| Latest Forum Topics / Seatrium Last:0.091 -- |
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SEMBMARINE - A NEW CHAPTER - DEMERGED
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better
Elite |
12-Oct-2020 09:24
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Just bought a bunch at $0.147 to keep. Thank goodness managed to get it. 14.7 disappeared for awhile. 12 mth target- 45 to 60 cents. |
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TigerPlay
Master |
12-Oct-2020 09:14
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As at now, it is even struggling to cross 14.8 cts !!! Someone just throw in 10mils to block at 14.9 cts, so for today, even 15cts could be a big hurdle, dun even dream of breaking 15.3cts !! That so bad leh   i dream of SCm hitting $20, hahahaha, could be true in 20yrs time, nobody but i probably wont be around then... |
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danger
Supreme |
12-Oct-2020 09:11
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we can use its ex $6 share price as a benchmark 
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TigerPlay
Master |
12-Oct-2020 09:05
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Fully agreed with you Bro. While it is normal for pp to fantasize prices like 20cts 30 cts, its struggling to even cross 15.3 cts recently. So it is more practical to say it is trying to cross 15.3 cts first lor, before we start go into cloud nine and dream of 30cts. just my tot.
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danger
Supreme |
12-Oct-2020 08:55
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25 -30 cents BEST PRICE FOR ME | ||||
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ckmpd1
Supreme |
12-Oct-2020 07:28
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Do u think 17c is a good price to sell? 
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ckmpd1
Supreme |
12-Oct-2020 07:27
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it depends on whether you are willing to go for quick profits or going for real profits.  If going for real profits, just buy at 0.15 c and hold.   
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danger
Supreme |
12-Oct-2020 07:21
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Recently it crossed 17c but shortists shorted it down again | ||||
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ysh2006
Supreme |
12-Oct-2020 07:15
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See whether this stock can cross 15.3c resistance than said...this line many times it try cannot cross .
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ckmpd1
Supreme |
12-Oct-2020 06:24
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SCM will announce its 3rd qtr results next week.  Can we expect BB to manipulate this counter this week and make a huge profit? | ||||
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Alson18
Senior |
11-Oct-2020 19:35
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I know i dont come here to create jokes
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Alson18
Senior |
11-Oct-2020 19:33
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Please justify your statement instead of calling people jokers!
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RyantNg
Senior |
11-Oct-2020 16:50
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Many jokers being stuck keep on shouting. Its down trend obviously. |
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ckmpd1
Supreme |
10-Oct-2020 18:34
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I believe SCM and SCI hit their bottoms in Jun 2020 with the 2nd qtr results and impairments.  With demerger and recapilisation, the 3rd and 4th qtr results will be much better and their prices wont soar beyond ).147 and $1.33 respectively.  It boggles the mind that they are trading at such low prices.  The only reason i can think of is BB depressing the prices to buy them cheap.
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Alson18
Senior |
10-Oct-2020 18:18
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Good analysis!! Even if this coming qtr just ok..the share price cannot be at such low level...
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ckmpd1
Supreme |
10-Oct-2020 18:01
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The next two qtr results will show how SCM is faring.  I expect good results and scm price to soar.  That is why i m loading at 0.147c
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better
Elite |
10-Oct-2020 16:43
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That' s why Energean is rushing SMM to complete their FPSO for the Israel' s Karish field so that they can get first gas by mid next year. It may sound counter intuitive: If SMM can refrain from committing their capacity and financial resources to new projects now when sentiment is still luke warm and wait for the opportunities to commit their resources next year, their margin will be much better.  They can afford to wait because unlike Keppel O& M, SMM is loaded with $2 billion cold hard cash. Bidding for projects when the global spare capacity is lessor next year will be far more profitable. That' s how I see it. With a bit of luck, I would not be surprised if they can make more than $1 billion annual profit a couple of years from now. The previous high during the last boom was $600 mil.   |
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ckmpd1
Supreme |
10-Oct-2020 16:24
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Agree with you.  The  BBs are suppressing the price now and hope to buy SMC cheap.  Once SCM has good news and soars, it will be rapid.  the good news can come: 1)  on 22 Oct at the 3qtr results 2)  or feb 2021 at the full yr results 3)    when TH announces its plans to transform SCM. It will come
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better
Elite |
10-Oct-2020 16:18
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From the enormous effort the manipulators put in to supress the price so they could buy more at rock bottom prices, I believe the reversal would be spectacular when it starts, whenever it may be. A good start date would be the release of Q3 results in 2-3 weeks time. Just hope I could buy more when some of my funds come in before it happens. Most soft commodities like palm oil, soybean, wheat etc and hard commodities like iron ores are at their 5 year highs. Natural gas has rallied close to 50% in the past month. Crude oil prices would likely move into the 50s by early next year. With a bit of help from the resurgence of natural gas and crude prices, my 12 month target for SMM is actually 200 to 300% from current, especially after they confirm some of their multi billion dollar wind projects. So my 12 month target is 45 to 60 cents.   |
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ckmpd1
Supreme |
10-Oct-2020 15:17
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Besides SCM, which other counter can give you  likelihood of gaining 100% within the next 12 months? 
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