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Sembmarine
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krisluke
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01-Aug-2012 17:13
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SMM
SMM: Credit Suisse expects 2Q12e operating profit of $180m (1Q12: $120m). The house forecasts an operating margin of 13-14%, citing KEP's sequential decline in underlying O& M margin in 2Q12.
This compares with consensus/mgt's expectations of 15% margins and above. Bloomberg consensus tips 2Q12e net profit of $167m. SMM results are due tmrw.
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ozone2002
Supreme |
23-Jul-2012 11:04
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According to Upstream, Petrobras is set to award contracts worth c. US$4.5bn for the construction of topsides for 6 of 8 replica FPSO vessels over the next few days. The contracts for the remaining 2 units will be awarded in the next 18 months. These were the potential contracts we have highlighted previously. Among the shortlisted yards reported to be receiving these contracts imminently are Keppel Corp and Sembcorp Marine, apart from 4 other players - DM Construtora de Obras /TKK Engenharia, IESA Oleo e Gas, Tome Engenharia/Ferrostaal Industrieanlagen, Mendes Jr Trading Engenharia/OSX Construção Naval. Each unit is expected to worth c
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tiancai007
Master |
20-Jul-2012 19:15
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Are you betting on the 2nd qn results?
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New123
Elite |
20-Jul-2012 11:51
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shorted sembmarine | |||||||
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GuavaXF30
Master |
20-Jul-2012 09:53
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Mood quite bearish despite DOW and Euro seeming to settle down. May not be a good sign. Apart from the few local events (Heinekan and APB, F& N) most others are in the red. Think Yogi is still hanging around the woods....
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lowchia
Veteran |
19-Jul-2012 21:34
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On Thursday, Sembmar re-test the support at $4.94 and closed at $4.96 with HIGH volume of 6.58 million shares traded. Three black candles occurred in the last three days.  Although these candles were not big enough to create three black crows, the steady downward pattern is bearish. RSI & MACD are flat as RSI trend sideways. Important Resistance of Sembmar: $5.05 Immediate Support of Sembmar: $4.94 Currently prices are supported by 20/50 days MA at $4.94 Since 4/July, prices have been consolidating  ...........    READ MORE   |
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krisluke
Supreme |
18-Jul-2012 11:14
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krisluke
Supreme |
18-Jul-2012 10:13
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Keppel and Sembcorp to benefit from new Brazilian orders21 rigs are awaiting the big shipping lines by 12 September. According to CIMB, favourable newsflow on Petrobras rigbuilding orders appears  imminent for the shipyards as Upstream reported that Sete Brasil could ink the final contracts for the remaining 21 rigs by 12 September.  Here's more from CIMB: The publication also suggested that  SMM has received the LOI for the  remaining five drillships worth  S$5bn. This follows Keppel’s Apr 12  announcement of the LOI for five  semi-subs (S$5.2bn).  Our top pick is SCI as it is less Upstream reported that Sete Brasil  has signed LOIs with four shipyards  to build the remaining 21 rigs. The  shipyards are Keppel BrasFELS,  Odebrecht, Sembcorp Marine’s  Estaleiro Jurong Aracruz and  Engevix. Petrobras is also expected  to sign the back-to-back charters  with Sete Brasil between July and  September 2012. We believe that final construction  contracts with the shipyards could  coincide with Petrobras’s signing of  charter contracts. There has been no announcement from Sembcorp Marine on the LOI as we think that pricing negotiations could still be ongoing, with room for improvement. Success in clinching Petrobras orders should put the Singapore yards on track for our 2012 contract wins target of S$9.2bn for Keppel and S$10.2bn for Sembcorp Marine. |
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ozone2002
Supreme |
18-Jul-2012 09:58
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Watch out for SembMar & Kepcorp securing contracts in the coming months Petrobras approves construction of 6 semisubs more projects on the horizon which could provide near term catalysts for Keppel Corp and SembCorp Marine Petrobras has approved the construction of 6 newbuild semisubmersibles in a contract with Sete Brasil. We believe this could signal impending conversion of Keppel Corp’s existing LOI into a firm contract, a positive near term catalyst, in our view. We believe this latest development also implies that we could be approaching the tail-end of Petrobras’ protracted 28- rig contracting process, and that SembCorp Marine could also announce firm orders for the remaining 5 Petrobras drillships. We believe this could be worth c. US$4bn. Separately, Upstream reported that contract signing for the chosen yards will now take place between July and September 2012. Apart from the 28-rig newbuilding programme, we note more Petrobras-related projects on the horizon. These include fabrication and integration contracts for 8 Petrobras-owned FPSOs and integration work for 2 chartered Petrobras-bound FPSOs. We believe KEP and SMM are keen contenders for
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niuyear
Supreme |
16-Jul-2012 11:26
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wow cheong arhhhhhhhhhh 5.85 to $6.00   
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KepcorpSembmar
Member |
14-Jul-2012 19:45
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$5.50 to $6 target before 1st half results ! | |||||||
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GuavaXF30
Master |
09-Jul-2012 15:19
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Not surprising after DOW's showing with the jobs data. But like you said, this counter is not for punters. It's a fact. Waiting for price to drop further to pick up again. Likely to see test at 4.50 level if DOW down another round tonight.
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ozone2002
Supreme |
09-Jul-2012 11:23
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semb mar dropped 15c or  3%  to 4.9 on failure  to break the gap resistance.. |
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ozone2002
Supreme |
06-Jul-2012 10:01
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from DBS.....for those who buy for value...short term players can ignore Stock Picks – Large Cap Rec’n Price ($) 5/7 Target Price ($)
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GuavaXF30
Master |
04-Jul-2012 14:36
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4.99 done. It's now no longer " if" SMM crosses 5.00 but how much more. Well-done to those who longed last few weeks.
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ozone2002
Supreme |
03-Jul-2012 09:45
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let me rephrase.. sembmar gap covered..have to break above this gap resistance to move further.. may reverse if gap resistance not broken  
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krisluke
Supreme |
02-Jul-2012 14:11
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SMM / Baker Tech
SMM / Baker Tech: SMM has filed a court appeal with respect to its claims against PPL Holdings. Recall in late May, the High Court had dismissed SMM’s claims which effectively disputed Baker Tech’s disposal of PPL to QD Asia Pacific. Baker Tech has called for a trading halt this morning.
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rotijai
Supreme |
02-Jul-2012 13:44
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i have no commitment to tell wat i buy/sell just sharing, of course u can buy more if you wan. i am off from the table, it can go up further but it doesnt matter. i leave the rest to you all who believe it will go up to 5.5 i am not smart, i am just one lucky shit who have bought at 439 (some higher)  and unloading (some much earlier cause i am a stupid spider) all the way to 484. *newbie just trade with care *oldbie can do watever u like as long as it's within ur risk appetitite
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ozone2002
Supreme |
02-Jul-2012 11:48
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sembmar has to cover gap in order to move up further.. from a TA perspective..
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GuavaXF30
Master |
02-Jul-2012 11:23
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Actually I think Rotijai is bluffing us. He's too smart to have sold. Probably he's trying to trigger other suckers to sell so he can buy. Old trick lah, Rotijai.
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