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Sembmarine_Green is the new gold_a better future

honesty      ( Date: 25-Nov-2021 16:01) Posted: well said, move it over to creative, profit will be much enormous even at .2.80 for creative as it would definitely shoot past 6/- with GY on board as he was a Minister of trade for several years and well connected with top 500 fortune companies scm demise can only be averted with more visible contracts and consolidation with KOM or other overseas oil and gas buyers TigerPlay      ( Date: 25-Nov-2021 15:55) Posted: Actually no one is right or wrong here. If you believe in SCM and I saw in POEMS, the analyst has got a target price of 8.9cts for it, which is a premium over the current price of 8.5cts, then go ahead and buy it or keep yr share dun sell. But if you no longer have confident in this counter and think your money can be better invest in another counter, then sell it and use the money otherwise, there is no need to talk bad about the counter too, as many here are strong believer and supporter in this counter and it may start a WAR here. That is my take. I just sold all my holding and reinvested in another counter, having kept SCM for over few months and see ni improvement so far, but yes it may start to move after I sold.

 

Looking at today's mkt, i think its q stupid to short smm. Look at how much KC drop. Got contract also drop. Just saying .. not saying you chart expert. Hahaha

chart_expert123      ( Date: 26-Nov-2021 17:53) Posted: Next week see 7.9-8. better      ( Date: 26-Nov-2021 17:22) Posted: My 8.4cents buy order for 400k shares was filled today.    Order Detail Action Buy Transaction ID 20211125000000376 Symbol S51 Stock Name SEMBCORP MARINE Filled Price SGD 0.08400 Status Filled Special Instructions None Order Date and Time 25/11/2021 12:40:25 AM Order Type Limit Order Good Till 24/12/2021 Quantity 400000 Filled Quantity 400000 Outstanding Quantity 0 Filled Details Filled Quantity @ Price Date (Market Time) Counter Party 94100 SGD 0.08400 26/11/2021 LIM AND TAN 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 300 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 200 SGD 0.08400 26/11/2021 07B 1600 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 1300 SGD 0.08400 26/11/2021 07B 1300 SGD 0.08400 26/11/2021 J.P. MORGAN 200 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 7800 SGD 0.08400 26/11/2021 UBS 15000 SGD 0.08400 26/11/2021 PHILLIP 500 SGD 0.08400 26/11/2021 J.P. MORGAN 1800 SGD 0.08400 26/11/2021 UBS 2200 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 150000 SGD 0.08400 26/11/2021 CIMB 2400 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 600 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 100000 SGD 0.08400 26/11/2021 UOB KAY HIAN 1600 SGD 0.08400 26/11/2021 UBS 2400 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 1600 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 14300 SGD 0.08400 26/11/2021 UOB KAY HIAN

 

Better is putting money where his mouth is.
How about you?
You Are like going around farting smelly air.

If you think it will go down to 79/80, then short and don go around farting. 💨 💨 💨

chart_expert123      ( Date: 26-Nov-2021 17:53) Posted: Next week see 7.9-8. better      ( Date: 26-Nov-2021 17:22) Posted: My 8.4cents buy order for 400k shares was filled today.    Order Detail Action Buy Transaction ID 20211125000000376 Symbol S51 Stock Name SEMBCORP MARINE Filled Price SGD 0.08400 Status Filled Special Instructions None Order Date and Time 25/11/2021 12:40:25 AM Order Type Limit Order Good Till 24/12/2021 Quantity 400000 Filled Quantity 400000 Outstanding Quantity 0 Filled Details Filled Quantity @ Price Date (Market Time) Counter Party 94100 SGD 0.08400 26/11/2021 LIM AND TAN 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 300 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 200 SGD 0.08400 26/11/2021 07B 1600 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 1300 SGD 0.08400 26/11/2021 07B 1300 SGD 0.08400 26/11/2021 J.P. MORGAN 200 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 7800 SGD 0.08400 26/11/2021 UBS 15000 SGD 0.08400 26/11/2021 PHILLIP 500 SGD 0.08400 26/11/2021 J.P. MORGAN 1800 SGD 0.08400 26/11/2021 UBS 2200 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 150000 SGD 0.08400 26/11/2021 CIMB 2400 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 600 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 100000 SGD 0.08400 26/11/2021 UOB KAY HIAN 1600 SGD 0.08400 26/11/2021 UBS 2400 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 1600 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 14300 SGD 0.08400 26/11/2021 UOB KAY HIAN

 

Borrowing shares to sell is definitely not considered a short sell from the regulator' s point of view. It is a private arrangement/ contract between 3 parties that MAS or regulators do not have any right to interfere.

For example, say Vanguard bought 100 million SCM shares and parked it with DBS Nominees Pte Ltd. Vanguard agreed to loan their shares to BOA (Bank of America) for a consideration of 5% p.a. (daily interest). BOA then sold the SCM shares on the open market. To MAS, SCM' s shares owned by Vanguard have been sold. The share borrowing arrangement is a private contract between Vanguard, DBS Nominees and BOA. Just like in trading futures, BOA will to put in cash as a margin so that DBSN can buy back the SCM shares to repay Vanguard anytime. If SCM' s share price rises, DBS Nominees will ask BOA to topup more cash if BOA does not want to buy back the SCM shares yet. If BOA is unable to do so, DBS Nominees will use the existing cash in BOA' s margin account to buy back SCM shares to repay Vanguard so that they would not incur any loss.

If you have traded futures before, the above example should be easy to understand.

bystander1965      ( Date: 26-Nov-2021 15:40) Posted: Naked shorts must be covered by end of the day. Not 3 days later (actually now it is T+2). T+2 SGX will buy back if it' s not covered at market + a couple of levels up (can' t remember the detail), plus penalties I think that are in the 1000' s. I do believe MAS outstanding short positions report reflects the current short because it requires all trading houses to report that. Since it can' t be naked shorts, I would think all " borrowed" shares sold will be considered shorts. MANFREDTMK      ( Date: 26-Nov-2021 14:43) Posted: You are right, as long as the share price don't go up, they can take their own sweet time to cover. But once it goes up, they will try to suppress it and if it fails, they will rush to cover rampantly like the case of SIA and Ping Ann insurance at HK$48.7, causing the price to overshoot on the upside. Optimistically, I am hoping that the buyers will accumulate enough cheap shares and then ramp up to trigger the panic covering if indeed the Short position is large. But I don't have information on the Short positions, always thinking that the short position should be covered by now.

 

Next week see 7.9-8.

better      ( Date: 26-Nov-2021 17:22) Posted: My 8.4cents buy order for 400k shares was filled today.    Order Detail Action Buy Transaction ID 20211125000000376 Symbol S51 Stock Name SEMBCORP MARINE Filled Price SGD 0.08400 Status Filled Special Instructions None Order Date and Time 25/11/2021 12:40:25 AM Order Type Limit Order Good Till 24/12/2021 Quantity 400000 Filled Quantity 400000 Outstanding Quantity 0 Filled Details Filled Quantity @ Price Date (Market Time) Counter Party 94100 SGD 0.08400 26/11/2021 LIM AND TAN 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 300 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 200 SGD 0.08400 26/11/2021 07B 1600 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 1300 SGD 0.08400 26/11/2021 07B 1300 SGD 0.08400 26/11/2021 J.P. MORGAN 200 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 7800 SGD 0.08400 26/11/2021 UBS 15000 SGD 0.08400 26/11/2021 PHILLIP 500 SGD 0.08400 26/11/2021 J.P. MORGAN 1800 SGD 0.08400 26/11/2021 UBS 2200 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 150000 SGD 0.08400 26/11/2021 CIMB 2400 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 600 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 100000 SGD 0.08400 26/11/2021 UOB KAY HIAN 1600 SGD 0.08400 26/11/2021 UBS 2400 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 1600 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 14300 SGD 0.08400 26/11/2021 UOB KAY HIAN

 

😎

better      ( Date: 26-Nov-2021 17:22) Posted: My 8.4cents buy order for 400k shares was filled today.    Order Detail Action Buy Transaction ID 20211125000000376 Symbol S51 Stock Name SEMBCORP MARINE Filled Price SGD 0.08400 Status Filled Special Instructions None Order Date and Time 25/11/2021 12:40:25 AM Order Type Limit Order Good Till 24/12/2021 Quantity 400000 Filled Quantity 400000 Outstanding Quantity 0 Filled Details Filled Quantity @ Price Date (Market Time) Counter Party 94100 SGD 0.08400 26/11/2021 LIM AND TAN 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 300 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 200 SGD 0.08400 26/11/2021 07B 1600 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 1300 SGD 0.08400 26/11/2021 07B 1300 SGD 0.08400 26/11/2021 J.P. MORGAN 200 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 7800 SGD 0.08400 26/11/2021 UBS 15000 SGD 0.08400 26/11/2021 PHILLIP 500 SGD 0.08400 26/11/2021 J.P. MORGAN 1800 SGD 0.08400 26/11/2021 UBS 2200 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 150000 SGD 0.08400 26/11/2021 CIMB 2400 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 600 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 100000 SGD 0.08400 26/11/2021 UOB KAY HIAN 1600 SGD 0.08400 26/11/2021 UBS 2400 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 1600 SGD 0.08400 26/11/2021 UBS 100 SGD 0.08400 26/11/2021 BAML - MERRILL LYNCH 14300 SGD 0.08400 26/11/2021 UOB KAY HIAN

 

My 8.4cents buy order for 400k shares was filled today. 

 

 

Yes, then should look for bargains elsewhere because currently all the other shares are a bit overstretched. A big correction for them will present big opportunities.

weekaykee      ( Date: 26-Nov-2021 15:54) Posted: If the African variant really renders the vaccines completely ineffective, oil prices will collapse along with the whole stock market. While SCM did not benefit from rising oil prices as it should have, any collapse in oil prices will push SCM below 8 cts. ahbui8      ( Date: 26-Nov-2021 15:35) Posted: I think SCM can be a good defensive counter at the moment

 

terrible management it has... unable to innovate, unable to change... seriously wtf company

 

Yes, MAS has the report

bystander1965      ( Date: 26-Nov-2021 15:40) Posted: Naked shorts must be covered by end of the day. Not 3 days later (actually now it is T+2). T+2 SGX will buy back if it' s not covered at market + a couple of levels up (can' t remember the detail), plus penalties I think that are in the 1000' s. I do believe MAS outstanding short positions report reflects the current short because it requires all trading houses to report that. Since it can' t be naked shorts, I would think all " borrowed" shares sold will be considered shorts. MANFREDTMK      ( Date: 26-Nov-2021 14:43) Posted: You are right, as long as the share price don't go up, they can take their own sweet time to cover. But once it goes up, they will try to suppress it and if it fails, they will rush to cover rampantly like the case of SIA and Ping Ann insurance at HK$48.7, causing the price to overshoot on the upside. Optimistically, I am hoping that the buyers will accumulate enough cheap shares and then ramp up to trigger the panic covering if indeed the Short position is large. But I don't have information on the Short positions, always thinking that the short position should be covered by now.

 

We will know within days on how seriously we should take the new variant. Too early to brush it off as an exaggeration in view of its 30 mutations. Scientists are very worried. 

ahbui8      ( Date: 26-Nov-2021 16:15) Posted: I said at the moment, not saying variant can render vaccine btw South Africa variant is just  exaggerated, a reason for USA market to have a correction which is long due. weekaykee      ( Date: 26-Nov-2021 15:54) Posted: If the African variant really renders the vaccines completely ineffective, oil prices will collapse along with the whole stock market. While SCM did not benefit from rising oil prices as it should have, any collapse in oil prices will push SCM below 8 cts

 

I said at the moment, not saying variant can render vaccine btw South Africa variant is just  exaggerated, a reason for USA market to have a correction which is long due.

weekaykee      ( Date: 26-Nov-2021 15:54) Posted: If the African variant really renders the vaccines completely ineffective, oil prices will collapse along with the whole stock market. While SCM did not benefit from rising oil prices as it should have, any collapse in oil prices will push SCM below 8 cts. ahbui8      ( Date: 26-Nov-2021 15:35) Posted: I think SCM can be a good defensive counter at the moment

 

If the African variant really renders the vaccines completely ineffective, oil prices will collapse along with the whole stock market. While SCM did not benefit from rising oil prices as it should have, any collapse in oil prices will push SCM below 8 cts.

ahbui8      ( Date: 26-Nov-2021 15:35) Posted: I think SCM can be a good defensive counter at the moment

 

Naked shorts must be covered by end of the day. Not 3 days later (actually now it is T+2). T+2 SGX will buy back if it' s not covered at market + a couple of levels up (can' t remember the detail), plus penalties I think that are in the 1000' s.

I do believe MAS outstanding short positions report reflects the current short because it requires all trading houses to report that. Since it can' t be naked shorts, I would think all " borrowed" shares sold will be considered shorts.

MANFREDTMK      ( Date: 26-Nov-2021 14:43) Posted: You are right, as long as the share price don't go up, they can take their own sweet time to cover. But once it goes up, they will try to suppress it and if it fails, they will rush to cover rampantly like the case of SIA and Ping Ann insurance at HK$48.7, causing the price to overshoot on the upside. Optimistically, I am hoping that the buyers will accumulate enough cheap shares and then ramp up to trigger the panic covering if indeed the Short position is large. But I don't have information on the Short positions, always thinking that the short position should be covered by now. better      ( Date: 25-Nov-2021 23:37) Posted: The short position of the Shortist is hidden and not available on the MAS website or anywhere. My estimation of the 1-2 billion short position is based on my observation of the market action over the past 5 months. How it works is that most institutional funds and family offices hold their shares with brokers or nominees firms. Apart from Startree, the top 15 shareholders are all brokers or nominee firms. They are not actually direct sharehodlers but are instead holding shares on behalf of institutional funds and family offices. A Shortist or consortium of shortists like Goldman Sach, JP Morgan, BOA etc would approach these brokers to borrow share scripts from them to sell and pay them an interest say 5% p.a. To MAS and the regulators, these are genuine sellers of shares.  Unlike naked short sellers who have to buy back their shorted shares in 3 days or so, the Shortist who borrowed scripts from brokers to sell can hold their short position for years if they wanted to. The risk to the shortist is if the share price surges unexpectedly, the broker may ask the Shortist to topup their margin or force buy back the position. However, that seldom happen as the Shortist are wall street sharks with the US printing press behind them unless there is a corporate buyout like in the case of SPH.  For this counter, the Shortist will likely not stay too long as Temasek already own 55% of SCM. A big chunk is owned by other institutions and higher net worth individuals. As the amount of shares owned by small retail dwindles, it will be harder and harder for them to play their game. The shortist is actively sponsoring articles on Upstream and other media outlets to dissuade new investors from investing in SCM so they could close their short position profitably. Let' s see how things work out in the next few months

 

0.192

 

I think SCM can be a good defensive counter at the moment 

 

You are right, as long as the share price don't go up, they can take their own sweet time to cover. But once it goes up, they will try to suppress it and if it fails, they will rush to cover rampantly like the case of SIA and Ping Ann insurance at HK$48.7, causing the price to overshoot on the upside. Optimistically, I am hoping that the buyers will accumulate enough cheap shares and then ramp up to trigger the panic covering if indeed the Short position is large. But I don't have information on the Short positions, always thinking that the short position should be covered by now.

better      ( Date: 25-Nov-2021 23:37) Posted: The short position of the Shortist is hidden and not available on the MAS website or anywhere. My estimation of the 1-2 billion short position is based on my observation of the market action over the past 5 months. How it works is that most institutional funds and family offices hold their shares with brokers or nominees firms. Apart from Startree, the top 15 shareholders are all brokers or nominee firms. They are not actually direct sharehodlers but are instead holding shares on behalf of institutional funds and family offices. A Shortist or consortium of shortists like Goldman Sach, JP Morgan, BOA etc would approach these brokers to borrow share scripts from them to sell and pay them an interest say 5% p.a. To MAS and the regulators, these are genuine sellers of shares.  Unlike naked short sellers who have to buy back their shorted shares in 3 days or so, the Shortist who borrowed scripts from brokers to sell can hold their short position for years if they wanted to. The risk to the shortist is if the share price surges unexpectedly, the broker may ask the Shortist to topup their margin or force buy back the position. However, that seldom happen as the Shortist are wall street sharks with the US printing press behind them unless there is a corporate buyout like in the case of SPH.  For this counter, the Shortist will likely not stay too long as Temasek already own 55% of SCM. A big chunk is owned by other institutions and higher net worth individuals. As the amount of shares owned by small retail dwindles, it will be harder and harder for them to play their game. The shortist is actively sponsoring articles on Upstream and other media outlets to dissuade new investors from investing in SCM so they could close their short position profitably. Let' s see how things work out in the next few months. MANFREDTMK      ( Date: 25-Nov-2021 17:55) Posted: I am not sure if there are any Short position still outstanding by now. Have to check MAS website. I believe most would have covered their short position by now. If this is true, then it confirmed that Shortists do not believe the price will fall below 8, that explained the buyback which implies sunny days ahead. Actually I think the big boys in Wall Street smells blood and have been subtly accumulating over the last 2 weeks. Say whatever you like, this share is already nuclear-bomb out. At $6, people dare to buy, at $5, also. At 8 cents, they haggle over the price. 🤔 🤔 🤔 . Hell hath no fury like a woman scorned. Learn to forget and forgive. We will BE BACK. 🙏 🙏 🙏

 

As of now, the evidences show Net Buying. I am cautiously optimistic. But I may be wrong, going forward

MANFREDTMK      ( Date: 26-Nov-2021 14:28) Posted: Even if the biggest fund, Vanguard which is parked under DBS Nominees will to sell all, it's only 560m shares. It should not be a problem for funds to absorb all. MANFREDTMK      ( Date: 26-Nov-2021 14:23) Posted: My friend can't reveal. There's a big seller, but there are big buyers too. Most importantly, the NET BUYING or SELLING is more important.

 

Even if the biggest fund, Vanguard which is parked under DBS Nominees will to sell all, it's only 560m shares. It should not be a problem for funds to absorb all.

MANFREDTMK      ( Date: 26-Nov-2021 14:23) Posted: My friend can't reveal. There's a big seller, but there are big buyers too. Most importantly, the NET BUYING or SELLING is more important. kopi-boy      ( Date: 26-Nov-2021 12:26) Posted: Do you know who are they?  Thanks

 

My friend can't reveal. There's a big seller, but there are big buyers too. Most importantly, the NET BUYING or SELLING is more important.

kopi-boy      ( Date: 26-Nov-2021 12:26) Posted: Do you know who are they?  Thanks. MANFREDTMK      ( Date: 26-Nov-2021 12:21) Posted: I only know over the last 3 months,1 institutions and 1 high networth sold 5b shares. Two fund and 1 high networth bought 9b shares. So overall, net buyin