| Latest Forum Topics / Seatrium Last:0.091 -- |
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Sembmarine_Green is the new gold_a better future
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better
Elite |
03-Dec-2021 20:06
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You might notice that BT and Straits Times are now very prompt in reporting positive news on Sembmarine. Patrick Daniel, the interim CEO of SPH Media Trust is now also on the executive Committee of SCM' s board.
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chart_expert123
Master |
03-Dec-2021 19:58
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Really have no sympathy for scm board management, all must go.
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chart_expert123
Master |
03-Dec-2021 19:57
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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2 months burnt 540mio cash and left 960mio. If the cash burnt to pay local contractors and employees, that's fine since temasek money shall be for such usage. End up all spent on paying all these high paid Norwegian consultants companies and Brazilian shipyard in Brazil who sued scm for corruption compensation. Temasek really have to step in to shut down all these funny subsidiary and stop bleeding.
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chart_expert123
Master |
03-Dec-2021 19:51
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Green ammonia is produced with hydrogen derived from water electrolysis powered by renewable sources of energy such as wind and solar, making it an environmentally-friendly fuel.
Since when, which country in the world can produce extra wind and solar power for making hydrogen through water electrolysis👏 👏 👏 really a genius discovery when natural gas price hit 7 times in Europe due to insufficient energy for heating and electricity. 👏 👏 👏
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chart_expert123
Master |
03-Dec-2021 19:43
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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🤣 🤣 🤣 now you all know why the cash burnt so fast from your rights contributions🤣 🤣 🤣 | ||||
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pkli899
Supreme |
03-Dec-2021 19:31
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Thanks for the info. Not bad at all, considering it' s just for design.
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pkli899
Supreme |
03-Dec-2021 19:27
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Very futuristic. 
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better
Elite |
03-Dec-2021 19:22
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My estiamte- S$10-20mil
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MANFREDTMK
Master |
03-Dec-2021 18:42
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Thanks for the technical informations. You are an all-rounder. 👏 👏 👏
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ttbanthony
Veteran |
03-Dec-2021 18:26
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Thanks better bro.
But I blur after reading your chim explanation You are the man. Very knowledgeable. But what is the estimated value for this contract?
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ahbui8
Master |
03-Dec-2021 18:19
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The key word of the announcement is " WORLD FIRST " if BBs buy the potential future, SCM will trade above 9cts next week.
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better
Elite |
03-Dec-2021 18:13
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Thanks for waiting. Since Sembmarine bought over LMG Marin, LMG Marin have been winning more specialised ship building contracts as they are able to tap onto Sembmarine' s engineering capability, in this case their expertise in ammonia fuel. The ammonia tanker might or might not be eventually built by Sembmarine, but the design fees will definitely help to pay the expensive salaries of the naval architects and engineers. Having a strong engineering bench is a pre-requisite to be a tier 1 global solution provider. Keppel OM seems to have given up in this area as Keppel is not willing to invest in an entity they are planning to sell. Ongoing, Sembmarine and its subsidiaries like Sevan SSP and LMG Marin are likely to take part in more FEEDs, concept studies and design contracts which many would result in new build contracts at Sembmarine like the Napant arctic research vessel. This design contract is widely reported in the media and once again reinforced Sembmarine' s status as a leading green maritime tech solution provider. Green is the new gold.
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blackpearl
Member |
03-Dec-2021 17:21
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pkli899
Supreme |
03-Dec-2021 16:06
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LOL.....long neck can see far.
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ttbanthony
Veteran |
03-Dec-2021 16:04
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Waiting for better bro to comment
Bro better, can give your views? I wait until my neck long now.
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pkli899
Supreme |
03-Dec-2021 15:42
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This contract is for design of the tanker only? 500 m to 1 Bn? Cannot be that high right?   |
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MANFREDTMK
Master |
03-Dec-2021 15:17
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Precisely, it is analogous to saying that Toyota cars being produced in Thailand implies that the Thais have the technology to produce Toyota cars. Far from it.
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better
Elite |
03-Dec-2021 14:31
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Not true. In terms of technological capability, SCM is on par or with the Korean trios: Hyundai heavy, Samsung heavy and DSME. Better than them in the " Green" technology. Technologically, second tier are Keppel OM and 2-3 China yards. Yards in Vietnam and Thailand are doing mostly platforms and are owned/ joint ventures with European players like Aker Soluttions etc. 
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weekaykee
Master |
03-Dec-2021 14:20
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No wonder they have won so many contracts.
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chart_expert123
Master |
03-Dec-2021 13:55
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Vietnam and Thailand can build too. What proud of?
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