| Latest Forum Topics / Seatrium Last:0.091 -- |
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SEMBMARINE - A NEW CHAPTER - DEMERGED
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SinglePore
Member |
24-Nov-2020 22:16
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US pre-market now shows super-bull for oil stocks. Yesterday OXY ran over 16%, now another bull run 8%. Bigger oil companies now rallies 7-8%.  Normally big oil companies rally by 2-3% were considered very good. The market sentiment for oil sector is not just happening with SMM, but across the global markets. Oil price is going up again due to the attack in Saudi Aramco today.    | ||||
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WhereI
Master |
24-Nov-2020 21:22
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Delonlaw, I like your spirit man. If I am fund manager, I sure will gobble up and demolish all walls till 20 cents. I am pretty sure my average price will be much lesser than that because many will want to sell nearer 17 cents, except perhaps bro. Better...
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danger
Supreme |
24-Nov-2020 21:19
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Bro better still very very far from breakeven paper trader
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better
Elite |
24-Nov-2020 21:17
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Yesterday, close up 1.7 cents (13.3 to 15.0) Today, close up 1.8 cents (15.0 to 16.8) Guess tomo would close up 1.9 cents (16.8 to 18.7) Guessing is free..... then again, it could head back to the 15 handle as well.   |
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delonlaw
Member |
24-Nov-2020 21:16
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Let go break that 0.2 wall !!
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WhereI
Master |
24-Nov-2020 20:39
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Smm guys got more shares thru rights issue at twenty cents. That makes all the difference. Now SMm guys will smile more... ...   SMILE!
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ckmpd1
Supreme |
24-Nov-2020 20:12
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Yes, the big boys control the media.  And to make money, the big boys use the media to to instil fears and uncertainty, causing confusion and weak retailers to sell at a low price.  SCM has a bright future.  The big boys want to get SCM cheap so that they can go in for a big kill
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Kittykitty
Senior |
24-Nov-2020 20:11
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Smm shareholders really pitiful. Compare to ausgroup dyna mac etc their share price drop less than half . Smm 52 weeks high is $1.38 . Now is $0.168. Drop 8 times . Dyna mac 52 weeks high is $0.182. Now is $0.106. Only drop 1.7 times
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SinglePore
Member |
24-Nov-2020 20:05
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I agree. Some people sold SMM at ridiculously low prices with hefty losses, while hedge funds making tons of money to short and scare people that the sky has collapsed, the new green deal is coming in a big wave so nobody needs oil anymore, dark winter, and all doomsday projection of the collapse of the economy. Unfortunately, the hedge funds control the media to spread such a message.  That' s the game plan of the predators.   
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better
Elite |
24-Nov-2020 19:28
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44 more days from the Keppel Corp D day.   |
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better
Elite |
24-Nov-2020 19:23
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Now from Bankrupted paper trader, I become Millionaire paper trader liao.  
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Kittykitty
Senior |
24-Nov-2020 19:03
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Imagine last time I buy Sembcorp marine $1 I think is very cheap. I need $200k to buy 200k shares. Now I only need $28k to buy 200k shares (my cost).
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Starship
Supreme |
24-Nov-2020 19:01
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Starship
Supreme |
24-Nov-2020 18:39
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alleyboy
Veteran |
24-Nov-2020 18:37
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Hahaha....not so fast. Still have appetite for more.
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TA_Expert
Supreme |
24-Nov-2020 18:34
Yells: "The World has changed" |
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It doesn' t matter anymore. Fundamentals are not important in a bull run. Covid is just a conspiracy theory to achieve certain agendas for some people. It will over very soon. Just like SARS, don' t even need a vaccine and it just disappeared. In this health crisis, the rich becomes richer, the poor becomes poorer. A redistribution of wealth.
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Starship
Supreme |
24-Nov-2020 18:23
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SinglePore
Member |
24-Nov-2020 18:15
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SMM has dropped too fast from $0.20 right issue to $0.113. The economic headline is now showing turnaround and next year will be positive so the market just ignores pandemic news. Anyway, 98% of people who got Covid recover within a few days or weeks so people don' t think Covid is so deadly as thought.  It is time to rally above $0.20 by this week or so. Just see all oil stocks in the US and Europe all have rallied.      | ||||
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Starship
Supreme |
24-Nov-2020 18:12
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Starship
Supreme |
24-Nov-2020 18:09
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  SMILE

