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Any oil rig cancellations and customer defaults at SembMarine will certainly impact SCI as well
Lowest 1.50+ in 2008
Semb Corp Ind may cont to head further South
http://sporeshare.blog spot.sg/2016/01/kepcorpsembcorp-sembmarine.html
Is this down some much only because of Sembmarine ? Or any other reason?
Intelligent speculation. Ur pt may be valid.
Lepin888 ( Date: 09-Jan-2016 10:52) Posted:
Must be good reason for nicky to join board...someone is seeing more defaults and losses esp in semb marine sub
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Must be good reason for nicky to join board...someone is seeing more defaults and losses esp in semb marine sub
It' s becoming so comical in a twisted way. We' re all now so sick of the sgx mkt, but no one seems to care leh. Important indicator - Global Exchange of the Yr. Actually, shd be Clobbered Exchange of the Yr.
lglg666 ( Date: 16-Dec-2015 10:08) Posted:
| Another crap stock? Drop drop drop... |
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Pumped and dumped stock....what the crap?
lglg666 ( Date: 16-Dec-2015 10:08) Posted:
| Another crap stock? Drop drop drop... |
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Another crap stock? Drop drop drop...
$2.60 soon....
Next qtr will be reporting a very low profit.Future profit will even be lower.U can expect PE of 15 & above.Can buy cheaper
SJRay93 ( Date: 14-Dec-2015 21:50) Posted:
Current p/e is 7.5x, seems a little overpriced with all the ruckus going on right now.
spore1 ( Date: 14-Dec-2015 16:16) Posted:
| $2.99 broken down. Heading further South. |
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Current p/e is 7.5x, seems a little overpriced with all the ruckus going on right now.
spore1 ( Date: 14-Dec-2015 16:16) Posted:
| $2.99 broken down. Heading further South. |
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$2.99 broken down. Heading further South.
Now you know why this madness will not last.
Qanghoo ( Date: 09-Dec-2015 14:33) Posted:
But if we look at the flip side of the coin, n subscribe to the notion that the shale n SA camps are trying to drown each other by flooding the mkt with the leylong prices, then they really are suicidal cos when demand recovers in future, they wld have depleted a substantial portion of their reserves on the cheap. This in turn might result in self-inflicted poverty going into the next millennium?
Qanghoo ( Date: 09-Dec-2015 14:16) Posted:
I have also been having the same thought for sometime. N, one of them is the PRC. Believe they are really drinking up real cheap, which will do them a lot of good when their economy recovers. In fact, my other thought has been that if oil continues to be this low, n those who can keep soaking up the excess dirt cheap, n ' hide' them ' at home' , then this wld probably prolong the depressed oil mkt. Who knows how much the PRC is now hoarding with so much loose cash available.
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But if we look at the flip side of the coin, n subscribe to the notion that the shale n SA camps are trying to drown each other by flooding the mkt with the leylong prices, then they really are suicidal cos when demand recovers in future, they wld have depleted a substantial portion of their reserves on the cheap. This in turn might result in self-inflicted poverty going into the next millennium?
Qanghoo ( Date: 09-Dec-2015 14:16) Posted:
I have also been having the same thought for sometime. N, one of them is the PRC. Believe they are really drinking up real cheap, which will do them a lot of good when their economy recovers. In fact, my other thought has been that if oil continues to be this low, n those who can keep soaking up the excess dirt cheap, n ' hide' them ' at home' , then this wld probably prolong the depressed oil mkt. Who knows how much the PRC is now hoarding with so much loose cash available.
littleones ( Date: 09-Dec-2015 10:53) Posted:
| Many non oil producing countries are buying oil on the cheap quietly. These oil are stored away for future used. At this rate oil wealth is being transferred from oil producing countries to non oil producing countrie |
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I have also been having the same thought for sometime. N, one of them is the PRC. Believe they are really drinking up real cheap, which will do them a lot of good when their economy recovers. In fact, my other thought has been that if oil continues to be this low, n those who can keep soaking up the excess dirt cheap, n ' hide' them ' at home' , then this wld probably prolong the depressed oil mkt. Who knows how much the PRC is now hoarding with so much loose cash available.
littleones ( Date: 09-Dec-2015 10:53) Posted:
Many non oil producing countries are buying oil on the cheap quietly. These oil are stored away for future used. At this rate oil wealth is being transferred from oil producing countries to non oil producing countries
shareflux ( Date: 09-Dec-2015 10:16) Posted:
there is a war in middle east with the russian and others bombing oil facilities, surprise why oil price still holding up? something not right... oil is a finite resource with the bombing, supply is getting damaged, with demand growing the world over and singapore own lil dot going for 6.5 mil popln, it is a matter of time when the pendulum will swing back to the other side.
furthermore, now is Dec and generally a lull period in share trading. look at the fundanmental and macro picture. evaluate. trade with care.
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Little ones, great insight. the rich nation will only get richer... at the expense of oil producing countries and the rest of the world.
As i have said earlier, Dec is a quiet month... a good time to quietly accumulate...
littleones ( Date: 09-Dec-2015 10:53) Posted:
Many non oil producing countries are buying oil on the cheap quietly. These oil are stored away for future used. At this rate oil wealth is being transferred from oil producing countries to non oil producing countries
shareflux ( Date: 09-Dec-2015 10:16) Posted:
there is a war in middle east with the russian and others bombing oil facilities, surprise why oil price still holding up? something not right... oil is a finite resource with the bombing, supply is getting damaged, with demand growing the world over and singapore own lil dot going for 6.5 mil popln, it is a matter of time when the pendulum will swing back to the other side.
furthermore, now is Dec and generally a lull period in share trading. look at the fundanmental and macro picture. evaluate. trade with care.
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Many non oil producing countries are buying oil on the cheap quietly. These oil are stored away for future used. At this rate oil wealth is being transferred from oil producing countries to non oil producing countries
shareflux ( Date: 09-Dec-2015 10:16) Posted:
there is a war in middle east with the russian and others bombing oil facilities, surprise why oil price still holding up? something not right... oil is a finite resource with the bombing, supply is getting damaged, with demand growing the world over and singapore own lil dot going for 6.5 mil popln, it is a matter of time when the pendulum will swing back to the other side.
furthermore, now is Dec and generally a lull period in share trading. look at the fundanmental and macro picture. evaluate. trade with care.
Qanghoo ( Date: 09-Dec-2015 06:09) Posted:
Yep, with oil not seemingly finding the floor n SMM mired in deep sh*t, $2 likely to beckon. On the other hand, with O& G so cheap, wldn' t their utility business improve in margins n mitigate SMM' s troubles?
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there is a war in middle east with the russian and others bombing oil facilities, surprise why oil price still holding up? something not right... oil is a finite resource with the bombing, supply is getting damaged, with demand growing the world over and singapore own lil dot going for 6.5 mil popln, it is a matter of time when the pendulum will swing back to the other side.
furthermore, now is Dec and generally a lull period in share trading. look at the fundanmental and macro picture. evaluate. trade with care.
Qanghoo ( Date: 09-Dec-2015 06:09) Posted:
Yep, with oil not seemingly finding the floor n SMM mired in deep sh*t, $2 likely to beckon. On the other hand, with O& G so cheap, wldn' t their utility business improve in margins n mitigate SMM' s troubles?
Goldfinger ( Date: 08-Dec-2015 21:33) Posted:
| Checked the charts and lows during the GFC could be about $2 - hence still has downside risks. And oil prices could have been higher then as well. |
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Yep, with oil not seemingly finding the floor n SMM mired in deep sh*t, $2 likely to beckon. On the other hand, with O& G so cheap, wldn' t their utility business improve in margins n mitigate SMM' s troubles?
Goldfinger ( Date: 08-Dec-2015 21:33) Posted:
Checked the charts and lows during the GFC could be about $2 - hence still has downside risks. And oil prices could have been higher then as well..
spore1 ( Date: 08-Dec-2015 21:05) Posted:
| Let it fall can collect at lower price Best $2.5 |
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