1.20 most likely at 1x book value, hold the price range for 6 months then bam keppel corp would buy up semb marine cheap cheap. It called the fair price valuatio used on nol, smrt and tigerair, using average share price for 6 months to determine offer premium. Long term investors kanna burnt big time since semb marine trade at 4 from 2010 to 2014, 75% losses for those at 4.
This downturn is much tougher and order shrink till very low.To prevent unhealthy competition to reduce repair and upgrading jobs margin further, TH this time highly likely will call for merge Keppel offshore and marine with Sembcorp marine as one.
If Sembcorp price below 1, it will smoothen the merging process without much complain.
Before reaching $1, ah gong will come in to scoop low and call for privatization.
Possible of near term small recover but unlikely to reach 1.65.
Reason is loss can be expected but in the end they turn out a profit despite this tough times 🙂 when others bankrupt or on massive 1-1 rights issue.
Mid long term, since oil expected to recover in 1 at most 2 year, you say now below $1.5 cheap no cheap, compare to ... say, junk stock Noble???
Meanwhile should be volatile and very good to trade ...
Tomorrow freak show ?
2nd qtr net profit only 11m. Total net profit decline 69% . May be below $1.40 soon
2nd qtr net profit only 11m. Total net profit decline 69% . May be below $1.40 soon
Pls don't wake him from the matrix.
HUH...2Q 2016 to 2Q 2015 comparison NET PROFIT & EARNING PER SHARE both DROP 90%1H2016 to 1H2015 comparison net profit & EPS both DROP 69%
and u see price recovering to $1.65 in the next few week...wow
Result not as bad as anticipated. Sembmarine still declare dividends, should see price recovering to $1.65 in the next few weeks.
HUH...2Q 2016 to 2Q 2015 comparison NET PROFIT & EARNING PER SHARE both DROP 90%
1H2016 to 1H2015 comparison net profit & EPS both DROP 69%
and u see price recovering to $1.65 in the next few week...wow
Result not as bad as anticipated. Sembmarine still declare dividends, should see price recovering to $1.65 in the next few weeks.
Result not as bad as anticipated. Sembmarine still declare dividends, should see price recovering to $1.65 in the next few weeks.
This downturn is much tougher and order shrink till very low.
To prevent unhealthy competition to reduce repair and upgrading jobs margin further, TH this time highly likely will call for merge Keppel offshore and marine with Sembcorp marine as one.
If Sembcorp price below 1, it will smoothen the merging process without much complain.
Before reaching $1, ah gong will come in to scoop low and call for privatization.
below 1$ can see this year...
yes, that might happen...
but before that right issue and price moves below 1$ and go for privatisation...this is what we have been seeing in the recent months...
Before reaching $1, ah gong will come in to scoop low and call for privatization.
below 1$ can see this year...
Right issue then bam whoever buy die
Wah. $1.44 stock pay $8.00 dividend. How to get ?
This is it! All sembmarine shareholders, all steady steady...At least there is a $8 dividends declared this evening.
