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Where did 2nd SCM new NAV thread disappeared to?
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TA_Expert
Supreme |
12-Sep-2020 00:51
Yells: "The World has changed" |
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I agreed with you. If Temasek will to privatise it at $0.10, these shareholders should not kpkb. This is the worst GLC under the belt of Temasek, far worst than Chartered Semi which was sold at lelong price. From a blue chip with a long history becoming a penny stock shows how well is the management of Temasek. They only pay themselves high salaries and perks. Many people do not know that SMM pays super well in the past to their employees. Min 6 - 12 months bonuses is a norm even a junior staff get 6 months bonus on average. They do not practise financial prudent. It is very easy for the management to point finger to the collapse of oil price that resulted in the dismay situation of the company. There is no accountability.
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ADS2200
Veteran |
12-Sep-2020 00:10
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well the door isn' t closed which means more actions come monday. going to watch and follow. i am right behind. when you are ready to close the door have a good weekend. |
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shadow11
Veteran |
11-Sep-2020 23:22
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Sounds like Kris energy.
IPO 1.10...slowly melt down and issue rights at 44c and continue melt till sub 20c... And until 10c goreng up to 24c and then continue down till suspense. Up lorry. |
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uiop1223
Supreme |
11-Sep-2020 23:15
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SMM shareholders voted for it. They deserved this
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happyharvest
Elite |
11-Sep-2020 23:09
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rights price is at 0.2. now is at 0.163. subscribers should be very pissed
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Mckiney
Member |
11-Sep-2020 18:49
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What price is consider the below right price ?
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happyharvest
Elite |
11-Sep-2020 18:32
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who are the lucky ones avoiding buying at right prices and buying at below right prices? 
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desmodeus
Veteran |
11-Sep-2020 16:49
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if another 200m shares flood the market on monday, guess how low will the price be
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Stocky901
Supreme |
11-Sep-2020 16:24
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Yes. Finally breaking the record low. Looks bad from here..
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Shifu8888
Supreme |
11-Sep-2020 13:35
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Agree with you. Those who dumped are probably those retailers.
I am long with SCI and SCM. I will take a longer view with SCI.
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des_khor
Supreme |
11-Sep-2020 13:33
Yells: "Tell me who is God or Market Fortune Teller in this forum ??" |
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Despite billions of shares flooding on the ground and vol still low ... | ||||
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Shifu8888
Supreme |
11-Sep-2020 13:33
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I am suspecting those sell q is fake.
Those Shenton Way Raffles Bb will know as well. A mad push up and force shortists to cover. I Guess those wanting to dump had already done so. Not sure. |
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Shifu8888
Supreme |
11-Sep-2020 13:29
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Depending on which level to short.
I probably wont do it now. Not sure. Maybe your risk appetite is bigger. I sense some reversal. All the best. My POV.
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shortyboy
Member |
11-Sep-2020 13:25
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One things is definite clear to everyone. Today tis stock is everyone favourite and safest stock to short with 5pm closing with rock bottom trust u agreed too
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Thiamm
Veteran |
11-Sep-2020 13:14
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SCI still vested with SMM after the distributions?
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Shifu8888
Supreme |
11-Sep-2020 13:08
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Drop yes.
0.09? Will not happen. SCM is used to (appease) SCI shareholders. Existing shareholders of SCI will sell SCM shares. Too low, SCI will also tank and this will not be allowed to happen. There will be market makers. Those are not the sungei road BB. Those who when absorbed enough, will do a tidal wave push.
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shortyboy
Member |
11-Sep-2020 13:06
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SCI holders will continue dumping SMM on 1st day 11sep. Today friday nobody stupid to buy overweekends. Everyone know SCI heavy dumping SMM to cash out. More bloodshed on closing. Worst if hold till next week. Good luck to those stupid holding SMM | ||||
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shortyboy
Member |
11-Sep-2020 13:00
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Avoid fast n furious sharp falling knives after 1pm till 5pm closing. Buy at your own risk. BB target below $0.09cts n below. God bless those still holding | ||||
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easywin
Supreme |
11-Sep-2020 12:40
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Once upon a time was blue chip now become penny stock. Very sad for those invested, more worse for those who have bought the rights. | ||||
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lorann
Senior |
11-Sep-2020 12:12
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Very unlikely. TH will probably wait until it is around 0.10 before it make a move
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