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SembCorp Marine- The new Frontier.
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Starship
Supreme |
21-Oct-2021 13:18
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chart_expert123
Master |
21-Oct-2021 13:13
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Below are calculations for you to consider: If you are holding SGD 50,000 Sembmar shares which total shares are 50,000/0.08 = 625,000Shares. As per sembmar share 31.8Bil shares, your % of holding is 0.001965%. If you sell and spend 50,000 to buy Keppel Cor shares, total share that you will have is around 50,000/5.5 = 9,090 shares. as per Keppel corp total share, 1.819Bil shares, your % of holding is 0.00049973%. If it is 50-50% JV, 2bil shares are issued equally to both party from new entity: Your holding by holding Sembmar will be 0.5x0.001965x2bil/100 = 19,650 shares for the new entity. Your holding by holding Keppel Corp will be 0.5x0.00049973x2bil/100 = 4,997 Shares for the new entity. At the same times, you are holding Keppel Corp 9,090 shares. If it is 70-30% for a non cash involved JV, 2 Bil shares are issued 60-40%. Your holding by holding Sembmar will be 0.3x0.001965x2bil/100 = 11,790 shares for the new entity. Your holding by holding Keppel Corp will be  0.7x0.00049973x2bil/100 = 6,996 Shares for the new entity. At the same times, you are holding Keppel Corp 9,090 shares. So, the lousy, loss making of 1.3Bil Sembmar shall only entity less than 30% only (10% is the best), they are not worth to stand as equal as Keppel Corp. To make 1.819Bil Keppel Corp shareholders happy, we are 80%!!!!!, please give a better deal or else we say not to Temasek who only have 20%. TH who hold 50% or more sembmar shares to stop pump in another 2.3Bil cash, understand it. It is better than winding up Sembmar and sell all assets to Keppel O& M and lose face too. Anyway, for your reference. Trade with care and do your due diligence.
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ckmpd1
Supreme |
21-Oct-2021 13:10
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8c wall shd remain strong as some reasoned that SMM wont go below 8c and also some queues are faked by BBs.  So no fear..
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pkli899
Supreme |
21-Oct-2021 13:08
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LOL  ![]()
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vivacious
Supreme |
21-Oct-2021 13:05
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8c wall getting smaller. | ||||
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ckmpd1
Supreme |
21-Oct-2021 12:51
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some investors dont want to do their own analysis and prefer to believe what others say...that SMM will go to 30c, 40c...that' s why their reluctance to let go off SMM
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Chagatai
Veteran |
21-Oct-2021 12:50
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Okay
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ckmpd1
Supreme |
21-Oct-2021 12:49
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chart_expert123
Master |
21-Oct-2021 12:42
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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You always has another choice if you are still keeping a hope for the industry(sembmar is hopeless). BUY KEPPEL CORP FOR FREE SHARES. Temasek' s intension to merge Keppel O& M and Sembmar is compulsory. the JV shares, will be either 50-50% if combined entity is willing to pay extra cash(more than 500mio) to compensate economic effect which Keppel O& M is superior than Sembmar based on Order Books, Branding and Profit Margin. If non cash involve, then keppel corp share holders will get more than 50%, it may be 55, 60 or even 70% or more. Worst case is Sembmar file bankruptcy protection and move in JD, the company which will be commanded by Temasek to buy over all the assets from Sembmar will be Keppel O& M who are holding the experience to manage it. So you worry is just a nonsense, just you are willing to step forward, sell it and buy keppel corp shares only.  I guarantee after your selling on Sembmar and Keppel Corp, you will be joining us to watch the show comfortably in next 1 year and eventually be the winner of receive FREE SHARES which is MORE THAN 50% of new entity after the merge, PLUS enjoying the further action for M1 and SPH Potential development. All are positives and you will be positives as well.
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ckmpd1
Supreme |
21-Oct-2021 12:30
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It is your money.  You decide...to sell, to buy or to wait. Dont listen to forumners here.  No need to panic.   
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better
Elite |
21-Oct-2021 12:26
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You should sell all and run. The last time you did that, it rocketed.  After you bought back, it tanked. Maybe you could consider selling all. Your sacrifice will save us all. 
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ahboy8
Member |
21-Oct-2021 11:48
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Don' t need to panic.. Because if you plan to sell, you would have sell it previously when the price is right.. This is always like that. When someone holding, they will talk more positive news. When someone is shorting, they will spread all negative news. This is stock market. There is always up and down. But end of the day, decide by yourself what is the best. |
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TigerPlay
Master |
21-Oct-2021 11:23
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Yes, all the negative talk and energy here make me panic laiow leh, later my money all gone with the wind....thinking thinking ...should I show hand all and run too? | ||||
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mrwise
Supreme |
21-Oct-2021 11:19
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Lousy counter!!! Better run first!! Better ones eslewhere to invest!! Your money u decide!!!
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Chagatai
Veteran |
21-Oct-2021 10:39
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Bros y?all Sai until I at panic mode la keep thinking it will end up like Kris energy or Hyflux or Ezion Ezra countless others | ||||
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ckmpd1
Supreme |
21-Oct-2021 09:54
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SMM was desperate in Jun 2021.  Now it is more desperate.  It is going into negotiations  with KC from a position of weakness.  I dont expect SMM to get a good deal. SMM ought to know they shd negotiate from a position of strength, not weakness. Too late!  The longer it waits, the worse it gets
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chart_expert123
Master |
21-Oct-2021 09:49
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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1.7Bil againt 5.7 Bil order book. Since Sembmar run out of cash, a pure cash incinerator. Keppel Corp shall demand a JV Ratio as per order book. 23% VS 77%. Or else, just sit down and wait till Sembmar burst herself and buy their Tuas South Mega Yard from JD. This will be best option for Keppel O& M and say " NO" to temasek and Sembmar in the vote.   |
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TigerPlay
Master |
21-Oct-2021 09:24
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Really arh, 182mils sold ? who buying? IF got real buyer, today only 25mils q to buy, should be gone right, but no one selling to them? Big q, all these real buy sell or just planted by BB, own self buy n sell is it?
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ckmpd1
Supreme |
21-Oct-2021 05:30
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Good companies value their workers and treat them well.  SMM, thinking that it can get away with mistreatment, is silly. Will heads roll now that the Chinese govt and Chinese embassy are involved?  WWS and his mgmt team are doomed
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ckmpd1
Supreme |
21-Oct-2021 05:21
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Good advice, uiop1223.  Those holding SMM shares better have money in their wallets to dish help to SMM RI 2022 may be lower yhan 5c because SMM' s price is expected to plunge after MGO expires.  To how low? 7c, 6c, 5c?    so RI 2022 cld be 40c after 10:1 consolidation.  That works out to be 4c per SMM share now 
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