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Sembcorp Ind
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SembCorp Industries
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des_khor
Supreme |
09-Sep-2020 10:18
Yells: "Tell me who is God or Market Fortune Teller in this forum ??" |
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Why bid ask vol so big ? | ||||
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bystander1965
Supreme |
09-Sep-2020 10:15
Yells: "What I say is just my assessment. DYODD" |
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For SMM, if they could announce a project win now will surely be good. That would be a confidence booster. But so far very quiet... | ||||
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bystander1965
Supreme |
09-Sep-2020 10:14
Yells: "What I say is just my assessment. DYODD" |
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Can' t agree more. I am waiting for Q12021 to see SMM announce the wind farm project. If that materialises (I would like to think it' s high probable since they came out to talk about it during the demerger process), SMM has a very good chance of turning. But it will likely be a long and bumpy ride. Just my opinion. DYODD.
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yehyeh
Senior |
09-Sep-2020 10:13
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Hi just to ask,  I when can we trade the semb marine share ?  I didn receive any letter yet.. I do not want to hold scm share, and just want to sell  |
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beng1102
Elite |
09-Sep-2020 10:12
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Temasek had underwritten all unsubscrip share of SMM.  I think there know what is coming and likely to make money.  Likely more renewable energy project coming along.
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CheeryVGoh
Supreme |
09-Sep-2020 10:12
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No, buy today no entitlement of SCM shares.
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bystander1965
Supreme |
09-Sep-2020 10:11
Yells: "What I say is just my assessment. DYODD" |
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BV as at Jun2020, with 4.911 ration is 1.46. So at 1.20 it' s already valued better than pre-demerger (0.68 vs 0.8 now). But this 1.46 will start to go up starting latest Q4 I think since SCI has confidently said it will have +ve cash flow from operations this year. Just my opinion. DYODD.
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CheeryVGoh
Supreme |
09-Sep-2020 10:07
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But I feel should not panic sell both SCI & SMM today, especially SCI , not a good price to sell now.
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raykee
Veteran |
09-Sep-2020 10:05
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so for every 1 share of SCI how much SMM i get ar? | ||||
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CheeryVGoh
Supreme |
09-Sep-2020 10:04
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Yes, just like the SIA rights shares, pple started to sell 2 days before officially CDP credited the rights shares.
But in this case the words "on and about 11th Sept 2020", it is not a sure date. Looking at the big qty being sold, it means that many are taking the calculated risks. Could also mean pple are shorting this share big time.
Of course remisers are not responsible as he she merely advises & this case is a little different.
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Wordee
Senior |
09-Sep-2020 10:03
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confirm can sell now, cause T+2, by Fri SMM shares will be credited for clearance. dyodd
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Deepthought
Senior |
09-Sep-2020 10:03
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SCI price hold well after XE looking forward price to move closer to NAV. SCM not sure, can' t comment
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lailai
Elite |
09-Sep-2020 10:02
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Theoretially can, if no hitch. If got, then kena liao, penalty is quite heavy.\, so don play play. If the reward is huge vs small risk, then by all means. But at current price, does not make any sense. Just opinion.  
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lovemummy
Member |
09-Sep-2020 10:02
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Buy SCI today still entiteld for SMM shares ?
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Deepthought
Senior |
09-Sep-2020 10:00
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r u refer to SCM or SCI? i tot SCM must wait credit on 11Sept then can sell
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beng1102
Elite |
09-Sep-2020 09:59
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Please do not panic sell.   
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Reflate
Member |
09-Sep-2020 09:59
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Bought my Sci at 1.95 and still managed a profit. Holding on to my sci side till it at least goes to 1.5 or next earnings date. Fundamental valuation don't justify sci at current prices, as it is a consistently profitable company trading below its book value. Smm is more of a lotto ticket. Bear case, now with th support, could be 0.15. Bull case wise, skys the limit, but may have to hold a while. But I do have to agree timing was bad in the distribution of smm. | ||||
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Wordee
Senior |
09-Sep-2020 09:59
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confirmed by broker, can sell now, dyodd
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freeme
Elite |
09-Sep-2020 09:58
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1.4 range is my initial valuation at 0.8x PB lets see when it will hit.  |
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Deepthought
Senior |
09-Sep-2020 09:57
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thanks & agree, i thought it was out in the news or investor relation said will credit on 11th Sept?
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