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SEMBMARINE - A NEW CHAPTER - DEMERGED

Hopefully yr target can reach, 13.5cts is it?
 

Chagataii      ( Date: 04-Apr-2022 09:23) Posted: Lai come . 10.9 first

 

Lai come . 10.9 first

 

Then maybe his connexion give him false infor and he pass it to this forum.
But, he seemed very knowledgeable and most of the forummer praising him in the other forum, some even ' worship' him leh.
 

weekaykee      ( Date: 04-Apr-2022 08:50) Posted: If BETTER was a big shot having connections, he would not have bought most of his holdings around 16 - 20 cts. He would have waited till 8 cts. TigerPlay      ( Date: 04-Apr-2022 08:19) Posted: Of course we are not demanding for infor, but if you know it would help, of course the final decision to punt is still with us and there should be no blaming if the infor is unfound and if we choose to believe lor. I ask is because the BETTER one seem to know alot about SCM, most likely a BIG shot there or got connexion with them lor, tks.

 

If BETTER was a big shot having connections, he would not have bought most of his holdings around 16 - 20 cts. He would have waited till 8 cts.

TigerPlay      ( Date: 04-Apr-2022 08:19) Posted: Of course we are not demanding for infor, but if you know it would help, of course the final decision to punt is still with us and there should be no blaming if the infor is unfound and if we choose to believe lor. I ask is because the BETTER one seem to know alot about SCM, most likely a BIG shot there or got connexion with them lor, tks.

 

Of course we are not demanding for infor, but if you know it would help, of course the final decision to punt is still with us and there should be no blaming if the infor is unfound and if we choose to believe lor.
I ask is because the BETTER one seem to know alot about SCM, most likely a BIG shot there or got connexion with them lor, tks.

 

Anyone know why the merger delayed? Are they coming out with new merger agreement or changes to the old agreement. Maybe the BETTER one and those genius kind can advise, this news is what we need to see if we can punt this stock.

 

Better and PHI are genius. With them, our brain can always be Brand New. Cheers

PHInsider63      ( Date: 01-Apr-2022 15:53) Posted: I re posted in the other thread. PHInsider63      ( Date: 01-Apr-2022 15:50) Posted: Sorry net book value of SM is $4.67b right? (Assuming all provision costs reversed)

 

I re posted in the other thread.

PHInsider63      ( Date: 01-Apr-2022 15:50) Posted: Sorry net book value of SM is $4.67b right? (Assuming all provision costs reversed) PHInsider63      ( Date: 01-Apr-2022 15:48) Posted: The Common Entity will be an unprecedented scale and significance. Both KC and SM will benefit from it. Total contracts expect to exceed S$10b. Will become a mega yard of world class standard rivaling the leaders and potentially becoming World leaders and beaters. A truce to supporter of SM and KC. The next issue is the ratio of combination. I expect 50-50. I need better to comment on this. Bro better What is the net book value of KOM (after removing the gangrenous rigs)? Book value of SM is about $467m right?

 

Sorry net book value of SM is $4.67b right? (Assuming all provision costs reversed)

PHInsider63      ( Date: 01-Apr-2022 15:48) Posted: The Common Entity will be an unprecedented scale and significance. Both KC and SM will benefit from it. Total contracts expect to exceed S$10b. Will become a mega yard of world class standard rivaling the leaders and potentially becoming World leaders and beaters. A truce to supporter of SM and KC. The next issue is the ratio of combination. I expect 50-50. I need better to comment on this. Bro better What is the net book value of KOM (after removing the gangrenous rigs)? Book value of SM is about $467m right?

 

The Common Entity will be an unprecedented scale and significance.

Both KC and SM will benefit from it.
Total contracts expect to exceed S$10b.
Will become a mega yard of world class standard rivaling the leaders and potentially becoming World leaders and beaters.

A truce to supporter of SM and KC.

The next issue is the ratio of combination. I expect 50-50.

I need better to comment on this. Bro better
What is the net book value of KOM (after removing the gangrenous rigs)?
Book value of SM is about $467m right?

 

My discernment will be $500m will be paid from CE or Newco. Both entities cash will be combined and used to pay KC for the Gem Yard of KOM.

ckmpd1      ( Date: 01-Apr-2022 15:16) Posted: not sure abt others.  but i am certainly not worried.  Read yesterday' s news release carefully.  The release said many things if u care to discern PHInsider63      ( Date: 01-Apr-2022 15:05) Posted: Actual delay: KOM finally found a buyer for the junk Rigs by Asset Co. Nothing mention of $500m now. Would KC shh be worried?

 

not sure abt others.  but i am certainly not worried. 

Read yesterday' s news release carefully.  The release said many things if u care to discern

PHInsider63      ( Date: 01-Apr-2022 15:05) Posted: Actual delay: KOM finally found a buyer for the junk Rigs by Asset Co. Nothing mention of $500m now. Would KC shh be worried? ckmpd1      ( Date: 01-Apr-2022 14:49) Posted: well said.  That is the reason why deadline was changed from 31 Dec 2021 to 31 Mar 2022 and changed a 2nd time to end Apr.  Doesnt confirm the weakness of SCM and New co

 

This Newco is gonna be a GOOD head start and clean slate with the good riddance of the junk rig to external asset co.

The common entity aka Newco will be v gd.
Both kc and sm shh will be very good as well.

PHInsider63      ( Date: 01-Apr-2022 15:05) Posted: Actual delay: KOM finally found a buyer for the junk Rigs by Asset Co. Nothing mention of $500m now. Would KC shh be worried? ckmpd1      ( Date: 01-Apr-2022 14:49) Posted: well said.  That is the reason why deadline was changed from 31 Dec 2021 to 31 Mar 2022 and changed a 2nd time to end Apr.  Doesnt confirm the weakness of SCM and New co

 

Actual delay: KOM finally found a buyer for the junk Rigs by Asset Co.

Nothing mention of $500m now. Would KC shh be worried?

ckmpd1      ( Date: 01-Apr-2022 14:49) Posted: well said.  That is the reason why deadline was changed from 31 Dec 2021 to 31 Mar 2022 and changed a 2nd time to end Apr.  Doesnt confirm the weakness of SCM and New co? weekaykee      ( Date: 01-Apr-2022 09:28) Posted: Because it is becoming crystal clear that the merged entity is going to be very weak. The merger may not be enough for its long term survival.

 

To some dropping to 9.6c is a buying opportunity,  Good luck to them.  As for me, i rather buy KC

Trader1987      ( Date: 01-Apr-2022 09:36) Posted: Every drop has been attractive since $5.00 before Rights Issuance

 

well said.  That is the reason why deadline was changed from 31 Dec 2021 to 31 Mar 2022 and changed a 2nd time to end Apr.  Doesnt confirm the weakness of SCM and New co?

weekaykee      ( Date: 01-Apr-2022 09:28) Posted: Because it is becoming crystal clear that the merged entity is going to be very weak. The merger may not be enough for its long term survival.  TigerPlay      ( Date: 01-Apr-2022 09:10) Posted: I read this morning that the merger will be confirmed most likely by this month, end April. But why SCM is dropping to 9.5cts, shouldn' t it cheong to 12.4cts like what the group of supporter dictated? funny leh Which mean those bought at 9.9cts and I think if not wrong Better bought 500K of it, not sure is 500K share or $500K in valu

 

Agree

TigerPlay      ( Date: 01-Apr-2022 11:22) Posted: In my opinion,merger is the only lifeline for SCM. The current run up should be due to this, without merger this fella will die, unless TH come out with something to save SCM.   mrwise      ( Date: 01-Apr-2022 10:34) Posted: merger may not be a good deal to SM. depend how is the deal..

 

in 2020, when news of possible SCI and SCM demerger surfaced, some forumers recommended others to sell SCI and buy SCM.  Some were influenced and truly sold SCI to buy SCM. The rest is history.

In 2022, these same forumners are recommending that we sell KC to buy SCM  Follow their advice at your own risk

 

Ok.

TigerPlay      ( Date: 01-Apr-2022 13:34) Posted: There is no dispute that KOM is the more superior one in term of size, financial status, amount of contract they secured. This is a fact everybody know, dun blame the SCM die-heart supporter, they got their own belief. Looking at what happen to SCI and SCM when they break off. SCI is the one to buy not SCM, but yet during that time, 1 Better die-heart still insist that SCM is the better buy, sell SCI to buy SCM that is his motto and encouragement to others. Listen with a pint of salt, make your own choice. In my opinion, if merger do happen, KC is the one to buy, not SCM, this is just my tot.  chart_expert123      ( Date: 01-Apr-2022 12:53) Posted: https://www.channelnewsasia.com/business/keppels-om-unit-and-sembcorp-marine-eye-definitive-deal-merger-april-end-2599581 Keppel' s offshore and marine (O& M) arm and  smaller  rival Sembcorp Marine are working towards having an agreement over their business unification in place by the end of April, the companies said on Thursday smaller leh, mean no a 50-50%. Bear in mind, Keppel Corp shareholders will be offered with new free shares of SCM for the merge deal. So, it will add up another 31 Bil more shares to dilute existing SCM Shareholders holding further. will it be 60-40 or 70-30%? who get free shares will sell.

 

In this world nothing free, when you get free share, you expect being given a bigger pie? 😂 KOM demerge fm Keppel, the real and main beneficiary is the Keppel without KOM. KOM is a junk without Keppel, just like SM without SCI. SCI is an very clear example. 

chart_expert123      ( Date: 01-Apr-2022 12:53) Posted: https://www.channelnewsasia.com/business/keppels-om-unit-and-sembcorp-marine-eye-definitive-deal-merger-april-end-2599581 Keppel' s offshore and marine (O& M) arm and  smaller  rival Sembcorp Marine are working towards having an agreement over their business unification in place by the end of April, the companies said on Thursday smaller leh, mean no a 50-50%. Bear in mind, Keppel Corp shareholders will be offered with new free shares of SCM for the merge deal. So, it will add up another 31 Bil more shares to dilute existing SCM Shareholders holding further. will it be 60-40 or 70-30%? who get free shares will sell.