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SembM Re-Born Rich

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Eagle88
    29-Mar-2023 15:17  
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114 going to finish soon...
 
 
beetlejuice
    29-Mar-2023 12:57  
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Happy to see you here, old comrade.

newbie19      ( Date: 29-Mar-2023 12:27) Posted:

aragosta and me mentioned a few times..good news coming soon and just be more patience.. There are many of them here condemned about this hidden Gem But not to speculate further....just think why the whole management change?

beetlejuice      ( Date: 29-Mar-2023 10:25) Posted:

Yeah was informed by my MCU contacts that many of them got deported back to Earth-838 to face charges by Illuminati tribunal for illegal entries to Earth-616. 😬 🃏


 
 
newbie19
    29-Mar-2023 12:27  
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aragosta and me mentioned a few times..good news coming soon and just be more patience.. There are many of them here condemned about this hidden Gem But not to speculate further....just think why the whole management change?

beetlejuice      ( Date: 29-Mar-2023 10:25) Posted:

Yeah was informed by my MCU contacts that many of them got deported back to Earth-838 to face charges by Illuminati tribunal for illegal entries to Earth-616. 😬 🃏

aragosta      ( Date: 29-Mar-2023 09:54) Posted:

--- Post Removed by User ---


 

 
n3wbie
    29-Mar-2023 11:53  
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Agreed totally - another point to add is if they can also start winning contracts in the renewables space to validate the diversification and growth into the other adjacency. DBS initiation report was clear in outlining the potential opps 

Stocky901      ( Date: 29-Mar-2023 10:22) Posted:

Agreed. Need to have a very complete plan. Hope he can manage the new team well. All investors just have to be patient. ✌ ️ 👍

vicloo      ( Date: 29-Mar-2023 10:13) Posted:

That's less important... Most importantly he needs to layout restructuring plan, job cuts, merger of departments between scm n kom, tell us how much money he can save yearly. And estimate when the restructuring will complete and most important date it will turn profitable and give dividends to us (shareholders). Just like what SEA limited did (Shopee), within short 6 mths after job cuts, it reports profit for first time. That is what analysts and SH are looking for now.


 
 
vicloo
    29-Mar-2023 10:59  
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He is collecting millions of salary per year... That's his job... If he can't do it change CEO haha.....

Stocky901      ( Date: 29-Mar-2023 10:22) Posted:

Agreed. Need to have a very complete plan. Hope he can manage the new team well. All investors just have to be patient. ✌ ️ 👍

vicloo      ( Date: 29-Mar-2023 10:13) Posted:

That's less important... Most importantly he needs to layout restructuring plan, job cuts, merger of departments between scm n kom, tell us how much money he can save yearly. And estimate when the restructuring will complete and most important date it will turn profitable and give dividends to us (shareholders). Just like what SEA limited did (Shopee), within short 6 mths after job cuts, it reports profit for first time. That is what analysts and SH are looking for now.


 
 
eugesun
    29-Mar-2023 10:49  
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Yes, no cash flow issue, just need yo cut cost to make more profit...win more orders ...huat ah...may do a reverse split...current penny price does not reflect the reputation of this giant business...

ahbui8      ( Date: 29-Mar-2023 10:40) Posted:

see v high chance below 0.11 will be history liao

eugesun      ( Date: 29-Mar-2023 10:10) Posted:

Agree, political news....30 cents...lol.


 

 
ahbui8
    29-Mar-2023 10:40  
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see v high chance below 0.11 will be history liao

eugesun      ( Date: 29-Mar-2023 10:10) Posted:

Agree, political news....30 cents...lol..

datadatadata      ( Date: 29-Mar-2023 09:25) Posted:

This is old news that we all along know about. It is just another administrative communication by the Brazilian authority wand SMM Brazilian subsidiary.

To me it a non event and SMM share price should recover completely from last week the knee jerk reaction.

So this is good news


 
 
beetlejuice
    29-Mar-2023 10:25  
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Yeah was informed by my MCU contacts that many of them got deported back to Earth-838 to face charges by Illuminati tribunal for illegal entries to Earth-616. 😬 🃏

aragosta      ( Date: 29-Mar-2023 09:54) Posted:

--- Post Removed by User ---

 
 
Stocky901
    29-Mar-2023 10:22  
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Agreed. Need to have a very complete plan. Hope he can manage the new team well. All investors just have to be patient. ✌ ️ 👍

vicloo      ( Date: 29-Mar-2023 10:13) Posted:

That's less important... Most importantly he needs to layout restructuring plan, job cuts, merger of departments between scm n kom, tell us how much money he can save yearly. And estimate when the restructuring will complete and most important date it will turn profitable and give dividends to us (shareholders). Just like what SEA limited did (Shopee), within short 6 mths after job cuts, it reports profit for first time. That is what analysts and SH are looking for now.

Stocky901      ( Date: 29-Mar-2023 09:43) Posted:

He needs to explain how much cash to be put aside for the Brazilian court case if any.🧐


 
 
vicloo
    29-Mar-2023 10:13  
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That's less important... Most importantly he needs to layout restructuring plan, job cuts, merger of departments between scm n kom, tell us how much money he can save yearly. And estimate when the restructuring will complete and most important date it will turn profitable and give dividends to us (shareholders). Just like what SEA limited did (Shopee), within short 6 mths after job cuts, it reports profit for first time. That is what analysts and SH are looking for now.

Stocky901      ( Date: 29-Mar-2023 09:43) Posted:

He needs to explain how much cash to be put aside for the Brazilian court case if any.🧐

vicloo      ( Date: 29-Mar-2023 09:39) Posted:

Marching towards 0.12.... Further increase is not easy until COE Chris opens his mouth haha.... Golden mouth on re-org plan 😊 😊 😊 . Can someone call him... To remind him.


 

 
eugesun
    29-Mar-2023 10:10  
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Agree, political news....30 cents...lol..

datadatadata      ( Date: 29-Mar-2023 09:25) Posted:

This is old news that we all along know about. It is just another administrative communication by the Brazilian authority wand SMM Brazilian subsidiary.

To me it a non event and SMM share price should recover completely from last week the knee jerk reaction.

So this is good news.

cheng987      ( Date: 29-Mar-2023 09:19) Posted:

To me this is good news 


 
 
Eagle88
    29-Mar-2023 10:00  
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Once he opens his mouth, GOLD will surely flow out and the SP will surely hit the roof !!! 

vicloo      ( Date: 29-Mar-2023 09:39) Posted:

Marching towards 0.12.... Further increase is not easy until COE Chris opens his mouth haha.... Golden mouth on re-org plan 😊 😊 😊 . Can someone call him... To remind him.

beetlejuice      ( Date: 29-Mar-2023 09:36) Posted:

So is macam much ado about nothing. Those kancheong spiders last Fri probly regretted. 🕷 ️ 🕸 ️


 
 
Eagle88
    29-Mar-2023 09:56  
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Operation Car Wash - Washing car FREE for the top management? The Brazilian Office must have made tons of money from SM by buying low. LOL

slingshotpro      ( Date: 29-Mar-2023 07:20) Posted:

Singapore, 29 March 2023 ? Sembcorp Marine Ltd (the ?Company?) refers to the announcement it made on 24 March 2023, and would like to update that it has clarified with the Comptroller General of the Union (?CGU?) that the preliminary administrative proceedings for investigations commenced by CGU against its Brazilian subsidiary Estaleiro Jurong Aracruz Ltda. (?EJA?).

The proceedings relate generally to past conduct investigated by the Brazilian authorities in connection with Operation Car Wash, of which the Company has previously made announcements, the latest being the Circular to shareholders dated 31 January 2023.
Further, the CGU has not brought any civil or administrative charges against the Company or its subsidiaries. The Company will continue to cooperate and work with the Brazilian authorities

 
 
Stocky901
    29-Mar-2023 09:43  
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He needs to explain how much cash to be put aside for the Brazilian court case if any.🧐

vicloo      ( Date: 29-Mar-2023 09:39) Posted:

Marching towards 0.12.... Further increase is not easy until COE Chris opens his mouth haha.... Golden mouth on re-org plan 😊 😊 😊 . Can someone call him... To remind him.

beetlejuice      ( Date: 29-Mar-2023 09:36) Posted:

So is macam much ado about nothing. Those kancheong spiders last Fri probly regretted. 🕷 ️ 🕸 ️


 
 
vicloo
    29-Mar-2023 09:39  
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Marching towards 0.12.... Further increase is not easy until COE Chris opens his mouth haha.... Golden mouth on re-org plan 😊 😊 😊 . Can someone call him... To remind him.

beetlejuice      ( Date: 29-Mar-2023 09:36) Posted:

So is macam much ado about nothing. Those kancheong spiders last Fri probly regretted. 🕷 ️ 🕸 ️

datadatadata      ( Date: 29-Mar-2023 09:25) Posted:

This is old news that we all along know about. It is just another administrative communication by the Brazilian authority wand SMM Brazilian subsidiary.

To me it a non event and SMM share price should recover completely from last week the knee jerk reaction.

So this is good news


 

 
Stocky901
    29-Mar-2023 09:39  
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Should be above 113 in the afternoon.🤞
 
 
beetlejuice
    29-Mar-2023 09:36  
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So is macam much ado about nothing. Those kancheong spiders last Fri probly regretted. 🕷 ️ 🕸 ️

datadatadata      ( Date: 29-Mar-2023 09:25) Posted:

This is old news that we all along know about. It is just another administrative communication by the Brazilian authority wand SMM Brazilian subsidiary.

To me it a non event and SMM share price should recover completely from last week the knee jerk reaction.

So this is good news.

cheng987      ( Date: 29-Mar-2023 09:19) Posted:

To me this is good news 


 
 
Joelton
    29-Mar-2023 09:35  
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DBS, citing how ' tide is turning' , resumes coverage on Sembcorp Marine with ' buy' call and 14 cents target price
 
With the completion of the merger with Keppel Corp&rsquo s offshore and marine unit, Ho Pei Hwa of DBS Group Research has resumed coverage on Sembcorp Marine with a &ldquo buy&rdquo call and 14 cents price target, citing how the &ldquo tide is turning&rdquo .
 
In her March 28 report, Ho says that the combined entity is a &ldquo global champion with world-class yard facilities and offshore engineering capabilities&rdquo and is poised to become a &ldquo leading clean energy solutions provider&rdquo as well.
 
Citing the combined order book of more than $17 billion, Ho sees losses narrowing this current FY2023 and forming the base for the eventual turnaround in FY2024.
 
She warns of integration hiccups and costs could pose some downside risks this year, but they should be seen as one-offs.
 
&ldquo Looking beyond, we expect Sembcorp Marine to reap the synergies from the merger, on both the cost and revenue front,&rdquo says Ho.
 
Her target price of 14 cents is based on 1.2x FY23 book value, which is in line with global peers&rsquo median valuation, and an upside of some 40% from current levels.
 
&ldquo We believe 40% of the rerating potential could come from the earnings turnaround and 60% from an uplift in the valuation multiple from 1.0x PB towards 1.2x PB, on the back of the robust momentum in order wins,&rdquo adds Ho.
 
That aside, key risks include the recent news that Brazilian authorities have initiated probes into a multi-year-long case of &ldquo irregularities&rdquo involving the company&rsquo s local unit, as well as an unexpected plunge in oil prices.
 
 
datadatadata
    29-Mar-2023 09:25  
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This is old news that we all along know about. It is just another administrative communication by the Brazilian authority wand SMM Brazilian subsidiary.

To me it a non event and SMM share price should recover completely from last week the knee jerk reaction.

So this is good news.

cheng987      ( Date: 29-Mar-2023 09:19) Posted:

To me this is good news 

Stocky901      ( Date: 29-Mar-2023 08:49) Posted:

This is good news or bad news


 
 
cheng987
    29-Mar-2023 09:19  
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To me this is good news 

Stocky901      ( Date: 29-Mar-2023 08:49) Posted:

This is good news or bad news?

slingshotpro      ( Date: 29-Mar-2023 07:20) Posted:

Singapore, 29 March 2023 ? Sembcorp Marine Ltd (the ?Company?) refers to the announcement it made on 24 March 2023, and would like to update that it has clarified with the Comptroller General of the Union (?CGU?) that the preliminary administrative proceedings for investigations commenced by CGU against its Brazilian subsidiary Estaleiro Jurong Aracruz Ltda. (?EJA?).

The proceedings relate generally to past conduct investigated by the Brazilian authorities in connection with Operation Car Wash, of which the Company has previously made announcements, the latest being the Circular to shareholders dated 31 January 2023.
Further, the CGU has not brought any civil or administrative charges against the Company or its subsidiaries. The Company will continue to cooperate and work with the Brazilian authorities


 
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