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SembCorp Marine- The new Frontier.

If it really goes to 60 cts i would have made 200k profit. I believe it would reach 60cts or even higher but may take longer than 9-12 mths . Maybe 2-3 years.

newbie19      ( Date: 29-Dec-2020 12:35) Posted: IF it's really come True in 9 mths and hit target of 60 cents. I would have made a whopping $88, 135. Pray hard.. better      ( Date: 29-Dec-2020 10:22) Posted: Just bought some at 14.4 cents. 9 months target- 45 to 60 cents. Trade Safe!

 

NAV is 33 cents, Rights price 20 cents, Temasek is key shareholder.. Downsides risks are reduced.. any price below 15 cents can load more and will be safe..

 

IF it's really come True in 9 mths and hit target of 60 cents. I would have made a whopping $88, 135. Pray hard..

better      ( Date: 29-Dec-2020 10:22) Posted: Just bought some at 14.4 cents. 9 months target- 45 to 60 cents. Trade Safe!

 

can reached 20 c in near term already good. if can reach 45-60 c is huat ah !  if can reach $1 is " sob, should have bought more when it was at 14.3" ... haha

better      ( Date: 29-Dec-2020 10:22) Posted: Just bought some at 14.4 cents. 9 months target- 45 to 60 cents. Trade Safe!

 

Yes. 100% return based on current price at least

 

Just bought some at 14.4 cents.

9 months target- 45 to 60 cents.

Trade Safe! 

 

DJ and oil cheong up!! Good 👍

 

precisely.  formation in progress.

cheers 

XiaoFeiXia      ( Date: 28-Dec-2020 17:31) Posted: SMM chart seems to be forming an INVERTED HEAD & SHOULDER pattern which is a good bullish pattern. If materialize as this pattern.....Target towards 18 cents :)

 

SMM chart seems to be forming an INVERTED HEAD & SHOULDER pattern which is a good bullish pattern. If materialize as this pattern.....Target towards 18 cents :)

 

10 days to D day.

Time running out for the PLAYER to hold price down.

 

Boom time for offshore oil and gas is here. Delayed by 1 year due to Covid. But arriving now, just in time, together with the offshore wind mega boom.

Rystad Energy,  an independent energy research firm,  expects offshore oil and gas investments to rebound spectacularly in 2021. Nearly half of all energy investment is going to into offshore new builds.

Key reason: Deepwater oil is the second-cheapest in the world, after onshore Middle Eastern oil, whose breakeven price is around $30 per barrel. The average breakeven price for deepwater oil is $43 a barrel.

This is good news because most of the untapped oil reserves in the world are located offshore, and despite pessimistic demand forecast, many believe the world will continue needing dozens of millions of barrels of oil in the decades to come. Many, if not most, of these dozens of millions of barrels will be coming from offshore fields.

Most of the cold stacked rigs have to be scrapped because they are built for shallow waters. We need many more sophisticated/ costly rigs for deepwater projects.

Boom time for offshore energy is NOW. Merger will double or triple the profit potential for SMM and Keppel O& M. Without merger, both will fly as well.

Translation: SMM share is going to be worth 5x to 10x a few years from now. 

 

The commander has instructed radio silence as our battalions close in to surround the enemy in stealth mode. Waiting for the enemy to run low on their water supply and ammo before making the final assault in a few weeks time. Now, sending in some commandos to distract the enemy with a ffight and run strategy while our main forces take up the most strategic positions for the final assault.

 

I believe Dyna mac used to eat the scraps from SMM and Keppel O& M' s tables during the good times.

But during the recent lean years when there is no scrap, they are eating themselves.

From their financials, they can go under anytime once Keppel makes it clear they are not offering anything.

Why would Keppel want to buy more yards when they are thinking of divesting their own O& M assets? 

Good possibility of Dyna mac going Hyflux...

 

Keppel already owns about 25% of Dyna mac through subsidiary KS investment.

Dyna mac is a very very very tiny player with shareholder equity of $30+million.

It is trading at 3x book value purely because some are expecting Keppel corp to save them with a buyout offer.

Comparatively, SMM with lower debt ratio is trading at 0.45x book value.

The most likely outcome is Keppel corp would let Dyna mac goes under and buy their assets from the lenders at a fraction of the cost if they want to.

I would not touch Dyna mac with a twelve foot pole.

ADS2200      ( Date: 24-Dec-2020 12:01) Posted: danger mentioned about keppel corp acquiring dyna-mac. i think more likely dynac-mac will raise fund to acquire keppel oil and gas instead. what are your thoughts about it ? will the unexpected happen after christmas or new year ????

 

guys, keppel corp has been divesting a lot. chances danger is right .....
kc has from its low of $4.08 went up and today closed at $5.43
joy to the world. merry christmas 

 

the last one week, the price of scm has been intention suppressed at this level. all is well.

 

 

danger mentioned about keppel corp acquiring dyna-mac. i think more likely dynac-mac will raise fund to acquire keppel oil and gas instead.
what are your thoughts about it ? will the unexpected happen after christmas or new year ????
 

 

heard sth like that but no news yet. just have to wait. at the right time, the news will come 😜
mins to market closed. 3.5 days of trading for 2020
enjoy christmas 

better      ( Date: 24-Dec-2020 10:58) Posted: Just collected some at 14 cents.    CEO Wong paid $3.8mil for right shares at 20 cents (30% discount Christmas sales now) because he knows SMM is worth at least 50 cents per share. If you cannot buy, waiting is always free. 14 days to D day. Til then, Temasek has instructed SMM to maintain radio silence....even  if they have already won a few major contracts. More manipulation, more opportunities. Trade safe!

 

Merry Christmas to all.
Hope for a healthy and wealthy New Year 2021.

 

Just collected some at 14 cents.   

CEO Wong paid $3.8mil for right shares at 20 cents (30% discount Christmas sales now) because he knows SMM is worth at least 50 cents per share.

If you cannot buy, waiting is always free. 14 days to D day.

Til then, Temasek has instructed SMM to maintain radio silence....even  if they have already won a few major contracts.

More manipulation, more opportunities. Trade safe!