| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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chart_expert123
Master |
02-Nov-2021 15:20
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Ya. Let both burst, JD, change legal entity name, relist again to avoid all the lawsuits.
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stanleytay
Master |
02-Nov-2021 15:19
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Today, those who bought 0.079 can sell back to TH at 8. 
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TheDuellist
Senior |
02-Nov-2021 15:15
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Turned unconditional. What now? |
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stanleytay
Master |
02-Nov-2021 14:46
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I didnt say.. If you are ' big ' enough to think SMM will go bust. Then by all means, do something here. Short and walk the talk. We have nothing against bearish view. Thats if you think you are bigger than TH.
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weekaykee
Master |
02-Nov-2021 14:27
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If the " almighty" TH wanted to change management with 46%, they would have done it easily. No need to even put it to any voting.It just needed a to make a few phone calls.
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bystander1965
Supreme |
02-Nov-2021 13:36
Yells: "What I say is just my assessment. DYODD" |
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Er... If they vote NO, it means 54% say NO. So what the 46% say, Yes or maybe or whatever, matters or not? The fate is now completely under their control.  
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ttbanthony
Veteran |
02-Nov-2021 13:34
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KOM deal undone.
Perhaps after merger with KOM. Yes it make take it private. Olam is a case to study
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weekaykee
Master |
02-Nov-2021 13:32
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And if TH was so keen and confident in turning SMM around, they would have taken it private by offering a much higher price.  8cts was a signal they are not sure SMM will be able to be revived. 
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weekaykee
Master |
02-Nov-2021 13:30
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You mean whatever TH has touched, has turned into Gold. They have never made losses or written off companies? Stop dreaming. TH' s main focus is to maximise its profits from SCI and KC and they are going to achieve it by hiving off both SMM and KOM from each one of them. The merged entity could turn into a confirmed sacrificial lamb if they see no end to the bleeding. Afterall, their losses in the merged entitiy would be offset by their huge profit margins from KC and SCI.  
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weekaykee
Master |
02-Nov-2021 13:24
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You mean at 46% holding they had no say on management and only now they can change it? For SMM to be revived, the Management has to change. If you do not see any change in this area by January, you better start selling.
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ahbui8
Master |
02-Nov-2021 13:21
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The outcome of MGO being unconditional is what MM want, the majority of 7.9 cts transactions are left to right hand of MM. 
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ttbanthony
Veteran |
02-Nov-2021 13:19
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No more rights. Let this be clear.
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Chagatai
Veteran |
02-Nov-2021 13:17
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Confirm will not bankrupt. Just a matter of how cheap it will be and how high can sell later | ||||
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ttbanthony
Veteran |
02-Nov-2021 13:11
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🚌 🚎 number 124 on the way
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shortyboy
Member |
02-Nov-2021 13:07
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Majority long terms shareholders already in huge paper lost at $0.08ct, hardly anyone will sell unless contra player. Once sold, theres totally no more chance to recoup the huge loss. The only way is to rely on Temasek now to turn the tide. If Temasek n DBS dont sell their holdings in SMM it shows their confident SMM one day will turn around. SMM indeed is for super long term holders not for short term gain contra player. Definite not V shape but U shape long recovery. Need to be super paitience. Unless Temasek or DBS cut holdings then its tine to sell n cut loss
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blackpearl
Member |
02-Nov-2021 12:16
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星 船 , 低 调 。 。 。 低 调 点  
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Starship ( Date: 02-Nov-2021 11:38) Posted:
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Starship ( Date: 02-Nov-2021 11:34) Posted:
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TUE, NOV 02, 2021 - 8:09 AM
THE mandatory general offer by Temasek for Sembcorp Marine (Sembmarine) has turned unconditional after the total shares it owns, controls or agreed to be acquired have crossed the 50 per cent threshold.
In a bourse filing on Tuesday (Nov 2) before the market open, Temasek revealed that it has garnered acceptances equalling to 4 per cent of Sembmarine' s total shares. This brings the shares the sovereign wealth fund owns, controls or agreed to be acquired to 50.6 per cent of Sembmarine' s total shares.
The remaining shareholders have until 5.30 pm on Nov 3 to accept the offer, and will not be able to do so after that. Temasek reiterates that the offer will not be extended beyond the closing date.
Shares of Sembcorp Marine closed flat at S$0.079 on Monday, below the S$0.08 offer price.
https://www.businesstimes.com.sg/companies-markets/temaseks-offer-for-sembmarine-turns-unconditional









