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Sembcorp Marine overvalued

Tons of people unloading since subscription price is at $0.20 per share.

 

If you want to sell, you can do it in SGX tomorrow under sem Corp Marine R

iggyiggs      ( Date: 18-Aug-2020 19:08) Posted: Hello, I'm a new to rights issue. Never encountered this problem before.. Can anyone advise how to sell rights issue? I just checked my account, I have been issued shares for THFR. Thanks in advance. uiop1223      ( Date: 17-Aug-2020 12:00) Posted: 5 Sembcorp Marine rights for every 1 Sembcorp Marine share. Subscription price at $0.20 per security. Trading period: 19th Aug 2020, 9am to 27th Aug 2020, 5pm. (This option is for those client who do not wish to participate in the rights issue) Exercise period: 19th Aug 2020 to 2nd Sep 2020, 9pm via participating bank ATMs. CPF subscription date might be earlier. Please check with CPF agent bank on the cutoff date. No extension will be entertained by them. No action taken for this rights issue will result in monetary losses so please make sure you either sell or exercise your rights issue

 

Hello, I'm a new to rights issue. Never encountered this problem before.. Can anyone advise how to sell rights issue?

I just checked my account, I have been issued shares for THFR.

Thanks in advance.

uiop1223      ( Date: 17-Aug-2020 12:00) Posted: 5 Sembcorp Marine rights for every 1 Sembcorp Marine share. Subscription price at $0.20 per security. Trading period: 19th Aug 2020, 9am to 27th Aug 2020, 5pm. (This option is for those client who do not wish to participate in the rights issue) Exercise period: 19th Aug 2020 to 2nd Sep 2020, 9pm via participating bank ATMs. CPF subscription date might be earlier. Please check with CPF agent bank on the cutoff date. No extension will be entertained by them. No action taken for this rights issue will result in monetary losses so please make sure you either sell or exercise your rights issue. FD2R8888      ( Date: 17-Aug-2020 11:40) Posted: Hi everyone  I am a newbie in this forum and currently holding some Sembcorp Marine Shares thus I would like to seek the bros and sis here for your advice.Understand that this Wed the rights will start to trade in the market. May i know do we need to subscribe the rights based on current status or we do not have to do anything and they will credit the rights to our CDP account. Anyone can  advice me please. Thank you

 

You can call CDP 65357511
Check account balance

You are looking for " Sembcorp Marine Ltd R"

padrickt      ( Date: 18-Aug-2020 10:26) Posted: Newbie here.... How do you check if SMM rights credited? In the CDP account? If there isn' t... who can I call to check?

 

Sifu, SCI & SMM holder too ? I m not yet.
Care if I join you ?

guards80      ( Date: 17-Aug-2020 16:14) Posted: Become penny liaoz aiyo

 

Newbie here.... How do you check if SMM rights credited? In the CDP account? If there isn' t... who can I call to check?


 

 

I checked, SMM rights credited.

 

Become penny liaoz aiyo

 

The Rights are still not credited to my CDP. Anyone else the same?

 

will the rights go the same fate as the sister mcrb. very likely at the rate smm is trading now

 

That is my opinion too.

ysh2006      ( Date: 15-Aug-2020 17:04) Posted: TH no money to rescue so many company....ask share holders come out money to support their company. Shifu8888      ( Date: 15-Aug-2020 13:42) Posted: My opinions: it is time to slowly quit medical stocks. Load more bank stocks, blue chip stocks such as Keppel and Sembcorp as the world prepares for vaccine readiness and mass production. Yes, new Normal for the world to be conscious of more pPE but stock market is about sentiments. When vaccine is proven, medical stocks will be the casualties. Once battered blue chips will be first to rise.

 

5 Sembcorp Marine rights for every 1 Sembcorp Marine share. Subscription price at $0.20 per security.

Trading period: 19th Aug 2020, 9am to 27th Aug 2020, 5pm. (This option is for those client who do not wish to participate in the rights issue)

Exercise period: 19th Aug 2020 to 2nd Sep 2020, 9pm via participating bank ATMs.

CPF subscription date might be earlier. Please check with CPF agent bank on the cutoff date. No extension will be entertained by them.

No action taken for this rights issue will result in monetary losses so please make sure you either sell or exercise your rights issue.

FD2R8888      ( Date: 17-Aug-2020 11:40) Posted: Hi everyone  I am a newbie in this forum and currently holding some Sembcorp Marine Shares thus I would like to seek the bros and sis here for your advice.Understand that this Wed the rights will start to trade in the market. May i know do we need to subscribe the rights based on current status or we do not have to do anything and they will credit the rights to our CDP account. Anyone can  advice me please. Thank you

 

Hi everyone  I am a newbie in this forum and currently holding some Sembcorp Marine Shares thus I would like to seek the bros and sis here for your advice.Understand that this Wed the rights will start to trade in the market. May i know do we need to subscribe the rights based on current status or we do not have to do anything and they will credit the rights to our CDP account. Anyone can  advice me please.

Thank you

 

Temasek used the 4 plus billion to buy into BlackRock.

SgTrader17      ( Date: 15-Aug-2020 17:16) Posted: Temasek doesn't have the money to do so or Temasek wishes to choose the more cost savings and strategic way to do so? They just dropped the $4b deal for KC, that's already funds on hand available to utilize. Enough to take out Kep marine unit to combine with SCM. But tapping on public funds is more cost effective and for them to subscribe to the rights at lower price is cheaper than doing any offer or takeover. Which I see why the whitewash resolution came along. This is cost savings, cost effective. Getting at the all time low and there's more gains in the future when things turnaround. ysh2006      ( Date: 15-Aug-2020 17:04) Posted: TH no money to rescue so many company....ask share holders come out money to support their company

 

www.businesstimes.com.sg/energy-commodities/oil-companies-wonder-if-its-worth-looking-for-oil-anymore?

 

Yes, TH will mop up all the unsubscribed rights

Goldfinger      ( Date: 16-Aug-2020 15:30) Posted: There is an underwriter for the rights issue right? The underwriter will have to mop up the rights if undersubscribed. ckmpd1      ( Date: 15-Aug-2020 17:13) Posted: good point.  My take is that TH hopes retail investors will subscribe to the right

 

There is an underwriter for the rights issue right? The underwriter will have to mop up the rights if undersubscribed.

ckmpd1      ( Date: 15-Aug-2020 17:13) Posted: good point.  My take is that TH hopes retail investors will subscribe to the rights ysh2006      ( Date: 15-Aug-2020 17:04) Posted: TH no money to rescue so many company....ask share holders come out money to support their company

 

Wait for the expiring date of right subscription than will know whether TH need to cough out more money to underright those not buy shares....

 

Temasek doesn't have the money to do so or Temasek wishes to choose the more cost savings and strategic way to do so? They just dropped the $4b deal for KC, that's already funds on hand available to utilize. Enough to take out Kep marine unit to combine with SCM. But tapping on public funds is more cost effective and for them to subscribe to the rights at lower price is cheaper than doing any offer or takeover. Which I see why the whitewash resolution came along. This is cost savings, cost effective. Getting at the all time low and there's more gains in the future when things turnaround.

ysh2006      ( Date: 15-Aug-2020 17:04) Posted: TH no money to rescue so many company....ask share holders come out money to support their company. Shifu8888      ( Date: 15-Aug-2020 13:42) Posted: My opinions: it is time to slowly quit medical stocks. Load more bank stocks, blue chip stocks such as Keppel and Sembcorp as the world prepares for vaccine readiness and mass production. Yes, new Normal for the world to be conscious of more pPE but stock market is about sentiments. When vaccine is proven, medical stocks will be the casualties. Once battered blue chips will be first to rise.

 

good point.  My take is that TH hopes retail investors will subscribe to the rights

ysh2006      ( Date: 15-Aug-2020 17:04) Posted: TH no money to rescue so many company....ask share holders come out money to support their company. Shifu8888      ( Date: 15-Aug-2020 13:42) Posted: My opinions: it is time to slowly quit medical stocks. Load more bank stocks, blue chip stocks such as Keppel and Sembcorp as the world prepares for vaccine readiness and mass production. Yes, new Normal for the world to be conscious of more pPE but stock market is about sentiments. When vaccine is proven, medical stocks will be the casualties. Once battered blue chips will be first to rise.