HWZ Forums

Login Register FAQ Mark Forums Read

SembCorp Marine *Official* (SGX: S51)

Like Tree280Likes
Reply
 
LinkBack Thread Tools
Old 12-02-2018, 11:24 PM   #886
Supremacy Member
 
Join Date: Feb 2009
Posts: 6,355
Reminds individual investors donít invest because you need to invest...
Konnichiwa is offline   Reply With Quote
Old 13-02-2018, 06:48 AM   #887
Senior Member
 
Join Date: Feb 2004
Posts: 2,309
If privatization is on the cards, the selldown reminds me of NOL and GLP price actions. The BBs deliberately push the price down significantly 2-3 days before announcement to flush out weak holders.

Let's wait and see.
Letís pray u r right.
homedriver is offline   Reply With Quote
Old 13-02-2018, 09:04 AM   #888
High Supremacy Member
 
s-ghost's Avatar
 
Join Date: Jan 2010
Posts: 34,740
anyone entering?
s-ghost is online now   Reply With Quote
Old 13-02-2018, 04:36 PM   #889
Senior Member
 
Join Date: Sep 2017
Posts: 1,479
http://www.businesstimes.com.sg/comp...monday-selloff
Hot stock: SembMarine up 5.5% at S$2.5 following late Monday selloff
Tue, Feb 13, 2018 - 10:20 AM Navin Sregantan navinsre@sph.com.sg

SEMBMARINE'S shares have soared during trading on Tuesday with the oil and gas firm's stock price trading up S$0.13, or 5.5 per cent, at S$2.5 as at 10am.
This comes on the back of the company receiving a query from the Singapore Exchange over a 12 per cent fall in its stock price in the last 20 mins of trading hours on Feb 12.
SembMarine responded that it was not aware of any information or possible explanation for the unusual trading activities.
Following the selloff on Monday, DBS Equity Research maintained its "buy" rating on SembMarine and maintained its target price of $3.10 on Tuesday.
DBS noted that Norwegian petroleum conglomerate Statoil could announce this week its choice of contractor to provide the topside of floating production, storage and offloading (FPSO) vessel for its Johan Castberg development in the Barents Sea.
SembMarine, which secured the contract to build the hull and living quarters for the Castberg FPSO in December 2017; has also been involved in the bidding, and the prospect of SembMarine playing a role should not be ruled out, DBS said in its research note.
While industry sources emphasised that no outright winner has emerged for the work, Norway's Kvaerner appears to have the upper hand in getting the job of carrying out topside construction and integration management for the FPSO.
However, DBS cited that industry sources estimate that the topside construction and integration jobs, which could be worth more than US$1 billion, could be split into two awards, which may be good news for SembMarine.
Commenting on the stock's selloff on Monday evening, DBS maintained that the likelihood of a corruption scandal involving the oil and gas firm is low, the rights issue to augment balance sheet or the possibility of weak fourth-quarter earnings (due on Feb 21) are less likely to trigger such a selloff.

price link: http://www.shareinvestor.com/fundame...counter=S51.SI
Jupiter2017 is offline   Reply With Quote
Old 13-02-2018, 08:38 PM   #890
Supremacy Member
 
SibehEng's Avatar
 
Join Date: Dec 2006
Posts: 9,653
Yesterday those panic sell one will hit chest?
SibehEng is online now   Reply With Quote
Old 13-02-2018, 08:58 PM   #891
Senior Member
 
Join Date: Jul 2010
Posts: 606
Yesterday those panic sell one will hit chest?
Probably but thatís how the market works. Someone wins means someone must lose, itís a zero sum game.
weng0202 is offline   Reply With Quote
Old 13-02-2018, 09:09 PM   #892
Senior Member
 
Join Date: Feb 2004
Posts: 2,309
Yesterday those panic sell one will hit chest?
Tomorrow how it go?
homedriver is offline   Reply With Quote
Old 13-02-2018, 11:04 PM   #893
Supremacy Member
 
SibehEng's Avatar
 
Join Date: Dec 2006
Posts: 9,653
Tomorrow how it go?
Not sure but I will probably sell if it hit 2.7 thought. Take some kopi money have a gd cny.

Almost tempted to sell ytd when it was sliding down furiously. In the end decide to take a gamble and hold on since no special news came out and my avg still have tiny profit to buffer.

Hopefully before I reach my tp. No hidden bad news came out.
SibehEng is online now   Reply With Quote
Old 19-02-2018, 11:01 AM   #894
Supremacy Member
 
awful999's Avatar
 
Join Date: May 2008
Posts: 5,603
2.62, up 10 cents, bull run resume ??
awful999 is offline   Reply With Quote
Old 21-02-2018, 08:13 PM   #895
Senior Member
 
Join Date: Feb 2004
Posts: 2,309
Tomorrow cham liao
homedriver is offline   Reply With Quote
Old 21-02-2018, 08:37 PM   #896
Supremacy Member
 
awful999's Avatar
 
Join Date: May 2008
Posts: 5,603
Tomorrow cham liao
why leh ?
awful999 is offline   Reply With Quote
Old 21-02-2018, 08:57 PM   #897
Member
 
Join Date: Aug 2010
Posts: 158
tomorrow should be going down...
feel that it will hit 2.10 in a few days. cham liao.
puppey is offline   Reply With Quote
Old 21-02-2018, 09:02 PM   #898
Senior Member
 
Join Date: Jan 2018
Posts: 2,428
CNY say cham cham cham ?
Mergui219067 is offline   Reply With Quote
Old 21-02-2018, 09:08 PM   #899
Senior Member
 
Join Date: Feb 2004
Posts: 2,309
why leh ?
Result not good
homedriver is offline   Reply With Quote
Old 22-02-2018, 03:54 PM   #900
Supremacy Member
 
awful999's Avatar
 
Join Date: May 2008
Posts: 5,603
really cham cham cham down 12.9% now
awful999 is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On