| Latest Forum Topics / Sembcorp Ind Last:6.13 -- |
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SembCorp Industries
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SgTrader17
Elite |
05-Aug-2020 20:37
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Today's recovery with high volume is a good sign. I have a number of batches, at $2.20, $2.12, $2.05, $1.95, $1.86 and $1.78. All because of gradual averaging based on my own funds limits. But the very last batch of $1.78 entered into green zone today, a good start. Next batch at $1.86 hopefully will see green zone tomorrow, which will means a 2nd good day and we can hope for "a happy ending" for the week ending Friday, then I can wish for $1.95 to be breached? To break my own target of $2.05, $2.12 and $2.20 will need EGM to swee swee go through. Awaits the confirmation for next three trading days. The truth shall be revealed. Longists win or shorists win. Good luck, Dyodd. | ||||
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josemmm123
Master |
05-Aug-2020 19:28
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There is one fear mongering shortist  I want to warn others. Souleraser    ==> Beware of this shortist.  He appears out of nowhere and start attacking SCI. Co-incidently also about 2 weeks ago. This attack happens in other forum.   |
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josemmm123
Master |
05-Aug-2020 19:23
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For educational purposes for newbie: As you can see, SCI is under attack in this forum.  U know who they are,  out of nowhere, strangers appear in this thread to attack SCI and even  resort to personal attack on ppl to try to defend SCI.    In other forum, SCI also under attack. This type of attack MAY be concerted effort of Shortists or ppl sent by BBs who shorted to undermine the confidence of SCI shareholders in order to trick them into selling their shares. eg1) ![]() Eg2) ![]()   |
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josemmm123
Master |
05-Aug-2020 18:51
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yes. well supported.. seller keep appearing and throw, maybe profit taking for those who bought below 1.75 and  on contra  , was in danger of falling below 1.80 at 4pm+ BUT buyers also keep appearing and push it back to close at 1.83. I would say is a good closing
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raykee
Veteran |
05-Aug-2020 18:49
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the high it chiong, the lesser the crash later.... i do wish the days faster pass...... | ||||
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moron101
Supreme |
05-Aug-2020 18:41
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Tomorrow continue to chiong to above $2.00..all huat.
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valueinvest
Member |
05-Aug-2020 18:25
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Have increased my SCI units to 36,000 units, with the huge potential of SCI post de-merger as well as for SCM to thrive under TH' s management :) There are much benefits for the companies, and shareholders to reap from this transaction. And its really one of the rare chance that you can have such a transaction in the local market, for the marine indsutry to consolidate in order to be competitive against the rest of the world. WIth growing competition, consolidation in offshore and marine sector will definitely be good for industry :) Hangin there for those who have vested, you will be rewarded well.  |
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weekaykee
Master |
05-Aug-2020 17:53
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Based on 10 lots your total outlay will be $18200 After demerger, SCI will trade lower around $1.20 - $1.30 or a total of $13,000, assuming status quo market conditions, Your free SCM shares should trade around 22ct - 25cts and taking the upper end, your 42700 free SCMshares should be worth around $10650 YOur total profit could be around $5500 or 30% profit margin. But if SCM merges with KOM which is almost guaranteed if the demerger pulls through, then SCM may eventually trade higher to around 35cts - 40cts at least. SCI should also slowly creep up to around $1.50 for a start and longer term even $1.80 - $2. Based on 35 cts for SCM and $1.50 for SCI, your mid-term profits could go up as high as 65% based on current entry  price of $1.82
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josemmm123
Master |
05-Aug-2020 17:42
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Yes..ur explanation is perfect.. ya.. there will be downward adjustment of SCI share price to around $1.20-$1.40 upon XE(Ex Entitlement). BUT ur overall capital will still be intact due to the so called " free" SMM shares. $1.20 + (4.2 x 20 cents) assuming SMM trades at 20 cents (worse case trading price = rights issue price) and assuming u getting the minimum of 4.2 free SMM shares. So ur total = $1.20 + (4.2 x 20) = $1.20 + $0.84 = $2.04 ..
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yoga123
Elite |
05-Aug-2020 17:30
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Just a question for anyone here,  if I plan to buy 10 lots of SCI at 1.82 and the upcoming EGM concludes with the successful demerger for SCI and SCM,  what do I stand to gain ?    Thanks.    😉 |
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weekaykee
Master |
05-Aug-2020 17:29
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Its NAV will  be adjusted downwards after removing SCM so logically SCI should trade lower. But in the longer run (2-3 years) it might slowly creep back up close to $1.80 -$2.00. 
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Deepthought
Senior |
05-Aug-2020 17:23
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if base on your eg, can u explain why must minus 90c fr $2.20? does it always work tis way?
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SgTrader17
Elite |
05-Aug-2020 17:18
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Ya. The prices is predicted based on minus off about 4300 SCM shares X about $0.20 (about $0.86 to $0.90?). So if it rallies to over $2.00 during cum entitlement, say $2.20. minus $0.90 = $1.30 remaining. But, this case is a unique one, as we know the demerger is a positive effect on SCI, and there is still a possibility of a surprise of price dip to $1.20 but buyers subsequent push it back up to $1.40? Or $1.60? Post demerger plan, SCI is actually in better position for earnings and financially. All said, I always take one step at a time, let's await results of EGM first. The rest can discuss at a later stage. Don't count the chicks before they are hatched. EGM needs to clear successfully first. Then we plus and minus accordingly. Dyodd.
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Justheretotrade
Member |
05-Aug-2020 17:15
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Looks like a strong close 1.83 | ||||
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Deepthought
Senior |
05-Aug-2020 17:10
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good ques which i don' t hav answer now..those info in blue font were retrieved fr Josemmm123 earlier post..I remain bullish  SCI will  b  $1.6-1.80  after XE
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raykee
Veteran |
05-Aug-2020 16:55
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trying to test the 1.86 wall....... hard sia today... 10mins more... | ||||
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raykee
Veteran |
05-Aug-2020 16:53
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why will it go to 1.2 to 1.4 after XE? yes it will sink after ppl get their SMM, but why so low leh?
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SgTrader17
Elite |
05-Aug-2020 16:34
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Metal wall at $1.83. Nevermind, hope close strong and tomorrow bring more wallbreakers. Anyone play CoC? Wallbreakers ... Lol. | ||||
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SgTrader17
Elite |
05-Aug-2020 16:09
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This morning posted my proxy letter/form and today see a big rebound. I think tomorrow I go post another one (CPF account) and maybe tomorrow will see another big rebound. What about that? Hope to see $1.95 tomorrow! Good luck, all. Dyodd. Target $1.95 by EGM, 11/08, See if attainable.
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Deepthought
Senior |
05-Aug-2020 15:28
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wapiah the blue fonts so big who cannot c! w so many people support, definitely good wind is on our side! We will stay positive together! PUMPING - prediction Stage 1 (EGM)  about $1.90 Stage 2 (CE) about $2.20 Stage 3 (XE)  about $1.20 to $1.40
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  why no