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Sembcorp Ind
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SembCorp Industries
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Checkerman
Master |
05-Sep-2023 09:03
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waiting for opportunity below $5
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pursuer76
Veteran |
05-Sep-2023 08:50
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If they bought the shares from market, the quantity would be sufficient to kill the 7.3m shares shorted yesterday.
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Mandmx
Member |
04-Sep-2023 18:02
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So that is more like a redistribution amongst the BB and 535 would have been a new support. Unfortunately some opportunistic guys took the chance to short it. This looks like a more likely scenario now?
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ysh2006
Supreme |
04-Sep-2023 17:49
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Today SCI buy back 365K share at $5.26.....so no scare lah.. | ||||
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stockpicker
Master |
04-Sep-2023 17:24
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This table might be clearer.![]()
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stockpicker
Master |
04-Sep-2023 17:17
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This information is available from the broker site or shareinvestor.com if you are a subsribers.    the record shows that it was " sold to buyer" .  Sorry I have used the word short sell.    not meant to be naked sell which would only known by the end of the day.  
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pursuer76
Veteran |
04-Sep-2023 16:40
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If that' s the case, there will be changes to the interest and will be reported in SGX. Furthermore, we are looking at around 100mil shares bought at 5.35 for last Fri and today.
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beng1102
Elite |
04-Sep-2023 16:36
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It was reported in Taiwan news that our own  sovereign  fund make a huge loss amount to some 24 in China.  Could it be that there selling SCI to shore up profit.
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FATABA
Supreme |
04-Sep-2023 16:18
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Yes. so big volume amd only be done by some big funds.........one reason is to balance their etf profolio.  However, whoever is the parties selling certainly know something we dont know .  Unless some one has other reasons to share....I have to view this negatively for the short term .  20c drop on first day is not common esp w a 40+M volume . DYODD
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pursuer76
Veteran |
04-Sep-2023 16:08
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Today, total of 25mil shares done at 5.35 via married deal. Why would the BBs buy at 5.35 when they can get at lower price? It' s becoming very profound and illogical. Either they are very confident that it will rise above this price soon or perhaps margin call?
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jacky80
Senior |
04-Sep-2023 15:47
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SCI kanna wack left n right few times. Jp Morgan, sg electricity pricing, waste management and today not sure yet.
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pursuer76
Veteran |
04-Sep-2023 15:28
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Unlikely can close at 5.35 albeit many investors, including myself would hope so. Usually when it got sell down until this level, hard to close at last closing price.
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ysh2006
Supreme |
04-Sep-2023 15:21
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Ya hor: last time they said don't sell the waste collecting business : it dropped alot too but rebounded fast and furious ... | ||||
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Mandmx
Member |
04-Sep-2023 15:14
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It looks like a sell down day in the broader market. But the mass sell off in sci on the first trading day after inclusion in msci is irrational. And irrational behavior is short-lived.
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beng1102
Elite |
04-Sep-2023 15:05
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It is making a U Turn and I think could close the day around 5.35.
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Checkerman
Master |
04-Sep-2023 13:30
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Yes stand at 4.97
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pursuer76
Veteran |
04-Sep-2023 13:21
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May I know how do you know they were shortsell? Such information is not made available until end of the day?
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Startsmm
Member |
04-Sep-2023 13:20
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Flying tomorrow 5.36 | ||||
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stockpicker
Master |
04-Sep-2023 13:19
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There is no good news either. The Hong Kong and Shanghai bourses rose might be because the bullish traders thot the indexes were over sold and the bad news were all out,  causing the indexes to lose over 10% in the last few months plus the US and other global markets are beginning to see some lights,    But what happened iin China is a debt crisis due to collapse in property markets.  Dun think the crisis is so easily solved unless the Government can bail those who lost big.  The recovery today might be just a relief rally which is not substainable. https://skyjuiceiswater3.blogspot.com/2023/09/where-hong-kong-and-shanghai-bources.html  
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easywin
Supreme |
04-Sep-2023 13:15
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More safe buy below $5 | ||||
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