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Sembmarine

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(@alan5793)
Posts: 473
Reputable Member
 

Yup... More Contracts would be Cancelled from Brazil side... Negotiation in Progress..

Posted: December 9, 2015 9:54 pm
Posted by: @victortan

I will buy this one, waiting at 1.5

 
Posted : 10/12/2015 2:25 am
(@victortan)
Posts: 1584
Noble Member
 

I will buy this one, waiting at 1.5

 
Posted : 09/12/2015 1:54 pm
(@qanghoo)
Posts: 5029
Illustrious Member
 

Haha, really the world is collapsing before their very eyes. But do they have as much as 30%.

Posted: December 9, 2015 9:19 pm
Posted by: @ysh2006

Also Cosco give profit warning loh...SMM have 30% shares...count as their sub coy....may pull down further its result after CNY...

 
Posted : 09/12/2015 1:33 pm
(@ysh2006)
Posts: 870
Prominent Member
 

Also Cosco give profit warning loh...SMM have 30% shares...count as their sub coy....may pull down further its result after CNY...

 
Posted : 09/12/2015 1:19 pm
(@sriramanv)
Posts: 1265
Noble Member
 

KC will also face the same likely...

SM can pick up less than $1 next year...

Posted: December 9, 2015 8:58 pm
Posted by: @qanghoo

But is KC facing the same problem? If not, cld there be something they did not do as well when bringing in contracts? I tend to agree they are suay. But perhaps, also relevant for them to review if there are things they cld improve going forward.
Posted: December 9, 2015 8:41 pm
Posted by: @ecekca

SMM hitting new low due to their counterparties delaying payment....which is not really SMM' s fault too.. I think they are suay...

 
Posted : 09/12/2015 1:01 pm
(@qanghoo)
Posts: 5029
Illustrious Member
 

But is KC facing the same problem? If not, cld there be something they did not do as well when bringing in contracts? I tend to agree they are suay. But perhaps, also relevant for them to review if there are things they cld improve going forward.

Posted: December 9, 2015 8:41 pm
Posted by: @ecekca

SMM hitting new low due to their counterparties delaying payment....which is not really SMM' s fault too.. I think they are suay...

 
Posted : 09/12/2015 12:58 pm
(@ecekca)
Posts: 2315
Noble Member
 

SMM hitting new low due to their counterparties delaying payment....which is not really SMM' s fault too.. I think they are suay...

 
Posted : 09/12/2015 12:41 pm
(@qanghoo)
Posts: 5029
Illustrious Member
 

Haha, will it mtp one day?

Posted: December 9, 2015 10:41 am
Posted by: @showmemoneyp

With such news piling up, the price is going down much too slowly than expected. I think many still think that it will go back up ' eventually'

 
Posted : 09/12/2015 6:04 am
(@earlybird14)
Posts: 7677
Illustrious Member
 

next year, after 4Q result release in Feb, dividend will be cut or even suspended, if suspended, share price will badly hit.

Posted: December 9, 2015 10:41 am
Posted by: @showmemoneyp

With such news piling up, the price is going down much too slowly than expected. I think many still think that it will go back up ' eventually'

 
Posted : 09/12/2015 4:44 am
(@earlybird14)
Posts: 7677
Illustrious Member
 

Based on available 800mio cash, it will be better for Sembmar to reserve the cash for this difficult period, every rig easily cost 200 to 600mio, the order book around 12bil, still has 2 shipyards under construction,

Posted: December 9, 2015 10:26 am
Posted by: @qanghoo

This yr, div how many cts? Next yr, maybe SMM report loss, div also burnt?
Posted: December 9, 2015 10:21 am
Posted by: @granto

Look away now...

Helix Energy becomes latest to delay delivery from Sembcorp Marine: http://splash247.com/helix-energy-becomes-latest-to-delay-delivery-from-sembcorp-marine/


 
Posted : 09/12/2015 4:40 am
(@showmemoneyp)
Posts: 95
Trusted Member
 

With such news piling up, the price is going down much too slowly than expected. I think many still think that it will go back up ' eventually'

 
Posted : 09/12/2015 2:41 am
(@qanghoo)
Posts: 5029
Illustrious Member
 

This yr, div how many cts? Next yr, maybe SMM report loss, div also burnt?

Posted: December 9, 2015 10:21 am
Posted by: @granto

Look away now...

Helix Energy becomes latest to delay delivery from Sembcorp Marine: http://splash247.com/helix-energy-becomes-latest-to-delay-delivery-from-sembcorp-marine/

 
Posted : 09/12/2015 2:26 am
(@granto)
Posts: 399
Reputable Member
 

Look away now...

Helix Energy becomes latest to delay delivery from Sembcorp Marine: http://splash247.com/helix-energy-becomes-latest-to-delay-delivery-from-sembcorp-marine/

 
Posted : 09/12/2015 2:21 am
(@qanghoo)
Posts: 5029
Illustrious Member
 

Their beefing up of this area of their core business has been a saving grace at a time when one problem after another seems to crop up without end in the rig building sector. Without this, maybe result for 2015 will be a bigger shock.

Posted: December 8, 2015 11:49 pm
Posted by: @littleones

Sembcorp Marine repairs record 34 LNG vessels this year

http://www.straitstimes.com/business/companies-markets/sembcorp-marine-repairs-record-34-lng-vessels-this-year

 
Posted : 08/12/2015 9:48 pm
(@littleones)
Posts: 268
Reputable Member
 

Oil is going to US$60 per barrel in 2016

How Much Longer Can Saudi Arabia' s Economy Hold Out Against Cheap Oil?

http://www.bloomberg.com/news/articles/2015-08-21/how-much-longer-can-saudi-arabia-s-economy-hold-out-against-cheap-oil-

Posted: December 8, 2015 9:41 pm
Posted by: @alan5793

Omg... Oil price going further down again......next strong support would b $32....
Posted: December 8, 2015 4:47 pm
Posted by: @earlybird14

风 水 轮 流 转 , not a surprise, 1997, we gonna, 2008 they gonna, 2016-2017? Our turn. The cycle is always unavoidable

 
Posted : 08/12/2015 3:53 pm
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