| Latest Forum Topics / Seatrium Last:0.091 -- |
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Sembmarine
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SgYuan
Supreme |
16-Nov-2018 11:03
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Px break 158 hit low 156.
- bottom scoop dangerous - see next wave. Recheck again. wave a 281 188 delta 93 wave b 188 235 delta 47 wave c 235 ? - delta 71 dn 76.8% tgt 164 - delta 82 dn 88.6% tgt 153 px hit low 156 not far from 153. Main EW w0 121 w5 281 wabc? - correction factor 125/160 dn 78.1% It is at near bottom. current EW w0 156 w1 169 w2 158 w3? w1 13 w2 11 w3 21 tgt 179 up 161.8% - px now 163 - if long cut 156 or just hold as very near bottom w4? w5? Bottom scoop becareful No 100% Good luck
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sengsk
Elite |
15-Nov-2018 21:41
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Lets monitor it to cross 1.67 The reversal very much depend on this mark. Shortist might on covering their position. |
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Francisgohyc
Master |
15-Nov-2018 21:31
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Today short is 42.7%, so low still want to short. Shortlist will be burn if oil price start to move up & contract win. | ||||
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BerriesK
Member |
15-Nov-2018 17:48
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Latest news on sembcorp marine an hour ago.  https://www.oedigital.com/component/k2/item/17643-abs-and-sembcorp-marine-pioneer-cyber-security-standard-for-new-vessels |
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Francisgohyc
Master |
15-Nov-2018 13:21
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Yes brother you are right, buy within your limit I also buy 2 batches ( $1.58 & $1.61 ), will sell first batch at $1.70 This counter went down and up very fast but at $1.58-$1.61 should be at safe level Nobody will know where is the lowest and highest, it is plan and play by BB. We just have to follow them to swim through, so far so good with a few K for this lucky counter  
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trademaster
Supreme |
15-Nov-2018 11:20
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Morning brother Francis My trading strategy here is buy around 160 and below in 2 batches, sell near 170. Expecting oil reversal after 12 down days. Buy what u can afford to hold or trade smaller lots.   
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Francisgohyc
Master |
15-Nov-2018 10:05
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Morning Hello brother Trademaster,  did   you buy in SMM as it resistant range from $1.58-$1.61 To me it is time to buy in SMM, seldom see this price Buy when everyone is fear |
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trademaster
Supreme |
15-Nov-2018 09:23
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cosco not bad...345 rebound to 375 
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Francisgohyc
Master |
15-Nov-2018 09:13
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Buy in another 10 lot at $1.61, now $1.62   296k share traded Hope it don' t drop further and waiting for the contract winning  to be release soon ( Huge contract, Tgt profit 20cents   ) |
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Qanghoo
Supreme |
15-Nov-2018 08:51
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My own sense is oil is likely to remain bearish for a while at least.  When the current oil crisis first  gripped the world ard 2014/15, there were plenty of posts  propounding that  Saudi Arabia was gonna flood the mkt to kill shale, an unfounded prognosis I never  shared.  Now though, it cld be the other rd - ie, donald duckie  cld be  trying to flood the world with shale to bring OPEC to its knees.  I think this sounds more plausible.  America seems to keep pumping with a vengeance.  N apart from keeping to talk oil px down, who knows if it might not be possible that duckie cld covertly be cheering the shale pumpers  on.  Projection is that America, which is now already the largest oil producer  on Earth,  will pump out 12 mil bpd next yr.    Cld it be 13 n more going forward?  So, my revised view on SMM n KC is, short-term,  risks have heightened.  Longer term though, I remain positive on both stocks.  Do exercise care in playing these stocks.  That' s my view, so DYODD too of course. 
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trademaster
Supreme |
15-Nov-2018 08:08
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Shortists panic cover today, oil reverse after 12 days down! Better cover, dont anyhow short especially oil stocks else kena burnt pain pain!!! 
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Jamesbond007
Veteran |
14-Nov-2018 20:48
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$1.30 before i cast an eye on it. | ||||
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KAMAL0883
Supreme |
14-Nov-2018 15:14
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look bad
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Francisgohyc
Master |
14-Nov-2018 15:04
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If the contract is confirmed and release, it will be price at $1.80, now $1.59 may buy another 10 lot if it drop further I am vested
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WSJ.Shares
Veteran |
14-Nov-2018 14:58
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Whack arh!!!!! | ||||
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michaelwright762
Member |
14-Nov-2018 11:50
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Thank you.  The links you provided are potential orders and not confirmed yet. By stating " 2 more huge contract to be annouce soon ( Billion contract by year end ), it will chiong up when release" is hyperbole at the current state of public knowledge. Please state if vested or not. FYI - I am vested.  Thanks  
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sengsk
Elite |
14-Nov-2018 11:19
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BUY. Good price now. Vested ! |
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alexchew
Master |
14-Nov-2018 11:06
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Continuing loss for the foreseeable future... That' s why it is always dropping.. Shipbuilding business is not as reactive as oil price... The time lag is at least a few years. Good stable oil price for a couple of years, then you will be able to see the contract value going up.. 
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trader25yr
Master |
14-Nov-2018 10:54
Yells: "I hate con man" |
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Oil drop from recent high US$80++ to now US$65 and submarine continue loss big big even if now hold at 1.60 later 3pm or tomorrow there will be heavy bloody force sell ![]() no eye see liao 
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destinykraze
Elite |
14-Nov-2018 10:51
Yells: "Reality is only a matter of perception" |
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Doesnt matter, we won' t know it' s profit margin until it' s too late. Same reason why companies like ezion & ezra did badly. You can have a few billion worth of contracts. But profit margin at 1% or even worse loss-making deal in order to keep the books look healthy on the surface level.
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