| Latest Forum Topics / Seatrium Last:0.091 -- |
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Sembmarine
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Equity1
Senior |
30-Aug-2016 17:35
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Tdy touched 1.29 and bounce off again. Tmr may likely break 1.29
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sgtrader18
Veteran |
30-Aug-2016 08:21
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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they started doing other work to bring in $$$ http://sbr.com.sg/energy-offshore/in-focus/shipbuilders-turn-wind-farms-profits-sink     |
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earlybird14
Supreme |
29-Aug-2016 18:44
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It is at critical level, 50-50 game. At record low level, Temasek want to save sembmar price, shall buy up strong at this level to prevent sembmar set another record low level.
Then it can let sembmar to float above 1.30 for quite a while, especially oil is still at uptrend.
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Equity1
Senior |
29-Aug-2016 17:52
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Hv to watch out for 1.29 recent Low.if broken dw think may see a drastic fall to 1.20/1.10.Sporeshare blog | ||||
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earlybird14
Supreme |
29-Aug-2016 17:46
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Record low again. Up or down subjected to if oil price can maintain above 46 and breakthrough 52 | ||||
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sgtrader18
Veteran |
29-Aug-2016 16:22
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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that why i said got holding power. if want fast game noble faster. |
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Qanghoo
Supreme |
29-Aug-2016 10:31
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I bought 1.32, now b**** already dropped. 
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sgtrader18
Veteran |
29-Aug-2016 09:47
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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https://www.fool.sg/2016/08/22/this-blue-chip-stock-has-been-buying-back-its-own-shares-5/ |
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sgtrader18
Veteran |
29-Aug-2016 09:45
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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good rewards if u have balls and holding power to go long. 1.3 is cheap. unless tomorrow no more cars using oil ( ev will take time to happen and it most of the countries cant make charging station so fast given their land to cover is so vast. i doubt there will be no more power plant use that use oil nor will there be no more usage for oil, the value will still be there. its is just slow after the massive peak a few years back. what go up must come down. only play with what you can lose is a pretty good start.
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investshare
Supreme |
26-Aug-2016 10:16
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If it continue to stagnant at this point, will you see it as a good support? 
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Qanghoo
Supreme |
25-Aug-2016 22:16
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Great if it tanks (apologies if it offends some).  I bought a few at 132.  Hope to average down.
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investshare
Supreme |
25-Aug-2016 09:57
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Thanks.
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Equity1
Senior |
25-Aug-2016 09:55
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Bearish.It may go dw to revisit 1.29. Breaking dw may see 1.20/1.10
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investshare
Supreme |
25-Aug-2016 09:46
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Price stagnant here, any TA expert can analyse what does it mean? | ||||
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investshare
Supreme |
24-Aug-2016 14:39
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One week left to Sept 02 ... a standstill agreement between North Atlantic Drilling Ltd (&ldquo NADL&rdquo ) and Jurong Shipyard Pte Ltd (&ldquo JSPL&rdquo ), a wholly owned subsidiary of the Company, for the delivery of the semi-submersible drilling rig, the West Rigel (the &ldquo Unit&rdquo ). The Company wishes to announce that the standstill agreement has been extended to September 2, 2016. During the standstill period until September 2, 2016, NADL will continue to market the Unit for an acceptable drilling contract and JSPL will have the right to sell the Unit at an acceptable price. The Unit will remain at the JSPL yard in Singapore during this period. In the event that no employment is secured and no alternative transaction is completed when the standstill period concludes, the parties will form a Joint Asset Holding Company for joint ownership of the Unit to be owned 23% by NADL and 77% by JSPL. NADL will continue to market the Unit for the Joint Asset Holding Company for an acceptable drilling contract while JSPL will continue to market the Unit for sale. |
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earlybird14
Supreme |
24-Aug-2016 10:00
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Almost forgot the few hundred million illegal forex transaction loss by ex CFO many years ago😂 😂 😂
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investshare
Supreme |
24-Aug-2016 09:51
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interesting, thanks for info.
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earlybird14
Supreme |
24-Aug-2016 09:36
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Those date baker sold 85% at super cheap price PPl to sembmar. Sembmar wayang don't take the rest, wait till yangzijiang to step in for offshore rig market, kanchiong and sue baker not to sell to yangzijiang. At the end pay the premium price of 155mio for the 15%.
If I am not wrong the 85% share is less than 155mio. Sembmar always have a lot of funny history in the past till to date Petrobras project and build new yard in Brazil which going to cost them another big loss after benchmark case of solitaire lawsuit case with Allseas.
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earlybird14
Supreme |
24-Aug-2016 09:30
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You all forgot what happen from 2010 to 2013 lah.
Yangzijiang wanted to buy ppl 15% from ppl holding, sembmar blocked it and go to court and won the case, now need to pay Loh. Now nobody want buy sembmar still have to pay what yangzijiang offered in 2010 premium price. Cash burnt and burnt
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pnuklis
Master |
24-Aug-2016 09:20
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There was no point in going after PPL in a weak market. Dont understand the logic. You can forget O& G market making it back in 3-4 years. Even if it gets back first it has to absorb so many speculation assets before new ones can be ordered!!!!!!!!!!!!!!!!!!!!!!Does not make sense for me at Sembcorps message |
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