| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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ADS2200
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06-Jul-2021 07:35
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  We hear you 123, time to get ready.  | ||||
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Checkerman
Master |
06-Jul-2021 06:36
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Believe SMM is worth less than 10 cent in months to come
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Trader1987
Veteran |
06-Jul-2021 00:05
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Before $0.200 right shares issued, people keep loading and loading - thinking it will not go below $0.200 --> it went below $0.120 Before  $0.080 right shares issued, people keep loading and loading - thinking it will not go below $0.080 --> how low will it goes this time...
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shortyboy
Member |
05-Jul-2021 23:05
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From day one smm rights issue at $0.20 is a tomb junk yard plan to rescue sembcorp ind and keppel corp. Since it already junk yard, why dont squeeze smm SH cough out more cash to share burden. Only morons keep buying n praying Ta ma sick will do something to prop up price when everyone is aware $0.08 ct or below is confirm coming in August. Current support $0.12 is just usial fake support b4 Aug $0.08 hit. At this level BB short for 4 weeks. Imagine $0.04 diiferrence is another huge profit into their pocket in Aug. Likewise same trap setup at $0.20+/- level b4 the big plunge. BB is forever the winner. Yes pls continue to bite their bait to buy n get trap again. Once stricken twice shy. Think hard b4 yr hard earn retirement funds is gone | ||||
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sutiono
Veteran |
05-Jul-2021 22:34
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CEO Wong also took up all the previous rights at 0.20 ? | ||||
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simpleguy123
Elite |
05-Jul-2021 22:20
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OH MY GAWD, yes that really hurts and sucks too. I remembered the quantity he bought was a lot, hope he is recovering well. Maybe he will vote Opposition Party also :)) 6-7 cents a share might not seem much, but if you bought 100,000 shares that' s like a $7,000.00 loss. ![]()
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newbie19
Supreme |
05-Jul-2021 22:14
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He already mentioned before after losing a chunk of his
cut lost shares. He will lie low till after the wind of change.
Hope he is coping well...
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PhillipTan
Supreme |
05-Jul-2021 22:00
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Yeah, it' s not easy
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simpleguy123
Elite |
05-Jul-2021 21:54
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To be honest, I was hoping he got the fairytale ending.![]() But if I was him, I will be feeling like I got screwed over. Tough if we were to be in his position now, it' s not easy to approach this situation with a positive mindset and brave face. Especially after he kept buying and buying at the high range.
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SgTrader17
Elite |
05-Jul-2021 21:33
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Actually, from my own point of view, it is very tricky qn whether SCM will drop below 11 cents or even lower or not. Below 12 is likely, lower than that to 11 cents, 10 cents ... We can view in different perspectives. From shorties point of view, the rights issue create massive shares dilution and rights issue at only 8 cents, so possible to push it down to 11 cents or 10 cents (still "higher" or premium to that 8 cents). So the lower the prices, the less will ppl want to take up the rights issue (scenario replay of previous rights issue?) But, from a different perspective, if shares prices dropped too low, it create opportunities for Temasek to pick up cheap, buy from the open market or take up all the rights that ppl do not want (at cheap cheap 8 cents) and then get all the free shares from the new combined entity of KOM and SCM, which is the reborn of a mega yard to complete with Korean and Chinese yards. By then, when ppl realize that a big opportunity exists for the new entity at a reasonable cheap prices, they buy in from the open market where the new entity is listed and trading, Temasek will be the major shareholder holding all the cheap sales they collected during the rights issue. They have all the capital and resources to do that, unlike we retail investors or even institutional investors who cannot afford too big price drops and will dump in fears. In a nutshell, there may be a replay of what happened in the previous rights issue, prices dropped from 20 cents (nobody wants the rights issue) dumped down to 12 cents. Big fish swallowed all the cheap shares and awaited it to recover back to 22 cents. Who is the end winner and who is the end loser? Well, that's what likely to happen again. History repeats itself or plays in another bigger stage as this time it involves KOM and the creation of a new combined entity. A whole new episode. It's gonna be a blockbuster. Don't miss it. DYODD please. My two cents opinions. | ||||
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PhillipTan
Supreme |
05-Jul-2021 21:32
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I wonder how is bro better Haven' t heard from him for a long time |
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Lobster
Elite |
05-Jul-2021 20:35
Yells: "Even Adam Khoo believes in the Black Market!" |
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Well, I am not the one who made this view because I only joined this year. but as I said,  this time the stakes are higher.. and so Temasek responsibility is much involved now. anyway, I did not say that the price will never go below 12. I said that if it goes below 12 cents, the game is technically over, so don' t have to talk about going below 8 cents So right now, Temasek  main task is to ensure the share would not drip below 12 cents, how it does it, nobody knows, although many are sure they are doing something, otherwise how you reason the price has been above 12 cents for the past week. even the shortists are wary, that is why the shortists actions are not the same as AUGUST 2020  
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sutiono
Veteran |
05-Jul-2021 19:11
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Cannot stand on its own !
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raykee
Veteran |
05-Jul-2021 18:22
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terrible and lousy management is all i can say....... nearly a year after it was disowned, it still uses the parent logo....totally no pride company | ||||
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worstt
Member |
05-Jul-2021 17:23
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August 2020.. When the price hit 0.250. Some Mr. Cent said the same thing... price above termasek support... alot bros lost interest... and say best time to talk about a stock is when everybody is not looking at it... Results... the price drift down to below 20 cents....below right price.
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Lobster
Elite |
05-Jul-2021 17:15
Yells: "Even Adam Khoo believes in the Black Market!" |
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Closed 0.123, still above the Temasek perceived support mark. now, a lot of bros abandoned, lost interests, or switched jobs. as I said, the best time to talk about a stock is when everybody is taking a nap. I will continue to post as I overheard anything. pdyohwadfmb  |
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ckmpd1
Supreme |
05-Jul-2021 11:52
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Yes.  TH will not want to see SMM going below 12c for now. That is why i think it is quite safe that SMM will remain at 12c or above.  So it is imporant for retail investors to know more abt the rights timeline.  That can make or break the rights issue 
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Lobster
Elite |
05-Jul-2021 11:40
Yells: "Even Adam Khoo believes in the Black Market!" |
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I say again, if the price falls below 0.12, technically, it' s not worth subscribing to the rights. Because after xrights, the price will go way below the issue price of 0.08, and it' s like game' s over fir all retailers. So it' s up to Temasek to do the necessary to ensure there will be interest in SCM and the rights issue. Since the announcement, price has not closed below 0.12. So surely Temasek has been quietly doing something. It must been confident (together with its crony DBS) to commit to scoop up all the rights shares, Mandatory takeover OFFER is a reality and a possibility but it does not mean Tamesek will definitely take it private.There are enough instruments in its hand to keep it listed.
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weekaykee
Master |
05-Jul-2021 11:22
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But we also have to look into the possibility of the mandatory offer being activated. MS is not just indulging in mere PR. The lower the price of SMM, the higher the probability of undersubscription of rights and the TH having to make the mandatory offer.  
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ckmpd1
Supreme |
05-Jul-2021 11:20
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Yes.  If no news, everything remains the same.  The two main things to look out for, besides contract wins, are: 1. latest financial situation 2. EGM and proposed rights issue
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