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Sembmarine

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arctician1982
    25-Jun-2020 09:22  
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same here, am thinking will temasek and sembcorp jointly announce this if end result is a no vote, so far never see a temasek proposed deal fail before

simpleguy123      ( Date: 25-Jun-2020 07:28) Posted:

I am curious...do retail shareholders have enough votes collectively to say no

TA_Expert      ( Date: 23-Jun-2020 06:32) Posted:

Yes, SMM is sinking while SCI is rocketing to the moon. 2 different fates.

Before the announcement, SCI was trading at $1.40-$1.50++ range, this news propelled the share price to go above $2 for the first time after a few months.

SCI needs a catalyst to bring up its share price.

Anyway, good luck to all the existing SMM shareholders who agree to the resolutions. $0.30 is on the way


 
 
simpleguy123
    25-Jun-2020 07:28  
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I am curious...do retail shareholders have enough votes collectively to say no

TA_Expert      ( Date: 23-Jun-2020 06:32) Posted:

Yes, SMM is sinking while SCI is rocketing to the moon. 2 different fates.

Before the announcement, SCI was trading at $1.40-$1.50++ range, this news propelled the share price to go above $2 for the first time after a few months.

SCI needs a catalyst to bring up its share price.

Anyway, good luck to all the existing SMM shareholders who agree to the resolutions. $0.30 is on the way.

Kai189      ( Date: 22-Jun-2020 19:40) Posted:

sinking fast... a falling knife cuts deep


 
 
CheeryVGoh
    24-Jun-2020 18:21  
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OCBC advised that the theorerical Ex-Rights price is $0.29 based on 5 day VWAP of $0.74.

Stocky901      ( Date: 24-Jun-2020 18:07) Posted:

Will see this price just after XR..

Trader1987      ( Date: 23-Jun-2020 11:31) Posted:

Will we see closer to 20c


 

 
Stocky901
    24-Jun-2020 18:07  
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Will see this price just after XR..

Trader1987      ( Date: 23-Jun-2020 11:31) Posted:

Will we see closer to 20c ?

Stocky901      ( Date: 22-Jun-2020 19:35) Posted:

Below 40 cents soon..


 
 
lawsershare
    24-Jun-2020 09:53  
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Sembcorp Marine wins Sustainability Award at Seatrade Maritime Awards Asia


Look like Green Energy is the future soon...smiley
 
 
deviljin
    23-Jun-2020 13:55  
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This does not mean every stock in the market will not crash. lol

tt1010880      ( Date: 23-Jun-2020 12:15) Posted:

This is why markets are not crashing - https://www.youtube.com/watch?v=IkRqFEBWmN0

lawsershare      ( Date: 23-Jun-2020 12:07) Posted:

Breakingviews - Sovereign funds are having their rainy-day moment

https://www.reuters.com/article/us-sovereign-wealthfund-economy-breaking/breakingviews-sovereign-funds-are-having-their-rainy-day-moment-idUSKBN23U0DN

Look like more are coming to the rescue ...smiley

 


 

 
tt1010880
    23-Jun-2020 12:15  
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This is why markets are not crashing - https://www.youtube.com/watch?v=IkRqFEBWmN0

lawsershare      ( Date: 23-Jun-2020 12:07) Posted:

Breakingviews - Sovereign funds are having their rainy-day moment

https://www.reuters.com/article/us-sovereign-wealthfund-economy-breaking/breakingviews-sovereign-funds-are-having-their-rainy-day-moment-idUSKBN23U0DN

Look like more are coming to the rescue ...smiley

 

 
 
lawsershare
    23-Jun-2020 12:07  
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Breakingviews - Sovereign funds are having their rainy-day moment

https://www.reuters.com/article/us-sovereign-wealthfund-economy-breaking/breakingviews-sovereign-funds-are-having-their-rainy-day-moment-idUSKBN23U0DN

Look like more are coming to the rescue ...smiley

 
 
 
Trader1987
    23-Jun-2020 11:31  
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Will we see closer to 20c ?

Stocky901      ( Date: 22-Jun-2020 19:35) Posted:

Below 40 cents soon..

wenyen      ( Date: 22-Jun-2020 16:48) Posted:

Change of fate liao


 
 
danger
    23-Jun-2020 08:50  
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rocket reversal above 50c

danger      ( Date: 22-Jun-2020 15:51) Posted:

this is about the lowest price day after news and unhalt

SMM = 47.5c
SCI = $1.92

Poise to retrace up high ?

 

 
TA_Expert
    23-Jun-2020 06:32  
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Yes, SMM is sinking while SCI is rocketing to the moon. 2 different fates.

Before the announcement, SCI was trading at $1.40-$1.50++ range, this news propelled the share price to go above $2 for the first time after a few months.

SCI needs a catalyst to bring up its share price.

Anyway, good luck to all the existing SMM shareholders who agree to the resolutions. $0.30 is on the way.

Kai189      ( Date: 22-Jun-2020 19:40) Posted:

sinking fast... a falling knife cuts deep

 
 
Goldfinger
    22-Jun-2020 20:32  
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Agree - this makes sense.

arctician1982      ( Date: 22-Jun-2020 12:06) Posted:

top mgmt also need 2-3 years to plan our strategy and execute, interim what happen to the $4b+ debt liabilities, still need to repay right..also how to win customer contracts and order books when the company may go under anytime? oil majors also wont want to risk project getting done halfway. no matter how i see it this seems to be one of the best option for everyone. At least can subscribe to excess at 20c

easywin      ( Date: 22-Jun-2020 11:27) Posted:

Need to reshuffle top management to rescue the company not by issuing rights 


 
 
Kai189
    22-Jun-2020 19:40  
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sinking fast... a falling knife cuts deep
 
 
Stocky901
    22-Jun-2020 19:35  
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Below 40 cents soon..

wenyen      ( Date: 22-Jun-2020 16:48) Posted:

Change of fate liao

 
 
Daxtheman
    22-Jun-2020 18:26  
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https://links.sgx.com/1.0.0/corporate-announcements/EV2QG4JE05E1B4G4/2247aa0b2a5199b651e661e7f9f2e01656fb194cbfca43df1e16a4fe72cafdca


Can someone explain what it this ?

jiajoon90      ( Date: 22-Jun-2020 16:23) Posted:

can we see a hammer today?

 

 
wenyen
    22-Jun-2020 16:48  
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Change of fate liao
 
 
Sgvale
    22-Jun-2020 16:38  
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REVERSING!! REVERSING !!
 
 
chanbs
    22-Jun-2020 16:31  
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Need to break 50 cts psychological barrier

SgYuan      ( Date: 22-Jun-2020 11:44) Posted:

88.6% level 475
- deep correction limit


SgYuan      ( Date: 19-Jun-2020 13:17) Posted:

over corrected but nearing w2 end
w2 tgt 535 dn 61.8% level
px hit 510

78.6% level 495
hope it dont come here


 
 
jiajoon90
    22-Jun-2020 16:23  
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can we see a hammer today?
 
 
danger
    22-Jun-2020 16:22  
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ROCKET STARTED !

TANPK123      ( Date: 22-Jun-2020 15:52) Posted:

Lowest is 45. Q at 40 now.... Waiting for bad news.. And follow up with good news

danger      ( Date: 22-Jun-2020 15:51) Posted:

this is about the lowest price day after news and unhalt

SMM = 47.5c
SCI = $1.92

Poise to retrace up high ?


 
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