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Francisgohyc Master	12-Mar-2019 10:25        Francisgohyc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now $1.65 up 3 cents Volume traded 900k which is quite low. This counter have to wait for the next Q1-19 result to be out before confirm chiong up Up fast & down also very fast, have misses the opportunity to sell at $1.77- Profit become losses
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alexchew Master	11-Mar-2019 16:35        alexchew About Contact  Quote this Post!
x 0   x 0  Alert Admin	i dont trust the ang moh from borr.. unless there are true offer on the table, else, they can pretty bullshit.. PEWVAW      ( Date: 11-Mar-2019 16:12) Posted: Sembcorp Marine looks to raise cash with Borr Drilling move   TradeWinds 07/03/19   Sembcorp Marine is reported to be exploring the possibility of securitizing receivables for its Borr Drilling rigs in a bid to boost liquidity.   A key concern for the Singapore-listed shipyard group remains its high gearing which has recently increased on the back of higher net borrowings.   Its net gearing stood at 1.44x as at end of 2018 compared to 1.1x at end of the previous calendar year. Management are reportedly keen to return it to those levels.   Analysts say cash inflows in the first quarter of 2019 for projects delivered towards the end of last year would help reduce net gearing to 1.3x.   However, this is still on the high side compared to domestic rival Keppel Corp&rsquo s 0.5x net gearing and therefore analysts don&rsquo t expect it to pay any dividends for the next two years.   Last month Sembcorp Marine cut its 2018 dividend in order to &ldquo strengthen its balance sheet and fund capex plans&rdquo .   &ldquo Despite the brightening earnings outlook, we remain cautious due to the tight balance sheet against a backdrop of rising working capital requirements and elevated capex spend,&rdquo UOB Kay Hian said in a recent report on the company.   &ldquo Critical to Sembcorp Marine profitability is the sustainability of new contract wins,&rdquo said offshore analyst Foo Zhi Wei.   &ldquo A chicken and egg situation exists where it needs to secure a higher volume of new orders to grow profits, cash flow and de-lever.   &ldquo Yet, its elevated gearing may disadvantage it from winning orders necessary to achieve that outcome.   &ldquo De-leveraging is probably the ideal solution and it is uncertain what form this might take. While the securitisation of receivables for its Borr rigs, which could massively help liquidity, is plausible, we are not certain if this is achievable commercially, given our concern regarding Borr.&rdquo   However, Oslo-listed Borr Drilling has recently indicated that it could sell some of its jack-up rigs to take advantage of improving asset values.   &ldquo There have been a few instances where we have been approached by the companies who lack rigs, but want to compete for the contracts,&rdquo Borr Drilling chief financial officer Rune Magnus Lundetrae said in a conference call late last month.   &ldquo And we&rsquo ve asked them what kind of level they are talking about in terms of what they would be willing to pay.   &ldquo And our observation and what we have experienced then, is that they are willing to pay significantly above our latest rig purchases, which was the capital we did from May last year.   &ldquo In addition it&rsquo s also significantly above what the implied value is of our rigs in the share price today.   &ldquo So, I think it&rsquo s just another sign of this market turnaround actually happening and asset prices also moving up from the level we have seen in the previous few years.&rdquo
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PEWVAW Senior	11-Mar-2019 16:12        PEWVAW About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sembcorp Marine looks to raise cash with Borr Drilling move   TradeWinds 07/03/19   Sembcorp Marine is reported to be exploring the possibility of securitizing receivables for its Borr Drilling rigs in a bid to boost liquidity.   A key concern for the Singapore-listed shipyard group remains its high gearing which has recently increased on the back of higher net borrowings.   Its net gearing stood at 1.44x as at end of 2018 compared to 1.1x at end of the previous calendar year. Management are reportedly keen to return it to those levels.   Analysts say cash inflows in the first quarter of 2019 for projects delivered towards the end of last year would help reduce net gearing to 1.3x.   However, this is still on the high side compared to domestic rival Keppel Corp&rsquo s 0.5x net gearing and therefore analysts don&rsquo t expect it to pay any dividends for the next two years.   Last month Sembcorp Marine cut its 2018 dividend in order to &ldquo strengthen its balance sheet and fund capex plans&rdquo .   &ldquo Despite the brightening earnings outlook, we remain cautious due to the tight balance sheet against a backdrop of rising working capital requirements and elevated capex spend,&rdquo UOB Kay Hian said in a recent report on the company.   &ldquo Critical to Sembcorp Marine profitability is the sustainability of new contract wins,&rdquo said offshore analyst Foo Zhi Wei.   &ldquo A chicken and egg situation exists where it needs to secure a higher volume of new orders to grow profits, cash flow and de-lever.   &ldquo Yet, its elevated gearing may disadvantage it from winning orders necessary to achieve that outcome.   &ldquo De-leveraging is probably the ideal solution and it is uncertain what form this might take. While the securitisation of receivables for its Borr rigs, which could massively help liquidity, is plausible, we are not certain if this is achievable commercially, given our concern regarding Borr.&rdquo   However, Oslo-listed Borr Drilling has recently indicated that it could sell some of its jack-up rigs to take advantage of improving asset values.   &ldquo There have been a few instances where we have been approached by the companies who lack rigs, but want to compete for the contracts,&rdquo Borr Drilling chief financial officer Rune Magnus Lundetrae said in a conference call late last month.   &ldquo And we&rsquo ve asked them what kind of level they are talking about in terms of what they would be willing to pay.   &ldquo And our observation and what we have experienced then, is that they are willing to pay significantly above our latest rig purchases, which was the capital we did from May last year.   &ldquo In addition it&rsquo s also significantly above what the implied value is of our rigs in the share price today.   &ldquo So, I think it&rsquo s just another sign of this market turnaround actually happening and asset prices also moving up from the level we have seen in the previous few years.&rdquo
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trademaster Supreme	11-Mar-2019 08:51        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Market should rebound today, after Friday retracement and flush out contra buyers above 170 ysh2006      ( Date: 11-Mar-2019 07:47) Posted: Is it because Norway oil fund selling ?....next maybe can see $1 .57 support ? trademaster      ( Date: 08-Mar-2019 15:27) Posted: All kena flushed out toda
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ysh2006 Supreme	11-Mar-2019 07:47        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is it because Norway oil fund selling ?....next maybe can see $1 .57 support ? trademaster      ( Date: 08-Mar-2019 15:27) Posted: All kena flushed out today trademaster      ( Date: 07-Mar-2019 21:37) Posted: Would expect another flush to kill those stuck at 170-173, before the next surge, especially tomorrow is friday... lets see
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Francisgohyc Master	10-Mar-2019 10:27        Francisgohyc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Everything gone wrong, what is this?
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trademaster Supreme	08-Mar-2019 15:27        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	All kena flushed out today trademaster      ( Date: 07-Mar-2019 21:37) Posted: Would expect another flush to kill those stuck at 170-173, before the next surge, especially tomorrow is friday... lets see trademaster      ( Date: 07-Mar-2019 18:09) Posted: Better wait and see T+4 how low it can get...many buyers at 170-174 range
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SgYuan Supreme	08-Mar-2019 15:15        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	I was reluctant to count that deep from 177-> 170 - now it show it is a wave count - now on wave c ew w0 157 w1 178 w2? w1 21 w2 13 tgt 165 dn 61.8% - px hit 164 delta 14 dn 66.67% - if px touch w0 157 reset Enter now is high risk and high gain - bottom scoop - cut at 157 - best is wait for next ew formation   SgYuan      ( Date: 07-Mar-2019 09:36) Posted: Ew reset. Switch to day chart ew w0 157 w1 163 w2 158 w3 178 w4? w1 6 w2 5 w3 20 up 333% w4 8 tgt 170 dn 38.2% of w3 - now at this wave - px hit 169 delta 9 dn 45% - correct slightly deep, be cautious - if touch w1:163 break w5 13 up 50% of (w1+w3=26)   TraderBen      ( Date: 07-Mar-2019 09:16) Posted: So how the wave broke?
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DeepBlue Veteran	08-Mar-2019 14:52        DeepBlue About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nothings given. Stay defensive
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limkt009 Master	08-Mar-2019 11:44        limkt009 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Watch your front, grab $$$$$$$$ at your own time"
x 0   x 0  Alert Admin	Let' s watch lah Qanghoo      ( Date: 08-Mar-2019 11:05) Posted: Chng kays performing great puppet show.
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Qanghoo Supreme	08-Mar-2019 11:05        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Chng kays performing great puppet show.
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trademaster Supreme	08-Mar-2019 08:11        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dow down 200+ points . Likely gap down , lets see how much this will correct to...: Qanghoo      ( Date: 08-Mar-2019 07:57) Posted: Maybe it' s timely to exercise care with volatility seemingly revisiting DJ. TraderBen      ( Date: 08-Mar-2019 07:52) Posted: I am sure there aren?t a lot of contra players looking at the volume. Nothing much to flush.. and from 1.73 to 1.68 isn?t any substantial amount to most pple as well
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Qanghoo Supreme	08-Mar-2019 07:57        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe it' s timely to exercise care with volatility seemingly revisiting DJ. TraderBen      ( Date: 08-Mar-2019 07:52) Posted: I am sure there aren?t a lot of contra players looking at the volume. Nothing much to flush.. and from 1.73 to 1.68 isn?t any substantial amount to most pple as well. trademaster      ( Date: 07-Mar-2019 21:37) Posted: Would expect another flush to kill those stuck at 170-173, before the next surge, especially tomorrow is friday... lets see
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TraderBen Supreme	08-Mar-2019 07:52        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am sure there aren?t a lot of contra players looking at the volume. Nothing much to flush.. and from 1.73 to 1.68 isn?t any substantial amount to most pple as well. trademaster      ( Date: 07-Mar-2019 21:37) Posted: Would expect another flush to kill those stuck at 170-173, before the next surge, especially tomorrow is friday... lets see trademaster      ( Date: 07-Mar-2019 18:09) Posted: Better wait and see T+4 how low it can get...many buyers at 170-174 range
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trademaster Supreme	07-Mar-2019 21:37        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Would expect another flush to kill those stuck at 170-173, before the next surge, especially tomorrow is friday... lets see trademaster      ( Date: 07-Mar-2019 18:09) Posted: Better wait and see T+4 how low it can get...many buyers at 170-174 range  Francisgohyc      ( Date: 07-Mar-2019 16:40) Posted: What happen drop 4 cents  now $1.66 volume 4.53 Million share traded Reloaded    10 lot at $1.66 again, hope this is the lowest and start to move up again - very sian now Stock is very funny, 1 week ago ramp up to $1.78, now lao sa
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Integrity Elite	07-Mar-2019 21:33        Integrity About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't worry, BB still inside. Good chance of moving up soon.
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trademaster Supreme	07-Mar-2019 18:09        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Better wait and see T+4 how low it can get...many buyers at 170-174 range  Francisgohyc      ( Date: 07-Mar-2019 16:40) Posted: What happen drop 4 cents  now $1.66 volume 4.53 Million share traded Reloaded    10 lot at $1.66 again, hope this is the lowest and start to move up again - very sian now Stock is very funny, 1 week ago ramp up to $1.78, now lao sai Francisgohyc      ( Date: 07-Mar-2019 12:01) Posted: Now $1.69 volume traded 870k  12 noon which is very low Loose steam liao ... should have sold some at $1.77 ( Too greed that it will chiong above $1.80 which is my Tg ) Sian .......ZZZZ
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trademaster Supreme	07-Mar-2019 18:03        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks to the tsunami wave, my sembmarine becomes submarine... SgYuan      ( Date: 07-Mar-2019 09:36) Posted: Ew reset. Switch to day chart ew w0 157 w1 163 w2 158 w3 178 w4? w1 6 w2 5 w3 20 up 333% w4 8 tgt 170 dn 38.2% of w3 - now at this wave - px hit 169 delta 9 dn 45% - correct slightly deep, be cautious - if touch w1:163 break w5 13 up 50% of (w1+w3=26)   TraderBen      ( Date: 07-Mar-2019 09:16) Posted: So how the wave broke?
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Francisgohyc Master	07-Mar-2019 16:40        Francisgohyc About Contact  Quote this Post!
x 0   x 0  Alert Admin	What happen drop 4 cents  now $1.66 volume 4.53 Million share traded Reloaded    10 lot at $1.66 again, hope this is the lowest and start to move up again - very sian now Stock is very funny, 1 week ago ramp up to $1.78, now lao sai Francisgohyc      ( Date: 07-Mar-2019 12:01) Posted: Now $1.69 volume traded 870k  12 noon which is very low Loose steam liao ... should have sold some at $1.77 ( Too greed that it will chiong above $1.80 which is my Tg ) Sian .......ZZZZ
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Francisgohyc Master	07-Mar-2019 12:01        Francisgohyc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now $1.69 volume traded 870k  12 noon which is very low Loose steam liao ... should have sold some at $1.77 ( Too greed that it will chiong above $1.80 which is my Tg ) Sian .......ZZZZ
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