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chart_expert123 Master	28-Jan-2022 12:28        chart_expert123 About Contact  Quote this Post!   Yells: "Only buy stock with revenue or net cash flow growth!!!!"
x 0   x 0  Alert Admin	Profit warning after CNY, price gap down after result out. Your cash flow is a scam. don' t scam. Keppel Corp is always Temasek best baby which allocated best scholars to be board management. SCM CEO, malaysia Uni graduates, good in playing politic but poor in communication to media. better      ( Date: 28-Jan-2022 11:41) Posted: The merger and its terms are far from confirm despite KC' s keenness to call it. One of the traits of KC' s top of the league snake oil salesman CEO Loh Chin Hwa is his ability to put words in Temasek' s mouth. He has tried that a number of times.  Temasek (who owns 55% of SCM) is known to be a tough bargainer. Also, any merger terms will be subjected to the approval of SCM' s minority shareholders. SCM will be flooded with cash by Q1 this year when Energean FPSO, Transocean Altas, Ropoax ferries, Formosa jackets are delivered. And the $30 million cash collection from Borr drilling yard refinancing... SCM Cash flow analysis Cash balance as at 30th June- $788mil Proceed from rights issue- +$1.5billion Pay off short term loan- $430mil + $150mil utilised for working capital- $100mil +$100mil Projected Cash balance at 31 Dec 2021 = 788 + 1500 - 580 - 200 =  $1.5 billion Projected cash balance by Q1 2022 > $2billion.   weekaykee      ( Date: 28-Jan-2022 11:21) Posted: But SCM is likely to call a rights issue soon which will further devalue it and merger terms are very likely to be tilted heavily in favour of KC/KOM, despite KOM being a smaller player. No wonder SCM is not moving today despite confirmation of the merger
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better Elite	28-Jan-2022 11:41        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	The merger and its terms are far from confirm despite KC' s keenness to call it. One of the traits of KC' s top of the league snake oil salesman CEO Loh Chin Hwa is his ability to put words in Temasek' s mouth. He has tried that a number of times.  Temasek (who owns 55% of SCM) is known to be a tough bargainer. Also, any merger terms will be subjected to the approval of SCM' s minority shareholders. SCM will be flooded with cash by Q1 this year when Energean FPSO, Transocean Altas, Ropoax ferries, Formosa jackets are delivered. And the $30 million cash collection from Borr drilling yard refinancing... SCM Cash flow analysis Cash balance as at 30th June- $788mil Proceed from rights issue- +$1.5billion Pay off short term loan- $430mil + $150mil utilised for working capital- $100mil +$100mil Projected Cash balance at 31 Dec 2021 = 788 + 1500 - 580 - 200 =  $1.5 billion Projected cash balance by Q1 2022 > $2billion.   weekaykee      ( Date: 28-Jan-2022 11:21) Posted: But SCM is likely to call a rights issue soon which will further devalue it and merger terms are very likely to be tilted heavily in favour of KC/KOM, despite KOM being a smaller player. No wonder SCM is not moving today despite confirmation of the merger. better      ( Date: 28-Jan-2022 10:48) Posted: As mentioned previously, Keppel corp' s CEO is one of the best snake oil salesman. A few comments von Keppel' s result. The bulk of the " profits" are one offs due to selling assets and monetising their China land bank (bought in prior years at lower prices). As China' s property sector has gone into a deadly downspin in Q4 last year, the contribution from urban development is highly unlikely to be repeated. As mentioned in their report, their baseline recurring income is only about $292mil. For Keppel OM, losses is about $400 mil. Take out the Kris energy write off, it is a $100mil loss. Annual revenue is $1.572 billion (Sembmarine' s expected 2021 revenue is about $1.9 billion). Keppel corp has stopped investing into Keppel OM' s future for quite awhile now, just milking whatever value that was left from prior years. No point investing in Keppel OM when you intend to sell it off soon. 1 key difference between Sembmarine and Keppel OM is that Sembmarines' stranded rigs have all been sold for cash and receivables that is earning interest every day while Keppel OM has $3billion worth of stranded rigs sitting in its yard collecting dust.
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weekaykee Master	28-Jan-2022 11:21        weekaykee About Contact  Quote this Post!
x 0   x 0  Alert Admin	But SCM is likely to call a rights issue soon which will further devalue it and merger terms are very likely to be tilted heavily in favour of KC/KOM, despite KOM being a smaller player. No wonder SCM is not moving today despite confirmation of the merger. better      ( Date: 28-Jan-2022 10:48) Posted: As mentioned previously, Keppel corp' s CEO is one of the best snake oil salesman. A few comments von Keppel' s result. The bulk of the " profits" are one offs due to selling assets and monetising their China land bank (bought in prior years at lower prices). As China' s property sector has gone into a deadly downspin in Q4 last year, the contribution from urban development is highly unlikely to be repeated. As mentioned in their report, their baseline recurring income is only about $292mil. For Keppel OM, losses is about $400 mil. Take out the Kris energy write off, it is a $100mil loss. Annual revenue is $1.572 billion (Sembmarine' s expected 2021 revenue is about $1.9 billion). Keppel corp has stopped investing into Keppel OM' s future for quite awhile now, just milking whatever value that was left from prior years. No point investing in Keppel OM when you intend to sell it off soon. 1 key difference between Sembmarine and Keppel OM is that Sembmarines' stranded rigs have all been sold for cash and receivables that is earning interest every day while Keppel OM has $3billion worth of stranded rigs sitting in its yard collecting dust.   kopi-boy      ( Date: 28-Jan-2022 09:43) Posted: Kep corp rockets today, up almost 7%...
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better Elite	28-Jan-2022 10:48        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	As mentioned previously, Keppel corp' s CEO is one of the best snake oil salesman. A few comments von Keppel' s result. The bulk of the " profits" are one offs due to selling assets and monetising their China land bank (bought in prior years at lower prices). As China' s property sector has gone into a deadly downspin in Q4 last year, the contribution from urban development is highly unlikely to be repeated. As mentioned in their report, their baseline recurring income is only about $292mil. For Keppel OM, losses is about $400 mil. Take out the Kris energy write off, it is a $100mil loss. Annual revenue is $1.572 billion (Sembmarine' s expected 2021 revenue is about $1.9 billion). Keppel corp has stopped investing into Keppel OM' s future for quite awhile now, just milking whatever value that was left from prior years. No point investing in Keppel OM when you intend to sell it off soon. 1 key difference between Sembmarine and Keppel OM is that Sembmarines' stranded rigs have all been sold for cash and receivables that is earning interest every day while Keppel OM has $3billion worth of stranded rigs sitting in its yard collecting dust.   kopi-boy      ( Date: 28-Jan-2022 09:43) Posted: Kep corp rockets today, up almost 7%...
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weekaykee Master	28-Jan-2022 10:20        weekaykee About Contact  Quote this Post!
x 0   x 0  Alert Admin	SCM still not moving despite confirmation of merger being announced within 2 months.  So the only remaining factor that can move SCM will be winning of large contracts which unfortunately have been very elusive. Likely to hear about another rights issue first before any contract win news.   kopi-boy      ( Date: 28-Jan-2022 09:43) Posted: Kep corp rockets today, up almost 7%...
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kopi-boy Member	28-Jan-2022 09:43        kopi-boy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Kep corp rockets today, up almost 7%...
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SureStrike Veteran	28-Jan-2022 09:26        SureStrike About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes! What go down must come up one day. Good luck to all vested. Cheers. DYODD. kopi-boy      ( Date: 28-Jan-2022 08:58) Posted: UOB Kay Hian analyst Adrian Loh has maintained &ldquo overweight&rdquo on the offshore and marine (O& M) sector as he sees the sector moving &ldquo onwards and upwards&rdquo .   &ldquo The rig market appears to have turned a corner in 2021 with oil prices exceeding US$80 ($107.50) per barrel &ndash this has resulted in stronger rig utilisation rates and a firming of rig dayrates vs 2020,&rdquo writes Loh in his Jan 14 report. &ldquo The higher offshore activity expected in 2022 and 2023 underpins our positive view on the sector, especially given that meaningful rig supply was removed globally,&rdquo he adds.   In 2021, competitive utilisation for offshore rigs rose strongly, exceeding the highs seen pre-Covid-19.   &ldquo With the higher utilisation numbers, we believe that dayrate numbers should follow and incentivise rig owners to place new orders. Already we have seen firmer rig dayrates on a y-o-y basis. We also note that particular regions like Brazil saw utilisation rates exceed 90% in 2021,&rdquo says Loh.   Global offshore activity is also likely to pick up in 2022 and 2023, with demand for production assets looking to have &ldquo meaningful upside&rdquo in the next few years, which could be positive for Keppel Corporation and Sembcorp Marine.   &ldquo According to Rystad Energy, offshore investments in 2022 are set to increase by 7% y-o-y from US$145 billion to US$155 billion. In addition, we highlight that the US$150 billion of greenfield projects sanctioned in 2021 (2020: US$80 billion) will likely be repeated in 2022, thus underlining the positive outlook for the offshore marine sector in the short to medium term,&rdquo he adds.   To this end, should activity in the oil and gas industry strengthen in 2022 and 2023, Loh says the sector can expect to see a cyclical upturn start in the near term. This is also based on the assumption that governments are able to view the Covid-19 virus as endemic amid less lethal variants.   Finally, the global offshore rig count fell 7% y-o-y to 716 rigs. Around 42 rigs were sold for scrap or conversion with semi-subs registering the largest supply destruction in percentage terms, down 12% y-o-y to 104 rigs.   &ldquo In our view, this is positive for the industry as the extraction of excess supply should allow utilisation and dayrates to firm up going forward,&rdquo says Loh.   Within the sector, Loh has identified Yangzijiang, Keppel Corporation and Sembcorp Marine (SembMarine) as his top picks.   Yangzijiang, which remains inexpensive at FY2022 P/B 0.6 times, will see margin expansion in the next few quarters. Keppel Corporation has undemanding valuations and has potential positive newsflow on its merger or divestment of its O& M business unit. SembMarine&rsquo s risk-reward is skewed to the upside after its successful $1.5 billion rights issue in 2021. The latter could also benefit from the upcoming upcycle as Singapore&rsquo s largest offshore marine company, says Loh.   UOB Kay Hian has given Yangzijiang, Keppel Corporation, SembMarine and Sembcorp Industries &ldquo buy&rdquo calls with target prices of $2, $6.74, 11 cents and $2.59 respectively.   Photo: SembMarine
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newbie1118 Master	28-Jan-2022 09:20        newbie1118 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Train leaving station 82?
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kopi-boy Member	28-Jan-2022 08:58        kopi-boy About Contact  Quote this Post!
x 0   x 0  Alert Admin	UOB Kay Hian analyst Adrian Loh has maintained &ldquo overweight&rdquo on the offshore and marine (O& M) sector as he sees the sector moving &ldquo onwards and upwards&rdquo .   &ldquo The rig market appears to have turned a corner in 2021 with oil prices exceeding US$80 ($107.50) per barrel &ndash this has resulted in stronger rig utilisation rates and a firming of rig dayrates vs 2020,&rdquo writes Loh in his Jan 14 report. &ldquo The higher offshore activity expected in 2022 and 2023 underpins our positive view on the sector, especially given that meaningful rig supply was removed globally,&rdquo he adds.   In 2021, competitive utilisation for offshore rigs rose strongly, exceeding the highs seen pre-Covid-19.   &ldquo With the higher utilisation numbers, we believe that dayrate numbers should follow and incentivise rig owners to place new orders. Already we have seen firmer rig dayrates on a y-o-y basis. We also note that particular regions like Brazil saw utilisation rates exceed 90% in 2021,&rdquo says Loh.   Global offshore activity is also likely to pick up in 2022 and 2023, with demand for production assets looking to have &ldquo meaningful upside&rdquo in the next few years, which could be positive for Keppel Corporation and Sembcorp Marine.   &ldquo According to Rystad Energy, offshore investments in 2022 are set to increase by 7% y-o-y from US$145 billion to US$155 billion. In addition, we highlight that the US$150 billion of greenfield projects sanctioned in 2021 (2020: US$80 billion) will likely be repeated in 2022, thus underlining the positive outlook for the offshore marine sector in the short to medium term,&rdquo he adds.   To this end, should activity in the oil and gas industry strengthen in 2022 and 2023, Loh says the sector can expect to see a cyclical upturn start in the near term. This is also based on the assumption that governments are able to view the Covid-19 virus as endemic amid less lethal variants.   Finally, the global offshore rig count fell 7% y-o-y to 716 rigs. Around 42 rigs were sold for scrap or conversion with semi-subs registering the largest supply destruction in percentage terms, down 12% y-o-y to 104 rigs.   &ldquo In our view, this is positive for the industry as the extraction of excess supply should allow utilisation and dayrates to firm up going forward,&rdquo says Loh.   Within the sector, Loh has identified Yangzijiang, Keppel Corporation and Sembcorp Marine (SembMarine) as his top picks.   Yangzijiang, which remains inexpensive at FY2022 P/B 0.6 times, will see margin expansion in the next few quarters. Keppel Corporation has undemanding valuations and has potential positive newsflow on its merger or divestment of its O& M business unit. SembMarine&rsquo s risk-reward is skewed to the upside after its successful $1.5 billion rights issue in 2021. The latter could also benefit from the upcoming upcycle as Singapore&rsquo s largest offshore marine company, says Loh.   UOB Kay Hian has given Yangzijiang, Keppel Corporation, SembMarine and Sembcorp Industries &ldquo buy&rdquo calls with target prices of $2, $6.74, 11 cents and $2.59 respectively.   Photo: SembMarine
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kopi-boy Member	28-Jan-2022 08:24        kopi-boy About Contact  Quote this Post!
x 0   x 0  Alert Admin	" As a result, Keppel is proposing a final dividend of 21 cents a share, taking total dividends for 2021 to 33 cents a share. " That is more than triple the total dividend in 2020. This translates into a gross dividend yield of 6.4 per cent on the company' s last transacted share price of $5.12 as of Dec 31, 2021," said Keppel chief executive Loh Chin Hua." " Discussions to combine the Keppel Offshore & Marine rig-building unit with Sembcorp Marine are " progressing steadily" , with definitive agreements expected by the end of March, he added."
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MANFREDTMK Master	26-Jan-2022 21:02        MANFREDTMK About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, the industry has indeed turned around as what we predicted in August. The momentum will escalate when Omicron destroys Delta. Covid should be history by the end of the year and SM is already well positioned for this upturn. Patience is a virtue. Thanks bro for the constructive input. better      ( Date: 26-Jan-2022 16:51) Posted: Offshore Oil Is Making A Comeback As Demand Returns By  Alex Kimani  - Jan 25, 2022, 5:00 PM CST Like other sectors of the oil and gas ecosystem, overcapacity has been a major problem for offshore drillers The oil price crash has taught offshore producers some important lessons in production discipline, forcing them to trim inventories to reflect market conditions Drillers have seen the number of projects increase in 2021 and 2022, and the current outlook looks increasingly brightJoin Our Community The oil market crash of 2020 was brutal on major oil producers, forcing global oil and gas companies to  cut capex by $100B, or roughly 30%, to 13-year lows. However, it&rsquo s offshore drillers who bore the full brunt of the cuts, with just a fifth of projects earmarked as potentially going ahead in 2021  proceeding on schedule. Some of the high-profile offshore drilling deferrals included the suspension of  ExxonMobil&rsquo s (NYSE:XOM) multi-billion-dollar  Rovuma LNG project  in Mozambique deferral of  BP PLc  (NYSE:BP)-Kosmos Energy  (NYSE:KOS) multi-billion-dollar Greater Tortue Ahmeyim gas-condensate project off Senegal and Mauritania, suspension of  Equinor  (NYSE: EQNR)-Husky Energy  (TSE: HSE) Bay du Nord project offshore in eastern Canada and Australia&rsquo s  Woodside Petroleum  (ASX: WPL) pushing back the Final Investment Decision (FID) for the Scarborough gas project. The oil and gas markets staged a strong rebound in 2021 with oil and gas prices climbing 59% and 33%, respectively, thanks in large part to tight oil and gas markets and global economies reopening. The rising tide lifted most boats, with the energy sector of the Standard & Poor&rsquo s 500 Stock Index soaring 55% in 2021, nearly double the 29% return posted by the overall stock market.  Improving fortunes According to  IHS Markit  Petrodata, data for the week ending Dec. 23, 2021, showed an 11-rig decline in total supply compared with a year ago, but only a two-rig decline in marketed supply, with the change accounted for by the five-rig increase in contracted rigs. That, in turn, translated into an 18.5% gain for fleet utilization, taking it from the low 60s to the low 80s percent.  Fleet utilization rate ended 2021 above the level traditionally associated with the start of day rate pricing improvement.  2022 will be the year for yards with immediate building capacity like Sembmarine as most of its projects will be delivered for cash in the coming months. While the headline financial numbers for 2021 are not going to look too good, Q1 will be a blockbuster turnaround quarter with all the revenue recognition and cash collection. Let' s see.
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better Elite	26-Jan-2022 16:51        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Offshore Oil Is Making A Comeback As Demand Returns By  Alex Kimani  - Jan 25, 2022, 5:00 PM CST Like other sectors of the oil and gas ecosystem, overcapacity has been a major problem for offshore drillers The oil price crash has taught offshore producers some important lessons in production discipline, forcing them to trim inventories to reflect market conditions Drillers have seen the number of projects increase in 2021 and 2022, and the current outlook looks increasingly brightJoin Our Community The oil market crash of 2020 was brutal on major oil producers, forcing global oil and gas companies to  cut capex by $100B, or roughly 30%, to 13-year lows. However, it&rsquo s offshore drillers who bore the full brunt of the cuts, with just a fifth of projects earmarked as potentially going ahead in 2021  proceeding on schedule. Some of the high-profile offshore drilling deferrals included the suspension of  ExxonMobil&rsquo s (NYSE:XOM) multi-billion-dollar  Rovuma LNG project  in Mozambique deferral of  BP PLc  (NYSE:BP)-Kosmos Energy  (NYSE:KOS) multi-billion-dollar Greater Tortue Ahmeyim gas-condensate project off Senegal and Mauritania, suspension of  Equinor  (NYSE: EQNR)-Husky Energy  (TSE: HSE) Bay du Nord project offshore in eastern Canada and Australia&rsquo s  Woodside Petroleum  (ASX: WPL) pushing back the Final Investment Decision (FID) for the Scarborough gas project. The oil and gas markets staged a strong rebound in 2021 with oil and gas prices climbing 59% and 33%, respectively, thanks in large part to tight oil and gas markets and global economies reopening. The rising tide lifted most boats, with the energy sector of the Standard & Poor&rsquo s 500 Stock Index soaring 55% in 2021, nearly double the 29% return posted by the overall stock market.  Improving fortunes According to  IHS Markit  Petrodata, data for the week ending Dec. 23, 2021, showed an 11-rig decline in total supply compared with a year ago, but only a two-rig decline in marketed supply, with the change accounted for by the five-rig increase in contracted rigs. That, in turn, translated into an 18.5% gain for fleet utilization, taking it from the low 60s to the low 80s percent.  Fleet utilization rate ended 2021 above the level traditionally associated with the start of day rate pricing improvement.  2022 will be the year for yards with immediate building capacity like Sembmarine as most of its projects will be delivered for cash in the coming months. While the headline financial numbers for 2021 are not going to look too good, Q1 will be a blockbuster turnaround quarter with all the revenue recognition and cash collection. Let' s see.
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MANFREDTMK Master	25-Jan-2022 21:32        MANFREDTMK About Contact  Quote this Post!
x 0   x 0  Alert Admin	T(X, Y) = (X square) + (Y square) - 200 = 0. What is the total differential? Don't have to reply. Chagataii      ( Date: 25-Jan-2022 21:22) Posted: State your Target price better? It will Not be. 40cposdible with 10 times share consolidation. Who is so stupid! I may get D7 in Mandarin, who wants to question my Physics Mathematica Calculus! Who ?
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Chagataii Veteran	25-Jan-2022 21:22        Chagataii About Contact  Quote this Post!
x 0   x 0  Alert Admin	State your Target price better? It will Not be. 40cposdible with 10 times share consolidation. Who is so stupid! I may get D7 in Mandarin, who wants to question my Physics Mathematica Calculus! Who ?
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Chagataii Veteran	25-Jan-2022 21:12        Chagataii About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is impossible semby go to 20c. It cannot be worth 6 billion, it is reasonable it goes to 9-10c it is still a long shot maybe 5 years. You cannot handle the Truth! I diversify and I will never say anything that give false hope to anyone. I am Marine. We Are Honour Anyone drops into sea 15 of Us will jump in to rescue. You Cannot Compare to Us
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Chagataii Veteran	25-Jan-2022 20:58        Chagataii About Contact  Quote this Post!
x 0   x 0  Alert Admin	I speak Russian better 🤷 ‍ ♂ ️
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Chagataii Veteran	25-Jan-2022 20:54        Chagataii About Contact  Quote this Post!
x 0   x 0  Alert Admin	My O level mandarin I get D7. I not good I recognise beer words. I think it mean that I do bad things something I dunno. We just want to make $$$$ la i wish to retire at 55 I cannot then I wait Lor 60 to 65. We are all same la I still have guts to go offshore work to balance up portfolio one way or another. Wo bu Huay die la 😊
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better Elite	25-Jan-2022 20:45        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	己 所 不 欲 ， 勿 施 于 人 。 Chagataii      ( Date: 25-Jan-2022 17:50) Posted: I buy new iPhone 13 pro my old account share junction I also cannot log in I come back with extra i also Kena left and right from all of you. Some more as if with 3 of you attack me I can influence the stock market? It has to end la !
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Chagataii Veteran	25-Jan-2022 17:53        Chagataii About Contact  Quote this Post!
x 0   x 0  Alert Admin	Might as well ask me to scan my new iPhone receipt to better for his validation and approval.
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Chagataii Veteran	25-Jan-2022 17:50        Chagataii About Contact  Quote this Post!
x 0   x 0  Alert Admin	I buy new iPhone 13 pro my old account share junction I also cannot log in I come back with extra i also Kena left and right from all of you. Some more as if with 3 of you attack me I can influence the stock market? It has to end la !
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