It is time to squeeze the short sellers
Betting on #2 for a rosier outlook in 2018/19. Forget about #4. Temasek is a portfolio investor, merely aiming for more hits than misses. They are fine if Sembcorp turn out to be one of the few misses.
michaeltan ( Date: 03-Nov-2017 22:55) Posted:
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1. 9mFY17 net profit 208 millions
2. Group PFO up 11%, company outlooks remain strong.
3. Cash and cash equivalents 2099 millions
4. Got Temasek backup.
2. Group PFO up 11%, company outlooks remain strong.
3. Cash and cash equivalents 2099 millions
4. Got Temasek backup.
allent ( Date: 03-Nov-2017 19:55) Posted:
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9mFY17 exceptional items of 95m works out to about 5cts a share. Without this, EPS for 9m would have been 13.7cts. Hopefully this is a one off and not any more for a few quarters. Operational profits grew. Indian spot prices firming up. New plants starting operation next year. Global economy is improving.
I interpret results is not good enough to invest in it.
Octavia ( Date: 03-Nov-2017 10:50) Posted:
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Semb Marine price is also retracting despite latest positive ratings from  financial institutions .
Why did the price suddenly shoot up for both just before results came out when insiders would  have known the negative results some time ago?
Pumping and dumping? Or dumping and piling?
Why did the price suddenly shoot up for both just before results came out when insiders would  have known the negative results some time ago?
Pumping and dumping? Or dumping and piling?
john_ric ( Date: 01-Nov-2017 15:40) Posted:
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Not vested... you decide for yrself.
Just sharing the post.
 
Just sharing the post.
 
stlimst ( Date: 03-Nov-2017 10:47) Posted:
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sell/short...wait lower px
stlimst ( Date: 03-Nov-2017 10:47) Posted:
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So how?   Hold, sell or buy?
Octavia ( Date: 03-Nov-2017 10:26) Posted:
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3Q17 net profit tumbled 37.7% to $33.6m, bringing 9M17 earnings of $208m (-15.9%) to merely 54.5% of full-year consensus estimate. 
Turnover sank 15.5% to $1.81b, due to reduced takings from marine division (-64.4%), which eclipsed better utility performance (+17%). 
Bottom line was further impacted by higher refinancing costs incurred by its India power project and impairment charges taken on its Singapore assets and investments. 
Turnover sank 15.5% to $1.81b, due to reduced takings from marine division (-64.4%), which eclipsed better utility performance (+17%). 
Bottom line was further impacted by higher refinancing costs incurred by its India power project and impairment charges taken on its Singapore assets and investments. 
Omg
john_ric ( Date: 03-Nov-2017 09:41) Posted:
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Net profit drop more than 22%
Hi can tell why semb corp today drop so much.? 
Result lousy?
Result lousy?
same as semM. result shld be good.
Sembmarine turns positive, what do you think?
yehyeh ( Date: 01-Nov-2017 13:02) Posted:
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3.4 now
3.8 coming??
3.8 coming??
Surprise this counter is push down today .
With oil above 50 and its power unitility doing well ....Semb Corp is trading below its book of 3.85,  ...Hmm
With oil above 50 and its power unitility doing well ....Semb Corp is trading below its book of 3.85,  ...Hmm
The share price performance for Semcorp Marine is doing better than parent company' s Semcorp Ind. This is compared as at 26 July at peak $1.82 for Semcorp Marine and $3.38 for Semcorp Ind.
Perhaps is time to catchup the price as compared SM now at $1.75 and SI at $2.96.
 
Perhaps is time to catchup the price as compared SM now at $1.75 and SI at $2.96.

 
beginners ( Date: 31-Aug-2017 21:05) Posted:
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Go move to renewable business.
sgtrader18 ( Date: 31-Aug-2017 13:14) Posted:
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Sembcorp raises stake in Indian renewable business to 100%
http://sbr.com.sg/shipping-marine/news/sembcorp-raises-stake-in-indian-renewable-business-100