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SembCorp Marine- The new Frontier.
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stanleytay
Master |
18-Sep-2021 13:34
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I admire your courage to come in and post now. Those usual suspects who had been posting negative non stop for past two weeks all went into hiding now. At least you still dare to come in and post. I give it to you. Probably when you are buying at 5c next time.. i wont be holding any smm by then  
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stanleytay
Master |
18-Sep-2021 13:30
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Its stated that an offer of 8c will be announce soon. So who will sell below 8c on monday for you to buy?
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beng1102
Elite |
18-Sep-2021 13:24
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below 8c mean buy from market and sell to TH to arbitrage.
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chart_expert123
Master |
18-Sep-2021 13:23
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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😁 😁 everything is possible. Like 1 year ago, you also will not know sembmar will offer 8cents rights in less than 1year after 20cemts rights
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chart_expert123
Master |
18-Sep-2021 13:21
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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1) not, people target 5cents and hope a bounce back to 8.4cents.
2) short seller at 5 dollars with total shares of 2.1bil already cover out at 20cents with 12billion shares. It is 4.8/5, 96% profit. Short seller at 20cents with 12bil shares is covering their shares at around 8cents or lower with 31billion shares. It is 60% profit. For those shortseller push it lower 8cents is those short at 20cents by expecting pushing price down to attract more sellers. To you buy at 8cents, +-1-3 cents movement is a lot, for them, short covering process for their short above 20cents is between 50-75% profit for price 5 to 12 cents movements. So no matter what price movement, what critical is covering their short, push lower can squeeze more selling, push higher than 8cents will attract buyer to fight for their short covering. However at higher price like 12cents, will also trigger seller to sell at higher, no matter what, short seller already won. Those want to short at 8cents? Unless they can foresee, rights is coming. So don't ever think that why temasek got so much money to buy rights. It is all calculated and the talents sitting in the office are all the fund managers who playing this games to earn money from market. We are just small fish, even you buy millions dollars, to them you are still small one.
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better
Elite |
18-Sep-2021 13:17
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Hahaha ha.
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stanleytay
Master |
18-Sep-2021 13:09
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If everyone knows the offer which will have to come soon is 8c. Which smart ass will sell it down to 5c for u to buy?
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tbooncho888
Senior |
18-Sep-2021 13:02
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just pretend to go thru the motion or formality to hv a failed forced MO, and then press on to merge n surge up....best for all.. | ||||
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chart_expert123
Master |
18-Sep-2021 13:01
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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Shoot it down to 5cents then offer 8 cents, 6 to 9 month later, all will be quiet. Just like they shot 20 to 12 cents then offer 8 cents rights
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ICXGOLD
Master |
18-Sep-2021 13:00
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The only people that can now talk bad and try to push people off the cliff are: 1) people that did not take.up the rights and now want to try and buy closer to 8 cents 2) Short sellers that eant to get out with as much progit as possible or avoid getting hit by a huge loss. If you think of it objectively  SCM @ 20 cents was worth 2.4 Billion with an upcoming cash shortage in 2022 Now we have a SCM sitting on close to 2 billion in cash still valued at 2.4 Billion. 8 cents is like refunding all the rights in return for giving SCM to TH for FREE.  The Industry has standards, best practices and MO have to be rational. The market don' t take bullshit even if you are TH. Its a fair market place or atleasts needs to act like one to boost volumes and confidence in Investing money into it. * We now have a much stronger SCM that can survidlve without contracts for atleast 6 Quarters. * We have a potential merger with KOM in the next 2 Quarters * We know of incomes to be realised in mid 2022 * We also know that 180 million shares that are short need to buy back to cover their positions.  So generally speaking the next 12 months is positve for SCM and shareholders won' t settle for crap. With regards to the scare tactics of being undersubcribed when RI2020 is compared to RI2021 in fact the take up is more. RI2020 involved almost 50% free shares, and RI2021 is 100% Cash settled  so please 🙏   don' t bring up if TH did not ...    |
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Speediman
Veteran |
18-Sep-2021 12:57
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TH and BB is going to dump more shares to shot share price below 8cts just like the last round of rights.  I be waiting to buy in below 8cts.  |
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beng1102
Elite |
18-Sep-2021 12:50
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If 8c can be successful then going forward the way to privatize a listed company is to make a rights issue at very low price then make a MO.  lol.
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ysh2006
Supreme |
18-Sep-2021 12:49
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You mean MO at 8c may not be successful so BB ramp up price to void the MO ?...
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ICXGOLD
Master |
18-Sep-2021 12:46
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8 cents will be successful if minority shareholders are stupid people that will sell comething they paid 8 cents for 8 cents, and the offeror will be a bigger fool bidding 8 cents for something with a far higher NAV.  | ||||
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Chagatai
Veteran |
18-Sep-2021 12:45
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lol 😂 8c after huge massive loss I loss again how is possible | ||||
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ahhuat08
Elite |
18-Sep-2021 12:41
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BT says the offer price shall be 8 cts, why 8 cts offer will not be successful?
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ahhuat08
Elite |
18-Sep-2021 12:33
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from the BT' s article:   Sembmarine said it expects Startree will announce its intention to make the compliance offer upon allotment and issuance. Temasek' s offer price must be the same as the rights issue price of 8 cents per share. |
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SmallSmall
Supreme |
18-Sep-2021 12:11
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Those who did not subscribe thinking to buy below $0.08 will probably scramble to average their high cost holdings on Monday. $0.085 -   $0.088 expected I guess. | ||||
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vicloo
Supreme |
18-Sep-2021 12:05
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Wait a min, will Scm to be privatised? If it is, is bad for shareholders.
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beng1102
Elite |
18-Sep-2021 12:02
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https://www.businesstimes.com.sg/companies-markets/temasek-to-take-up-49-of-sembmarine-rights-issue-compliance-offer-expected 8c offer will not be successful.  So cannot take SMM private.
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