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Sembmarine_Green is the new gold_a better future
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well said, move it over to creative, profit will be much enormous even at .2.80 for creative as it would definitely shoot past 6/- with GY on board as he was a Minister of trade for several years and well connected with top 500 fortune companies
scm demise can only be averted with more visible contracts and consolidation with KOM or other overseas oil and gas buyers
TigerPlay ( Date: 25-Nov-2021 15:55) Posted:
Actually no one is right or wrong here. If you believe in SCM and I saw in POEMS, the analyst has got a target price of 8.9cts for it, which is a premium over the current price of 8.5cts, then go ahead and buy it or keep yr share dun sell.
But if you no longer have confident in this counter and think your money can be better invest in another counter, then sell it and use the money otherwise, there is no need to talk bad about the counter too, as many here are strong believer and supporter in this counter and it may start a WAR here. That is my take. I just sold all my holding and reinvested in another counter, having kept SCM for over few months and see ni improvement so far, but yes it may start to move after I sold.
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Thank you for your sacrifice. All the best for your other counter.
TigerPlay ( Date: 25-Nov-2021 15:55) Posted:
Actually no one is right or wrong here. If you believe in SCM and I saw in POEMS, the analyst has got a target price of 8.9cts for it, which is a premium over the current price of 8.5cts, then go ahead and buy it or keep yr share dun sell.
But if you no longer have confident in this counter and think your money can be better invest in another counter, then sell it and use the money otherwise, there is no need to talk bad about the counter too, as many here are strong believer and supporter in this counter and it may start a WAR here. That is my take. I just sold all my holding and reinvested in another counter, having kept SCM for over few months and see ni improvement so far, but yes it may start to move after I sold.
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Actually no one is right or wrong here. If you believe in SCM and I saw in POEMS, the analyst has got a target price of 8.9cts for it, which is a premium over the current price of 8.5cts, then go ahead and buy it or keep yr share dun sell.
But if you no longer have confident in this counter and think your money can be better invest in another counter, then sell it and use the money otherwise, there is no need to talk bad about the counter too, as many here are strong believer and supporter in this counter and it may start a WAR here. That is my take. I just sold all my holding and reinvested in another counter, having kept SCM for over few months and see ni improvement so far, but yes it may start to move after I sold.
All the initiatives like 3D printing of spare parts and bubble tech (below) are helping SCM bring in about S$600mil in R& U (repair and upgrade) revenue in 2021. With elevated shipping rates and comeback of the cruise industry, 2022 R& U revenue (including LNG conversion projects) might be closer to $1billion.
Bubble Tech Helps Methane Carrier Save 6.6% net on Fuel, Emissions
MarineLink April 16, 2021
The Methane Patricia Camila. Image courtesy Silverstream Technologies/Shell
Retrofit of air lubrication technology achieves verified performance of 6.6% net savings during initial testing.
Silverstream Technologies' air lubrication system, the Silverstream System, has reportedly delivered 6.6% fuel and emissions savings during testing on the Shell-chartered 170,000 cbm LNG carrier Methane Patricia Camila.
The Silverstream System is designed to enable fuel and emissions efficiencies by producing a thin layer of microbubbles along the full flat bottom of the vessel, reducing frictional resistance between the water and the hull. The System was successfully retrofitted on the 2010-built LNGC during its October 2020 planned dry docking at the Sembcorp Marine Admiralty Shipyard in Singapore.
The project was installed within the planned dry docking period, and was delivered on budget. From design through to installation the System was reviewed and approved by ABS in accordance with their guidance note for Air Lubrication Technology.
MR BUBBLE: The Silverstream System is designed to enable fuel and emissions efficiencies by producing a thin layer of microbubbles along the full flat bottom of the vessel, reducing frictional resistance between the water and the hull. Image courtesy Silverstream Technologies/Shell
Actually SCM is already considered bankrupt after the 2nd RI, the initial SCM value before the 1st RI already become zero. This is the new SCM with TH owing more than 50% and with net debt ratio at only 0.4, so fast will bankrupt again or even drop below trading at 0.5 time PB? So don' t waste time reply the expert, it' s will only make him talk more rubbish 😂
ttbanthony ( Date: 25-Nov-2021 15:08) Posted:
SCM=Bankrupt?
Which means you are insinuating TH bankrupt?
Can you confirm?
This is a case of libel / defamatory remarks.
Please confirm for my next action.
chart_expert123 ( Date: 25-Nov-2021 15:02) Posted:
" to camp at 8.4"
typical scammer language.
Sembmar share price slowly lose the supporting average line which formed from last pump up from 7.8 to 9.
The week resistance at 9 is never broken, in fact price traded much lower value, recent high is 8.5-8.6.
Anyway, buy with your own risk. I am still holding my small short position on this and wait to cover at lower price.
4-5cents is a target, without merge plan with KOM which may come 1Q 2022, i have no doubt to achieve this price level.
Anyway, the only way for stock price to go up is with potential growth in revenue and profit. profit stagnant, price stagnant. profit down, price down.
LOSS MAKING? waiting for bankruptcy only.
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company with profit, either expand the company for more profit or distribute profit through dividend to share holders. share price grow
company with loss, either shut down the non-profit division to to reduce loss or distribute loss through right issue. share price down.
Even a loss making company reduce loss, it is still loss making and have to distribute loss through right issue, or else will be winding down and close shop.
what really funny is scammer claim 4-5cents is not possible. we are talking about a loss making of billion dollar company in 1year.
chart_expert123 ( Date: 25-Nov-2021 15:02) Posted:
" to camp at 8.4"
typical scammer language.
Sembmar share price slowly lose the supporting average line which formed from last pump up from 7.8 to 9.
The week resistance at 9 is never broken, in fact price traded much lower value, recent high is 8.5-8.6.
Anyway, buy with your own risk. I am still holding my small short position on this and wait to cover at lower price.
4-5cents is a target, without merge plan with KOM which may come 1Q 2022, i have no doubt to achieve this price level.
Anyway, the only way for stock price to go up is with potential growth in revenue and profit. profit stagnant, price stagnant. profit down, price down.
LOSS MAKING? waiting for bankruptcy only.
better ( Date: 25-Nov-2021 14:50) Posted:
Let me help you: " Calling all supporters of the Venerable chart_expert123, if there is any, please offload all now at 8.4 cents because He has proclaimed that it will crash to 4 cents next year" .
I would do my part to camp at 8.4 to help absorb the selling pressure. Please proceed when ready |
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SCM=Bankrupt?
Which means you are insinuating TH bankrupt?
Can you confirm?
This is a case of libel / defamatory remarks.
Please confirm for my next action.
chart_expert123 ( Date: 25-Nov-2021 15:02) Posted:
" to camp at 8.4"
typical scammer language.
Sembmar share price slowly lose the supporting average line which formed from last pump up from 7.8 to 9.
The week resistance at 9 is never broken, in fact price traded much lower value, recent high is 8.5-8.6.
Anyway, buy with your own risk. I am still holding my small short position on this and wait to cover at lower price.
4-5cents is a target, without merge plan with KOM which may come 1Q 2022, i have no doubt to achieve this price level.
Anyway, the only way for stock price to go up is with potential growth in revenue and profit. profit stagnant, price stagnant. profit down, price down.
LOSS MAKING? waiting for bankruptcy only.
better ( Date: 25-Nov-2021 14:50) Posted:
Let me help you: " Calling all supporters of the Venerable chart_expert123, if there is any, please offload all now at 8.4 cents because He has proclaimed that it will crash to 4 cents next year" .
I would do my part to camp at 8.4 to help absorb the selling pressure. Please proceed when ready |
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" to camp at 8.4"
typical scammer language.
Sembmar share price slowly lose the supporting average line which formed from last pump up from 7.8 to 9.
The week resistance at 9 is never broken, in fact price traded much lower value, recent high is 8.5-8.6.
Anyway, buy with your own risk. I am still holding my small short position on this and wait to cover at lower price.
4-5cents is a target, without merge plan with KOM which may come 1Q 2022, i have no doubt to achieve this price level.
Anyway, the only way for stock price to go up is with potential growth in revenue and profit. profit stagnant, price stagnant. profit down, price down.
LOSS MAKING? waiting for bankruptcy only.
better ( Date: 25-Nov-2021 14:50) Posted:
Let me help you: " Calling all supporters of the Venerable chart_expert123, if there is any, please offload all now at 8.4 cents because He has proclaimed that it will crash to 4 cents next year" .
I would do my part to camp at 8.4 to help absorb the selling pressure. Please proceed when ready.
chart_expert123 ( Date: 25-Nov-2021 14:07) Posted:
| buy back next year at 4 or 5cents. |
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Let me help you: " Calling all supporters of the Venerable chart_expert123, if there is any, please offload all now at 8.4 cents because He has proclaimed that it will crash to 4 cents next year" .
I would do my part to camp at 8.4 to help absorb the selling pressure. Please proceed when ready.
chart_expert123 ( Date: 25-Nov-2021 14:07) Posted:
buy back next year at 4 or 5cents.
TigerPlay ( Date: 25-Nov-2021 13:39) Posted:
| Yes, hopefully it help you guys, I sold the rest of it this morning, hope it soar from here |
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buy back next year at 4 or 5cents.
TigerPlay ( Date: 25-Nov-2021 13:39) Posted:
Yes, hopefully it help you guys, I sold the rest of it this morning, hope it soar from here.
better ( Date: 25-Nov-2021 10:28) Posted:
| Thanks Tigerplay for sacrificing once again. Once you sell, sure to soar.
Sell 1/3 better than nothing, at least can bring it to 12 cents |
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Thanks for your rocket fuel. Am camping a small order at 8.4 see whether Shortist want to sell 8.3 over the weekend, then have to roll over my order.
TigerPlay ( Date: 25-Nov-2021 13:39) Posted:
Yes, hopefully it help you guys, I sold the rest of it this morning, hope it soar from here.
better ( Date: 25-Nov-2021 10:28) Posted:
| Thanks Tigerplay for sacrificing once again. Once you sell, sure to soar.
Sell 1/3 better than nothing, at least can bring it to 12 cents |
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Yes, hopefully it help you guys, I sold the rest of it this morning, hope it soar from here.
better ( Date: 25-Nov-2021 10:28) Posted:
Thanks Tigerplay for sacrificing once again. Once you sell, sure to soar.
Sell 1/3 better than nothing, at least can bring it to 12 cents.
TigerPlay ( Date: 25-Nov-2021 10:21) Posted:
| Play this counter need patient, very patient one.remember the last round, I lost patient and sold all (a few millions share, which I have patiently kept for many months). The very moment I sold, it started to climb, 17cts 18cts till I think 23 cts or so...wah bian...maybe this time round I sell again which I have sold 1/3 laiow, so maybe this fella will start to climb again hor....ai my |
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SM uses paint, cheaper
Oxtail ( Date: 25-Nov-2021 10:57) Posted:
the article even suggest to give the ships that they made the ability to make their own parts.
HP printer is cheap.
HP ink cartige is expensive. There is HP ink factory in depot road and that is a gold mine.
Oxtail ( Date: 25-Nov-2021 10:46) Posted:
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Precisely, if SCM spares are better and faster, it is plus point competitor cant compete.
It brings up another level ... not who cheapest, who win the contract.
people usually buy parts from their manufacturer. if their parts are slow and inferior,
who want to give them project ? |
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the article even suggest to give the ships that they made the ability to make their own parts.
HP printer is cheap.
HP ink cartige is expensive. There is HP ink factory in depot road and that is a gold mine.
Oxtail ( Date: 25-Nov-2021 10:46) Posted:
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Precisely, if SCM spares are better and faster, it is plus point competitor cant compete.
It brings up another level ... not who cheapest, who win the contract.
people usually buy parts from their manufacturer. if their parts are slow and inferior,
who want to give them project ? |
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Precisely, if SCM spares are better and faster, it is plus point competitor cant compete.
It brings up another level ... not who cheapest, who win the contract.
people usually buy parts from their manufacturer. if their parts are slow and inferior,
who want to give them project ?
Noted.
chart_expert123 ( Date: 25-Nov-2021 10:31) Posted:
Spare part from manufacturer is not just a component instead it is an assurance. Especially spare parts for more than millions dollars machine. The machine claims to use 30-40years, if use spare parts from others, sorry, the machine is no longer belong to the manufacturer, it is your 缝 合 怪 。 can you replace any spare part f
On Tesla by using BYD? Is it still a Tesla? Please... who come out this ideal. Wasting money and time only.
Oxtail ( Date: 25-Nov-2021 10:19) Posted:
| Some spares. if got $$$ , also can't buy.
3D printing as the name suggest, it is like the printer that we use.
With design send to the 3D printing, it straight away fabricate out.
Instead of days, weeks or months, it may take hours.
The problem with 3D printing is quality heavily compromised.
Instead of having 3D printing compromise quality, it improve quality.
This a game changer. cheaper, faster and better.
Usually for such, talk is cheap. But it is validated by their own customer.
Then, i can foresee SCM road to automated factory where the whole rig to be printed is possible.
SCM nature of job is not mass manufacturing. They customized. They will make $$$ with using 3D printing
Actually, having validation by their own customer is a better news than contract wins |
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Spare part from manufacturer is not just a component instead it is an assurance. Especially spare parts for more than millions dollars machine. The machine claims to use 30-40years, if use spare parts from others, sorry, the machine is no longer belong to the manufacturer, it is your 缝 合 怪 。 can you replace any spare part f
On Tesla by using BYD? Is it still a Tesla? Please... who come out this ideal. Wasting money and time only.
Oxtail ( Date: 25-Nov-2021 10:19) Posted:
Some spares. if got $$$ , also can't buy.
3D printing as the name suggest, it is like the printer that we use.
With design send to the 3D printing, it straight away fabricate out.
Instead of days, weeks or months, it may take hours.
The problem with 3D printing is quality heavily compromised.
Instead of having 3D printing compromise quality, it improve quality.
This a game changer. cheaper, faster and better.
Usually for such, talk is cheap. But it is validated by their own customer.
Then, i can foresee SCM road to automated factory where the whole rig to be printed is possible.
SCM nature of job is not mass manufacturing. They customized. They will make $$$ with using 3D printing
Actually, having validation by their own customer is a better news than contract wins.
chart_expert123 ( Date: 25-Nov-2021 07:37) Posted:
| Can print whole 1000 tons rig? How much spare part can cost? SCM spent so much money for precision engineering, come on, you are billion revenue shipyard main con. Your research shall focus on to pattern new rigs, vessels or platform design rather than fighting small cake with precision engineering, tool die mould. What joke!! |
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Thanks Tigerplay for sacrificing once again. Once you sell, sure to soar.
Sell 1/3 better than nothing, at least can bring it to 12 cents.
TigerPlay ( Date: 25-Nov-2021 10:21) Posted:
| Play this counter need patient, very patient one.remember the last round, I lost patient and sold all (a few millions share, which I have patiently kept for many months). The very moment I sold, it started to climb, 17cts 18cts till I think 23 cts or so...wah bian...maybe this time round I sell again which I have sold 1/3 laiow, so maybe this fella will start to climb again hor....ai my |
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Play this counter need patient, very patient one.remember the last round, I lost patient and sold all (a few millions share, which I have patiently kept for many months). The very moment I sold, it started to climb, 17cts 18cts till I think 23 cts or so...wah bian...maybe this time round I sell again which I have sold 1/3 laiow, so maybe this fella will start to climb again hor....ai my
Some spares. if got $$$ , also can't buy.
3D printing as the name suggest, it is like the printer that we use.
With design send to the 3D printing, it straight away fabricate out.
Instead of days, weeks or months, it may take hours.
The problem with 3D printing is quality heavily compromised.
Instead of having 3D printing compromise quality, it improve quality.
This a game changer. cheaper, faster and better.
Usually for such, talk is cheap. But it is validated by their own customer.
Then, i can foresee SCM road to automated factory where the whole rig to be printed is possible.
SCM nature of job is not mass manufacturing. They customized. They will make $$$ with using 3D printing
Actually, having validation by their own customer is a better news than contract wins.
chart_expert123 ( Date: 25-Nov-2021 07:37) Posted:
Can print whole 1000 tons rig? How much spare part can cost? SCM spent so much money for precision engineering, come on, you are billion revenue shipyard main con. Your research shall focus on to pattern new rigs, vessels or platform design rather than fighting small cake with precision engineering, tool die mould. What joke!!!
better ( Date: 25-Nov-2021 00:32) Posted:
24 Nov 2021
ABS approves 3D printed spare parts after successful testing on board an oil tanker
ABS, ConocoPhillips Polar Tankers, Sembcorp Marine and 3D Metalforge complete landmark &ldquo additive manufacturing&rdquo project
Singapore, 24 November 2021: ABS, ConocoPhillips Polar Tankers, Sembcorp Marine Ltd and 3D Metalforge has taken a significant and tangible step to make additive manufacturing (AM) &ndash also known as 3D printing &ndash a reality in the marine industry through a joint development project. Parts fabricated by AM and installed on an oil tanker by Sembcorp Marine six months ago have been validated to be in good working condition.
This pioneering AM project started in February 2021 with the fabrication and lab-testing of functional additive manufactured parts, which were then installed on board the oil tanker Polar Endeavour. After six months in operation, all parts have since been retrieved and inspected by the vessel&rsquo s crew, followed by a remote survey by ABS.
Mr Patrick Ryan, ABS Senior Vice President, Global Engineering and Technology, said, &ldquo We are delighted with the performance of the parts and the successful completion of the project. It&rsquo s an important step forward for a technology that certainly has a significant role to play in the future of the marine industry. ABS is committed to ensuring these types of parts are introduced without compromising safety.&rdquo
Additive Manufacturing or 3D printing is the fabrication of parts by adding material layer by layer. It means products and components can be fabricated locally or potentially on board ships and offshore assets, shrinking the supply chain and lead times for specialised and complex parts, introducing new efficiencies driven by design innovation, reduced manufacturing time, and improvements in parts availability.
Traditional parts used in shipbuilding and repair are manufactured via casting or forging techniques. For this project, the consortium utilised AM to fabricate three types of parts that meet or may even exceed conventionally manufactured products in terms of quality. ABS has now approved these additive manufactured spare parts after successful onboard testing on an oil tanker.
The three parts were:
- Gear set and gear shaft for boiler fuel supply pump: The gear set comprises a drive gear which rotates the idle gear connected to the pump which creates a suction force to fill the void with fluid. The shaft connects the impeller to the motor/engine, which is the power source.
- Flexible coupling for marine sanitation devices pump: The flexible coupling connects a driver shaft to a driven shaft for power transmission. The two shafts include metal components for two coupling sleeves and non-metallic components for coupling spider which permit misalignment adjustments.
- An ejector nozzle for fresh water generator which increases the fluid velocity to transform high static pressure into velocity pressure.
Mr Robert Noyer, ConocoPhillips Polar Tankers Engineering Superintendent, said, &ldquo The superior performance of these parts in service is a testament to the rigorous engineering, manufacturing and post-production testing put in place by the team involved with this venture. We look forward to future opportunities to support our vessels with this technology.&rdquo
Sembcorp Marine Head of Research & Development, Mr Simon Kuik, said, &ldquo The success of this project augurs well for the adoption of AM in the marine industry. Through AM, Sembcorp Marine is able to customise parts for our customers and reduce material wastage and remove supply chain inefficiencies. This augments our value proposition as a one-stop innovative solutions provider for the offshore, marine and energy industries and affirms our sustainability ethos.&rdquo
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