Seatrium
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SEMBMARINE - A NEW CHAPTER - DEMERGED
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Even if their prime focus is on SCI, TH would at the very least try to get back their investment in SCM, regardless of it being a sunset industry. Either they go it alone with SCM or try to get a better price by packaging it together with KOM.
TH is not going to sit by the side and let SCM go bankrupt so easily and quickly. They will make an attempt to resuscitate it and in the process we can expect some corporate moves which will likely push its price beyond 20cts.
218ehclim ( Date: 22-Sep-2020 16:38) Posted:
Agree but TH owns more than 43% now. It is 78% so do you think they will let SCM rots?
Longtermer ( Date: 22-Sep-2020 16:25) Posted:
Be steady.. NAV 30c.
TH owns 43% and demerger is their Sembawang Singapore plan..
Hold tight and you will see the fruits.. soon.
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No logic it would take so long when the world is already consolidating and its already in ICU n urgently need cost cutting n efficiency to survive
Bry_2004 ( Date: 22-Sep-2020 16:54) Posted:
consolidation of the industry (between SMM and Keppel Offshore) is most likely something that would be carried out at some point..
but the huge question here is when it is going to be..assuming its 1 or 2 years later, would that mean that SMM share price will continue going south till then?
and even with such news that may create a rebound...based on that further depressed price then..will that rebound be even anywhere near the current share price of SMM?
(i.e slide 50% over the next 1 to 2yrs..rebound 10 to 20% on merger news after)
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KC has been divesting for quite some time now..to have less reliance on its o& g unit..it probably acknowledged that it is a sunset industry..hence they proactively seeked other revenue sorces..
personally, i think KC board was uninterested in Temasek having majority withink KC, as the last thing they need is more Offshore units (from SMM), hence they opted to declare all impairments in the last quarter..
they could always declare those impairments at a later date..
dealingroom88 ( Date: 22-Sep-2020 16:53) Posted:
KC with o&g under its belt also suffering. TH also doing nothing and its portfolio shrink?
Bry_2004 ( Date: 22-Sep-2020 16:42) Posted:
Looking at it from another perspective..let both rot by staying together, or let 1 rot and the other flourish by splitting them?
Temasek may be a huge fund, but as with most investors..there are bound to be a few losses within its portfolio..there are a nbr if such flops along the years that i am sure most of you should be aware of...they would just earn it back from other counters/ investments and maintain overall profitability..
No matter how big the fund is, if its a sunset industry, it is..it is quite impossible to change such trend |
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consolidation of the industry (between SMM and Keppel Offshore) is most likely something that would be carried out at some point..
but the huge question here is when it is going to be..assuming its 1 or 2 years later, would that mean that SMM share price will continue going south till then?
and even with such news that may create a rebound...based on that further depressed price then..will that rebound be even anywhere near the current share price of SMM?
(i.e slide 50% over the next 1 to 2yrs..rebound 10 to 20% on merger news after)
KC with o&g under its belt also suffering. TH also doing nothing and its portfolio shrink?
Bry_2004 ( Date: 22-Sep-2020 16:42) Posted:
Looking at it from another perspective..let both rot by staying together, or let 1 rot and the other flourish by splitting them?
Temasek may be a huge fund, but as with most investors..there are bound to be a few losses within its portfolio..there are a nbr if such flops along the years that i am sure most of you should be aware of...they would just earn it back from other counters/ investments and maintain overall profitability..
No matter how big the fund is, if its a sunset industry, it is..it is quite impossible to change such trends
dealingroom88 ( Date: 22-Sep-2020 16:33) Posted:
| Need to ask ourselves the intention of TH cutting off smm from sci? Just to let sci flourish n let smm rot? |
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Looking at it from another perspective..let both rot by staying together, or let 1 rot and the other flourish by splitting them?
Temasek may be a huge fund, but as with most investors..there are bound to be a few losses within its portfolio..there are a nbr if such flops along the years that i am sure most of you should be aware of...they would just earn it back from other counters/ investments and maintain overall profitability..
No matter how big the fund is, if its a sunset industry, it is..it is quite impossible to change such trends
dealingroom88 ( Date: 22-Sep-2020 16:33) Posted:
| Need to ask ourselves the intention of TH cutting off smm from sci? Just to let sci flourish n let smm rot? |
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Agree but TH owns more than 43% now. It is 78% so do you think they will let SCM rots?
Longtermer ( Date: 22-Sep-2020 16:25) Posted:
Be steady.. NAV 30c.
TH owns 43% and demerger is their Sembawang Singapore plan..
Hold tight and you will see the fruits.. soon.
weekaykee ( Date: 22-Sep-2020 16:20) Posted:
| Looks like no support. All the way down to 0 cents |
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Need to ask ourselves the intention of TH cutting off smm from sci? Just to let sci flourish n let smm rot?
anyway I wish u good luck bro Long💪 Longtermer ( Date: 22-Sep-2020 16:25) Posted:
Be steady.. NAV 30c.
TH owns 43% and demerger is their Sembawang Singapore plan..
Hold tight and you will see the fruits.. soon.
weekaykee ( Date: 22-Sep-2020 16:20) Posted:
| Looks like no support. All the way down to 0 cents |
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Bought some more today at $0.149 in the morning
SMM is like a gift that keeps giving.
Hope to buy more in the next few weeks.
This counter is too exciting. Stay tuned!
Be steady.. NAV 30c.
TH owns 43% and demerger is their Sembawang Singapore plan..
Hold tight and you will see the fruits.. soon.
weekaykee ( Date: 22-Sep-2020 16:20) Posted:
Looks like no support. All the way down to 0 cents?
Battle123 ( Date: 22-Sep-2020 16:09) Posted:
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Don' t say so far China 长 城 , 还 没 到 Sentosa 以 经 💩 toilet paper please ADS2200 ( Date: 22-Sep-2020 15:50) Posted:
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Looks like no support. All the way down to 0 cents?
Battle123 ( Date: 22-Sep-2020 16:09) Posted:
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SO STRONG..STILL HOLD ABOVE 0.140. EVEN LOSS MAKING WITHOUT BUSINESS VISIBILITY N CONTRACTS AWARDED.. STAFF & MAINTENANCE COSTS STILL RUNNING.
U say leh. Now still testing day Low. Today close day Low. Tomorrow test another all time Low again?
Battle123 ( Date: 22-Sep-2020 16:09) Posted:
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got support ??
不 到 长 城 非 好 汉
Vaccine may not have immediate and as much effect on SCM as it would have on hotel, travel related stocks.
NT1825 ( Date: 22-Sep-2020 15:43) Posted:
| If vaccine is approved, will this stock rocket up ? |
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jin kolian. pray " accumulation" hold $0.14
If vaccine is approved, will this stock rocket up ?
