| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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ckmpd1
Supreme |
31-Aug-2021 09:56
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Look at SMM' s prospects now, I wont be surprised shd SMM sink below 5c next yr.   
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uiop1223
Supreme |
31-Aug-2021 09:56
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Cai tow, ah hai, roberts 😂 😂 😂 | ||||||||||||
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vivacious
Supreme |
31-Aug-2021 09:54
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u hv deep pockets! Always helps!
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idwish
Senior |
31-Aug-2021 09:54
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Anyone can advise why I dont see the allocated  rights in my CPFIS ? How do I sell if they are not reflected  | ||||||||||||
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better
Elite |
31-Aug-2021 09:54
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Thanks. To me, there is not much difference buying at 8+ cents  vs    8 cents via rights subscription Just queued another 2mil shares @ 8.4 cents. Let' s see whether can get.
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weekaykee
Master |
31-Aug-2021 09:51
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But when the price keeps sinking to such lows, it will win even fewer contracts, as companies will be fearful of SMM going belly-up and its contracts remaining  uncompleted.
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ckmpd1
Supreme |
31-Aug-2021 09:51
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agree with you.  my 6c estimate is noy before 22 sep but rather after this yr and after tfter 2H 2021 results are announced.   
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vicloo
Supreme |
31-Aug-2021 09:48
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Even a genius can't predict bottom price, my 2-cent guess of 6-7c, ex-rights. Under 5c is extreme.
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vivacious
Supreme |
31-Aug-2021 09:47
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well done bro. Hope you huat when this bugger goes up - and a lot hinges on new contracts
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weekaykee
Master |
31-Aug-2021 09:46
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Even at 8.5cts, many SHs are not going to subscribe to rights.
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better
Elite |
31-Aug-2021 09:45
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Got the 2mil shares.   Looks like a real person selling....maybe to subscribe to the rights.  Order DetailAction
Buy
Transaction ID
20210831000003399
Symbol
S51
Stock Name
SEMBCORP MARINE
Filled Price
SGD 0.08600
Status
Filled
Special Instructions
None
Order Date and Time
31/08/2021 09:27:27 AM
Order Type
Limit Order
Good Till
-
Quantity
2000000
Filled Quantity
2000000
Outstanding Quantity
0
Filled Details
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weekaykee
Master |
31-Aug-2021 09:44
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Foregone conclusion rights will be grossly undersubscribed and there is going to be a MO from TH. The prospect of a min 8cts MO from TH will keep its price around 8 cts for a while, and if TH really offers the obligatory 8 cts for the MO, then it is going to sink way below 8 cts, once the MO is over. 4-5 cts is a possibility if no new contracts are announced by then.
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ckmpd1
Supreme |
31-Aug-2021 09:44
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will SMM go to 8c this week? | ||||||||||||
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ckmpd1
Supreme |
31-Aug-2021 09:42
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agree.  on top of this, SMM is losing money and cant get any new contract.  and may have to pay LD for project completion delays and pay more for foreign labour.  FY 2021 and 1H 2022  results are going to show big losses
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halleluyah
Supreme |
31-Aug-2021 09:40
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if US go fr correction, tis bugger will sink further.....just becareful....is a junk.... | ||||||||||||
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ckmpd1
Supreme |
31-Aug-2021 09:40
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That is what i believe too.  SMM will drop to below 6c
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TraderBen
Supreme |
31-Aug-2021 09:38
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last yrs rights was 20 cents.. drop to lowest 11.2 cents.. about 45% lower.. so techincally at 8 cents.. will drop to about 5 cents then will be a safe buying point.. that was my target buy price from the start
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ckmpd1
Supreme |
31-Aug-2021 09:36
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Did last yr' s SMM rights offer drop to zero last yr??
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vivacious
Supreme |
31-Aug-2021 09:35
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damn fierce! Lai support. Im already smarting from my earlier buys lol
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vicloo
Supreme |
31-Aug-2021 09:35
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Yes, it will not go under 8c before rights offer closed, but after close new shares come into market... It might.
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  Looks like a real person selling....maybe to subscribe to the rights.