| Latest Forum Topics / Seatrium Last:0.091 -- |
 Post Reply
|
|
SembCorp Marine- The new Frontier.
|
|||||
|
ahbui8
Master |
12-Jul-2021 10:01
|
||||
|
x 0
x 0 Alert Admin |
If price keep go down, mean no one want subcribe the rights ( As taken compare to SIA ). In the end, Temasek happy, can privatize SM with cheap money. | ||||
| Useful To Me Not Useful To Me | |||||
|
buayjinchu
Senior |
12-Jul-2021 09:59
|
||||
|
x 0
x 0 Alert Admin |
Gone case | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
mkaung2000
Veteran |
12-Jul-2021 09:54
|
||||
|
x 0
x 0 Alert Admin |
What ever crisis come, they are the worst hit. Oil price down: jialat. Covid: more jialat Labor shortage: lagi jialat What next? seibei jialat?
|
||||
| Useful To Me Not Useful To Me | |||||
|
kt3152
Supreme |
12-Jul-2021 09:42
|
||||
|
x 0
x 0 Alert Admin |
Price movement may just surprise shortist... NV.....
|
||||
| Useful To Me Not Useful To Me | |||||
|
ICXGOLD
Master |
12-Jul-2021 09:40
|
||||
|
x 0
x 0 Alert Admin |
SCM normally react to newsflow the following day as well after it goes to print media so possible will be a down day again tomorrow. Staying invested knowing that the loss is going to be far higher than expected is not the best of ideas at present as mentioned before keep 2 lots to have an option to subcribe to rights and exist now. We may see 8 cents in weeks ahead. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
sutiono
Veteran |
12-Jul-2021 09:40
|
||||
|
x 0
x 0 Alert Admin |
Will continue to lose big , but ATM is always there . | ||||
| Useful To Me Not Useful To Me | |||||
|
fuzzyshares
Veteran |
12-Jul-2021 09:34
|
||||
|
x 0
x 0 Alert Admin |
How about a new Post:
Sembcorp Marine - The Last Frontier |
||||
| Useful To Me Not Useful To Me | |||||
|
Checkerman
Master |
12-Jul-2021 09:33
|
||||
|
x 0
x 0 Alert Admin |
Not surprised to see 11cts
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
UltraBoy
Member |
12-Jul-2021 09:28
|
||||
|
x 0
x 0 Alert Admin |
Lost a few billons is ok la. Not enough money, just as shareholders to top up. |
||||
| Useful To Me Not Useful To Me | |||||
|
TigerPlay
Master |
12-Jul-2021 09:28
|
||||
|
x 0
x 0 Alert Admin |
Look like a delayed reaction to the news, is starting to sink now below 12cts | ||||
| Useful To Me Not Useful To Me | |||||
|
TigerPlay
Master |
12-Jul-2021 09:27
|
||||
|
x 0
x 0 Alert Admin |
This one i agreed. Beside asking and spending money, what else have they done that can help SH? The buz model is good and can lar, but just need the right pp to lead.
|
||||
| Useful To Me Not Useful To Me | |||||
|
commando
Master |
12-Jul-2021 09:26
|
||||
|
x 0
x 0 Alert Admin |
If break 0.119...jialat..got chance below 0.1
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
fuzzyshares
Veteran |
12-Jul-2021 09:21
|
||||
|
x 0
x 0 Alert Admin |
already sinking for a while, just a matter of how much water or air is getting in, let's see what happens ...
|
||||
| Useful To Me Not Useful To Me | |||||
|
mkaung2000
Veteran |
12-Jul-2021 09:20
|
||||
|
x 0
x 0 Alert Admin |
Hopeless management. Blame everything except themselve. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
Octavia
Supreme |
12-Jul-2021 09:09
|
||||
|
x 0
x 0 Alert Admin |
The group says it will make provisions in the 1HFY2021 for these &ldquo significant additional&rdquo manpower costs to be incurred over the next six to 18 months. In addition, SembMarine expects to incur additional costs due to work rescheduling, extra sub-contract work, additional material usage and other staff turnover related costs. Provisions will be made for these costs over the next six to 18 months as well. SembMarine will be releasing its 1HFY2021 results on July 29. |
||||
| Useful To Me Not Useful To Me | |||||
|
TraderBen
Supreme |
12-Jul-2021 09:07
|
||||
|
x 0
x 0 Alert Admin |
120 looks unsecured.. | ||||
| Useful To Me Not Useful To Me | |||||
|
uiop1223
Supreme |
12-Jul-2021 09:06
|
||||
|
x 0
x 0 Alert Admin |
Sinking stock? $0.08 😂 | ||||
| Useful To Me Not Useful To Me | |||||
|
dcproperty
Senior |
12-Jul-2021 09:03
|
||||
|
x 0
x 0 Alert Admin |
Temasek' s S$13b rescue of leading Singapore corporates aligned with its long-term horizon: analysts The state investor is set to spend over S$14 billion as it throws its weight behind sector giants amid the pandemic Mon, Jul 12, 2021 - 5:50 AM UPDATED Mon, Jul 12, 2021 - 8:27 AM Singapore' s Temasek Holdings has ploughed at least S$13 billion since last year - and is set to spend more - into sector bigwigs from the national airline to an agri-food giant, a shipping line and offshore and marine firm, most of which involves funding to save these pandemic-roiled businesses. Singapore SINGAPORE' s Temasek Holdings has ploughed at least S$13 billion since last year - and is set to spend more - into sector bigwigs from the national airline to an agri-food giant, a shipping line and offshore and marine firm, most of which involves funding to save these pandemic-roiled businesses. While a majority of Temasek' s investments were in the form of cash calls or rights issues that were meant to bolster the capital base of these hard-hit firms, they were in large part also strategic and opportunistic moves that were aligned with the state-owned investor' s long-term investment horizon. A common thread stands out in the recent moves by Temasek to throw its financial heft behind some of these firms, said Associate Professor Lawrence Loh from the National University of Singapore Business School. " These companies seem to be in strategic sectors that are critical to Singapore." The aviation sector, for one, is a major contributor to the economy. Data from the International Air Transport Association showed that the air transport industry, including airlines, its supply chain and spending by foreign tourists, accounted for nearly 12 per cent of Singapore' s gross domestic product (GDP) during pre-pandemic times. Singapore' s offshore and marine sector has long been a pillar of the city state' s economic progress and transformation. Having weathered a downturn amid depressed oil prices since 2014/2015, the sector has made big moves as it pivots to tap opportunities in the booming offshore renewables and green energy space. Noteworthy is that Temasek owns majority stakes in some of these firms. For that reason too, Justin Tang, research head for Asia at United First Partners, deemed Temasek' s backing as " nothing out of the ordinary" , more so as some of these firms were at " ground zero" of the pandemic and faced the possibility of becoming insolvent. Singapore Airlines (SIA), in which Temasek has a stake of about 55 per cent, faced severe liquidity issues in March last year as countries scrambled to contain the spread of Covid-19 and shut their borders. In fact, the national carrier has received the bulk or some S$12 billion of the state investor' s rescue monies to weather the tough climate as a result of Temasek' s move to backstop the airline' s rights issues. Apart from being better capitalised, the rescue package puts the carrier on a strong footing to tap opportunities amid the crisis, including fresh acquisitions. Terence Chua, senior analyst at Phillip Securities Research, said the restructuring among Temasek' s portfolio companies, which has picked up pace this year and was largely hastened by the pandemic, indicates a clear intent to position the firms to " better compete on the global stage" . Such investments could potentially allow Temasek to ride the upturn when the economic environment improves, he said. One example is the Temasek-backed demerger of Sembcorp Industries and Sembcorp Marine (Sembmarine) last year. Temasek had agreed to support a S$2.1 billion rights issue by Sembmarine, by sub-underwriting S$600 million of the rights issue. The move to deconsolidate the conglomerate resulted in the creation of more focused units to create shareholder value, said Mr Chua. In the case of agri-food firm Olam International, Temasek' s underwriting of its rights issue to finance the acquisition of US spice maker Olde Thompson likely comes from the position of a controlling shareholder who " saw value and wanted to minimise dilution" , said Mr Tang. Such deals are largely led by commercial sense. " Temasek is not a charity in its investments - it cannot and should not be one," said Prof Loh, adding that there must be some expected contributions to its portfolio, particularly in the returns and adherence to the strict discipline of good portfolio management. Its track record over the past year may be a good indication of that. In August last year, the state investment firm pulled the plug on its partial bid for control over Keppel Corp after the conglomerate posted staggering quarterly losses owing to impairments and breached a pre-condition for the offer. " The current challenges faced by the rescued companies must be short term and there has to be a real possibility that they can ride out the storm," said Prof Loh. Nirgunan Tiruchelvam, head of consumer sector equity research at Tellimer, opined that by financially backing these firms, it allows Temasek to receive a stake at a discount to their perceived fair value. It has to do with what Temasek feels would be the best return for its investment, he said, adding that the investor probably has a strategic view on various sectors, and in the case of Olam, agricultural commodities. Recall, back in 2014, Temasek threw its weight behind Olam and launched a S$2.5 billion bid for the agri-commodities trader amid financial strain and attacks by short sellers. Mr Tang added: " There are many corporate manoeuvers that a large asset manager can utilise to manage their portfolio. What Temasek has chosen probably suits its time horizon, investment mandates and asset allocation requirements. Temasek' s long term horizon means that it can sit out market fluctuations for the eventual recovery and enjoy the fruits of its distressed investing."
|
||||
| Useful To Me Not Useful To Me | |||||
|
TigerPlay
Master |
12-Jul-2021 09:01
|
||||
|
x 0
x 0 Alert Admin |
Trading started, does not appear this news got any impact on the share price so far. usually if really bad, it will plunge right from start of trading. maybe either someone is supporting it or this is a expected piecs of news,, no impact | ||||
| Useful To Me Not Useful To Me | |||||
|
commando
Master |
12-Jul-2021 08:57
|
||||
|
x 0
x 0 Alert Admin |
Maybe Below 12 today?
|
||||
| Useful To Me Not Useful To Me | |||||