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SembCorp Marine- The new Frontier.

there is total radio silence regarding good things abt SMM.  basically nothing good except maybe merger.  Even then merger may turn out to be bad deal for SMM.  Beggars cant be choosers

 

Well said!

Is there anything good abt SMM?  I would like to hear. 

But losing $600+m in six months is a fact.  Lack of manpower is a fact. supply chain problem is a fact.  Completion date over run is a fact

chart_expert123      ( Date: 16-Nov-2021 13:18) Posted: What is good? Show us. pkli899      ( Date: 16-Nov-2021 13:03) Posted: As I said earlier. they choose to show the bad stuff, ignoring the good entirely. Just to oppose la.

 

For those who analyse that SMM will go below 7c between nov to Mar 2022, of cse they wont buy at 8.5c.  But i am surprised by those who believe that SMM will go to 12.4c and 30c yet dare not buy at 8.5c 

 

Where is your 6c, 7c after MGO? Show us. Hahaha.

chart_expert123      ( Date: 16-Nov-2021 13:18) Posted: What is good? Show us. pkli899      ( Date: 16-Nov-2021 13:03) Posted: As I said earlier. they choose to show the bad stuff, ignoring the good entirely. Just to oppose la.

 

What is good? Show us.

pkli899      ( Date: 16-Nov-2021 13:03) Posted: As I said earlier. they choose to show the bad stuff, ignoring the good entirely. Just to oppose la.  Longtermer      ( Date: 16-Nov-2021 12:35) Posted: Not like this... Why only put out mkt cap numbers to say its cheap or expensive? How about comparing the debts, NAV, cash on hand etc to see the whole picture before and post rights.  Cheers.

 

The reason why you continue to talk down SM is because you advise others to short at 7.9 cents while you stay on the sidelines and hence doesn't feel the pain. If you match your words with deeds, you will be licking your wounds and won't talk down anymore. The pain will wake you up. Equally, the ones who dare to buy at 8 cents will feel the pain and the joy. Given they are right, they will not stop to educate you

MANFREDTMK      ( Date: 16-Nov-2021 13:09) Posted: You changed the topic. You said to Short at 7.9 cents and buy back at 4 to 5 cents. Not short at 30 or 20 cents. Cannot constantly shift the goal poles lah. Like that, forever you are right and those who dares to go in at 8 cents are wrong ckmpd1      ( Date: 16-Nov-2021 12:53) Posted: console yourself that it is a paper loss of 21.5c.  But the loss is rea

 

For those who think SMM will go to 12.4c, SMM is cheap at 8.5c.  But not many are buying.  Why leh?

 

I congratulate those who sold SMM at 20c in mid 2020 and are sitting on cash.  They refused to go in even at 8c, despoe making a bundle and have always said that 7c, 6c, 5c are coming for SMM.  Cash is king.  No need to rush in above 7c.
 

 

You changed the topic. You said to Short at 7.9 cents and buy back at 4 to 5 cents. Not short at 30 or 20 cents. Cannot constantly shift the goal poles lah. Like that, forever you are right and those who dares to go in at 8 cents are wrong

ckmpd1      ( Date: 16-Nov-2021 12:53) Posted: console yourself that it is a paper loss of 21.5c.  But the loss is real ckmpd1      ( Date: 16-Nov-2021 12:52) Posted: How can someone who bought SMM at 30c and holding it now at 8.5c be correct? How can anyone who sold SMM at 20c and sitting on cash be wrong when SMM is now 8.5c

 

I feel SMM definitely needs a merger with KOM.
Many brothers here also waiting for it to happen, thats why all holding now

Temasek not so stupid to let it die after dumping in so much cash also. They will push both sides to make it happen
If merger fails, share price of SMM should drop unless they get big contracts / new opportunities for growth

Im guessing even in a merger, lets say for they offer a premium price.. doubt it will be high like 12cents as estimated by the IFA.. probably around 9-10cents?
 

 

As I said earlier. they choose to show the bad stuff, ignoring the good entirely.
Just to oppose la. 

Longtermer      ( Date: 16-Nov-2021 12:35) Posted: Not like this... Why only put out mkt cap numbers to say its cheap or expensive? How about comparing the debts, NAV, cash on hand etc to see the whole picture before and post rights.  Cheers.   chart_expert123      ( Date: 16-Nov-2021 11:17) Posted: Target 4-5 cents with Market cap of 1.4 bil(billions, at 4-5cents, scm is not cheap at all)

 

console yourself that it is a paper loss of 21.5c.  But the loss is real

ckmpd1      ( Date: 16-Nov-2021 12:52) Posted: How can someone who bought SMM at 30c and holding it now at 8.5c be correct? How can anyone who sold SMM at 20c and sitting on cash be wrong when SMM is now 8.5c? ckmpd1      ( Date: 16-Nov-2021 12:50) Posted: The longists are sweating. They paid 30c for SMM.  It is 8.5c no

 

How can someone who bought SMM at 30c and holding it now at 8.5c be correct?

How can anyone who sold SMM at 20c and sitting on cash be wrong when SMM is now 8.5c?

ckmpd1      ( Date: 16-Nov-2021 12:50) Posted: The longists are sweating. They paid 30c for SMM.  It is 8.5c now weekaykee      ( Date: 16-Nov-2021 12:44) Posted: Look at the chart. How can the " long ones" be proven correct. SMM is still in a long term downtrend.

 

The longists are sweating. They paid 30c for SMM.  It is 8.5c now

weekaykee      ( Date: 16-Nov-2021 12:44) Posted: Look at the chart. How can the " long ones" be proven correct. SMM is still in a long term downtrend.  MANFREDTMK      ( Date: 16-Nov-2021 12:43) Posted: Absolutely correct, no one can fool the market. The market simply shows which camp is correct. Until today, the Long Ones are still correct, and hmm getting Longer, not Shorte

 

There are some here who sold SMM at 20c, 30c in mid 2021.  There are some here who bought SMM at 12.4c, 30c, 40c.

Those who sold are sitting on cash and waiting to see what happens to SMM in 2020.

Those who bought SMM at 12c, 30c, 40 are sweating and hoping for a merger.

No need to guess who sold SMM at 20c and who bought SMM at 30c

As of 16 Nov, guess which group is laughing and which group is getting desperate.  The divide will get more profound in a  few months time.

 

nobody talk about NAV and Market Cap for Amazon, Tesla or even our Shoppee. because, their prospects are future potential and business is still in growth and expansion, so NAV and Market cap cannot be used to measure the share value of the companies.

NAV, Gear Ratio and Market cap are used to measure SCM. Why? because it is the only measurement for a company which is at the edge of bankruptcy to measure how long it can sustain or dong only.

Time is count down. The financial result that disclose is a past tense, so balance sheet just get worse only.

Share price reflect future and potential, 4-5cents is potential....

MANFREDTMK      ( Date: 16-Nov-2021 12:36) Posted: Precisely, Market cap is simply price times quantity. Look at the price will do because it reflects the price per share. They are the same thing. So the question is, with so much cash in the bank account, is the price reasonable, ignoring all other financial metrics to simplify matters for you. Comparatively, in the previous RIGHTS Issue, around $1.5b of the Rights proceed was used to rescue SCI by paying off this debt to them, which explained why SCI shot up exponentially. But this time round, most of the Rights proceed is intact. So when you are talking the Price being very overvalued, you miss the context. To simplify, if today, you start a business and you inject $100 cash for 10 shares, then the price of each share should be worth at least $10 intrinsically. Subsequently, the price depends on whether the company makes profit or loss. BUT BASED ON TODAY, IT SHOULD BE WORTH $10. This explained the anomaly. Even more importantly, when you look at other financial metrics like gearing and NAV, this share is attractive if not seductive. Of course today, you will have some luck in your calling, but I can tell you it's an aberration. After a few more days, you will regret if you still don't go in today late afternoon.

 

Look at the chart. How can the " long ones" be proven correct. SMM is still in a long term downtrend. 

MANFREDTMK      ( Date: 16-Nov-2021 12:43) Posted: Absolutely correct, no one can fool the market. The market simply shows which camp is correct. Until today, the Long Ones are still correct, and hmm getting Longer, not Shorter ckmpd1      ( Date: 16-Nov-2021 12:37) Posted: absolute truth! we are here to share our opinions.  Anyone who thinks he can move the market by posting on SJ is duping himsel

 

Absolutely correct, no one can fool the market. The market simply shows which camp is correct. Until today, the Long Ones are still correct, and hmm getting Longer, not Shorter

ckmpd1      ( Date: 16-Nov-2021 12:37) Posted: absolute truth! we are here to share our opinions.  Anyone who thinks he can move the market by posting on SJ is duping himself weekaykee      ( Date: 16-Nov-2021 12:32) Posted: Comments in Sharejunction cannot move the market, whether it is made by shortists, BBs, etc, if these people realy bother visiting this forum.

 

absolute truth!

we are here to share our opinions. 

Anyone who thinks he can move the market by posting on SJ is duping himself

weekaykee      ( Date: 16-Nov-2021 12:32) Posted: Comments in Sharejunction cannot move the market, whether it is made by shortists, BBs, etc, if these people realy bother visiting this forum.  ICXGOLD      ( Date: 16-Nov-2021 10:27) Posted: Look more like they are deaperate, made a stupid decision to short at 8 cents hoping for it to goto 4 cents. Now desperately trying to spam the price down so they can cover their short and get out

 

Precisely, Market cap is simply price times quantity. Look at the price will do because it reflects the price per share. They are the same thing. So the question is, with so much cash in the bank account, is the price reasonable, ignoring all other financial metrics to simplify matters for you. Comparatively, in the previous RIGHTS Issue, around $1.5b of the Rights proceed was used to rescue SCI by paying off this debt to them, which explained why SCI shot up exponentially. But this time round, most of the Rights proceed is intact. So when you are talking the Price being very overvalued, you miss the context. To simplify, if today, you start a business and you inject $100 cash for 10 shares, then the price of each share should be worth at least $10 intrinsically. Subsequently, the price depends on whether the company makes profit or loss. BUT BASED ON TODAY, IT SHOULD BE WORTH $10. This explained the anomaly. Even more importantly, when you look at other financial metrics like gearing and NAV, this share is attractive if not seductive. Of course today, you will have some luck in your calling, but I can tell you it's an aberration. After a few more days, you will regret if you still don't go in today late afternoon.