| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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UltraBoy
Member |
06-Oct-2021 14:55
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Put in bluntly. All are daylight gamble. | ||||
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ckmpd1
Supreme |
06-Oct-2021 14:40
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In any share transaction, there is a buyer and there is a seller.  One say sell, one say buy.  No right or wrong answer
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ckmpd1
Supreme |
06-Oct-2021 14:29
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Singapore spends a lot of our reserves the last two yrs.  Covid' s end is not in sight. How much reserves do we have left?  SIA is taking up mnay billions.  How much will govt continue to pour into SMM when it cant win contracts? The hope is not Temasek support.  The only hope is winning contracts.  As long as no new contracts, cruise ships and oil prices in the world market dont matter
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TigerPlay
Master |
06-Oct-2021 14:27
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Eyyyy, one said buy, one said No, I confused leh
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ckmpd1
Supreme |
06-Oct-2021 14:24
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If CSM and NOL can go, what is SMM?
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ckmpd1
Supreme |
06-Oct-2021 14:23
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You sound logical this time. Crashing below 8c may come earlier than end Nov. Dont let people tell you it can never happen. It may even happen during MGO when the expiry window starts to close.    A lot of people are shouting oil price rising, a lot of new contracts.  These are just hot air but lack substance. Dont listen to hot air and rumours.  DYODD
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ckmpd1
Supreme |
06-Oct-2021 14:18
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All the talk abt changing the mgmt, oil price rising, turning to cruise ships, winning new contracts, merger with K O& M are all hopes.  Hopes cant help SMM out of its dire financial situation.  The moment TH did the RI 2021, tell you that it intends to keep SMM listed, you know it is bad news.  TH is honourable and transparent.  If the investor cant see the truth, dont blame TH 
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better
Elite |
06-Oct-2021 14:16
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Agree.
But do your charts or Crystal ball still indicate high possibility of crashing through 8 cents in the near future.?
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ckmpd1
Supreme |
06-Oct-2021 14:06
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What must you do now?  Very simple: 1.  If you think it is going to go up to 30c, buy SMM at 8.1c now 2.  if you think SMM is going to drop to 6c after MGO lapses in late Nov, sell your SMM at 8c now. Do your own analysis.    Dont listen to people here.  Do your own analysis.  It is your own money
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chart_expert123
Master |
06-Oct-2021 14:03
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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oil price will be over 100 dollars in this winter, may be can break record high 142 dollars. the higher it go, more oil will go to storage tank rather than refinery plant and pentrol pump station. Go nuclear, Go solar. these are the solutions. Singapore shall consider nuclear plant at Jurong Island, at least trigger the next 10 years plan. Ideal of buying electricity from Malaysia is ridiculous plan. This is a tough decision like covid 19, build or country die without energy.
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chart_expert123
Master |
06-Oct-2021 13:48
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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US shale gas cannot reach the global market due to lacking of storage and bunker facilities. US shale oil and gulf mexico oil production is still below US self consumption. Global oil and gas supply are still rely on OPEC and Russia mainly. Now, these 2 parties refuse to ramp up production and expect price to shoot up and winter is approaching. Global already enjoyed 7 years low energy price. this destroy habit of energy saving and green energy development progress. whole world have to pay for the high energy price.  
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albeniz
Veteran |
06-Oct-2021 13:32
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Hahaha. Chartered Semiconductor Manufacturing?
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ahbui8
Master |
06-Oct-2021 13:08
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Just wait for merge and new contract to come in, if you enough bullets, buy more when drop below 8cts. Under TH won' t collapse one. This is my view.
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TigerPlay
Master |
06-Oct-2021 13:03
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All these said many time laiow and actually we are in no position over the management. My question is really as SH wat must we do, sell, buy more or just hold and wait?
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uiop1223
Supreme |
06-Oct-2021 13:00
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US shale oil will flood the world once prices are right and opec will open taps to defend its share. Current energy spike is man made and will not last | ||||
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honesty
Master |
06-Oct-2021 12:41
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perhaps bring back the previous management with so much good experience in getting contracts yet paying good dividends and work on a fresh approach of win-win on all new projects with customers instead of the current not getting good number of contracts. share price would then soar, in business, there is always the element of guanxi to survive well
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TigerPlay
Master |
06-Oct-2021 12:32
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So wat must we do now? | ||||
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stanleytay
Master |
06-Oct-2021 10:42
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Spreading fear again. Those who bought at current range wont be selling anyway. Only those with personal agenda in SMM like uiop and ckmpd will keep fanning fear at this level. Just waiting for the big spike to come. 
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ckmpd1
Supreme |
06-Oct-2021 10:15
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Facts dont lie: 1 Fact 1: after 1hr, 3million SMM shares traded to day 2. Fact 2: 63million shares offered for sale at 8.1c 3. Fact 3: Conditional MGO offer is 8c 4. Fact 4: 1.2m sahres sold at 8c Each one of us must draw our own consclusions what the market is saying |
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ckmpd1
Supreme |
06-Oct-2021 09:23
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you are wise, Chagatai
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