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uiop1223 Supreme	15-Aug-2020 18:10        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If u dont intend to subscribe to the rights in SMM, u shld have sold the shares before XR. The rights will be almost worthless when start trading. 1 cent or maybe lower SgTrader17      ( Date: 15-Aug-2020 17:08) Posted: I am vested in SCM recently as the share price seems relatively low to me. But with the constant drop, I am also on paper losses now. I am into the rights and either to sell them when rights trading starts or subscribe to the rights. Basically, with the current SCM pricing at 22.5 cents, it doesn't make any sense or any profits for SCM shareholders for this rights issue. Selling out the rights is cutting losses and taking some money out and reduce your funds in SCM portfolio. Subscribe to the rights will means injecting more funds into SCM investment but with no profits gain from the subscription price of $0.20 at all since market price is only $0.225 and the main SCM shares bought already down more than 30% after XR. There's no gains to talk about. Only retail investors can choose to bite the bullet or to sell out. The ones collecting will need to hold and have patience for rewards to come, if further plan for SCM and with Kep marine unit does materialize. Investors do not like uncertainty. I may have to subscribe to the rights issue too, as the 30% drop after XR is a substantial paper loss and needs to be average down and hoping for the better days into end of the year or into 2021. This will be a patience game for me. Hope I will emerge with some profits in the end. Not going to be an easy walk in the park, though. Dyodd. Vested, SCI and SCM. josemmm123      ( Date: 15-Aug-2020 16:50) Posted: --- Post Removed by User ---
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ckmpd1 Supreme	15-Aug-2020 17:46        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I see SCI and SCM as good shares to have if the investor can hold it for at least one year. SgTrader17      ( Date: 15-Aug-2020 17:08) Posted: I am vested in SCM recently as the share price seems relatively low to me. But with the constant drop, I am also on paper losses now. I am into the rights and either to sell them when rights trading starts or subscribe to the rights. Basically, with the current SCM pricing at 22.5 cents, it doesn't make any sense or any profits for SCM shareholders for this rights issue. Selling out the rights is cutting losses and taking some money out and reduce your funds in SCM portfolio. Subscribe to the rights will means injecting more funds into SCM investment but with no profits gain from the subscription price of $0.20 at all since market price is only $0.225 and the main SCM shares bought already down more than 30% after XR. There's no gains to talk about. Only retail investors can choose to bite the bullet or to sell out. The ones collecting will need to hold and have patience for rewards to come, if further plan for SCM and with Kep marine unit does materialize. Investors do not like uncertainty. I may have to subscribe to the rights issue too, as the 30% drop after XR is a substantial paper loss and needs to be average down and hoping for the better days into end of the year or into 2021. This will be a patience game for me. Hope I will emerge with some profits in the end. Not going to be an easy walk in the park, though. Dyodd. Vested, SCI and SCM. josemmm123      ( Date: 15-Aug-2020 16:50) Posted: --- Post Removed by User ---
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SgTrader17 Elite	15-Aug-2020 17:08        SgTrader17 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am vested in SCM recently as the share price seems relatively low to me. But with the constant drop, I am also on paper losses now. I am into the rights and either to sell them when rights trading starts or subscribe to the rights. Basically, with the current SCM pricing at 22.5 cents, it doesn't make any sense or any profits for SCM shareholders for this rights issue. Selling out the rights is cutting losses and taking some money out and reduce your funds in SCM portfolio. Subscribe to the rights will means injecting more funds into SCM investment but with no profits gain from the subscription price of $0.20 at all since market price is only $0.225 and the main SCM shares bought already down more than 30% after XR. There's no gains to talk about. Only retail investors can choose to bite the bullet or to sell out. The ones collecting will need to hold and have patience for rewards to come, if further plan for SCM and with Kep marine unit does materialize. Investors do not like uncertainty. I may have to subscribe to the rights issue too, as the 30% drop after XR is a substantial paper loss and needs to be average down and hoping for the better days into end of the year or into 2021. This will be a patience game for me. Hope I will emerge with some profits in the end. Not going to be an easy walk in the park, though. Dyodd. Vested, SCI and SCM. josemmm123      ( Date: 15-Aug-2020 16:50) Posted: --- Post Removed by User ---
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naoshingo Elite	15-Aug-2020 17:04        naoshingo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya..but ultimately what is the value of SCI after the demerger would be interesting...the residual value. Hope it would be around 1.5 - 1.7  ckmpd1      ( Date: 15-Aug-2020 16:52) Posted: I agree with you.  SCI shareholders are quite sheltered at no cost and relatively no risk josemmm123      ( Date: 15-Aug-2020 16:50) Posted: --- Post Removed by User ---
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ckmpd1 Supreme	15-Aug-2020 16:52        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I agree with you.  SCI shareholders are quite sheltered at no cost and relatively no risk josemmm123      ( Date: 15-Aug-2020 16:50) Posted: --- Post Removed by User ---
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ckmpd1 Supreme	15-Aug-2020 16:48        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	SCM shares may be consolidated naoshingo      ( Date: 15-Aug-2020 16:44) Posted: I am holding Keppel shares also... God,,after the whole episode..Im stashed with SM shares...:LOL...
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naoshingo Elite	15-Aug-2020 16:44        naoshingo About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am holding Keppel shares also... God,,after the whole episode..Im stashed with SM shares...:LOL...
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ckmpd1 Supreme	15-Aug-2020 16:26        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	There are two considerations: 1. Strategic.  Singapore cant afford to let SCM and Kep O& M die as they employ many workers and many other companies depend on these two companies to survive. So TH must try to keep SCM and Kep O& M alive. 2. Financial.  Times are bad.  Obviously, TH has been very stretched...with SIA and other companies not doing well.  They will try to get SCM and Kep O& M gg at the cheapest price.  The time now is a good time.  That is why TH shelved the offer to take 51% of kep corp.  TH hoes that SCM and kep corp price will be down before they push their offer That' s why I am not surprised the demerge mtg was moved forward to 11 Aug from the originally planned early sep SgTrader17      ( Date: 15-Aug-2020 16:03) Posted: If merger between SCM and Kep marine unit is a must under current world business calimate, I also agreed that something needs to be done in the near future. Especially when both the units from Sembcorp and Keppel are not doing well and employing so many foreign workers. Govt even have to keep them during lockdown and pay them salaries, showing that there is no intention to send them back but continue to keep them to work for the marines unit. Temasek takes SCM under their control may be a sign for more things to come. The only thing I don't like is that it seems the share price of SCM is purposely pushed down to a minimum, even so near to the rights issue price. End of the day, so many retail investors may just sell away their SCM shares and sell away their rights shares at losses while these shares are picked up cheaply by some other buyers. I think this is done with a purpose? To Collect cheaply? And then the offer for KepCorp was dropped and KC price smashed down to history low of below $5. Smells something there too, at the expense of small retail investors for both sides of SCM and KC. If there's something good, will they announce it earlier? I seriously think they will just let the prices drop low first, let the small investors sell off first, then only come with any merger related good news and by then, the shares already collected cheaply. By who? It's one's own guess who will buy cheaply and hold for the better times. Let's see if we can also hold onto our SCM shares and wait for the good news. It will take some patience and correct mindset. Dyodd. Vested.
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desmodeus Veteran	15-Aug-2020 16:18        desmodeus About Contact  Quote this Post!
x 0   x 0  Alert Admin	if a merger do happen, guess what will be the share swap ratio to be. this has to based on valuations of how much each is worth. classical case for mba m&a study josemmm123      ( Date: 15-Aug-2020 15:15) Posted: --- Post Removed by User ---
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SgTrader17 Elite	15-Aug-2020 16:03        SgTrader17 About Contact  Quote this Post!
x 0   x 1  Alert Admin	If merger between SCM and Kep marine unit is a must under current world business calimate, I also agreed that something needs to be done in the near future. Especially when both the units from Sembcorp and Keppel are not doing well and employing so many foreign workers. Govt even have to keep them during lockdown and pay them salaries, showing that there is no intention to send them back but continue to keep them to work for the marines unit. Temasek takes SCM under their control may be a sign for more things to come. The only thing I don't like is that it seems the share price of SCM is purposely pushed down to a minimum, even so near to the rights issue price. End of the day, so many retail investors may just sell away their SCM shares and sell away their rights shares at losses while these shares are picked up cheaply by some other buyers. I think this is done with a purpose? To Collect cheaply? And then the offer for KepCorp was dropped and KC price smashed down to history low of below $5. Smells something there too, at the expense of small retail investors for both sides of SCM and KC. If there's something good, will they announce it earlier? I seriously think they will just let the prices drop low first, let the small investors sell off first, then only come with any merger related good news and by then, the shares already collected cheaply. By who? It's one's own guess who will buy cheaply and hold for the better times. Let's see if we can also hold onto our SCM shares and wait for the good news. It will take some patience and correct mindset. Dyodd. Vested.
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ckmpd1 Supreme	15-Aug-2020 15:24        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree with you.  That' s one viable option for TH. Not doing anything when the market is in such a situation is a none option, considering TH is willing to take SCM out of SCI  josemmm123      ( Date: 15-Aug-2020 15:15) Posted: --- Post Removed by User ---
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ckmpd1 Supreme	15-Aug-2020 14:49        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree.  I do see some urgency in this direction.  All equities are at rock bottom now.  If TH has plans to privatise SCM or merge it with Keppel, isnt this a good time to rus=h ionto it?  I dont think TH wld want to wait longer for prices to go up before privatising or merging the companies  sheerluck      ( Date: 15-Aug-2020 14:46) Posted: But the process can really take sometime.  TH has to " restart" the process of getting Keppel O& M out of Keppel again.  Also start to look out for good price to accumulate Keppel. ckmpd1      ( Date: 15-Aug-2020 14:39) Posted: Agree with you.  TH will not leave SCM and Kep Corp the way they are.  There will be something coming up from TH soon on these two companie
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sheerluck Supreme	15-Aug-2020 14:46        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	But the process can really take sometime.  TH has to " restart" the process of getting Keppel O& M out of Keppel again.  Also start to look out for good price to accumulate Keppel. ckmpd1      ( Date: 15-Aug-2020 14:39) Posted: Agree with you.  TH will not leave SCM and Kep Corp the way they are.  There will be something coming up from TH soon on these two companies josemmm123      ( Date: 15-Aug-2020 14:25) Posted: --- Post Removed by User ---
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ckmpd1 Supreme	15-Aug-2020 14:45        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, I mentioned that the table was wiped clean for the new CEO.  To me, the writing is so clear on the wall for SCI to surge over the next few qtrs and for TH to announce their plans for SCM. The whhite wash resolution was originally planned for end aug, earl sep.  Is it significant that it was brought forward to 11 Aug? I am expecting more good news next yr. josemmm123      ( Date: 15-Aug-2020 14:35) Posted: --- Post Removed by User ---
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ckmpd1 Supreme	15-Aug-2020 14:41        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree with you. That is why I intend to hold on to my SCI shares and SCM entitlements.    sheerluck      ( Date: 15-Aug-2020 14:30) Posted: This SCM and Keppel merger potential can only benefit SCI shareholders who holds on to their SCM shares to see that day coming.  Separately, in the long run, we should treat SCI separately from SCM.  After the demerger and distribtuion-in-specie SCI NAV will be between 1.67 to 1.80.  While NAV drops about 45%, their earning should be free from the drag of SCM.  How should SCI be valued after the demerger? Based on the latest H2 results, it also seems like SCI performance excluding SCM is bad.  Is it because of some exceptional items?   ckmpd1      ( Date: 15-Aug-2020 14:19) Posted: If the report is correct and as many of us expected that SMM and Kep Corp/O& M are working towards a merger, then it spells another good news for SCI share holder
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ckmpd1 Supreme	15-Aug-2020 14:39        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree with you.  TH will not leave SCM and Kep Corp the way they are.  There will be something coming up from TH soon on these two companies josemmm123      ( Date: 15-Aug-2020 14:25) Posted: --- Post Removed by User ---
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sheerluck Supreme	15-Aug-2020 14:30        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	This SCM and Keppel merger potential can only benefit SCI shareholders who holds on to their SCM shares to see that day coming.  Separately, in the long run, we should treat SCI separately from SCM.  After the demerger and distribtuion-in-specie SCI NAV will be between 1.67 to 1.80.  While NAV drops about 45%, their earning should be free from the drag of SCM.  How should SCI be valued after the demerger? Based on the latest H2 results, it also seems like SCI performance excluding SCM is bad.  Is it because of some exceptional items?   ckmpd1      ( Date: 15-Aug-2020 14:19) Posted: If the report is correct and as many of us expected that SMM and Kep Corp/O& M are working towards a merger, then it spells another good news for SCI share holders josemmm123      ( Date: 15-Aug-2020 14:16) Posted: --- Post Removed by User ---
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ckmpd1 Supreme	15-Aug-2020 14:19        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If the report is correct and as many of us expected that SMM and Kep Corp/O& M are working towards a merger, then it spells another good news for SCI share holders josemmm123      ( Date: 15-Aug-2020 14:16) Posted: --- Post Removed by User ---
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ckmpd1 Supreme	15-Aug-2020 08:48        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	below is the schedule of SCM rights: 1. Trading of rights - 19 Aug 2. Last date for Payment of rights share - 2 sep 3. Issue of rights share - 11 sep SgTrader17      ( Date: 14-Aug-2020 22:53) Posted: I think he is referring to the distribution of SCM shares in September. Not the rights issue for SCM leh. SCM cum rights already over and now is waiting for rights trading starting from 19/08. CheeryVGoh      ( Date: 14-Aug-2020 22:38) Posted: Think cum rights is 2 days from 11/08 to 12/08, X-rights on 13/08. Is a really short period.
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SgTrader17 Elite	14-Aug-2020 22:53        SgTrader17 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think he is referring to the distribution of SCM shares in September. Not the rights issue for SCM leh. SCM cum rights already over and now is waiting for rights trading starting from 19/08. CheeryVGoh      ( Date: 14-Aug-2020 22:38) Posted: Think cum rights is 2 days from 11/08 to 12/08, X-rights on 13/08. Is a really short period. naoshingo      ( Date: 14-Aug-2020 20:03) Posted: Actually, the cum-distribution is only one day....extremely short in my opinion...have you guys seen anything like that before in other stocks? No chance to contra also or for people to trade.
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