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FALCON ENERGY - UNDERVALUED WINNER TOP STOCK PICK
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goldeneye
Senior |
27-Jul-2017 19:08
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Looks like bye! | ||||
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central
Senior |
27-Jul-2017 18:38
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LOWER contribution from rig building and offshore platform projects took a toll on results for Sembcorp Marine in its second quarter. Net profit plunged 51.2 per cent to S$5.6 million from the year-ago period, the group said in a Singapore Exchange filing on Thursday evening. The fall in profit was mainly due to lower contribution from rig building and offshore platform projects, and foreign exchange translation loss on the US dollar borrowings for the Brazil yard, it said. |
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central
Senior |
27-Jul-2017 18:37
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http://www.businesstimes.com.sg/companies-markets/sembcorp-marine-q2-profit-halves-to-s56m | ||||
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ysh2006
Supreme |
27-Jul-2017 18:33
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Sure no good lah profit down by 49% 1c int div looking forward they said very hard to survive lah...
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sgtrader18
Veteran |
27-Jul-2017 11:37
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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report come out tonight, oil seems to up a bit. last year q2 profit low, maybe got chance. http://www.independent.co.uk/news/world/americas/us-politics/us-russia-sanctions-latest-europe-ready-to-act-jean-claude-juncker-energy-security-america-first-a7861851.html this might also start to move oil price. |
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michaeltan
Master |
24-Jul-2017 23:29
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The prolonged low oil price has impacted the major global oil producers to cut down capex expenditures, particularly offshore and marine industries in very challenging circumstances. We have seen some casualties like Ezra and Swiber. Many clients were facing financial problems and delays to their projects. Keppel Offshore & Marine and Sembcorp Marine are not spared from this prolonged downturn. KOM reported 1H 2017 with approximately 10 million in the red. This was partly due to the high interest expenses for the period 1H 2007 which recorded approximately 77million compared to 59million for the similar period of last year. This means the borrow costs has gone up by almost 30% higher. Sembcorp Marine will report the result on 27 July 2017. The finance costs reported for the 1H 2016 recorded approximately 40milion. Suppose the finance costs go up in tandem with KOM 30%, it will cost approximately 52million which is hard to make any profits in that margin. This is provided the speculation about a possible merger with rival KOM is endorsed by both the groups. Otherwise the recent share price ran up will be unsustainable.          
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Adtower
Veteran |
22-Jul-2017 21:15
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Aiyo since when oil got cheong b4??? Lolol it all the way hovering at 40xx-50xx but I think this counter overvalued la   
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spore1
Supreme |
22-Jul-2017 20:44
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Oil heading South again. No more grow for Rig.. Run before the selling down started again
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ysh2006
Supreme |
22-Jul-2017 18:17
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Mgt take pay cut end of year pay freeze beginning of next year head count and vessel cut.
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ysh2006
Supreme |
22-Jul-2017 18:08
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Maybank said one!! UOBKH also look down and KGI too!.
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ysh2006
Supreme |
22-Jul-2017 18:05
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Keppel won't pay high to MA lah itself got trouble in Brazil too! What so gòod in deep sea oil rig where fewer order come? Mountain oil mining cheaper faster to dig lah...rumour $1.00 20% below Nav like Nol or Smrt or Osim or UE lah....
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Adtower
Veteran |
22-Jul-2017 13:13
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Rumors came in time so lucky | ||||
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Adtower
Veteran |
22-Jul-2017 13:11
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Cheong on news la so lucky 
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sgtrader18
Veteran |
22-Jul-2017 12:14
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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http://www.businesstimes.com.sg/companies-markets/keppel-om-and-sembmarine-would-do-well-to-merge-dbs-report | ||||
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LongNobley
Master |
18-Jul-2017 21:42
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because of TA. Buying interest is coming in. OIl price going up and up. All oil counters chionging soon.
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dd_se7en
Member |
14-Jul-2017 17:22
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so what now?
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Adtower
Veteran |
13-Jul-2017 22:17
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What reasons to cheong?If cheong liao can sustain not? Lol this counter still expensive at this lvl
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LongNobley
Master |
13-Jul-2017 21:57
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SEMBCORP marine stayed and fought to be above 200EMA the past 2 days. If it clear $1.645. It will CHIONG to $1.8. Watch your front Marines. |
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zillion
Master |
21-Jun-2017 11:04
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broke support level ard 1.62, trying to hang on ard it for a technical rebound before heading to next support level ard 1.48
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ysh2006
Supreme |
21-Jun-2017 10:48
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US reserve oil will be about to auction sale soon oil price maybe can fall again!!
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