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Sembmarine
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ash902
Veteran |
02-Oct-2014 12:41
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become sub-marine liao |
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CharlesChen
Senior |
02-Oct-2014 12:38
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Next level to accumulate will be at $3.5. Reaching oversold territory soon. Already got abit at $3.6. Just buy abit and wait. No need to panic. |
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wangwa
Senior |
02-Oct-2014 12:05
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So which joker is selling ?? | ||||
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kagekage
Member |
02-Oct-2014 11:56
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Sad to say it will go lower with buddy keppel |
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ozone2002
Supreme |
02-Oct-2014 11:15
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how low low low low low low low can semb mar go go go go go go Time: 10:20AM Exchange: SGX Stock: Sembcorp Marine(S51) Signal: Support - Broken with High Volume Last Done: $3.58 |
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alexcai
Member |
02-Oct-2014 11:14
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Agreed. With US attacking, those jets plane will sure need fuel. Resources won't be cheap forever .
Apart from this, sembcorp investment in steel just shows the company desire to improve.
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ozone2002
Supreme |
02-Oct-2014 11:13
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Last:3.59     Vol:5617k     -0.09
dropped 9c today..most of the time there' s a disconnect between market prices and biz fundamentals.. have to distinguish whether it' s due to sentiment or fundamentals |
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wangwa
Senior |
02-Oct-2014 10:56
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Yeah. Where got oil getting cheaper and cheaper ? | ||||
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alexcai
Member |
02-Oct-2014 10:50
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Not to panic.. Petrobas is still one of the undervalued gem in brazil. 0 analyst rated sell, 3 rated buy and 6 rated hold on petrobas despite the downward trend. | ||||
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earlybird14
Supreme |
02-Oct-2014 09:39
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http://www.sembcorp.com/en/news_detail.aspx?NewsID=948 " Scheduled for deliveries between 2Q 2015 to 2Q 2019, the six drillships will be among the first in a series of drillships to be built in Brazil to cater to the oil and gas discoveries in the offshore giant pre-salt fields of the Santos Basin." Only insiders know how serious the delay is. No matter how, the first drillship has to be delivered by 2Q 2015. By right, market should receive first drillship launching now and expect the vessel delivery by 2Q 2015. The first vessel normally take longer to do integration and topside completion. Not looking good to Sembcorp Marine and time is counting down.
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earlybird14
Supreme |
02-Oct-2014 09:32
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Bear in mind, Sembcorp Marine failed to deliver Allseas Pipe Lay Vessel and lose close to 600Million dollar (Vessel Building Cost + Compensation Cost to Allseas). Will it be a repeated story for Petrobras project? Difference between Keppel & Sembcorp Marine in Petrobras project is with yard facilities in Brazil of few decades of experience and building yard facilities in Brazil with fresh. High risk on Sembcorp Marine. http://www.ship-technology.com/news/newssembcorp-starts-construction-on-estaleiro-jurong-aracruz-shipyard-in-brazil " The project will be constructed over three years with full completion scheduled for the end of 2014." http://www.sembcorp.com/en/src/downloads/SCI_1H2014_SGXNet.pdf " construction of the wholly-owned shipyard in Brazil is on track to commence initial operations in the second half of 2014, and is scheduled for completion in 2015." Just be aware on it.
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CharlesChen
Senior |
02-Oct-2014 09:32
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Can try entering a small position at $3.6. There should be a rebound soon. |
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wangwa
Senior |
02-Oct-2014 09:28
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maybe something wrong with it?company not even supporting its stock. It used to do so... | ||||
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bobochacha
Member |
02-Oct-2014 09:20
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Hit $3.61 earlier... Another new low milestone achieved!
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ottomarine
Member |
02-Oct-2014 09:16
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Shoot it down
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ozone2002
Supreme |
02-Oct-2014 09:08
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Last:3.68     Vol:641k -
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earlybird14
Supreme |
01-Oct-2014 17:33
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Insider may know some big issue is going to happen on this company. People in offshore marine industry knew doing business in Brazil is having  a huge difficulty. Junk of orderbook with Sembcorp Marine is with Petrobras and all drill ships must be built in Jurone Brazil Yard which is still under construction (shipyard construction is delayed badly). It surely affect the delivery schedule of the vessels. No shipyard, no vessels. Constructing vessels are not started yet but have already encounter shipyard building issue. Let' s see how is the development with Sembcorp marine on Petrobras Project.
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surefire
Member |
01-Oct-2014 17:18
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Just frustrating to see this stock going lower n lower each day. I know that chinese rig makers are making it a much more competitive mkt but surely there has to be a bottom!  |
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Qanghoo
Supreme |
01-Oct-2014 16:07
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CKs doing the Limbo Rock.  How low can it go?
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bobochacha
Member |
01-Oct-2014 12:25
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Yet another new 1-year low of $3.67 achieved today! Never fail to " impress" us  with its lousy performance...
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