| Latest Forum Topics / Seatrium Last:0.091 -- |
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THE BEST IS YET TO BE
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dcproperty
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04-Mar-2022 10:06
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Funny world.
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weekaykee
Master |
04-Mar-2022 09:45
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TA / Charts do not apply to SC. You need substantial contracts - ie right now it is all about FA
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pocketoppo
Member |
04-Mar-2022 09:06
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sc has broken above sma100 now. it is almost touching on sma200. last year sc was still under moving average. should have more upside. |
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PHInsider63
Veteran |
04-Mar-2022 09:02
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Thanks for your views.
Contrary to popular views, SM has the upper hand. They have the cash liquidity now, major problems resolved, profitability this year, blessing in disguise they don have too many loss-making projects (for more info check Better earlier posting). On the other hand, KOM has lots of perils. Advantage SM
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weekaykee
Master |
04-Mar-2022 08:55
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Merger has been discounted. In fact meger is the only way for SCM to survive. SCM' s price will collapse if a merger does not materialise. But if merger terms for SCM are worst than expected, then you should be able to make an intelligent guess on where the price will head.  And SCM is not in the driver' s seat to negotiate for neutral let alone favourable merger terms. They are KC' s mercy.
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MANFREDTMK
Master |
04-Mar-2022 08:30
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The 20.1m shares are naked shorts for yesterday
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MANFREDTMK
Master |
04-Mar-2022 08:27
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Yes, 17.6m shares is too negligible. In fact, yesterday short selling alone is 20.1m shares. Short sell position by borrowing scripts from financial institutions like insurance companies is very difficult to find. Search the whole MAS website, can't find
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better
Elite |
04-Mar-2022 01:00
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The short position reported by MAS is for naked shorts. Meaning you sell shares that you do not own. The shortist is selling actual shares they borrowed from institutions via brokers or bank nominee services. These data is not avaliable anywhere. You can only guess or estimate by observing the market action over the months or years. For example, A buy SCM shares and lend his scripts to B who sell it on the open market to C. To MAS, C own those SCM shares. To A, he also owns SCM shares which he has lent to B and these shares would be returned to him at some point of time. To B, he is " short" SCM shares as he will need to buy back the SCM shares to return to A eventually. To MAS, it does not care about the " private" agreement between A and B. As far as MAS is concerned, C owns the said shares and nobody is short anything which is published in its weekly report. In other words, the MAS report is pretty useless. The main lenders of borrowed scripts are entities like DBS nominees, Citibank nominees etc. When long term instutional investors like Blackrock or Dimensional fund buy shares, they would deposit their share scripts with the bank nominees who can then lend these share scripts out to anyone at a fee. These data are highly sensitive and the bank nominees would take extreme care to make sure that it is protected. In short, nobody would know what is the actual short position of any counter unless he has an insider informant.
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MANFREDTMK
Master |
04-Mar-2022 00:26
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Thanks
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jpts66
Member |
04-Mar-2022 00:19
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About 17.6M as at 25 Feb. 
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chachabobo
Member |
04-Mar-2022 00:07
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Merger worth how much 
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mrwise
Supreme |
04-Mar-2022 00:02
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Merger may come soon....get ready....likely more spike up!! 
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MANFREDTMK
Master |
03-Mar-2022 23:47
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Naked shorts are shown daily in SGX BUY-IN. But scripts borrowed from financial institutions can be long term and if I am not wrong can be found in MAS WEBSITE. Too tired after work to search today
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ahbui8
Master |
03-Mar-2022 23:37
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The counter has been in the 8 series from late Aug till now, shortist has more enough time to cover therefore I don' t think there still a lot of uncover short positions. I just think simple, the share up because of the merge.
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better
Elite |
03-Mar-2022 22:56
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Possible. 60 cents will value SCM at about $19+ billion. The last cycle peak in 2011, SCM was valued at $12 billion. They had raised $3.6 billion cash since. The next cycle peak may value them (ex Keppel OM) at say $24 billion or even $36 billion. Tuas Mega yard is gigantic and can work on 5-6 new built FPSO at the same time....much room to scale up the activity if the market is willing the pay.
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MANFREDTMK
Master |
03-Mar-2022 22:48
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I believed today is the beginning of the short squeeze. Let's see tomorrow to confirm. Yes, close to half the trade is proprietary trading amongst broking houses. In this regard, there's more room for squeezing based on your information about the size of the short positions
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better
Elite |
03-Mar-2022 22:45
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I might be totally wrong, but I feel that the moment is not here yet for the Shortist to panic and want to cover in a hurry unless they have already gotten insider news about the merger terms llike maybe existing SCM sharehodlers will get 4 cents special dividend (like more forumers here that previously keep chanting 4 cents 4 cents 4 cents!) as part of the merger deal etc. The news flow will turn decidedly positive by Q1 update in May with likely some mega contracts announcement.  Prior to that, it is mostly posturing by Shortist to convince more retail shareholders to sell to them at the cheap. |
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PHInsider63
Veteran |
03-Mar-2022 22:43
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I see.
Thanks a lot.
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MANFREDTMK
Master |
03-Mar-2022 22:43
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Another possibility is the price was pushed up by their desperate buying because the timeframe for them to close their short position can be anytime soon within this month. Because of the merger, they have to close their position, not a matter of choice. If indeed the outstanding short position is so big, 10 cents should be reachable sooner than later. The person who listed the short positions two weeks ago was kidnapped. Go find him, the most wanted man in Singapore now
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chachabobo
Member |
03-Mar-2022 22:42
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can chiong to 0.60 ?
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