Seatrium Limited (formerly SembCorp Marine and KOM)

[Thaddy0103]

Sete Brasil to seek creditor protection.

http://www.channelnewsasia.com/mobile/la...18294.html

The market going crazy these few days.
Kuwait oil riggers strike call off should have brought oil price down instead it went up.
Sete Brasil bankruptcy should have depressed Keppel and SCM/SCI respectively but they held up considering the fact this news was up on Bloomberg 6hours before Channel NewAsia.
Other then these 3 companies going Ex-Div soon I really don't see any way it could hold.
talking about ex-div SGX also due soon but right after they announce a decent result last night there was a massive sell down and it ended the day lower by 22 cents lower.
Any buddies here can share some insight?

It's funny that when Markets don't turn out the way we expect, we say that Mr Market has gone crazy. On the other hand, when Mr Market bounces around in the direction that we anticipated, we cast it as 'efficient' and 'rational'. I can only say that it is key for any market participant to differentiate between the Signal and the Noise. IMHO, I think the OPMI actually has an advantage in this over the institutional guy.

Good view from a certain perspective.
what I'm trying to cut across is simple, Sete Brasil impact on both Keppel and SCM do not simply impact the short to medium term of it outstanding order books cancellation and money owned which is respectively at 6billion and 7billion.Long term wise the depressed oil will affect the order win for them.orders and profits are not gonna to come in for them immediately even if oil reach $80.
In SGX case a recent article has come out to link it sudden price drop with the news that MAS and CAD has acted on Stock Exchange reports.
Taken the opportunity to accumulate more SGX shares.
Opportunity stems from crazy times like this lol