| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembM Re-Born Rich
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mostlybullish
Member |
31-May-2023 21:54
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Or alternatively is this not Keppel problem ? Legacy of Keppel Corp - did Seatrium just inherit this issue form Keppel?  
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pasttime
Supreme |
31-May-2023 21:13
Yells: "gold silver are real money. not others iou." |
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the talk about brazil incident is not new. keep trying to create fear by regurgitating. someone feed info to cpib, cpib has to investigate. result unknown. maybe nothing happen. worse case someone go to jail.  company face a fine. then business continue and no more fear of this incidents. the low price already reflect this incicent since it is not new.  it is money fighting money now. |
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Lswoowoo
Senior |
31-May-2023 20:45
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Is seatrium didn't make profit bcos of all these bribery? If that case mean after management team changed they will start to make billion of profit from now
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mostlybullish
Member |
31-May-2023 20:00
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Poor Seatrium - just can' t get a break ! Channel News Asia  SINGAPORE: The Corrupt Practices Investigation Bureau (CPIB) said on Wednesday (May 31) that it has begun a probe into Seatrium, a marine engineering company.  Seatrium was formed following the merger of Singapore' s two main offshore and marine companies - Sembcorp Marine and Keppel Offshore & Marine (KOM) - earlier this year. &ldquo Acting on information received, the Corrupt Practices Investigation Bureau (CPIB) commenced investigations against Seatrium Limited and individuals from Seatrium Limited on alleged corruption offences that occurred in Brazil," said CPIB.  In response to CNA' s queries if the alleged offences by Seatrium were linked to a multimillion-dollar bribery case involving former KOM employees and Brazilian oil giant Petrobras, CPIB declined to comment. " As investigations are ongoing, CPIB will not be able to provide further details at this juncture," said the bureau. In January, six former senior management staff members of KOM were given stern warnings by CPIB over the Petrobras case.  The warnings were in lieu of prosecution for offences punishable under the Prevention of Corruption Act. The offences relate to bribe payments to Petrobras officials, pertaining to rigs-building contracts which Petrobras or its related companies had awarded to KOM. The six former employees were not prosecuted over the multimillion-dollar bribery case due to insufficient evidence to establish their guilt beyond a reasonable doubt, said Minister in the Prime Minister&rsquo s Office Indranee Rajah in Parliament on Feb 6.  |
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n3wbie
Elite |
31-May-2023 19:52
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Today is MSCI rebalancing for Q2, all changes to take effect before market opens tomorrow hence the spike in volume during matching. While Seatrium is already included, there are changes to the index weighting and hence passive funds had to do adjustments during the matching window.
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TeoMark
Veteran |
31-May-2023 19:51
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Oh so the merger make sense now
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uiop1223
Supreme |
31-May-2023 19:50
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Repeatedly screwed 😂 😂 😂
Acting on information received, the Corrupt Practices Investigation Bureau (CPIB) commenced investigations against Seatrium Limited and individuals from Seatrium Limited on alleged corruption offences that occurred in Brazil," said CPIB. ? How much fine? No dividends for next 5yrs? Get kicked out from index |
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easywin
Supreme |
31-May-2023 18:11
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Why at 119/120 for so long no one mouth eat need to wait until at closing than buy up?   
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pasttime
Supreme |
31-May-2023 18:11
Yells: "gold silver are real money. not others iou." |
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real money buy real stock. 584m cost $71.8+m    still want to vibrate bluff ownself to others. all got mind to think and eyes to see. |
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mostlybullish
Member |
31-May-2023 18:02
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Yes  Either short covering ow window dressing Likely to resume drop tomorrow Need to avoid chasing 
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Eagle88
Supreme |
31-May-2023 18:00
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This is possible month end window dressing to show the boss that the purchase price is correct or better. | ||||
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mostlybullish
Member |
31-May-2023 17:59
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If so won?t be announced till 3rd week June
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mostlybullish
Member |
31-May-2023 17:57
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Seatrium is obviously short covering - will not be a V recovery
Must re test 0.116 first - go new Low |
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Stocky901
Supreme |
31-May-2023 17:36
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Hahah.. This stock really needs you to come in at right time. 👍 👍 😜 😜
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beetlejuice
Master |
31-May-2023 17:22
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My guess is 海 庭 is joining the STI afterall.
We shall find out in the next few days.
All these daily wiggle wiggle.are so meaningless but we have people who claim they can forecast short term prices. As far as I know, there are 2 types of forecasters... those who dunno & those that dunno they dunno. 😬 🃏
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unclebond
Master |
31-May-2023 17:18
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Don' t ecpect too much in the current market condition. Maybe its short covering by shorties. Just my opioion.
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le0pard
Member |
31-May-2023 17:17
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The BBs harvest all the low hanging friuts.    Next chapter will be the story of jioning STI index. I guess there will be at least 20% increase before the Index componets review on Jun 23. 
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Kelvinthq
Member |
31-May-2023 17:13
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Tmr opening should climb huge..time to in for some gain. | ||||
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siewmai
Member |
31-May-2023 17:10
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what' s going on with the after hours trading volume? huge! | ||||
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pasttime
Supreme |
31-May-2023 17:10
Yells: "gold silver are real money. not others iou." |
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supporter got strength. closing do 584m buy up is > 50% of today vol.  shorts this time cham leow | ||||
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