
I don't see it can go higher..looking at below 4.
jamesng ( Date: 23-May-2012 18:47) Posted:
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Normally in a bearish market, SembMarine should drop more than KepCorp....this is the reverse currently and I think the downside for SembMarine will be much more soon
Why do you say that? White candles? 

Super.White ( Date: 23-May-2012 08:40) Posted:
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Watching out for SembMar to hit $4.38 soon.
SEMBCORP MARINE LTD bought back 250,000 units at $4.40 per unit on 18 May.
No. | Date Announced |
Date Transacted |
Company Name |
Name | Relation | Type | Details | Quantity | Price |
1 | 2012-05-18 | 2012-05-17 | SEMBCORP MARINE LTD | Ajaib Haridass | Director | Buy | # Others | 10700 | --- |
2 | 2012-05-18 | 2012-05-17 | SEMBCORP MARINE LTD | Tang Kin Fei | Director | Buy | # Others | 12600 | --- |
3 | 2012-05-18 | 2012-05-17 | SEMBCORP MARINE LTD | Foo Siang Guan Ron | Director | Buy | # Others | 10200 | --- |
4 | 2012-05-18 | 2012-05-17 | SEMBCORP MARINE LTD | Lim Ah Doo | Director | Buy | # Others | 9600 | --- |
5 | 2012-05-18 | 2012-05-17 | SEMBCORP MARINE LTD | Koh Chiap Khiong | Director | Buy | # Others | 3700 | --- |
6 | 2012-05-18 | 2012-05-17 | SEMBCORP MARINE LTD | Goh Geok Ling | Director | Buy | # Others | 17000 | --- |
7 | 2012-03-28 | 2012-03-26 | SEMBCORP MARINE LTD | Koh Chiap Khiong | Director | Buy | # Others | 113371 | --- |
pause for a while before dive again
if tdy closed above $4.45 then chances that it will move up..
What would cause the rebound? This stock has been climbing from $3.80 to a high of 5.30 purely on sentiment since January 2012. At the present price of 4.45, it is still expensive at 3.6 times book value and 11 times earnings. Chances are, the euro crisis will drive this stock back down below $4.00.

New123 ( Date: 21-May-2012 09:31) Posted:
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is going to rebounce soon..
See the familiarity now and later part of 2008???
I find that SembMarine had been holding well as compared to KepCorp......it look to me that it is going to drop more soon.....
$4.4... looking to average down more
gd luck dyodd
sentiment sentiment sentiment..
With so many contracts still sunk into the water
ozone2002 ( Date: 18-May-2012 00:52) Posted:
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SembMarine's unit secures $130m worth of contracts
By
Sembcorp Marine on Thursday said its subsidiary, Sembawang Shipyard, has secured three major contracts totalling S$130 million.
The first contract, awarded by Sonangol Pesquisa e Producao SA (SNLPP) is for major repairs and upgrading of the 20 year old FSO Palanca.
Major work scope includes the renewal of the vessel's cargo piping system and pumps, tank blasting and coating, and cables renewal for the entire electrical system. The existing 30-men accommodation block will be redesigned and rebuilt to accommodate 60 men. The new accommodation block will include a new helideck to meet the vessel's operational requirements.
The vessel is expected to enter Sembawang Shipyard in August 2012 and, upon completion, will return to Palanca Terminal in offshore Angola.
4.80 is still acceptable if dividend of 4.1% per annum. hold it.
if u dont need the money dont contra for blue chips.....4.8 is not acceptionally high
rotijai ( Date: 16-May-2012 14:36) Posted:
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Wise words. If you did not contra, you won't lose money. Not with Semb Marine. Just a matter of how long to hold that's all.
rotijai ( Date: 16-May-2012 14:36) Posted:
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