Latest Forum Topics /
Sembcorp Ind
Last:6.09
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MM2 Asia [1B0.si]
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ckmpd1
Supreme |
21-Aug-2020 06:44
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allocation will be at least 420 SCM  for 100 SCI. How low do u think scm will drop to after allocation? even if SCI drops to $1, I think there is still profit
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OngBak
Veteran |
20-Aug-2020 23:19
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Nope, sci is at losing end. $1.5 hard cash change for penny... Biggest winner is T
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arctician1982
Senior |
20-Aug-2020 20:34
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free arbitrage only if u can buy and sell on same day. u buy now but shares can only trade in sep, the lower nil paid rights meant to offset ther risks over time period
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Octavia
Supreme |
20-Aug-2020 20:19
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Not really.I think it happens to Ezion before under similar scenario played out.Their rights and warrants become negligible value upon trading bcos simply it is a distress company like Ezion and the O & G industry outlook is still not on the mend yet.It is a high risk to throw good money into bad.
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SgTrader17
Elite |
20-Aug-2020 19:54
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I think the price swings will come after 27/08, 02/09, 08/09 to 10/09/ Those dates involving the last day of the rights trading, the expiry of paying rights shares, the distribution of free SCM shares to SCI etc. But will swing up or down, only the invisible hand will know and decide. I am just a tiny retail investor whom cannot make any difference to the price swings. Lol. Trade with care. But SCI at $1.80, I think it's free money. Profits will come in Sept first week. We shall see. All the best. | ||||
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tangoanna
Master |
20-Aug-2020 19:44
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Thanks. If one expects SMM price to recover, then he should buy the rights for $0.002 and pay $0.2 to subscribe. Total cost = $0.202. Currrent SMM price: $0.205. There is free arbitrage opportunity, and many would be thinking to taking advantage of it. We need to be prepared for a case where SMM goes below $0.20
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SgTrader17
Elite |
20-Aug-2020 19:40
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Last trading on 27/08. Apply for rights shares of 20 cents ends on 02/09. I share same view as Jose, they will control the SCM share price and rights price low, until the expiry. You don't wish to buy additional rights at 20.5 cents (no meat and scare will drop below 20 cents) and rights selling at $0.001 or $0.002 is nothing left also. Very expert play, first of a kind in a Singapore rights issue. More power than power rangers all combine forces. Lol.
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SgTrader17
Elite |
20-Aug-2020 19:35
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I am pretty sure you will emerge the winning side of this equation. Current prices of SCM and SCI doesn't match up to the demerger and recapitalisation expectations at all. Whether on purpose, with the rise near end of Aug or Early Sept, I highly suspect will be. But it will be at the regrets of those whom given rights to apply at 20 cents for SCM (won't apply lah, see price now $0.205 only), and also won't bother to sell rights at that damn $0.001 or $0.002. Later after all scoop up cheap, the invisible hand come push to 23 cents. A mere increase of 3 cents is enough to slap all SCM holders on the face. We shall see if my guess does materialize. Anything can happen in stock. We can't see those hands. DYODD. Not inviting ppl to buy, just sharing views.
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tangoanna
Master |
20-Aug-2020 19:11
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Anyone with the timeline of SMM rights please. Last day of trading, expiration etc |
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ckh002
Member |
20-Aug-2020 18:31
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Dont know consider heng or suay.  Supported another 10 lots @ $1.80 earlier at 3.04pm.    I have amended my remaining unfilled order to lower price.  Anyone know how come I cannot load chart or jpeg?   
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danger
Supreme |
20-Aug-2020 18:08
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On the merger between SembMarine and Keppel O& M, Ng expects the consolidation to  take shape this year, with the backing of Temasek Holdings . The likely scenario, Ng says, is for SembMarine to acquire Keppel O& M. This will complete the restructuring of Singapore&rsquo s O& M sector and would be the best outcome for all stakeholders. The consolidation of Singapore two largest yards would lay the proper foundation for the long-term, by pooling together resources and enlarging the balance sheet, he says. |
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daryl25
Member |
20-Aug-2020 17:22
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Think about it, apart from SIA, when do you normally have the chance to buy/receive the same share at the same price as T unless in situations like this and them becoming the major SH. | ||||
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danger
Supreme |
20-Aug-2020 16:20
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Pre rights SCM a 80 cents stock whack until left 21c ....... 
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JY0064
Senior |
20-Aug-2020 16:15
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Scenario : SCI whack until 1.1x to 1.2x SCM whack until 0.10 Assume foc 4.5, worked out to be  1.55 to 1.65 i) Buy [email protected] now, Not worth it.  ii) Buy [email protected], Lugi iii) Buy [email protected], LPPL iv) Buy [email protected], Latte only v) Buy [email protected], Lembu nasi  (Ah gong would try to make this possible so that both SCI and SCM have staunch locked sharesholders to wait for Kepper                                                      Merger) Now until then, weak hands sell SCI to Ah gong and Ah gong has foc SCM. |
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tangoanna
Master |
20-Aug-2020 16:13
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CAn you take over his job please.
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lailai
Elite |
20-Aug-2020 15:39
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Hope he would resume his postings which are usually informative and analytical with details that many of us forget. Very patient, prompt with his replies and clear with his explanations, with charts, tables, etc that most of us would find difficult to do even if we want to. He is usually right most of the times, like his current cut loss at 1.84. Learnt quite a bit from him becos he seems always willing to share his observations, his experience,, etc. Believe many of us look fwd to read his postings.  Frankly without his postings, some of which he has deleted, am finding this thread is not worth reading, . Just opinion. ![]()  
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ckmpd1
Supreme |
20-Aug-2020 15:37
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looks like the eventual winner will be SCI holders
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danger
Supreme |
20-Aug-2020 15:36
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it has to ... as temasek is the biggest shareholder and rights subscriber .. if below 20c .. temasek is so stupid to shoot itself on its foot .. paying so much money yet lose money they better wake up and resign 
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ckmpd1
Supreme |
20-Aug-2020 15:34
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If scm is 20/21 c until next week, it is good news for SCI share holders
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tangoanna
Master |
20-Aug-2020 15:32
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buy / subscribe to rights and sell 21c. Free arbitrage??? 
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