with US markets on holiday, trading will be light in Asia markets..
good run up by semb mar..
opening ard $4.4
congrats to those who bought cheap below $4.2
gd luck dyodd
4.42 up 4% today..
CHIONG AH!
gd luck dyodd
buy low sell high
ozone2002 ( Date: 21-Nov-2012 10:16) Posted:
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" Sembmar needs a white candle" ??? how abt the Volume vs price
White candle consists of many types ( full, 3/4, 1/2, 1/4)
So, which one?
The offshores were mostly trading higher yesterday. Kepcorp lead the surge as it closed with 1.6% higher. Its support at 10.00 level was immediately confirmed yesterday and it tested the immediate resistance level of 10.17 level.
If the bullish strength continues, Kepcorp will likely to test the next resistance of 10.28 level.
Sembmar also managed to close higher yesterday. It might have confirmed its support at 4.10 level, its candle pattern yesterday shows its reluctance to trade higher.
Sembmar needs a white candle to be formed today in order for it to have more strength to head towards its resistance at 4.34 level.
Sembcorp was the tyrant of this sector yesterday. Not only it had reversed the gains from the gap up opening, it also reversed its previous day’s gains. It could be probably due to its resistance at 4.93 level and is unable to break it.
However, the oversold indication from RSI and Stochastic should help Sembcorp to limit its downside and push its attempts for rebound.
Overall, the offshores are sustaining well and will probably not drag STI lower today.
[Trading Central] Sembcorp Marine: the downside prevails.
19 Nov 2012 09:41
Update on supports and resistances.
| Short Term View (Rise, Limited Rise, Consolidation, Limited Decline, Decline) |
Limited Decline |
|---|---|
| Change In Short Term View | None |
| Medium Term View (Bullish, Range, Bearish) |
Range |
| Change In Medium Term View | None |
Pivot: 4.4
Our preference: Short positions below 4.4 with targets @ 3.65 & 3.3 in extension.
Alternative scenario: Above 4.4 look for further upside with 4.65 & 4.77 as targets.
Comment: as long as 4.4 is resistance, likely decline to 3.65.
Key levels
4.77
4.65
4.4
4.16 last
3.65
3.3
3
Copyright 1999 - 2012 TRADING CENTRAL

Click to view chart in actual size.
let's got semb mar 4.26!
buy on bad news (low) sell on good news (high)
go go go
gd luck dyodd
In 2001, this stock I bot was already too exp that time.
The major turn is th $6.00 profit taking period before their unfamous unauthorised forex case follow by the global meltdown.
Most penny players would had sold by then for almost 1000% profit WoW!!!
And there were alot of upgrading from local brokerage house such as ocbc, db s and etc,  first time they announce the rig order due to high demand to replace the damaged ones in texas.
But some old bird argue, sembmar build and repair rigs in the 1980s. not veri sure.
year 2001.
bh704428 ( Date: 20-Nov-2012 20:12) Posted:
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which yr did u bot at 45 cts?!
krisluke ( Date: 20-Nov-2012 18:25) Posted:
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I think iscould be the ME news , some good news on fiscal cliff and most of all it year end liao... ...
bbwolf82 ( Date: 20-Nov-2012 09:34) Posted:
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14 cents below the psy lv at 400 cents
I bot at 45 cents, 85 cents and 104 cents many many years ago.
Still holding it
Will add the most another  5 lots at 385/6 depending on econonmy outlook, company incomes and contract type... ...
It becomes too cosy to hold one kind of stock..
bbwolf82 ( Date: 19-Nov-2012 09:22) Posted:
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May 2013 .... ....
It is a call for profit taking and both eyes view on the new yards $$ income
prior the next move ? ????
krisluke ( Date: 19-Nov-2012 13:46) Posted:
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The offshores closed slightly higher yesterday.
Sembcorp lead the rebound as it confirms its bullish reversal candle. Currently, it is facing a minor resistance at 4.86 level and if the bullish strength continues, Sembcorp will likely to test 4.93 level.
Sembmar tried to catch up with Sembcorp in terms of its bullishness. However, Sembmar ended its day with a black inverted hammer which could be a possible bullish reversal point.
In order for Sembmar to confirm the reversal, it must trade above 4.18 level today. If that happens, Sembmar might be able to rebound towards 4.32 level to test it as resistance.
Kepcorp also struggled to rebound yesterday and it is starting to show that its support is starting to form. If Kepcorp is able to close higher than 10.06 level today, it will likely to rebound towards its resistance at 10.22 level.
Overall, the offshores will likely to continue to attempt rebounding today.
Suddenly up..
Any reason?
In may 2013, phase 1 to be completed.  Workers quarters, workshop, guard house, check point, bin centre  and office are now in the progress of mid construction.  The remaining 2 phases will spend another 12 years to be built. It cost them about sgd 58,000,000 to build.
Jalan Samulun (only doing ship repair) will be shifted there once building construction work completed.
left hand pass to right hand, the $ is still within " sembcorp" pocket.
The architect consultancy is from ST Architects... ...
Sembcorp Marine Finalizes Accommodation Semisub Deal with Prosafe
Sembcorp Marine’s subsidiary Jurong Shipyard (JSPL) and Prosafe AS said Monday that they have finalized a contract for JSPL to build the second unit of a new generation harsh-environment accommodation semi-submersible.
The contract, worth $295.2 million, follows the letter of intent announced by the two companies earlier in October.
Sembcorp said in a statement Monday that the 450-person capacity rig, designed based on the GVA 3000F design with a DP3 (dynamic positioning) system as well as a 12 point mooring arrangement, is scheduled for delivery by the end of 2014. Sembcorp added that the rig will be suitable for harsh environment operations in the Norwegian Continental Shelf.
In the contract, JSPL had granted two additional options to Prosafe for future newbuilds. Including the option previously granted last year, Prosafe now has a total of three options for accommodation semi newbuilds at JSPL
Any suggestion on a good price to enter?
Anothing since it's now very obvious you this penniless moronic kid have no money and you cannot even stomach the impending steep drop in your vested 1 lot of sembmarine, it's better you cut loss your 1 lot of sembmarine or you'll die very young from your nervous worrying about your imminent increased paper loss for your miserable  vested 1   lot of sembmarine share.
As for me, I had already posted earlier I'll be VERY HAPPY if sembmarine will fall towards $3 in the next few months becos my remaining 95% of bullets will be standing by to buy more(but you this penniless kid moron cannot comprehend simple english in my this earlier remark in my that earlier post)
 
NGBC6666 ( Date: 18-Nov-2012 17:42) Posted:
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You this penniless moronic fresh  school dropout kid cannot even read simple english.
I posted I'm now 95 % cash and waiting to buy blue chips in the imminet correction coming within the next few months, hence for sembmarine I'm vested 3 lots 1st batch. Only stupid people such as you this moron will dump all yr all into sembmarine when STI is still at high above 2900.
Just like in late 2008 many smart investors buy in batches blue chips at various STI levels till early 2009, where got stupid people dump all to buy at one instant?
When I posted a fact that sembmarine always falls more than SGX , TELCOS , banks in a correction, you this cry-baby penniless kid cannot take it and you start peeing in yr pants liao. You this cry-baby penniless kid want people to say yr 1 lot vested sembmarine is now bottomed oredi and very resilient and will fly next month to $6.
 
NGBC6666 ( Date: 18-Nov-2012 17:42) Posted:
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Uncle WCC, from the way/ style you wrote, the phrases/ words you used and the mannerism you presented, you are the one who is worried and kancheong. Why so nervous and defensive? Relax lah, it is bad for your health!!
Vested in 3 lots only??!! Obviously you are a very small and nervy and kancheong player. Relax lah, SembMar will come back one, don't be so worried! Ai zai (Hokkien, be calm), OK? FYI, I am not holding SembMar, so you are dead wrong!!! I just think that your postings are too simplistic and absurd and that is a need for me to remind you that you are overly generalizing things.
I am not responding to your future posts any more as it is not worth to do that. When I walk on the road, if I see dog poop, I will avoid them. Hope you understand where I am coming from.
In a forum, everyone should have the right to voice his or her views. No matter how good or how rich you are, you have no right to assume other people have no money or holding power or knowledge in shares and worse still, insult other people that they have no money or holding power or knowledge in shares. How can you be so sure, uncle? Merely from one's postings you can tell all these? Are you a fortune teller (even fortune teller do not have that kind of power)? So I think you are basically a rude, insecure, kancheong, worried, nervous, ultra sensitive, childish, naive, etc, etc, person. You are afraid to lose your hard-earned savings, is it? You are having insomnia, is it? My advice to you is: if you cannot afford to lose, do not play shares. Once you play shares, you must prepare to lose, understand?!
Relax and stay calm, OK? Then you will be fine, Childish and Kancheong uncle! 
whencanchange ( Date: 18-Nov-2012 13:27) Posted:
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