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Earlybird s talk - Sgx stock
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ozone2002
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09-Oct-2014 13:56
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Last:3.66     Vol:4109k     +0.04
rebound wow..selldown is unwarranted like what OCBC reported
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CharlesChen
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09-Oct-2014 09:39
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Lets see if it will cross $3.7 today.  
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kagekage
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09-Oct-2014 03:05
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Agree, now I dun even bother to check the price, will consider to buy somemore below $10 ...  
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CharlesChen
Senior |
09-Oct-2014 00:35
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Bro, just hold on first if your financial situation allows coz no point selling now as the exit price doesnt favours you now. I sold mine few weeks ago and is now looking to buy back at the right price.       CharlesChen  SeniorPosted: 02-Oct-2014 11:29   x 0    x 0Can wait abit more. Maybe below $10.2 can enter abit. Sold mine at $10.7 few weeks ago. A friend of mine working in keppel said he will wait for it to be below $10 then enter. This is a gd counter....... fundamentally.   
 
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kagekage
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08-Oct-2014 23:48
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Keppel worse,from $11 to $10.3 within < 2 months ... I blue black, internal injury ...
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Qanghoo
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08-Oct-2014 22:50
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Looks like price may have bottomed out.  KepCorp seems to be the next punching bag.  Kena wacked left and rignt the last few days. 
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uchihaclan
Veteran |
08-Oct-2014 16:12
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lousy stock and lousy company i think |
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alexcai
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08-Oct-2014 14:06
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Yey. probably can still hold. Maybe the good reason and bad reason kinda holding back the share a little after the good news in Brazil. Good: Neves is fighting with Rouseff in the brazil election on it final showdown on 27oct. If Neves wins, the outlook of brazil is promising. Petrobas share increased after the media rated Neves highly. Bad: The oil price dropped to USD$88.58  
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CharlesChen
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08-Oct-2014 13:50
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Hope it can hold up at current lvl today.
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CharlesChen
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08-Oct-2014 12:29
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Lets see if it can cross $3.7 resistance
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ozone2002
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08-Oct-2014 11:38
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RECENT SELL-DOWN TOO AGGRESSIVE (OCBC) &bull Recent sell-down overdone &bull Drillship has left SG &bull Upgrade to BUY with 20% upside Aggressive selling in recent days Sembcorp Marine&rsquo s (SMM) share price has fallen by about 10% since early Sep, with about half of this drop in the last five trading days. This compares to the STI&rsquo s ~3% fall since early Sep. We believe that this is partly due to weaker oil prices of late, as well as company-specific factors such as worries over execution risks for its new drillship. Drillship has left for Brazil on track for Jun 2015 delivery According to news reports online1, the Dockwise heavy-lift vessel Black Marlin has been seen ballasting down last Friday to load SMM&rsquo s first drillship, the Arpoador. A call with SMM also confirmed that the unit has left Singapore for Brazil, and SMM reiterated that the unit is on track for delivery in Jun next year, despite its departure date from Singapore being delayed for more than six months from its original schedule. Execution risk has been lowered with more construction done here The market has been worried that SMM would fail to deliver its first drillship on time, especially with the yard in Brazil being new and inexperienced. While acknowledging these risks, we point out that execution risk of this unit may actually be lower now with a greater percentage of the construction work being done in Singapore instead of the new Brazil yard &ndash at least 70% of the unit has been completed. We also would not be surprised if SMM has built in a buffer or a grace period, since this is a new product for the group. Significant upside despite lowering margins We had been forecasting operating margins of 11.7% for FY14 and 12.6% for FY15 (1H14: 11.3%). To be more conservative, we lower our FY15 margin assumption to 11.9%. With this, we see limited downside risks to margins. Though our fair value estimate is correspondingly lowered from S$4.36 to S$4.18, we see a 20.5% upside (this includes a ~4% dividend yield) on the stock, which is attractive. Upgrade to BUY on SMM, as the recent sell-down seems to be overdone. |
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ozone2002
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07-Oct-2014 10:43
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Last:3.59     Vol:854k     +0.01
unable to test the previous low... wasted.. thought i can get a blue chip company on the cheap
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alexcai
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03-Oct-2014 17:56
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Not bad eh, sub-marine didn' t sink further today. at least can  sleep well over the long  weekends |
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alexcai
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03-Oct-2014 08:19
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I think the Saudi Arabian is willing to sell cheaper to gain market share . But my guess is ~85usd . Wat u think?
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wangwa
Senior |
03-Oct-2014 06:04
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As mention earlier, do u think oil will get cheaper in near future? | ||||||||||||
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alexcai
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03-Oct-2014 00:26
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  Been waiting for some analysts' view. As long as above 70-85 dollars, still safe. 90 dollar now even safer... Hahaha can hoot more ??    http://www.channelnewsasia.com/news/business/concerns-over-impact-of/1394500.html   |
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CharlesChen
Senior |
02-Oct-2014 14:05
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Yup i agree bro, fundamentally, there are alot of uncertainties so one should be careful when making decisions on this counter. For me, I will prefer keppel corp over sembmar if base on fundamentals but technically, the risk to reward ratio is worth taking small positons at $3.6 and $3.5. My stop loss will be $3.47.
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alexcai
Member |
02-Oct-2014 13:50
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In my opinion, for those whom would like to invest or exit the stock should keep in mind of petrobas and analysis. " Prosecutors have filed fraud charges against an erstwhile executive of Petrobras and eight other suspects over alleged gross overbilling for a contract, the latest corruption scandal to rock the Brazilian state-controlled oil giant." Often,  investors have lot of uncertainty when fraud is involved. On top of this, crude oil price hit low everyday. Generally the outlook of sembcorp marine looks bleak for now. It is definitely a sub-marine now, and the question now  is: how deep is the ocean? |
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dc16888
Master |
02-Oct-2014 12:55
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woah...jia lark! next might be 3.30--3.05. |
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kagekage
Member |
02-Oct-2014 12:42
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Think $3.5 also dun buy first ... its a long and slow journey down ...
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