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SembCorp Marine- The new Frontier.
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chart_expert123
Master |
01-Sep-2021 14:48
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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3.6bil worth? You buy ah. Nobody will buy lah. Ah Gong said all these land are mine, you clear those toxic assets on top, those assets can only generate losses. Ah Gong prefer to buy virtual assets like grab Ah Sea Ltd. 1.5bil cash? 500mio give to keppel Corp, 1billion for burning. Burn to customers.
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Diamondhands
Member |
01-Sep-2021 14:36
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Means you are holding 30000 shares now to be entitled 3:2 ratio for 45000. This one you need to see what is the average cost of your 30000 shares. Then factor in the bonus shares total cost. Rework out your average cost 
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better
Elite |
01-Sep-2021 14:35
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Good move. 👍 realistically, SCM should trade between 9 to 10 cents post rights issue.
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kkhhoo
Member |
01-Sep-2021 14:31
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Expensive meh? Total stock holder equity is 3.6bil + right issue 1.5b cash= 5.1b worth o... 2.4b still got discount le.. oil and gas picking up now, shipping company profit +1000%. at least marine is looking good in next few years. Just see whether they can compete with other competior and grap more order. For sure, they have to do something with this suck management.      https://sg.finance.yahoo.com/quote/S51.SI/balance-sheet?p=S51.SI
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chart_expert123
Master |
01-Sep-2021 14:22
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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This is just tip of iceberg. Below them, all got assistant/vice/associate. These are all non operation contribution roles. Use mouth only, not using hand. Only those using hand can bring in revenue for u. The snow ball is still rolling, even merging, still rolling till temasek say enough, you can cut. Sembmar and keppel o&m are running typical communism business instead of capitalism business model. Temasek has no choice, you all still has choice. No the time to invest yet before any restructuring.
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slimshady
Member |
01-Sep-2021 14:16
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any advise from the sifu here. with 45,000 Right Entitlemt, is it really worth subscribing at at cost of $0.08 x 45,000 = $3,600 when the cost is less then 10% discounted from the current mother share? Or just sell the right which currently worth 45,000 x 0.003 = $135 and buy back again monther share when it go right expired ? Priviosuly bought the right at at  $0.20 and not worth 100% lesser. ..sucker at it best 
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chart_expert123
Master |
01-Sep-2021 14:14
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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https://www.sembmarine.com/about-us/senior-management.
http://www.keppelom.com/en/content.aspx?sid=2504
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chart_expert123
Master |
01-Sep-2021 14:08
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Just to keep their post save and act busy, what discount price that clients ask, they will just swallow. Losses? Paid by shareholders and temasek. No merger, no restructuring, no eliminating of repeating and redundant roles, no future.
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sutiono
Veteran |
01-Sep-2021 14:05
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Are you an insider from one of these mentioned companies ?
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machapple2k
Member |
01-Sep-2021 14:03
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![]() using stanchart too. i am really noob in the process regarding right issuance, hope someone can help me navigate on how to act and guide me on the process. to subscribe for the rights do i first pay this full sum of $48.62 then pay up in full on another day? what if i just want to subscribe partially? what can i do with the excess rights?
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chart_expert123
Master |
01-Sep-2021 13:56
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Without cut cut cut, money burn burn 🔥 🔥 🔥 🔥 🔥
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chart_expert123
Master |
01-Sep-2021 13:54
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Under keppel o&m, keppel sing marine, keppel fels, keppel itachi, keppel Brazil, keppel Netherlands. Under sembmar, admiralty shipyard, benoi shipyards, tuas South mega yard, batam shipyard, jurong Brazil shipyard. Each shipyards at least 30 dept managers, 10-15 GM and AGM, each Corp at least 10-20 directors, all drawn 100k to 2-3mio salary. Just for nothing, salary already burnt off few hundred millions per annum. Temasek no choice, you got choice. Don't burn your pocket money for all these high paid talents. | ||||
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chart_expert123
Master |
01-Sep-2021 13:47
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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🤨 🤨 🤨 30bil x 0.08. 2.4bil. So expensive for a lose making company. Raw materials cost up 70%, labour cost up 30-60%, shipment cost up 100%. All secured contract surely are negative margin contract. After right, another hundred million loses reporting. Merge with keppel o&m and launch 50% retrenchment and retrench all the directors and general managers to drive grab or deliver grab food. Then sembmar and keppel o&m may see the light in the end of the tunnels. | ||||
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stanleytay
Master |
01-Sep-2021 12:53
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Long story short.. my aim is to make sure my buy at 0.084 makes money. Im not interested if whos theory is right. Who knows after rights.. contracts will be announce.. then what will be the price by then? I hope i make my point clear here. Dont follow herd instinct.
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stonknoob
Member |
01-Sep-2021 12:45
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wee does have a point. business is bad for the immediate future - oil price has just recovered to some of its highs in 5 years while covid has meant additional costs in payroll. But the govt remains committed to keeping marine businesses alive  (https://www.straitstimes.com/singapore/jobs/new-measures-to-retain-hire-work-permit-holders-in-construction-marine-shipyard-and). Marine remains a strategically important industry to Singapore hence the matchmaking of Keppel with SM. But for some who have held this a long time, the value destruction is undeniable. Patience can wear thin, especially in this age of meme stocks, dovish monetary conditions.
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beng1102
Elite |
01-Sep-2021 12:20
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I alerted the incorrect content to sgx customer service.  This is the reply email I get:  lol.   Thank you for your email. With reference to your enquiry, you may click on the link below to retrieve your user ID and reset your password. https://investors.sgx.com/login.html?caller=%2Fdashboard& accountType=individual You may create your own password using the &lsquo forgot password&rsquo option, and retrieve your user ID using the ' forgot user ID' option. Alternatively, if you are a Singaporean/ PR, you can also try to login using your Singpass mobile or Singpass ID.  Foreigners may also register your FIN using MyInfo before logging in via SingPass. Upon logging in to our CDP Internet Service, you can update your particulars and view your portfolio and e-statements. If the above methods do not work, this may mean you have not signed up for CDP Internet or it has been inactive. Kindly complete and post the form at this link  https://api2.sgx.com/sites/default/files/2020-10/Apply%20for%20CDP%20Services%20202010.pdf  to the following address:
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ahbui8
Master |
01-Sep-2021 12:10
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you need to pay to subscribe and the last date is 14th not 22th, 22th is the date you get the share you subscribe  
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SgYuan
Supreme |
01-Sep-2021 12:06
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smm 1h
mini ew start 83 88 the key now is w2 85 if hold then w3 93 if cannot hold then 80 |
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steeng82hk
Member |
01-Sep-2021 12:02
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When do we need to pay the $3,600 cash (for his case)? The moment we subscribe or only pay on 22 Sep or other date? Sorry, I' m new to rights also.
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makdatok
Supreme |
01-Sep-2021 12:01
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Loaded R at 3..hope can break 4...and mother share hit 90...Jiayao!! | ||||
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