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SEMBMARINE - A NEW CHAPTER - DEMERGED Post Reply Rate topic
shadow11 Veteran	13-Sep-2020 10:18        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now come to think of it. Play smm is like playing Penny. Not to mention those vest at 3-5$ Even one vested at 1.80, and subscribe to rights, the loss is 60-70%. If din take up the rights , the loss is 90%.
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TA_Expert Supreme	13-Sep-2020 03:09        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	All creditors must be paid first. uiop1223      ( Date: 13-Sep-2020 00:35) Posted: Haiz... 🤦 🤦 🏻 Pls look at cashflow. How is $1.1b cash derived? $898m comes from net borrowing. If SMM is to shut down, who get paid first? Creditors or shareholders? So its misleading to claim $0.135 cash per share.... better      ( Date: 13-Sep-2020 00:02) Posted: Before the rights issue, SMM has S$1.1 billion in cash (based on 1st H 2020 results). The rights issue brought in another S$600 million, making it S$2.1 billion in total. SMM has announced earlier that it has secured assurance from the banks to rollover all existing short term debt after Temasek replace SCI as the largest shareholder (42.4% based on my calculation) after the rights issue. That works out to be $0.135 cash per share.
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SgTrader17 Elite	13-Sep-2020 00:53        SgTrader17 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope for the best. I am also vested in SCM. I only calculated for you 6 months as I deem that for this year, 2020, SCM won't get any new contracts or anything exciting enough, based on the Covid19 situation. Unless really got miracle or Temasek wants to play charity to the retail investors. But, that as said, requires a MIRACLE. For me, it is a 2 years holding period, 12 mths of 2021 and 12 mths of 2022. Nothing to expect for 2020 (my own low expectations). All the best to those still supporting SCM. naoshingo      ( Date: 12-Sep-2020 23:04) Posted: Let me elaborate..Not sure if you read properly, I stated end of H1 2021 which is by June 2021. That' s like 9 months from now.. I am not expecting it to turn profitable....if it does it will be a bonus. At least minimum, here' s what I am expecting. - Win the UK wind farm project in Q1 2021 - Maintain health cash flow / cash burn rate reduced - New project announcement - Found New buyer of existing Petrobras rig - Report better numbers versus H1 2020....H1 2020 is the worst of the situtation..anything worst than that is very bad. - some news of a merger with KC SgTrader17      ( Date: 12-Sep-2020 15:36) Posted: You are stingy, Lol. I give them two years, 2021 and 2022. Even if they want and wish to have the turnaround fast, oil prices still need time to recover and SCM still depends on Oil prices recovery as part of their contracts or projects depends on customers in oil related business. Although they are also diversifying into renewable energy which is good for their business in the future. That doesn't mean a 6 months, Lol. Maybe you can hope Temasek do something within 6 months? For SCM and Keppel marine unit. That may be possible. I am holding to my SCM shares, no meaning to sell at among the lowest in so many years. I believe many whom bought over 70 cents to $1 may have sold to move to other counters. This is normal, especially when your losses already over 70% or higher. You see no hope of recovering that % loss back and do not wish to see further evaporation of your cash value. For me, I didn't go in at 70 cents. So, I will still want to hold out and wait. Because you don't sell at the lowest. You only buy at the lowest. My personal opinions. Good luck all.
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uiop1223 Supreme	13-Sep-2020 00:35        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haiz... 🤦 🤦 🏻 Pls look at cashflow. How is $1.1b cash derived? $898m comes from net borrowing. If SMM is to shut down, who get paid first? Creditors or shareholders? So its misleading to claim $0.135 cash per share.... better      ( Date: 13-Sep-2020 00:02) Posted: Before the rights issue, SMM has S$1.1 billion in cash (based on 1st H 2020 results). The rights issue brought in another S$600 million, making it S$2.1 billion in total. SMM has announced earlier that it has secured assurance from the banks to rollover all existing short term debt after Temasek replace SCI as the largest shareholder (42.4% based on my calculation) after the rights issue. That works out to be $0.135 cash per share.
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better Elite	13-Sep-2020 00:02        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Before the rights issue, SMM has S$1.1 billion in cash (based on 1st H 2020 results). The rights issue brought in another S$600 million, making it S$2.1 billion in total. SMM has announced earlier that it has secured assurance from the banks to rollover all existing short term debt after Temasek replace SCI as the largest shareholder (42.4% based on my calculation) after the rights issue. That works out to be $0.135 cash per share.
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naoshingo Elite	12-Sep-2020 23:05        naoshingo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lol...when 15c comes...then let' s wait for 5c  danger      ( Date: 12-Sep-2020 18:18) Posted: Wait to pounce if ever 15c
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naoshingo Elite	12-Sep-2020 23:04        naoshingo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let me elaborate..Not sure if you read properly, I stated end of H1 2021 which is by June 2021. That' s like 9 months from now.. I am not expecting it to turn profitable....if it does it will be a bonus. At least minimum, here' s what I am expecting. - Win the UK wind farm project in Q1 2021 - Maintain health cash flow / cash burn rate reduced - New project announcement - Found New buyer of existing Petrobras rig - Report better numbers versus H1 2020....H1 2020 is the worst of the situtation..anything worst than that is very bad. - some news of a merger with KC SgTrader17      ( Date: 12-Sep-2020 15:36) Posted: You are stingy, Lol. I give them two years, 2021 and 2022. Even if they want and wish to have the turnaround fast, oil prices still need time to recover and SCM still depends on Oil prices recovery as part of their contracts or projects depends on customers in oil related business. Although they are also diversifying into renewable energy which is good for their business in the future. That doesn't mean a 6 months, Lol. Maybe you can hope Temasek do something within 6 months? For SCM and Keppel marine unit. That may be possible. I am holding to my SCM shares, no meaning to sell at among the lowest in so many years. I believe many whom bought over 70 cents to $1 may have sold to move to other counters. This is normal, especially when your losses already over 70% or higher. You see no hope of recovering that % loss back and do not wish to see further evaporation of your cash value. For me, I didn't go in at 70 cents. So, I will still want to hold out and wait. Because you don't sell at the lowest. You only buy at the lowest. My personal opinions. Good luck all. naoshingo      ( Date: 12-Sep-2020 14:56) Posted: Personally, I am giving SM until end of H1 2021 to perform... If SM still cannot perform better than the worst of H1 2020.... Then no choice I will have to sell.... SM is now flushed with cash, we' ll see how they deploy them
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danger Supreme	12-Sep-2020 18:18        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Wait to pounce if ever 15c
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SgTrader17 Elite	12-Sep-2020 15:36        SgTrader17 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are stingy, Lol. I give them two years, 2021 and 2022. Even if they want and wish to have the turnaround fast, oil prices still need time to recover and SCM still depends on Oil prices recovery as part of their contracts or projects depends on customers in oil related business. Although they are also diversifying into renewable energy which is good for their business in the future. That doesn't mean a 6 months, Lol. Maybe you can hope Temasek do something within 6 months? For SCM and Keppel marine unit. That may be possible. I am holding to my SCM shares, no meaning to sell at among the lowest in so many years. I believe many whom bought over 70 cents to $1 may have sold to move to other counters. This is normal, especially when your losses already over 70% or higher. You see no hope of recovering that % loss back and do not wish to see further evaporation of your cash value. For me, I didn't go in at 70 cents. So, I will still want to hold out and wait. Because you don't sell at the lowest. You only buy at the lowest. My personal opinions. Good luck all. naoshingo      ( Date: 12-Sep-2020 14:56) Posted: Personally, I am giving SM until end of H1 2021 to perform... If SM still cannot perform better than the worst of H1 2020.... Then no choice I will have to sell.... SM is now flushed with cash, we' ll see how they deploy them. ADS2200      ( Date: 12-Sep-2020 13:51) Posted: naoshingo, if what you said is true -    I believe many investment " guru" had sent whatsapp , telegram to their " students' on this once in a lifetime short opportunity....  sound scary to have such teaching which is not teaching.  scm is already in the radar of institutions. we have an individual ranked 4th followed by blackrock institution. plus all the board of directors notice the short position is rather high. did you see the last minute push up ? for the students, uncle and aunty, please beware scm is not penny stock to coloured your mind. pleazze read the company details misled sci shareholders " free scm shares" which isn' t. just take a look at the price of sci now. it is your " entitled scm shares" by the tone from some of the users asking people to sell, there is a desperate-ness or desperado. when the market turns again them strongly which will happen. do want to thank you for making the price attractive. thanks thanks thanks take note :    Temasek remains anchored in Asia, with exposure to the region of 66% as measured by underlying assets,  most  of which are in China and Singapore. watch and follow carefully and not blindly. dyodd. imho have a beautiful weekend
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des_khor Supreme	12-Sep-2020 15:18        des_khor About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tell me who is God or Market Fortune Teller in this forum ??"
x 0   x 0  Alert Admin	How much cash they have now ? naoshingo      ( Date: 12-Sep-2020 14:56) Posted: Personally, I am giving SM until end of H1 2021 to perform... If SM still cannot perform better than the worst of H1 2020.... Then no choice I will have to sell.... SM is now flushed with cash, we' ll see how they deploy them. ADS2200      ( Date: 12-Sep-2020 13:51) Posted: naoshingo, if what you said is true -    I believe many investment " guru" had sent whatsapp , telegram to their " students' on this once in a lifetime short opportunity....  sound scary to have such teaching which is not teaching.  scm is already in the radar of institutions. we have an individual ranked 4th followed by blackrock institution. plus all the board of directors notice the short position is rather high. did you see the last minute push up ? for the students, uncle and aunty, please beware scm is not penny stock to coloured your mind. pleazze read the company details misled sci shareholders " free scm shares" which isn' t. just take a look at the price of sci now. it is your " entitled scm shares" by the tone from some of the users asking people to sell, there is a desperate-ness or desperado. when the market turns again them strongly which will happen. do want to thank you for making the price attractive. thanks thanks thanks take note :    Temasek remains anchored in Asia, with exposure to the region of 66% as measured by underlying assets,  most  of which are in China and Singapore. watch and follow carefully and not blindly. dyodd. imho have a beautiful weekend
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naoshingo Elite	12-Sep-2020 14:56        naoshingo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Personally, I am giving SM until end of H1 2021 to perform... If SM still cannot perform better than the worst of H1 2020.... Then no choice I will have to sell.... SM is now flushed with cash, we' ll see how they deploy them. ADS2200      ( Date: 12-Sep-2020 13:51) Posted: naoshingo, if what you said is true -    I believe many investment " guru" had sent whatsapp , telegram to their " students' on this once in a lifetime short opportunity....  sound scary to have such teaching which is not teaching.  scm is already in the radar of institutions. we have an individual ranked 4th followed by blackrock institution. plus all the board of directors notice the short position is rather high. did you see the last minute push up ? for the students, uncle and aunty, please beware scm is not penny stock to coloured your mind. pleazze read the company details misled sci shareholders " free scm shares" which isn' t. just take a look at the price of sci now. it is your " entitled scm shares" by the tone from some of the users asking people to sell, there is a desperate-ness or desperado. when the market turns again them strongly which will happen. do want to thank you for making the price attractive. thanks thanks thanks take note :    Temasek remains anchored in Asia, with exposure to the region of 66% as measured by underlying assets,  most  of which are in China and Singapore. watch and follow carefully and not blindly. dyodd. imho have a beautiful weekend  ckmpd1      ( Date: 12-Sep-2020 12:30) Posted: For longer term investors, just hold ur positions.  No need to gamble by shortin
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ADS2200 Veteran	12-Sep-2020 13:51        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	naoshingo, if what you said is true -    I believe many investment " guru" had sent whatsapp , telegram to their " students' on this once in a lifetime short opportunity....  sound scary to have such teaching which is not teaching.  scm is already in the radar of institutions. we have an individual ranked 4th followed by blackrock institution. plus all the board of directors notice the short position is rather high. did you see the last minute push up ? for the students, uncle and aunty, please beware scm is not penny stock to coloured your mind. pleazze read the company details misled sci shareholders " free scm shares" which isn' t. just take a look at the price of sci now. it is your " entitled scm shares" by the tone from some of the users asking people to sell, there is a desperate-ness or desperado. when the market turns again them strongly which will happen. do want to thank you for making the price attractive. thanks thanks thanks take note :    Temasek remains anchored in Asia, with exposure to the region of 66% as measured by underlying assets,  most  of which are in China and Singapore. watch and follow carefully and not blindly. dyodd. imho have a beautiful weekend  ckmpd1      ( Date: 12-Sep-2020 12:30) Posted: For longer term investors, just hold ur positions.  No need to gamble by shorting naoshingo      ( Date: 12-Sep-2020 12:25) Posted: SM is now the key target for short sellers. I believe many investment " guru" had sent whatsapp , telegram to their " students' on this once in a lifetime short opportunity... So his students, Uncle and aunties will also join in the short.,.. so selling pressure will be there and fear mongers will be here...... This is the risk SM SH has to borne...
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ckh002 Member	12-Sep-2020 13:41        ckh002 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Past: Pidemco + DBS Land => CapitaLand Future: SMM + Kep Marine => *CapitalMarine*?
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AlanJpe Member	12-Sep-2020 13:34        AlanJpe About Contact  Quote this Post!
x 0   x 0  Alert Admin	at this price not worth to short now. naoshingo      ( Date: 12-Sep-2020 12:35) Posted: Yes, agree. These so called gurus are traders not investors...I also want to correct myself there. They should be called Trade " Guru" not investment. And they use CFDs to maximize the impact...and short term. For me, I will hold to my entitled SM shares... ckmpd1      ( Date: 12-Sep-2020 12:30) Posted: For longer term investors, just hold ur positions.  No need to gamble by shortin
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ckmpd1 Supreme	12-Sep-2020 12:49        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, the traders and remisier will want me to buy and sell fast and furious because they make from my commission. naoshingo      ( Date: 12-Sep-2020 12:35) Posted: Yes, agree. These so called gurus are traders not investors...I also want to correct myself there. They should be called Trade " Guru" not investment. And they use CFDs to maximize the impact...and short term. For me, I will hold to my entitled SM shares... ckmpd1      ( Date: 12-Sep-2020 12:30) Posted: For longer term investors, just hold ur positions.  No need to gamble by shortin
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halleluyah Supreme	12-Sep-2020 12:42        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lidat got more meat to short if still lossing $$$..... shadow11      ( Date: 12-Sep-2020 12:16) Posted: 12b float too big. Need to reverse split /10 times become 1.2b float. Current price 0.167. Reverse split is 1.67$. Song boh
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naoshingo Elite	12-Sep-2020 12:35        naoshingo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, agree. These so called gurus are traders not investors...I also want to correct myself there. They should be called Trade " Guru" not investment. And they use CFDs to maximize the impact...and short term. For me, I will hold to my entitled SM shares... ckmpd1      ( Date: 12-Sep-2020 12:30) Posted: For longer term investors, just hold ur positions.  No need to gamble by shorting naoshingo      ( Date: 12-Sep-2020 12:25) Posted: SM is now the key target for short sellers. I believe many investment " guru" had sent whatsapp , telegram to their " students' on this once in a lifetime short opportunity... So his students, Uncle and aunties will also join in the short.,.. so selling pressure will be there and fear mongers will be here...... This is the risk SM SH has to borne...
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ckmpd1 Supreme	12-Sep-2020 12:30        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	For longer term investors, just hold ur positions.  No need to gamble by shorting naoshingo      ( Date: 12-Sep-2020 12:25) Posted: SM is now the key target for short sellers. I believe many investment " guru" had sent whatsapp , telegram to their " students' on this once in a lifetime short opportunity... So his students, Uncle and aunties will also join in the short.,.. so selling pressure will be there and fear mongers will be here...... This is the risk SM SH has to borne...
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naoshingo Elite	12-Sep-2020 12:25        naoshingo About Contact  Quote this Post!
x 0   x 0  Alert Admin	SM is now the key target for short sellers. I believe many investment " guru" had sent whatsapp , telegram to their " students' on this once in a lifetime short opportunity... So his students, Uncle and aunties will also join in the short.,.. so selling pressure will be there and fear mongers will be here...... This is the risk SM SH has to borne...
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shadow11 Veteran	12-Sep-2020 12:16        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	12b float too big. Need to reverse split /10 times become 1.2b float. Current price 0.167. Reverse split is 1.67$. Song boh
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