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SembCorp Marine- The new Frontier. Post Reply Rate topic
share456 Veteran	22-Oct-2021 12:11        share456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	the merged entity must be under keppel management to grow. if it is under SCM management, the merged enity will continue to sink further. confirmed SCM management must not be allowed to manage the merged entity. it is better for keppel to take over SCM at cheap price or Temasek to privatise SCM
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ahbui8 Master	22-Oct-2021 11:46        ahbui8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	8cts broken, the MGO will confirm won' t lapse.
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mrwise Supreme	22-Oct-2021 11:42        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Lousy counter!!! Stay caution!!  Starship      ( Date: 22-Oct-2021 11:40) Posted: ahbui8      ( Date: 22-Oct-2021 11:24) Posted: LOL all the positive on SMM are silence.
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Starship Supreme	22-Oct-2021 11:40        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	ahbui8      ( Date: 22-Oct-2021 11:24) Posted: LOL all the positive on SMM are silence.
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Starship Supreme	22-Oct-2021 11:29        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	vivacious      ( Date: 22-Oct-2021 09:53) Posted: so far 181,600 shares traded at 7.9c. Beginning of a downfall?
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ckmpd1 Supreme	22-Oct-2021 11:26        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	good news coming on 28 Oct chart_expert123      ( Date: 22-Oct-2021 11:16) Posted: Sembcorp Ind is happily up 4% today. Sembmar is toxic. Keppel Corp think twice for the merge plan or think a way to get rid of liabilities.
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ckmpd1 Supreme	22-Oct-2021 11:25        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	agree...SCI and Kep Corp are congolmerates and diversified solid blue chips.  Much better buys with good dividends.  SMM got to pay for Rights Issue and watch price go down uiop1223      ( Date: 22-Oct-2021 11:15) Posted: There are many shares listed in sgx. Even more in hk, us , eu? why foolishly must buy SMM? ckmpd1      ( Date: 22-Oct-2021 10:05) Posted: 2023 is a long way off.  shouldnt it be wise to sell 8c now, hold cash  and buy back later at a much lower price
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ahbui8 Master	22-Oct-2021 11:24        ahbui8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	LOL all the positive on SMM are silence.
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chart_expert123 Master	22-Oct-2021 11:16        chart_expert123 About Contact  Quote this Post!   Yells: "Only buy stock with revenue or net cash flow growth!!!!"
x 0   x 0  Alert Admin	Sembcorp Ind is happily up 4% today. Sembmar is toxic. Keppel Corp think twice for the merge plan or think a way to get rid of liabilities.
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uiop1223 Supreme	22-Oct-2021 11:15        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	There are many shares listed in sgx. Even more in hk, us , eu? why foolishly must buy SMM? ckmpd1      ( Date: 22-Oct-2021 10:05) Posted: 2023 is a long way off.  shouldnt it be wise to sell 8c now, hold cash  and buy back later at a much lower price? share456      ( Date: 22-Oct-2021 10:03) Posted: once MGO lapses, confirmed SCM will drop below 8 cents. better to sell now or hold shares until 2023.
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chart_expert123 Master	22-Oct-2021 11:12        chart_expert123 About Contact  Quote this Post!   Yells: "Only buy stock with revenue or net cash flow growth!!!!"
x 0   x 0  Alert Admin	Kep Corp never said they will let go O& M, they only quit rigs business. 5.7Bil order book, majority projects are FPSO. NOL can gone, Chartered Semi Con can gone, Sembmar can gone too. This is a wrong impression to think Merge Keppel O& M with Sembmar is to Keep SMM Alive.  In fact, it is for Keppel O& M take over Sembmar assets and remain listed in SGX. If SMM committed too much liabilities and lawsuit in Covid19, the Merge plan can be dropped, Keppel O& M can buy over all Sembmar assets from JDs from Bankers. Creditors will be more than happy to let Keppel O& M to manage the assets with new share allocation to them and IPO in SGX or other exchange.   ckmpd1      ( Date: 22-Oct-2021 10:58) Posted: Although SMM is in financial trouble, I take heart that Singapore is unlikely to let O& M die. Either SMM or KOM has to go.  Kep Corp already said it is letting go KOM.  So Singapore may go all out to keep SMM alive.  A lot of money will be needed to keep SMM alive. Dont be a  SH that is used as the ATM to keep SMM alive.  Let it fall until a very  cheap price, then buy
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ckmpd1 Supreme	22-Oct-2021 10:58        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Although SMM is in financial trouble, I take heart that Singapore is unlikely to let O& M die. Either SMM or KOM has to go.  Kep Corp already said it is letting go KOM.  So Singapore may go all out to keep SMM alive.  A lot of money will be needed to keep SMM alive. Dont be a  SH that is used as the ATM to keep SMM alive.  Let it fall until a very  cheap price, then buy
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ckmpd1 Supreme	22-Oct-2021 10:51        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes.  Many writings and indicators that SMM is in trouble.  1.  RI in 2020, 2.  RI in 2021 3. persistent  losses 4. weak mgmt 5. losing skilled workers. 6. no new strategy on how to win good and profitable contracts Only talk abt bidding for 10 new contracts.  The main weakness is silly  SHs who shout 30c and 40c coming    dlim888      ( Date: 22-Oct-2021 10:36) Posted: Really a very sad state  of affair for SMM , once was  profitable and  a blue chip  But writing already on the wall when CEO Wong had decided not to take up 21M of his rights entitlement @8cents
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dlim888 Member	22-Oct-2021 10:36        dlim888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Really a very sad state  of affair for SMM , once was  profitable and  a blue chip  But writing already on the wall when CEO Wong had decided not to take up 21M of his rights entitlement @8cents
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ckmpd1 Supreme	22-Oct-2021 10:18        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes.  That' s SMM' s game.  1.  Cant win contract, 2. Not willing to reduce expenditure, 3. Continue to incur hefty losses 4. No money, ask SHs to pay up andysim83      ( Date: 22-Oct-2021 10:12) Posted: mgmt really screw up.. hah tell you beforehand that losses will be same as 1H, indicating red light...so 1 year they wfh collect money from SH, 1 billion of RI money left deduct 650 mil.. left 350m in 2022...if no more money ask from SH again.. ckmpd1      ( Date: 22-Oct-2021 10:05) Posted: 2023 is a long way off.  shouldnt it be wise to sell 8c now, hold cash  and buy back later at a much lower price
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ckmpd1 Supreme	22-Oct-2021 10:13        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Trader1987      ( Date: 22-Oct-2021 10:11) Posted: Like I said, never say never. For those who commented " IT WILL NOT GO BELOW $0.08" - please grab all the 36M shares @ $0.08 LOLOL
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andysim83 Elite	22-Oct-2021 10:12        andysim83 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	mgmt really screw up.. hah tell you beforehand that losses will be same as 1H, indicating red light...so 1 year they wfh collect money from SH, 1 billion of RI money left deduct 650 mil.. left 350m in 2022...if no more money ask from SH again.. ckmpd1      ( Date: 22-Oct-2021 10:05) Posted: 2023 is a long way off.  shouldnt it be wise to sell 8c now, hold cash  and buy back later at a much lower price? share456      ( Date: 22-Oct-2021 10:03) Posted: once MGO lapses, confirmed SCM will drop below 8 cents. better to sell now or hold shares until 2023.
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Trader1987 Veteran	22-Oct-2021 10:11        Trader1987 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Like I said, never say never. For those who commented " IT WILL NOT GO BELOW $0.08" - please grab all the 36M shares @ $0.08 LOLOL
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EricY123 Member	22-Oct-2021 10:09        EricY123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I guess many people are thinking of selling at 0.08 and buying back at lower price. that is why price come to 0.08 now. Honestly speaking, beting price going down is just a beting also. Nobody is god. ckmpd1      ( Date: 22-Oct-2021 10:05) Posted: 2023 is a long way off.  shouldnt it be wise to sell 8c now, hold cash  and buy back later at a much lower price? share456      ( Date: 22-Oct-2021 10:03) Posted: once MGO lapses, confirmed SCM will drop below 8 cents. better to sell now or hold shares until 2023.
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honesty Master	22-Oct-2021 10:07        honesty About Contact  Quote this Post!
x 0   x 0  Alert Admin	both from Norway, SMM is singapore,  singapore govt should do what is good for local multinationals to get local big contracts and for the local multinationals to work with upstream contractors for material supplies etc upon receiving turnkey contracts from our govt. Equinor ASA (formerly Statoil and StatoilHydro) is a  Norwegian state-owned multinational energy company  headquartered in Stavanger awarded to  Aker Solutions ASA, an engineering company based in Oslo share456      ( Date: 22-Oct-2021 09:52) Posted: Below news shows that SCM has lost the Wisting FSPO contract from  Equinor . https://splash247.com/aker-solutions-awarded-feed-contract-for-wisting-fpso/   Aker Solutions awarded FEED contract for Wisting FPSO
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