| Latest Forum Topics / Seatrium Last:0.091 -- |
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Cruising with the ship ..Yangzijiang
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ttbanthony
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23-Nov-2021 12:27
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Noted
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ckmpd1
Supreme |
23-Nov-2021 12:24
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KOM is winning contracts and making profits.  How abt SMM?
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MANFREDTMK
Master |
23-Nov-2021 12:17
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KOM is overated. It has been doing very badly over the last seven years. So does Keppel Corp. I have many clients who bought it and lost BIG TIME.
So using Keppel as a benchmark to belittle SM is no different from a kettle calling the pot Black.
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MANFREDTMK
Master |
23-Nov-2021 12:11
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Be objective, look at the cash balance and also the progress payments coming in gradually. And for your information, all banks are very willing to lend for Green projects, including venture capitalists. Don't rely on wild guesses to make projection. Look at the fundamentals, look at Data, look forward at the prospects. Don't let the past haunts you and deter your progress. It's no longer around. Look forward, the stock market is forward looking, not backward bending ( must learn to give up on all abnormal disposition). Join us now, not at 10 cents.
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stanleytay
Master |
23-Nov-2021 12:06
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He think he is very big mah.
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MANFREDTMK
Master |
23-Nov-2021 12:00
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That's what you said, nobody will buy your story. Good try.
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weekaykee
Master |
23-Nov-2021 11:26
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There is another RI coming up in 2022. Unless SCM buys a money printing machine.
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weekaykee
Master |
23-Nov-2021 11:24
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SCM will have zero cash balance by end of 2022. It is obvious to all except the faithfuls.
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share456
Veteran |
23-Nov-2021 11:12
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SCM base support is now at  83/84/85/86 | ||||
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MANFREDTMK
Master |
23-Nov-2021 10:22
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KOM and SM are in the same boat. Clinching a $100m + contract is a pittance and will not enhance KOM's bargaining power. Besides in any merger, all parties have the right to reject. SM don't need KOM. It's well capitalized now and can stand on its own to take on big projects with its cash balance, in fact more than that of KOM. Only benefits for both parties are the synergy derived. No one needs one another. At 60% to NAV, funds will push to at least a ratio of 1 which translate to 13.3 cents+ to get a better term of exchange. The choice is yours and time will tell. The only certainty is you can't earn anything just by dreaming and constantly hoping for 7 cents or 5 cents. If it does, you still earn NOTHING. So if you are so confident, SHORT SM, the way we BUY.
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stanleytay
Master |
23-Nov-2021 10:16
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When the ignorant bros like ckmpd, weekay, chart expert, starship start spamming, just buy. Easy
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raykee
Veteran |
23-Nov-2021 10:04
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now that their website can even be gone says lot.... crap company | ||||
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MANFREDTMK
Master |
23-Nov-2021 09:51
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Only problem is 7.9 cents will never happen 🤔 . The Rights issue is over Babeeeee.
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Starship
Supreme |
23-Nov-2021 09:45
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Keppel FELS lands contract for offshore wind farm substations worth S$110m MON, NOV 22, 2021 - 7:00 PM GLOBAL offshore group Keppel FELS has landed a contract from a renewable energy company to construct two offshore substations worth around S$110 million. The project is scheduled to be completed in 2024, to be deployed in an offshore wind farm. Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O& M), said in a bourse filing on Monday that its work scope comprises the engineering, procurement, construction, testing and comissioning for the topside modules of the two offshore substations. This excludes the offshore substations' foundations and electrical components that will be furnished by the client. Keppel O& M is strengthening its foothold across the value chain of offshore renewables. It recently completed two offshore substations for Taiwan' s Greater Changhua 1 & 2a offshore wind farms and is currently building a high-voltage, direct current converter station for offshore wind farms in the German sector of the North Sea as well as the first wind turbine installation vessel in the United States. https://www.businesstimes.com.sg/companies-markets/keppel-fels-lands-contract-for-offshore-wind-farm-substations-worth-s110m
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Starship
Supreme |
23-Nov-2021 09:38
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ckmpd1
Supreme |
23-Nov-2021 09:35
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Agree. That is why we said: 1. No profits, SMM' s price cant sustain a rise. 2. If no big contract win, SMM is gg to run of money in 2022 3. Where is SMM gg to get money to pay fro merger? 4. SMM cant win big contracts if it harps on its problems rather than propose solutions 5. Despite SMM' s feeble denial, RI 2022 is alomst a certainty  
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weekaykee
Master |
23-Nov-2021 09:29
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You got the wrong master to look up to. From 20cts to 8cts and still holding millions of shares.
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weekaykee
Master |
23-Nov-2021 09:27
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I am very sure Keppel is going to ask more than $500m now. TH will not be able to arm-twist Keppel since they only own 20%+ of it. 2022' s losses + the $500m (assuming Keppel takes pity on SCM and sticks to its orginal stated amount), will wipe off everthing it has. So how to survive with another $1b of losses in 2023, now that the contracts will not come in time to save it for 2023.
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ttbanthony
Veteran |
23-Nov-2021 09:24
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Relax bro.
I am me and Better is better Give credit where it is due. No hard feelings.
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ckmpd1
Supreme |
23-Nov-2021 09:24
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You are very wise and perceptive.   
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