by now its very clear for those who have been active in this thread
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stanleytay
Master |
24-Oct-2021 18:21
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No point calling me names.. im vested at 0.084 and will wait till after 3rd Nov for it to go up. What about you? Spamming the thread with so many negative comments.. whats your next action. You should tell Hawker that you are one of those being played out by this rights issue and force to sell at a low price.
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stanleytay
Master |
24-Oct-2021 18:17
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B4 the smm rights are announce, there was a selloff one day b4 in large volume. Who else will do that except the big boys who know b4 hand. You said TH will die. They are just happily absorbing the shares thrown out by retailers and other parties. Why would they die. When they accumulated enough shares, then they can start pushing up . Are you sure you play shares b4? You have a personal agenda against better, that is your own problem. Dont ask stupid questions here and pretend you know alot
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Chagatai
Veteran |
24-Oct-2021 17:57
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No use ridiculing people for their belief. No body knows how the price trend will be we are all punters here | ||||
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