| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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Chagatai
Veteran |
29-Sep-2021 12:59
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What the Fauci ! My cosy pub jus send me WhatsApp say no more drink in only take away wtf! | ||||
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Chagatai
Veteran |
29-Sep-2021 12:04
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Year 2062 end of hydro carbon profits got 40 years to invest in lithium batteries | ||||
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Whyliketat
Member |
29-Sep-2021 11:54
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I dont think its about Republican vs Democrats - Obama allowed massive investment in Shale that caused the collapse with cheap financing exercabating the situation. It is more that the market / investors is not putting their money behind carbon intensive industries. Even if shale or even Canadian oil sands choose to employ carbon capture to decarbonise, it would make their cost so much higher and imply higher oil price to justify. So the evidence point towards a tight oil market and investments potentially going into the least carbon intensive part of the value chain like deepwater offshore, which has lower carbon intensity amongst the different oil fields. 
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ICXGOLD
Master |
29-Sep-2021 11:36
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Technical information: we have been trading below the 20 day moving average since 11th August. For the first time in 7 weeks we are touching the MA20 today at 0.083 a break above would be a positive thing .  | ||||
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Chagatai
Veteran |
29-Sep-2021 11:33
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81 looks tired and want to go to 83 ever up ever grander | ||||
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vicloo
Supreme |
29-Sep-2021 11:04
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DANCING range of 0.081 - 0.083 for last 2 weeks...
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kopi-boy
Member |
29-Sep-2021 10:38
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how about the next administration?  cld be replublicans again...
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Starship
Supreme |
29-Sep-2021 10:32
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Starship
Supreme |
29-Sep-2021 10:30
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better
Elite |
29-Sep-2021 10:23
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Have done my part, bought 250k @ 8.2 cents a few days ago.
Planning to add on another batch in 2 weeks time or so....
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Chagatai
Veteran |
29-Sep-2021:15
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When Covid met Nevergrande | ||||
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Whyliketat
Member |
29-Sep-2021 09:35
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somehow it is rather strange that the typical correlation for SMM to oil has broken down - which I think would be more so going forward as they move green. Nonetheless, even though the Capex environment for offshore O& M projects have improved with day rates jumping 20% YoY (albeit from a low base), utilisation rate remains low and there are still many cold stacked rigs which the market needs to absorb before capex can pick up significantly. invest only if you have a super long horizon. 
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ICXGOLD
Master |
29-Sep-2021 09:31
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@better when will you be resuming ur buying program. We need some 45 million net buy to clear the next price. | ||||
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beng1102
Elite |
29-Sep-2021 09:25
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Most importantly world inventory of crude oil is at extremely low level and price of natural gas is surging.  Forget about shale oil, President Biden is determined to go grean and clean.
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Whyliketat
Member |
29-Sep-2021 09:08
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Shale production has been curtailed by new US regulations on drilling in Federal land and most wells needs some form of investments to get started. Given shale production has the heaviest carbon footprint compared to offshore wells, it is difficult to get financing as banks typically tie ESG score to such loans and Private Equity fund are also mindful of the losses during the last crisis and only wants to invest in wells that can turn ROE positive quickly. All in, shale could be expected to return, but not in a big way like before. 
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Chagatai
Veteran |
28-Sep-2021 21:09
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At peak shale production was 12mbpd now it is 8mbpd within a few months will go 10mbpd then oil price come to $65pb | ||||
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uiop1223
Supreme |
28-Sep 18:56
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Current oil price is fake price. US shale oil will come in once the price goes up and Opec open taps | ||||
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Chagatai
Veteran |
28-Sep-2021 18:42
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Everybody Lets Make Some Noise!! The 80s discos the DJ used to shout this | ||||
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chart_expert123
Master |
28-Sep-2021 17:55
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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https://www.theedgesingapore.com/news/offshore-marine/sembmarine-uses-4300-mil-net-proceeds-rights-issue-repay-loan-facility
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kopi-boy
Member |
28-Sep-2021 17:50
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when this forum is quiet, means this counter is not worth speculating...moving on to target another counter... | ||||
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