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SEMBCORP MARINE - BAYBERRY
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Abe2021
Veteran |
12-May-2022 21:18
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Reflection of the market. Starting to recover Modec still in the red but emerging from difficult period Japanese FPSO giant forecasting an annual profit after three years of big net losses 11 May 2022 9:29 GMT UPDATED 11 May 2022 9:29 GMT By Russell Searancke Japanese floating production giant Modec has reported a net loss of US$16.6 million in the first quarter of 2022 as it pulls itself out of difficult financial times in the recent past. The company is predicting a return to profitability in 2022, with a full-year net profit forecast of $22 million. This compares to a net loss last year of $363 million attributed to extra costs on Brazilian FPSOs.. | ||||
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ahbui8
Master |
12-May-2022 21:15
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I think all cash out after the halt
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bystander1965
Supreme |
12-May-2022 20:35
Yells: "What I say is just my assessment. DYODD" |
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Very strange. Where are all the regulars before the halt? | ||||
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Abe2021
Veteran |
12-May-2022 20:27
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Uiop1223, you are right....here the market is so pathetic.
In ASEAN stock markets by turnover, 1 Thailand, 2 Vietnam, 3. Singapore.
Anyway Bayberry will be competing internationally, so we are definitely talking about the industry and the market.
WB pulled out his funds from banking into O&G,
Of course he must have studied which market first then the company.
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eugesun
Elite |
12-May-2022 17:18
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Yes, definitely good return...now a second chance to load at sub 90...thank you bad bad boys...
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Abe2021
Veteran |
12-May-2022 17:16
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Eugesun, should see good return. Took them years and years before finally see fruition. Must say it has perform fairly well over the last few days. Monday is PH. CE is about the future. Decarbonisation is really the game changer. PM Lee already said Singapore' s offshore wedding date has been set. Now the hard work begins - Also means rewards.
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uiop1223
Supreme |
12-May-2022 16:56
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😎 😎 😎
Buy Sgx though 😄
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Jojo823
Member |
12-May-2022 15:46
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Hope so lol 😁
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eugesun
Elite |
12-May-2022 15:39
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Don't worry lar, it will pump up by end of year..
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take5hi5
Member |
12-May-2022 15:33
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deemed | ||||
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take5hi5
Member |
12-May-2022 15:27
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It is okay, uiop1223. You have already deeded SGX is a shorting heaven. Continue your short positions, no worries. |
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uiop1223
Supreme |
12-May-2022 15:23
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WB buy oil & gas doesnt mean buy SMM
Its like comparing WB buying Apple shares and people here buy creative? |
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take5hi5
Member |
12-May-2022 14:35
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Actually, if no confident, should cut loss or even short. Since more of your other counters are under water too. If not, just hold for a period of time, SCM should be alright in a longer period. Even having inflation, still needs oil, gas, green energy. As mentioned by someone, Warren Buffeff cut banking shares, investing on oil and gas now | ||||
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Jojo823
Member |
12-May-2022 14:11
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With a cost position of $0.108, I'm not sure when only I can get back my money, don't dare to mention about gain, I just hope no loss incur lol..😂 | ||||
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eugesun
Elite |
12-May-2022 10:16
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True...now BB playing 0.1 cents difference...so boring..
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take5hi5
Member |
12-May-2022 09:28
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It doesn' t mean US down, other have to follow. It can be money flew to safer place | ||||
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eugesun
Elite |
12-May-2022 08:10
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Whole US market down, algorithm will take it in and short more...just wait to load up again...future is bright..
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Abe2021
Veteran |
12-May-2022 07:54
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Why people stop posting?
I keep posting the facts of the matters. Peoplel will think siow even Tiger will sian. Anyway hope the longists and shortists will come together. That's when heaven and earth collide! If I want to post all Teh news about oil and gas, you know for sure why Warren Buffets guru took up a huge stake in it. I think frenzy is correct.... Even HK is also doing it Decarbonisation is the game changer. |
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Abe2021
Veteran |
12-May-2022 06:08
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Even the report said FEED (Front End Engineering Design) frenzy: Three chase FPSO deal for Eni?s for 1 billion barrel Angolan project
One European and two Asian contractors set to submit commercial offers in bid to supply floating production, storage and offloading vessel for Eni's Agogo scheme |
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Abe2021
Veteran |
11-May-2022 22:39
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Last few days of trading shows some kind of frustration in this counter. While most stocks are in the sea of red. SMM is salmon swimming against the tide 🤔 Market is filled with exuberant. Got to be patience Time will tell.... We already know market already made its assessment, nothing that we said can change it. So BayWatch | ||||
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