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WHICH STOCK IS NOT ?
ONLY GENTING ------ GOOD TIMES AND BAD TIMES..... GAMBLING NEVER STOP !!!!!!
krisluke ( Date: 04-Nov-2010 21:50) Posted:
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hawke009 ( Date: 04-Nov-2010 18:15) Posted:
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This stock is forever sensitive to gobal news that shaken sti.
Take the chart candle stick of 210ct and 27oct as a example, show you the reasons.
The volatility of the stock should also tells you why people prefer his peer, keppel corp more than Sembmar.
Both company are basically doing the same jobs with equal strength in landsize and venture opportunities.
It was known to be a dividend collecting stock for the last two years due to it strong order book.
Keppel corp default itself beacuse of some order books cancelled when oil price dipped below 6500.
It could be a number One blue chip in Singapore if,
i) Volatility becomes more stable in the near future.
ii) Make sensible returns from Return of Investment (ROI). 
If you like to trade this stocks, alway buy when gobal news step in and analyst forecast remains optimistic. Study the chart and ignore market gossips to determine the best entry and selling price. There no precise prediction on how the stocks reacted with other indexs during live telecast hours.
Just have to decide the selling price and buying price that is comfortable on you. 
zhixuen ( Date: 04-Nov-2010 19:26) Posted:
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First Report from icentral analyst, Let have a look
EARNINGS AT A GLANCE
Q3 Revenue: -27% to S$1.11 bln
Net profit: +99% to S$302.2 mln
Cashflow: S$215.6 mln vs -S$76.3 mln
EARNINGS COMMENTARY
Sembcorp Marine says revenue was lower due to lesser number of rig building as well as offshore and conversion projects achieving initial percentage of completion revenue recognition.
But its operating profit increased by 63%. This is mainly attributable to the resumption of margin recognition for a rig building project upon securing a buyer as well as execution of projects ahead of schedule and achieving better margins for rig building, offshore and conversion projects through higher productivity.
OUTLOOK
The group has a net order book of S$4.7 bln with completion and deliveries stretching till first quarter of 2013. This includes S$2.3 bln in contract orders secured this year to-date.
It said while enquiries for jack-ups and floaters have improved, competition is very keen.
For ship repair, the market outlook continues to improve with the bigger docks well-booked into early next year. The group has signed several long-term contracts with its customers, in particular in the niche segments for the repair, upgrading and life extension of LNG carriers and passenger/cruise vessels.
It believes these long-term customers will continue to provide a stable base-load for its ship repair sector.
~INVESTOR CENTRAL’S TAKE~
Sembcorp Marine’s current ratios (by Reuters):
P/E: 13.65x
P/B: 5.24x
Free cashflow for FY2009: S$120.1 mln vs S$1.61 bln
REUTERS CONSENSUS FORECAST
Analysts surveyed by Reuters have on average an OUTPERFORM call on the stock. It was last traded at S$4.74.
As always, please see your licensed financial advisor before making any investment decisions.
Finally, I've sent out a post that allows us to read clearly. Smm current trend still remain intact upon their 3rd quarter earning report. A break through from 474 would be bullish and will be targeting 485.
Let analysis what the brokage firm got to says later.
Malaysia and Singapore Market were closed for deepavali celebration tomorrow.
krisluke ( Date: 04-Nov-2010 18:46) Posted:
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SembMarine scores 105% rise in 3Q net profit to $296m
Sembcorp Marine achieved a 105% increase in 3Q 2010 net profit to $296 million from $145 million in 3Q 2009. Excluding the one-off write-back of $53 million in the consolidated income statement arising from the full and final amicable settlement with Societe Generale on the disputed foreign exchange transactions, net profit at $243 million in 3Q 2010 was 68% higher as compared with $145 million for the corresponding period in 2009.
Group turnover at $1,115 million was 27% lower as compared with $1,520 million in 3Q 2009. The lower turnover was attributable mainly to lower progressive revenue recognition of the rig building, ship conversion and offshore projects. There was no major initial revenue recognition in 3Q 2010 as compared with 3Q 2009 where a unit each of semi-submersible, jack-up and FPSO achieved 20% initial recognition.
Group operating profit at $283 million was 63% higher as compared with $174 million in 3Q 2009. The increase was due to the resumption of margin recognition arising from the sale of the CJ70 harsh environment jack-up rig as well as the execution of repeat rig orders for customers.
At pre-tax level, group profit increased 94% to $355 million from $183 million in 3Q 2009. The increase was attributable to higher profit margin and the receipt on the full and final amicable settlement of the disputed foreign exchange transactions with Societe Generale.
SembMarine says it has a net order book of $4.7 billion with completion and deliveries stretching till first quarter of 2013. This includes $2.3 billion in contract orders secured this year to-date.
Contracts secured include the Ekofisk North Sea accommodation topside, the P-62 pre-FPSO conversion, incremental adjustment to CJ-70 harsh-environment jack-up drilling rig, 3 FPSO/FPU conversions, 2 Pacific Class 400 jack-up rigs and 2 Friede & Goldman JU2000E jack-up rigs.
PRESS RELEASE
A STRONG 3Q 2010 GROWTH WITH
Singapore, November 4, 2010:
the one-off write-back of $53 million in the consolidated income statement arising from the full and final amicable
settlement with Societe Generale on the disputed foreign exchange transactions, net profit at $243 million in 3Q
2010 was 68% higher as compared with $145 million for the corresponding period in 2009.
attributable mainly to lower progressive revenue recognition of the rig building, ship conversion and offshore projects.
There was no major initial revenue recognition in 3Q 2010 as compared with 3Q 2009 where a unit each of semi-
submersible, jack-up and FPSO achieved 20% initial recognition.
to the resumption of margin recognition arising from the sale of the CJ70 harsh environment jack-up rig as well as the
execution of repeat rig orders for customers.
to higher profit margin and the receipt on the full and final amicable settlement of the disputed foreign exchange
transactions with Societe Generale.NET PROFIT TO $296 MILLION NET PROFIT, EXCLUDING ONE-OFF WRITE-BACK OF $53 MILLION GREW 68% TO $243 MILLION
Group turnover at $1,115 million was 27% lower as compared with $1,520 million in 3Q 2009. The lower turnover was
Group operating profit at $283 million was 63% higher as compared with $174 million in 3Q 2009. The increase was due
At pre-tax level, Group profit increased 94% to $355 million from $183 million in 3Q 2009. The increase was attributable
Sembcorp Marine achieved a 105% increase in net profit to $296 million from $145 million in 3Q 2009. Excluding
A 105% INCREASE IN 3Q 2010
results out, go sgx to view the reports.
SGG_SGG ( Date: 04-Nov-2010 17:37) Posted:
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Buzzoff ( Date: 04-Nov-2010 00:23) Posted:
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News on DJ,
Republican Party's takeover of the House of Representatives
An Improvement Job Picture
Automated Data Process Employment Report Show Private Sector Employment Increases
Factory Order For Both Durables and Non Durable Goods Increases In September
ISM Non Manufacturing Index Also Improve In September
Fomc Meeting Annoucement Starts Today On Decisions For Fed Fund Rate & Liquidity Adjustment In Credit Market
