Latest Forum Topics /
Sembcorp Ind
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SembCorp Industries
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ICXGOLD
Master |
07-Jun-2020 22:25
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Sadly we have lost 2 days of bull run. With friday S&P 500 up another 2.6% monday ican expect another move up. Hope the board have common sense to release news early and open us for trading on monday rather than delay news till close of business tomorrow and remove halt to resure trading tuesday. Deal or no deal.shareholders already missed a 2 day move. | ||||
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desmodeus
Veteran |
07-Jun-2020 21:57
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From past observtion, news out fast if good news. Drag until 3rd day, usually not. Let' s ee whether I am correct, | ||||
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Lumafa
Member |
07-Jun-2020 21:32
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I might be wrong. Just guessing.
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Lumafa
Member |
07-Jun-2020 21:20
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I am not a active player in stock. But I remembered when "System Access" which I owned in 2006 was suspended for a few weeks before it was delisted due to takeover.
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f16force
Senior |
07-Jun-2020 21:16
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SCI suspended for a month? Are you a newbie in the stock market? | ||||
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Lumafa
Member |
07-Jun-2020 21:05
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My guess is that SCM will be privatised and delisted. SCI will be suspended for a long period probably about 1 month until all the SCM shareholders accepted the offer by deadline. | ||||
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bxylqwan
Master |
07-Jun-2020 21:03
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I see. Thanks
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ICXGOLD
Master |
07-Jun-2020 21:01
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SGX rules: can halt trading only for 3 days | ||||
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SgTrader17
Elite |
07-Jun-2020 20:44
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Of all the discussion, let's hope the news come out by tomorrow. Or else, it will go into suspension on Tuesday. That will not be a nice situation: SCI shares suspended. Has its shares being suspended since it started trading? I can't remember of any. Hope news come tomorrow, and hope it's good news for both SCI and SM shareholders. | ||||
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Djsoul80
Master |
07-Jun-2020 19:25
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It's been in discussions since year 2002 or 2012.. Can't remember which year.. I can only remember that article was with a year ending "20x2" behind.
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Lumafa
Member |
07-Jun-2020 19:24
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I only have a few lots of SCI. Hopefully good news🤑
https://sgstocksinvesting.com/sembcorp-marine-stock-to-be-privatised/ |
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123Sang
Senior |
07-Jun-2020 19:17
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just my take...SCI new boss background with 20 yrs experience in energy sector. SCI core business will be on energy, marine has to put up for adoption? | ||||
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Djsoul80
Master |
07-Jun-2020 19:04
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Don't worry... SCI will not be the one privatized .. I'm just saying "if"..referring to a forum posted... According to my banker's advise, it maybe pulling out sembcorp marine from Sembcorp Ind.. And thus, Sembcorp Industries trading price will be pushed up from there... Whatever it is, nothing is confirmed until news be out tomorrow. My banker, my stockbroker may got wrong information? Never knows.. Or maybe it's a sabotage of leaking wrong information by the big bosses out there sitting in their comfortable chairs in the boardroom?
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danger
Supreme |
07-Jun-2020 19:01
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LOAD
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ken3478
Member |
07-Jun-2020 18:49
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I buy 2.32,hope dream come true
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f16force
Senior |
07-Jun-2020 17:22
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Either SCI or SM is privatised, both stocks will benefit, it is a question  of which stock will gain more than the other.   |
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HK9988
Member |
07-Jun-2020 17:19
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Is the term loan a credit line or something srmbmarine have drawn on already? I feel it needs more than $500 mil to tide over this n possibly next year. | ||||
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f16force
Senior |
07-Jun-2020 17:13
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Think of it, if SM is issuing rights shares, it would not have announced  $500 million term loan   |
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HK9988
Member |
07-Jun-2020 17:05
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If they r privatising SCI,why do they halt sembmarine? My feeling is a rights issue for sembmarine in view of their poor business outlook n huge debts.Like SIA. And since SCI owns 61% of it,SCI is also halted. Part B :when able to tide thru Oct 20 after Keppel partial offer is done then merge the 2 marine subunits. Just my guess. | ||||
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LongNobley
Master |
07-Jun-2020 16:37
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If they really offer $2.50, they are really stupid because that?s an upside of 66.6%. That?s too much from last trading price
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