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Sembmarine
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Qanghoo
Supreme |
19-Jan-2016 19:12
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In fact, maybe this is the reason chiong so hiong.  Who has been telling stories ahead.    Read in between the lines n guess?
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Qanghoo
Supreme |
19-Jan-2016 19:11
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Tmr chiong liao.  But SCI maybe down?   Sembcorp Industries may inject funds or buy full control of SembMarine: sources |
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BreadPitt
Member |
19-Jan-2016 15:18
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These 2 brothers up share price shotup and recovered today. I think our PM still cares and love these 2 brothers..... Read from past articles on Sembmarine. http://business.asiaone.com/news/sembmarine-opens-integrated-yard-tuas The government will also take steps to upgrade the offshore & marine industry, which contributes $13 billion, or 1.6 per cent, of Singapore's gross domestic product (GD | ||||
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blurtrader
Master |
16-Jan-2016 19:11
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ill try little bit at 1.2 and below :) |
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earlybird14
Supreme |
14-Jan-2016 13:05
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can do share consolidation. 10 to 1. 
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sheerluck
Supreme |
14-Jan-2016 13:04
Yells: "Work for your money first then let your money work for you" |
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What I would love to see is SGX turning into penny and then below 20cts.  See how they feel by then!
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Qanghoo
Supreme |
14-Jan-2016 12:48
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For all u know, they' d love the experience cos they' ve never know the excitement in penny territory. 
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Goldfinger
Supreme |
14-Jan-2016 12:45
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Soon to become penny stock status
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edchai
Veteran |
14-Jan-2016 11:41
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sad ... |
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lglg666
Supreme |
14-Jan-2016 10:08
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Coming down to 2009 level....sad!! | ||||
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lcfarn
Member |
14-Jan-2016 10:08
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This is Singapore' s submarine..... |
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ecekca
Elite |
14-Jan-2016 09:49
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Massive drop.. down 4.4%... |
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sengsk
Elite |
14-Jan-2016 08:58
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Yes, I' m aiming and monitoring for $1 and below. Most likely can get at 0.98  
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mrwise
Supreme |
14-Jan-2016 01:19
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Coming to $1
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alan5793
Veteran |
13-Jan-2016 23:01
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A Tsunami May Be Heading For Keppel Corporation Limited And SembCorp Marine Ltd Oil-rig builder Sembcorp Marine Ltd (SGX: S51) and Keppel Corporation Limited&rsquo s (SGX: BN4) offshore & marine segment have one thing in common: They both see Brazil-based Sete Brasil, one of the largest rig owners in the world, as a major customer. At the moment, Sete Brasil has orders for seven drillships with Sembcorp Marine and six semi-submersibles with Keppel Corp that make up around  40% of each of their outstanding orderbooks of S$11.6 billion and S$10 billion (as of the third-quarter of 2015), respectively. Problem is, Sete Brasil, might file for bankruptcy protection soon. What does this mean for the two rig builders? If the bankruptcy filing for Sete Brasil does happen, both Sembcorp Marine and Keppel Corp would most likely have to impair their outstanding orderbooks and revenues that have already been recognised from the Brazilian company&rsquo s projects. According to  analysts, Sembcorp Marine and Keppel Corp have already recognized revenue from Sete Brasil projects of S$2.5 billion and S$2.0 billion, respectively, with a portion of the recognised-revenue yet to be collected and are thus still considered as account receivables. Keppel Corp in particular might have a deep impairment charge on its hand. Its chief executive, Loh Chin Hua, mentioned in the earnings presentation for the second-quarter of 2015 that Keppel Corp has &ldquo not received payments since November [2014] for these projects,&rdquo citing payment issues with Sete Brasil. If both Sembcorp Marine and Keppel Corp have to impair their order books as well as their already-recognised revenue, both companies may end up making losses in 2016. Moreover, it would add to the financial stresses both companies are facing given that they are already sitting on significant amount of debt. Foolish Summary In the worst case scenario, the survival of Sembcorp Marine and Keppel Corp might be in question. Would the two companies be able to access debt markets for additional funds to weather through the storm? Or would they have to tap the equity markets and ask new investors or existing shareholders for help? These are serious questions that the companies&rsquo current and prospective investors, as well as management, need to consider in the coming months.  
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sgng123
Supreme |
13-Jan-2016 16:30
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Prepare for SSG in july, half price from today level
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vivacious
Supreme |
13-Jan-2016 15:49
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How much stake does Temasek have in this? Need divine help soon. |
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blurtrader
Master |
13-Jan-2016 15:47
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lets hope theres a saviour for Semb marine
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ecekca
Elite |
13-Jan-2016 15:45
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Saudi is trying to busted alot of companies..that their strategy With Iran oil coming in soon, there will be even more supply...  
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erhaier
Senior |
13-Jan-2016 14:57
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the energy sector is now like europe back in 2012... they need to buy some time, pretend & extend and survive this massacre... with a hearbeat left.  |
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