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SEMBMARINE - A NEW CHAPTER - DEMERGED

Agree. Temasek manages public funds. It is not a charity, it cant be frivolous

SteveJobless      ( Date: 18-Mar-2022 14:52) Posted: Remember SMRT! How much premium over the traded price when it was delisted? Managing expectation is important. SMRT was a monopoly business, and SMRT was running the trains with a daily  voluminous business on an all cash payment basis only. Yet SMRT SHs did not get much when SMRT was delisted. Is SM running a monopoly business and have similar daily voluminous cash receipts? If not, and if TH wants to delist SM, I tend to believe that the offer price will be far from attractive.    PHInsider63      ( Date: 18-Mar-2022 12:14) Posted: MGO @ 0.08 was customary cos TH had crossed the threshold. 2nd rights was proposed based on worst of worst case scenario and this almost happened but salvaged by the improving manpower issues. 3rd rights will not be necessary as this year shall be very profitable, possible of dividends, cashflow positive. TH shall take it private if 3rd rights is needed.

 

Remember SMRT! How much premium over the traded price when it was delisted? Managing expectation is important. SMRT was a monopoly business, and SMRT was running the trains with a daily  voluminous business on an all cash payment basis only. Yet SMRT SHs did not get much when SMRT was delisted. Is SM running a monopoly business and have similar daily voluminous cash receipts? If not, and if TH wants to delist SM, I tend to believe that the offer price will be far from attractive.   

PHInsider63      ( Date: 18-Mar-2022 12:14) Posted: MGO @ 0.08 was customary cos TH had crossed the threshold. 2nd rights was proposed based on worst of worst case scenario and this almost happened but salvaged by the improving manpower issues. 3rd rights will not be necessary as this year shall be very profitable, possible of dividends, cashflow positive. TH shall take it private if 3rd rights is needed. ckmpd1      ( Date: 18-Mar-2022 11:59) Posted: Last year, when I opined that SCM will be short of money, the possibility of 3rd RI in three years is very real, explained why TH wld offer MGO of 8c and not 14 as some speculated, many called me sour grapes, fear monger and threatened me.  Gangsterism and nasty mob behaviour.  They have itchy ears and only want to hear what they like

 

Agree.  In the share market, we can win or lose.  It is our decision to buy, hold or sell.  No one is compelled to buy or sell.  If we make the wrong judgement, we shoulder responsibilty for that decision 

SteveJobless      ( Date: 18-Mar-2022 14:35) Posted: Refer to the " Disclaimer" statement at the end of page of each and every announcement. Will investors who made money return their profits. Conversely, investors who lost money won' t be compensated. The shares were purchased or sold voluntarily. In such kind of lawsuit (if any), the losing investors will just lose more money paying their lawyers for something that cannot be won in the first place. honesty      ( Date: 18-Mar-2022 11:55) Posted: patiently waiting for our regulators to bring HF ex directors,financial controllers and OL if they committed any wrongdoings to justice, been a long time, many shareholders suffered irreversible mental and financial damage. if regulators and governent are in this loop, please provide an update since there is already a group chipping in to mount a law suit. with 2 fronts of attack, its time to give the victims/investors an answe

 

Refer to the " Disclaimer" statement at the end of page of each and every announcement. Will investors who made money return their profits. Conversely, investors who lost money won' t be compensated. The shares were purchased or sold voluntarily. In such kind of lawsuit (if any), the losing investors will just lose more money paying their lawyers for something that cannot be won in the first place.

honesty      ( Date: 18-Mar-2022 11:55) Posted: patiently waiting for our regulators to bring HF ex directors,financial controllers and OL if they committed any wrongdoings to justice, been a long time, many shareholders suffered irreversible mental and financial damage. if regulators and governent are in this loop, please provide an update since there is already a group chipping in to mount a law suit. with 2 fronts of attack, its time to give the victims/investors an answer ckmpd1      ( Date: 18-Mar-2022 11:32) Posted: Yes.  TH mgmt is paid to manage our sovereign fund wisely. not to bail out hyflux or SCM which has been losing billion

 

Nice 👍
This is hardcore truth and even Better will not disagree

ckmpd1      ( Date: 18-Mar-2022 13:14) Posted: Temasek holds abt 50% of SCM.  The strategic objective of Temasek is perhaps not to let SCM go under and will try to keep it going as it employs many singaporeans and supports many industries.  Critical to see it survive. One way to support SCM is to use public fynds to take it private. Another way is to find other sources of funds.  Time will confirm what TH will do ahbui8      ( Date: 18-Mar-2022 13:03) Posted: No matter what is a fact that TH already poured 1.2 billion hard cash into SM

 

Temasek holds abt 50% of SCM.  The strategic objective of Temasek is perhaps not to let SCM go under and will try to keep it going as it employs many singaporeans and supports many industries.  Critical to see it survive.

One way to support SCM is to use public fynds to take it private. Another way is to find other sources of funds.  Time will confirm what TH will do

ahbui8      ( Date: 18-Mar-2022 13:03) Posted: No matter what is a fact that TH already poured 1.2 billion hard cash into SM. ckmpd1      ( Date: 18-Mar-2022 11:32) Posted: Yes.  TH mgmt is paid to manage our sovereign fund wisely. not to bail out hyflux or SCM which has been losing billion

 

No matter what is a fact that TH already poured 1.2 billion hard cash into SM.

ckmpd1      ( Date: 18-Mar-2022 11:32) Posted: Yes.  TH mgmt is paid to manage our sovereign fund wisely. not to bail out hyflux or SCM which has been losing billions SteveJobless      ( Date: 18-Mar-2022 11:06) Posted: Absolutely correct, TH is not running as SPCA, althought they have done SPCA works in other countries

 

We agree to disagree and we disagree to agree.
No problem, bro.
We are all out to make money not make enemies.

Chagataii      ( Date: 18-Mar-2022 12:52) Posted: Never thought I say this to PHI but he is Correct PHInsider63      ( Date: 18-Mar-2022 12:51) Posted: First Rights: Once bitten Second Rights: Twice shy Third Rights: Twice bitten, PRIVATISED!

 

Never thought I say this to PHI but he is Correct

PHInsider63      ( Date: 18-Mar-2022 12:51) Posted: First Rights: Once bitten Second Rights: Twice shy Third Rights: Twice bitten, PRIVATISED!

 

First Rights: Once bitten
Second Rights: Twice shy
Third Rights: Twice bitten, PRIVATISED!

 

MGO @ 0.08 was customary cos TH had crossed the threshold.

2nd rights was proposed based on worst of worst case scenario and this almost happened but salvaged by the improving manpower issues.

3rd rights will not be necessary as this year shall be very profitable, possible of dividends, cashflow positive.

TH shall take it private if 3rd rights is needed.

ckmpd1      ( Date: 18-Mar-2022 11:59) Posted: Last year, when I opined that SCM will be short of money, the possibility of 3rd RI in three years is very real, explained why TH wld offer MGO of 8c and not 14 as some speculated, many called me sour grapes, fear monger and threatened me.  Gangsterism and nasty mob behaviour.  They have itchy ears and only want to hear what they like  SteveJobless      ( Date: 18-Mar-2022 11:33) Posted: I think it is because ckmpd1 has been scolded and " threatened" by others in this forum several times.

 

1 lot = 1,000 shares. 2mil lot x 1,000 = 2bil shares x $0.09 per SM share current price = $180mil. You are circuiting in the wrong forum. 

Chagataii      ( Date: 18-Mar-2022 12:02) Posted: I have more then 2 million lots in Sembmarine also I Kena lol 😂 some want to send me Russia some more whoa lao 😳

 

I have more then 2 million lots in Sembmarine also I Kena lol 😂 some want to send me Russia some more whoa lao 😳

 

Last year, when I opined that SCM will be short of money, the possibility of 3rd RI in three years is very real, explained why TH wld offer MGO of 8c and not 14 as some speculated, many called me sour grapes, fear monger and threatened me.  Gangsterism and nasty mob behaviour.  They have itchy ears and only want to hear what they like 

SteveJobless      ( Date: 18-Mar-2022 11:33) Posted: I think it is because ckmpd1 has been scolded and " threatened" by others in this forum several times.  TigerPlay      ( Date: 18-Mar-2022 11:00) Posted: Why scold pp? This is a free open forum. PP can have their own thinking, does not need to follow anybody veiw mah. we dun go around scold those pp who said SCM is now good, going back to recovery, to good old days mah.They have the right to think that way if they wish, we dun scold them right? So, to each his own and to each his view, dun go around scold pp if they think SCM cannot make it and there are better counters hor. Someone mention we dun bet and like betting table dun go around and tell those who bet negative thing, funny analogy...this is a forum not a betting den. we just sharing experience and encounters only

 

patiently waiting for our regulators to bring HF ex directors,financial controllers and OL if they committed any wrongdoings to justice, been a long time, many shareholders suffered irreversible mental and financial damage. if regulators and governent are in this loop, please provide an update since there is already a group chipping in to mount a law suit. with 2 fronts of attack, its time to give the victims/investors an answer

ckmpd1      ( Date: 18-Mar-2022 11:32) Posted: Yes.  TH mgmt is paid to manage our sovereign fund wisely. not to bail out hyflux or SCM which has been losing billions SteveJobless      ( Date: 18-Mar-2022 11:06) Posted: Absolutely correct, TH is not running as SPCA, althought they have done SPCA works in other countries

 

I think it is because ckmpd1 has been scolded and " threatened" by others in this forum several times. 

TigerPlay      ( Date: 18-Mar-2022 11:00) Posted: Why scold pp? This is a free open forum. PP can have their own thinking, does not need to follow anybody veiw mah. we dun go around scold those pp who said SCM is now good, going back to recovery, to good old days mah.They have the right to think that way if they wish, we dun scold them right? So, to each his own and to each his view, dun go around scold pp if they think SCM cannot make it and there are better counters hor. Someone mention we dun bet and like betting table dun go around and tell those who bet negative thing, funny analogy...this is a forum not a betting den. we just sharing experience and encounters only. ckmpd1      ( Date: 18-Mar-2022 09:02) Posted: Agree.  But there are many losers here who were caught with SCM at 50c, 40c, 30 still hoping for the glorious days of SCM at $5.  They are angry and will scold others who speak the trut

 

Yes.  TH mgmt is paid to manage our sovereign fund wisely. not to bail out hyflux or SCM which has been losing billions

SteveJobless      ( Date: 18-Mar-2022 11:06) Posted: Absolutely correct, TH is not running as SPCA, althought they have done SPCA works in other countries. simpleguy123      ( Date: 18-Mar-2022 09:06) Posted: Thank you for your kind words. I just feel the need (and i caution) to do real research and not base alot of things on what i feel (my idea of a perfect logical world) will happen. Of course TH needs to win, but let us not forget they are an investor (as an entity). And an average investor has a portfolio, plus each investor has a very different view of what is a "win" and what is a "loss". So TH view of a"win" in Sembcorp Marine might be different from an average retailer

 

Absolutely correct, TH is not running as SPCA, althought they have done SPCA works in other countries.

simpleguy123      ( Date: 18-Mar-2022 09:06) Posted: Thank you for your kind words. I just feel the need (and i caution) to do real research and not base alot of things on what i feel (my idea of a perfect logical world) will happen. Of course TH needs to win, but let us not forget they are an investor (as an entity). And an average investor has a portfolio, plus each investor has a very different view of what is a "win" and what is a "loss". So TH view of a"win" in Sembcorp Marine might be different from an average retailer. SteveJobless      ( Date: 18-Mar-2022 08:36) Posted: Your wisdom in understanding TH is an asset and is highly commendable. If there are more like you, less people will get caught senselessly.

 

Totally agree with you., Those who disagree with us will scold us for rumour mongering.  Others will chase us out saying if we are not vested in SCM we shd not comment.  For all they know, some of us were much more invested than they are.  They are nasty and arrogant.  This is a public forum.  we say our views provided we are not obnoxious, not vulgar.   

TigerPlay      ( Date: 18-Mar-2022 11:00) Posted: Why scold pp? This is a free open forum. PP can have their own thinking, does not need to follow anybody veiw mah. we dun go around scold those pp who said SCM is now good, going back to recovery, to good old days mah.They have the right to think that way if they wish, we dun scold them right? So, to each his own and to each his view, dun go around scold pp if they think SCM cannot make it and there are better counters hor. Someone mention we dun bet and like betting table dun go around and tell those who bet negative thing, funny analogy...this is a forum not a betting den. we just sharing experience and encounters only. ckmpd1      ( Date: 18-Mar-2022 09:02) Posted: Agree.  But there are many losers here who were caught with SCM at 50c, 40c, 30 still hoping for the glorious days of SCM at $5.  They are angry and will scold others who speak the trut

 

Why scold pp? This is a free open forum. PP can have their own thinking, does not need to follow anybody veiw mah. we dun go around scold those pp who said SCM is now good, going back to recovery, to good old days mah.They have the right to think that way if they wish, we dun scold them right? So, to each his own and to each his view, dun go around scold pp if they think SCM cannot make it and there are better counters hor.
Someone mention we dun bet and like betting table dun go around and tell those who bet negative thing, funny analogy...this is a forum not a betting den. we just sharing experience and encounters only.

ckmpd1      ( Date: 18-Mar-2022 09:02) Posted: Agree.  But there are many losers here who were caught with SCM at 50c, 40c, 30 still hoping for the glorious days of SCM at $5.  They are angry and will scold others who speak the truth simpleguy123      ( Date: 18-Mar-2022 08:30) Posted: Perfectly summed up. I think there are lots of bag hodlers in this stock. Because singaporeans are generally realistic and pragmatic: "If i lose then lose lor. I just take it as i was screwed, and move on" I used to make myself feel better, thinking that "TH must save face blah blah blah...". I realized that TH won't give a damn about what the people think(positive/negative) of them, and that was me providing myself with false assurances lol