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Sembmarine
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spore1
Supreme |
28-May-2016 17:35
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High chance oil price may cross over and stay above 50. Hopefully oil counters may head higher
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spore1
Supreme |
27-May-2016 13:37
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Think may be gd chance to target for privatisation.
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trader20yr
Senior |
27-May-2016 12:46
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Shhiittt, oil up also never move, now 3 hands stuck in this, my worst performing stocks :( Luckily by year end should be able to free the 3 hands already :) |
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spore1
Supreme |
26-May-2016 20:42
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Hosay loh.Tmr may cont to trend higher
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guards80
Supreme |
26-May-2016 20:09
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crude oil now 50.19 and brent oil 50.51... power
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spore1
Supreme |
26-May-2016 17:00
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I think the effect will come when it cross over 50 mark. When MKT sentiment is positive it will fly to 1.70 - 1-80
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Moomoomoo
Senior |
26-May-2016 16:52
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Will it really fly high? Oil now close $50. SM still way below $2. Still waiting...
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spore1
Supreme |
26-May-2016 08:05
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SMM most probably will emerge unscar . Gd time to zoom in ..Once oil price cross over 50 ,it may fly hiGH.
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Qanghoo
Supreme |
25-May-2016 22:26
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Think a lot of broking hse are talking rubbish. Like that we can also sue the broking hse liao. |
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ysh2006
Supreme |
25-May-2016 22:14
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CIMB said potential legal issue may drag down SMM target only $1.14 .....once sue by Brazil govt court rarely got chances to get
new projects from them...their fate similar to Swiss bank BSI ? (Just think only)
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spore1
Supreme |
25-May-2016 21:54
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Oil price almost $50 but Sembmarine share price seems being dampen by the law suit case...let's see how it will fare going forward.
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granto
Master |
25-May-2016 11:50
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Sembcorp Marine will defend itself rigorously in Sete Brasil fraud case: http://splash247.com/sembcorp-marine-will-defend-itself-rigorously-in-sete-brasil-fraud-case/ |
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Octavia
Supreme |
25-May-2016 09:18
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US-based fund house EIG Management has added both rigbuilders into an USD221m lawsuit for damages against Petrobras. Both Keppel and SMM said they have not be served any claims. |
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BreadPitt
Member |
25-May-2016 08:40
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Light crude at $49.28 +1.21%. Cross $50 soon? | ||||
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spore1
Supreme |
25-May-2016 08:01
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Looks like it will gap up and cross over 1.60 and above
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Qanghoo
Supreme |
24-May-2016 22:19
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They allege KC n SMM fraudulently induced them to invest in SB (seems like a joke). So, can u allege ur broker fraudulently induce u to invest coy X or Y? Haha.
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Soulcityy
Senior |
24-May-2016 22:07
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How come big investment firms Lost money Liao can start to sue? Retail Kuching kurap investors like me also can sue since the share price drop like a Bowling ball into the ocean! Like this every time share price drop I also can sue la! | ||||
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Qanghoo
Supreme |
24-May-2016 21:11
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Does sound rather frivilous. But this news is guaranteed to get posted in the KC thread, with salt, pepper and all kinds of garnishes added. N some will jump the gun without fail to issue KC another death cert yet again.
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spore1
Supreme |
24-May-2016 20:45
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Tmr may move up to 1.60 and above
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xuxuxu
Senior |
24-May-2016 16:08
Yells: "Flow With The Money" |
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US-based investment firm files suit against Keppel, SembMarine for Brazil bribery scandalThe bidding process was rigged from the start, says EIG Management. Keppel Corporation and Sembcorp Marine were among the defendants of a lawsuit filed by US-based investment firm EIG Management in relation to the bribery scandal at Brazil&rsquo s national oil company Petrobras. Citing a report from Upstream, OCBC Investment Research noted that EIG has amended proceedings which were commenced against Petrobas earlier this year to include Keppel, SembMarine, and Odebrecht. EIG alleged that the companies conspired to fraudulently induce funds managed by EIG to invest over US$221m to purchase equity in the now-bankrupt Sete Brasil. The lawsuit also claimed that the contract bidding process for the rigs &ldquo was rigged from the start&rdquo , and alleged that the yards agreed to pay bribes and kickbacks. &ldquo This lawsuit is likely to be closely monitored as there are also other investment firms, like EIG, that invested in Sete Brasil,&rdquo OCBC Investment Research said. |
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