Seatrium Limited (formerly SembCorp Marine and KOM)

[Jacmar]

Hey guys,

What are the challenges facing SM and KC in near and future (3 years)?

Some immediate i can think of:

1. Impairment in receivables/losses in marine sector
2. Impairment in assets in brazil?
3. Cut dividends
4. Order book clarity
5. Sete brazil bankruptcy

Survival
1. How to sustain in low oil prices for next 3 years
2. Capital allocation - Which business line will get priority and which will get chop
3. Fundings - Cost of funding

There is one more to add to the list. They are also embroiled in the corruption scandal in Brazil. To me this is a serious threat to their business there.