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SembCorp Marine- The new Frontier.
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ahbui8
Master |
04-Nov-2021 13:00
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I post this logic before, but the negative view here still believe shortist will do them the favor by short sell this counter to 6 - 7cts for them to enter. 
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ahbui8
Master |
04-Nov-2021 12:48
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For me I will not buy SCM anymore enough holding liao unless shortist dare to short sell till 7cts, I will buy a big lot again 😂 . Actually on my greedy side, I do hope shortist dare short sell till 7cts so that it' s very attractive to buy more. Base on my calculation, TH pump around a total of 1141m in SCM which mean TH avg price is 6.7cts.
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investor999
Elite |
04-Nov-2021 12:46
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May I ask a foolish question. If there is chance to sell at 8 cents, and Temasek already offered at 8 cents and close. So why will this share fall below 7.9 cents? It will be damn stupid to not sell at 8 cents and wait till fall below 8 cents to sell right? If people need money back would have sold, then who will keep selling at 8 cents I must be very stupid to ask this question | ||||
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stanleytay
Master |
04-Nov-2021 11:46
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" Normally I will join the shorting on the first day if its heavily shorted " ... Sound a bit contradicting, its like they give a full scenerio of where SMM share price will move for so many weeks and then now they say, if big boys short, then i short. Haha So who are the big boys here? Know where you stand. Talk is free. No one here ask you to bet your life on SMM   |
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share456
Veteran |
04-Nov-2021 11:30
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Normally, SCM shorting will last 2 to 3 days.
Normally, I will join the shorting on the 1st day if it is heavily shorted
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SureStrike
Veteran |
04-Nov-2021 10:53
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Keep moving on man! SCM with TH support.  Good luck to all for long in this counter. DYODD. |
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ttbanthony
Veteran |
04-Nov-2021 10:50
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👍
Shortists are welcome to short. I will look. To add to my position. Will reserve a further 500k to buy. Good news that McO is over. Good news that Temasek in a clear cockpit. Good news that weekly transmission is less than 1 Good news that losses are expected as per announcement. Now, ready for the rally. 94 coming.
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stanleytay
Master |
04-Nov-2021 10:36
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I am only interested if you are telling the forum here, you will be shorting or have shorted like weekaywee because you are another one who keep repeating here. It doesnt matter if retailers buy or sell... end of the day, its the big boys who decide the price. In this case its TH. Not share456,ckmpd, chart expert.. when you know where you stand, you will be more at ease with buying or selling.
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shortyboy
Member |
04-Nov-2021 10:32
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Low MGO acceptance is definitely expected. Majority n minority shareholder are hardcore strong supporters of Temasek stock. Many are super long terms holders from few dollars till current price. They trust Temasek expertise one day will turn SMM profitable back to glory days. If Temasek is able to turn keppel marine profitable, why not SMM. We believe in them hence we hold. Those sold are short term investor. Well it may takes months or years untill 1 day Temasek decide to sell their holdings. Else our patience and trust is always there. Give them full trust and confident to manage through. | ||||
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naoshingo
Elite |
04-Nov-2021 10:32
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Ya...anyways, I am glad that it didn' t turn out to be another United Engineer case.... If that kind of flip flop would have happen, T would be a real bad ass... ![]()
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ttbanthony
Veteran |
04-Nov-2021 10:27
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A hotbed for Shortists is when there are weak holders.
This MGO exercise flushed out weak holders. Shortists are welcome to short and I will be keen to see how they cover back. |
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share456
Veteran |
04-Nov-2021 10:25
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MGO is over, no more support at 8 cents by Temasek 8 cents cannot hold because it does not factor in the $650 millions loss for 2H 2021 and analysts' forecast loss of up to $500 milions for 2022. Shortists will short SCM up to 5 cents. Any further bad news like unfavourable merger terms will further depress the share price. No contract win until end of 2021 will further create weakness in the price.   |
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ttbanthony
Veteran |
04-Nov-2021 09:45
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Yes
The Angmo insti MS made it harsh. Typical heartless angmo corporate honcho mentality. Everyday they release announcement about this MGo related updates and the final one before expiry was the most impactfuL Many rushed to exercise at 8. Paltry buy q at 79/78. All scared.
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ttbanthony
Veteran |
04-Nov-2021 09:32
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Let me be clear. If existing holders after MGO did not sell at 8, what makes anyone feel/think he/she will sell to you at 4/5?
If he/she is obsessed with purchasing at 4/5, look for some shares trading at 4/5. I recommend spaceman. It is trading at 0.004/0.005 range. Cut the crap here. If you can get below 8, perhaps 78/79, grab. It because you have purchased at a steal than Startree. 9.4 cents on the way, all the way to 12.4 cents. Good news coming. Time is ripe, MGO over, TH 55% now. SCM will SURVIVE! |
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chart_expert123
Master |
04-Nov-2021 09:16
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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If still got time before merge, back to 8cents.
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chart_expert123
Master |
04-Nov-2021 09:15
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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TP 4-5cents before merge. | ||||
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ttbanthony
Veteran |
04-Nov-2021 09:14
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If anyone can buy below 8, just grab.
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ksangks
Senior |
04-Nov-2021 09:12
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Guess 0.08 can hold for few days . | ||||
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naoshingo
Elite |
04-Nov-2021 08:59
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Ya..I must say, I am dissapointed. Even at 8c also cannot hold. Rights issue is so low already.  
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naoshingo
Elite |
04-Nov-2021 08:57
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It is a very harsh exercise for Retailers..... especially if we don' t follow the news...and hold on with guts...
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