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SembCorp Marine *Official* (SGX: S51)

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Old 21-04-2013, 11:53 PM   #46
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then after xd leh? back to $4?
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Old 22-04-2013, 12:45 AM   #47
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Base on Mr. Sinkie chart, shld be 380-90.
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Old 22-04-2013, 10:23 AM   #48
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Dunno whether to hold or cut losses for SembMar. Price hovering around 4.17 - 4.2. If cut loss now, would make quite a hefty loss.

What you bros think? To cut or not to cut. Hahha
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Old 22-04-2013, 12:04 PM   #49
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What is your avg price?
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Old 22-04-2013, 12:13 PM   #50
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$4.8+ though
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Old 22-04-2013, 12:38 PM   #51
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I presume that there are a lot of shortists in this counter.
If one gives in to them, then the price will fall lower.
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Old 22-04-2013, 10:33 PM   #52
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weekly chart shows breaking below 4.35. Will reach resistance turn support at around 4.00
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Old 22-04-2013, 10:39 PM   #53
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Release of Q1 results on 3rd May. Better wait and see first, IMO.
Market is biased towards further selling. Even if Q1 results miraculously beat expectations, technicals and sentiment don't support a break out of the downtrend channel.

I'd much rather short this stock than go long.
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Old 24-04-2013, 12:56 PM   #54
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Tomoro XD liao.
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Old 24-04-2013, 05:28 PM   #55
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Before XD 4.29 misses my target of > 4.30

Let see tomoro will start down fall due to market sentiment?
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Old 05-05-2013, 02:43 PM   #56
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Sembcorp Marine Q1 net profit up 5%

Today Online

3 May 2013

SINGAPORE – Sembcorp Marine, the world’s second-largest rig builder by volume, said Friday its first-quarter net profit rose 5 per cent to S$118.7 million on higher revenue from rig-building, the Dow Jones news agency reported.Revenue rose 11.4 per cent to S$1.05 billion.“Demand for rigs is expected to remain strong given the ageing rig fleet and the increasing focus by oil companies for new, safer and more efficient rigs, in particular high-specification rigs capable of operating in harsh and deepwater environments,” the company said in a stock exchange filing. Enquiries remain “healthy” but competition is intense and that has hurt margins, it added.Sembcorp Marine’s has a net order book stood of S$13.6 billion with completion and deliveries stretching till 2019. This includes S$1.7 billion in rig orders and offshore platform contracts secured since the start of this year.
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Old 05-05-2013, 06:41 PM   #57
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Market is biased towards further selling. Even if Q1 results miraculously beat expectations, technicals and sentiment don't support a break out of the downtrend channel.

I'd much rather short this stock than go long.
one day, you shall be right.

i remember your bearishness in stocks and bullishness in gold since a long time.
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Old 06-05-2013, 08:11 PM   #58
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Suddenly going down in today bullish market.
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Old 06-05-2013, 10:52 PM   #59
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Yah lor ... Super sianz
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Old 29-11-2013, 10:26 AM   #60
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“The long-term industry fundamentals for the offshore and marine sector remain sound underpinned by exploration activities with increasing interests in harsh environment and field development programmes. Demand for high specification and ultra-deepwater rigs with advanced technical features are expected to remain strong. SembCorp Marine with its track record and proven capabilities is well-positioned to benefit from the opportunities in this sector.”
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