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Sembmarine
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leongyan
Master |
17-Feb-2017 11:26
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Its ok.. cant always be right.. this rise was not expected..at least not so fast.. Maybe look at other O& G blue chip counter but most have risen a bit also
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4evergo
Member |
17-Feb-2017 10:09
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2 soon 2 cash out!
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sgtrader18
Veteran |
17-Feb-2017 09:27
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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yeah its good profit. however i might hang on a bit longer and wait for 22feb. seems to be going up.
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leongyan
Master |
16-Feb-2017 12:41
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good trading profits if you bought at 1.46 range last week
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MekMiRic
Member |
16-Feb-2017 12:39
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cashed out :) | ||||
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MekMiRic
Member |
15-Feb-2017 09:50
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any views?
Sembcorp Marine taps into Asia cruise boost Tue 14 Feb 2017 by Rebecca Moore Sembcorp Marine taps into Asia cruise boost Sembcorp Marine?s head of repairs and refits tells Rebecca Moore why the cruise sector is a sweet spot for the shipyard Sembcorp Marine Repairs & Upgrades has a strong focus on building up its cruise refit business ? and it has seen this business boosted by growing demand for cruising in Asia. In 2016, major repairs to Princess Cruises? Sun Princess and Royal Caribbean International?s Celebrity Solstice were undertaken, as well as a range of other refits and upgrades (see table). In 2015, it achieved a record of 12 cruise ship refits and refurbishments, including the major transformation of Pacific Eden and Pacific Aria for P&O Cruises (Australia), which is a long-term partner of Sembcorp Marine. It also completed the upgrading of SkySea Golden Era for SkySea Cruise Line, a joint venture company set up for the Chinese market by Royal Caribbean Cruises, China?s Ctrip.com International and Shanghai based asset manager Stone Capital. The company expects an expanding workload of cruise ship refits and upgrading over the next few years. Lee Lin Wong, executive vice president and head of repairs and upgrades, told Passenger Ship Technology: ?Cruise refits and upgrading is one of Sembcorp Marine?s niche markets. ?In recent years, Sembcorp Marine Repairs & Upgrades has focused strongly on building up our capabilities and infrastructure to strengthen our cruise refit business. Besides our extensive technical, logistics planning and project management expertise, which is critical for ensuring high quality work to meet the requirements of cruise shipowners and operators, we have developed a cruise ship culture and a workforce with the right attitude, training and experience to successfully deliver cruise ships on schedule and to high quality, health, environment and safety standards.? She added that Sembcorp Marine has also successfully built up good co-operation and support from Singapore Cruise Centre and the Marina Bay Cruise Centre Singapore to jointly offer Singapore as a one-stop cruise hub. In terms of business opportunities, Ms Wong said: ?Asia is one of the key demand hot spots, with China identified as a growing source market. Australia and New Zealand are other areas showing strong growth potential.? An important advantage for Sembcorp Marine is the geographical location of Singapore. ?Singapore is strategically located as a home port for cruise vessels plying the Southeast Asia market. We are well positioned to tap into the increasing cruise traffic to service not only our long-term partners which are expanding their operations in Asia but also new cruise companies positioning their vessels in the region. Our facilities are also geared towards servicing the bigger, and even the mega, cruise ships deployed in Asia,? said Ms Wong. Sembcorp Marine continues to enhance its facilities for cruise repairs and upgrading. For instance, the Sembcorp Marine Tuas Boulevard Yard is a state-of-the-art new yard facility designed to ?maximise operational synergy, production efficiency and critical mass? with optimised docking and berthing facilities, an improved dock and quay ratio, a centralised work-efficient layout and integrated facilities. Sembcorp Marine has boosted its repairs sector in other ways, too. It provides turnkey solutions for ballast water management system (BWMS) retrofit installations. As well as working with owner-furnished equipment specifications, it can provide alternative equipment supply solutions which integrate the Semb-Eco L-UV BWMS. This solution, jointly developed by Sembcorp Marine and Ecospec Global Technology, is an LED and UV disinfectant system. It is the first in Singapore to be type approved by IMO. Ms Wong said: ?The Semb-Eco L-UV BWMS is a non-chemical system with low power requirements, currently undergoing further testing to verify its United States Coast Guard compliance. For ships with ballast pump flow rates of 500m3 per hour, the Semb-Eco system needs less than 30kW of power, while conventional UV systems require more than 100kW for the same treatment capacity.? The BWMS is suitable for all ship types, including cruise ships. The group?s cruise ship work has the potential to be boosted as a result of another recent event. During the third quarter of last year, the group acquired a 100 per cent stake in LMG Marin, a Norwegian company with expertise in naval architectural design, engineering and technology development. LMG Marin owns a series of design patents and has experience in the design of ships for many different sectors, including cruise ships and ferries. Pull out quote: ?Asia is one of the key demand hot spots, with China identified as a growing source market. Australia and New Zealand are other areas showing strong growth potential.? Lee Lin Wong (Sembcorp Marine) |
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BreadPitt
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11-Feb-2017 16:38
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Yes .That is the lowest point of Sembmarine dividend   history, 2 cents in April 2016 and 1.5 cents in August 2016. Anyone suspect something.......
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MekMiRic
Member |
11-Feb-2017 13:40
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In 2016, the dividend in April was 2 cents and in August was 1.5 cents, right?
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BreadPitt
Member |
11-Feb-2017 10:26
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Will Sembmarine gives out a dividend of $50 on this 22nd February instead of $20 for last year?
If given and if u have 100 lots , dividends is $5000!!! |
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MekMiRic
Member |
10-Feb-2017 23:44
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From oilprice.com
Wall Street Pouring Money Back Into Oil And Gas By Nick Cunningham - Feb 09, 2017, 3:53 PM CST Wall Street Despite the near record increase in U.S. oil inventories last week ? an increase of 13.8 million barrels ? oil prices traded up on February 8 and 9 as traders pinned their hopes on a surprise drawdown in gasoline stocks, which provided some evidence of stronger-than-expected demand. The abnormal crude stock increase took inventories close to 80-year record levels at 508 million barrels, and is another bit of damming evidence that should worry oil bulls. But the oil markets were not deterred. In fact, that has been a defining characteristic of the market in recent weeks ? optimism even in the face of some pretty worrying signals about the trajectory of the market ?adjustment? process. More signs of optimism abound. Wall Street is pouring the most money into oil and gas companies in the U.S. since at least 2000, according to Bloomberg. In January alone, drillers and oilfield service companies raised $6.64 billion in 13 different equity offerings. "The mood is absolutely different," Trey Stolz, an analyst at the investment banking firm Coker & Palmer Inc., told Bloomberg. "Go back to a year ago and the knife was still falling. But today, it feels much, much better." Moreover, the money raised for these U.S. companies represented more than two-thirds of the total $9.41 billion in new energy equity issued across the globe in January. Big Finance is ready to pour money back into the oil and gas sector and they are doing it mostly in the US. The industry should see more activity this year as companies rush to conclude deals ahead of the rebound. A new report from Moody?s Investors Service predicts that M&A activity will rise substantially in 2017. ?E&P acquisitions and divestitures dropped off when commodity prices collapsed in late 2014, but have significantly ticked up since mid-2016,? the Moody?s report says. |
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MekMiRic
Member |
09-Feb-2017 21:25
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Thx | ||||
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Masiatrade
Member |
09-Feb-2017 19:45
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Our preference:  long positions above 1.45 with targets at 1.57 & 1.60 in extension. Alternative scenario:  below 1.45 look for further downside with 1.36 & 1.32 as targets. Comment:  the RSI is supported by a rising trend line. Supports :  1.65   -1.60 - 1.57 -1.49  Last Resistances:  1.45 -1.36 -1.32  More Updateds & SGX trading tips
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famouspinky
Supreme |
06-Feb-2017 19:37
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Get out when u can
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alexchew
Master |
06-Feb-2017 15:36
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sem marine should pull back this few weeks till results announced. Let' s see if can re-test 1.30s...
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MekMiRic
Member |
06-Feb-2017 15:02
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today :( | ||||
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alishan
Senior |
04-Feb-2017 10:35
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Oil price is more or less same before and after the sanction. No effect !!   The sanction is not about Iran is banned to export oil.  
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sgtrader18
Veteran |
04-Feb-2017 10:29
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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trump is more extreme, his panel is made up of oil men, soon he chop off saudi too, they will shift the demand to shale and create more job and business for us company. and when he shows the number to the public they will start to love him. he just need to have time to let his shale expend while he slowly shut down other oil producers. i brought sm at last few months when it was low as i think got ah gong support and its so low already, how much lower can it go. if die also ezra ezion noble all these go first. now with trump i decide to up my interest in semb. hopefully my bet is right.
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sgtrader18
Veteran |
04-Feb-2017 10:13
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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Oil prices jump as Trump administration puts Iran ' on notice'https://www.rt.com/business/368038-trump-iran-deal-oilprice/Iran To Ditch The Dollar In Wake Of Trump' s ' Muslim Ban'http://www.forbes.com/sites/dominicdudley/2017/01/30/iran-to-ditch-dollar/#52aff5db676d
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MekMiRic
Member |
03-Feb-2017 20:18
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apart from US inventories, the news had been generally positive for sembmarine.
still vested and waiting for better price improvements. |
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sgtrader18
Veteran |
03-Feb-2017 08:35
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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After oil prices started falling in late 2014, many oil and gas explorers responded by cutting their capital expenditure programmes. But now that oil prices have doubled from a low of less than US$30 per barrel seen in early 2015, there have been instances of large integrated oil and gas companies ramping up their capital expenditure again. According to a recent study by BMI Research, it is expecting a 2.5% increase in capital expenditure in 2017 from oil & gas companies. If true, it will be the first time capital spending has seen growth since 2014. More notably, companies such as Brazil-based Petrobas and China-based Cnooc have recently announced plans to raise their capital spending in 2017. Petrobas has plans to spend up to US$19 billion this year while Cnooc could spend up to US$10.2 billion &ndash both sums are significantly higher than what the two companies had spent in 2016. This may be good news to some of the oil services companies listed here in Singapore. Companies such as the oil rig builders,  Sembcorp Marine Limited  (SGX: S51)  and  Keppel Corporation Limited  (SGX: BN4), could benefit from any higher capital expenditure seen. Both Sembcorp Marine and Keppel Corp have seen a massive decline in their market value after oil prices declined since the start of 2014, the two have collectively lost around S$15 billion in market value. The duo have also been affected by the corruption scandal surrounding Petrobas, which has led to the bankruptcy of a Petrobras-related entity, Sete Brasil. Sete Brasil happens to be a major customer of both Sembcorp Marine and Keppel Corp the latter duo have made provisions for their contracts with Sete Brasil. Sembcorp Marine is now trading at 1.3 times its tangible book value and offers a 2.0% dividend yield. Meanwhile, Keppel Corp has a price-to-book ratio and dividend yield of 1.0 and 3.2%. It is still too early now to know for sure how or if any increase in capital expenditure from integrated oil & companies around the world would flow to oil services companies in Singapore. But, it is a strong sign that the global oil and gas industry may indeed be turning around. |
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