Seatrium
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Sembmarine_Green is the new gold_a better future
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3281-3300 of 3459
SCM holding the fort strong despite most counters see red
SCM supporters cheer, SCM is a good defensive counter now as STI index continues to laosai 😜
better ( Date: 29-Nov-2021 21:38) Posted:
Nothing much happened today. As expected, trading between 8.3/ 8.4 cents. So, now we know that the 2million shares bought back recently by SCM is to pay the directors' fees.
The announcement of using S$100million from the 2021 rights proceed is a neutral to slightly positive news. The cash ouflow seems to be slightly lower than expected given that SCM is rushing to complete the 2 drillships and Energean the FPSO.
Cash flow analysis
Cash balance as at 30th June- $788mil
Proceed from rights issue- +$1.5billion
Pay off short term loan- $430mil
utilised for working capital- $100mil
Assuming no delivery til end of the year, another $50mil cash outflow in Dec
Projected Cash balance at 31 Dec 2021 = 788 + 1500 - 430 - 100 - 50 = $1.7 billion
Cheers to all SCM supporters. 
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So you are saying it is going to be 7.9/ 8 cents by this Friday? How confident are you that it is going to happen? 50%? 100%?chart_expert123 ( Date: 27-Nov-2021 09:06) Posted:
Oil price melt 10dollars till 70 due to new covid virus and Europe covid worsen.
Scm see 7.9 -8 or lower.
TP 4-5cents.
chart_expert123 ( Date: 26-Nov-2021 17:53) Posted:
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Better is the Best!
better ( Date: 29-Nov-2021 21:38) Posted:
Nothing much happened today. As expected, trading between 8.3/ 8.4 cents. So, now we know that the 2million shares bought back recently by SCM is to pay the directors' fees.
The announcement of using S$100million from the 2021 rights proceed is a neutral to slightly positive news. The cash ouflow seems to be slightly lower than expected given that SCM is rushing to complete the 2 drillships and Energean the FPSO.
Cash flow analysis
Cash balance as at 30th June- $788mil
Proceed from rights issue- +$1.5billion
Pay off short term loan- $430mil
utilised for working capital- $100mil
Assuming no delivery til end of the year, another $50mil cash outflow in Dec
Projected Cash balance at 31 Dec 2021 = 788 + 1500 - 430 - 100 - 50 = $1.7 billion
Cheers to all SCM supporters.
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U.S. Oil Rig Count Rises As Drilling Activity Picks Up
By Julianne Geiger - Nov 12, 2021, 12:20 PM CST
Drilling activity in the United States continues to pick up, according to Baker Hughes, with a 6-rig rise to the number of active drilling rigs this week, according to Baker Hughes.
The total rig count is now at 556?a figure that is 244 up from this time last year. Nevertheless, active rigs are still hundreds less than the 790 active rigs that were drilling in the pre-covid world.
THERE IS STILL PLENTY OF ROOM FOR GROWTH. THE RECOVERY IS ONLY AT ITS INFANCY.
Norway?s Oil Boom Is Only Just Beginning
By Felicity Bradstock - Nov 28, 2021, 10:00 AM CST
Norway?s revenues from oil and gas production hit a record high this year and are showing no signs of slowing down
While Norway is a major supporter of clean energies, it is also a firm believer that the energy transition can only be achieved by using the profits from oil and gas production
The future is bright for Norway?s energy giant Equinor, which will be able to take advantage of growing energy demand and play a leading role in the coming energy transition
Precisely, fundamental analysis required lots of hard work, but it helps in risk-making decision, CALCULATED RISK though. For a recovery play with the industry turning around, and a bomb-out counter, the downside is limited, but the upside can be exponential because market tends to overshoot on the downside as well as the UPSIDE. Wait for our belated Chinese New Year ang pow. The foreplay should manifest in 2 month's time. Meanwhile, have to ride through the market volatility, painful as it may be.
better ( Date: 29-Nov-2021 21:38) Posted:
Nothing much happened today. As expected, trading between 8.3/ 8.4 cents. So, now we know that the 2million shares bought back recently by SCM is to pay the directors' fees.
The announcement of using S$100million from the 2021 rights proceed is a neutral to slightly positive news. The cash ouflow seems to be slightly lower than expected given that SCM is rushing to complete the 2 drillships and Energean the FPSO.
Cash flow analysis
Cash balance as at 30th June- $788mil
Proceed from rights issue- +$1.5billion
Pay off short term loan- $430mil
utilised for working capital- $100mil
Assuming no delivery til end of the year, another $50mil cash outflow in Dec
Projected Cash balance at 31 Dec 2021 = 788 + 1500 - 430 - 100 - 50 = $1.7 billion
Cheers to all SCM supporters.
|
|
Nothing much happened today. As expected, trading between 8.3/ 8.4 cents. So, now we know that the 2million shares bought back recently by SCM is to pay the directors' fees.
The announcement of using S$100million from the 2021 rights proceed is a neutral to slightly positive news. The cash ouflow seems to be slightly lower than expected given that SCM is rushing to complete the 2 drillships and Energean the FPSO.
Cash flow analysis
Cash balance as at 30th June- $788mil
Proceed from rights issue- +$1.5billion
Pay off short term loan- $430mil
utilised for working capital- $100mil
Assuming no delivery til end of the year, another $50mil cash outflow in Dec
Projected Cash balance at 31 Dec 2021 = 788 + 1500 - 430 - 100 - 50 =
$1.7 billion
Cheers to all SCM supporters.
Haha ha lol 😆
stanleytay ( Date: 29-Nov-2021 19:59) Posted:
| Ckmpd venting his anger in the other chat..rem he recommend buy KC,Singtel and other blue chips.. if u listen to him, now all in the red. Lol |
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Ckmpd venting his anger in the other chat..rem he recommend buy KC,Singtel and other blue chips.. if u listen to him, now all in the red. Lol
Collect advance Ang Pow and money from us, very fast and efficient. But always forget to deliver leh. No news is good news. So used to bad news that the new Covid doesn't bother us anymore.
ahbui8 ( Date: 29-Nov-2021 17:35) Posted:
| SCM 2 announcements today, again not winning contract announcement, but announce on spend money and rewards the incompetent management with free shares 😂 . |
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SCM 2 announcements today, again not winning contract announcement, but announce on spend money and rewards the incompetent management with free shares 😂 .
So you are saying it is going to be 7.9/ 8 cents by this Friday? How confident are you that it is going to happen?
chart_expert123 ( Date: 26-Nov-2021 17:53) Posted:
Next week see 7.9-8.
better ( Date: 26-Nov-2021 17:22) Posted:
My 8.4cents buy order for 400k shares was filled today. 
Order Detail
Transaction ID
20211125000000376
Stock Name
SEMBCORP MARINE
Special Instructions
None
Order Date and Time
25/11/2021 12:40:25 AM
Filled Details
| Filled Quantity |
@ Price |
Date (Market Time) |
Counter Party |
| 94100 |
SGD 0.08400 |
26/11/2021 |
LIM AND TAN |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 300 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 200 |
SGD 0.08400 |
26/11/2021 |
07B |
| 1600 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 1300 |
SGD 0.08400 |
26/11/2021 |
07B |
| 1300 |
SGD 0.08400 |
26/11/2021 |
J.P. MORGAN |
| 200 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 7800 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 15000 |
SGD 0.08400 |
26/11/2021 |
PHILLIP |
| 500 |
SGD 0.08400 |
26/11/2021 |
J.P. MORGAN |
| 1800 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 2200 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 150000 |
SGD 0.08400 |
26/11/2021 |
CIMB |
| 2400 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 600 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 100000 |
SGD 0.08400 |
26/11/2021 |
UOB KAY HIAN |
| 1600 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 2400 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 1600 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 14300 |
SGD 0.08400 |
26/11/2021 |
UOB KAY HIAN |
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After wiping out all the stop losses, crude is making a 4% rebound.
I am holding a lot of SCM shares but fewer than my SCM idol, Better.
Despite the retraction in oil price, I am still holding because the intrinsic value is more than 0.124
I am in here for TH and the value I foresee from SCM/KOM deal.
Mr Chart, I think you can write value stuff, offering the other perspective while Better writes his insider and industry knowledge. This is good for this thread from both of you.
I enjoy reading such stuff.
Good job.
Have a nice weekend.
Honestly, this is the best post by you.
I thank you for taking the effort to write.
Yes what you have written cannot be more true.
The fact is O&M in particular, is the heart beat of an island Nation, called Singapore, our beloved motherland.
If this is an industry that all of us can let you, this is gg for Singapore and it?s economy and TH will not bother to salvage.
SMRT, SBS, Singtel, SPH, SIA, SCM/KOM even Olam.
The arteries and veins of Singapore economy anatomy.
Think hard what I meant.
That said, you have written sense here albeit finally you have done so.
Thanks chart.
chart_expert123 ( Date: 27-Nov-2021 13:11) Posted:
We, singapore always has to be reacted fast enough for adapt the changes of global market. Some industries and business era once past will not be back. Like plastic industry tool die mould, moving out from singapore and disappeared in singapore, only those doing precision plastic injection moulding such as Hi-P for high tier semicon industry doing well. This is same as offshore & marine construction industry. 15 years ago, keppel o&m and scm did the service and maintenance jobs for offshore rigs and support vessels upgrading and conversion in the regions for decades which accumulated vast of experiences, knowledge, technology, and supply chain which only belong to North Sea in Europe and gulf of Mexico in North america to make singapore caught the unexpected rise of offshore exploration from 2006 to 2015. Singapore made use own advantages to grow the business rapidly, at the same time, joint venture with China and Vietnam to set up yards in the country to form a global chain to support the rigs integration in singapore by building the steel structures and materials in china and Vietnam and move to Singapore. Almost 90% of steel structures of rigs were previously did this ways. 15 years later, today Vietnam and China, especially china already owned the capability of integration, Korean shipyards perform strong continually. In fact, singapore 2 big players shall react fast for the rapid change in the industry. Unfortunately, the merge plan come very slow and resulted billions of losses to temasek holdings. In fact the losses is ing. Keppel o&m recorded 6bil order book to date but SCM recorded 1.4bil order book only. Which one to cease which one to keep is very obvious. As per current environment, temasek shall just keep 1 and looking for niche market to secure the profitable projects such as projects from Australia, UK USA who had bad relationships with China which must build else where, instead of compete internally to slash the margin. Anyway, no merge deal, SCM will not last more than 2 years, eventually the industry still consolidated
chart_expert123 ( Date: 27-Nov-2021 12:47) Posted:
| Gas price up when oil is down. Winter time, gas consumption is compulsory and price is record high. Oil demand in fact no really growing just take along with energy price rally.
Petrol price is killer to Biden since trump challenge him petrol price now with his 4 years. Biden do all best to push Oil price down even speculating new covid variants to push Oil price down.
Oil is for transportation. Gas and coal is for electricity generation. So what global markets really worry in fact is coal and gas supply, especially electric car is the one to move Oil consumption to gas and coal electricity generation in China and Europe. Only US still living 20-30 decades ago heavily rely on oil for transportation |
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We, singapore always has to be reacted fast enough for adapt the changes of global market. Some industries and business era once past will not be back. Like plastic industry tool die mould, moving out from singapore and disappeared in singapore, only those doing precision plastic injection moulding such as Hi-P for high tier semicon industry doing well. This is same as offshore & marine construction industry. 15 years ago, keppel o&m and scm did the service and maintenance jobs for offshore rigs and support vessels upgrading and conversion in the regions for decades which accumulated vast of experiences, knowledge, technology, and supply chain which only belong to North Sea in Europe and gulf of Mexico in North america to make singapore caught the unexpected rise of offshore exploration from 2006 to 2015. Singapore made use own advantages to grow the business rapidly, at the same time, joint venture with China and Vietnam to set up yards in the country to form a global chain to support the rigs integration in singapore by building the steel structures and materials in china and Vietnam and move to Singapore. Almost 90% of steel structures of rigs were previously did this ways. 15 years later, today Vietnam and China, especially china already owned the capability of integration, Korean shipyards perform strong continually. In fact, singapore 2 big players shall react fast for the rapid change in the industry. Unfortunately, the merge plan come very slow and resulted billions of losses to temasek holdings. In fact the losses is ing. Keppel o&m recorded 6bil order book to date but SCM recorded 1.4bil order book only. Which one to cease which one to keep is very obvious. As per current environment, temasek shall just keep 1 and looking for niche market to secure the profitable projects such as projects from Australia, UK USA who had bad relationships with China which must build else where, instead of compete internally to slash the margin. Anyway, no merge deal, SCM will not last more than 2 years, eventually the industry still consolidated
chart_expert123 ( Date: 27-Nov-2021 12:47) Posted:
Gas price up when oil is down. Winter time, gas consumption is compulsory and price is record high. Oil demand in fact no really growing just take along with energy price rally.
Petrol price is killer to Biden since trump challenge him petrol price now with his 4 years. Biden do all best to push Oil price down even speculating new covid variants to push Oil price down.
Oil is for transportation. Gas and coal is for electricity generation. So what global markets really worry in fact is coal and gas supply, especially electric car is the one to move Oil consumption to gas and coal electricity generation in China and Europe. Only US still living 20-30 decades ago heavily rely on oil for transportation.
chart_expert123 ( Date: 27-Nov-2021 09:06) Posted:
| Oil price melt 10dollars till 70 due to new covid virus and Europe covid worsen.
Scm see 7.9 -8 or lower.
TP 4-5cents.
|
|
|
|
Gas price up when oil is down. Winter time, gas consumption is compulsory and price is record high. Oil demand in fact no really growing just take along with energy price rally.
Petrol price is killer to Biden since trump challenge him petrol price now with his 4 years. Biden do all best to push Oil price down even speculating new covid variants to push Oil price down.
Oil is for transportation. Gas and coal is for electricity generation. So what global markets really worry in fact is coal and gas supply, especially electric car is the one to move Oil consumption to gas and coal electricity generation in China and Europe. Only US still living 20-30 decades ago heavily rely on oil for transportation.
chart_expert123 ( Date: 27-Nov-2021 09:06) Posted:
Oil price melt 10dollars till 70 due to new covid virus and Europe covid worsen.
Scm see 7.9 -8 or lower.
TP 4-5cents.
chart_expert123 ( Date: 26-Nov-2021 17:53) Posted:
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The fall is mainly due to US and China tapping into their oil reserves to increase the supply of oil. How much can they tap? A temporary phenomenon that is short-lived. Subsequently, oil prices will likely to move up again. It's tapering that is worrying, the artificially prop-up DOWN Jones will correct. Hopefully, that will translate into big bargains for other stocks. But SCM is already nuclear-bomb out. Unlikely to reach 7.9 cents. Even if it does, it's just an aberration and will march up again.
chart_expert123 ( Date: 27-Nov-2021 09:06) Posted:
Oil price melt 10dollars till 70 due to new covid virus and Europe covid worsen.
Scm see 7.9 -8 or lower.
TP 4-5cents.
chart_expert123 ( Date: 26-Nov-2021 17:53) Posted:
|
|
|
Oil price melt 10dollars till 70 due to new covid virus and Europe covid worsen.
Scm see 7.9 -8 or lower.
TP 4-5cents.
chart_expert123 ( Date: 26-Nov-2021 17:53) Posted:
Next week see 7.9-8.
better ( Date: 26-Nov-2021 17:22) Posted:
My 8.4cents buy order for 400k shares was filled today.
Order Detail
Transaction ID
20211125000000376
Stock Name
SEMBCORP MARINE
Special Instructions
None
Order Date and Time
25/11/2021 12:40:25 AM
Filled Details
| Filled Quantity |
@ Price |
Date (Market Time) |
Counter Party |
| 94100 |
SGD 0.08400 |
26/11/2021 |
LIM AND TAN |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 300 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 200 |
SGD 0.08400 |
26/11/2021 |
07B |
| 1600 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 1300 |
SGD 0.08400 |
26/11/2021 |
07B |
| 1300 |
SGD 0.08400 |
26/11/2021 |
J.P. MORGAN |
| 200 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 7800 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 15000 |
SGD 0.08400 |
26/11/2021 |
PHILLIP |
| 500 |
SGD 0.08400 |
26/11/2021 |
J.P. MORGAN |
| 1800 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 2200 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 150000 |
SGD 0.08400 |
26/11/2021 |
CIMB |
| 2400 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 600 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 100000 |
SGD 0.08400 |
26/11/2021 |
UOB KAY HIAN |
| 1600 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 2400 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 1600 |
SGD 0.08400 |
26/11/2021 |
UBS |
| 100 |
SGD 0.08400 |
26/11/2021 |
BAML - MERRILL LYNCH |
| 14300 |
SGD 0.08400 |
26/11/2021 |
UOB KAY HIAN |
|
|
|
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