| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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ttbanthony
Veteran |
15-Nov-2021 14:37
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Good point, but how do you know they are not buying?
Anyway, TP 0.094.
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beng1102
Elite |
15-Nov-2021 14:36
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The theorectical ex-right price 12.5c mean it is still trading at a discount.  In theory price should go up to 12.5c, everything else remain constant.
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ckmpd1
Supreme |
15-Nov-2021 14:35
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yes.  Mathematically correct.![]() 8c + (0.2cents x 10days) = 10c  
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share456
Veteran |
15-Nov-2021 14:30
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everyday, SCM moves up by 0.2 cents. very soon, it will hit 10 cents or $0.10.   |
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MANFREDTMK
Master |
15-Nov-2021 14:14
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That's the thing that separate the 2 camps. When you mentioned NO CONTRACT, YOU ARE REFERRING TO THE PAST. But the past is no longer around. In the past, I love to play marbles, now, COCONUTS.
So how do you know No Contract in the future. This is the tricky part, foresight is required. Since the industry is turning around, we look forward and believe Contract is forthcoming. The stock market is forward looking. So we acted now instead of waiting for the contract to be announced. If we have to see to understand, then we are not thinking. Making money requires a lot of thinking even though Thinking HURTS.
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ckmpd1
Supreme |
15-Nov-2021 14:08
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I got out of SMM before RI 2021 when many people were shouting 30c, 40c.  Some thought I was silly.  Now these people are elated and over the moon when SMM is at 8.7c.  How hilarious.  DYODD.  Dont trade on hope and herd mentality.  If anyone thinks SMM is 30c, 40, 8.7c is a huge buying opportunity.  Why are BBs not buying? | ||||
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ckmpd1
Supreme |
15-Nov-2021 13:59
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our time horizon has always been after MGO lapses in Nov to Mar 2022.  Today is 15 Nov 2021.  All the euphoria because price increases by 0.2c? If no new contracts by Mar 2022, price will collapse |
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ckmpd1
Supreme |
15-Nov-2021 13:55
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No profits, no new contracts, any price rise cant be sustained. No amount of hope or shouting can result in sustained price rise. Let us see whether there are new contracts soon
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beng1102
Elite |
15-Nov-2021 13:41
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No announcement price is trending up, if annoucement price will gap up.
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weekaykee
Master |
15-Nov-2021 13:34
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No announcement of any major contract wins despite mgt saying the business environment has improved.  Management said funds are only sufficient till end of 2022. That is only 1 year away. I cannot imagine in the absence of new contracts, how will its balance sheet show a sudden improvement by end of 2022, to avoid another fund raising exercise. Another RI, and SMM' s price will collapse. It is all talk by management now and i will not blame them to attempt to sound positive after a prolonged period of being in the doldrums. Talking up its share price may also help in its merger with KOM. And those who have been following SMM' s mgt, will know not to take its word too seriously. Lots of false hopes have been given recently.  And UOB or DBS analysts have been proven wrong most of the time. Nothing has changed to push up or coninue pushing up the stock price. Going up based on speculation and hope. Yes money can still be made in the short term but remember to get out in time.  
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ttbanthony
Veteran |
15-Nov-2021 13:08
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Bro I don mind you are more right than me
I am more conservative. I don mind it is 0.11. I can upgrade 458 to 488. Please make this happen.
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beng1102
Elite |
15-Nov-2021 13:06
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I would say 11c.
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ttbanthony
Veteran |
15-Nov-2021 13:02
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0.094 TP before 🎄 🤶 | ||||
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kenlian
Member |
15-Nov-2021 12:58
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Sorry. I mean those whom were alway bought at greedy and sell at fear.
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kenlian
Member |
15-Nov-2021 12:42
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Yes, i did told you all this counter will chong soon. But you guys choosed to listen aunties voice. Please refer to my comments two weeks ago.
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tbooncho888
Senior |
15-Nov-2021 12:42
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When the tide is turned, the nay sayers one by one will switch tune and lallang 180 deg....this is to be expected but nonetheless still interesting to observe the hard core iron teeths still holding on to their losing position or argument..... Stock price is the collective output on the chart comprising of all the views and inputs of the buyers and sellers, factoring news, reports and whatsoever....when it is at an extreme end, nothing else can and will be able to push it over the edge, as like a pendulum that has swung to a complete stop at both the extreme ends of its swing....and then immediately it will swing backward from where the orignial direction that it came from....this is physics...it is also the same for stock prices.. SM, at 8c level, is already at that extreme end of its pendulum swing based on common sense and logic, and there are still ppl expecting in their mind that it can swing (drop) another 4c more to reach 4c, despie the fact that TH is LL kenna forced to MGO due to the right exercise, and moreover TH already dropped hints that it is hoping that it will naturally and logically fail with only goondus that will be selling to them, last I understand still got abt 8% of this category willing to sell which is not the majority obviously.......I am really puzzle with why some ppl still think or logic that if most already not willing to sell to TH at 8c, why would ppl still want to sell at 4c when MGO is over....watch cartoon or metaverse too much maybe........and of cos the price will swing backward once the MGO force holding it at 8c is removed lah....can swing forward or drop further meh.....that so long period from right to MGO, all negative news also become so clear that it become positive news effect leow... |
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share456
Veteran |
15-Nov-2021 12:38
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agreed. with merger with keppel = 13 series  
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beng1102
Elite |
15-Nov-2021 12:26
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SG especially will be very fast to act and spend extra big money on clean energy,  Why?    gai gi lang businesses will benefit.
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beng1102
Elite |
15-Nov-2021 12:24
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COP26 agreement means every member state must at least doubling their spending on transformation into clean energy.  SCM is well positioned to take advantage.
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kopi-boy
Member |
15-Nov-2021 12:07
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there is a 3rd school...on the sideline watching dramas...  ![]()
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