| Latest Forum Topics / Seatrium Last:0.091 -- |
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Sembmarine
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Trader1987
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09-Jun-2020 09:09
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When people are fearful, I am greedy.  went in BIG TIME @ $0.485 |
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bormon
Member |
09-Jun-2020 09:09
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Such strong buying? People wanting to get in on the potential Keppel and SCM merger post rights? | ||||
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HB8289
Master |
09-Jun-2020 09:08
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CB | ||||
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puppey
Veteran |
09-Jun-2020 09:06
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they are forcing all the long term holders to come out and sell ... if really really insist on buying like some forummers , wait for the selling to stop.. these few days will be bad ...wait for it ...:)
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john_ric
Supreme |
09-Jun-2020 09:05
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now 049 | ||||
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TA_Expert
Supreme |
09-Jun-2020 09:03
Yells: "The World has changed" |
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Investors of SCI cheer while holders of SMM suffer.  | ||||
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TraderBen
Supreme |
09-Jun-2020 09:00
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If buy 20000 shares at 50 cents , means can get 100000 rights. So total capital will be $30000/120000shares. Avg cost will be 0.25 quite a good deal isn?t it? | ||||
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TraderBen
Supreme |
09-Jun-2020 08:54
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Wah Lao at this point of time existing shareholders still need to fork out so much cash. Lucky I cut loss and sold mine. If not really big headache. If don?t subscribe to the rights. I don?t think will see $1 again. | ||||
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puppey
Veteran |
09-Jun-2020 08:49
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wont see 10c , too much drop ...there' ll be buyers around 30-40c ... the only option is to subscribe to the rights if your buy price is too high ...cutting loss makes no sense , should have done so earlier ...  
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Tirordinary
Member |
09-Jun-2020 08:44
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tanking a lot. Will we see lower at the end of the day. | ||||
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Dorminque05
Member |
09-Jun-2020 08:43
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Please advice will you guys buy the rights issue. Sell it or do nothing |
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soundblaster
Master |
09-Jun-2020 08:41
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Will it go below 10 cents today? | ||||
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puppey
Veteran |
09-Jun-2020 08:38
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a sharp gap already happen in pre market , these few days will be bad for this counter :)   |
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Value_finder
Member |
09-Jun-2020 08:09
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It's clearer now that SMM and Keppel FELS merger will likely to happen after TH has 51% of Keppel Corp.
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Noob79
Master |
09-Jun-2020 08:07
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I thought temasek and sembcorp Industry will be buying it? | ||||
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SinglePore
Member |
09-Jun-2020 07:56
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SembMarine' s trading pattern of Right issue is quite similar to SIA. All shareholders kenna " robbed" , if not subscribing the right, kenna dilution.  There will be more counters like SIA & SembMarine, as companies need cash to survive. Shareholders are ATM machine ready to get cash anytime they need.  |
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Acewind
Member |
09-Jun-2020 05:49
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theoretically, what will be the share price of SMM post de-merger, after all the rights ? 20c-30c ?
What would the rights be trading at during the rights trading week? 0.10-0.15? Am I too optimistic ? |
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123prime
Member |
09-Jun-2020 01:09
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$2.1b rights issue raised, but only $0.6 billion cash incoming.The rest is offset against " you owe me" ($1.5 bio), I need my money back.. Is $600 mio enough for S51?  Parent who own 61% is very insistent in severing ties with S51.....Receive the shares from rights issue will also be given away to shareholder..free as dividends,100 shares get 427 or more. Big investor own 49.3% of Parent.He does not own S51,currently. 30% will be forthcoming as free from dividends from Parent. He underwrite remainning $0.6 bio rights.If no one want the rights ,he would own 58% of S51 with $0.6 bio outlay. Only 1 keen buyer for Semcorp Marine.No one else wants it. Think $0.20 or lower, ex rights,or sooner. Unless whitewash resolution fails.
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newbieliu
Elite |
09-Jun-2020 00:11
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Shortists when they wanna cover back ? Lol obvious reasons to shoot it down like SIA AGAIN .
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emo3lmo
Member |
08-Jun-2020 23:58
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Sembcorp Industries has undertaken to subscribe for up to S$1.5 billion of Rights Shares by setting off the S$1.5 billion outstanding under its Subordinated Loan extended to Sembcorp Marine. write off the loan by converting to equity interest SMM shareholder suffer.. no new cash injection from SCI.. 
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