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SembCorp Marine- The new Frontier. Post Reply Rate topic
bystander1965 Supreme	24-Jun-2021 18:36        bystander1965 About Contact  Quote this Post!   Mood: Yells: "What I say is just my assessment. DYODD"
x 0   x 0  Alert Admin	That's unlikely. The institutions are caught off guard also I think, or whatever BB that are long. They will step in to fight so that they can get out also. Eventually it will probably drift towards 0.1. ahhuat08      ( Date: 24-Jun-2021 18:30) Posted: Tomorrow open straightway gap down to 124, jialat those bot last few months. tbooncho888      ( Date: 24-Jun-2021 18:13) Posted: floor is 0.124 tmr, any lower is bargain....any higher is premium
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ICXGOLD Master	24-Jun-2021 18:35        ICXGOLD About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIA also just announced rights at $1 . Tamasek literally killing all shareholders
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Starship Supreme	24-Jun-2021 18:35        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sembcorp Marine proposes S$1.5b rights issue, to explore merger with Keppel Offshore & Marine THU, JUN 24, 2021 - 6:23 PM EMBCORP Marine is planning an additional S$1.5 billion rights issue to shore up its financial position and accelerate its pivot towards clean energy, it said in a filing to the Singapore bourse on Thursday evening. In addition, it has inked a memorandum of understanding with Keppel Corp to explore a potential combination of Sembcorp Marine and Keppel Offshore & Marine. Sembcorp Marine is proposing a fully committed, renounceable rights issue of up to 18.83 billion new shares on the basis of three new shares for every two existing shares held, at S$0.08 per share. This works out to a 35.7 per cent discount to the theoretical ex-rights price and a bigger 58.1 per cent discount to the counter' s close at S$0.191 on June 23. The rights issue is expected to be completed in the third quarter of this year, and comes on the heels of an earlier S$2.1 billion rights issue in September last year. Temasek' s wholly-owned unit, Startree, will subscribe for its 42.6 per cent pro-rata entitlement and apply for excess rights shares, such that it subscribes for up to 67 per cent of the rights issue. DBS will underwrite the remaining 33 per cent. Sembcorp Marine said: " The board and management of Sembcorp Marine believe that the further recapitalisation via the rights issue is required to strengthen the group' s balance sheet, address the temporary working capital depletion and replenish liquidity to meet the projected operational funding requirements through to end 2022. Specifically, proceeds from the rights issue will be used for working capital and other general corporate purposes, including debt servicing." The rights issue will also improve the group' s net gearing from 0.75x to 0.25x on a pro-forma basis as of Dec 31, 2020. An extraordinary general meeting (EGM) will be called in August for Sembcorp Marine to seek shareholders' approval for the rights issue. Startree has given its irrevocable undertaking to vote in favour of the rights issue at the EGM. https://www.businesstimes.com.sg/companies-markets/sembcorp-marine-proposes-s15b-rights-issue-to-explore-merger-with-keppel-offshore
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naoshingo Elite	24-Jun-2021 18:30        naoshingo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lol...sell SCI to buy the Rights... Just saying....haiz...😷 😷
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ahhuat08 Elite	24-Jun-2021 18:30        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tomorrow open straightway gap down to 124, jialat those bot last few months. tbooncho888      ( Date: 24-Jun-2021 18:13) Posted: floor is 0.124 tmr, any lower is bargain....any higher is premium
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ahhuat08 Elite	24-Jun-2021 18:28        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	post rights issue will be in excess of 31 billion shares, this should be the highest number of issued share capital in the entire sgx.  someone did mention .124 the ex theorethical price of the share, solid man i reckon, scm will do a share conso post rights issue this is really massive n insane
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CheeryVGoh Supreme	24-Jun-2021 18:28        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Huge dilution. 3 for 2 Right Issue at 0.08.  tbooncho888      ( Date: 24-Jun-2021 18:23) Posted: From now to Aug EGM, diluted price if maintained above 0.124 will be attractive.....
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Miracle- Senior	24-Jun-2021 18:27        Miracle- About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haiz time to wait out and go other stocks for now.
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bystander1965 Supreme	24-Jun-2021 18:26        bystander1965 About Contact  Quote this Post!   Mood: Yells: "What I say is just my assessment. DYODD"
x 0   x 0  Alert Admin	It's in another announcement. rookie$$      ( Date: 24-Jun-2021 18:10) Posted: Where does it say so? Because they said issue rights for debt servicing bystander1965      ( Date: 24-Jun-2021 18:06) Posted: As expected, KOM's dead assets will not be in the merger talk. Instead they will be sold separately to external investors. But I guess everyone is focusing on the rights instead... Not the merger any more.🤣
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Starship Supreme	24-Jun-2021 18:25        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	tbooncho888      ( Date: 24-Jun-2021 18:13) Posted: floor is 0.124 tmr, any lower is bargain....any higher is premium
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tbooncho888 Senior	24-Jun-2021 18:23        tbooncho888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	From now to Aug EGM, diluted price if maintained above 0.124 will be attractive.....
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Starship Supreme	24-Jun-2021 18:19        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	sutiono      ( Date: 24-Jun-2021 18:17) Posted: Many in this thread promote buying almost everyday
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rookie$$ Member	24-Jun-2021 18:19        rookie$$ About Contact  Quote this Post!
x 0   x 0  Alert Admin	Isn' t this expected for merger? SembMarineLong      ( Date: 24-Jun-2021 18:16) Posted: Disappointing outcome. Two rights  issue back to back from last year and now.
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sutiono Veteran	24-Jun-2021 18:17        sutiono About Contact  Quote this Post!
x 0   x 0  Alert Admin	Many in this thread promote buying almost everyday
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SembMarineLong Veteran	24-Jun-2021 18:16        SembMarineLong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Disappointing outcome. Two rights  issue back to back from last year and now.
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tbooncho888 Senior	24-Jun-2021 18:13        tbooncho888 About Contact  Quote this Post!
x 0   x 1  Alert Admin	floor is 0.124 tmr, any lower is bargain....any higher is premium
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rookie$$ Member	24-Jun-2021 18:10        rookie$$ About Contact  Quote this Post!
x 0   x 0  Alert Admin	Where does it say so? Because they said issue rights for debt servicing bystander1965      ( Date: 24-Jun-2021 18:06) Posted: As expected, KOM's dead assets will not be in the merger talk. Instead they will be sold separately to external investors. But I guess everyone is focusing on the rights instead... Not the merger any more.🤣
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alwayshopeful Senior	24-Jun-2021 18:10        alwayshopeful About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not just dilutive. Sentiment towards the share affected as well. So soon need rights issue. SembMarineLong      ( Date: 24-Jun-2021 17:52) Posted: Rights issue is  dilutive.. It' s gonna free fall tomorrow.   littlemonkey      ( Date: 24-Jun-2021 17:49) Posted: 0.31 huat ah
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Starship Supreme	24-Jun-2021 18:09        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	mkaung2000      ( Date: 24-Jun-2021 18:01) Posted: Looks like the plan was leaked? That' s explain sudden sold down from 200/205?
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sutiono Veteran	24-Jun-2021 18:09        sutiono About Contact  Quote this Post!
x 0   x 0  Alert Admin	Kena playef sgain .
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