Latest Forum Topics /
Seatrium Ltd
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The SEA of Hopes and ATRIUM of Surprises
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Chansenghoe1971
Elite |
19-Jun-2024 12:36
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Crashed to sub 150 due to Msci saga
Cheong to sub 190 after 11b contract. Crashed to 168 after hideous surreptitious stealthy short selling Crashed to another low of 146 amid MAS/CAD investigation > I may write to MOF to get them investigate if anyone in MAS / CAD leak out the investigation news. Next rebound likely be cap at sub 180 unless H1 results dam solid |
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Eagle88
Supreme |
19-Jun-2024 12:27
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Eagle88
Supreme |
19-Jun-2024 12:26
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Missed you too. Seatrium is a wild horse with great strength and hard to tame. Not for faint hearted and opportunity to make profits as well as losses. Not easy to enter and exit with good timing to make some profits !!!  Shortists have pushed it so low that it is the best time to harvast together with SBB !!!
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Speediman
Veteran |
19-Jun-2024 12:25
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Selling down started from $1.7 range.... timely to buy back some.   
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eugesun
Elite |
19-Jun-2024 12:17
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Waiting to see the big squeeze...
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MrBear12
Supreme |
19-Jun-2024 12:17
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Welcome back Eagle!
Missed you 2.40 |
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Eagle88
Supreme |
19-Jun-2024 12:12
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May move back to 155 due to SBB and short squeezing.
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Eagle88
Supreme |
19-Jun-2024 12:07
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Rebounding any time back to above 150. | ||||
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Stocky901
Supreme |
19-Jun-2024 12:06
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Already recovered. Stable now. See afternoon how.. 🤫
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Chansenghoe1971
Elite |
19-Jun-2024 11:53
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Yes please whack it down to 144 | ||||
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Speediman
Veteran |
19-Jun-2024 11:51
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Thank you Big Boys for shorting selling down. How often you can get it at such cheap prices.  Order book of $25B and more to come...   |
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eugesun
Elite |
19-Jun-2024 11:02
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Who is selling? Who is buying the sell off?
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LoudShout
Master |
19-Jun-2024 10:47
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How could you have a reputabale and thriving exchange if after more than 10 years of investigation including a formation of a new entity, the Authorities are still raking the remains of the bones? If a thorough investigation been done, any wrong doings would have been discovered during the 10 years period and the Board members, C suite members and senior management and staff members who were in one way or another involved would have held to account. Are we going to still rake the remains of the bones after another few years?    |
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Joyoftheworld
Master |
19-Jun-2024 10:27
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Just 2 more months to take off. Now loading premiim economy passengers. | ||||
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Chansenghoe1971
Elite |
19-Jun-2024 10:24
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Need a blockbuster H1 results to counteract the vicious short sellers.
Anyway the recent mas and sgx sister acts have casted huge dark clouds over local market. No funds will be keen anymore except the shorts. Dump to 144. |
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Joyoftheworld
Master |
19-Jun-2024 10:24
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Keppel Offshore got a fine of $73million in 2019. And took 5yrs to pay up. Actually, they delay til after merger for Seatrium to pay. If Sembmarine is found quilty this year, likely with a similar fine, they can pay up in 2029.
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Chansenghoe1971
Elite |
19-Jun-2024 09:56
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Even if there is a fine it will be a slap on the hand.
10-year old case. Singapore authority totally inefficient and by itself corroded and mostly all desktop general.
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LoudShout
Master |
19-Jun-2024 09:54
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BT 6th June 202          -(SEATRIUM said last Thursday (Jun 1) that it believes the corruption probe it is facing has to do with events which happened before 2015, involving the old incarnation of the Sembcorp Marine group. It made this statement in response to the May 31 announcement that Singapore&rsquo s Corrupt Practices Investigation Bureau (CPIB) had started investigating the company and some employees for alleged corruption in Brazil.  Seatrium was formed in February 2023 through a merger of Sembcorp Marine and Keppel Offshore and Marine (O& M). The companies believed that the combined entity would be better placed to compete for larger contracts and pursue synergies arising from combined scale, footprint and capabilities.) By now, with the formation of the new Setrium.. and the fact that Ops CarWash started in 2014 and old SembCorp was investigated in 2019.. the new Co should have removed all its Board, senior maangement and employees who were involved in this Ops Carwash.  Similarly the Authorities should have substaintially completed its investigations,, as the subject matter was top news for both old Keppel Shipyard and SembMarine... Hopefully, none of the current members of the new Co is stained by this Ops CarWash.   |
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SAVIORFOREVER
Supreme |
19-Jun-2024 09:47
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Your previous profits will see you through with ease.
Trade with perseverance and DYODD
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zhixuen
Veteran |
19-Jun-2024 09:44
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this is a company has no end of bad news.  | ||||
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