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Sembcorp Ind
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SembCorp Industries
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valueinvest
Member |
19-Aug-2020 13:21
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You need to have stronger faith and holding power Josemm. Otherwise, if you will succumb to fear easily. Investing is for long term, and ignore the noise from the flucutations.  | ||||
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JY0064
Senior |
19-Aug-2020 13:15
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Bye. Someone would carry on from here.  
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danger
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19-Aug-2020 13:14
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aiya .. since only 1.85 left no point selling .. hold to take free SCM shares loh .. 3 weeks away only | ||||
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danger
Supreme |
19-Aug-2020 13:11
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there goes the No1 supporter after few months of shouting succumb to the BB | ||||
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danger
Supreme |
19-Aug-2020 13:10
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back to same price after EGM | ||||
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Calmroom
Master |
19-Aug-2020 13:01
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Still remember a kind suggestion from someone here to just buy pure SCI after everything is settled. But wondering if pure SCI ( after SCM gone ) can be considered ' recession proof' ?
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Octavia
Supreme |
19-Aug-2020 12:32
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Ezion is one most recent example iirc... similar industry.All rights and warrants become negligible value on 1st trading.
That why I have warned ppl not to be over optimistic and buy if needed after all the XR,CE whatever to be on the safe side.
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arctician1982
Senior |
19-Aug-2020 12:16
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i got 2000 shares scm, if sell the rights at 0.003 only $6. iF subscribe to the rights then got to pay $2K and take more loss if go under 20c. Think i will just forgo the rights subscription and excess to save $2K, but going get diluted. Just hope SCI stays up. Never see a counter where share price goes below right offer price during CR in last 10 years   |
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JY0064
Senior |
19-Aug-2020 11:40
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Now, I am even more afraid as SCI holder whether I could get close to 4.9 foc SCM shares as almost half the volume transacted is ASK and plus original rights  holders who wish to convert to avoid dilution.  I may even buy more SCI shares to enjoy more 1 for 4x ! |
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JY0064
Senior |
19-Aug-2020 11:30
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Really if I were to decide, I won' t dump my allocated foc SCM shares as they are anyway zero cost. Unless it drops below 0.13 & SCI drops below 1.50.
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mesuper
Member |
19-Aug-2020 11:22
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Think the BB is trying to keep the SMM price around 20.5 so that no chance for people to sell the rights but pay and exercie the rights.
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wonglau7479
Member |
19-Aug-2020 11:15
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Actually to i got a bit of different opinion here... drop below 1.8 will be too attractive a price even if SMM is 0.12 during XE
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Hawker80
Senior |
19-Aug-2020 11:03
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I do not have prove... but i personal opinion now for SCM.. SCM is too vulnerable.. everything is negative...thats why the price is too weak.. but not to forget..the workers are back to work., they are regaining their repair job revenue in Q3... And because they are very vulnerable to price. i think if they get a project, or just simple to resume work on any delayed project.. they price will surge to 25 cents?? just hold it
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JY0064
Senior |
19-Aug-2020 11:00
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Seek your advice why got 86M Ask for Rights at 0.03 to convert even though SCM is so crap?
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wonglau7479
Member |
19-Aug-2020 10:59
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Yah... everything is just prediction until it actually happen... but even with Jose conservative forecast i think SCI is still good for now..  
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Hawker80
Senior |
19-Aug-2020 10:52
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please also allow me to share my 2 cents as well.. I think SCM should worth 25 cents at least... SCI should worth 1.30 XE... So please hold tights... good luck shorting
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uiop1223
Supreme |
19-Aug-2020 10:51
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I predicted the rights to worth 1 cent... but didnt imagine to trade to $0.002... wonder why SMM shareholders vote ok to the scheme | ||||
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tangoanna
Master |
19-Aug-2020 10:51
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Yeah, i do regret not selling at $2.20 back in june. My average px is $1.61.    But that is history. Will monitor this closely though I truly believe in SCI' s businesses.
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wonglau7479
Member |
19-Aug-2020 10:47
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Not sure why my earlier post did not appear... Anyway, Jose bro... IMO, not a good price to sell now. Let me use your predicted values to work backwards. Say XE SCI is 1.20 and SMM is 0.5. If the entry price is 1.86 (current price) then 1.86 -0.5 = 1.36. So to achieve breakeven price of 1.36 from 1.2 is only about 13% which i think can be easily achieve within days especially looking at how SIA and Keppel price being supported... In fact, should be buying opportunity if it drops further... My 2 cents..
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Hawker80
Senior |
19-Aug-2020 10:47
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simple answer to that bro.. I' m a long term SCI and SCM holder... as I told you at the very first time.. I disagree with your statement keep on swinging ... then whats the point of making prediction.. just stand strong with your statement.. stand strong and hold your balls...  
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