Seatrium    Last:0.091   -

SembM Re-Born Rich

Those are borrowed script to short. 

Eagle88      ( Date: 08-Mar-2024 14:56) Posted: For those due by today T+2 or T+3. Total 424 millions shorted not including yesterday. Potential naked shorts volume??? Eagle88      ( Date: 08-Mar-2024 14:30) Posted: Wait for CDP to cover for those naked shorts !!! May have good show later. LO

 

Seatrium hosts strike steel ceremony for MODEC?s Brazil-bound FPSO ? gallery
BUSINESS DEVELOPMENTS & PROJECTS
March 7, 2024, by MC
Singapore-headquartered Seatrium Limited, former Sembcorp Marine Ltd before the merger with Keppel Offshore & Marine Limited, has welcomed the first steel fabrication milestone for the construction of a new floating production, storage, and offloading (FPSO) vessel, which is destined for an Equinor-operated pre-salt gas and condensate project off the coast of Brazil.


https://www.offshore-energy.biz/seatrium-hosts-strike-steel-ceremony-for-modecs-brazil-bound-fpso-gallery/

 

there' s a proposed share consolidation in April for 20 to 1, i see the report is based on $0.125 per share. does it mean after consolidate confirm will get $2.50 per share? even though per share now is $0.091?

 

For those due by today T+2 or T+3. Total 424 millions shorted not including yesterday. Potential naked shorts volume???

Eagle88      ( Date: 08-Mar-2024 14:30) Posted: Wait for CDP to cover for those naked shorts !!! May have good show later. LOL Eagle88      ( Date: 08-Mar-2024 14:27) Posted: Guidelines on the Regulation of Short Selling 4 2 SHORT SELLING 2.1 Short selling is the sale of capital markets products that the seller does not own at the time of the sale. Short selling may either be &lsquo covered&rsquo or &lsquo uncovered&rsquo . In &lsquo covered&rsquo short selling, the seller has borrowed or made arrangements to borrow the capital markets products before the short sale is made. In &lsquo uncovered&rsquo short selling (also referred to as &lsquo naked&rsquo short selling), the seller is not in possession of the capital markets products at the time of the sale or has not made borrowing arrangements before the short sale is made. 2.2 Short selling allows for more efficient price discovery, increases market liquidity, and facilitates risk management and the development of hedging activities. However, when there is significant market uncertainty, short selling could result in increased market volatility, potentially leading to disorderly markets. Short selling may also be used as a tool in market abuse, for example where it is accompanied by false rumours designed to encourage others to sell. &lsquo Uncovered&rsquo short selling may also result in disruptions to the settlement process, when uncovered short sellers are unable to deliver the securities on settlement date. 2.3 Internationally, many securities markets have put in place measures to mitigate the potential negative effects of short selling, such as restricting the price of short sales or requiring short sellers to borrow securities before short selling them. 2.4 In Singapore, the Central Depository (Pte) Limited (&ldquo CDP&rdquo ) mitigates short selling&rsquo s potentially disruptive effects on the settlement system, by purchasing securities on behalf of sellers who do not possess securities for delivery on settlement day (commonly referred to as the &ldquo buying-in&rdquo process). Where CDP carries out buying-in, the cost of purchase and an additional penalty is charged to the seller who failed to deliver the securities. In addition, the Singapore Exchange Securities Trading Limited (&ldquo SGX-ST&rdquo ) conducts surveillance to detect market abuse. 2.5 These measures help mitigate some of the potential negative effects of short selling and ensure that markets continue to function in an orderly and efficient manner.

 

Wait for CDP to cover for those naked shorts !!! May have good show later. LOL

Eagle88      ( Date: 08-Mar-2024 14:27) Posted: Guidelines on the Regulation of Short Selling 4 2 SHORT SELLING 2.1 Short selling is the sale of capital markets products that the seller does not own at the time of the sale. Short selling may either be &lsquo covered&rsquo or &lsquo uncovered&rsquo . In &lsquo covered&rsquo short selling, the seller has borrowed or made arrangements to borrow the capital markets products before the short sale is made. In &lsquo uncovered&rsquo short selling (also referred to as &lsquo naked&rsquo short selling), the seller is not in possession of the capital markets products at the time of the sale or has not made borrowing arrangements before the short sale is made. 2.2 Short selling allows for more efficient price discovery, increases market liquidity, and facilitates risk management and the development of hedging activities. However, when there is significant market uncertainty, short selling could result in increased market volatility, potentially leading to disorderly markets. Short selling may also be used as a tool in market abuse, for example where it is accompanied by false rumours designed to encourage others to sell. &lsquo Uncovered&rsquo short selling may also result in disruptions to the settlement process, when uncovered short sellers are unable to deliver the securities on settlement date. 2.3 Internationally, many securities markets have put in place measures to mitigate the potential negative effects of short selling, such as restricting the price of short sales or requiring short sellers to borrow securities before short selling them. 2.4 In Singapore, the Central Depository (Pte) Limited (&ldquo CDP&rdquo ) mitigates short selling&rsquo s potentially disruptive effects on the settlement system, by purchasing securities on behalf of sellers who do not possess securities for delivery on settlement day (commonly referred to as the &ldquo buying-in&rdquo process). Where CDP carries out buying-in, the cost of purchase and an additional penalty is charged to the seller who failed to deliver the securities. In addition, the Singapore Exchange Securities Trading Limited (&ldquo SGX-ST&rdquo ) conducts surveillance to detect market abuse. 2.5 These measures help mitigate some of the potential negative effects of short selling and ensure that markets continue to function in an orderly and efficient manner. ahbui8      ( Date: 08-Mar-2024 13:28) Posted: Shortist borrowed shares to cover back. SGX daily shorted shares must be covered on the same day. Why shortist able to borrow so many shares to cover even as the daily shorted vol is always above 40% of daily total traded vol since Sep 23. Because Seatrium outstanding shares of 68B is really far too high! Therefore if one said 68B of shares getting shares consolidation is bad, that one must be a clown 😜

 

Guidelines on the Regulation of Short Selling 4 2 SHORT SELLING 2.1 Short selling is the sale of capital markets products that the seller does not own at the time of the sale. Short selling may either be &lsquo covered&rsquo or &lsquo uncovered&rsquo . In &lsquo covered&rsquo short selling, the seller has borrowed or made arrangements to borrow the capital markets products before the short sale is made. In &lsquo uncovered&rsquo short selling (also referred to as &lsquo naked&rsquo short selling), the seller is not in possession of the capital markets products at the time of the sale or has not made borrowing arrangements before the short sale is made. 2.2 Short selling allows for more efficient price discovery, increases market liquidity, and facilitates risk management and the development of hedging activities. However, when there is significant market uncertainty, short selling could result in increased market volatility, potentially leading to disorderly markets. Short selling may also be used as a tool in market abuse, for example where it is accompanied by false rumours designed to encourage others to sell. &lsquo Uncovered&rsquo short selling may also result in disruptions to the settlement process, when uncovered short sellers are unable to deliver the securities on settlement date. 2.3 Internationally, many securities markets have put in place measures to mitigate the potential negative effects of short selling, such as restricting the price of short sales or requiring short sellers to borrow securities before short selling them. 2.4 In Singapore, the Central Depository (Pte) Limited (&ldquo CDP&rdquo ) mitigates short selling&rsquo s potentially disruptive effects on the settlement system, by purchasing securities on behalf of sellers who do not possess securities for delivery on settlement day (commonly referred to as the &ldquo buying-in&rdquo process). Where CDP carries out buying-in, the cost of purchase and an additional penalty is charged to the seller who failed to deliver the securities. In addition, the Singapore Exchange Securities Trading Limited (&ldquo SGX-ST&rdquo ) conducts surveillance to detect market abuse. 2.5 These measures help mitigate some of the potential negative effects of short selling and ensure that markets continue to function in an orderly and efficient manner.

ahbui8      ( Date: 08-Mar-2024 13:28) Posted: Shortist borrowed shares to cover back. SGX daily shorted shares must be covered on the same day. Why shortist able to borrow so many shares to cover even as the daily shorted vol is always above 40% of daily total traded vol since Sep 23. Because Seatrium outstanding shares of 68B is really far too high! Therefore if one said 68B of shares getting shares consolidation is bad, that one must be a clown 😜 Eagle88      ( Date: 08-Mar-2024 12:34) Posted: This morning volume done only 92million, assuming need to cover back 183millions, need to buy back another 91millions this afternoon or later if still can hold or already covered back??? Sure got squeezing this afternoon.

 

Hmm.. for days or weeks, short sell volume have been high and everyday afternoon also need to cover back but why it had been dipping...what makes today different..hmm..

 

Shortist borrowed shares to cover back. SGX daily shorted shares must be covered on the same day. Why shortist able to borrow so many shares to cover even as the daily shorted vol is always above 40% of daily total traded vol since Sep 23. Because Seatrium outstanding shares of 68B is really far too high! Therefore if one said 68B of shares getting shares consolidation is bad, that one must be a clown 😜

Eagle88      ( Date: 08-Mar-2024 12:34) Posted: This morning volume done only 92million, assuming need to cover back 183millions, need to buy back another 91millions this afternoon or later if still can hold or already covered back??? Sure got squeezing this afternoon.  Eagle88      ( Date: 08-Mar-2024 12:29) Posted: SGX Listed Stocks Last Traded on 07-Mar Price Range on 07-Mar Total Volume (k) on 07-Mar Short Sell Volume (k) on 07-Mar Short Sell Volume % Short Sell Value SGD (k) on 07-Mar Average Short Sell Price   LENDLEASE GLOBAL COMMERCIAL REIT (SGX:JYEU)    SGD  0.575 0.570 - 0.575 1,671.6 1,373.6 82.2 787.5 0.573   HUTCHISON PORT HLDGS TRUST S$ (SGX:P7VU)    SGD  0.173 0.173 - 0.176 709.4 547.7 77.2 95.2 0.174   CITY DEVELOPMENTS (SGX:C09)    CD SGD  5.680 5.600 - 5.690 3,117.3 2,194.9 70.4 12,393.2 5.646   STARHUB (SGX:CC3)    SGD  1.140 1.140 - 1.160 729.8 400.3 54.9 460.1 1.149   RIVERSTONE HOLDINGS (SGX:AP4)    SGD  0.670 0.665 - 0.680 2,812.2 1,509.3 53.7 1,011.3 0.670   GENTING SINGAPORE (SGX:G13)    SGD  0.895 0.895 - 0.920 30,199.3 14,898.9 49.3 13,464.3 0.904   SEATRIUM (SGX:S51)    SGD  0.090 0.088 - 0.092 379,333.5 183,134.7 48.3 16,454.2 0.090 Average shorted at 900 yesterday with 183 million shares. What will be the price to buy back and at what volume ???

 

Not sure how many short sell this morning and also need to cover back !!!

seanpent      ( Date: 08-Mar-2024 12:59) Posted: sounds logical ... Eagle88      ( Date: 08-Mar-2024 12:55) Posted: If there are more buyers coming in at 910 and higher, every one will be rushing in to cover back !!!

 

sounds logical ...

Eagle88      ( Date: 08-Mar-2024 12:55) Posted: If there are more buyers coming in at 910 and higher, every one will be rushing in to cover back !!!  seanpent      ( Date: 08-Mar-2024 12:46) Posted: hmmm ..... the uncertainty and riskiness of shorting when volume low

 

If there are more buyers coming in at 910 and higher, every one will be rushing in to cover back !!! 

seanpent      ( Date: 08-Mar-2024 12:46) Posted: hmmm ..... the uncertainty and riskiness of shorting when volume low  Eagle88      ( Date: 08-Mar-2024 12:34) Posted: This morning volume done only 92million, assuming need to cover back 183millions, need to buy back another 91millions this afternoon or later if still can hold or already covered back??? Sure got squeezing this afternoon.

 

hmmm ..... the uncertainty and riskiness of shorting when volume low 

Eagle88      ( Date: 08-Mar-2024 12:34) Posted: This morning volume done only 92million, assuming need to cover back 183millions, need to buy back another 91millions this afternoon or later if still can hold or already covered back??? Sure got squeezing this afternoon.  Eagle88      ( Date: 08-Mar-2024 12:29) Posted: SGX Listed Stocks Last Traded on 07-Mar Price Range on 07-Mar Total Volume (k) on 07-Mar Short Sell Volume (k) on 07-Mar Short Sell Volume % Short Sell Value SGD (k) on 07-Mar Average Short Sell Price   LENDLEASE GLOBAL COMMERCIAL REIT (SGX:JYEU)    SGD  0.575 0.570 - 0.575 1,671.6 1,373.6 82.2 787.5 0.573   HUTCHISON PORT HLDGS TRUST S$ (SGX:P7VU)    SGD  0.173 0.173 - 0.176 709.4 547.7 77.2 95.2 0.174   CITY DEVELOPMENTS (SGX:C09)    CD SGD  5.680 5.600 - 5.690 3,117.3 2,194.9 70.4 12,393.2 5.646   STARHUB (SGX:CC3)    SGD  1.140 1.140 - 1.160 729.8 400.3 54.9 460.1 1.149   RIVERSTONE HOLDINGS (SGX:AP4)    SGD  0.670 0.665 - 0.680 2,812.2 1,509.3 53.7 1,011.3 0.670   GENTING SINGAPORE (SGX:G13)    SGD  0.895 0.895 - 0.920 30,199.3 14,898.9 49.3 13,464.3 0.904   SEATRIUM (SGX:S51)    SGD  0.090 0.088 - 0.092 379,333.5 183,134.7 48.3 16,454.2 0.090 Average shorted at 900 yesterday with 183 million shares. What will be the price to buy back and at what volume ???

 

This morning volume done only 92million, assuming need to cover back 183millions, need to buy back another 91millions this afternoon or later if still can hold or already covered back??? Sure got squeezing this afternoon. 

Eagle88      ( Date: 08-Mar-2024 12:29) Posted: SGX Listed Stocks Last Traded on 07-Mar Price Range on 07-Mar Total Volume (k) on 07-Mar Short Sell Volume (k) on 07-Mar Short Sell Volume % Short Sell Value SGD (k) on 07-Mar Average Short Sell Price   LENDLEASE GLOBAL COMMERCIAL REIT (SGX:JYEU)    SGD  0.575 0.570 - 0.575 1,671.6 1,373.6 82.2 787.5 0.573   HUTCHISON PORT HLDGS TRUST S$ (SGX:P7VU)    SGD  0.173 0.173 - 0.176 709.4 547.7 77.2 95.2 0.174   CITY DEVELOPMENTS (SGX:C09)    CD SGD  5.680 5.600 - 5.690 3,117.3 2,194.9 70.4 12,393.2 5.646   STARHUB (SGX:CC3)    SGD  1.140 1.140 - 1.160 729.8 400.3 54.9 460.1 1.149   RIVERSTONE HOLDINGS (SGX:AP4)    SGD  0.670 0.665 - 0.680 2,812.2 1,509.3 53.7 1,011.3 0.670   GENTING SINGAPORE (SGX:G13)    SGD  0.895 0.895 - 0.920 30,199.3 14,898.9 49.3 13,464.3 0.904   SEATRIUM (SGX:S51)    SGD  0.090 0.088 - 0.092 379,333.5 183,134.7 48.3 16,454.2 0.090 Average shorted at 900 yesterday with 183 million shares. What will be the price to buy back and at what volume ???  Eagle88      ( Date: 08-Mar-2024 12:22) Posted: Today very2 low volume, this morning very good support at 900, afternoon anything can happen if there' s squeezing happening. LOL

 

SGX Listed Stocks	Last Traded on 07-Mar	Price Range on 07-Mar	Total Volume (k) on 07-Mar	Short Sell Volume (k) on 07-Mar	Short Sell Volume %	Short Sell Value SGD (k) on 07-Mar	Average Short Sell Price
	LENDLEASE GLOBAL COMMERCIAL REIT (SGX:JYEU)	SGD  0.575	0.570 - 0.575	1,671.6	1,373.6	82.2	787.5	0.573
	HUTCHISON PORT HLDGS TRUST S$ (SGX:P7VU)	SGD  0.173	0.173 - 0.176	709.4	547.7	77.2	95.2	0.174
	CITY DEVELOPMENTS (SGX:C09)    CD	SGD  5.680	5.600 - 5.690	3,117.3	2,194.9	70.4	12,393.2	5.646
	STARHUB (SGX:CC3)	SGD  1.140	1.140 - 1.160	729.8	400.3	54.9	460.1	1.149
	RIVERSTONE HOLDINGS (SGX:AP4)	SGD  0.670	0.665 - 0.680	2,812.2	1,509.3	53.7	1,011.3	0.670
	GENTING SINGAPORE (SGX:G13)	SGD  0.895	0.895 - 0.920	30,199.3	14,898.9	49.3	13,464.3	0.904
	SEATRIUM (SGX:S51)	SGD  0.090	0.088 - 0.092	379,333.5	183,134.7	48.3	16,454.2	0.090

Average shorted at 900 yesterday with 183 million shares. What will be the price to buy back and at what volume ??? 

Eagle88      ( Date: 08-Mar-2024 12:22) Posted: Today very2 low volume, this morning very good support at 900, afternoon anything can happen if there' s squeezing happening. LOL

 

Today very2 low volume, this morning very good support at 900, afternoon anything can happen if there' s squeezing happening. LOL

 

well said 

eugesun      ( Date: 08-Mar-2024 09:46) Posted: Yes, all just to make money only...all huat ahhh...in long term hold long win, in short term BB win... ahbui8      ( Date: 07-Mar-2024 13:37) Posted: Why blame short? 😂 these shortist really got it right therefore they are rewarded. Blame the management better, restructuring plan need take a year to complete 🤦 🏻 &zwj ♂ ️ now a big risk, Seatrium is having a group of incompetent management esp the CEO! Let see the restructuring plan on 15th March, if it is just a wayang one, shortist will handam again

 

this morning very funny .... heard someone said the ... for the sea has spoken ... there was auguish over the report .... time to cross over to the other side 
the blockage will be brought low 🤔
dyodd

 

Yes, all just to make money only...all huat ahhh...in long term hold long win, in short term BB win...

ahbui8      ( Date: 07-Mar-2024 13:37) Posted: Why blame short? 😂 these shortist really got it right therefore they are rewarded. Blame the management better, restructuring plan need take a year to complete 🤦 🏻 &zwj ♂ ️ now a big risk, Seatrium is having a group of incompetent management esp the CEO! Let see the restructuring plan on 15th March, if it is just a wayang one, shortist will handam again

 

Good...cannot wait there to be slaugther

Eagle88      ( Date: 07-Mar-2024 17:29) Posted: Have to do some trading now as price fluctuates between 890 and 910. Price goes up, take profit and buy back at lower price. Or just loaded more at 880/890 when price goes down and relax while waiting for Investor' s Day. LOL Eagle88      ( Date: 07-Mar-2024 16:08) Posted: Cant get 880/890. Added at 900.

 

Have to do some trading now as price fluctuates between 890 and 910. Price goes up, take profit and buy back at lower price. Or just loaded more at 880/890 when price goes down and relax while waiting for Investor' s Day. LOL

Eagle88      ( Date: 07-Mar-2024 16:08) Posted: Cant get 880/890. Added at 900.  Eagle88      ( Date: 07-Mar-2024 14:56) Posted: Best time to buy up cheap2 at 880/890 in oil tankers.