| Latest Forum Topics / Seatrium Last:0.091 -- |
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Singtel Bullish???
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Qanghoo
Supreme |
10-Dec-2015 13:50
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But 80$, they sure come back again - go under Chap 11, do some restructuring come back stronger, whack the saudi king blue black. 
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ecekca
Elite |
10-Dec-2015 13:44
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Oil dropping to $20 is a possibility. Saudi flushing out those players to bankrupt them... then after that oil will rise back to 80
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earlybird14
Supreme |
10-Dec-2015 13:33
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Oil price is 37.7 and it will up since this price is quite low. But we have to know that toward a business, what price range can affect the offshore oil market. 30-40 - No offshore project will be activated, even existing project also has to stop like what happen now, a lot rigs and offshore vessel idle. No rigs will be ordered or delivered. Semb mar in big trouble, below 2 40-60 - Also no offshore new field will be activated, but shallow water field project will be kicked start for maintenance and reactivation, existing rigs for shallow water will be back to work. No rigs will be ordered or delivered. semb mar in big trouble. below 2.5 60-80 - Also no offshore new fiend will be activated, but deep water fiend project will be kicked start for maintenance and reactivation, existing rigs for shallow water will be back to work. shallow water rigs (jack up rigs) will be ordered and delivered. Based on market share, the jack up rigs are partially taken by China shipyard. No deepwater rig (semi or drillship) will be ordered and delivered. Semb mar can be survive. below 3 80 above is where Sembmar can be back to her glory. above 3. Oil price is heavily affect sembmar share price, so trade with cautious   |
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littleones
Veteran |
10-Dec-2015 13:00
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If futures contract cannot deliver the physical oil, oil prices will definitely shoot up. How long it takes? Your guess is as good as mine
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ShowMeMoneyp
Member |
10-Dec-2015 12:01
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$1.23! - week of 20 Oct 2008 |
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Qanghoo
Supreme |
10-Dec-2015 11:51
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Actually, I tend to believe.  I think 08/09 went < 1.50.  But I think a lot of us recalling from memory.  It' d be nice if we have actual info for comparison. 
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ysh2006
Supreme |
10-Dec-2015 11:44
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A famous trader who was in the navy before say can go lower to $1.15 you believe? ...
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ozone2002
Supreme |
10-Dec-2015 11:16
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$1.5 previously low, waiting there too Consolidation with kep Corp very likely if oil continues its slump  
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spore1
Supreme |
10-Dec-2015 11:00
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Very shaky and scarely | ||||
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earlybird14
Supreme |
10-Dec-2015 10:31
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I think can as low as 2009 low, 1.30+
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alan5793
Veteran |
10-Dec-2015 10:25
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Yup... More Contracts would be Cancelled from Brazil side... Negotiation in Progress..
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victortan
Elite |
09-Dec-2015 21:54
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I will buy this one, waiting at 1.5 |
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Qanghoo
Supreme |
09-Dec-2015 21:33
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Haha, really the world is collapsing before their very eyes.  But do they have as much as 30%. 
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ysh2006
Supreme |
09-Dec-2015 21:19
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Also Cosco give profit warning loh...SMM have 30% shares...count as their sub coy....may  pull down further its result after CNY... |
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sriramanv
Master |
09-Dec-2015 21:01
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KC will also face the same likely... SM can pick up less than $1 next year...
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Qanghoo
Supreme |
09-Dec-2015 20:58
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But is KC facing the same problem?  If not, cld there be something they did not do as well when bringing in contracts?  I tend to agree they are suay.  But  perhaps, also relevant for them to review if there are things they cld improve going forward. 
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ecekca
Elite |
09-Dec-2015 20:41
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SMM hitting new low due to their counterparties delaying payment....which is not really SMM' s fault too.. I think they are suay... |
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Qanghoo
Supreme |
09-Dec-2015 14:04
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Haha, will it mtp one day?
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earlybird14
Supreme |
09-Dec-2015 12:44
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next year, after 4Q result release in Feb, dividend will be cut or even suspended, if suspended, share price will badly hit. 
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earlybird14
Supreme |
09-Dec-2015 12:40
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Based on available 800mio cash, it will be better for Sembmar to reserve the cash for this difficult period, every rig easily cost 200 to 600mio, the order book around 12bil, still has 2 shipyards under construction, 
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