| Latest Forum Topics / Seatrium Last:0.091 -- |
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SEMBMARINE - A NEW CHAPTER - DEMERGED
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Timer78
Veteran |
10-Oct-2020 15:04
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Its a >30cts counter guys
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Alson18
Senior |
10-Oct-2020 14:24
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YEs..agreej..Matter of time👍
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ckmpd1
Supreme |
10-Oct-2020 14:07
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SCM is a counter worth holding on for longer term.  Dont look at the daily fluctuations.  Look at the bigger plan for SCM 
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Alson18
Senior |
10-Oct-2020 14:03
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Hv  afeeling the BB s are suppressing the price until 3rd qtr results released.. hopefully if kep corp moves higher can give SCM a lift...
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ADS2200
Veteran |
10-Oct-2020 11:12
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last few days the vol has continue to go. Yesterday increased by 16,240,700 and the short sell vol also up 8,105,200 (an increase of 2,314,900) shortsell vol increased and has not eased. price stayed at 14.7c. as the demand continue to increase, it will push toward inflection point. any drop is a good time to purchase.    |
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Thiamm
Veteran |
09-Oct-2020 17:42
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You better complete your purchase soon.  When can ppl take profit above 15c??  
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better
Elite |
09-Oct-2020 17:37
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Thankfully, despite some jostling today, sanity prevails. There seems to be enough selling from SCI retail shareholders to feed everyone and keep all parties happy. Looking forward to buy some more to keep next week at or below 15 cents. As for Keppel O& M and SMM, there seems to be some unspoken arrangement between them not to bid for the same project. Also, there is more than enough biz in offshore energy and renewable globally to go around. You get a good sense of that when you see the strategic locations of their shipyards and subsidiaries globally.   |
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naoshingo
Elite |
09-Oct-2020 14:55
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Interesting Keppel keep winning O& M projects....instead of SM.. I wonder if SM did bid for the project? Really doesn' t make sense to have 2 TH linked companies compete for the same project while driving each others' margin down..... |
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lawsershare
Senior |
09-Oct-2020 14:19
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Looks like is time for TH to study the merging proposal... :-)
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danger
Supreme |
09-Oct-2020 13:44
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Keppel Offshore & Marine (Keppel O& M) announced on Oct 9 that it has secured a contract worth approximately $600 million for the engineering, procurement and construction of a vessel for the offshore renewable energy industry.
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Alson18
Senior |
09-Oct-2020 13:20
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Another piece of Good positive news! Matter of time for price to react!👍
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better
Elite |
09-Oct-2020 12:26
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Living quarters and eigh pipe rack modules have been lifted aboard the Energean Power FPSO hull as the construction of Energean' s FPSO destined for the Mediterranean Sea progresses in Singapore. The FPSO hull is being outfitted with topside modules at SMM&rsquo s Admiralty Yard, Singapore. Once completed the FPSO will sail away to Israel, where it will be used to develop the Karish offshore gas field. The pipe rack modules are typically 25 meters long, 6 meters wide, and 14.5 meters high, and 6 meters wide, each weighing in between 120 and 210 tonnes. The Sembcorp Marine crane barge L-3601, which has a lifting capacity of 3,600 tonnes, has been used in the operations. Pipe Racks Installed - Credit: Energean
The Energean Power FPSO is scheduled to sail away from Singapore to Israel in summer 2021.  The Karish development project is on track to deliver first gas in 2H 2021. Translating to more revenue recognition to reverse delayed revenue recognition in Q2. FY2020 should be flat profit rather than a loss. Q3 Biz update in about 2-3 weeks time. |
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johnng
Supreme |
09-Oct-2020 11:31
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SMM is also tough.. 🐧 more resilent
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danger
Supreme |
09-Oct-2020 10:12
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Dozens of bids land in lucrative Petrobras tender for offshore vesselsOil giant welcomes proposals from several contractors in tender to charter AHTS units for operations off Brazil |
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ADS2200
Veteran |
09-Oct-2020 10:09
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alson18, with current happening, sellers may move over to be buyers to cover their position. 😅
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ADS2200
Veteran |
09-Oct-2020 09:45
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look at the move right now, it seems the assessment is correct. they have to force below 15c | ||||
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Alson18
Senior |
09-Oct-2020 09:39
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Matter of time should go up!!
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ADS2200
Veteran |
09-Oct-2020 09:36
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no matter what they will fight hard to push the price at 15c. they are clinging on once it crosses 15.2c, the momentum will push all the way pass 16c. both sides taking a break after huge clashes |
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ADS2200
Veteran |
09-Oct-2020 09:32
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alson18, this morning match is at 15c. no chance to cover for the shortists, they have to fight to hold the fort else if it move on to 16c. heavy losses. scm is set to move forward, and taking off. today the shortsell vol should be higher than yesterday
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danger
Supreme |
09-Oct-2020 09:23
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TODAY THE MASSIVE BUYING BULLS OUTNUMBERED THE SELLERS By 3 TO 1 | ||||
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Pipe Racks Installed - Credit: Energean