Seatrium
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SembM Re-Born Rich
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5721-5740 of 6385
Look like SM need another good news for it to cross 0.125 otherwise it will hanging around 0.12 for sometimes
Well said..👏 👏 👏 👏 👏 👏
FATABA ( Date: 11-Apr-2023 09:21) Posted:
Haha, it is obvious that Chris gang is coming in and taking over....." " Paul Tan, a former chief financial controller of Keppel O& M will stand in as the acting group finance director." " "
Having 3 years of lost is it not time to have someone to look into cutting cost and taking out ALL the layers of management in SM ?
Chris will have to cut mgt slim and lean to put SM back to profitability .
N3wbie, u are right to say PAST tense haha....so in 123 or 456 mths or more ....surely SM will move back to profit w over $20B of orders.
Awaiting patiently . First let it cross the barrier of 0.122 hmm
Dyodd
n3wbie ( Date: 10-Apr-2023 20:30) Posted:
| Not sure if it matters since he is now past tens |
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Haha, it is obvious that Chris gang is coming in and taking over....." "
Paul Tan, a former chief financial controller of Keppel O& M will stand in as the acting group finance director." " "
Having 3 years of lost is it not time to have someone to look into cutting cost and taking out ALL the layers of management in SM ?
Chris will have to cut mgt slim and lean to put SM back to profitability .
N3wbie, u are right to say PAST tense haha....so in 123 or 456 mths or more ....surely SM will move back to profit w over $20B of orders.
Awaiting patiently . First let it cross the barrier of 0.122 hmm
Dyoddn3wbie ( Date: 10-Apr-2023 20:30) Posted:
Not sure if it matters since he is now past tense
share456 ( Date: 10-Apr-2023 18:53) Posted:
why he holds less than a million shares ?
totally no confidence in SCM ?
Goh holds 651,137 Sembmarine shares, and his spouse has 307,000 shares in the company. |
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Not sure if it matters since he is now past tense
share456 ( Date: 10-Apr-2023 18:53) Posted:
why he holds less than a million shares ?
totally no confidence in SCM ?
Goh holds 651,137 Sembmarine shares, and his spouse has 307,000 shares in the company.
eugesun ( Date: 10-Apr-2023 18:01) Posted:
| https://www.upstreamonline.com/finance/sembcorp-marine-finance-chief-heads-for-the-door/2-1-1431854
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why he holds less than a million shares ?
totally no confidence in SCM ?
Goh holds 651,137 Sembmarine shares, and his spouse has 307,000 shares in the company.eugesun ( Date: 10-Apr-2023 18:01) Posted:
| https://www.upstreamonline.com/finance/sembcorp-marine-finance-chief-heads-for-the-door/2-1-1431854
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not a good sign even CFO has no confidence in SCM.
look like 3rd right issue is coming.
eugesun ( Date: 10-Apr-2023 18:01) Posted:
| https://www.upstreamonline.com/finance/sembcorp-marine-finance-chief-heads-for-the-door/2-1-1431854
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120 gone out of door, 130 coming...lol...
eugesun ( Date: 10-Apr-2023 18:01) Posted:
| https://www.upstreamonline.com/finance/sembcorp-marine-finance-chief-heads-for-the-door/2-1-1431854
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https://www.upstreamonline.com/finance/sembcorp-marine-finance-chief-heads-for-the-door/2-1-1431854
Does not Help. If Today does not close at 0.12. Likely will test 0.113-0.115 in near term
👏 👏 👏 👏 👏 squeeze...
Stocky901 ( Date: 10-Apr-2023 16:00) Posted:
CDP buy in for naked starts soon
Stocky901 ( Date: 10-Apr-2023 12:53) Posted:
| Better cover fast.. afternoon short squeeze. 😏 |
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CDP buy in for naked starts soon
Stocky901 ( Date: 10-Apr-2023 12:53) Posted:
Better cover fast.. afternoon short squeeze. 😏
Michael1688 ( Date: 10-Apr-2023 12:26) Posted:
| How do you Know ? Short Sellers determine to sell down as low as possible |
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Yes that is my understanding as well - as the company wins more contracts (hopefully) the overall CAPEX requirements would rise. Would certainly welcome dividends if they can afford but they need to first get the house in order
investshare ( Date: 10-Apr-2023 13:39) Posted:
For contract, my understanding it should be managed by short term project loan and priced in , and progressive payment by customer.
n3wbie ( Date: 09-Apr-2023 23:17) Posted:
| Cost of capital is high - if they could, would rather they reinvest and reserve cash for working cap & win more contracts to grow the business (and enterprise value) which will translate to higher share price. From a total shareholder returns PoV, that would be much better for everyone. Dividends can come later - just my vie |
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For contract, my understanding it should be managed by short term project loan and priced in , and progressive payment by customer.
n3wbie ( Date: 09-Apr-2023 23:17) Posted:
Cost of capital is high - if they could, would rather they reinvest and reserve cash for working cap & win more contracts to grow the business (and enterprise value) which will translate to higher share price. From a total shareholder returns PoV, that would be much better for everyone. Dividends can come later - just my view
investshare ( Date: 09-Apr-2023 15:31) Posted:
| I hope it can start paying dividend starting next year.. |
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Yes, trending down...
Elf2000 ( Date: 10-Apr-2023 13:25) Posted:
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Don't look good...
Better cover fast.. afternoon short squeeze. 😏
Michael1688 ( Date: 10-Apr-2023 12:26) Posted:
| How do you Know ? Short Sellers determine to sell down as low as possible |
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How do you Know ? Short Sellers determine to sell down as low as possible
Back to above 0.120 in the afternoon..👍 🧐
Huat ahhh...new management team will make it happen....
vicloo ( Date: 07-Apr-2023 13:50) Posted:
Yes 14-16c is reasonable after company starts to layout its restructuring plan and start to carry them out stage by stage👍 👍
aragosta ( Date: 07-Apr-2023 11:04) Posted:
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Cant agree more, in an environment where cost of funds is high, the baseline is that your expected returns can cover that otherwise you can be EBITDA positive but end up being loss-making.
vicloo ( Date: 10-Apr-2023 07:24) Posted:
Yes, company also needs to be more conservative in project bidding. Don't bid with thin-profit margin, winning project with loss at the end or very little profit is just providing free service and wasting time. Focus on profitable projects.
n3wbie ( Date: 09-Apr-2023 23:17) Posted:
| Cost of capital is high - if they could, would rather they reinvest and reserve cash for working cap & win more contracts to grow the business (and enterprise value) which will translate to higher share price. From a total shareholder returns PoV, that would be much better for everyone. Dividends can come later - just my vie |
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