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3041-3060 of 3459
sub 8 coming?
I bought at 0.082 too. Buy time is 15:24 when they dump 17 million shares at one go.
Two counter party sell
- ABN AMRO
- goldman sachs
Two counter party sell
- ABN AMRO
- goldman sachs
better ( Date: 22-Dec-2021 11:54) Posted:
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I read the news too. It is dated within 24hours.
Sevan SSP AS is a fully-owned subsidiary of Sembcorp Marine Ltd
Sevan SSP AS is a fully-owned subsidiary of Sembcorp Marine Ltd
pkli899 ( Date: 22-Dec-2021 17:59) Posted:
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Just read one article from Energy Voice.
" Equinor opts for Sevan FPSO concept for Wisting."
Not sure is old news or not?
Sevan is under SM?
" Equinor opts for Sevan FPSO concept for Wisting."
Not sure is old news or not?
Sevan is under SM?
When a company is loss making, it will destroy market confident and below side effect will occurs
1) Cheapo customer to look for huge discount since the company require cash flow. SCM force to accept this kind of order and think they can play magic to cut cost everywhere, eventually find out nothing can be cut and make more loss
2) Valued customer will think SCM become very hungry to cut cost, eventually may cut the quality of work and material, valued customer will stay away and not choose SCM.
3) Valued customer woll think SCM facing cash flow problem, the progressive payment they pay may go to cover other projects, eventually running out of money for their project and cause their project delay, valued customer will not choose SCM.
above already happen, point 1 - SCM made 1.2-1.3bil loss. Point 2 and 3 - SCM secured 1.2-1.4bil contract as compared to Keppel O& M.
If Keppel Corp decided not to discharge Keppel O& M to share the order book with SCM and their brand name with SCM, SCM will be gone. Keppel O& M can just take over assets from JM. this may be one of the out come.
Let' s wait and see.
1) Cheapo customer to look for huge discount since the company require cash flow. SCM force to accept this kind of order and think they can play magic to cut cost everywhere, eventually find out nothing can be cut and make more loss
2) Valued customer will think SCM become very hungry to cut cost, eventually may cut the quality of work and material, valued customer will stay away and not choose SCM.
3) Valued customer woll think SCM facing cash flow problem, the progressive payment they pay may go to cover other projects, eventually running out of money for their project and cause their project delay, valued customer will not choose SCM.
above already happen, point 1 - SCM made 1.2-1.3bil loss. Point 2 and 3 - SCM secured 1.2-1.4bil contract as compared to Keppel O& M.
If Keppel Corp decided not to discharge Keppel O& M to share the order book with SCM and their brand name with SCM, SCM will be gone. Keppel O& M can just take over assets from JM. this may be one of the out come.
Let' s wait and see.
chart_expert123 ( Date: 22-Dec-2021 17:45) Posted:
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unless SCM suddenly turn profit to generate net positive cash flow, even SCM reduce loss, it is still loss making, it will just drag 1-2 year longer only.
Once 970mio is fully burnt, it will be another rights or 0 value. next rights may have to raise at 2.5-3cents.
1.2Bil order book for so many shipyards across, singapore, indonesia, brazil and etc, no enough order to feed, no enough to generate positive cash flow, cash burnt continually.
Once 970mio is fully burnt, it will be another rights or 0 value. next rights may have to raise at 2.5-3cents.
1.2Bil order book for so many shipyards across, singapore, indonesia, brazil and etc, no enough order to feed, no enough to generate positive cash flow, cash burnt continually.
chart_expert123 ( Date: 22-Dec-2021 16:58) Posted:
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Bro, don't overexposed yourself. Cannot count on TH to help minority shareholders if anything goes wrong with SM, rather it is the opposite. I began to have reservations on trust and loyalty in Singapore. Like I just found out, Blackrock is the one that is paring its stakes from 0.7% to 0.5% over the last 3 months. TH is the 5th major shareholder in Blackrock. Be prudent, don't bet with your life
better ( Date: 22-Dec-2021 11:54) Posted:
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Market cap of 2.7-2.8bil at 8cents after rights. , it is a top up of right in cash of 1.5bil on 1.3bil market cap to become 2.8bil market cap at 8-9cents.
So long as SCM burning cash continually, the market cap will be discounted as well.
Since only left 970mio and 530mio is gone till Nov 2021. Market cap 2.8bil - 530mio, 2.27bil, share price shall be7cents soon.
The longer it go, lower it will go till 970mio all gone, another rights will come or 0 value.
So long as SCM burning cash continually, the market cap will be discounted as well.
Since only left 970mio and 530mio is gone till Nov 2021. Market cap 2.8bil - 530mio, 2.27bil, share price shall be7cents soon.
The longer it go, lower it will go till 970mio all gone, another rights will come or 0 value.
weekaykee ( Date: 22-Dec-2021 15:58) Posted:
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Slowly declining. Market is beginning to realise that another RI is around the corner.
chart_expert123 ( Date: 22-Dec-2021 15:52) Posted:
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Just be patient. You will be able to collect as much as you want all the way till 1ct and only need to stop when its gets delisted.
better ( Date: 22-Dec-2021 11:54) Posted:
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8.1-8.2.
Break 8, all the way to 4-5cents.
Repeat again, 4-5 cents, market capitalization is 1.3-1.5Bil. after 2020 right, market cap was drop till 1.3-1.5bil. now is after 2021 right, 4-5cents is coming!!!
Break 8, all the way to 4-5cents.
Repeat again, 4-5 cents, market capitalization is 1.3-1.5Bil. after 2020 right, market cap was drop till 1.3-1.5bil. now is after 2021 right, 4-5cents is coming!!!
chart_expert123 ( Date: 21-Dec-2021 10:02) Posted:
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Rubbish counter 😑
Just collected a bunch at 8.2 cents....queuing since Sunday evening.
Order Detail
Action
Buy
Transaction ID
20211220000007002
Symbol
S51
Stock Name
SEMBCORP MARINE
Filled Price
SGD 0.08200
Status
Filled
Special Instructions
None
Order Date and Time
20/12/2021 12:26:51 PM
Order Type
Limit Order
Good Till
18/01/2022
Quantity
500000
Filled Quantity
500000
Outstanding Quantity
0
Filled Details
| Filled Quantity | @ Price | Date (Market Time) | Counter Party |
|---|---|---|---|
| 1900 | SGD 0.08200 | 22/12/2021 | UBS |
| 100 | SGD 0.08200 | 22/12/2021 | ABN AMRO |
| 20000 | SGD 0.08200 | 22/12/2021 | OCBC |
| 478000 | SGD 0.08200 | 22/12/2021 | PHILLIP |
Blackrock sold it stakes from 0.71% to 0.57%. However, Dimensional Funds raised its stake from 0.46% to 0.82%. Over the last 3 months, one funds sold 2b shares, I think Blackrock, but 2 big funds and 2 individuals bought 9.2b shares. I couldn't figure out why the share price is falling, although negligibly. I think it's done through married deals.
However, the terms of exchange for the merger is still important, i.e. how many bananas (curve ones) for one abaloneeee
dcproperty ( Date: 21-Dec-2021 19:00) Posted:
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Yup, those dreamers kept harping on untruth. Even if SMM needs to pay $500m for $5.5b contract value, no good meh? And these contracts (From KOM) plus SMM' s existing contracts generating zero cash flow for months and years to come meh? Not to forget that SMM does have income from repair works too
Come to investment, some go for a new start-up with little or no revenue. Other go for valued investment. And some like to collect dividends...etc
Each and everyone is having their own preferred investment. It is like some go for hokkien mee, some take char kway teow and the other eat chicken rice.
No one can force any individual should you dislike hokkien mee, char kway teow, or chicken rice. Need not downplay those taking these foods either
MANFREDTMK ( Date: 21-Dec-2021 18:09) Posted:
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Precisely, I can't follow what they are talking about when they keep mentioning about the cost of paying $500m for the merger which leads to an impending Rights issue thereafter due to depletion of the cash balance. When they are merged, it become a Combined Entity which simply means the money pass from right hand to the left hand ultimately. The money remains and the need for a Rights issue has no relevance. Similar to the case when the couple finally got married happily and share everything together. But live miserably thereafter 😊 😊 😊
dcproperty ( Date: 21-Dec-2021 17:48) Posted:
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Yes for sharing. Apart from that, a few projects are delivering soon. More cash inflow is coming to the balance sheet.
Furthermore, should SMM take over KOM, $5.5b contract value is being credited to SMM' s account. Potential billion dollars are being realized into SMM' s account in time to come.
# Let those dreamers continue to dream for another round of RI
better ( Date: 21-Dec-2021 14:55) Posted:
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Scammer as usual.
better ( Date: 21-Dec-2021 15:26) Posted:
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Hahaha, thanks for the article link to disproof what you said.
SCM spent $100 million over 2+months from rights issue. Likely the cash receipts from delivery of Hornsea 2 platforms and Tyra topsides and repair/ upgrade work is more than enough to cover that.
$430 million is used to repay a loan. Repaying loan is not an expenditure and reduces future financing cost.
Go figure.
SCM spent $100 million over 2+months from rights issue. Likely the cash receipts from delivery of Hornsea 2 platforms and Tyra topsides and repair/ upgrade work is more than enough to cover that.
$430 million is used to repay a loan. Repaying loan is not an expenditure and reduces future financing cost.
Go figure.
chart_expert123 ( Date: 21-Dec-2021 15:07) Posted:
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