| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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DLP123
Senior |
28-Jun-2021 10:02
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Something wrong with this system. Hope some reliable and responsible management team can make it good again. It is unlikely to come from Keppel as they are dumping their O& M.   
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MANFREDTMK
Master |
28-Jun-2021 10:01
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Pray for divine intervention if you want miracles to happen. Pray for those who are dying now. Believe me, life is a circle, what ever one does, good or bad, will come back 10 folds. It's inevitable. You will be blessed.
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TA_Expert
Supreme |
28-Jun-2021 09:59
Yells: "The World has changed" |
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Look at the rally in Keppel Corp. Thanks to gullible SMM holders. Forget about SMM, Keppel Corp is the one to buy, just like SCI. SMM is just a sacrificer. This is the game by TH. So many people wanted to sue Hyfulx, yet nobody talks about doing the same for SMM.
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TraderBen
Supreme |
28-Jun-2021 09:59
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exactly the case.. nonsense decision to call rights at 0.08..technically killed all minority SH.
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newbie19
Supreme |
28-Jun-2021 09:58
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At this juncture it is still wobbly, will dive downwards.....
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talonn
Member |
28-Jun-2021 09:56
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Time to call Wallstreetbets for help!  | ||||
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Trader1987
Veteran |
28-Jun-2021 09:55
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I DON THINK SO DON TOUCH
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nott1965
Veteran |
28-Jun-2021 09:52
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sell sembmarine and buy kepcorp to recoup your losses. I cut mine long ago and now kepcorp is helping me recoup my losses | ||||
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newbie19
Supreme |
28-Jun-2021 09:51
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I considered quite lucky sold last Friday and already bite the bitter bullet and CUT LOST $17K+.
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kvyang
Veteran |
28-Jun-2021 09:50
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Just first an hour of the day. Shorties still doing their job.
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goldenpiggy
Veteran |
28-Jun-2021 09:50
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I think that with no new contracts etc, it will still head southwards
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MANFREDTMK
Master |
28-Jun-2021 09:49
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I am not sure if that's TH intention, but investment bankers do make mistake in their calculation. Since it's only a proposal at this stage, DBS can amend its mistake and stop the pain and agony of the loyal shareholders which can never be described in words.
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mkaung2000
Veteran |
28-Jun-2021 09:48
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I think 0.128 would be floor price for now. | ||||
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Trader1987
Veteran |
28-Jun-2021 09:47
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DONT TOUCH! | ||||
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newbie19
Supreme |
28-Jun-2021 09:46
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Exactly!!!! 
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ehclim
Elite |
28-Jun-2021 09:43
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This is exactly TH wants to screw the small retailed investors so that they can control the combined entity for a song.
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moneyspinner
Veteran |
28-Jun-2021 09:41
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Be brave. Bite the bullet and sell. At least you still get some money back.
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DLP123
Senior |
28-Jun-2021 09:40
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Agree, this is not a JV, Keppel never come out with any money. And Temasek is not sincere to support the success of Singapore Marine and Renewal.  Without this unfair deal, SCM may not need to issue  rights to pay Keppel.   
Believe, Temasek will work harder and come up with a better plan. If not, TM can always cancelled this JV, just like they cancelled the buying of Keppel shares. 
 
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MANFREDTMK
Master |
28-Jun-2021 09:40
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DBS should have set the exercise price at 16.
Then the Rights issue should be 1.5 shares at 16 cents each for every 2 existing shares that you owned. In this case, based on 19 cents before the announcement, the ex-right price will be 18.28 cents. Sembcorp Marine still get the same amount from the Rights issue. But the market price won't have to fall below 18.28 cents now. The shortists should thanks DBS for the pricing of the Rights.
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ahbui8
Master |
28-Jun-2021 09:37
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Simple math, any price above 0.12 will have selling pressure cause selling half of holding at 0.12, you able to fund the rights issue 
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