| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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Godwinlow
Elite |
28-Jun-2021 22:46
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Really many die hard supporters of Sembmarine. Although the company failed you, nonetheless still so many hardcore supporters. Salute  | ||||
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Abe2021
Veteran |
28-Jun-2021 22:40
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UOB quoted 18c rmb seen, heard it somewhere. Really not sure who has the right crystal ball.  Alraedy said they hentak kaki at 13.2/13.3 for teh rest of the afternoon Vested few hundred @ 13+. Likely will gap up tomorrow Bonjour 🥸
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naoshingo
Elite |
28-Jun-2021 22:28
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Merge to enjoy Issue rights to enjoy Sub rights to enjoy Take over to enjoy ![]()
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Abe2021
Veteran |
28-Jun-2021 22:14
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Possible mandatory takeover ... why do you have doubt ? Think again and you will know the answer. No need to doubt  This rights must move ahead. Dyodd think again. You are thinking about money, T is think about the future More will be announced.   
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ahboy8
Member |
28-Jun-2021 22:00
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tomorrow onwards, price will only be going up!
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desmodeus
Veteran |
28-Jun-2021 21:57
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stack up 2 pillows tonight. dream of 1.4x BV
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Calmroom
Master |
28-Jun-2021 21:51
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Read until my brain temperature going up. Maybe even short sellers are confused!  ![]() Tomorrow see if they try harder to push down  below 13c again or start buying up to cover. |
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desmodeus
Veteran |
28-Jun-2021 21:44
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wow 16c
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ahhuat08
Elite |
28-Jun-2021 21:44
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Thanks for the explanation, its getting rather interesting from now on  
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Lobster
Elite |
28-Jun-2021 21:41
Yells: "Even Adam Khoo believes in the Black Market!" |
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Temasek anticipate all,that... it has to ensure the mother price remains attractive, possibly between 50 to 100% of issue price. So, expect it to trade between 0.12 and 0.16, near term. It will never allow it to fall to below issue price, and today shortists knew it.  That is why, they announce big big , that they and DBS will scoop up everything if nobody once, plus today free publicity of a possible mandatory takeover. All this to keep the interest going, and their intention of ensuring the rights succeeds. It is not Temasek interest or business to own or run a company entirely, so they have to keep on interesting the public. And  even if they are forced to make that takeover offer, they will still want to keep it listed, so it will ensure that there are enough supporters to stay vested in it.  OLAM as example if you will know what I mean.   This is one game shortists will find it hard to play.  vested. Pdyohwadfmb 
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ahhuat08
Elite |
28-Jun-2021 21:36
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i m not too sure also
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sutiono
Veteran |
28-Jun-2021 21:35
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But crossing 50% , does not need to make an mandatory offer at all , only crossing 30% need to , am I right to say this ? Pls correct  if I am incorrect , thanks.
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desmodeus
Veteran |
28-Jun-2021 21:33
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exactly what I mean 99.9% sure TO because subscribing for its entittlement will surely be more than 1% addition to its current more than 30% voting rights
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ahhuat08
Elite |
28-Jun-2021 21:32
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but y luck plays an important part from now onwards, by hook or by crook they (TH and DBS) gonna get the rights $? can enlighten ? tks
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ahhuat08
Elite |
28-Jun-2021 21:29
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thats what i thought so, or else wont be making such statement as " pursuant to which Startree Investments Pte. Ltd. (&ldquo Startree&rdquo ), a wholly-owned subsidiary of Temasek Holdings (Private) Limited (&ldquo Temasek&rdquo ) has, among other things, committed to subscribe for its pro-rata entitlement and excess rights such that its total subscription will be up to 67.0% of the Rights Issue."
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Lobster
Elite |
28-Jun-2021 21:18
Yells: "Even Adam Khoo believes in the Black Market!" |
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I think a lot of people going to be shot...if this scenario is true there' s a reason why Temasek did not include the white wash resolution. exactly to give the impression or reality of a possible takeover. I am confident, if that' s the case, that leading to the ex date of rights, the price will bounce back. and will be trading higher than issue price by that time, people got no choice but to hang on the shares in order to qualify for the rights. and since time immemorial, people gets greedy, when seeing so much profits can be made and so will subscribe to as many excess as possible. then whatever that is left over, which will then be not much.will be scooped by Temasek and DBS. the main idea is to ensure that the rights are fully subscribed  when the dust is settled, and time for trading ex rights, the price may weakened but it doesn' t matter, to Temasek or SCM any more  They got their money, which is the main purposes do objective Possible mandatory takeover, is real, you cannot make this up. but it is part of the strategy, a smoke screen luck needs to play a very important part from here on vested. pdyohwadfmb  |
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bystander1965
Supreme |
28-Jun-2021 21:14
Yells: "What I say is just my assessment. DYODD" |
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2 conditions for mandatory general offer : 1. Exceeds 30% 2. Entity folding between 30 to 50% if it acquires 1 more % within a 6-month period.   So case 2 is likely to happen. The offer cannot be lower than the entity' s last acquired price. So in this case 0.08? Hmmm... This part I' m not very sure. When the general offer is made, the rest of sh will decide whether to accept. If the acceptance results in the entity crossing 90%, it becomes compulsory. Then whether you like it or not u have to sell to them.
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pkli899
Supreme |
28-Jun-2021 21:11
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Ok, noted. Thanks.
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desmodeus
Veteran |
28-Jun-2021 21:01
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in what circumstances waive you mean, court approves I think. 
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pkli899
Supreme |
28-Jun-2021 20:59
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Aiyo, confused liao. In what circumstances 30% har?
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