Latest Forum Topics /
Sembcorp Ind
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Ocean Sky could be the next multiplier
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SmallSmall
Supreme |
05-Jun-2020 20:39
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It' s a takeover as hinted by Sembmarine' s announcement this morning " Change of Control" Just relax and wait for the joint announcements :) Relax.
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arctician1982
Senior |
05-Jun-2020 20:37
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takeover by 3rd party vs delisting via privatization from SCI alot difference in terms of share price impact former may gap up to $2, latter may have downside pressure
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superbDM
Member |
05-Jun-2020 20:15
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Old news, but Wong Kim Yin is from SP Group and his experience at Temasek is more in energy sector and not marine.
SEMBCORP Industries will be appointing a new group president and chief executive officer (CEO) to take over from Neil McGregor, who will retire on June 30, said the firm in a statement on Monday. Wong Kim Yin, CEO of leading utilities provider SP Group, will assume Mr McGregor's role from July 1, 2020. Mr Wong has more than 20 years of experience in the energy sector and in investment management. Formerly the senior managing director of investments at Temasek International, he was responsible for investments in various sectors, including the energy, transportation and industrial clusters. |
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raykee
Veteran |
05-Jun-2020 20:11
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going 830pm already, guess wait monday 
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john7580
Member |
05-Jun-2020 20:04
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Wah. Who told you? Reliable source?
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cheongweevictor
Supreme |
05-Jun-2020 20:04
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Dont mind i share ,, if a stock FA get lousy , and drop 20% after u buy over a period of time,and not because of major cirses but due to it product no longer in demand..by market,, it is game over.., better twist counter and dont average on loser. look today need we worry,, unless u bet small and trade small,, u dont lose sleep.. cut loser fast..........i hope it is good news too,( vested), i think likely , but guess also uesless,   |
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Ochay78
Member |
05-Jun-2020 19:59
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Was told take over or delisting. 
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newbieliu
Elite |
05-Jun-2020 19:51
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Thought the ?bad news? is out yesterday in business times ?
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shadow11
Veteran |
05-Jun-2020 19:44
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Maybe later release something bad news for ppl to digest over the weekend. Haha | ||||
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john7580
Member |
05-Jun-2020 19:32
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Zzzzz until now no news | ||||
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Djsoul80
Master |
05-Jun-2020 19:06
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If it's rights issue, we should have overheard about it already. Shouldn't be rights issue. | ||||
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Laurenpanna
Veteran |
05-Jun-2020 18:23
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oh dear. Hope they announce something tonight. So that We can get prepared . |
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ysh2006
Supreme |
05-Jun-2020 18:05
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Those who got 80 -200 lots must be rich to hold.If issue right like SIA will still profit eg SIA right only $3.00 but now share price 4.40......so 200 lots gain profit of approx $300k. ...
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alfredx
Senior |
05-Jun-2020 17:56
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Bro your show on is average at what price and how many lots..
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newbie86
Member |
05-Jun-2020 17:53
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All show hand (holdings) already. Not i want to pour cold water.. just stay calm guys. I am 50/50 on this. | ||||
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Francisgohyc
Master |
05-Jun-2020 17:45
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I have 80 lot, 20 lot I buy on the 29-5-20 at $1.45 & $1.48.
Hope it is not issuing right, why so many happening on SCI ( eg drop from MSCI index)
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Octavia
Supreme |
05-Jun-2020 17:43
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SMM issues rights SCI as major shareholder have to par take in the rights issue.  
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weekaykee
Master |
05-Jun-2020 17:42
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Any company having a rights during this period of depressed prices, will have to be real desperate and in deep trouble. Can understand if SM calls for rights issue but definitely not SCI. SCI has the capacity to wait for higher stock prices to get a better deal if they wanted to call for any rights issue. And SM shot up just before trade halt which infers no rights issue.  
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SgTrader17
Elite |
05-Jun-2020 17:24
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Probably only can trade next Monday. If still not lifted on Monday, then going into suspension. Those short the stocks or on contra when the price drop last Friday, jialat. Will kena chased for payment. Btw, if as some mentioned about rights issue, need so much time to announce meh? Finding a suitable low price of $1.00? Lol. Don't rights issue this time leh, sure kena sell down. But recently just have $3,000,000,000 credit facility or something, need a rights issue so fast meh ... | ||||
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reliever
Senior |
05-Jun-2020 16:59
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My guess its the rights issue |
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