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Sembcorp Ind
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SembCorp Industries
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TigerPlay
Master |
18-Aug-2020 10:45
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today from 1.88 to 1.91, 3 cts swing only, so BB dun come in to play. Sometime i wonder, is it BB come in then got big swing, or got big swing then BB come in to play. Which is which? | ||||
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danger
Supreme |
18-Aug-2020 10:44
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where is jose message about you cutting loss and selling away SCI ? | ||||
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arctician1982
Senior |
18-Aug-2020 10:20
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maybe market see the risks with large revenue exposure to india, u see our banks and telcos, generally india market always very low margin | ||||
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JY0064
Senior |
18-Aug-2020 10:14
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Anyone here share the thinking that the biggest bb who owns the largest shareholding of SCI at a much lower price (below 1.55), is quietly liquidating to execute the demerger exercise ? In the end, lppl. SCI holders also become SMM holders. |
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TigerPlay
Master |
18-Aug-2020 10:01
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is because no  BB play. The buy sell vol queuing is not too large, only 100, 200 lots plus, so if BB come in, they can easily shift them few notches up or down. Then it make it more lively. meanwhile, we lie low and wait, wait, wait....Patient...
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SgTrader17
Elite |
18-Aug-2020 09:41
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Seems history repeating itself. Got news but price really control well. Will be a surprise if SCM moves up though. Just hope SCI stays in green zone today. If down today, will be third time in three trading days in red. Isn't nice at all with the CD in near future. | ||||
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TigerPlay
Master |
18-Aug-2020 09:29
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Today, just like the many other days, nothing moves...BB lying low, maybe waiting for ambush in Sep when all focus gone from SCi, hahaha. Play this counter really need patient, when you gave up, they strike, based on my own personal experience only hor. | ||||
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Wordee
Senior |
18-Aug-2020 09:21
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wah the price very sticky @~1.8x even with new projects | ||||
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sheerluck
Supreme |
18-Aug-2020 09:11
Yells: "Work for your money first then let your money work for you" |
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Wow.......looks like today will be any test of faith for SCI shareholders. | ||||
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lawsershare
Senior |
18-Aug-2020 09:04
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Another similar successful China Industrial Project... Looks like both SCI & SCM will benefit Myanmar Project along the way... ![]()
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halleluyah
Supreme |
18-Aug-2020 08:53
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depend on tomolo trading of smm rights...no eyes to see.... | ||||
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TigerPlay
Master |
18-Aug-2020 08:52
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All good news and vibes, but the final decision to move up/down SCi is still the BB. We got no say, sadly. Now is still 1.88/1.89, like not likely any Chiong go to happen, double sad leh
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lailai
Elite |
18-Aug-2020 08:21
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Yeah, urban development is good bizness for SCI which it has been doing very well for quite a while. An extract from its group brochure to give an idea about this section of its biz: " The Value We Create Delivering the economic engine to support industrialisation and urbanisation &bull 13 projects in Vietnam, China and Indonesia &bull ~1,000 customers comprising multinational corporations and leading local enterprises &bull US$29 billion in direct investments attracted to our integrated developments" Also an ext  from 2019 report regarding its earnings just from this biz alone: " Record financial performance from the Urban business, exceeding S$100 million in net profit 2019 was a stellar year for the Urban business, underpinned by residential sales. Profit from operations grew to S$177 million from S$94 million, while net profit increased to S$117 million from S$86 million the year before. This was driven by the recognition of profit from property development, with the successful completion and handover of Riverside Grandeur in Nanjing, China, as well as two residential projects at Vietnam Singapore Industrial Park (VSIP) developments in Vietnam. Return on equity for the business was 11.4%. The development properties were also recognised by the industry, receiving a record number of awards and accolades for their concept and design."   JFI for those interested. With scm detached, SCI' s profitability shd go up faster and higher when covid-19 tapers down. Likewise, SCM without its debt burden and with TH as its godfather as backer, shd be able to compete for bigger projects with more customers' trust and confidence.  ![]()
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ICXGOLD
Master |
18-Aug-2020 08:11
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Sembcorp Industries announced on August 17 that its wholly-owned subsidiary, Sembcorp Development will develop its first integrated urban development in Myanmar. The Myanmar Investment Commission, under the direction of the Myanmar government, has issued a permit approving the development of the Myanmar Singapore Industrial Park. | ||||
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rlong8288
Master |
18-Aug-2020 07:55
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PUB AND SEMBCORP COMMENCE CONSTRUCTION OF 60 MWP FLOATING SOLAR PHOTOVOLTAIC SYSTEM ON TENGEH RESERVOIR One of the world&rsquo s largest inland floating solar farms enabling integration of green technology with water treatment |
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danger
Supreme |
18-Aug-2020 06:35
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Sembcorp Industries subsidiary to develop first integrated urban development in Myanmar Sembcorp Industries announced on August 17 that its wholly-owned subsidiary, Sembcorp Development will develop its first integrated urban development in Myanmar.The Myanmar Investment Commission, under the direction of the Myanmar government, has issued a permit approving the development of the Myanmar Singapore Industrial Park. |
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ckh002
Member |
18-Aug-2020 00:02
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I also ditched KC and loaded more SCI today.  Siao liao I think I have over-exposoed my portfolio in one counter.  Cash not even mobilised my CPF & SRS.  My retirement depend on SCI liao    $1.90 x 10 lots (cash) $1.90 x 4.5 lots (SRS) $1.89 x 13.8 lots (CPF) $1.86 x 25 lots (SRS) last week $1.80 x 30 lots (queued) Now dont even know what' s the support level. Chartings are not accurate for this counter.  I think the price now is mainly determined by the SMM   
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ckmpd1
Supreme |
17-Aug-2020 20:34
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agree with you.  Buy SCI and SCM at the present prices.  There is a good upside potential.   
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Goldfinger
Supreme |
17-Aug-2020 20:21
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This is a hold for me. I do not really care how much it rises or falls at this juncture. If it goes back to SGD1.70-SGD1.75 before the cum entitlement, I will buy more SCI.  Think SCM and SCI are both doing good now. Both have their merits and SCM has a new powerful shareholder. How many companies can boast of Temasek as a major direct shareholder?    | ||||
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SgTrader17
Elite |
17-Aug-2020 20:13
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Volume is low again. As previously I have observed, volumes needs to cross above 10,000 lots for any substantial price upside. After demerger plan approved, volume fell back to its normal level. Only when the volume shows increase above 8,000 to 10,000 lots, then we can hope for a rally to return. If same as before, it will be during the last 3 to 5 days. From 3rd September onwards, I think. We awaits, AGAIN.
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