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SembCorp Marine- The new Frontier.

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Tradingpal
    15-Dec-2020 20:57  
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A little birdie telling me that tomorrow SMM will cheong.
Kindly hold on and dont sell too early ya.
All the Best to SMM investors !!!
yes
 
 
Abe8888
    15-Dec-2020 19:32  
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UOB-KH
Nov 12 Upgrade!
Dec 14 Downgrade!
What has changed?
Bear is still hungry?
 

better      ( Date: 15-Dec-2020 19:24) Posted:

60 cents with some help from of the east wind a.k.a. offshore wind. A few more offshore wind projects in the bag and the financial close of UK Sofia, and we would be on our way.

 
 
better
    15-Dec-2020 19:29  
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Yes, absolutely wrong. Either unintentional but incompetent OR intentional and deceitful. You take your pick.

Abe8888      ( Date: 15-Dec-2020 19:23) Posted:

May I ask if the book value used to beat down the share price is 100% wrong? Thanks!

better      ( Date: 15-Dec-2020 19:13) Posted:

23 days to D day. 10 month target: 45 to 60 cents.


 

 
Abe8888
    15-Dec-2020 19:25  
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yea... hope the bear fell in to his own trap and the bull sh@# on it ))

Bigdaddy      ( Date: 15-Dec-2020 18:06) Posted:

today is the greatest bear trap?

 
 
better
    15-Dec-2020 19:24  
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60 cents with some help from of the east wind a.k.a. offshore wind. A few more offshore wind projects in the bag and the financial close of UK Sofia, and we would be on our way.
 
 
Abe8888
    15-Dec-2020 19:23  
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May I ask if the book value used to beat down the share price is 100% wrong? Thanks!

better      ( Date: 15-Dec-2020 19:13) Posted:

23 days to D day. 10 month target: 45 to 60 cents.

 

 
better
    15-Dec-2020 19:13  
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23 days to D day. 10 month target: 45 to 60 cents.
 
 
Bigdaddy
    15-Dec-2020 18:06  
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today is the greatest bear trap?
 
 
easywin
    15-Dec-2020 14:51  
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Most easier to short counter with very good profit 
 
 
Abe8888
    15-Dec-2020 14:48  
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So, when 3 ministers are upbeat on the Marine Sector and SMM, and yet the price is severely downbeaten, can we conclude that a false market has occurred? 
  • A false market is a financial market that inaccurately represents the reality of the situation.
  • Investors and traders rely on accurate information to make buying and selling decisions in the financial markets.
  • A false market arises when prices are manipulated and impacted by information that is not true.
  • Volatility is common in false markets as investors alter their decisions based on false information.
  • Prices can be manipulated through the spread of false information, such as incorrect financial information, misrepresentation by the media, and more.
  • SGX or MAS? is responsible for detecting and stopping false information, which can come with severe penalties.
The good part is that though False markets usually result in losses for investors and other stakeholders, it can, however, sometimes result in a profit if an investor purchases a security at a depressed price when they believe it is severely undervalued, which might be because of the false information provided on it.
 

 
Abe8888
    15-Dec-2020 13:39  
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Today (hopefully haha) may turn out to be the day the bears launch their final and failed assault.

Fret not! Reinforment is already on the way - 9th & 10th Nov and arriving soon -

https://www.straitstimes.com/business/economy/marine-and-offshore-sector-can-pivot-to-new-areas-chan


' The marine and offshore sector is facing challenging times, but it can still pivot to new areas for long-term growth, said Minister for Trade and Industry Chan Chun Sing yesterday.

During a visit to marine engineering firm Sembcorp Marine, he said: " It is perhaps a natural effect of the industry that there will be a cycle of peak and trough. Unfortunately, for us, at this point in time, we are going through a trough of the cycle, so the conditions are very challenging."

https://www.businesstimes.com.sg/government-economy/6370-jobs-available-in-singapores-manufacturing-sector-josephine-teo
" Jobseekers and workers can look forward to taking on new and higher-value job roles created as a result of marine and offshore' s ongoing transformation efforts," Mrs Teo said. These include jobs like automation engineers, data scientists and process engineers. The industry employs 77,000 workers.

And earlier (Oct 10th) Minister Ong YK was together with Maritime experts amongst them - CEO Wong WS...

3 full ministers are positive, so the bears and short sellers are mad or what?

 
 
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