| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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ckmpd1
Supreme |
12-Nov-2021 09:50
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You and I trade based on facts and fundamentals.  No profit, no contracts, price increase is artificial.  But some investors trade on hope. To each his own
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tbooncho888
Senior |
12-Nov-2021 09:45
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The way you ask this type of question, obviously you hv zero knowledge about MA...tell u also waste time lah
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weekaykee
Master |
12-Nov-2021 09:45
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SMM' s price is now being traded on HOPE  and Moving Averages.
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ICXGOLD
Master |
12-Nov-2021 09:44
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Comeback and ask after 6 months.
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weekaykee
Master |
12-Nov-2021 09:43
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Will MAs be relevant in 6 months time if SMM wins no new huge contracts between now and then?  SMM will have a life of its own just based on MAs?
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better
Elite |
12-Nov-2021 09:27
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Interesting to know. Do keep us posted on the MAs as and when they become relevant.
Heavily vested.
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dcproperty
Senior |
12-Nov-2021 09:26
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Congratulations to SMM! Thanks all shortlists too. Without them, I wont be able to get $0.082 for all my lots. Certainly, I am more than happy if they can help me short to $0.04-$0.01, for me to accumulate 50% cheaper. At that price,why not? Do let me have your targeted timeline,at $0.04, shortists Btw, I have set few alerts at $0.07 to $0.04    
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tbooncho888
Senior |
12-Nov-2021 09:23
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SM is now above its day MA60, and its day MA200 is ard 0.124, it will thus go towards that and clear it in due course....no amount of ghost story humtum analysis or shouting is going to bend the MA60 line so easily....it is the collective input of the human traders and trading machines that will dictate the ma line | ||||
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better
Elite |
12-Nov-2021 09:09
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Vito hull and topsides connectedNov. 12, 2021
Sembcorp Marine&rsquo s Tuas Boulevard Yard has completed the load-out and tandem lift of the topsides structure for Shell&rsquo s Vito FPU project in the US Gulf of Mexico
(Courtesy Sembcorp Marine)  
![]() Offshore staff SINGAPORE  &ndash   Sembcorp Marine&rsquo s Tuas Boulevard Yard has completed the load-out and tandem lift of the topsides structure for  Shell&rsquo s Vito FPU project  in the  US Gulf of Mexico. Following load-out, the topsides structure was transported via the yard&rsquo s heavy-lift vessel  Elite Prosperity  and lifted onto the FPU hull using two goliath cranes with a combined lifting capacity of 30,000 metric tons (33,069 tons) and a 100-m (328-ft) hook height. Sembcorp&rsquo s Brazilian yard Estaleiro Jurong Aracruz is performing modification and integration work on the  FPSO  P-71, which will be deployed at  Petrobras&rsquo Itapu field  offshore Brazil. The vessel is due to be delivered in 4Q 2022. The group is also continuing with pre-FID work on the circular  Cambo FPSO  which Siccar Point Energy aims to deploy west of Shetland. Sembcorp anticipates FID will follow soon |
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ckmpd1
Supreme |
12-Nov-2021 09:03
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many new contracts in the industry.  The issue is can SMM compete and win contracts? This is a chicken and the egg issue.  If cant do present job well, SMM cant win new contracts.  If cant win new contracts, SMM cant do good job.  A slide to the bottom.  SMM must break this bad cycle
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chart_expert123
Master |
12-Nov-2021 08:59
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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shipyards in vietnam, thailand, indonesia, malaysia, order books are filling close to 100% for gas platform and wind farm substation platform. Interest on building offshore drilling rigs and offshore construction vessel are still very low. Shipyards which are not filled with offshore production facilities project such as FPSO (for deep sea), Oil and Gas platform with Jackets(for shallow water), Wind farm substation platform (for shallow water) are basically losing its competitives within regional shipyards. 1.4Bil order books(SCM). vs 5.8Bil order books(Keppel) 
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ckmpd1
Supreme |
12-Nov-2021 08:21
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Interesting days ahead for SMM. The longer it takes SMM to win big contracts, the more its price will go down.  How long can SMM last without new jobs? 8c artificial floor price cant hold if no new big contracts
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ckmpd1
Supreme |
12-Nov-2021 08:14
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![]()
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ckmpd1
Supreme |
12-Nov-2021 08:12
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some mgmt get their positions not because of what they know but who they know.  The root cause of SMM' s problems is Temasek putting in the wrong people
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ckmpd1
Supreme |
12-Nov-2021 08:10
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SMM mgmt is still waiting for recovery. Some retail investors believe SMM' s propaganda and still waiting for billion dollar contracts soon and merger.  But they didnt ask why wld anyone want to award SMM contracts when they have so many problems and who wants to merge with a liability company?  Merger is likely if ordered by govt because of political considerations, not on economic merits.  Such a merger is likely to be disadvantageous to SMM because they bargain from a position of weakness rather than strength
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ckmpd1
Supreme |
12-Nov-2021 07:59
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A wise view.    Many industries have recovered. O& M too. Many companies have recovered and some are on the way. How abt SMM?  Still blaming oil price collapse, covid, manpower, logistics? The Board and mgmt shd do self reflection and do something abt their weaknesses.  Profits and contracts dont drop from the sky onto their laps. Just relying on hope will not do.
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TA_Expert
Supreme |
12-Nov-2021 07:40
Yells: "The World has changed" |
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It has nothing to do with oil price. The collapse of SMM is due to mismanagement.
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investshare
Supreme |
12-Nov-2021 07:16
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The problem is? if now is not considered recovery, then when?
Oil already so high, stock market already rebound, what is the recovery you are waiting for?
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Winnie80
Member |
12-Nov-2021 00:16
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But they have big yards and new yards. When the market recover, things should look better | ||||
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Speediman
Veteran |
11-Nov-2021 23:49
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Now that TH is the biggest shareholder, please get some old hands (eg Ex CEo Mr Tang) back to steer the company back to health.  During CB 2020, SCM have too many workers. They allowed too many workers to go without replenishing them, surprisingly Now short of workers. KOM and SCM are both linked to the mother company TH, but there is no co-operation between the 2 company during this covid crisis.    They need to pool the resouces together. Share workers, sub contract jobs, buy common material in bulk to get cheaper pricing, etc.  Current management is not suitable for this job. Remove and change them please! |
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