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Good luck to all Keppel Corp & SembMarine shareholders

MovieStar

Alfrescian
Loyal
...its going to be even worse, once Irun n the other go full throttle....but gold will inch up..i guess

i dont think gold price will inch up.

oil price will need few years to climb back to 60/70

but i think current price, 30++ a bit too low for oil price.
 

soikee

Alfrescian
Loyal
Singapore Keppel Corp and SembMarine are in dire straits as their biggest client, Sete Brasil mulls bankruptcy filing sometime this month. Full story:



Sete Brasil is scaling down its 29-rig program to 15, of which 13 are from Keppel and SembMarine, with deliveries over 2015-2020.

After Sete Brazil files for bankruptcy, I forecast Keppel and SembMarine share prices to collapse down to $2.80 and 80c respectively.


Well done ... Keppel Corp has become Keppel Corpse and this morning I shorted 100 lots of Keppel Corpse at 5.70.
 

Scrooball (clone)

Alfrescian
Loyal
My University of NY classmate was a senior director of RIG (Transocean) and I was fortunate to have his guidance.

He sold 500,000 of RIG in 2010 and is happily retired.

You are a fucking idiot. Why will u post this on a forum? This is called Insider Trading. U just implicated your friend and could get him into trouble. Gosh u are one fucking stupid idiot.
 
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Dinkum

Alfrescian
Loyal
You are a fucking idiot. Why will u post this on a forum? This is called Insider Trading. U just implicated your friend and could get him into trouble. Gosh u are one fucking stupid idiot.

I don't expect a dolt like you to know that there are windows for companies and BODs to make sales & purchase of their companies' shares.

The sale of 500,000 RIG shares my pal made in 2010 was filed in US SEC.

I use my acumen, capability and connections to do well in life, unlike you who need to carry balls and suck pricks to survive.

You're not in my league so I suggest you STFU!
 

Dinkum

Alfrescian
Loyal
Well done ... Keppel Corp has become Keppel Corpse and this morning I shorted 100 lots of Keppel Corpse at 5.70.


Keppel Corp closed at 5.54 and you're in the money already.

Congratulations.
 
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halsey02

Alfrescian (Inf)
Asset
Well done ... Keppel Corp has become Keppel Corpse and this morning I shorted 100 lots of Keppel Corpse at 5.70.

Be careful of the downward spiral of the market, or get 'shorted' you become a 'corpse'...Keppel & Sembawang Corpse can get their, 'benefactor' to prop them up with their money....you, once 'shorted'...it is a 'corpse' for sure!....be Jack be nimble, Jack be quick!!
 

zeebjii

Alfrescian
Loyal
When STI was at 800 plus in 2008, RIG (Transocean) was US$155 and currently RIG is trading at US$10.75.

Are you real or fake? STI went down to 800 during the 1990s asian financial crisis. It never even went close to 1000 in 2008.
 

Dinkum

Alfrescian
Loyal
Are you real or fake? STI went down to 800 during the 1990s asian financial crisis. It never even went close to 1000 in 2008.


I beg your pardon.

I was kind of confused by kezgtree and Cerebral's postings.

Please accept my sincere apologies.


...even during the worse crisis..STI at 800 +...keppel was $3+....I doubt sti will be down to that level this year...imo


In 08, oil prices were very high and oil exploration was ongoing. 1 rig costs abt 500mn. 13 is abt 6.5bn. Can both companies tahan this loss of sales and cost to built? Maybe Temasek have to intervene....
 
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