Pages

Pages

Sunday, October 28, 2018

Sembcorp Marine

Looks rather bearish with a wide bearish bar. Broken down the previous low of $1.63. Coupled with high volume, looks like fund has exited ..


 Short term wise, I think likely to retest 1.55 then 1.50 with extension to $1.30 level.

 NAV of $1.12, Total debts/equity is 172%.

 Not a call to buy or sell.

 Pls dyodd.


 Sembcorp Marine Ltd, an investment holding company, provides offshore and marine engineering solutions worldwide. The company engages in the turnkey design, engineering, procurement, construction, and commissioning of offshore newbuilding and conversions, FSOs, FPSOs, FDPSOs, FPUs, MOPUs, gas terminals, FLNGs, FSRUs, jack-ups, semi-submersibles, drill ships, SSP solutions, TLPs, and SPARs. It also engages in the repair, refurbishment, retrofitting, life-extension, upgrading, and conversion of vessels, marine and offshore structures, LNG and LPG gas carriers, cruise ships, ferries, mega-yachts, floating production vessels, MODUs, tankers, containers, and cargo ships, as well as offers jumboization and dejumboization solutions. In addition, the company offers afloat and emergency repair, underwater cleaning and repair, main engine maintenance and repair, steel and pipe work, electrical and instrumentation repair, mechanical and motor rewind repair, tank cleaning, sludge and oily waste disposal, staging work, hydro jetting and hydro/vacuum blasting, riding crew and voyage repair, specialized workshop repair and reconditioning, vessel towage and port clearance arrangement, specialists service and navigation, automation, safety, and fire protection services. Further, it offers offshore platform solutions, such as integrated process; production, riser, and drilling; wellhead, power generation, manifold, and accommodation platforms; and wind-farm substations, as well as topside modules fabrication, installation, and integration. Additionally, it designs and builds sophisticated, specialized, gas value chain, ferry, RoPax, cruise, renewable energy and offshore support, naval support and security, and research and scientific survey vessels. The company was formerly known as Jurong Shipyard Ltd and changed its name to Sembcorp Marine Ltd in 2000. The company was founded in 1963 and is headquartered in Singapore. Sembcorp Marine Ltd. is a subsidiary of Sembcorp Industries Ltd.

3 comments:

  1. I’m having a fortnight meeting in USA so my stress reliever is reading some blogs, but it’s quite difficult for me to spend or waste my time in simple blogs or non sense writings then somehow I read your works It’s so confusing because I love your enthusiasm on this subject so I comment on to admire your style. It happens that I’m curious about curtain fabrication services singapore, I think you should try to check it out!

    ReplyDelete
  2. I’m having a fortnight meeting in USA so my stress reliever is reading some blogs, but it’s quite difficult for me to spend or waste my time in simple blogs or non sense writings then somehow I read your works It’s so confusing because I love your enthusiasm on this subject so I comment on to admire your style. It happens that I’m curious about curtain fabrication services singapore, I think you should try to check it out!

    ReplyDelete
  3. There is some thing in your article that I would diagnosed that it caught my interest about curtains and fabrication service Singapore in this remember I was once genuinely not interested however you did exchange my perception.

    ReplyDelete