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Sembcorp Ind
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SembCorp Industries
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newbie19
Supreme |
11-Aug-2020 15:37
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Siao Lang!
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MichaelSchenker
Master |
11-Aug-2020 15:36
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Maybe.... these guys do not want Sembmarine shares. However, they may Buy back SembCorp shares after it goes Ex-entitlements. Different strokes for different folks. However, I still think it is a bit too early. Should have at least waited for the media to publish the EGM results tomorrow.
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sheerluck
Supreme |
11-Aug-2020 15:27
Yells: "Work for your money first then let your money work for you" |
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The sold volume is quite huge at 10mil as of now.  This is unlikely to be retail selling.  SO I suspect is BB forcing down price to collect cheap.  Those on contra cannot tahan until 8 Sept will be forced to let go.  Shortist I think unlikely given the cast-in-stone positive developments.  See if price will eventually move up. | |||||||
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freeme
Elite |
11-Aug-2020 15:25
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1.85 is a good buy.. since it drop from 1.98 when open. Like Jos said, contra players likely offloading after not seeing higher than $2.  | |||||||
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stockist75
Veteran |
11-Aug-2020 15:24
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Price go up happy, price go down also can buy more. nothing to lose
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LongNobley
Master |
11-Aug-2020 15:23
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US Futures go UP Sembcorp Marine price going UP now Oil price going UP Demerger is a positive news SCI shareholders hold on tight   |
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soonsoonhuat
Veteran |
11-Aug-2020 15:22
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still have up to 8th sept to the entitlement in specie 
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soonsoonhuat
Veteran |
11-Aug-2020 15:21
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u have 3.8M shares of sci? if thats the case, ur entitlement for smm will be in 8 figures respect
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sheerluck
Supreme |
11-Aug-2020 15:19
Yells: "Work for your money first then let your money work for you" |
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The price movment is surprising.  If drop after CDon distribution in specie, can understand.  Now they sell, they are not entitled to the SMM shares from SCI.  Funny. | |||||||
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wonglau7479
Member |
11-Aug-2020 15:10
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Got a feeling that the shortist will be covering their shorts later as most of the profit taking and contra has already completed... Let' s see... maybe invest more as downside limited | |||||||
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Laurenpanna
Veteran |
11-Aug-2020 15:10
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i took the risk once and average out... that is why my cost from 1.49 jump to 1.73 But i think all is worth the money. Today market generally go down after lunch, Hopefully everyone can stay calm and not think that is SCI' s issue
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ICXGOLD
Master |
11-Aug-2020 15:10
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Bet almost all I had on this. Luckily its paid off. Had the vote gone the other way, would have been a disaster. Hoping for the best case scenario. SCI give us 497 SCM shares and Ex Rights they trade between 0.25 - 0.30
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danger
Supreme |
11-Aug-2020 15:05
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![]()  
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tangoanna
Master |
11-Aug-2020 15:05
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Huat ah. I don' t usually like to average up. Perhaps it is a good strategy this time round.
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eugesun
Elite |
11-Aug-2020 15:03
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Bro, you are rich, now even richer ......cheers....
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newbie19
Supreme |
11-Aug-2020 15:01
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Ooh, my 30,000 lots bought at $2.12 SCI.
Thanks for explanations.
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Justheretotrade
Member |
11-Aug-2020 14:59
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Can share how the calculation is like?
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Stocky901
Supreme |
11-Aug-2020 14:58
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Suddenly a lot of new members joined in this forum. good or bad.. | |||||||
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ICXGOLD
Master |
11-Aug-2020 14:57
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only if SCM EX RIGHTS hits 0.39 so its still impossible. Best option is to average down your pri e
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arctician1982
Senior |
11-Aug-2020 14:57
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surprised the SCI share price went down after successful demerger, not even CE and XE yet. hmm | |||||||
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