Seatrium (formerly known as SembCorp Marine) *Official* (SGX: S51)

Carnage

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Sembmarine cash reserve has been falling greatly due to set up yard in brazil.

Riaising cost in new yard, hard to find skilled workers. Competition from china and korea ship builder going into rig builder. And lastly thin profit margin on each contract won.

This make people very fearful.
This is very true regarding the margins compression. Go ask your friends working as engineers in this industry. Their bonus are likely to be cut compared to last year.
 

remy3413

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Everywhere also rising cost, there are other factors to see whether its a buy or sell
 

cheong79

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First lowest was in Nov 12 at 4.11

Can start to buy in when touches around that area.
 

cheong79

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KEPPEL CORPORATION LIMITED
1Q 2013 REPORT CARD

1. Net profit decreased 56% to S$331 million, compared to 1Q 2012’s S$751 million.
2. Earnings per Share of 18.4 cents, down 56% from 1Q 2012’s 41.9 cents.
3. Annualised Return on Equity of 13.9%.
4. Economic Value Added decreased from S$654 million to S$191 million.
5. Cash outflow of S$732 million.
6. Net gearing of 0.26x.

Surely tis result will indirectly affect sembmar, more downslide coming. By the way, is tis the recent result?
 
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