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earlybird14 Supreme	02-Dec-2015 10:20        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	At first, Why SM took the risk to sign contract with MP who is never owned a rigs for operation and market cap is less than a rig cost, obviously MP bought it for speculation, SM paid the price now for their poor risk management. Want to accept speculation order? The head must be big enough. Sembmar will not issue dividend anymore, NAV is just merely around $ 1.4, loss making will eat in NAV and price in for future, Sembmar price sooner or later will hit below NAV. Observers      ( Date: 02-Dec-2015 09:57) Posted: I also don' t understand why they want to burn the bridges with the world' s 2 biggest rig builders - not just Sembmarine, but probably with Kepple O& G as well since they are both controlled by the same holding company. Unless it' s because they dont yet see the light at the end of the tunnel for their industry, that their understanding of the oil market is oil prices are going to be low for much longer? Or maybe they intend to buy only Chinese rigs when the oil market recovers? Qanghoo      ( Date: 02-Dec-2015 06:40) Posted: In this case, it' s probably destroying a longterm one-to-one business relationship that perhaps matters too.    I wld  venture further to speculate that in this case, buying a  proprietry product, perhaps customised to meet sepcific  requirements from alternative source  when the mkt turns  might not be so simple as buying off-the-shelf type products.  Still, MP wld probably have considered their options n future n figured that a bridge can always be rebuilt, perhaps with even firmer foundation, when it' d be of mutual interest to do so in future.  To draw an analogy,  behind the acrimonious bickering between Russia n Turkey probably lies the stark realisation that getting to bed together again sooner rather than later is far more important than seeking a divoce.    So, there we have it .... it' s what business n politics are all about.
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Observers Elite	02-Dec-2015 09:57        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	I also don' t understand why they want to burn the bridges with the world' s 2 biggest rig builders - not just Sembmarine, but probably with Kepple O& G as well since they are both controlled by the same holding company. Unless it' s because they dont yet see the light at the end of the tunnel for their industry, that their understanding of the oil market is oil prices are going to be low for much longer? Or maybe they intend to buy only Chinese rigs when the oil market recovers? Qanghoo      ( Date: 02-Dec-2015 06:40) Posted: In this case, it' s probably destroying a longterm one-to-one business relationship that perhaps matters too.    I wld  venture further to speculate that in this case, buying a  proprietry product, perhaps customised to meet sepcific  requirements from alternative source  when the mkt turns  might not be so simple as buying off-the-shelf type products.  Still, MP wld probably have considered their options n future n figured that a bridge can always be rebuilt, perhaps with even firmer foundation, when it' d be of mutual interest to do so in future.  To draw an analogy,  behind the acrimonious bickering between Russia n Turkey probably lies the stark realisation that getting to bed together again sooner rather than later is far more important than seeking a divoce.    So, there we have it .... it' s what business n politics are all about.  ecekca      ( Date: 02-Dec-2015 06:13) Posted: It could have started long time ago too. No one knows tha
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Observers Elite	02-Dec-2015 09:47        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	I also find it odd why the megaphone publicity. Perhaps, anticipating a future law suit, they wanted to gain a certain upperhand on their side of the story before the case is put before the courts and a gag order on the case is enforced? Not vested in Sembmarine nor Marco polo. Vested in Sembcorp. HVRRVH      ( Date: 02-Dec-2015 07:12) Posted: I think sembcorp has high chance to win the lawsuit with Marco Polo. Since the saga began, MP has been publishing frequently with regard to the termination. It is as if they tried to justify desperately the termination. Yes, inform shareholders is one thing, but the announcement come across as trying to make its case in public arena, which we know doesn't matter as Court is the place for final resolution. Further more, how many rigs has sembcorp built so far? What's their track record? They so coincidentally screw up when rigs owners try not to take delivery in current harsh environment?
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Zindarion Veteran	02-Dec-2015 09:41        Zindarion About Contact  Quote this Post!
x 0   x 0  Alert Admin	Holding my cash for 1.50 entry. Qanghoo      ( Date: 02-Dec-2015 09:24) Posted: Leylong coming .....  Soon to $1 ...... spore1      ( Date: 02-Dec-2015 09:06) Posted: 1.96 anyone int
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Qanghoo Supreme	02-Dec-2015 09:24        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Leylong coming .....  Soon to $1 ...... spore1      ( Date: 02-Dec-2015 09:06) Posted: 1.96 anyone int spore1      ( Date: 01-Dec-2015 20:57) Posted: Tmr drop at least 10 cents -15 cent
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spore1 Supreme	02-Dec-2015 09:06        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1.96 anyone int spore1      ( Date: 01-Dec-2015 20:57) Posted: Tmr drop at least 10 cents -15 cents ysh2006      ( Date: 01-Dec-2015 19:30) Posted: Profit will be significant decline.....result coming after CNA .......
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hlfoo2010 Master	02-Dec-2015 08:58        hlfoo2010 About Contact  Quote this Post!
x 0   x 0  Alert Admin	AS shareholders of S51 or mp, best dont hear stories from both, AGM ask  when is the date can settle. HVRRVH      ( Date: 02-Dec-2015 07:12) Posted: I think sembcorp has high chance to win the lawsuit with Marco Polo. Since the saga began, MP has been publishing frequently with regard to the termination. It is as if they tried to justify desperately the termination. Yes, inform shareholders is one thing, but the announcement come across as trying to make its case in public arena, which we know doesn't matter as Court is the place for final resolution. Further more, how many rigs has sembcorp built so far? What's their track record? They so coincidentally screw up when rigs owners try not to take delivery in current harsh environment?
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commando Master	02-Dec-2015 08:37        commando About Contact  Quote this Post!
x 0   x 0  Alert Admin	Likely Kena short hor
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HVRRVH Elite	02-Dec-2015 07:12        HVRRVH About Contact  Quote this Post!
x 0   x 1  Alert Admin	I think sembcorp has high chance to win the lawsuit with Marco Polo. Since the saga began, MP has been publishing frequently with regard to the termination. It is as if they tried to justify desperately the termination. Yes, inform shareholders is one thing, but the announcement come across as trying to make its case in public arena, which we know doesn't matter as Court is the place for final resolution. Further more, how many rigs has sembcorp built so far? What's their track record? They so coincidentally screw up when rigs owners try not to take delivery in current harsh environment?
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Qanghoo Supreme	02-Dec-2015 06:40        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	In this case, it' s probably destroying a longterm one-to-one business relationship that perhaps matters too.    I wld  venture further to speculate that in this case, buying a  proprietry product, perhaps customised to meet sepcific  requirements from alternative source  when the mkt turns  might not be so simple as buying off-the-shelf type products.  Still, MP wld probably have considered their options n future n figured that a bridge can always be rebuilt, perhaps with even firmer foundation, when it' d be of mutual interest to do so in future.  To draw an analogy,  behind the acrimonious bickering between Russia n Turkey probably lies the stark realisation that getting to bed together again sooner rather than later is far more important than seeking a divoce.    So, there we have it .... it' s what business n politics are all about.  ecekca      ( Date: 02-Dec-2015 06:13) Posted: It could have started long time ago too. No one knows that nqing87      ( Date: 01-Dec-2015 23:17) Posted: when market is bad, every client will want to defer their orders as much as possible, and if possible, cancel the order & get refund.. so now trying to nitpick & find faults to find excuse to cancel order.. cant be help lol
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ecekca Elite	02-Dec-2015 06:16        ecekca About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	The squabble btw saudi and iran will not end easily. So expect oil to stay low. Also think alot of rigs out there cos companies always order before hand in few years time rawlow1945      ( Date: 01-Dec-2015 22:55) Posted: Yes definitely not now. Let it go down more ecekca      ( Date: 01-Dec-2015 21:30) Posted: Don' t think will triple. wait for it to go lower
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ecekca Elite	02-Dec-2015 06:13        ecekca About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	It could have started long time ago too. No one knows that nqing87      ( Date: 01-Dec-2015 23:17) Posted: when market is bad, every client will want to defer their orders as much as possible, and if possible, cancel the order & get refund.. so now trying to nitpick & find faults to find excuse to cancel order.. cant be help lol Qanghoo      ( Date: 01-Dec-2015 14:26) Posted: Agree, lah.  A coy with such a long good track record of rig building n must have already delivered countless rigs without a blink already suddenly deteriorates in quality to such an extent as to not noticed > 180 cracks on a single rig?  Even a three-yr old boy cld point to the stupidity of this purportedly lame excuse.
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ecekca Elite	02-Dec-2015 06:12        ecekca About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Noone(mp or sm) knows who is lying beginners      ( Date: 01-Dec-2015 23:08) Posted: We shall see, don't conclude too fast. Qanghoo      ( Date: 01-Dec-2015 14:26) Posted: Agree, lah.  A coy with such a long good track record of rig building n must have already delivered countless rigs without a blink already suddenly deteriorates in quality to such an extent as to not noticed > 180 cracks on a single rig?  Even a three-yr old boy cld point to the stupidity of this purportedly lame excuse.
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nqing87 Supreme	01-Dec-2015 23:17        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	when market is bad, every client will want to defer their orders as much as possible, and if possible, cancel the order & get refund.. so now trying to nitpick & find faults to find excuse to cancel order.. cant be help lol Qanghoo      ( Date: 01-Dec-2015 14:26) Posted: Agree, lah.  A coy with such a long good track record of rig building n must have already delivered countless rigs without a blink already suddenly deteriorates in quality to such an extent as to not noticed > 180 cracks on a single rig?  Even a three-yr old boy cld point to the stupidity of this purportedly lame excuse.  ecekca      ( Date: 01-Dec-2015 14:07) Posted: why would sembmarine be so silly to deliver cracked rig?
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beginners Veteran	01-Dec-2015 23:08        beginners About Contact  Quote this Post!
x 0   x 0  Alert Admin	We shall see, don't conclude too fast. Qanghoo      ( Date: 01-Dec-2015 14:26) Posted: Agree, lah.  A coy with such a long good track record of rig building n must have already delivered countless rigs without a blink already suddenly deteriorates in quality to such an extent as to not noticed > 180 cracks on a single rig?  Even a three-yr old boy cld point to the stupidity of this purportedly lame excuse.  ecekca      ( Date: 01-Dec-2015 14:07) Posted: why would sembmarine be so silly to deliver cracked rig?
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rawlow1945 Senior	01-Dec-2015 22:55        rawlow1945 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Yes definitely not now. Let it go down more ecekca      ( Date: 01-Dec-2015 21:30) Posted: Don' t think will triple. wait for it to go lower rawlow1945      ( Date: 01-Dec-2015 21:05) Posted: i think can triple, if you scoop it low enough
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Qanghoo Supreme	01-Dec-2015 22:48        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	How much will div be?  Maybe halved?
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mrwise Supreme	01-Dec-2015 21:58        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	This is bad news!   Sell! Should be dropping below $2 tomorrow...
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Lepin888 Veteran	01-Dec-2015 21:39        Lepin888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just announced loss for 3Q in profit guidance and much lower profit for year to date. Not sure if take into account dispute with client...if not 4Q could be even worse....1.50 is possible
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ecekca Elite	01-Dec-2015 21:30        ecekca About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Don' t think will triple. wait for it to go lower rawlow1945      ( Date: 01-Dec-2015 21:05) Posted: i think can triple, if you scoop it low enough victortan      ( Date: 01-Dec-2015 19:34) Posted: this one if one got deep pocket, dont mind $ stuck here can buy, and go long, sure oil one day will go up. By then this one can double in price.
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