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SembCorp Marine- The new Frontier.
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You and I trade based on facts and fundamentals. No profit, no contracts, price increase is artificial.
But some investors trade on hope.
To each his own
weekaykee ( Date: 12-Nov-2021 09:45) Posted:
SMM' s price is now being traded on HOPE and Moving Averages.
ckmpd1 ( Date: 12-Nov-2021 08:21) Posted:
Interesting days ahead for SMM.
The longer it takes SMM to win big contracts, the more its price will go down. How long can SMM last without new jobs?
8c artificial floor price cant hold if no new big contract |
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The way you ask this type of question, obviously you hv zero knowledge about MA...tell u also waste time lah
weekaykee ( Date: 12-Nov-2021 09:43) Posted:
Will MAs be relevant in 6 months time if SMM wins no new huge contracts between now and then?
SMM will have a life of its own just based on MAs?
tbooncho888 ( Date: 12-Nov-2021 09:23) Posted:
| SM is now above its day MA60, and its day MA200 is ard 0.124, it will thus go towards that and clear it in due course....no amount of ghost story humtum analysis or shouting is going to bend the MA60 line so easily....it is the collective input of the human traders and trading machines that will dictate the ma line |
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SMM' s price is now being traded on HOPE and Moving Averages.
ckmpd1 ( Date: 12-Nov-2021 08:21) Posted:
Interesting days ahead for SMM.
The longer it takes SMM to win big contracts, the more its price will go down. How long can SMM last without new jobs?
8c artificial floor price cant hold if no new big contracts
chart_expert123 ( Date: 11-Nov-2021 18:24) Posted:
8cents, market cap 2.64 bil. Is it cheap?
Order book left 1.4bil for next 1-3years which the potential to generate revenue is so less.
So let this 1.4Bil as its market cap, 4cents is not cheap at all.
we are talking about a 33 bil shares heavy monster which a pump up to 8.9 cents can be 1 day gone back to 8.2cent which mean profit taking effect is huges. which Big players can really absorp all these profit taking and push up continually. out come is obvious.
But in opposite, to push down for heavy loaded shares are much easier with less volume.
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Comeback and ask after 6 months.
weekaykee ( Date: 12-Nov-2021 09:43) Posted:
Will MAs be relevant in 6 months time if SMM wins no new huge contracts between now and then?
SMM will have a life of its own just based on MAs?
tbooncho888 ( Date: 12-Nov-2021 09:23) Posted:
| SM is now above its day MA60, and its day MA200 is ard 0.124, it will thus go towards that and clear it in due course....no amount of ghost story humtum analysis or shouting is going to bend the MA60 line so easily....it is the collective input of the human traders and trading machines that will dictate the ma line |
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Will MAs be relevant in 6 months time if SMM wins no new huge contracts between now and then?
SMM will have a life of its own just based on MAs?
tbooncho888 ( Date: 12-Nov-2021 09:23) Posted:
| SM is now above its day MA60, and its day MA200 is ard 0.124, it will thus go towards that and clear it in due course....no amount of ghost story humtum analysis or shouting is going to bend the MA60 line so easily....it is the collective input of the human traders and trading machines that will dictate the ma line |
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Interesting to know. Do keep us posted on the MAs as and when they become relevant.
Heavily vested.
tbooncho888 ( Date: 12-Nov-2021 09:23) Posted:
| SM is now above its day MA60, and its day MA200 is ard 0.124, it will thus go towards that and clear it in due course....no amount of ghost story humtum analysis or shouting is going to bend the MA60 line so easily....it is the collective input of the human traders and trading machines that will dictate the ma line |
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Congratulations to SMM!
Thanks all shortlists too.
Without them, I wont be able to get $0.082 for all my lots.
Certainly, I am more than happy if they can help me short to $0.04-$0.01, for me to accumulate 50% cheaper. At that price,why not?
Do let me have your targeted timeline,at $0.04, shortists
Btw, I have set few alerts at $0.07 to $0.04
better ( Date: 12-Nov-2021 09:09) Posted:
Vito hull and topsides connected
Nov. 12, 2021
Sembcorp Marine&rsquo s Tuas Boulevard Yard has completed the load-out and tandem lift of the topsides structure for Shell&rsquo s Vito FPU project in the US Gulf of Mexico
(Courtesy Sembcorp Marine)
Tandem lift of the Vito topsides structure onto the FPU hull by a pair of goliath cranes.
Offshore staff
SINGAPORE &ndash Sembcorp Marine&rsquo s Tuas Boulevard Yard has completed the load-out and tandem lift of the topsides structure for Shell&rsquo s Vito FPU project in the US Gulf of Mexico.
Following load-out, the topsides structure was transported via the yard&rsquo s heavy-lift vessel Elite Prosperity and lifted onto the FPU hull using two goliath cranes with a combined lifting capacity of 30,000 metric tons (33,069 tons) and a 100-m (328-ft) hook height.
Sembcorp&rsquo s Brazilian yard Estaleiro Jurong Aracruz is performing modification and integration work on the FPSO P-71, which will be deployed at Petrobras&rsquo Itapu field offshore Brazil. The vessel is due to be delivered in 4Q 2022.
The group is also continuing with pre-FID work on the circular Cambo FPSO which Siccar Point Energy aims to deploy west of Shetland. Sembcorp anticipates FID will follow soon
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SM is now above its day MA60, and its day MA200 is ard 0.124, it will thus go towards that and clear it in due course....no amount of ghost story humtum analysis or shouting is going to bend the MA60 line so easily....it is the collective input of the human traders and trading machines that will dictate the ma line
Vito hull and topsides connected
Nov. 12, 2021
Sembcorp Marine&rsquo s Tuas Boulevard Yard has completed the load-out and tandem lift of the topsides structure for Shell&rsquo s Vito FPU project in the US Gulf of Mexico
(Courtesy Sembcorp Marine)
Tandem lift of the Vito topsides structure onto the FPU hull by a pair of goliath cranes.
Offshore staff
SINGAPORE &ndash
Sembcorp Marine&rsquo s Tuas Boulevard Yard has completed the load-out and tandem lift of the topsides structure for
Shell&rsquo s Vito FPU project in the
US Gulf of Mexico.
Following load-out, the topsides structure was transported via the yard&rsquo s heavy-lift vessel
Elite Prosperity and lifted onto the FPU hull using two goliath cranes with a combined lifting capacity of 30,000 metric tons (33,069 tons) and a 100-m (328-ft) hook height.
Sembcorp&rsquo s Brazilian yard Estaleiro Jurong Aracruz is performing modification and integration work on the
FPSO P-71, which will be deployed at
Petrobras&rsquo Itapu field offshore Brazil. The vessel is due to be delivered in 4Q 2022.
The group is also continuing with pre-FID work on the circular
Cambo FPSO which Siccar Point Energy aims to deploy west of Shetland. Sembcorp anticipates FID will follow soon
many new contracts in the industry. The issue is can SMM compete and win contracts?
This is a chicken and the egg issue. If cant do present job well, SMM cant win new contracts. If cant win new contracts, SMM cant do good job. A slide to the bottom. SMM must break this bad cycle
chart_expert123 ( Date: 12-Nov-2021 08:59) Posted:
shipyards in vietnam, thailand, indonesia, malaysia, order books are filling close to 100% for gas platform and wind farm substation platform.
Interest on building offshore drilling rigs and offshore construction vessel are still very low.
Shipyards which are not filled with offshore production facilities project such as FPSO (for deep sea), Oil and Gas platform with Jackets(for shallow water), Wind farm substation platform (for shallow water) are basically losing its competitives within regional shipyards.
1.4Bil order books(SCM). vs 5.8Bil order books(Keppel)
TA_Expert ( Date: 12-Nov-2021 07:40) Posted:
It has nothing to do with oil price.
The collapse of SMM is due to mismanagement |
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shipyards in vietnam, thailand, indonesia, malaysia, order books are filling close to 100% for gas platform and wind farm substation platform.
Interest on building offshore drilling rigs and offshore construction vessel are still very low.
Shipyards which are not filled with offshore production facilities project such as FPSO (for deep sea), Oil and Gas platform with Jackets(for shallow water), Wind farm substation platform (for shallow water) are basically losing its competitives within regional shipyards.
1.4Bil order books(SCM). vs 5.8Bil order books(Keppel)
TA_Expert ( Date: 12-Nov-2021 07:40) Posted:
It has nothing to do with oil price.
The collapse of SMM is due to mismanagement.
investshare ( Date: 12-Nov-2021 07:16) Posted:
The problem is? if now is not considered recovery, then when?
Oil already so high, stock market already rebound, what is the recovery you are waiting for |
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Interesting days ahead for SMM.
The longer it takes SMM to win big contracts, the more its price will go down. How long can SMM last without new jobs?
8c artificial floor price cant hold if no new big contracts
chart_expert123 ( Date: 11-Nov-2021 18:24) Posted:
8cents, market cap 2.64 bil. Is it cheap?
Order book left 1.4bil for next 1-3years which the potential to generate revenue is so less.
So let this 1.4Bil as its market cap, 4cents is not cheap at all.
we are talking about a 33 bil shares heavy monster which a pump up to 8.9 cents can be 1 day gone back to 8.2cent which mean profit taking effect is huges. which Big players can really absorp all these profit taking and push up continually. out come is obvious.
But in opposite, to push down for heavy loaded shares are much easier with less volume.
Chagatai ( Date: 11-Nov-2021 18:04) Posted:
| Best way is wait until price hit rock bottom no one knows can be 6-5-4-3 we dunno 🤷 ♂ ️ we just hope it goes to Best Buy in price BUY millions at 4c and Chiong this cursed stock to 30c And above. Then all Become Friends Correct or Not ! Paranoid people should know BETTER ! |
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Chagatai ( Date: 11-Nov-2021 20:59) Posted:
| Waste time la.. we all dyodd wish everyone Huat this cursed stock we Win BIG retire at seaside drink and eat till hearts content and I wish this SCM at least reach 20c I dunno but hope it does or else buy lower price below 8-4 make big at 10c 12c 14c no one knows but All Wish All HUAT HUAT HUAT better |
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some mgmt get their positions not because of what they know but who they know. The root cause of SMM' s problems is Temasek putting in the wrong people
Speediman ( Date: 11-Nov-2021 23:49) Posted:
Now that TH is the biggest shareholder, please get some old hands (eg Ex CEo Mr Tang) back to steer the company back to health.
During CB 2020, SCM have too many workers. They allowed too many workers to go without replenishing them, surprisingly Now short of workers.
KOM and SCM are both linked to the mother company TH, but there is no co-operation between the 2 company during this covid crisis.
They need to pool the resouces together. Share workers, sub contract jobs, buy common material in bulk to get cheaper pricing, etc.
Current management is not suitable for this job. Remove and change them please! |
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SMM mgmt is still waiting for recovery.
Some retail investors believe SMM' s propaganda and still waiting for billion dollar contracts soon and merger. But they didnt ask why wld anyone want to award SMM contracts when they have so many problems and who wants to merge with a liability company? Merger is likely if ordered by govt because of political considerations, not on economic merits. Such a merger is likely to be disadvantageous to SMM because they bargain from a position of weakness rather than strength
investshare ( Date: 12-Nov-2021 07:16) Posted:
The problem is? if now is not considered recovery, then when?
Oil already so high, stock market already rebound, what is the recovery you are waiting for?
Winnie80 ( Date: 12-Nov-2021 00:16) Posted:
| But they have big yards and new yards. When the market recover, things should look better |
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A wise view.
Many industries have recovered. O& M too.
Many companies have recovered and some are on the way.
How abt SMM? Still blaming oil price collapse, covid, manpower, logistics?
The Board and mgmt shd do self reflection and do something abt their weaknesses. Profits and contracts dont drop from the sky onto their laps. Just relying on hope will not do.
TA_Expert ( Date: 12-Nov-2021 07:40) Posted:
It has nothing to do with oil price.
The collapse of SMM is due to mismanagement.
investshare ( Date: 12-Nov-2021 07:16) Posted:
The problem is? if now is not considered recovery, then when?
Oil already so high, stock market already rebound, what is the recovery you are waiting for |
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It has nothing to do with oil price.
The collapse of SMM is due to mismanagement.
investshare ( Date: 12-Nov-2021 07:16) Posted:
The problem is? if now is not considered recovery, then when?
Oil already so high, stock market already rebound, what is the recovery you are waiting for?
Winnie80 ( Date: 12-Nov-2021 00:16) Posted:
| But they have big yards and new yards. When the market recover, things should look better |
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The problem is? if now is not considered recovery, then when?
Oil already so high, stock market already rebound, what is the recovery you are waiting for?
Winnie80 ( Date: 12-Nov-2021 00:16) Posted:
| But they have big yards and new yards. When the market recover, things should look better |
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But they have big yards and new yards. When the market recover, things should look better
Now that TH is the biggest shareholder, please get some old hands (eg Ex CEo Mr Tang) back to steer the company back to health.
During CB 2020, SCM have too many workers. They allowed too many workers to go without replenishing them, surprisingly Now short of workers.
KOM and SCM are both linked to the mother company TH, but there is no co-operation between the 2 company during this covid crisis.
They need to pool the resouces together. Share workers, sub contract jobs, buy common material in bulk to get cheaper pricing, etc.
Current management is not suitable for this job. Remove and change them please!
