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CaiShenDao Member	20-Mar-2023 22:45        CaiShenDao About Contact  Quote this Post!
x 0   x 0  Alert Admin	Who calling Limpeh? The real CaiShenDaohere! still holding on to my KC and free SembCorpMarine shares :D Huat Ah! Christrade      ( Date: 16-Mar-2023 19:00) Posted: beetlejuice      ( Date: 16-Mar-2023 18:11) Posted: Fwah power siah. 🧧 💰
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datadatadata Member	20-Mar-2023 20:05        datadatadata About Contact  Quote this Post!
x 0   x 0  Alert Admin	Once the dust settles, that is, the short and contra square off their positions in the coming weeks, the price will climb to .14. And when first half results come in later half of this year, SMM price will shoot past .20. All the best to all SMM share holders!
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newbie19 Supreme	20-Mar-2023 16:21        newbie19 About Contact  Quote this Post!   Mood:
x 1   x 0  Alert Admin	It WILL NEVER be 3rd rights... Go read up SMM, especially new managements taking over... THINK DEEP... Don`t ever listen to share456   rledchg11      ( Date: 20-Mar-2023 16:00) Posted: thanks for the highlights. :)  seems like not a rosy picture.. as now.. if really... 3rd rights... piang... what? add another 30B shares? to become 100B float? scary...  Red_Bean      ( Date: 19-Mar-2023 10:11) Posted: As at 31/12/2022 Current assets Inventories 71,061  Trade and other receivables 571,794  Contract costs 47,654  Contract assets 296,763  Tax recoverable 14,840  Other financial assets 40,007  Cash and cash equivalents 2,090,843  Total Current Assets 3,132,962  Current liabilities Trade and other payables 1,052,534  Contract liabilities 585,801  Provisions 89,407  Other financial liabilities 1,622  Current tax payable 9,152  Interest-bearing borrowings 1,669,164  Lease liabilities 26,316  Total Current liabilities 3,433,996  Net current (liabilities)/assets (301,034)
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rledchg11 Member	20-Mar-2023 16:00        rledchg11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	thanks for the highlights. :)  seems like not a rosy picture.. as now.. if really... 3rd rights... piang... what? add another 30B shares? to become 100B float? scary...  Red_Bean      ( Date: 19-Mar-2023 10:11) Posted: As at 31/12/2022 Current assets Inventories 71,061  Trade and other receivables 571,794  Contract costs 47,654  Contract assets 296,763  Tax recoverable 14,840  Other financial assets 40,007  Cash and cash equivalents 2,090,843  Total Current Assets 3,132,962  Current liabilities Trade and other payables 1,052,534  Contract liabilities 585,801  Provisions 89,407  Other financial liabilities 1,622  Current tax payable 9,152  Interest-bearing borrowings 1,669,164  Lease liabilities 26,316  Total Current liabilities 3,433,996  Net current (liabilities)/assets (301,034)  share456      ( Date: 18-Mar-2023 21:05) Posted: it means scm needs 3rd right issue or new funding for the combined entity. current cash balance cannot support $18B projects entirely.
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Sgvale Supreme	20-Mar-2023 15:26        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	My only positve today under watch
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eugesun Elite	20-Mar-2023 11:01        eugesun About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you want to short it, go ahead, don't speculate about scm finances. It is 7B company, the extent of complexity is far beyond general knowledge... share456      ( Date: 18-Mar-2023 21:05) Posted: it means scm needs 3rd right issue or new funding for the combined entity. current cash balance cannot support $18B projects entirely.   vicloo      ( Date: 18-Mar-2023 20:43) Posted: No both kom and smm were losing money b4 merger. Chris needs to do things like what Elon did on twitter, to turn it to profitability... Retrench, right-sizing and so on. Cannot just run status qou, it like they are in the past.
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n3wbie Elite	19-Mar-2023 22:11        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	SMM has not utilized the previous $600M raised from 2nd rights so presumably the new management would need to consider that. As long as the company is well capitalized and that the expected rate of return on projects exceeds their cost of funds (despite the rising rates environment), pretty sure that the company will consider a more measured approach to their WACC - including tapping on credit facilities to support the fulfilment of the order book. Cost of debt is still cheaper than cost of equity at the end of the day   share456      ( Date: 18-Mar-2023 21:05) Posted: it means scm needs 3rd right issue or new funding for the combined entity. current cash balance cannot support $18B projects entirely.   vicloo      ( Date: 18-Mar-2023 20:43) Posted: No both kom and smm were losing money b4 merger. Chris needs to do things like what Elon did on twitter, to turn it to profitability... Retrench, right-sizing and so on. Cannot just run status qou, it like they are in the past.
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sengkang Master	19-Mar-2023 12:58        sengkang About Contact  Quote this Post!
x 0   x 1  Alert Admin	Combined entity Although the sizeable order book sounds good, investors will do well to note that the combined entity will have about 68.2 billion shares outstanding, being 31.4 billion shares in SMM and 36.8 billion shares issued to KOM shareholders. Red_Bean      ( Date: 19-Mar-2023 10:11) Posted: As at 31/12/2022 Current assets Inventories 71,061  Trade and other receivables 571,794  Contract costs 47,654  Contract assets 296,763  Tax recoverable 14,840  Other financial assets 40,007  Cash and cash equivalents 2,090,843  Total Current Assets 3,132,962  Current liabilities Trade and other payables 1,052,534  Contract liabilities 585,801  Provisions 89,407  Other financial liabilities 1,622  Current tax payable 9,152  Interest-bearing borrowings 1,669,164  Lease liabilities 26,316  Total Current liabilities 3,433,996  Net current (liabilities)/assets (301,034)  share456      ( Date: 18-Mar-2023 21:05) Posted: it means scm needs 3rd right issue or new funding for the combined entity. current cash balance cannot support $18B projects entirely.
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Red_Bean Member	19-Mar-2023 10:13        Red_Bean About Contact  Quote this Post!
x 0   x 0  Alert Admin	$ ' 000
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Red_Bean Member	19-Mar-2023 10:11        Red_Bean About Contact  Quote this Post!
x 0   x 0  Alert Admin	As at 31/12/2022 Current assets Inventories 71,061  Trade and other receivables 571,794  Contract costs 47,654  Contract assets 296,763  Tax recoverable 14,840  Other financial assets 40,007  Cash and cash equivalents 2,090,843  Total Current Assets 3,132,962  Current liabilities Trade and other payables 1,052,534  Contract liabilities 585,801  Provisions 89,407  Other financial liabilities 1,622  Current tax payable 9,152  Interest-bearing borrowings 1,669,164  Lease liabilities 26,316  Total Current liabilities 3,433,996  Net current (liabilities)/assets (301,034)  share456      ( Date: 18-Mar-2023 21:05) Posted: it means scm needs 3rd right issue or new funding for the combined entity. current cash balance cannot support $18B projects entirely.   vicloo      ( Date: 18-Mar-2023 20:43) Posted: No both kom and smm were losing money b4 merger. Chris needs to do things like what Elon did on twitter, to turn it to profitability... Retrench, right-sizing and so on. Cannot just run status qou, it like they are in the past.
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cychu69 Member	19-Mar-2023 08:39        cychu69 About Contact  Quote this Post!
x 0   x 0  Alert Admin	One of the old yard alrd sold to ST right?
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cychu69 Member	19-Mar-2023 08:35        cychu69 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now need to pay for only one CEO compare to 2 before merger, fair big cost saving alrd?Sell old yard and office at Tuas and concentrate all works at Sembawang ?
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share456 Veteran	18-Mar-2023 21:05        share456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	it means scm needs 3rd right issue or new funding for the combined entity. current cash balance cannot support $18B projects entirely.   vicloo      ( Date: 18-Mar-2023 20:43) Posted: No both kom and smm were losing money b4 merger. Chris needs to do things like what Elon did on twitter, to turn it to profitability... Retrench, right-sizing and so on. Cannot just run status qou, it like they are in the past. rledchg11      ( Date: 18-Mar-2023 16:09) Posted: with the combined entity... to become a mega company...  any estimate , or guessing about their 2023 potential revenue?  seems like not much of such estimated info ..... after a while of googling...  ... maybe analysts.. still busy calculating... :))
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vicloo Supreme	18-Mar-2023 20:43        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	No both kom and smm were losing money b4 merger. Chris needs to do things like what Elon did on twitter, to turn it to profitability... Retrench, right-sizing and so on. Cannot just run status qou, it like they are in the past. rledchg11      ( Date: 18-Mar-2023 16:09) Posted: with the combined entity... to become a mega company...  any estimate , or guessing about their 2023 potential revenue?  seems like not much of such estimated info ..... after a while of googling...  ... maybe analysts.. still busy calculating... :))  vicloo      ( Date: 18-Mar-2023 15:25) Posted: "Undertaking a crucial strategic review There?s no better time to undertake a strategic review as SMM now has a new CEO, Chris Ong, on board. The group also has a new chairman of the board Mark Gainsborough, a veteran who used to work at Shell PLC (LON: SHEL). Mr Gainsborough said the board of directors wants to ensure that SMM can smoothly deliver its existing workload. Two key areas to be looked at include the group?s headcount and yard facilities. Layoffs have not been ruled out thus far but if these do occur, they will be structured and phased and be accompanied by swift communication with employees to minimise disruptions." HEY HEY, Chris, are you getting back on your new strategic plan soon.... our neck getting longer and longer now 😉
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n3wbie Elite	18-Mar-2023 18:22        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	The analysts have quite a diverse range of estimates for FY23, evidenced by the mixed spectrum of TPs. There is a camp of foreign brokers such as Citi & Macquarie who is calling sell. CLSA, UOBKH and HSBC have turned bullish and then CGS-CIMB is positive but TP capped at around 12c with the enlarged basis. I guess there is relatively limited disclosures and guidance on how the future look like so we dont really see a consensus view from the market, with majority expecting SMM to return to profitability only from FY24. That being said, it is an opportunity for SMM new leadership to go out to market on a clean slate rledchg11      ( Date: 18-Mar-2023 16:09) Posted: with the combined entity... to become a mega company...  any estimate , or guessing about their 2023 potential revenue?  seems like not much of such estimated info ..... after a while of googling...  ... maybe analysts.. still busy calculating... :))  vicloo      ( Date: 18-Mar-2023 15:25) Posted: "Undertaking a crucial strategic review There?s no better time to undertake a strategic review as SMM now has a new CEO, Chris Ong, on board. The group also has a new chairman of the board Mark Gainsborough, a veteran who used to work at Shell PLC (LON: SHEL). Mr Gainsborough said the board of directors wants to ensure that SMM can smoothly deliver its existing workload. Two key areas to be looked at include the group?s headcount and yard facilities. Layoffs have not been ruled out thus far but if these do occur, they will be structured and phased and be accompanied by swift communication with employees to minimise disruptions." HEY HEY, Chris, are you getting back on your new strategic plan soon.... our neck getting longer and longer now 😉
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rledchg11 Member	18-Mar-2023 16:09        rledchg11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	with the combined entity... to become a mega company...  any estimate , or guessing about their 2023 potential revenue?  seems like not much of such estimated info ..... after a while of googling...  ... maybe analysts.. still busy calculating... :))  vicloo      ( Date: 18-Mar-2023 15:25) Posted: "Undertaking a crucial strategic review There?s no better time to undertake a strategic review as SMM now has a new CEO, Chris Ong, on board. The group also has a new chairman of the board Mark Gainsborough, a veteran who used to work at Shell PLC (LON: SHEL). Mr Gainsborough said the board of directors wants to ensure that SMM can smoothly deliver its existing workload. Two key areas to be looked at include the group?s headcount and yard facilities. Layoffs have not been ruled out thus far but if these do occur, they will be structured and phased and be accompanied by swift communication with employees to minimise disruptions." HEY HEY, Chris, are you getting back on your new strategic plan soon.... our neck getting longer and longer now 😉 vicloo      ( Date: 18-Mar-2023 15:22) Posted: Yes, everyone is waiting for Chris Ong to announce his restructuring plan for the new entity... can't wait haha
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vicloo Supreme	18-Mar-2023 15:25        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	"Undertaking a crucial strategic review There?s no better time to undertake a strategic review as SMM now has a new CEO, Chris Ong, on board. The group also has a new chairman of the board Mark Gainsborough, a veteran who used to work at Shell PLC (LON: SHEL). Mr Gainsborough said the board of directors wants to ensure that SMM can smoothly deliver its existing workload. Two key areas to be looked at include the group?s headcount and yard facilities. Layoffs have not been ruled out thus far but if these do occur, they will be structured and phased and be accompanied by swift communication with employees to minimise disruptions." HEY HEY, Chris, are you getting back on your new strategic plan soon.... our neck getting longer and longer now 😉 vicloo      ( Date: 18-Mar-2023 15:22) Posted: Yes, everyone is waiting for Chris Ong to announce his restructuring plan for the new entity... can't wait haha. rledchg11      ( Date: 18-Mar-2023 13:28) Posted: maybe.... early this year, the market cap was around 4.3B+. and now.. about.. 7.3B+  now,... with about... 68B shares...  and ..maybe ... many people could be seeing some double or tripple to the current revenue..  in near future..... much of anticipated positive eps......  super.. ultra exciting...
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vicloo Supreme	18-Mar-2023 15:22        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, everyone is waiting for Chris Ong to announce his restructuring plan for the new entity... can't wait haha. rledchg11      ( Date: 18-Mar-2023 13:28) Posted: maybe.... early this year, the market cap was around 4.3B+. and now.. about.. 7.3B+  now,... with about... 68B shares...  and ..maybe ... many people could be seeing some double or tripple to the current revenue..  in near future..... much of anticipated positive eps......  super.. ultra exciting...
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rledchg11 Member	18-Mar-2023 13:28        rledchg11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	maybe.... early this year, the market cap was around 4.3B+. and now.. about.. 7.3B+  now,... with about... 68B shares...  and ..maybe ... many people could be seeing some double or tripple to the current revenue..  in near future..... much of anticipated positive eps......  super.. ultra exciting...
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Red_Bean Member	17-Mar-2023 10:15        Red_Bean About Contact  Quote this Post!
x 0   x 0  Alert Admin	Due to weak fundamentals.....target price see for youself. https://www.marketwatch.com/story/sembcorp-marine-shares-rise-after-msci-confirms-coming-index-inclusion-aefc8f28
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