| Latest Forum Topics / Seatrium Last:0.091 -- |
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SEMBMARINE - A NEW CHAPTER - DEMERGED
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ysh2006
Supreme |
14-Mar-2022 15:39
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Why SMM dropped 3 pips ? you mean rumoured RI again ?
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ckmpd1
Supreme |
14-Mar-2022 15:36
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ckmpd1
Supreme |
14-Mar-2022 15:33
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  8.7c now, down 4.4%
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ckmpd1
Supreme |
14-Mar-2022 15:32
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well said and well analysed That was why some of us sold our SCM shares and warned of a 3rd R! this year because we dont see SCM making profits this year and we saw SCM running out of money.  We figured the most likely way is for SCM to offer RI  this year.  So far, our calculations seem to be correct.  Unless SCM can quickly turn ard or something magical happnes, we are still on course  to see a 3rd RI in the next few months. Has any one wonder why, with 3weeks to go before end of 1Q FY2022, still no good news regarding SCM?    |
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JY0064
Senior |
14-Mar-2022 15:29
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Anyone notice how ferocious the 88 selldown was ? Picture cannot be clearer. |
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TigerPlay
Master |
14-Mar-2022 15:26
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If got other alternatives, won' t have the 2 previous rights laiow, so 3rd right is the only way out if they need money, looking at it, they would. They can' t issue bond, like SIA, nobody will buy lar...so only way is ........RIGHT.....unless they start making $$$ soon, which oso not likely from the look of things.....only way is SH throw in more money into the RIGHT to save SCM....or TH come out with something....
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ckmpd1
Supreme |
14-Mar-2022 15:21
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ckmpd1
Supreme |
14-Mar-2022 15:20
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well said
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ckmpd1
Supreme |
14-Mar-2026 16:35
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Yes. We just cant assume got RI.  We also cant assume no RI. All we can do is carry out an analysis and see whether SCM has enough money to carry out ops for the next one 1yr and sill pay for any incidentals.  If dont have enough money, then SCM has the following options: 1. take loans 2. RI 3. any viable alternative From the above, looks like RI is likely in the next three mths
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ckmpd1
Supreme |
14-Mar-2022 15:16
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PHInsider63
Veteran |
14-Mar-2022 15:15
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Do remember to continue your ranting when the price rally and do not hide or vanish.
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ckmpd1
Supreme |
14-Mar-2022 15:15
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logical and well said
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ckmpd1
Supreme |
14-Mar-2022 15:13
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ckmpd1
Supreme |
14-Mar-2026 15:38
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weekaykee
Master |
14-Mar-2022 15:06
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Yes continue with your imaginary buying. 
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PHInsider63
Veteran |
14-Mar-2022 14:19
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Got another 2kk at 0.088.
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TigerPlay
Master |
14-Mar-2022 14:04
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Look likely is pump and dump and squeeze you dry. This counter look cannot make it laiow, others losing money most making back and this fella still bleeding, dun know how they manage the coy until like that...even SIA last time every month bleeding 350 mils but slowy remanaged and recent result instead of losing 350 millions like making 85 mils, exact figure cannot remember liaow... Kepcorp is another eg that is making money liaow too....but why this SCM still bleeding non stop, YES for all you know they may come out with another right issue ....the 3rd one, allllllllllllllllllllllllow wei
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PHInsider63
Veteran |
14-Mar-2022 14:01
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True
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SteveJobless
Member |
14-Mar-2022 13:57
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It is reckless to presume that takeaway positives can be easily decoded from the replies in this forum. Whether to buy or sell SM shares or not is one' s prerogative. And if anyone decides to sell, it is not because of no faith.   
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lukewong82
Master |
14-Mar-2022 13:27
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We warned about BBs pump and dump. There were some who said this time different .. they insisted this time not BBs pump and dump and turn around and scolded/cursed/lectured us. Then we also warned them about potential right issues. They also tell us go fly kite , sort of.. We should see what happens next. They want to " steel teeth" let them be  
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