Seatrium    Last:0.091   -

SembCorp Marine- The new Frontier.

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!
 

 

Ya.. at least once labour issue is solve, they can't use the excuse for losses anymore. Must find some other excuse which more convincing.

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.

 

nothing to be uncertain. Just a penny play.

ckmpd1      ( Date: 15-Nov-2021 17:39) Posted: very uncertain times for SMM.  chart_expert123      ( Date: 15-Nov-2021 17:36) Posted: 7.9 support --> 8.9 resistance --> 8.2 support --> next resistance ????? 8.6-8.7 157,000,000 transacted.... See how tomorrow.

 

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. ckmpd1      ( Date: 15-Nov-2021 16:34) Posted: These showed market sentiments and customer confidence in SMM.  O& M is a very tight industry and the reputation of a company precedes its contracts.  It will be wise to look at how many big contracts SMM can garner by Mar 2022. If no contract by Mar 2022, SHs need to be concerned.  We can all hope for the best but nothing beats solid profits and big contract

 

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.

 

And not to forget the $500m needed for merger, SMM will be begging for $$ by mid 2022.

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. ckmpd1      ( Date: 15-Nov-2021 16:34) Posted: These showed market sentiments and customer confidence in SMM.  O& M is a very tight industry and the reputation of a company precedes its contracts.  It will be wise to look at how many big contracts SMM can garner by Mar 2022. If no contract by Mar 2022, SHs need to be concerned.  We can all hope for the best but nothing beats solid profits and big contract

 

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.

ckmpd1      ( Date: 15-Nov-2021 16:34) Posted: These showed market sentiments and customer confidence in SMM.  O& M is a very tight industry and the reputation of a company precedes its contracts.  It will be wise to look at how many big contracts SMM can garner by Mar 2022. If no contract by Mar 2022, SHs need to be concerned.  We can all hope for the best but nothing beats solid profits and big contracts teeth53      ( Date: 15-Nov-2021 15:31) Posted: Sembmarine share price dips below S$0.08 offer price customer to move unfinished vessel out of yard

 

Noted.

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

 

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

 

Today MTF announce VTL include India. Its good new for SCM for their labour issue. More worker can come in with lower cost.

 

A major task of a company is to maximise share holder' s value.  I cant help but wonder how SMM mgmt is maximising SH' s value because they only create problems but not coming out with solutions

 

Maybe nothing better to do.. most of them not vested anyway.

ahboy8      ( Date: 15-Nov-2021 15:36) Posted: I don' t understand why there must always be some people whom are always so negative about things! My advise, think on the bright side and everything will be alot more smoother. Same goes to this counter. I agree that this might not be the best counter as business are affected. But look around you, how many business are affected due to Covid' 19. But things are slowly picking up. Market always need adjustment. Just treat this counter under-going adjustment. Anyway seem like many are stucked here and thinking positive that things will slowly turns better! Lets believe that! Work harder SCM!

 

Actually you all still can come in and spin shit stories about smm, show that you all really just no substance. At least change your nick and come in mah.. say will crash to 7c or 6c.. now still repeat same stories.

ckmpd1      ( Date: 15-Nov-2021 17:39) Posted: very uncertain times for SMM.  chart_expert123      ( Date: 15-Nov-2021 17:36) Posted: 7.9 support --> 8.9 resistance --> 8.2 support --> next resistance ????? 8.6-8.7 157,000,000 transacted.... See how tomorrow.

 

Even today, it's Well-Absorbed

MANFREDTMK      ( Date: 15-Nov-2021 18:06) Posted: You jolly well know tomorrow is the big Contra day. See how after tomorrow. chart_expert123      ( Date: 15-Nov-2021 17:36) Posted: 7.9 support --> 8.9 resistance --> 8.2 support --> next resistance ????? 8.6-8.7 157,000,000 transacted.... See how tomorrow.

 

You jolly well know tomorrow is the big Contra day. See how after tomorrow.

chart_expert123      ( Date: 15-Nov-2021 17:36) Posted: 7.9 support --> 8.9 resistance --> 8.2 support --> next resistance ????? 8.6-8.7 157,000,000 transacted.... See how tomorrow.   chart_expert123      ( Date: 12-Nov-2021 15:34) Posted: 7.9 support --> 8.9 resistance --> 8.2 support --> next resistance ?????

 

very uncertain times for SMM. 

chart_expert123      ( Date: 15-Nov-2021 17:36) Posted: 7.9 support --> 8.9 resistance --> 8.2 support --> next resistance ????? 8.6-8.7 157,000,000 transacted.... See how tomorrow.   chart_expert123      ( Date: 12-Nov-2021 15:34) Posted: 7.9 support --> 8.9 resistance --> 8.2 support --> next resistance ?????

 

for price to move up, SCM nneds to tell when SCM can be profitable.

if SCM does not even know, no one will know.
 

 

7.9 support --> 8.9 resistance --> 8.2 support --> next resistance ?????

8.6-8.7 157,000,000 transacted....

See how tomorrow.
 

chart_expert123      ( Date: 12-Nov-2021 15:34) Posted: 7.9 support --> 8.9 resistance --> 8.2 support --> next resistance ?????   chart_expert123      ( Date: 12-Nov-2021 10:25) Posted: If based on FA on the table we have, SCM is at edge of bankruptcy. It worth nothing especially huge loss after huge loss. However, stock price run as per TA, a consolidation of confident levels from whatever bad and good, worst or best which we can see in this forum and those cannot be found and known as well by insiders and financial institutes.  The simple TA is last resistance is 8.9, and last support is 8.2. Price just supported at 8.2 and moving up. Can break 8.9 or move closer, i will just cut and close my short position.

 

Including auctions, it is close to 50M sold in the last ditch dash.This shows that the weak holders are finally clearing their position.

But a key point to note is that  about 100M (from over 500 orders) are not fullfilled and I really wonder how they are going to get them in the next few days (with the weakers ones falling out today).

In short, the rally is finally taking shape. An exciting week ahead, guys!

 

A nail bitting finish :) lets see what after market have in store. We have absorbed some 25+ million sells in the last our.