Post Reply
1-20 of 3003
Good closing. Shortists, if any, had to cover back. Cover their backsides. Hahaha
Who short my SembMar ????
As of Nov 23, 2013, the consensus forecast amongst 31 polled investment analysts covering SembCorp Marine Ltd. advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Nov 05, 2012. The previous consensus forecast advised investors to purchase equity in SembCorp Marine Ltd..
probably just knee-jerked cos mini volume only .....
NO USE S51 have this d se phobia
Believe in yourself !!!
TP = 5.60, real or not?
[quote]
We upgrade Sembcorp Marine (SMM) from Neutral to BUY with a higher TP of SGD5.60. Although a laggard, with its share price returning -4.4% YTD vs the STI?s -1.9%, we see upside, fuelled by stronger-than-expected order wins and easing competition as commercial ship orders recover and China tightens shipyard credit, as well as stronger earnings going into FY14. Our new TP values SMM at a 18.6x FY14F P/E.
|
[/quote]
Quote: Sembcorp Marine, in a statement, said its order book stood at $13.5 billion at the end of the July-September quarter, up from $12.7 billion at the close of the previous quarter.
Demand for high specification and ultra-deepwater rigs with advanced technical features is likely to remain high, and long-term industry fundamentals are supported by exploration activity in harsh environments and by field development programmes, the company said.
an ascending pattern since 8 Nov 2013 ..... awaiting a good technical breakout ..... hopefully .....
seanpent ( Date: 20-Nov-2013 08:53) Posted:
the pre-opening queues, think SembMar is pretty ready |
|
the pre-opening queues, think SembMar is pretty ready
pretty nice closing .....
finally a good chance of moving towards $4.80
?
Should stabilize at around 4.40 and then slowly bounce up.
blue chips chionging
seanpent ( Date: 18-Nov-2013 10:42) Posted:
|
today got actions at $4.45 level already
|
|
today got actions at $4.45 level already
sembmarine seems ready to break away to $4.80 again ?
gradual and steady
also Tuas ?
seanpent ( Date: 11-Nov-2013 09:38) Posted:
bro ..... where will the one-stop solutions hub be ?
lorann ( Date: 07-Nov-2013 09:53) Posted:
|
SembMarine opens integrated yard at Tuas
Group to consolidate all shipyards here into single facility by 2024, boosting productivity
Seeing the big picture: PM Lee viewing a model of the Sembmarine Integrated Yard at Tuas he says that the integrated yard will help the company optimise its layout and facilities there while freeing up the land it is occupying elsewhere for redevelopment
[SINGAPORE] A new chapter in Singapore's maritime development was written yesterday when Prime Minister Lee Hsien Loong opened Sembcorp Marine's new integrated yard, which will eventually consolidate the group's shipyards across the island into a single facility.
Speaking at the grand opening of the Sembmarine Integrated Yard, Mr Lee said that the plan was to consolidate all of Sembcorp Marine's yards here by 2024, with the aim of creating a " Shipyard of the Future" that will boost productivity significantly.
For starters, Mr Lee said that the integrated yard will help the company optimise its layout and facilities there while freeing up the land it is occupying elsewhere for redevelopment.
" It includes a one-stop solutions hub for ship repair & conversion, shipbuilding, rig building and offshore engineering & construction," he said, adding that the new facility will leverage on modern production technologies and processes to help double output.
|
|
|
|
bro ..... where will the one-stop solutions hub be ?
lorann ( Date: 07-Nov-2013 09:53) Posted:
|
SembMarine opens integrated yard at Tuas
Group to consolidate all shipyards here into single facility by 2024, boosting productivity
Seeing the big picture: PM Lee viewing a model of the Sembmarine Integrated Yard at Tuas he says that the integrated yard will help the company optimise its layout and facilities there while freeing up the land it is occupying elsewhere for redevelopment
[SINGAPORE] A new chapter in Singapore's maritime development was written yesterday when Prime Minister Lee Hsien Loong opened Sembcorp Marine's new integrated yard, which will eventually consolidate the group's shipyards across the island into a single facility.
Speaking at the grand opening of the Sembmarine Integrated Yard, Mr Lee said that the plan was to consolidate all of Sembcorp Marine's yards here by 2024, with the aim of creating a " Shipyard of the Future" that will boost productivity significantly.
For starters, Mr Lee said that the integrated yard will help the company optimise its layout and facilities there while freeing up the land it is occupying elsewhere for redevelopment.
" It includes a one-stop solutions hub for ship repair & conversion, shipbuilding, rig building and offshore engineering & construction," he said, adding that the new facility will leverage on modern production technologies and processes to help double output.
|
|
PRESS RELEASE
3Q 2013 NET PROFIT AT $130 MILLION, AN INCREASE OF 12% Singapore, November 5, 2013: Sembcorp Marine achieved a 3Q 2013 net profit of $130 million, 12% higher as compared with $116 million earned in the corresponding period in 2012.
Third quarter Group operating profit grew 32%, or $41 million from $126 million in 3Q 2012 to $167 million in 3Q 2013. At pre-tax level, Group profit at $171 million was 23% higher as compared with $139 million for the same period in 2012.
Group turnover in 3Q 2013 was $1,659 million. This was 86% higher as compared with $892 million in 3Q 2012, attributable to higher revenue contributions from the rig building and repair sectors. Turnover from the rig building sector soared $714 million from $428 million in 3Q 2012 to $1,142 million in 3Q 2013. A total of five rigs comprising a well intervention semi-submersible rig, a harsh-environment semi-submersible rig and three jack-up rigs (two units of Pacific Class 400 rigs and one unit of F& G
3000N jack-up rig) achieved initial recognition in 3Q 2013. In comparison to the corresponding period in 2012, only one jack-up rig achieved initial recognition.
The conversion and offshore sector registered a decline of 10% in turnover at $271 million in 3Q 2013 as compared with $300 million for the same period in 2012. The decline was due to timing in recognition of projects that achieved initial recognition and the value of the projects. For 3Q 2013, there was no initial recognition of project as compared with one major FSO conversion in 3Q
2012.
Turnover for the repair sector increased 34% from $153 million in 3Q 2012 to $204 million in 3Q 2013.
3Q 2013 vs chart
trading hour before announcement = down (est)
actual: earning up (est)
Estimated on 3rd August 2013
Actual 3Q 2013 vs chart
Trading hour before announcement = up
actual earning = down
krisluke ( Date: 03-Aug-2013 14:49) Posted:
1Q 2013 vs chart
trading hour before announcement = down
actual: earning up
2Q 2013 vs chart
trading hour before announcement = up
actual: earning down
3Q 2013 vs chart
trading hour before announcement = down (est)
actual: earning up (est)
|
|
