Seatrium    Last:0.091   -

SembCorp Marine- The new Frontier.

I have predicted a few months back that after the Player hold prices below 15 cents for extended period, there will be truck loads of retail players queuing to sell when prices go back up to the 16 to 20 cents range.

Judging from reactions of many of the forumers' commentrs here, that seems to be spot on,.

So, I strongly suspect that the Player who has been manipulatinbg SMM' s share price since half a year ago when the rights issue was announced is already net long.

The Player or maybe group of players are holding prices down for longer so they can buy more and also to let all their abang adik exit their shorts and go long as well.

This is only possible when SCI shareholders ex Temasek were given 3 billion free SMM shares.

So now, the stars are aligned for SMM to cheong! 



Anyone follows my logic?

 

Login to peoms.com.sg/Sembcorp Marine/Stock Analytics
Con. Target Price  (18 Jan 21)  SGD  0.268
Last Traded Price  (15 Jan 21)  SGD  0.169
Potential Upside▲ 58.6%

Checkerman      ( Date: 18-Jan-2021 09:32) Posted: any link boss? DLP123      ( Date: 18-Jan-2021 09:26) Posted: Philip stock analystics, recently added a Consensus Target price to Sembmarine as S$0.268 (Potential upside 58.6%)

 

Bro, you are absolutely right as well 🙏 🏻

FATABA      ( Date: 18-Jan-2021 12:59) Posted: Bro there is always a 3rd way .....stay sideway .  naoshingo      ( Date: 18-Jan-2021 12:04) Posted: D-Day is fast approaching....2 ways...One is Chiong very high....while the other is crash... So good luck to all of us... Trade with care for all traders.. For me, I am a long termer....so I can tahan a bit....

 

Bro there is always a 3rd way .....stay sideway . 

naoshingo      ( Date: 18-Jan-2021 12:04) Posted: D-Day is fast approaching....2 ways...One is Chiong very high....while the other is crash... So good luck to all of us... Trade with care for all traders.. For me, I am a long termer....so I can tahan a bit....

 

Congrats 

better      ( Date: 18-Jan-2021 10:28) Posted: Multimillionaire? Yes, just like many many other Singaporeans if you include their properties values. Godwinlow      ( Date: 18-Jan-2021 10:08) Posted: U multi millionaire? Hah

 

D-Day is fast approaching....2 ways...One is Chiong very high....while the other is crash...
So good luck to all of us...
Trade with care for all traders..
For me, I am a long termer....so I can tahan a bit....

 

Spartan forces getting organized for the next assault.

 

Go simply wall st. Not sure how accurate though. The individuals are all related to SMM board or management. Are you one? Hahaha.

better      ( Date: 18-Jan-2021 10:33) Posted: Where do you find the top 20 shareholders list? Can share? bystander1965      ( Date: 18-Jan-2021 10:10) Posted: A new individual investor popped into the top 20 holders of SMM last month. Maybe that' s him. :

 

Where do you find the top 20 shareholders list? Can share?

bystander1965      ( Date: 18-Jan-2021 10:10) Posted: A new individual investor popped into the top 20 holders of SMM last month. Maybe that' s him. :) Godwinlow      ( Date: 18-Jan-2021 10:08) Posted: U multi millionaire? Hah

 

Multimillionaire? Yes, just like many many other Singaporeans if you include their properties values.

Godwinlow      ( Date: 18-Jan-2021 10:08) Posted: U multi millionaire? Haha better      ( Date: 18-Jan-2021 09:18) Posted: Daily purchase program- Bought some at 16.8 cents Trade safe and DYODD.

 

A new individual investor popped into the top 20 holders of SMM last month. Maybe that' s him. :)

Godwinlow      ( Date: 18-Jan-2021 10:08) Posted: U multi millionaire? Haha better      ( Date: 18-Jan-2021 09:18) Posted: Daily purchase program- Bought some at 16.8 cents Trade safe and DYODD.

 

U multi millionaire? Haha

better      ( Date: 18-Jan-2021 09:18) Posted: Daily purchase program- Bought some at 16.8 cents Trade safe and DYODD.

 

any link boss?

DLP123      ( Date: 18-Jan-2021 09:26) Posted: Philip stock analystics, recently added a Consensus Target price to Sembmarine as S$0.268 (Potential upside 58.6%)

 

Philip stock analystics, recently added a Consensus Target price to Sembmarine as S$0.268 (Potential upside 58.6%)

 

Daily purchase program- Bought some at 16.8 cents

Trade safe and DYODD.   

 

First, please get the facts right.

Immediately after the demerger, SCI was trading about $1.20 and SMM was trading at about 17 cents. So yes, one would miss the 50% gain. But not much paper loss for SMM based on current price.

Second, I had also said that SCI shareholders were already the winner from the rights issue at the expense of SMM' s minority shareholders who did not subsribe for the rights shares because they were given free SMM shares. Now is an matter of how they can win even more.

Third, my statement about the state of SCI is not invalidated by the current share price, which can trade very far from their fundamental values at times for various reasons. I am sure investors of Hyflux shares and perpetual bonds were quite happy with their returns sometimes in the past as well.

Fourth, your statement is about history with the benefit of hindsight. With the same hindsight, I could also say, on the 26th Oct, SCI was trading at $1.58 and SMM was trading at 12 cents. If one has done the swap then, he would have made 25% more profit. If you follow my posts closely, you might have realised that I started advising SCI shareholders to do the swap trade sometime in October last year. I might be proven wrong eventually, but now is too early for you to make that call.

Bry_2004      ( Date: 17-Jan-2021 17:40) Posted: If one had indeed sold SCI right after demerger to instead buy SMM..He would be knocking his head now.. 1. Lost out on SCI's over 50% appreciation 2. Still sitting on a paper loss for SMM Double whammy..I sure hope you aren't that one

 

If one had indeed sold SCI right after demerger to instead buy SMM..He would be knocking his head now..
1. Lost out on SCI's over 50% appreciation
2. Still sitting on a paper loss for SMM
Double whammy..I sure hope you aren't that one

 

As someone who invested into smm at an average price of .14x..i sure hope smm does well..but there should be a limit to blind faith
You have been saying this since the demerger months ago..I only seen SCI appreciating by over 50%..From 1.10 or so to about 1.8 now..SMM on the other hand is struggling to even get to its rights issue price..That only proves one thing about your theory..

better      ( Date: 15-Jan-2021 22:46) Posted: Sembcorp industries is pretty much a walking dead. Temasek is just hoping that SCI can keep on walking despite being dead so that they do not need to cough out money for a rights issue. Now that SMM is heading higher, the punter that had been pusher SCI higher to convince shareholders to let go of their free SMM can stop playing the game. SCI is likely to head back to $1 sooner rather than later. There is no way SCI can come out of the $10 billion debt black hole with all its limbs intact. So,  sell SCI to buy SMM  is the smart move As usual, do your own DYODD.

 

A major repair/ upgrade project SMM is undertaking currently at the Tua yard (A big part of the $330million repair/ upgrade work secured in Q3).