Oil px had been weakening over the past wk already. Yet, this one, n other OnG stocks too, all chionged. Classic pump n dump the last few days. Sadly, I' m sure some kena baited. SembMarine is not a 1$ stock in my view. But also no reason for the sudden spectacular rocket the last few days.
crude oil drop a lot..
crude oil drop a lot.
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Dont read too much on these reports, now is the sentiment and fever is still prevalent.
Invisible hands supporting the prices this week are still there.
Pls note that when some reputable persons(?) starting to write good things/report on SMM (or other stocks) the stock would have already run up from low. DYODD on the comfortable enter point.
| Sembcorp Marine | https://brokingrfs.cimb.com/uSEsDPvsFTfxpgvUANTCACDTshAzh2JyzUVF86zbV5t4f6uOGfP1Pgk7XveCSi71AmrVCli9MKDWJw2.pd f" target="_blank">PDF | ||||
| Burdened investment | ||||
| SMM SP / SCMN.SI | REDUCE - Maintained | S$1.32 tp:S$0.90 Mkt.Cap:US$1,974.00m | Avg.Daily Vol:US$4.58m | Free Float:37.20% Offshore & Marine Author(s):Siew Khee LIM +65 6210 8664, |
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Cosco nightmare lingers SMM&rsquo s share of Cosco Corp&rsquo s losses was S$27m as the yard issued a profit warning for a higher net loss in 3Q16 due to order cancellations, delivery delays, higher construction costs and provisions. SMM also made a S$3.8m provision for its stake in Cosco Corp (to add to the S$8.4m impairment in 2Q16). There is no clear strategy articulated on its stake in Cosco Shipyard Group or Cosco Corp but we believe the group restructuring at the China Cosco Shipping Corporation level may complicate any divestment possibility. How low can margins go? We are wary of provisions Cashflow improvement not a surprise, but still tight Maintain Reduce |
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They are just rubbish. Some I' ve read showed a shocking lack of understanding of the stocks they were writing abt. Others were out to sensationalise n were less than balanced.
these days no one bother to listen to them liao. best is do your own thinking or talk to someone who dont have an ything to gain from your buying.
Remiser has to stroke panic and greed to encourage trading (and fattening their wallets)If a remiser say your portfolio is good, and no need to buy or sell any shares, then he eat what?
Eat air ah
these days no one bother to listen to them liao. best is do your own thinking or talk to someone who dont have an ything to gain from your buying.
Remiser has to stroke panic and greed to encourage trading (and fattening their wallets)If a remiser say your portfolio is good, and no need to buy or sell any shares, then he eat what?
Eat air ah
Remiser has to stroke panic and greed to encourage trading (and fattening their wallets)
If a remiser say your portfolio is good, and no need to buy or sell any shares, then he eat what?
Eat air ah
if the remisier any good then he most likely no need to give talks le. dyodd.
Recently attended submarine remisier seminar outlook he don' t look good on this stock.....target $1.00 only.....
very likely he will allow shale oil to operate further, given now he has to prove a lot of people wrong but as a businessman he will most likely going to try to push the price up first, I guess tthat is why oil jump when the news of him taking the oval office came out. this fuel people to move back into oil, with hopes that he will push the oil back up to 70+ or at least profitable. one thing highly likely is he wont try to supress oil, thus the post below is thinking of buying at 1.45. cause at this price there is so much room for regrowth and very little downside.after all its like a pro and con thing for the investors. trump take the hot seat is going to be good for oil at the end of the day.
Recently attended submarine remisier seminar outlook he don' t look good on this stock.....target $1.00 only.....
very likely he will allow shale oil to operate further, given now he has to prove a lot of people wrong but as a businessman he will most likely going to try to push the price up first, I guess tthat is why oil jump when the news of him taking the oval office came out. this fuel people to move back into oil, with hopes that he will push the oil back up to 70+ or at least profitable. one thing highly likely is he wont try to supress oil, thus the post below is thinking of buying at 1.45. cause at this price there is so much room for regrowth and very little downside.after all its like a pro and con thing for the investors. trump take the hot seat is going to be good for oil at the end of the day.
But heard that he is going to encourage oil extraction from American soil throughout the whole country, This will increase volume of oil produced and it will depress oil price world wide.
very likely he will allow shale oil to operate further, given now he has to prove a lot of people wrong but as a businessman he will most likely going to try to push the price up first, I guess tthat is why oil jump when the news of him taking the oval office came out. this fuel people to move back into oil, with hopes that he will push the oil back up to 70+ or at least profitable. one thing highly likely is he wont try to supress oil, thus the post below is thinking of buying at 1.45. cause at this price there is so much room for regrowth and very little downside.
after all its like a pro and con thing for the investors. trump take the hot seat is going to be good for oil at the end of the day.
But heard that he is going to encourage oil extraction from American soil throughout the whole country, This will increase volume of oil produced and it will depress oil price world wide.
What has changed? Nothing. Just chng kays changing tune, that' s all. That' s the reality of the stock mkt - ruled by invisible hands way above fundamentals .....
Back by popular demands, I think Sembmarine is going to re-launch the most favourable game of investing that won over many investors, syndicates and BB's.
That is the playing range between $1.50 to $1.85. Enjoy the game! : )
Back by popular demands, I think Sembmarine is going to re-launch the most favourable game of investing that won over many investors, syndicates and BB's.
That is the playing range between $1.50 to $1.85. Enjoy the game! : )
But heard that he is going to encourage oil extraction from American soil throughout the whole country, This will increase volume of oil produced and it will depress oil price world wide.
Trump election (plus points for oil price)
1) he is anti renewable energy
2) potential Middle East instabilities?
I'd say the oil market had ran out of bullets for any worse case scenario, now let's see how trump perform
Long term, I'm bullish for oil price, I might try to load in few lots tomorrow , if I can get it at 1.45 or so
