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Sembmarine
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Qanghoo
Supreme |
18-Feb-2016 13:43
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That' s why I said financial prudence demands that they make provisions.  But there cld very well be some writebacks later on.  Then it' d show as big profit. 
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KAMAL0883
Supreme |
18-Feb-2016 13:40
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although your intention is good but if everything kiasu kiasi how to make $$$$$$ LOL think you duno what is  危 机 就 是 机 会 .....
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KAMAL0883
Supreme |
18-Feb-2016 13:37
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those who listen to you dare not jeep earlier  now all bang LP liao
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FATABA
Supreme |
18-Feb-2016 13:33
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Whatever is the news .....SM has taken a huge provision and lost for Sete . What if they didnt bankrupt and do have some rigs delivered later on or ptherwise ....then this huge provision suddenly become a big plus for both SM and SC......personally SC untility doing very well too. Can see many speculating on them   |
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Qanghoo
Supreme |
18-Feb-2016 12:14
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Just play along lah if u believe what the loca paper reported (abt two wks ago, I think).  Based on track record, once local mainstream media reports on something, it usually unfolds eventually - sometimes quite fast, sometimes a fair bit of time later.  But I still remember an incident yrs back when the mainstream local paper kena plugged n were taken to task.  So, not 100% accurate either .... hence dyodd as always. 
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BreadPitt
Member |
18-Feb-2016 11:45
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Lets face it, with the huge provision and impairment done. The days of cheap Sembmarine is over, it is slowly moving relentlessly up knot by knot whether you like it or not. |
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ysh2006
Supreme |
17-Feb-2016 22:33
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SMM answered to SGX " Nothing no   news to announce lah" " .....so how har..?
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ecekca
Elite |
17-Feb-2016 21:58
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if tml i go in, semb marine sure drop like crazy..haha
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spore1
Supreme |
17-Feb-2016 16:30
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Share price run up is purely base on rumours .Be cateful. Once news is out the price may fall .. | ||||
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Msport
Elite |
17-Feb-2016 16:18
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sembcorp to ann smthg for sembmar in today result announcement? |
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erhaier
Senior |
17-Feb-2016 13:20
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paiseh... SGX prob still lunch time till 2 pm.
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erhaier
Senior |
17-Feb-2016 13:17
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no SGX query on insider trading? |
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mrwise
Supreme |
17-Feb-2016 05:17
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Lookin at another 15% upside... | ||||
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sgng123
Supreme |
17-Feb-2016 00:06
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Now it SMM turn to consistently make impairment provision every quarter losing 500mil every quarter not so funny lol. Better off privatise it and hide losses from public eye. Oil at 30+ for long time till china done with economy transition. Deep sea drill u need 60 to break even so it bye bye offshore sector even shale oil getting crushed with break at 40 |
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ecekca
Elite |
16-Feb-2016 22:28
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NOL consistent lose $$. SMM before that consistent make $$ :)
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papayaface
Supreme |
16-Feb-2016 21:40
Yells: "This is the best time to enter....when everythings uncertain" |
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You must have horifying toes that can laugh. I wonder what sounds they make. Haha. I guess saving a sinking ship is the lesser of the evils, Today who blames the MIW for wasting so much money in NOL, Tiger, chartered etc? It will blow over, before you know it. Good luck . 
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Qanghoo
Supreme |
16-Feb-2016 21:28
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Actually, very few people think through these things.  But u' ve hit on a very pertinent pt.  Prudence demands that provisions be made for such items.  But my sense is, ultimately, the customer will have to come to an amicable settlement in which some payment will be made n some writebacks done.  Very few, I expect, will share my view on this.  I owe money.  I don' t pay.  Never mind if SMM don' t want to help me.  I can look for Vard, say.  So easy meh?  If I don' t pay what I owe u, will ur brother or sister lend me money in future?  Wld Vard accept work from people who they know are in high risk n chau kuan?  What wld u do if u were a shareholder of Vard? 
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Maller
Elite |
16-Feb-2016 20:27
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Biz Times reported Sembcorp Marine surges on talk of potential privatisation... If really privatise, could be $2 dollars at least? Huat ar.. |
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vincentchean
Member |
16-Feb-2016 19:21
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i really admire the ones who jump in now. hope you guys huat big.  |
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roostertan
Member |
16-Feb-2016 18:30
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Pump in more funds? Don't make my toes laugh. Just look at NOL, Tiger air, semi chartered n Gems TV. What happened?
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