| Latest Forum Topics / Seatrium Last:0.091 -- |
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SEMBMARINE - A NEW CHAPTER - DEMERGED
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wiltay
Master |
28-Oct-2020 10:40
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Haiyaaa.. I dump this huge hole and jump to cosco shipping.. wish u all good luck.
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weishent
Elite |
28-Oct-2020 10:37
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He trying to create fear and sell down | ||||
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better
Elite |
28-Oct-2020 10:32
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Alamak, the numbers (debt, cash equuivalent etc) you see in the financial tab is based on 31 Dec 2019 before they draw on the SCI subordinated loan. On the same page, if you click on the financial statements tab, then balance sheet, you would realise that they lift the numbers from the Dec 2019 financial statement.  
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weishent
Elite |
28-Oct-2020 10:32
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.13 wipe out soon | ||||
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St.Maximus
Supreme |
28-Oct-2020 10:27
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That 4b debt has been reduced, courtesy of rights issue. | ||||
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ADS2200
Veteran |
28-Oct-2020 10:22
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trader1987, thanks. 
All data based on last reported information from 30 Jun 2020 
maybe we should wait for the coming 3q 2020 business update.  sci loan has been paid via the rights exercise. also delivery of projects completed.
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Trader1987
Veteran |
28-Oct-2020 10:12
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https://www.sgx.com/securities/equities/S51 See under ' Financial' tab
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TA_Expert
Supreme |
28-Oct-2020 10:12
Yells: "The World has changed" |
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Well, this is the hope that the new investors are praying for. It will be shocking to these people when Temasek decides to privatise SMM at $0.10 so as to close the chapter. There is no point to continue the listing given its dismay financial position.
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ADS2200
Veteran |
28-Oct-2020 10:10
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trader1987, could you elaborate more how you get the total debts of > $4b market cap we all know. since you have posted, good to substantiate it. thanks a million 🙏
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St.Maximus
Supreme |
28-Oct-2020 10:08
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sell | ||||
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weishent
Elite |
28-Oct-2020 10:07
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Rebound starts when you least expected it. same REX. they push down so much to collect and all recover in 1 day | ||||
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weishent
Elite |
28-Oct-2020 10:05
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SMM back to top 10 vol. lets go | ||||
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TigerPlay
Master |
28-Oct-2020 09:55
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Bro, I got scared reading yr this post leh, what if it continue yr story, 19cts pp say cannot be, because TH bought over at 20cts. Then 16 cts, pp say still got hope and only temporalily because of shortist and shortist will be punished when it surge back to over 20cts, but it never happen.On contrast, it continue to fall, 15cts, then 14.3 cts, hold very long, then it come, 14cts, 13.9cts, break 13cts and now 12cts series, but pp still say got hope, rebound coming...TH, bla bla bla not stupid etc, they will push it back to over 20cts, BUT the big question is WHEN? 2 yrs, 5 yrs or never happen...I m getting worried leh...let go oso lose big big leh....
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Longtermer
Elite |
28-Oct-2020 09:47
Yells: "A disciplined investor is a wealthy investor" |
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Why scary? What is their cash/ equivalent? How much is their asset? What are their ongoing work value?  
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Trader1987
Veteran |
28-Oct-2020 09:44
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The money they have raised from the rights issuance is not anything close to their total debts of > $4B, DYODD. The  Market Capitalization of SMM @ $1.6B is nothing close to the debts. Very scary.  | ||||
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Longtermer
Elite |
28-Oct-2020 09:35
Yells: "A disciplined investor is a wealthy investor" |
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Yes, just need patience for SMM to recover. The whole BOD are vested together with TH at min 20c.. Those who are vested way below them are not jokers.. Dyodd.  
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StayCooler
Member |
28-Oct-2020 09:28
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Good that SMM is responsive 👍 👍 👍
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Alson18
Senior |
28-Oct-2020 09:26
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This is surely comforting news for SMM investors! Looking forward to SMM recovering for all the negative news and certainly profitable in the near future. Thks for this input👍 👏
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weishent
Elite |
28-Oct-2020 09:20
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Come on SMM | ||||
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watsnew
Member |
28-Oct-2020 09:12
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I emailed their investor relations few days ago. Below are the reply: Thank you for contacting us. With regards to your query, Sembcorp Marine is scheduled to post its 3Q 2020 business update around mid November. We have noted your feedback and concerns. With the gradual opening of the economy, our key priority is executing and completing our ongoing projects in a safe and timely manner. We have since June 2020 progressively resumed yard operations and work activities with various COVID-19 mitigation measures in place to ensure the health and safety of our employees and stakeholders. Amidst the challenging industry environment, we remain committed to growing our business and enhancing long-term stakeholder value. We continue to actively seek new project leads and pursue emerging opportunities from the global transition towards clean energy and other green solutions. We will also increasingly diversify into new growth areas like offshore wind, and expand deeper into our established segments, such as the gas value chain, as part of our business strategy for future growth. Information and disclosures on our business, plans and strategies can be found in our announcements via the links below: | ||||
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