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joshlai86 Veteran	20-Feb-2008 20:36        joshlai86 About Contact  Quote this Post!
x 0   x 0  Alert Admin	married deal at $3.54. buyers bidding higher for shares.
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Sporeguy Elite	20-Feb-2008 17:28        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can anyone explain this : Queue to sell at $3.52, price keeps dropping to $3.45 (100 over lots sold 2 or 3 mins before 5 pm) then 760 executed at $3.54 at 5.05 pm. Mine was sold st $3.54 although I queue to sell at $3.52 at 4.11 pm.
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sarahlkh Senior	15-Feb-2008 17:59        sarahlkh About Contact  Quote this Post!
x 0   x 0  Alert Admin	maybe they paid for the lawyers defending him now for the transaction has been authorized.
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mike8057d Veteran	15-Feb-2008 14:47        mike8057d About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	maybe he was paid handsomely to take the blame
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sarahlkh Senior	15-Feb-2008 14:14        sarahlkh About Contact  Quote this Post!
x 0   x 0  Alert Admin	poor Wee taking the scape goat.
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shplayer Elite	14-Feb-2008 23:07        shplayer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyway, its good that mgmt have decided to make the necessary provisions. Now, investors can make their investment decisions with more clarity
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shplayer Elite	14-Feb-2008 22:10        shplayer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Announcement by SembMar. Settled with 9 out of 11 banks and will make provision  of USD 258.7m. Why will they want to settle if they thought they got a strong case? Perhaps afraid of more ppl in the company may get implicated......adding to they embarrassment? http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_EBA4CC861B48DE0B482573EF0032F3F7/$file/SCMPressRelease14Feb2008.pdf?openelement
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psych5 Member	14-Feb-2008 18:31        psych5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It might be just a minor hiccup I guess. They're bound to review their company policy. No single entity in any company, in any department, should be able to wield such power and squirrel so much money away. Why weren't there anyone to second his actions or any checks in place to prevent it from happening? It's evident they were lax in certain aspects in the management of the company.
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sw0rdfish Member	14-Feb-2008 15:43        sw0rdfish About Contact  Quote this Post!
x 0   x 0  Alert Admin	how do you know its fundamentally unsound?
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psych5 Member	14-Feb-2008 13:01        psych5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Acc/Dist chart together with Chaikin Oscillator chart shows the starting signs of positive divergence while Bollinger bands seems to indicate the current falling trend is ending. William%R has bottomed out and trending upwards too. Guess things are starting to look good for SembMar finally, as fundamentally unsound the company may be. Any advice from the experts?
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mediacraze Member	14-Feb-2008 08:09        mediacraze About Contact  Quote this Post!
x 0   x 0  Alert Admin	The volume had been stable for the pass few days. Looks like had bottom and accumulation started...
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lynn89 Member	13-Feb-2008 23:35        lynn89 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	The worst of SembMarine may be over. Strong buying interest by institutional investors.
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shplayer Elite	12-Feb-2008 18:15        shplayer About Contact  Quote this Post!
x 0   x 0  Alert Admin	BT 12 Feb 08 Obviously there is more than meets the eye.......the 'fall guy' is fighting back....major cover up????   February 12, 2008, 4.04 pm (Singapore time) SembMarine CFO says forex trades authorised BNP, France's biggest bank, has threatened to file a winding-up petition against SembMarine unit Jurong Shipyard in a bid to recover US$50.7 million lost when the currency trades made by former CFO Wee Sing Guan went bad. SembMarine rejects the claim on grounds that the trades were unauthorised, and is seeking a court injunction to stop the French lender from carrying out its threat in a case to be heard in Singapore on March 4-6. Wee's lawyers said Jurong Shipyard was aware of the trades. 'Our client's acts and forex transactions were at all material times authorised and mandated by the JSPL (Jurong Shipyard) board,' Wee's lawyers wrote in a letter dated Jan 21. The letter, seen by Reuters, was among affidavits filed by BNP and Jurong Shipyard to the Singapore court. Jurong Shipyard's lawyers reiterated SembMarine's version of how the losses were made. A SembMarine spokesman declined comment, while lawyers for Wee and BNP officials could not immediately be reached for comment. SembMarine shocked financial markets last year when it alleged Wee had lost over US$300 million by engaging in 'unauthorised' foreign exchange transactions. It claimed it was not liable for the losses as the trades were unauthorised. SembMarine, a unit of SembCorp Industries, has already paid US$115.5 million to Societe Generale after SocGen agreed to refund the amount if the Singapore company could prove it was not liable for the losses. -- REUTERS   SINGAPORE - Foreign exchange trades that lost Singapore's SembCorp Marine more than US$300 million were made with the proper authority, the company official who made the bets said ahead of a court battle between SembMarine and BNP Paribas over part of the losses.
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musante Member	12-Feb-2008 08:58        musante About Contact  Quote this Post!
x 0   x 0  Alert Admin	Better to stayaway from it first...... Untill we can see a clear reversal indications. Cheers....!!
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jackjames Elite	12-Feb-2008 08:57        jackjames About Contact  Quote this Post!
x 0   x 0  Alert Admin	the illegal forex transaction "over-corrected" this stock.. any other bad news apart from this? why the guy still can free out of the prison? should just put him in jail...
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hahasg1973 Member	11-Feb-2008 23:31        hahasg1973 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If DJ dont do well tonight ,think will drop further tmrw
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mike8057d Veteran	11-Feb-2008 16:10        mike8057d About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	wow...below $3
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Farmer Master	10-Feb-2008 21:29        Farmer About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	During the US currency fiasco, i thought can start accumulate at ~ 4 but looking at the current down turn affecting also the oil & gas sector outlook, this counter will remain bearish for times to come.
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singaporegal Supreme	10-Feb-2008 20:21        singaporegal About Contact  Quote this Post! Style: Technical   Mood: Yells: "Female TA nut"
x 0   x 0  Alert Admin	TA charts show bearish signs. Acc/Dist and Chaikin are heading south
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mike8057d Veteran	01-Feb-2008 11:39        mike8057d About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	becoz of it's huge exchange loss.....it will report again the next reporting date
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