| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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Godwinlow
Elite |
20-Oct-2021 09:38
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Submariner Stanley Tay welcome onboard 
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stanleytay
Master |
20-Oct-2021 09:32
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Then you all can continue to talk until 3rd Nov... Got one wake up at 5am to start spamming today. In the end, 8c still. Back to repeat mode.  
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share456
Veteran |
20-Oct-2021 09:32
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very very high chance, it will drop below 8 cents because there is no more 8 cents support from Teamsek
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ckmpd1
Supreme |
20-Oct-2021 09:32
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Better check whether MGO of 8c applies to new buyers
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ckmpd1
Supreme |
20-Oct-2021 09:30
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whether 8c holds today is immaterial for an investor.  He is looking at the future of SMM.  1. Can it remain a going concern.  2.  Is it better to sell now or after mid nov 3. what will the price be when SMM decalres its 2H 2021
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share456
Veteran |
20-Oct-2021 09:29
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it cannot drop below 8 cents. if it drop to 7.5 cents, many will buy $7.5 milions of SCM and sell to Temasek at $8 millions. 
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TigerPlay
Master |
20-Oct-2021 09:26
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BB doesn' t want the 8cts wall to break, they park 107mils there, no one retailer can move it lar | ||||
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vivacious
Supreme |
20-Oct-2021 09:24
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will 8c hold? Many dumping yet still steady | ||||
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Godwinlow
Elite |
20-Oct-2021 09:23
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Submarine want to merge to submerge. Who want buy, we salute you after it submerge. If that' s how you want to be remembered for your bravery | ||||
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weekaykee
Master |
20-Oct-2021 09:21
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Only until the MGO expires. After that it will be a straight dive below 8cts.
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share456
Veteran |
20-Oct-2021 09:20
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Temasek knows SCM cannot survive on its own, it forces keppel and SCM to merge. Confirmed SCM CEO will not lead the new merged company.  
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ckmpd1
Supreme |
20-Oct-2012:45
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SMM is hanging on a fragile straw.  SMM may try: 1.  Consolidate shares 10:1 2. Share capital reduction from 31B to 3.1B 3. Consolidated share price becomes 80c instead of 8c 4. when share price drops to 50c, RI at 30c Silly investors may just bite the bait
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weekaykee
Master |
20-Oct-2021 09:19
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Add in the $500m needed for the KOM merger, i believe the rights will come in as early as 1st Qtr 2022.
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stanleytay
Master |
20-Oct-2021 09:18
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Yes... so nervous now. Actually hope MGO will end earlier. Everyday see you all post 5c,6c. But price still 8c
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ksangks
Senior |
20-Oct-2021 09:17
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Spot On !
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ckmpd1
Supreme |
20-Oct-2021 09:16
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In such bad econmic situation, oil rig companies are spoilt for choice.  Why shd any company want to sign a contract with a precarious and risky company and risk SMM going bankrupt?  They can choose to award contracts to more solid S Korean or Chinese companies. SMM need to know that being a cry baby, blaming problems and annual rights issues are not going to endear them with oil rig companies. |
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Godwinlow
Elite |
20-Oct-2021 09:15
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And that' s why submerge 
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chart_expert123
Master |
20-Oct-2021 09:15
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Doubt if can raise any rights. 20 then 8, next will be 3cents only? for 50Bil shares to raise 1.5Bil again? Just let it JD. Temasek still has Keppel O& M.
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share456
Veteran |
20-Oct-2021 09:14
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Continuing loss of SCM is confirmed due to mismanagement because they cannot take care of workers in dormitory, how to grow the company? CEO needs to step down. No way, SCM can be profitable under current CEO.   |
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share456
Veteran |
20-Oct-2021 09:11
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2021 right issue left $1 billions. 2H loss of about 700 millions will deplete the right issue balance to $300 millions. $300 millions is insufficient for 2022, confirmed will need right issue in 2022.    |
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