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Sembmarine

$5.40?    very greedy .    :)

huat arrhhhhhhhhhhhhhhhhhhh!!

susan66      ( Date: 01-Feb-2012 19:31) Posted: Sure can, reaching soon. Me entered today also. Good luck! niuyear      ( Date: 01-Feb-2012 13:32) Posted: cheong arhhhhhhhhh Can we see peers $5?

 

OCBC on Rig Builders

http://sg-shares.blogspot.com/2012/02/rig-builders.html 

 

I think can buy SembMar today.

Entry: $4.98 and Above

Stop-Loss: $4.82

Target: $5.44

More on my Blog at Alex Trades.

Good luck.

 

Kim Eng on SembMar

http://sg-shares.blogspot.com/2012/02/sembmar.html 

 

HSBC switched out of KepCorp into SembMarine (TP $6.05). Thus SembMarine has moved up sharply by 22% vs Kepcorp up by 7% only after their report. Despite this, I continue to long Kepcorp only.

SINGAPORE, Jan 10 (Reuters) - HSBC recommends  investors buy Sembcorp Marine Ltd instead of Keppel  Corp to benefit from growing exploration activity in  oil and gas. HSBC said at a briefing on Tuesday that Sembcorp  Marine is one of its top 10 stock picks for Asia excluding  Japan.  HSBC values Sembcorp Marine at S$6.05.

" The Asia Super Ten actually switched out of Keppel Corp  into Sembcorp yesterday. The reason is we think that Sembcorp is  a purer play on that sector, while at Keppel you have more  exposure to property," HSBC's global head of equity strategy,  Garry Evans, said in Singapore.  The global demand for oil looks set to " continue on a long  term structural basis" , he said.  Keppel Corp is the world's largest rig builder but the firm  also has a large property arm. Sembcorp Marine is the world's  number two rig builder.  Evans added that because the sector is not cyclical and is  relatively cheap at the moment, such companies look attractively  valued.

 

CITI up the tgt price ? ?????????????????????????????

Are they BUYING ...

 

SMM: Citi raises TP to $5.90 from $4.76, keeps at Buy. Says despite the rise in share price, it believes improved order win prospects have yet to be fully discounted, with contracts wins having the potential to exceed consensus expectations. The house increases order book estimates by 30-40% over 2012-13E, expects a win rate of $5.5 – 6b over 2012-14, comparable to the previous peak cycle.
Reiterates that semi-sub new build demand will emerge this year and regain mkt share after years of underinvestment, underscored by the rise in day rates and sharp fall in uncharted supply.
Adds, SMM is better positioned to benefit from a resurgence in semi-subs than an up-cycle in jackups, given the popularity of its F& G rig designs.

 

Citi said it expects demand for semi-submersible rigs, an  area SembCorp is good in, to emerge this year after a long  period of under-investment.

 

Sure can, reaching soon. Me entered today also. Good luck!

niuyear      ( Date: 01-Feb-2012 13:32) Posted: cheong arhhhhhhhhh Can we see peers $5?

 

cheong arhhhhhhhhh

Can we see peers $5?

 

Cut loss triggered?

alexchia01      ( Date: 30-Jan-2012 22:53) Posted: Yap, I short SembMar today... warrenbegger      ( Date: 30-Jan-2012 22:02) Posted: Ha ha ha... I know this Sem-monkey inside out :)

 

Closed $4.97 +22c

 

typo error.  $4.76 was a good bet yesterday. Today $4.89 + 13c. Rumour of Brasil $1B contract appears to be real.

Investors expected minimum Final div = 25c (same as last FY), but IF any lesser then px will drop sharply.

Jackpot2010      ( Date: 30-Jan-2012 11:04) Posted: last FY final div was 26c + special 6c = 31c. but this FY do not expect any special div as in Keppel. Today's low = $8.76   is a good bet on Brasil's $1B contract as reported by Goldman Sachs n Nomura - Not yet confirmed by SembMarine but is likely to be true. BOSAYOR, not vested. Vested in Keppel only. tea444u      ( Date: 30-Jan-2012 01:11) Posted: hi, dividends coming..so i was wondering if it is time to pick some up if it falls come monday ?any comments? thank u..

 

guess i didnt read between the lines then.. gd luck to ur endeavor 

warrenbegger      ( Date: 30-Jan-2012 23:04) Posted: Many times the answer is already in my words, maybe u didn't notice it :) wangerism      ( Date: 30-Jan-2012 22:42) Posted: nice one warren... the question is wat would u do now?

 

Many times the answer is already in my words, maybe u didn't notice it :)

wangerism      ( Date: 30-Jan-2012 22:42) Posted: nice one warren... the question is wat would u do now?    warrenbegger      ( Date: 30-Jan-2012 22:02) Posted: Ha ha ha... I know this Sem-monkey inside out :)

 

Yap, I short SembMar today...

warrenbegger      ( Date: 30-Jan-2012 22:02) Posted: Ha ha ha... I know this Sem-monkey inside out :) warrenbegger      ( Date: 25-Jan-2012 14:10) Posted: I take fat profit run first :) Wish everyone  continue to huat big big ah! Cheers to the new year short rally :)

 

nice one warren... the question is wat would u do now? 

 

warrenbegger      ( Date: 30-Jan-2012 22:02) Posted: Ha ha ha... I know this Sem-monkey inside out :) warrenbegger      ( Date: 25-Jan-2012 14:10) Posted: I take fat profit run first :) Wish everyone  continue to huat big big ah! Cheers to the new year short rally :)

 

Ha ha ha...

I know this Sem-monkey inside out :)

warrenbegger      ( Date: 25-Jan-2012 14:10) Posted: I take fat profit run first :) Wish everyone  continue to huat big big ah! Cheers to the new year short rally :) warrenbegger      ( Date: 22-Jan-2012 17:30) Posted: Let see how high can it goes before I run road :) Wish everyone huat until siao ah! :)

 

Result out on 23rd Feb. Will they declare the same div this round? Tdy closed almost 3 % down...

Jackpot2010      ( Date: 30-Jan-2012 11:19) Posted: last FY should be 25c + 6c = 31c

 

last FY should be 25c + 6c = 31c