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SembCorp Marine- The new Frontier. Post Reply Rate topic
beng1102 Elite	18-Sep-2021 11:57        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	That is just to satisfy the minimum compliance requirement, u can' t take a list company private by short changing the shareholders. SmallSmall      ( Date: 18-Sep-2021 11:53) Posted: Compliance offer price is based on last highest price paid within the last 6 months. Excluding funds dealing by MS Pursuant to Rule 12.1 of the Code and the Practice Statement on the Exemption of Connected Fund Managers and Principal Traders under the Code. beng1102      ( Date: 18-Sep-2021 11:21) Posted: Yes.  Even for MO should follow generally accepted practice of a market player and offer a decent price above its NAV
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SmallSmall Supreme	18-Sep-2021 11:53        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Compliance offer price is based on last highest price paid within the last 6 months. Excluding funds dealing by MS Pursuant to Rule 12.1 of the Code and the Practice Statement on the Exemption of Connected Fund Managers and Principal Traders under the Code. beng1102      ( Date: 18-Sep-2021 11:21) Posted: Yes.  Even for MO should follow generally accepted practice of a market player and offer a decent price above its NAV. ahbui8      ( Date: 18-Sep-2021 11:17) Posted: TH need to protect their reputation, already 2 RI within 1 year and still offer price low ball, possible?  I strongly believe the offer price will be above TERP, I think the offer price will include the 20cts paid in the 1st RI. SM will be privatized and buyout Keppel O& M to merge as JV is the most complicated way, it' s may drag for very long time in the negotiation.  Expect trading halt on Monday, Keppel share will rally too Those vested huat ah 😄
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SmallSmall Supreme	18-Sep-2021 11:50        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	All minority shareholders will get their full excess rights because Temasek (StarTree) will rank last. Expecting a immediate rebound after the recent sell down because of the rights issue @ $0.08 chart_expert123      ( Date: 18-Sep-2021 11:24) Posted: But the positive is temasek enter excess right application instead of buy left over rights. It mean temasek 4.6billlion excess right will enter into ballot with other 1.7bil excess right application for the 3billion excess rights. So mean, some excess right applicants may not get this 8cents and come back on Monday to buy at 8.4 or higher. This is positive. chart_expert123      ( Date: 18-Sep-2021 10:16) Posted: Yup, including excess rights it is UNDER SUBSCRIBED. just temasek make it look nice by including their 4.59bill excess right application. Total rights subscription and excess right application is 94%. Temasek have to buy 6% excess right which is much lower as compared SIA. But sembmar right price is cheap cheap
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makdatok Supreme	18-Sep-2021 11:47        makdatok About Contact  Quote this Post!
x 0   x 0  Alert Admin	Final subcription of Rights must include access rights application..If not how on earth can oversubcribe happen?..
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makdatok Supreme	18-Sep-2021 11:41        makdatok About Contact  Quote this Post!
x 0   x 0  Alert Admin	Im tempted to enter at this juncture..lets see how the dance develope on Monday first
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ahbui8 Master	18-Sep-2021 11:41        ahbui8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	To explain in simple way, the RI is under subscribe if never include TH applying for the excess, if include TH apply for the excess, the RI is over subscribe. better      ( Date: 18-Sep-2021 11:30) Posted: This statement reflects on the value his comments..... Still don' t undersrtand the outcome of the rights issue after so much discussion.    chart_expert123      ( Date: 18-Sep-2021 11:24) Posted: But the positive is temasek enter excess right application instead of buy left over rights. It mean temasek 4.6billlion excess right will enter into ballot with other 1.7bil excess right application for the 3billion excess rights. So mean, some excess right applicants may not get this 8cents and come back on Monday to buy at 8.4 or higher. This is positive.
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better Elite	18-Sep-2021 11:30        better About Contact  Quote this Post!
x 0   x 0  Alert Admin	This statement reflects on the value his comments..... Still don' t undersrtand the outcome of the rights issue after so much discussion.    chart_expert123      ( Date: 18-Sep-2021 11:24) Posted: But the positive is temasek enter excess right application instead of buy left over rights. It mean temasek 4.6billlion excess right will enter into ballot with other 1.7bil excess right application for the 3billion excess rights. So mean, some excess right applicants may not get this 8cents and come back on Monday to buy at 8.4 or higher. This is positive. chart_expert123      ( Date: 18-Sep-2021 10:16) Posted: Yup, including excess rights it is UNDER SUBSCRIBED. just temasek make it look nice by including their 4.59bill excess right application. Total rights subscription and excess right application is 94%. Temasek have to buy 6% excess right which is much lower as compared SIA. But sembmar right price is cheap cheap
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chart_expert123 Master	18-Sep-2021 11:24        chart_expert123 About Contact  Quote this Post!   Yells: "Only buy stock with revenue or net cash flow growth!!!!"
x 0   x 0  Alert Admin	But the positive is temasek enter excess right application instead of buy left over rights. It mean temasek 4.6billlion excess right will enter into ballot with other 1.7bil excess right application for the 3billion excess rights. So mean, some excess right applicants may not get this 8cents and come back on Monday to buy at 8.4 or higher. This is positive. chart_expert123      ( Date: 18-Sep-2021 10:16) Posted: Yup, including excess rights it is UNDER SUBSCRIBED. just temasek make it look nice by including their 4.59bill excess right application. Total rights subscription and excess right application is 94%. Temasek have to buy 6% excess right which is much lower as compared SIA. But sembmar right price is cheap cheap. vicloo      ( Date: 18-Sep-2021 10:08) Posted: Is under subscribed even with excess application... No need to fight lah all who apply excess gets them 100%. Still another 6% will be scooped by TH
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MANFREDTMK Master	18-Sep-2021 11:24        MANFREDTMK About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, lots of Singaporeans CPF and savings get wiped off. We know why. So, TH reputation goes beyond dollars and cents. That, they have a lot. But reputation takes many years to build. It's intangible ahbui8      ( Date: 18-Sep-2021 11:17) Posted: TH need to protect their reputation, already 2 RI within 1 year and still offer price low ball, possible?  I strongly believe the offer price will be above TERP, I think the offer price will include the 20cts paid in the 1st RI. SM will be privatized and buyout Keppel O& M to merge as JV is the most complicated way, it' s may drag for very long time in the negotiation.  Expect trading halt on Monday, Keppel share will rally too Those vested huat ah 😄
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desmodeus Veteran	18-Sep-2021 11:23        desmodeus About Contact  Quote this Post!
x 0   x 0  Alert Admin	hmm don't you think the determinant price should be $0.191 before the whole scheme was mooted. Even into account the awful results subsequently announced, the so called x-price shouldbe $0.133 to $0.16. Anything less than $0.12, I would think it is predatory. I still hold the view that scm would take over kom at a song. Well I might be wrong, just a teeny fry. It is a big fish eat small fish afterall. I hope to see sparks spraying next week chart_expert123      ( Date: 18-Sep-2021 10:54) Posted: Merger with keppel o&m is coming. I believe it will be still magic no 2.4bil market cap for keppel o&m. 500mio plus 1.9bil worth sembmar shares. If semb marine share price is 8 cents, it will be 23.75bil new shares issued. However, to make keppel shareholder happy, it has to be discounted price. So to make it equal share holding 50-50% by issuing 31.bil shares, the discounted price per share will be 6.1cents. The offer shall be subjected sembmar market price. But I believe the share offer ratio and cash shall be about this. chart_expert123      ( Date: 18-Sep-2021 10:42) Posted: After 11 sep 2020, lowest is 12.5cents before bounce up to highest 22cents. Last rights, 7.5bil were free shares to sembcorp industry shareholders, may have the effect this is free one and can sell as profit. Now is 8cents, all are paid by sembmar shareholders. But if you all don't support and push higher, based on ratio 20/12.5, it will be 8/5. 5cents. I am waiting for this.
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beng1102 Elite	18-Sep-2021 11:21        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes.  Even for MO should follow generally accepted practice of a market player and offer a decent price above its NAV. ahbui8      ( Date: 18-Sep-2021 11:17) Posted: TH need to protect their reputation, already 2 RI within 1 year and still offer price low ball, possible?  I strongly believe the offer price will be above TERP, I think the offer price will include the 20cts paid in the 1st RI. SM will be privatized and buyout Keppel O& M to merge as JV is the most complicated way, it' s may drag for very long time in the negotiation.  Expect trading halt on Monday, Keppel share will rally too Those vested huat ah 😄
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ahbui8 Master	18-Sep-2021 11:17        ahbui8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	TH need to protect their reputation, already 2 RI within 1 year and still offer price low ball, possible?  I strongly believe the offer price will be above TERP, I think the offer price will include the 20cts paid in the 1st RI. SM will be privatized and buyout Keppel O& M to merge as JV is the most complicated way, it' s may drag for very long time in the negotiation.  Expect trading halt on Monday, Keppel share will rally too Those vested huat ah 😄
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Chagatai Veteran	18-Sep-2021 11:16        Chagatai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very Good point I agree Sir. I still feel TH has some moral responsibility to Ensure price remains above 8. Enough already la of decimation and dilution 😞
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beng1102 Elite	18-Sep-2021 11:15        beng1102 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Below 8c will be a  arbitrage opportunity for the buyer. Chagatai      ( Date: 18-Sep-2021 10:53) Posted: Only way it go below 8 is by Short sell not by retailers selling below 8. I doubt any short sellers will risk shorting since it is earmarked for MO and Merger. That why I vested at 8.2 I am mostly wrong in my punting yet I find logic in this reasoning
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MANFREDTMK Master	18-Sep-2021 11:15        MANFREDTMK About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't worry bro, there are many Fengshui Masters/Mistresses here. I just consulted one. He just simply bent his body, down enough, and looked and talked to his Crystal Balls. Then he heard a reply. At 8.2 cents, you will laugh soon. Let's hear from the rest of the Fengshui Masters. Chagatai      ( Date: 18-Sep-2021 10:53) Posted: Only way it go below 8 is by Short sell not by retailers selling below 8. I doubt any short sellers will risk shorting since it is earmarked for MO and Merger. That why I vested at 8.2 I am mostly wrong in my punting yet I find logic in this reasoning
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chart_expert123 Master	18-Sep-2021 11:04        chart_expert123 About Contact  Quote this Post!   Yells: "Only buy stock with revenue or net cash flow growth!!!!"
x 0   x 0  Alert Admin	This is not really correct, short selling and long buying is holding equal opportunity of earning. The profit is margin in % not how many cents or dollars it go up and it drop from the entry price. If 8.4 cents will down to 8cents, for you, it is 0.4cents drop, for short sell it is 0.4/8.4, a 4.76% profit. It is same as 8.4 dollars shares it drop 8 dollars, 40cents drop but it is same 4.76%. So, short term player can be short seller also can be long buyer, just how market want to react the share price. So eventually it is market sentiment. You don't hold, you will be one of them pushing price down, but you hold, doesn't other don't push it down. Chagatai      ( Date: 18-Sep-2021 10:53) Posted: Only way it go below 8 is by Short sell not by retailers selling below 8. I doubt any short sellers will risk shorting since it is earmarked for MO and Merger. That why I vested at 8.2 I am mostly wrong in my punting yet I find logic in this reasoning
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chart_expert123 Master	18-Sep-2021 10:54        chart_expert123 About Contact  Quote this Post!   Yells: "Only buy stock with revenue or net cash flow growth!!!!"
x 0   x 0  Alert Admin	Merger with keppel o&m is coming. I believe it will be still magic no 2.4bil market cap for keppel o&m. 500mio plus 1.9bil worth sembmar shares. If semb marine share price is 8 cents, it will be 23.75bil new shares issued. However, to make keppel shareholder happy, it has to be discounted price. So to make it equal share holding 50-50% by issuing 31.bil shares, the discounted price per share will be 6.1cents. The offer shall be subjected sembmar market price. But I believe the share offer ratio and cash shall be about this. chart_expert123      ( Date: 18-Sep-2021 10:42) Posted: After 11 sep 2020, lowest is 12.5cents before bounce up to highest 22cents. Last rights, 7.5bil were free shares to sembcorp industry shareholders, may have the effect this is free one and can sell as profit. Now is 8cents, all are paid by sembmar shareholders. But if you all don't support and push higher, based on ratio 20/12.5, it will be 8/5. 5cents. I am waiting for this. chart_expert123      ( Date: 18-Sep-2021 10:31) Posted: Just some info as compared. Last right result announced on 7 sep 2020, share price traded between 19.7 to 20.5cents. Rights Share started to trade on 11 sep 2020 price traded between 16.1 to 17.8. This right result announced on 17 sep 2021 8.2 to 8.4. Let's see how is 22sep trading. Market decide
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Chagatai Veteran	18-Sep-2021 10:53        Chagatai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Only way it go below 8 is by Short sell not by retailers selling below 8. I doubt any short sellers will risk shorting since it is earmarked for MO and Merger. That why I vested at 8.2 I am mostly wrong in my punting yet I find logic in this reasoning
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chart_expert123 Master	18-Sep-2021 10:42        chart_expert123 About Contact  Quote this Post!   Yells: "Only buy stock with revenue or net cash flow growth!!!!"
x 0   x 0  Alert Admin	After 11 sep 2020, lowest is 12.5cents before bounce up to highest 22cents. Last rights, 7.5bil were free shares to sembcorp industry shareholders, may have the effect this is free one and can sell as profit. Now is 8cents, all are paid by sembmar shareholders. But if you all don't support and push higher, based on ratio 20/12.5, it will be 8/5. 5cents. I am waiting for this. chart_expert123      ( Date: 18-Sep-2021 10:31) Posted: Just some info as compared. Last right result announced on 7 sep 2020, share price traded between 19.7 to 20.5cents. Rights Share started to trade on 11 sep 2020 price traded between 16.1 to 17.8. This right result announced on 17 sep 2021 8.2 to 8.4. Let's see how is 22sep trading. Market decide. chart_expert123      ( Date: 18-Sep-2021 10:16) Posted: Yup, including excess rights it is UNDER SUBSCRIBED. just temasek make it look nice by including their 4.59bill excess right application. Total rights subscription and excess right application is 94%. Temasek have to buy 6% excess right which is much lower as compared SIA. But sembmar right price is cheap cheap
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Chagatai Veteran	18-Sep-2021 10:34        Chagatai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Whoa you are a genius Sir Chart Expert 123 👍 chart_expert123      ( Date: 18-Sep-2021 10:10) Posted: 12bil shares @ 20cents, market cap 2.4bil. 31bil shares @ 8cents, market cap 2.4bil. Why so coincidence🤪 🤪 🤪 chart_expert123      ( Date: 18-Sep-2021 10:08) Posted: Now, majority 40%hold at 20 cents, 60% hold at 8 cents. Price at 8.4 cents. As compared last right, 15% hold 60cents to 5 dollars and 85% hold 20 cents, price trade below 20cents
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