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danger Supreme	13-Oct-2020 09:31        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	bro better has a 12 month target price of 60cents
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TigerPlay Master	13-Oct-2020 09:29        TigerPlay About Contact  Quote this Post!
x 0   x 0  Alert Admin	Told u yesterday, now got chance even to buy lower at 14.6 laiow TigerPlay      ( Date: 12-Oct-2020 10:40) Posted: No worry Bro, this share up and down, you sure got chance, is not like now 14.7 will not come down. You may be amazed later go down to 14.5, nobody know one, be patient lor. Even 14cts oso possible leh. Doesnt mean go up 14.7 and all the way up one
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ADS2200 Veteran	12-Oct-2020 23:17        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	one day closer. today' s vol 40,701,100 is lower than last Friday 73.891,100 while short sell vol 10,995,800 increased 2,890,600 which means 27% imho that is quite a huge amount of short sell in relation to the vol traded. the closing price is 14.8c is there sth they know that we do not ? ... keep watching    ckmpd1      ( Date: 10-Oct-2020 14:07) Posted: SCM is a counter worth holding on for longer term.  Dont look at the daily fluctuations.  Look at the bigger plan for SCM  Alson18      ( Date: 10-Oct-2020 14:03) Posted: Hv  afeeling the BB s are suppressing the price until 3rd qtr results released.. hopefully if kep corp moves higher can give SCM a lift..
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ADS2200 Veteran	12-Oct-2020 17:00        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	vol has came down substantially from the kind of vol from the start $200m today is only 40m. reduced by 80-90% from the peak hmmm ...
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danger Supreme	12-Oct-2020 16:46        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	WE ALL KNOW BRO BETTER IS PISSED WITH SCI BECAUSE OF SUCCESSFUL DEMERGER .. THE SCM RIGHTS ISSUE GOT YOU SLAUGHTERED BADLY
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danger Supreme	12-Oct-2020 16:43        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	because you posted 12mths target price for SCM is  60 cents .. I impressed !
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better Elite	12-Oct-2020 16:42        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	SCI is in a very matured business. It can be argued that almost anyone can run a power plant nowadays. You can get the contract only when you are willing undercut your competitors substantially and agree to take on a huge debt to finance or fund the project. SCI has close to $10 billion debt and make only $200-300 million on a good year. The need of a Temasek led rights issue to recapitalise SCI is high based on its current trajectory. That' s why SCI need to do an India IPO urgently to avert an impending cash crunch. If you ever deal with India Indians before, you would know that it is not easy to make money from them. SCI' s debt to equity ratio will worsen to about 250% after SMM rights issue. The $1.5bil subordinated loan to SMM, which was previously classified as an asset in SCI' s book, will have to be written off. It is like a bank writing off a bad debt. Not even making a loss provision but actually writing it off.  From the accounting standpoint, it is like SCI making an $1.5 billion extraordinary loss (equivalent of 6-7 years of their net profit). If you have studied the breakdown of SCI' s H1 results, you would have noticed that they are actually making a net loss even if we exclude SMM' s contribution. The main reason of the demerger is because SCI over committed itself to bill out SMM last year by offering them a $2 billion subordinated loan.  SCM drew $1.5 billion from it but SCI would likely would be in a cash crunch if SMM draw down the remaining $500 million. Therefore, the rights issue is to get SCI off the hook for the remaining $500 million and also to maximise Temasek' s direct holding in SMM. The rights issue flooded SMM with more than ample liquidity but place SCI in a worse financial shape. It is impossible for them to get further bank loan. Rolling over existing debts may be on more stringent terms.  You know how bad SCI' s cashflow is when they have to announce to the world recently that they managed to secure a meagre $40 million loan to fund a solar contract.  Many SCI retail shareholders is willing to sell their free SMM shares because they calculated that 4.9*14.7 + 1.33 = $2.05 is about 10% higher than SCI share price before the distribution. Once the selling by SCI retail shareholders start to dry up in the coming weeks/ months, SCI would likely drop back towards the $1 mark. JMHO (Just my humble opinion). Might be nonsense....reader beware
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better Elite	12-Oct-2020 16:39        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	At this point, low 20s to breakeven. What about you?
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better Elite	12-Oct-2020 16:37        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rising cost of living has been a hot topic over the past decade. To say yes to higher Sembcorp profit is like saying yes to higher utility bills for all Singaporeans. Not likely to happen soon until they win back Aljunied and Seng Kang GRC. The opening up of the Singapore electricity market is another stab on utility players&rsquo chest.  Bear in mind that Hyflux went under when they try to get into the highly competitive and volatile " electricity" business.
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danger Supreme	12-Oct-2020 16:34        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	bro better how you handled pre rights issue loading at such high price ? what price you need to breakeven ? I reckon around 45 to 50 cents ?
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better Elite	12-Oct-2020 16:33        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	While SCI' s biz is quite diverse, a lot of it is still cantered around the Singapore utilities market, electricity, water, waste etc. SCI' s profitability is more of a political decision rather than a commercial outcome. In short, the Singapore government does not allow Sembcorp and other utility players to make more than a sustenance margin.
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better Elite	12-Oct-2020 16:31        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just to clarify some misconceptions on this forum: SCI has nothing to do with SMM and vice versa after the rights issue exercise. SCI owns 0% of SMM now and SMM owns 0% of SCI. 2 distinct biz entities. Temasek currently owns 42.6% of SMM and 49.9% of SCI. Though this is the wrong thread to comment about SCI, but quite frankly, I would not buy SCI now even at $1.
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better Elite	12-Oct-2020 16:17        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	Breaking news: Natural gas futures surged 6% today to $2.9+/-    Was trading at $1.8+ just a month ago.
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danger Supreme	12-Oct-2020 16:11        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	he went into shock and coma already   ADS2200      ( Date: 12-Oct-2020 16:07) Posted: few hundred lots at 17c, probably hibernating.  look at today' s trades  0.147 1,309 28,880,600 18,005,600 10,618,000 patience, massive accumulation.  ICXGOLD smart, went to rest danger      ( Date: 12-Oct-2020 15:52) Posted: our friend ICXGOLD DISAPPEARED BANKRUPT AFTR LOADING FEW HUNDED LOTS AT 17c 1 MONTH AGO
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ADS2200 Veteran	12-Oct-2020 16:07        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	few hundred lots at 17c, probably hibernating.  look at today' s trades  0.147 1,309 28,880,600 18,005,600 10,618,000 patience, massive accumulation.  ICXGOLD smart, went to rest danger      ( Date: 12-Oct-2020 15:52) Posted: our friend ICXGOLD DISAPPEARED BANKRUPT AFTR LOADING FEW HUNDED LOTS AT 17c 1 MONTH AGO
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danger Supreme	12-Oct-2020 15:52        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	our friend ICXGOLD DISAPPEARED BANKRUPT AFTR LOADING FEW HUNDED LOTS AT 17c 1 MONTH AGO
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Trader1987 Veteran	12-Oct-2020 15:49        Trader1987 About Contact  Quote this Post!
x 0   x 0  Alert Admin	$0.147 more to go Peter88      ( Date: 12-Oct-2020 10:54) Posted: I bought beause I asked myself how much more can this go down ? More upside or downside .
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Trader1987 Veteran	12-Oct-2020 15:47        Trader1987 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cover back his 700 short @ $5.00 few years back 😂 😂 ADS2200      ( Date: 12-Oct-2020 15:17) Posted: i like whoever bought 700 @ 14.8c fierce accumulation. i have contributed my tiny part 😅
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ADS2200 Veteran	12-Oct-2020 15:17        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	i like whoever bought 700 @ 14.8c fierce accumulation. i have contributed my tiny part 😅
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ADS2200 Veteran	12-Oct-2020 14:59        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	sell down is also more tailored and cautious. who knows what 😜 .... your guess is as good as mine ☝ ️ 🙏
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