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SembCorp Marine- The new Frontier.

Let us see how high BB will pump it up to before dumping begins

 

Sometime it need not make any real profit b4 price soar. Look at SIA now, every month stilll bleeding although lesser now, but price soar to even 5.50 or something once VTL announced. But now taper down abit laiow but still up alot from time when I played it at 4.50 4.60, if keep till now HUat liaow and they din really make any profit at all, just change of tune can laiow...same for SCM now, can really see and hear the tune changing now whether you want to admit it or not, UOB oredy calling BUY on it now, last time not a single security house call a single BUY...dyodd hor

ckmpd1      ( Date: 16-Nov-2021 09:28) Posted: Before SMM price rise can be sustained, SMM must make profits Before SMM can make profits, it must win big profitable contracts. I dont see any of the above happening before Mar 2022..  In the meantime, SMM is losing big money.  BB can try to pump up SMM' s price.  But that cant be sustained and soon BB will dump SMM.  Dont be at the mercy of BB. weekaykee      ( Date: 16-Nov-2021 09:12) Posted: Before it makes profits, the huge contracts will need to be announced first. And in this cut-throat market, big contracts would not infer profits. The very reason why it is slow in winning contracts is that they will only bid at prices which will be profitable. Seems like others are undercutting them

 

This is true, before the merger, they have to ramp the price up to get a better Terms of Exchange. There's no turning back.

pkli899      ( Date: 16-Nov-2021 09:32) Posted: Good one.....I like your comment. datadatadata      ( Date: 16-Nov-2021 09:26) Posted: Hear this .... It had been announced in the recent financial briefing by SCM management that merger will be taking place anytime soon. So what does that mean to us? In all mergers or takeovers, the price offered has to be attractive (or they will be doomed as we see in the 8cents offered by TH early of the month) and typically, a premium of 20%- 30% over the last closing price. This is not a speculative post.... it is real. So whatever price you purchase, as long as you track the rise of the price in tandem with market shift, you are bound to get this premium return. I am not sure how you guys think... to me it is a lot better than the miserable fraction of a percent from fixed deposits. Bottomline, get your buying going and be engaged as early as possible - you gain both price rise as well as the premium if you get started sooner.

 

Good one.....I like your comment.

datadatadata      ( Date: 16-Nov-2021 09:26) Posted: Hear this .... It had been announced in the recent financial briefing by SCM management that merger will be taking place anytime soon. So what does that mean to us? In all mergers or takeovers, the price offered has to be attractive (or they will be doomed as we see in the 8cents offered by TH early of the month) and typically, a premium of 20%- 30% over the last closing price. This is not a speculative post.... it is real. So whatever price you purchase, as long as you track the rise of the price in tandem with market shift, you are bound to get this premium return. I am not sure how you guys think... to me it is a lot better than the miserable fraction of a percent from fixed deposits. Bottomline, get your buying going and be engaged as early as possible - you gain both price rise as well as the premium if you get started sooner.

 

Alright, then you wait for the profit to happen, then buy.

weekaykee      ( Date: 16-Nov-2021 09:12) Posted: Before it makes profits, the huge contracts will need to be announced first. And in this cut-throat market, big contracts would not infer profits. The very reason why it is slow in winning contracts is that they will only bid at prices which will be profitable. Seems like others are undercutting them. TigerPlay      ( Date: 16-Nov-2021 07:52) Posted: IMHO, I think SCM tide is starting to turn. You can see BB interest now and news is now broadcasting and highliting mostly positive aspect of SCM. Someone wrote here that once it started to make profit and way b4 that the share will start to climb, by the time news is out, this counter will probably be 15cts etc, too late to buy then and I totally agreed with that. Now it is starting to climb, nobody can deny it, 8.7cts etc...BB know of news way way ahead, so this time is not PnD anymore IMHO, but dyodd hor.

 

Before SMM price rise can be sustained, SMM must make profits

Before SMM can make profits, it must win big profitable contracts.

I dont see any of the above happening before Mar 2022..  In the meantime, SMM is losing big money.  BB can try to pump up SMM' s price.  But that cant be sustained and soon BB will dump SMM.  Dont be at the mercy of BB.

weekaykee      ( Date: 16-Nov-2021 09:12) Posted: Before it makes profits, the huge contracts will need to be announced first. And in this cut-throat market, big contracts would not infer profits. The very reason why it is slow in winning contracts is that they will only bid at prices which will be profitable. Seems like others are undercutting them. TigerPlay      ( Date: 16-Nov-2021 07:52) Posted: IMHO, I think SCM tide is starting to turn. You can see BB interest now and news is now broadcasting and highliting mostly positive aspect of SCM. Someone wrote here that once it started to make profit and way b4 that the share will start to climb, by the time news is out, this counter will probably be 15cts etc, too late to buy then and I totally agreed with that. Now it is starting to climb, nobody can deny it, 8.7cts etc...BB know of news way way ahead, so this time is not PnD anymore IMHO, but dyodd hor.

 

Hear this .... It had been announced in the recent financial briefing by SCM management that merger will be taking place anytime soon. So what does that mean to us? In all mergers or takeovers, the price offered has to be attractive (or they will be doomed as we see in the 8cents offered by TH early of the month) and typically, a premium of 20%- 30% over the last closing price. This is not a speculative post.... it is real.

So whatever price you purchase, as long as you track the rise of the price in tandem with market shift, you are bound to get this premium return. I am not sure how you guys think... to me it is a lot better than the miserable fraction of a percent from fixed deposits.

Bottomline, get your buying going and be engaged as early as possible - you gain both price rise as well as the premium if you get started sooner.

 

Definitely on BB radar, 1 lot per secocd :) left hand to right hand trades. trying to make the ticker look red and get people to sell to them

 

Before it makes profits, the huge contracts will need to be announced first. And in this cut-throat market, big contracts would not infer profits. The very reason why it is slow in winning contracts is that they will only bid at prices which will be profitable. Seems like others are undercutting them.

TigerPlay      ( Date: 16-Nov-2021 07:52) Posted: IMHO, I think SCM tide is starting to turn. You can see BB interest now and news is now broadcasting and highliting mostly positive aspect of SCM. Someone wrote here that once it started to make profit and way b4 that the share will start to climb, by the time news is out, this counter will probably be 15cts etc, too late to buy then and I totally agreed with that. Now it is starting to climb, nobody can deny it, 8.7cts etc...BB know of news way way ahead, so this time is not PnD anymore IMHO, but dyodd hor.. weekaykee      ( Date: 15-Nov-2021 20:22) Posted: Likely a P& D in slow motion

 

There is no turning back. The Rights issue is OVER.

ttbanthony      ( Date: 16-Nov-2021 08:02) Posted: We will see kissing the tape of 0.09 today. TigerPlay      ( Date: 16-Nov-2021 07:52) Posted: IMHO, I think SCM tide is starting to turn. You can see BB interest now and news is now broadcasting and highliting mostly positive aspect of SCM. Someone wrote here that once it started to make profit and way b4 that the share will start to climb, by the time news is out, this counter will probably be 15cts etc, too late to buy then and I totally agreed with that. Now it is starting to climb, nobody can deny it, 8.7cts etc...BB know of news way way ahead, so this time is not PnD anymore IMHO, but dyodd hor.

 

We will see kissing the tape of 0.09 today.

TigerPlay      ( Date: 16-Nov-2021 07:52) Posted: IMHO, I think SCM tide is starting to turn. You can see BB interest now and news is now broadcasting and highliting mostly positive aspect of SCM. Someone wrote here that once it started to make profit and way b4 that the share will start to climb, by the time news is out, this counter will probably be 15cts etc, too late to buy then and I totally agreed with that. Now it is starting to climb, nobody can deny it, 8.7cts etc...BB know of news way way ahead, so this time is not PnD anymore IMHO, but dyodd hor.. weekaykee      ( Date: 15-Nov-2021 20:22) Posted: Likely a P& D in slow motion

 

IMHO, I think SCM tide is starting to turn. You can see BB interest now and news is now broadcasting and highliting mostly positive aspect of SCM. Someone wrote here that once it started to make profit and way b4 that the share will start to climb, by the time news is out, this counter will probably be 15cts etc, too late to buy then and I totally agreed with that. Now it is starting to climb, nobody can deny it, 8.7cts etc...BB know of news way way ahead, so this time is not PnD anymore IMHO, but dyodd hor..

weekaykee      ( Date: 15-Nov-2021 20:22) Posted: Likely a P& D in slow motion. ckmpd1      ( Date: 15-Nov-2021 16:55) Posted: Is 8.7c a precursor to higher SMM prices or an opportunity to sell and cut losses?  Time will tell

 

Now is a Blue Black Chip

ckmpd1      ( Date: 16-Nov-2021 06:07) Posted:   Blue chip stocks are  shares of large and well-recognised companies with a long history of sound financial performance. These stocks are known to have capabilities to endure tough market conditions and give high returns in good market conditions. How is SMM a blue chip?  More like an insolvent company that needs help Viceight      ( Date: 15-Nov-2021 21:40) Posted: This stock will be the only blue chip below 10c now that it is part of Temasek, solving workers issue will be easier than before and within the next 6moth, it will definitely merge with Keppel O& G optimizing both operations and resources. The rise will be slowly for those who are patient, 8c is the rock bottom already!

 

shortage of labour is a convenient excuse.  The root cause is SMM cant win good and big contracts.  Consistently running a loss is bad.  No profit, no price rise

HenryZai      ( Date: 15-Nov-2021 19:39) Posted: Today MTF announce VTL include India. Its good new for SCM for their labour issue. More worker can come in with lower cost.

 

Yes.

Stating excuses without coming out with workable solutions show the weaknesses in the company

weekaykee      ( Date: 15-Nov-2021 20:30) Posted: Labour issues has  been a lame excuse for their losses. Such huge losses can only point to other serious issues. HenryZai      ( Date: 15-Nov-2021 19:39) Posted: Today MTF announce VTL include India. Its good new for SCM for their labour issue. More worker can come in with lower cost.

 

  Blue chip stocks are  shares of large and well-recognised companies with a long history of sound financial performance. These stocks are known to have capabilities to endure tough market conditions and give high returns in good market conditions.

How is SMM a blue chip?  More like an insolvent company that needs help

Viceight      ( Date: 15-Nov-2021 21:40) Posted: This stock will be the only blue chip below 10c now that it is part of Temasek, solving workers issue will be easier than before and within the next 6moth, it will definitely merge with Keppel O& G optimizing both operations and resources. The rise will be slowly for those who are patient, 8c is the rock bottom already!

 

chart_expert123      ( Date: 15-Nov-2021 20:46) Posted: nothing to be uncertain. Just a penny play. ckmpd1      ( Date: 15-Nov-2021 17:39) Posted: very uncertain times for SMM.

 

Better is the Best in this Thread.

better      ( Date: 15-Nov-2021 20:30) Posted: Noted. weekaykee      ( Date: 15-Nov-2021 20:26) Posted: It needs 2.5b contracts to break even. Right now they have 1.4b worth of contracts on hand. So confirmed losses till end of 2022 and if the losses amount to the same quantum as 2021, they will be begging for money by Oct 2022. Maybe hope and prayers can indeed bring in the huge contracts and catapult SMM to 30 cts

 

didn' t know that sm is a blue chip stock

Viceight      ( Date: 15-Nov-2021 21:40) Posted: This stock will be the only blue chip below 10c now that it is part of Temasek, solving workers issue will be easier than before and within the next 6moth, it will definitely merge with Keppel O& G optimizing both operations and resources. The rise will be slowly for those who are patient, 8c is the rock bottom already!

 

SCM has too many billions of shares and too diluted.

How high can SCM price reach if it is profitable ?
 

Viceight      ( Date: 15-Nov-2021 21:40) Posted: This stock will be the only blue chip below 10c now that it is part of Temasek, solving workers issue will be easier than before and within the next 6moth, it will definitely merge with Keppel O& G optimizing both operations and resources. The rise will be slowly for those who are patient, 8c is the rock bottom already!