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Sembcorp Ind
Last:6.15
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SembCorp Industries
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dealingroom88
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26-Aug-2020 15:56
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Seems like smm selling drying up and supported at .215 | ||||
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Longtermer
Elite |
26-Aug-2020 15:55
Yells: "A disciplined investor is a wealthy investor" |
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How to buy at 0.15? Really doubt so. The current trades or low prices are due to the demerger circumstance pressuring Smm holders who cannot afford to buy up their rights shares.. All this make worse by shortists heavy shorting, taking advantage of the whole exercise. But every company has its base value.. Smm NTA post demerger is about 30.5c. Going fwd, the company will has lower debts and more focused. Not all holders will no longer be pressured to sell way below this value after the whole demerger is done. Refering to the Demerger circular from mgtm:   Sembcorp Marine shareholders will benefit from the Rights Issue in the following ways:
 
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danger
Supreme |
26-Aug-2020 15:52
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that' s right.. just now got around 700 lots selling at 1.87... all BB scooped up and surging | ||||
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bystander1965
Supreme |
26-Aug-2020 15:47
Yells: "What I say is just my assessment. DYODD" |
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There are a lot of noises in the forum. The worst thing one can do to his/her own $ is to listen to forum, especially blindly. | ||||
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danger
Supreme |
26-Aug-2020 15:45
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like that everyone scare this scare all sold and cut loss ..  BB pickup ..later rally all regret never load cheap |
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happy2020
Senior |
26-Aug-2020 15:30
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To all bros and sis, just to share with you.. Dont get caught off guard, by margin trading.. I bought 500 000 SCI using maximum margin to the limit, and later realised that after demerger, the roughly 2000 000 of SMM which I will receive has only a  $100000 counter limitation and also the broking firm has reduced its margin valuation down to only 85% that is to say the margin call will definetely be called upon me due to my stretched holdings. So I already dumped everything  at lower profit.  Just take profit when you can. Dont get caught in the rush after demerger.    | ||||
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bystander1965
Supreme |
26-Aug-2020 15:17
Yells: "What I say is just my assessment. DYODD" |
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The first 5 major SH of SCI hold more than 52% (49.4% TH). The first 5 major SH of SMM hold more than 63% (60.9% TH). 4 of them the same as those of SCI. TH will not sell, and I don' t think the others like Vanguard/blackrock etc even if they wish to exit will just dump. They will likely " play" the market if they wish to exit. But there are still lots of small SH though. For sure it will be under pressure. |
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arctician1982
Senior |
26-Aug-2020 14:51
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the volume of shares for SCM awarded to SCI SH is massive, not sure how it will affect the price in Sep. Like for an investor who has 100k SCI, he or she will get 500K SCM shares, and assuming the average turnover vol for SCM now is 20mil shares per day, just an exit from a few major SCI SH enough to push price down. |
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shortyboy
Member |
26-Aug-2020 14:44
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BB shorting from $0.25-$0.20 levrl. Wait till next week to buy at $0.15 to buy. The time will come
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mesuper
Member |
26-Aug-2020 14:26
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Dont think so. I am not saying it cannot be below 20 cents, it is just that 20 cents is selling you the share of a rights price, i.e. selling it to you below it worth. Before the rights issue, it was traded at 77 cents, with 5 rights per share, it will be value around 26 cents. If you consider before Covid 19 CB, the price was 1.33. Well, there will be people wants to sell it if they so desprite to get off the market. | ||||
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dealingroom88
Member |
26-Aug-2020 14:22
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If u are right then shareholders should be dumping their existing holdings and subscribe for their rights.
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TigerPlay
Master |
26-Aug-2020 14:00
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Do u guys thinking once SCm free share given, it will drop below 20cts for sure?  i believe so, that why if i m holding to scm share, will defintely dump all (now 21cts or more) and buy back when it free fall say to 15cts. imagine 100lots can make 6k liaow. wat u guys think leh | ||||
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raymoon
Member |
26-Aug-2020 12:59
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Actually does the price really matters? Since it will deducted from our main share through divdends on the price of SMM on 9 Sept. Eg. SCI is $2 on 9 Sept and SMM is 0.22 cents or 0.20 cents. Dont they just minus according to the SMM price?? How does SMM price affect SCI though? Im vested but i like to learn more about this (:
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des_khor
Supreme |
26-Aug-2020 12:53
Yells: "Tell me who is God or Market Fortune Teller in this forum ??" |
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Think SMM buyers better wait for SCI sell to you cheaper when starts free SMM shares trading . | ||||
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MikeL2009
Senior |
26-Aug-2020 12:25
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Welcome back!LOL
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danger
Supreme |
26-Aug-2020 11:22
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??? still dead ? Higher to $2.20 ?
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ckmpd1
Supreme |
26-Aug-2020 10:56
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Yes, agree, it will be higher
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danger
Supreme |
26-Aug-2020 10:54
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2 WEEKS TO GO !!! | ||||
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des_khor
Supreme |
26-Aug-2020 10:46
Yells: "Tell me who is God or Market Fortune Teller in this forum ??" |
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Higher high can see from chart .
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danger
Supreme |
26-Aug-2020 10:45
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8 SEPT CE .. | ||||
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