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jadason
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MANFREDTMK
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09-Feb-2022 15:24
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Yes cunning strategy. Push up to make retailers go in at 8.6 to 8.7 cents and then wait for Contra and force selling on Friday to accumulate more shares at 8.5 cents and below. They already knew that sellers at 8.3 cents are drying up for them to accumulate sizable amount. So 8.5 is the new level for sizeable accumulation. We need a big fund like TH to push prices up substantially to induce panic buying and short squeeze. Then the price will shoot through the roof.
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better
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09-Feb-2022 15:02
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Now that COP26 Climate Summit is well behind us, Cambo and a few other UK North sea projects are scheduled to get the go ahead soon. Cambo is worth about $1 to 1.3 billion for Sembmarine.   UK field development shackles could be loosenedFeb. 9, 2022
Britain&rsquo s government could approve development plans for six oil and gas fields in the North Sea area, according to the Daily Telegraph.
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Offshore staff LONDON  &ndash   Britain&rsquo s government could approve development plans for six oil and gas fields in the North Sea area, according to the Daily Telegraph. The national newspaper&rsquo s list of projects is headed by the Equinor-operated  Rosebank west of Shetland, which if confirmed would be the UK&rsquo s deepest water development to date. Four others in the central North Sea are Shell&rsquo s HP/HT  Jackdaw gas field project  (last year the Oil and Gas Authority vetoed Shell&rsquo s request for a tieback to its Shearwater complex) Anasuria Hibiscus&rsquo   Marigold cluster further development of the  Harbour Energy-operated Catcher Area and Brodick. Finally, Harbour&rsquo s Tolmount East gas development &ndash production has yet to start at the host Tolmount field facilities. UK Chancellor Rishi Sunak has asked Business Secretary to fast-track the approval process, the Telegraph added, due to growing concerns over the economic impact of moving too quickly on net-zero emissions targets, with Europe-wide gas shortages causing prices of gas to increase for domestic UK consumers.  
Combined gas reserves associated with the six projects would cover the UK&rsquo s entire power needs over six months, the report claimed. Only one minor project in UK waters &ndash the  Evelyn/Gannet tiebacks  to the Triton FPSO &ndash secured approval last year, and there have been growing calls from opposition parties for the government to impose a  windfall tax on offshore oil and gas companies  &ndash reinforced by bp&rsquo s announcement today of full-year profits totalling $7.565 billion (its reduction of its net debt to $30.6 billion at year-end was not mentioned by politicians). Last year, Shell paused investment in the  Cambo oil and gas project  west of Shetland, which was also expected to proceed, following persistent pressure from environmental groups and Scotland&rsquo s own government. If the new developments do go ahead, and the current energy crisis persists, more project approvals could follow over the next few years. The Telegraph quoted a government source as warning that calls to end UK oil and gas production altogether would only lead to Britain importing more from other countries with &ldquo dubious records,&rdquo at the same time destroying 200,000 jobs within the industry.
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MANFREDTMK
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09-Feb-2022 12:29
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Thanks
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dcproperty
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09-Feb-2022 09:14
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Yeah, they should claim bought UOB, DBS.
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MANFREDTMK ( Date: 09-Feb-2022 09:04) Posted:
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dcproperty ( Date: 09-Feb-2022 08:52) Posted:
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Certainly, same same, why you are not vested, not shorting as claimed, but keep wasting your time here.
weekaykee ( Date: 09-Feb-2022 08:36) Posted:
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(Quote) ... Yinson said the estimated aggregate value of the charter and operations and maintenance contracts is equivalent to US$5.2 billion while the contract period is for 22.5 years from the date of the final acceptance of the floater, which will be called FPSO Maria Quiteria.... (Unquote)
My understanding is that the contract value is over 22.5 years.
It works out
=US$5.2b/ 22.5 years
= US $0.23B/ year
How about inflation over 22.5 years?
share456 ( Date: 08-Feb-2022 21:26) Posted:
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Why are you guys wasting time over peanuts (SCM) ? Just imagine the amount of profits that could have been made if the attention was focused on any one of the many other winners out there. 
 
MANFREDTMK ( Date: 08-Feb-2022 18:23) Posted:
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MANFREDTMK ( Date: 09-Feb-2022 07:27) Posted:
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better ( Date: 09-Feb-2022 00:59) Posted:
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8th Feb 2022
Cambo
One of the more keenly watched FPSO contracts in the pipeline is for the Cambo project, west of Shetland.Much controversy has raged about the field and in December,    Shell opted to pull out of the scheme,  with operator Siccar Point energy    putting it on hold  a few days later.
Despite the ongoing pause to the project,    Rystad Energy  has still speculated that a deal to manufacture the FPSO for Cambo    could be handed out in 2022. 

An artist' s impression of the Cambo FPSO.
Siccar Point is & ldquo likely& rdquo to sign off a letter of intent with Sevan SSP, of Norway, for the engineering, procurement and construction (EPC) of the vessel this year, according to the analyst' s sources.
Given Sevan SSP FPSO designs are circular hull designs and are more suitable for harsh environments like the North Sea and their ability to host power from shore cables (electrification) which helps to reduce the overall carbon footprint of an oil & gas field might give these units a competitive advantage for redeployment.
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Yinson estimates charter and O& M contracts worth a combined US$5.2 billion
https://www.upstreamonline.com/field-development/malaysian-fpso-company-firms-up-huge-brazilian-order/2-1-1164594
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If they are really from RI, I felt sorry for the school. It will be nice if they can study beyond A level. A degree in Economics and Finance will help them in the valuation of equity and bonds, instead of relying on some very crude measure. Constantly repeating where is the contract is regrettable. Even a junk company receives contract, not to mention a Temasek -link company. Just a question of time. Waiting until the contract is announced, then buy at 10 cents is a real folly. The market is forward looking and hence rewarded those with foresight, not hindsight
dcproperty ( Date: 08-Feb-2022 14:49) Posted:
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SM share has be undergoing collection for months now.
Those experience traders will agree with me. Once positive news out, share price with gap up abruptly. Only the fool kept saying buy after merging terms out, buy after new contract awarded.
And not sure what fact people are talking about?
Yes, shouting, crying that SM no new contract, blah blah... All these guys keep shouting 0.04 cents, dropping to zero value... but the fact is SM now is still above $0.08. People who bought at $0.08 is already making money.
These guys still shout and shout. One fact is that they continue paying shorting financial interest, while other making 6-8% profit lo.
Chagataii ( Date: 08-Feb-2022 13:55) Posted:
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Master
Yells: "Only buy stock with revenue or net cash flow growth!!!!"
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Does Temasek really concern about their shareholding on SCM? answer is no.
Their main concern is only how to stop bail out SCM again and again like how they wanted to stop bleeding from NOL, Chartered Semi Conductor, SPH through selling, liquidated, split and etc. 
The accountability of temasek towards local MNC is only " Keeping the industry in singapore and keep the jobs for Singaporean only"
Minor Shareholders are never their consideration at all based on past cases.
chart_expert123 ( Date: 08-Feb-2022 14:00) Posted:
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Master
Yells: "Only buy stock with revenue or net cash flow growth!!!!"
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This is due to the fact that, as per keppel corp financial announcement, keppel O& M holding 5.1 bil orderbook with net loss of 77mio only in FY 2021.
But as compared to SCM, they are holding 647mio net loss in 1H, as per 3Q profit guidance, they will incur same amount of net loss in 2H, which make them to be net loss of 1.2 to 1.4bil. SCM order book is merely less than 1.3 Bil.
The one holding bargain power is keppel corp. Either merge with SCM and obtain free share or wait SCM to be JM and take over the SCM assets through JM, bargain with all SCM creditors and Temasek, take SCM shell and relist again in SGX as Keppel O& M.
Plan 1 or Plan 2 both benefit Keppel Corp shareholders. The longer the merge deal drag, the higher chance to be plan 2.
chart_expert123 ( Date: 08-Feb-2022 13:52) Posted:
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chart_expert123 ( Date: 08-Feb-2022 13:52) Posted:
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Master
Yells: "Only buy stock with revenue or net cash flow growth!!!!"
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for Keppel Corp, every dump is a great chance to load. when keppel corp was down to near 5 dollars, scammers here all talk nonsense about keppel corp, but it is great chance to load for keppel corp to obtain free shares given by SCM. 
Now, Keppel Corp price is higher than last high, SCM share price is still stagnant. When Merge plan is firmed out, Keppel corp shareholders gain free share from SCM and discharge keppel O& M without any harm, potentially like SCI to fly their share price with profitable subsidiary.
SCM shareholders fate is still unchanged and share value will be diluted further after issue free shares to Keppel corp shareholders. Keppel corp shareholders has nothing to lose, want to sell away SCM or keep the free share and hope for the best for Offshore construction industry. 
SCM shareholders? continue to hope for the best with their diluted shares. 
Chagataii ( Date: 08-Feb-2022 12:54) Posted:
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