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Sembcorp Ind
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SembCorp Industries
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AlanJpe
Member |
11-Aug-2020 16:56
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Pity SMM holders, need to pump in more $$$ and hope it don't fall below 20c! | ||||
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Login20
Master |
11-Aug-2020 16:55
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Probably after TH know their exact % of SCM stake after the last day for all to apply the right, there might be another scenario play.
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ckmpd1
Supreme |
11-Aug-2020 16:53
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Agree
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ckmpd1
Supreme |
11-Aug-2020 16:51
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I agree with you abt SMM gg for abt 23c XR on thursday.  But i see SMM gg up from there onwards as I expect TH to eventually do something abt SMM | ||||
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ckmpd1
Supreme |
11-Aug-2020 16:47
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If SMM goes below 20c, more reasons to hold | ||||
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AlanJpe
Member |
11-Aug-2020 16:46
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Possible for SMM going below 20c when SCI holders dump their free SMM shares?
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ckchoong
Member |
11-Aug-2020 16:46
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Has SGX annouce the number of SMM shares for every SCI shares. I recall they gave a band of 427 to 450 (or thereabout) for avery 100 SCI shares. | ||||
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sheerluck
Supreme |
11-Aug-2020 16:44
Yells: "Work for your money first then let your money work for you" |
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Want to see at close, what is the price movment like. | ||||
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humblestudent666
Senior |
11-Aug-2020 16:38
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so we' ll get at least 400 shares of SMM for every 100 shares of SCI? Not a bad deal.. been holding some small amount of SCI at $2 since many moons ago if SMM price goes to $0.2, at current prices it is still a profit for me unless SCI drops down even further haha |
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Justheretotrade
Member |
11-Aug-2020 16:36
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Why the 1k - 5k sell down? All these are shorts? | ||||
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eugesun
Elite |
11-Aug-2020 16:32
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LOL, shorts are trying every possible way to push it down to 1.8......so fun to watch they are desperate..... | ||||
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Justheretotrade
Member |
11-Aug-2020 16:32
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Yes
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Chappie
Member |
11-Aug-2020 16:31
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If buy SCI now, will I still be entitled to SCM shares? | ||||
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ckmpd1
Supreme |
11-Aug-2020 16:12
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Yes.  if can hold, just hold.  To me, SMM can only up from 20cents.  No point selling at this level since TH has agreed to take SMM under its wings | ||||
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freeme
Elite |
11-Aug-2020 16:07
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Yes. SMM 0.2 is probably the lowest it can get for now. Depending on the market trading price for SMM, if its so depressed, can just hang on to it. 
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ckmpd1
Supreme |
11-Aug-2020 15:54
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A\if money is not an issue. a good possibility is to keep SMM shares and wait for TH' s next move for SMM.  TH is not likely to retain SMM as it is now.  Likely TH will merge SMM with Kep O& M or to take SMM private.  My preferred choice is to hold SMM and wait. | ||||
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tpj118
Member |
11-Aug-2020 15:51
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yea, i load abit more at 185...the pricing really mismatch is u consider u can get 427-491 shares of SCM for every 100 SCI shares...
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danger
Supreme |
11-Aug-2020 15:42
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THink it is Go ahead to resume work for the foreign workers already | ||||
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sheerluck
Supreme |
11-Aug-2020 15:40
Yells: "Work for your money first then let your money work for you" |
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Maybe also due to forecast lower GDP growth.
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FATABA
Supreme |
11-Aug-2020 15:40
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Total volume as of now is aro 16m with more buy 10M then sell ...5M sell side ..... so I dont think shareholders are selling off ....it can b shortist pushing it down .... If I am not wrong, I am relatively confident it will rise back when closer to the Xdate.  DYODD
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