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Sembmarine_Green is the new gold_a better future

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mrwise
    08-Apr-2022 09:37  
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GOOD NEWS COMING SOON!!!!??

mrwise      ( Date: 08-Apr-2022 09:33) Posted:

POWER!!!  ROCKETING UP!!!

baybefaze      ( Date: 08-Apr-2022 09:31) Posted:

1st nuclear bomb fired, target $0.105 destroye


 
 
mrwise
    08-Apr-2022 09:33  
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POWER!!!  ROCKETING UP!!!

baybefaze      ( Date: 08-Apr-2022 09:31) Posted:

1st nuclear bomb fired, target $0.105 destroyed

baybefaze      ( Date: 08-Apr-2022 09:11) Posted:

BB gonna fire a nuclear bomb to bring down the huge 3s walls
Today will see $0.11  -  Huat Ahhhhh...................


 
 
baybefaze
    08-Apr-2022 09:31  
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1st nuclear bomb fired, target $0.105 destroyed

baybefaze      ( Date: 08-Apr-2022 09:11) Posted:

BB gonna fire a nuclear bomb to bring down the huge 3s walls
Today will see $0.11  -  Huat Ahhhhh...................

 

 
mrwise
    08-Apr-2022 09:29  
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This counter has been pressed down too much and too long...

Time to reverse UP!!!

eugesun      ( Date: 08-Apr-2022 09:26) Posted:

Aim high...to the moon...I wonder if all the shorts get out already??? Otherwise they have to cover...huat ah...

mrwise      ( Date: 08-Apr-2022 09:22) Posted:

Rocketing up soon!!

My target at $0.15


 
 
eugesun
    08-Apr-2022 09:26  
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Aim high...to the moon...I wonder if all the shorts get out already??? Otherwise they have to cover...huat ah...

mrwise      ( Date: 08-Apr-2022 09:22) Posted:

Rocketing up soon!!

My target at $0.15!

baybefaze      ( Date: 08-Apr-2022 09:11) Posted:

BB gonna fire a nuclear bomb to bring down the huge 3s walls
Today will see $0.11  -  Huat Ahhhhh...................


 
 
baybefaze
    08-Apr-2022 09:26  
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Friend, $0.15 veri veri difficult though not impossible
let' s settle with $0.11 first so that the naysayers will not bang their own bXXXX so hard

mrwise      ( Date: 08-Apr-2022 09:22) Posted:

Rocketing up soon!!

My target at $0.15!

baybefaze      ( Date: 08-Apr-2022 09:11) Posted:

BB gonna fire a nuclear bomb to bring down the huge 3s walls
Today will see $0.11  -  Huat Ahhhhh...................


 

 
mrwise
    08-Apr-2022 09:22  
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Rocketing up soon!!

My target at $0.15!

baybefaze      ( Date: 08-Apr-2022 09:11) Posted:

BB gonna fire a nuclear bomb to bring down the huge 3s walls
Today will see $0.11  -  Huat Ahhhhh...................

 
 
baybefaze
    08-Apr-2022 09:11  
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BB gonna fire a nuclear bomb to bring down the huge 3s walls
Today will see $0.11  -  Huat Ahhhhh...................
 
 
eugesun
    08-Apr-2022 09:06  
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Very powerful negotiations..huat ah...hopping 1+ in 2023...

SureStrike      ( Date: 07-Apr-2022 23:01) Posted:

Powderful lah! Don?t play play! 👍 🏻 😎

better      ( Date: 07-Apr-2022 22:52) Posted:

Today' s AGM clarification is an attempt to lay all SCM ' s competitive advantages in the open.  The piece is likely written by Temasek' s negotiator to put down KC' s snake oil salesman Loh Chin Hua, who is obviously bargaining for a better exchange ratio and more cash.
 
 
 
First, it is mentioned that renewable constituted 30% of total revenue in 2021 and 43% of group net order book. In today' s environment, the greener the higher the perceived value of the entity.
 
 
 
Second, they listed some of SCM' s trophy projects.  Hornsea 2 and Sofia Offshore windfarm platforms that SCM are constructing are much bigger and more technologically advanced than those done by KOM.
 
 
 
Third, Shell Whale FPU is a trophy project that ONLY SCM can complete because of Its gaint Goliath Crane.  Also, appointed by an oil major for a start to finish FPU project is a trophy " main contractor" type of job. All KOM projects are subcontractor type of jobs. For example, Exxon engage SBM offshore (main contractor) to build a FPSO who then use KOM as a subcontractor to do part of project (topside integration).
 
 
 
Fourth, with SCM' s 100% owned LMG Marin (leading nautical architect in the world), SCM is able to execute an design and construction (start to finish) type job for all specialised marine vessel. That&rsquo s also the reason they can win the contract for the NapAnt Antarctic support vessel, another trophy project that build on LMG Marin&rsquo s expertise in designing the award winning Polar expedition cruise ship in 2020.
 
 
Fifth, previously KOM was able to boost that they are constructing a Jones Act WTIV. Now, SCM is saying that we are building a bigger and more technological advanced WTIV than KOM for Maersk (the equivalent of an oil major in the offshore support industry. Not all clients are created equal).
 
Sixth, SCM is boosting that they are likely to secure the Dorado FPSO contract, another trophy start to finish, main contractor type job.
 
Seventh, SCM have secured/ purchased a lot more green technology retrofit solutions while KOM has likely stopped investment in these areas as they are about to be sold or discarded. Why would KC throw more cash into something they are going to sell soon?
 
Eight, SCM&rsquo s repair unit is the world leader in the repair and upgrade of LNG carriers (a lot more biz coming given the Ukraine situation) and cruise vessels (a lot more biz coming as the cruise industry is definitely making a strong come back this year)
 
 
I could not have written a better piece if I am Temasek appointed negotiator whom I am sure is also following this forum


 
 
Ryuuenji
    08-Apr-2022 09:02  
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Precisely, he is feeding on this effects he had made on all of us... he is enjoying. So best not to response... he will eventually move on to another counter. Everyone just try to ignore his posts, dont quote not reply. Made him Transparent and he will lose his enjoyment. LOL.... Happy day and a good trading ahead!

MANFREDTMK      ( Date: 08-Apr-2022 08:49) Posted:

He has a way to irritate people to the bones especially with irrelevant comments that are not substantiated and above all, totally irrelevant and meaningless in all metrics, just to belittle us. For instance, he will change the subject to other stocks giving higher returns, short of quoting TOTO. All done with one evil intention.To show how stupid we are, not realizing it reflects his very low self esteem, immaturity and literacy.
He has to stop humiliating himself. A very pathetic and pitiful person, constantly hurting himself like this.

Ryuuenji      ( Date: 08-Apr-2022 08:34) Posted:

Simply just ignore every posts he made. Eventually, he will bite his own tongue and leave the forum. His intention is clear, why spend time to reply him. Anyway it is a faceless community here. As for me, I will sit thru with quiet confidence that $0.72 will be a target for me to sell(not by April) in 9 to 12 months time. I am sitting with heavy buying at 0.082 over the last few months. In fact my SMM gain at this moment is more than what SCI and KC can give me with the amount I have acquired. The future of SMM is crystal clear but some were still sad about their pass misfortune... so let them be


 

 
MANFREDTMK
    08-Apr-2022 08:49  
Contact    Quote!
He has a way to irritate people to the bones especially with irrelevant comments that are not substantiated and above all, totally irrelevant and meaningless in all metrics, just to belittle us. For instance, he will change the subject to other stocks giving higher returns, short of quoting TOTO. All done with one evil intention.To show how stupid we are, not realizing it reflects his very low self esteem, immaturity and literacy.
He has to stop humiliating himself. A very pathetic and pitiful person, constantly hurting himself like this.

Ryuuenji      ( Date: 08-Apr-2022 08:34) Posted:

Simply just ignore every posts he made. Eventually, he will bite his own tongue and leave the forum. His intention is clear, why spend time to reply him. Anyway it is a faceless community here. As for me, I will sit thru with quiet confidence that $0.72 will be a target for me to sell(not by April) in 9 to 12 months time. I am sitting with heavy buying at 0.082 over the last few months. In fact my SMM gain at this moment is more than what SCI and KC can give me with the amount I have acquired. The future of SMM is crystal clear but some were still sad about their pass misfortune... so let them be.

PHInsider63      ( Date: 08-Apr-2022 08:14) Posted:

Anxiety?
I collected second batch at 88 when it cranked
Third batch at 94 when it made a surge
Latest batch at 95 though 500 lots last week when it came down from 103 to 94 (intermittently).
Anxiety?

I challenged you to meet me in person in earlier thread
And my challenge remains open and valid.

Pm me your phone number. We will meet and I will let you know who I am. I am not a 100 lots investor and I have a diversified portfolio.

Hence, let s me and not engage in your worthless nag and drag.


 
 
PHInsider63
    08-Apr-2022 08:38  
Contact    Quote!
When someone (in this case Better) spent efforts to provide good posting, regardless of sides, we have to be thankful.
An old nag is what he has been and there is always a limit.



Ryuuenji      ( Date: 08-Apr-2022 08:34) Posted:

Simply just ignore every posts he made. Eventually, he will bite his own tongue and leave the forum. His intention is clear, why spend time to reply him. Anyway it is a faceless community here. As for me, I will sit thru with quiet confidence that $0.72 will be a target for me to sell(not by April) in 9 to 12 months time. I am sitting with heavy buying at 0.082 over the last few months. In fact my SMM gain at this moment is more than what SCI and KC can give me with the amount I have acquired. The future of SMM is crystal clear but some were still sad about their pass misfortune... so let them be.

PHInsider63      ( Date: 08-Apr-2022 08:14) Posted:

Anxiety?
I collected second batch at 88 when it cranked
Third batch at 94 when it made a surge
Latest batch at 95 though 500 lots last week when it came down from 103 to 94 (intermittently).
Anxiety?

I challenged you to meet me in person in earlier thread
And my challenge remains open and valid.

Pm me your phone number. We will meet and I will let you know who I am. I am not a 100 lots investor and I have a diversified portfolio.

Hence, let s me and not engage in your worthless nag and drag.


 
 
Ryuuenji
    08-Apr-2022 08:34  
Contact    Quote!
Simply just ignore every posts he made. Eventually, he will bite his own tongue and leave the forum. His intention is clear, why spend time to reply him. Anyway it is a faceless community here. As for me, I will sit thru with quiet confidence that $0.72 will be a target for me to sell(not by April) in 9 to 12 months time. I am sitting with heavy buying at 0.082 over the last few months. In fact my SMM gain at this moment is more than what SCI and KC can give me with the amount I have acquired. The future of SMM is crystal clear but some were still sad about their pass misfortune... so let them be.

PHInsider63      ( Date: 08-Apr-2022 08:14) Posted:

Anxiety?
I collected second batch at 88 when it cranked
Third batch at 94 when it made a surge
Latest batch at 95 though 500 lots last week when it came down from 103 to 94 (intermittently).
Anxiety?

I challenged you to meet me in person in earlier thread
And my challenge remains open and valid.

Pm me your phone number. We will meet and I will let you know who I am. I am not a 100 lots investor and I have a diversified portfolio.

Hence, let s me and not engage in your worthless nag and drag.
.

weekaykee      ( Date: 08-Apr-2022 07:54) Posted:

You sound very anxious with your personal attack. Every single cent placed on SCM?
 


 
 
PHInsider63
    08-Apr-2022 08:14  
Contact    Quote!
Anxiety?
I collected second batch at 88 when it cranked
Third batch at 94 when it made a surge
Latest batch at 95 though 500 lots last week when it came down from 103 to 94 (intermittently).
Anxiety?

I challenged you to meet me in person in earlier thread
And my challenge remains open and valid.

Pm me your phone number. We will meet and I will let you know who I am. I am not a 100 lots investor and I have a diversified portfolio.

Hence, let s me and not engage in your worthless nag and drag.
.

weekaykee      ( Date: 08-Apr-2022 07:54) Posted:

You sound very anxious with your personal attack. Every single cent placed on SCM?
 

PHInsider63      ( Date: 08-Apr-2022 07:44) Posted:

As most of us probably know, I am rarely or never ballistic.

Allow me to be that for one.

KK Wee, you are of the sickest form in this thread. Even CK is measured and objective. Better has provided substantiated facts and gone to the extent of listing them down.
To me, you are a mere old grandfather clock, barging and barking like a mad canine. What have you to offer except groan and moan and hate SM to the bones probably you have lost a load of coffin money in this stock! If so, load up now stop your grinding.

May you just shut up and watch?!!


 
 
weekaykee
    08-Apr-2022 07:54  
Contact    Quote!
You sound very anxious with your personal attack. Every single cent placed on SCM?
 

PHInsider63      ( Date: 08-Apr-2022 07:44) Posted:

As most of us probably know, I am rarely or never ballistic.

Allow me to be that for one.

KK Wee, you are of the sickest form in this thread. Even CK is measured and objective. Better has provided substantiated facts and gone to the extent of listing them down.
To me, you are a mere old grandfather clock, barging and barking like a mad canine. What have you to offer except groan and moan and hate SM to the bones probably you have lost a load of coffin money in this stock! If so, load up now stop your grinding.

May you just shut up and watch?!!!

weekaykee      ( Date: 08-Apr-2022 07:40) Posted:

You mean at this stage with the final merger terms to be announced before 30 April, SCM is still trying to do a " public negotiation" via boasting of its competitive advantages?

Come on " Better" . You can surely do better than this rubbish imaginary conclusion. 


 

 
PHInsider63
    08-Apr-2022 07:44  
Contact    Quote!
As most of us probably know, I am rarely or never ballistic.

Allow me to be that for one.

KK Wee, you are of the sickest form in this thread. Even CK is measured and objective. Better has provided substantiated facts and gone to the extent of listing them down.
To me, you are a mere old grandfather clock, barging and barking like a mad canine. What have you to offer except groan and moan and hate SM to the bones probably you have lost a load of coffin money in this stock! If so, load up now stop your grinding.

May you just shut up and watch?!!!

weekaykee      ( Date: 08-Apr-2022 07:40) Posted:

You mean at this stage with the final merger terms to be announced before 30 April, SCM is still trying to do a " public negotiation" via boasting of its competitive advantages?

Come on " Better" . You can surely do better than this rubbish imaginary conclusion. 

better      ( Date: 07-Apr-2022 22:52) Posted:

Today' s AGM clarification is an attempt to lay all SCM ' s competitive advantages in the open.  The piece is likely written by Temasek' s negotiator to put down KC' s snake oil salesman Loh Chin Hua, who is obviously bargaining for a better exchange ratio and more cash.
 
 
 
First, it is mentioned that renewable constituted 30% of total revenue in 2021 and 43% of group net order book. In today' s environment, the greener the higher the perceived value of the entity.
 
 
 
Second, they listed some of SCM' s trophy projects.  Hornsea 2 and Sofia Offshore windfarm platforms that SCM are constructing are much bigger and more technologically advanced than those done by KOM.
 
 
 
Third, Shell Whale FPU is a trophy project that ONLY SCM can complete because of Its gaint Goliath Crane.  Also, appointed by an oil major for a start to finish FPU project is a trophy " main contractor" type of job. All KOM projects are subcontractor type of jobs. For example, Exxon engage SBM offshore (main contractor) to build a FPSO who then use KOM as a subcontractor to do part of project (topside integration).
 
 
 
Fourth, with SCM' s 100% owned LMG Marin (leading nautical architect in the world), SCM is able to execute an design and construction (start to finish) type job for all specialised marine vessel. That&rsquo s also the reason they can win the contract for the NapAnt Antarctic support vessel, another trophy project that build on LMG Marin&rsquo s expertise in designing the award winning Polar expedition cruise ship in 2020.
 
 
Fifth, previously KOM was able to boost that they are constructing a Jones Act WTIV. Now, SCM is saying that we are building a bigger and more technological advanced WTIV than KOM for Maersk (the equivalent of an oil major in the offshore support industry. Not all clients are created equal).
 
Sixth, SCM is boosting that they are likely to secure the Dorado FPSO contract, another trophy start to finish, main contractor type job.
 
Seventh, SCM have secured/ purchased a lot more green technology retrofit solutions while KOM has likely stopped investment in these areas as they are about to be sold or discarded. Why would KC throw more cash into something they are going to sell soon?
 
Eight, SCM&rsquo s repair unit is the world leader in the repair and upgrade of LNG carriers (a lot more biz coming given the Ukraine situation) and cruise vessels (a lot more biz coming as the cruise industry is definitely making a strong come back this year)
 
 
I could not have written a better piece if I am Temasek appointed negotiator whom I am sure is also following this forum


 
 
weekaykee
    08-Apr-2022 07:40  
Contact    Quote!
You mean at this stage with the final merger terms to be announced before 30 April, SCM is still trying to do a " public negotiation" via boasting of its competitive advantages?

Come on " Better" . You can surely do better than this rubbish imaginary conclusion. 

better      ( Date: 07-Apr-2022 22:52) Posted:

Today' s AGM clarification is an attempt to lay all SCM ' s competitive advantages in the open.  The piece is likely written by Temasek' s negotiator to put down KC' s snake oil salesman Loh Chin Hua, who is obviously bargaining for a better exchange ratio and more cash.
 
 
 
First, it is mentioned that renewable constituted 30% of total revenue in 2021 and 43% of group net order book. In today' s environment, the greener the higher the perceived value of the entity.
 
 
 
Second, they listed some of SCM' s trophy projects.  Hornsea 2 and Sofia Offshore windfarm platforms that SCM are constructing are much bigger and more technologically advanced than those done by KOM.
 
 
 
Third, Shell Whale FPU is a trophy project that ONLY SCM can complete because of Its gaint Goliath Crane.  Also, appointed by an oil major for a start to finish FPU project is a trophy " main contractor" type of job. All KOM projects are subcontractor type of jobs. For example, Exxon engage SBM offshore (main contractor) to build a FPSO who then use KOM as a subcontractor to do part of project (topside integration).
 
 
 
Fourth, with SCM' s 100% owned LMG Marin (leading nautical architect in the world), SCM is able to execute an design and construction (start to finish) type job for all specialised marine vessel. That&rsquo s also the reason they can win the contract for the NapAnt Antarctic support vessel, another trophy project that build on LMG Marin&rsquo s expertise in designing the award winning Polar expedition cruise ship in 2020.
 
 
Fifth, previously KOM was able to boost that they are constructing a Jones Act WTIV. Now, SCM is saying that we are building a bigger and more technological advanced WTIV than KOM for Maersk (the equivalent of an oil major in the offshore support industry. Not all clients are created equal).
 
Sixth, SCM is boosting that they are likely to secure the Dorado FPSO contract, another trophy start to finish, main contractor type job.
 
Seventh, SCM have secured/ purchased a lot more green technology retrofit solutions while KOM has likely stopped investment in these areas as they are about to be sold or discarded. Why would KC throw more cash into something they are going to sell soon?
 
Eight, SCM&rsquo s repair unit is the world leader in the repair and upgrade of LNG carriers (a lot more biz coming given the Ukraine situation) and cruise vessels (a lot more biz coming as the cruise industry is definitely making a strong come back this year)
 
 
I could not have written a better piece if I am Temasek appointed negotiator whom I am sure is also following this forum.

better      ( Date: 07-Apr-2022 19:21) Posted:

Today' s AGM clarification is likely more related to the merger negotiation than answering AGM questions. I would explain the implications later.


Effectively, it has always been an acquisition. However, to give " respect" to the acquired entity if it is sizable, the corporate world usually call it merger


 
 
PHInsider63
    08-Apr-2022 05:24  
Contact    Quote!
It is a matter of time to prove what Better prophesy about SM is slowly gaining traction and gestating into reality.

SM is superior than KOM. Period.



MANFREDTMK      ( Date: 07-Apr-2022 23:50) Posted:

Thanks bro for the clarification. You are Godsend. So blessed to have you around making everyone so Happyyyyy. No words can describe. My heartfelt appreciation and gratitude on behalf of all the professionals, veterans and novices like me as well. Never have I come across a forum with so many competent and talented professionals, perverts included. 🙏 🙏 🙏 God brought us together.

better      ( Date: 07-Apr-2022 22:52) Posted:

Today' s AGM clarification is an attempt to lay all SCM ' s competitive advantages in the open.  The piece is likely written by Temasek' s negotiator to put down KC' s snake oil salesman Loh Chin Hua, who is obviously bargaining for a better exchange ratio and more cash.
 
 
 
First, it is mentioned that renewable constituted 30% of total revenue in 2021 and 43% of group net order book. In today' s environment, the greener the higher the perceived value of the entity.
 
 
 
Second, they listed some of SCM' s trophy projects.  Hornsea 2 and Sofia Offshore windfarm platforms that SCM are constructing are much bigger and more technologically advanced than those done by KOM.
 
 
 
Third, Shell Whale FPU is a trophy project that ONLY SCM can complete because of Its gaint Goliath Crane.  Also, appointed by an oil major for a start to finish FPU project is a trophy " main contractor" type of job. All KOM projects are subcontractor type of jobs. For example, Exxon engage SBM offshore (main contractor) to build a FPSO who then use KOM as a subcontractor to do part of project (topside integration).
 
 
 
Fourth, with SCM' s 100% owned LMG Marin (leading nautical architect in the world), SCM is able to execute an design and construction (start to finish) type job for all specialised marine vessel. That&rsquo s also the reason they can win the contract for the NapAnt Antarctic support vessel, another trophy project that build on LMG Marin&rsquo s expertise in designing the award winning Polar expedition cruise ship in 2020.
 
 
Fifth, previously KOM was able to boost that they are constructing a Jones Act WTIV. Now, SCM is saying that we are building a bigger and more technological advanced WTIV than KOM for Maersk (the equivalent of an oil major in the offshore support industry. Not all clients are created equal).
 
Sixth, SCM is boosting that they are likely to secure the Dorado FPSO contract, another trophy start to finish, main contractor type job.
 
Seventh, SCM have secured/ purchased a lot more green technology retrofit solutions while KOM has likely stopped investment in these areas as they are about to be sold or discarded. Why would KC throw more cash into something they are going to sell soon?
 
Eight, SCM&rsquo s repair unit is the world leader in the repair and upgrade of LNG carriers (a lot more biz coming given the Ukraine situation) and cruise vessels (a lot more biz coming as the cruise industry is definitely making a strong come back this year)
 
 
I could not have written a better piece if I am Temasek appointed negotiator whom I am sure is also following this forum


 
 
PHInsider63
    08-Apr-2022 05:22  
Contact    Quote!
Quoted from you:

I could not have written a better piece if I am Temasek appointed negotiator whom I am sure is also following this forum.

My views:

Thou art Him!


THANK YOU!

better      ( Date: 07-Apr-2022 22:52) Posted:

Today' s AGM clarification is an attempt to lay all SCM ' s competitive advantages in the open.  The piece is likely written by Temasek' s negotiator to put down KC' s snake oil salesman Loh Chin Hua, who is obviously bargaining for a better exchange ratio and more cash.
 
 
 
First, it is mentioned that renewable constituted 30% of total revenue in 2021 and 43% of group net order book. In today' s environment, the greener the higher the perceived value of the entity.
 
 
 
Second, they listed some of SCM' s trophy projects.  Hornsea 2 and Sofia Offshore windfarm platforms that SCM are constructing are much bigger and more technologically advanced than those done by KOM.
 
 
 
Third, Shell Whale FPU is a trophy project that ONLY SCM can complete because of Its gaint Goliath Crane.  Also, appointed by an oil major for a start to finish FPU project is a trophy " main contractor" type of job. All KOM projects are subcontractor type of jobs. For example, Exxon engage SBM offshore (main contractor) to build a FPSO who then use KOM as a subcontractor to do part of project (topside integration).
 
 
 
Fourth, with SCM' s 100% owned LMG Marin (leading nautical architect in the world), SCM is able to execute an design and construction (start to finish) type job for all specialised marine vessel. That&rsquo s also the reason they can win the contract for the NapAnt Antarctic support vessel, another trophy project that build on LMG Marin&rsquo s expertise in designing the award winning Polar expedition cruise ship in 2020.
 
 
Fifth, previously KOM was able to boost that they are constructing a Jones Act WTIV. Now, SCM is saying that we are building a bigger and more technological advanced WTIV than KOM for Maersk (the equivalent of an oil major in the offshore support industry. Not all clients are created equal).
 
Sixth, SCM is boosting that they are likely to secure the Dorado FPSO contract, another trophy start to finish, main contractor type job.
 
Seventh, SCM have secured/ purchased a lot more green technology retrofit solutions while KOM has likely stopped investment in these areas as they are about to be sold or discarded. Why would KC throw more cash into something they are going to sell soon?
 
Eight, SCM&rsquo s repair unit is the world leader in the repair and upgrade of LNG carriers (a lot more biz coming given the Ukraine situation) and cruise vessels (a lot more biz coming as the cruise industry is definitely making a strong come back this year)
 
 
I could not have written a better piece if I am Temasek appointed negotiator whom I am sure is also following this forum.

better      ( Date: 07-Apr-2022 19:21) Posted:

Today' s AGM clarification is likely more related to the merger negotiation than answering AGM questions. I would explain the implications later.


Effectively, it has always been an acquisition. However, to give " respect" to the acquired entity if it is sizable, the corporate world usually call it merger


 
 
MANFREDTMK
    07-Apr-2022 23:50  
Contact    Quote!
Thanks bro for the clarification. You are Godsend. So blessed to have you around making everyone so Happyyyyy. No words can describe. My heartfelt appreciation and gratitude on behalf of all the professionals, veterans and novices like me as well. Never have I come across a forum with so many competent and talented professionals, perverts included. 🙏 🙏 🙏 God brought us together.

better      ( Date: 07-Apr-2022 22:52) Posted:

Today' s AGM clarification is an attempt to lay all SCM ' s competitive advantages in the open.  The piece is likely written by Temasek' s negotiator to put down KC' s snake oil salesman Loh Chin Hua, who is obviously bargaining for a better exchange ratio and more cash.
 
 
 
First, it is mentioned that renewable constituted 30% of total revenue in 2021 and 43% of group net order book. In today' s environment, the greener the higher the perceived value of the entity.
 
 
 
Second, they listed some of SCM' s trophy projects.  Hornsea 2 and Sofia Offshore windfarm platforms that SCM are constructing are much bigger and more technologically advanced than those done by KOM.
 
 
 
Third, Shell Whale FPU is a trophy project that ONLY SCM can complete because of Its gaint Goliath Crane.  Also, appointed by an oil major for a start to finish FPU project is a trophy " main contractor" type of job. All KOM projects are subcontractor type of jobs. For example, Exxon engage SBM offshore (main contractor) to build a FPSO who then use KOM as a subcontractor to do part of project (topside integration).
 
 
 
Fourth, with SCM' s 100% owned LMG Marin (leading nautical architect in the world), SCM is able to execute an design and construction (start to finish) type job for all specialised marine vessel. That&rsquo s also the reason they can win the contract for the NapAnt Antarctic support vessel, another trophy project that build on LMG Marin&rsquo s expertise in designing the award winning Polar expedition cruise ship in 2020.
 
 
Fifth, previously KOM was able to boost that they are constructing a Jones Act WTIV. Now, SCM is saying that we are building a bigger and more technological advanced WTIV than KOM for Maersk (the equivalent of an oil major in the offshore support industry. Not all clients are created equal).
 
Sixth, SCM is boosting that they are likely to secure the Dorado FPSO contract, another trophy start to finish, main contractor type job.
 
Seventh, SCM have secured/ purchased a lot more green technology retrofit solutions while KOM has likely stopped investment in these areas as they are about to be sold or discarded. Why would KC throw more cash into something they are going to sell soon?
 
Eight, SCM&rsquo s repair unit is the world leader in the repair and upgrade of LNG carriers (a lot more biz coming given the Ukraine situation) and cruise vessels (a lot more biz coming as the cruise industry is definitely making a strong come back this year)
 
 
I could not have written a better piece if I am Temasek appointed negotiator whom I am sure is also following this forum.

better      ( Date: 07-Apr-2022 19:21) Posted:

Today' s AGM clarification is likely more related to the merger negotiation than answering AGM questions. I would explain the implications later.


Effectively, it has always been an acquisition. However, to give " respect" to the acquired entity if it is sizable, the corporate world usually call it merger


 
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