| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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ckmpd1
Supreme |
09-Nov-2021 14:28
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looks like SMM has cooled down a lot after lunch.
 
Is this a good sign or bad sign?
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ttbanthony
Veteran |
09-Nov-2021 14:26
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SCM will not be profitable this is a given fact
You are not unaware of stock market mechanism. It is forward and about sentiments. Agree that longists should never go over the moon and I have emphasized to stay grounded. I am never carried away by the surge today. But my tp remains at 0.094 before christmas. Will see if it can be hit.
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stanleytay
Master |
09-Nov-2021 14:23
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Then next time, do warn of this pump first. Now then say pump and dump for what? Yesterday at 0.082, weekaykee also say pump and dump. 
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ckmpd1
Supreme |
09-Nov-2021 14:21
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if SMM has not been profitable, we shd be wary of any unjustified price rise
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ttbanthony
Veteran |
09-Nov-2021 14:21
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To pump, there must be sellers.
To dump, there must be buyers. Prior to today, I have to say the buy queue are not thick As for the sell queue, there was only resistance at 82. I would say there may be more genuine interest than p&d. Interest from insti and not ordinary retailers or perhaps some short coverings in anticipation of some positive forward looking statements soon. If this is really a case of p&d, I don think the mm/bb can dump what they pumped at this level, they would have to pump it higher in order to dump. We are talking about SCM. Certainly mm/bb are not ordinary Jalan besar bb/mm.
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ckmpd1
Supreme |
09-Nov-2021 14:18
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Yes, a profits will cause share price to rise.  Losses will cause share price to fall. Investors got to ask themselves a fundamental question.  Why did SMM rise 0.5c?  Likely answer: 1. SMM was underpriced at 8c all these times. 2. Profit announcement coming on 11 Nov  3. Pump and dump by speculators. No ned to go over the moon lah
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lukewong82
Master |
09-Nov-2021 14:13
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Heard of Pump and Dump? going on for many many years and everytime sure got ppl euphoria, cheers etc.. then ppl kana lured in and get trapped. Any rise in share price NOT based on any ACTUAL good news or actions most of the time is P& D especially for penny stocks  
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MANFREDTMK
Master |
09-Nov-2021 13:55
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Yes, at least we know 8 cents and below is history. A consolidation is healthy to form a solid base for the next run-up to 9.5 cents. Need to flush out the profit taker.
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stanleytay
Master |
09-Nov-2021 13:53
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This remind me of the frog story that chart expert likes to tell.. something like the frog in boiling water. But they dont know actually they are talking about themselves. 
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ttbanthony
Veteran |
09-Nov-2021 13:49
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Punching through 82 cloud today is already something unexpected and a bonus.
I am happy if the price can form a firm base at 85/86. |
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MANFREDTMK
Master |
09-Nov-2021 13:48
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Thanks for the insight. I will accumulate more at 8.3 and hold till Chinese New Year then. It's easier to get an orgasm this way than continue to Dream and hope for one to happen again based on the past. In the past, I get extremely excited when I held my girlfriend's hand for the first time. Now, I realize that the past doesn't work, I need more than that, a lot lot more. Why uh, what happen to the past?
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ckmpd1
Supreme |
09-Nov-2021 13:48
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Looks like the fire, brimstone and euphoria this morning have been smoldered | ||||
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ttbanthony
Veteran |
09-Nov-2021 13:46
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True enough there is always a time horizon for an investment but we are talking about Temasek here.
Let us look at Olam and SIA. Temasek will empathize that the macro is not conducive and it takes longer than expected to get this baby back on track. We may also look at SMRT or SBS. If need to privatise, they will do so in due course but for now, it is early doors. All is not that gloomy for SCM. We shall wait for the business update.
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ckmpd1
Supreme |
09-Nov-2021 13:41
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Months have passed.  The last three months was an opportune time for SMM to turn things around and deliver some good news,  If SMM comes up with the same and more bad news on 11 Nov, it is another nail in its coffin. Temasek may be getting tired and much investor' s fatigue has set in after RI 2020 and RI 2021.  SMM must start to deliver and not take loyal investors for granted and treat them as bottomless ATM
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chart_expert123
Master |
09-Nov-2021 13:28
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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All are known.
No new order. Covid 19 disruption continue within the shipyards Shortage of labour and project delays Making 600 over million loss in 3Q and 4Q, total record losses of 1.3bil(what a joke).
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stanleytay
Master |
09-Nov-2021 13:20
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Short 89.. now in the money. Orgasm ar. Not my words. Your good friend ckmpd say one. Hahahaha
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ckmpd1
Supreme |
09-Nov-2021 13:19
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looking forward to 11 Nov' s business update and SMM' s share price over the next few days
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chart_expert123
Master |
09-Nov-2021 13:16
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Those shorted at 8.9 already in profit.
This is typical 1 way down pump dump before result release. 8.9 to 4 cents, 50% till merge, no chance for buyers at this pump to turn profit, worst is the end is a merge deal to wipe out existing shares and awarded with new shares with unclear JV ratio with keppel o&m Buy at high just now destined gain nothing. Short all the way to 4cents, cover short and buy some at 4cents for merge deal.
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MANFREDTMK
Master |
09-Nov-2021 13:12
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I think so too because the first half losses should be $187m but out of prudence was marked up to $600m to account for higher labour cost to be incurred in the FUTURE. Hence, future P@L statements should beat expectation.
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ahbui8
Master |
09-Nov-2021 13:09
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To all vested, just a refresh, SCM has never traded below 1x PB before the Covid 19 oil crashed. | ||||
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