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WiseInvestor Elite	25-Jun-2021 19:27        WiseInvestor About Contact  Quote this Post!   Yells: "Forex Biz Opportunity for traders!"
x 0   x 0  Alert Admin	You need to record $17K+ realised loss. Try not to omit it. To break even, you need to include the loss in your calculation.  As i calculated, your break even point should be 500k at abt $0.174.      newbie19      ( Date: 25-Jun-2021 17:33) Posted: You see, if you do the math calculations... Holding 500K shares (bought 0.198 cts) Sold 300K @ 0.14 cts (Lost $17K+) Still holding 200K @ 0.198 cts will buy 300K of rights issues @ 0.08 cts And so eventually i still holding 500K shares avg  @ 0.139 cts. quite alot of price difference.... I may be wrong.......... pkli899      ( Date: 25-Jun-2021 17:24) Posted: Aiyo, u also half give up liao
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deviljin Member	25-Jun-2021 19:14        deviljin About Contact  Quote this Post!
x 0   x 0  Alert Admin	There are thousands of companies to invest in that generate cashflow and return values back to investors. Why even bother looking at a local loss making company? This is not an investment, this is a donation.
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TraderBen Supreme	25-Jun-2021 19:14        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	End of the day T .. will absorb everything and take It pte. Thanks to all ex shareholders for payin off the debts
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moneyspinner Veteran	25-Jun-2021 19:09        moneyspinner About Contact  Quote this Post!
x 0   x 0  Alert Admin	SCM is taking shareholders for a ride. The amount of money called for under the rights is very substantial compared to the market price of the share. I am sure many shareholders will give this rights issue a miss.
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TraderBen Supreme	25-Jun-2021 19:04        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	The issue is Hvnt even CR .. and the price drop so much lol Checkerman      ( Date: 25-Jun-2021 18:20) Posted: Next Monday will drop another 10-20% to 12cents Think many retail investors will not subscribe.
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WiseInvestor Elite	25-Jun-2021 18:48        WiseInvestor About Contact  Quote this Post!   Yells: "Forex Biz Opportunity for traders!"
x 0   x 0  Alert Admin	I noticed some in this thread selling some shares to set aside money for rights issue subscription at 8 cents in order to fit into same position size (number of shares) you have hold.  I think there may be a possiblity of conspiracy theory between key management of SCM and hedge funds holding abt 270M short shares for long term. So, the funds might grab a good chance of buying back shares at lower price than $1.50 today. I will check the update next Thursday. Checkerman      ( Date: 25-Jun-2021 18:20) Posted: Next Monday will drop another 10-20% to 12cents Think many retail investors will not subscribe.
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TraderBen Supreme	25-Jun-2021 18:40        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Like that not too bad. Cheers. I might buy back some when the price goes lower newbie19      ( Date: 25-Jun-2021 18:00) Posted: I sold all my free shares given free from SCI and pocketed $25k+. And recently make another round of profits of SMM $18K+.. So i m consider lucky in a way...not so much of sim tia.. TraderBen      ( Date: 25-Jun-2021 17:52) Posted: I have cut loss at the last min too. Sold at 139. Was hoping that there will be short covering
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Checkerman Master	25-Jun-2021 18:20        Checkerman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Next Monday will drop another 10-20% to 12cents Think many retail investors will not subscribe.
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crystalbee Veteran	25-Jun-2021 18:19        crystalbee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes some relief. My fault never cut loss earlier at $1.50 to $2. When share price $0.75 only I woke up from hoping share price can reach $1.50 when oil prices improve.  newbie19      ( Date: 25-Jun-2021 18:10) Posted: Lucky you only 1 lot... crystalbee      ( Date: 25-Jun-2021 18:03) Posted: I bot at $3. Sold at $0.80 just before rights issue announcement. Once in awhile check price only. Was waiting for at least $1.50 so loss is 50%. Realised share price ding dong from $0.75 to $0.80 for long time and not likely go up to $1.50. So I sold and lost $2.2K. Relief only bot 1 lot
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look@bright Elite	25-Jun-2021 18:18        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	Daylight robbery
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ckmpd1 Supreme	25-Jun-2021 18:18        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes.  Thank goodness, it was only one lot.  I pity senior citizens who sank in a lot of their retirement money into SMM few years ago, thinking it was safe to get dividend income crystalbee      ( Date: 25-Jun-2021 18:03) Posted: I bot at $3. Sold at $0.80 just before rights issue announcement. Once in awhile check price only. Was waiting for at least $1.50 so loss is 50%. Realised share price ding dong from $0.75 to $0.80 for long time and not likely go up to $1.50. So I sold and lost $2.2K. Relief only bot 1 lot. TA_Expert      ( Date: 25-Jun-2021 17:31) Posted: His average price is only 0.149, that is dirt cheap compared to many others. Just imagine those who bought at $3 or $4. At this level, there is no necessity to sell at all because the risk-reward ratio is super high
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look@bright Elite	25-Jun-2021 18:14        look@bright About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are Wrong. This is T game plan to let retailers pay bill. T will cover back loses from KC and SCI. sutiono      ( Date: 25-Jun-2021 17:42) Posted: Temasek lose money , directors still take multi mllions salaries .
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newbie19 Supreme	25-Jun-2021 18:10        newbie19 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Lucky you only 1 lot... crystalbee      ( Date: 25-Jun-2021 18:03) Posted: I bot at $3. Sold at $0.80 just before rights issue announcement. Once in awhile check price only. Was waiting for at least $1.50 so loss is 50%. Realised share price ding dong from $0.75 to $0.80 for long time and not likely go up to $1.50. So I sold and lost $2.2K. Relief only bot 1 lot. TA_Expert      ( Date: 25-Jun-2021 17:31) Posted: His average price is only 0.149, that is dirt cheap compared to many others. Just imagine those who bought at $3 or $4. At this level, there is no necessity to sell at all because the risk-reward ratio is super high
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crystalbee Veteran	25-Jun-2021 18:03        crystalbee About Contact  Quote this Post!
x 0   x 0  Alert Admin	I bot at $3. Sold at $0.80 just before rights issue announcement. Once in awhile check price only. Was waiting for at least $1.50 so loss is 50%. Realised share price ding dong from $0.75 to $0.80 for long time and not likely go up to $1.50. So I sold and lost $2.2K. Relief only bot 1 lot. TA_Expert      ( Date: 25-Jun-2021 17:31) Posted: His average price is only 0.149, that is dirt cheap compared to many others. Just imagine those who bought at $3 or $4. At this level, there is no necessity to sell at all because the risk-reward ratio is super high. teeth53      ( Date: 25-Jun-2021 17:28) Posted: Many players who getting or got struck have a stubborn natural, including me. Shares got stuck too. B' cos of greed, then when shares price goes up, held on abit longer, abit more greedy. Reach TP point (Sell). If lost, can cut n when to cut lost or else, can affors to lose, be prepare to be stuck for many years
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newbie19 Supreme	25-Jun-2021 18:00        newbie19 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	I sold all my free shares given free from SCI and pocketed $25k+. And recently make another round of profits of SMM $18K+.. So i m consider lucky in a way...not so much of sim tia.. TraderBen      ( Date: 25-Jun-2021 17:52) Posted: I have cut loss at the last min too. Sold at 139. Was hoping that there will be short covering
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TraderBen Supreme	25-Jun-2021 17:52        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	I have cut loss at the last min too. Sold at 139. Was hoping that there will be short covering
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TA_Expert Supreme	25-Jun-2021 17:49        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	Did you short? uiop1223      ( Date: 25-Jun-2021 17:48) Posted: It will fall to 8 cents after dilution and worse, if keppel sh get free SMM shares. Why hold when u can cut loss and pay other counters? Look at Areit, its share price always recover after rights issue. This shows how solid a company is vs a goner company. Keppel dont even want to continue this shit and SMM stubbornly continues. I believe is for jobs purpose it cant shut down but this doesnt mean the share price will recover
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uiop1223 Supreme	25-Jun-2021 17:48        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It will fall to 8 cents after dilution and worse, if keppel sh get free SMM shares. Why hold when u can cut loss and pay other counters? Look at Areit, its share price always recover after rights issue. This shows how solid a company is vs a goner company. Keppel dont even want to continue this shit and SMM stubbornly continues. I believe is for jobs purpose it cant shut down but this doesnt mean the share price will recover
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newbie19 Supreme	25-Jun-2021 17:44        newbie19 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	You have a point...Most probably i will hold for 2 years to max. 3 years.. TraderBen      ( Date: 25-Jun-2021 17:41) Posted: But by taking the loss of 17K plus need to fork out another 24k for the rights. U r already paying 41k more. So either way makes no sense unless scm recover to 20cents newbie19      ( Date: 25-Jun-2021 17:33) Posted: You see, if you do the math calculations... Holding 500K shares (bought 0.198 cts) Sold 300K @ 0.14 cts (Lost $17K+) Still holding 200K @ 0.198 cts will buy 300K of rights issues @ 0.08 cts And so eventually i still holding 500K shares avg  @ 0.139 cts. quite alot of price difference.... I may be wrong.........
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sutiono Veteran	25-Jun-2021 17:42        sutiono About Contact  Quote this Post!
x 0   x 0  Alert Admin	Temasek lose money , directors still take multi mllions salaries .
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