Sammyboy RSS Feed
10-01-2016, 04:20 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Singapore Keppel Corp and SembMarine are in dire straits as their biggest client, Sete Brasil mulls bankruptcy filing sometime this month. Full story: (http://business.asiaone.com/news/bankruptcy-filing-being-mulled-top-client-keppel-and-sembmarine)
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.
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?223193-Good-luck-to-all-Keppel-Corp-amp-SembMarine-shareholders&goto=newpost).
Singapore Keppel Corp and SembMarine are in dire straits as their biggest client, Sete Brasil mulls bankruptcy filing sometime this month. Full story: (http://business.asiaone.com/news/bankruptcy-filing-being-mulled-top-client-keppel-and-sembmarine)
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.
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?223193-Good-luck-to-all-Keppel-Corp-amp-SembMarine-shareholders&goto=newpost).