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SEMBMARINE - A NEW CHAPTER - DEMERGED

Why did I follow SM?
This is reminiscent of Olam. I was vested when it was in ICU. I saw Temasek came in big time and true enough it was resuscitated.

SM is unlike Hyflux. Temasek was early investor and was never ubiquitous in Hyflux in its twilight era. On the other hand, SM threw in lifelines for SM. I was vested a bit at about 12/13 but small lots. I saw that and hugely subscribed the excess and bought huge lorry loads at 80/82 range to bring down to 85.

SM will not only survive but do it a Olam 2.0 because the savior is Temasek and the macro is robust for SM.

 

Sigh.

ckmpd1      ( Date: 18-Mar-2022 10:02) Posted: I see SCM is financially insolvent.  If it needs more fundings, the most logically way is to have RI  simpleguy123      ( Date: 18-Mar-2022 09:56) Posted: Well said. Hyflux revisited.....i remember some SG retail asking if SG Government can bail out Hyflux with Singaporean Tax Money. That "idea" really made me roll my eyes 😂 , the only protest we will see is people protesting against this idea of their taxes being used to bail out another fellow singaporean. Remember pragmatism. 🤭 😎

 

I see SCM is financially insolvent.  If it needs more fundings, the most logically way is to have RI 

simpleguy123      ( Date: 18-Mar-2022 09:56) Posted: Well said. Hyflux revisited.....i remember some SG retail asking if SG Government can bail out Hyflux with Singaporean Tax Money. That "idea" really made me roll my eyes 😂 , the only protest we will see is people protesting against this idea of their taxes being used to bail out another fellow singaporean. Remember pragmatism. 🤭 😎 ckmpd1      ( Date: 18-Mar-2022 09:22) Posted: Wise words.  All of us wish TH, KC and SCM the best.  But wishes must not be blindless and must be based on knowledge, facts and substance.  TH and KC are generally well managed.  They are not charitable organisations.  Generally they manage public money and shareholders funds.  They are paid to do a good job.  TH and KC mgmts cant just throw good money on a bad company.  Any SCM SHs who wish that TH and KC can just blindly be charitable and dish out money to SCM and its SHs are not realistic

 

Yes.  Govt must not use public money to bail out public listed companies.  If such companies need to be bailed out, get their shareholders to do it.  If SCM needs money, the shareholders must fork out.  That is basic fundamental

simpleguy123      ( Date: 18-Mar-2022 09:56) Posted: Well said. Hyflux revisited.....i remember some SG retail asking if SG Government can bail out Hyflux with Singaporean Tax Money. That "idea" really made me roll my eyes 😂 , the only protest we will see is people protesting against this idea of their taxes being used to bail out another fellow singaporean. Remember pragmatism. 🤭 😎 ckmpd1      ( Date: 18-Mar-2022 09:22) Posted: Wise words.  All of us wish TH, KC and SCM the best.  But wishes must not be blindless and must be based on knowledge, facts and substance.  TH and KC are generally well managed.  They are not charitable organisations.  Generally they manage public money and shareholders funds.  They are paid to do a good job.  TH and KC mgmts cant just throw good money on a bad company.  Any SCM SHs who wish that TH and KC can just blindly be charitable and dish out money to SCM and its SHs are not realistic

 

Well said. Hyflux revisited.....i remember some SG retail asking if SG Government can bail out Hyflux with Singaporean Tax Money. That "idea" really made me roll my eyes 😂 , the only protest we will see is people protesting against this idea of their taxes being used to bail out another fellow singaporean. Remember pragmatism. 🤭 😎

ckmpd1      ( Date: 18-Mar-2022 09:22) Posted: Wise words.  All of us wish TH, KC and SCM the best.  But wishes must not be blindless and must be based on knowledge, facts and substance.  TH and KC are generally well managed.  They are not charitable organisations.  Generally they manage public money and shareholders funds.  They are paid to do a good job.  TH and KC mgmts cant just throw good money on a bad company.  Any SCM SHs who wish that TH and KC can just blindly be charitable and dish out money to SCM and its SHs are not realistic. simpleguy123      ( Date: 18-Mar-2022 09:17) Posted: Thank you ckmpd1 bro. I can assure you that these people may learn "the hard way". Of course i hope they manage to see glorious days again. Who wishes the worse? But with that said if Singaporeans think they can "rise up" and "make noise" just because they lost money in trading, the SAF thought me four words: "Lan Lan Suck Thumb". This isn't the USA. Plus as i mentioned most Singaporeans are generally pragmatic(realistic) in decision making, most won't "fight" but instead will settle for pennies (settlement) as long as it puts food on the table for one day. Tomorrow then worry about itself

 

Wise words.  All of us wish TH, KC and SCM the best.  But wishes must not be blindless and must be based on knowledge, facts and substance.  TH and KC are generally well managed.  They are not charitable organisations.  Generally they manage public money and shareholders funds.  They are paid to do a good job.  TH and KC mgmts cant just throw good money on a bad company.  Any SCM SHs who wish that TH and KC can just blindly be charitable and dish out money to SCM and its SHs are not realistic.

simpleguy123      ( Date: 18-Mar-2022 09:17) Posted: Thank you ckmpd1 bro. I can assure you that these people may learn "the hard way". Of course i hope they manage to see glorious days again. Who wishes the worse? But with that said if Singaporeans think they can "rise up" and "make noise" just because they lost money in trading, the SAF thought me four words: "Lan Lan Suck Thumb". This isn't the USA. Plus as i mentioned most Singaporeans are generally pragmatic(realistic) in decision making, most won't "fight" but instead will settle for pennies (settlement) as long as it puts food on the table for one day. Tomorrow then worry about itself. ckmpd1      ( Date: 18-Mar-2022 09:02) Posted: Agree.  But there are many losers here who were caught with SCM at 50c, 40c, 30 still hoping for the glorious days of SCM at $5.  They are angry and will scold others who speak the trut

 

Thank you ckmpd1 bro. I can assure you that these people may learn "the hard way". Of course i hope they manage to see glorious days again. Who wishes the worse? But with that said if Singaporeans think they can "rise up" and "make noise" just because they lost money in trading, the SAF thought me four words: "Lan Lan Suck Thumb". This isn't the USA. Plus as i mentioned most Singaporeans are generally pragmatic(realistic) in decision making, most won't "fight" but instead will settle for pennies (settlement) as long as it puts food on the table for one day. Tomorrow then worry about itself.

ckmpd1      ( Date: 18-Mar-2022 09:02) Posted: Agree.  But there are many losers here who were caught with SCM at 50c, 40c, 30 still hoping for the glorious days of SCM at $5.  They are angry and will scold others who speak the truth simpleguy123      ( Date: 18-Mar-2022 08:30) Posted: Perfectly summed up. I think there are lots of bag hodlers in this stock. Because singaporeans are generally realistic and pragmatic: "If i lose then lose lor. I just take it as i was screwed, and move on" I used to make myself feel better, thinking that "TH must save face blah blah blah...". I realized that TH won't give a damn about what the people think(positive/negative) of them, and that was me providing myself with false assurances lol

 

You are wise and analytical.  There are few like you here.

Many forumners in SJ are impulsive and arrogant

simpleguy123      ( Date: 18-Mar-2022 09:06) Posted: Thank you for your kind words. I just feel the need (and i caution) to do real research and not base alot of things on what i feel (my idea of a perfect logical world) will happen. Of course TH needs to win, but let us not forget they are an investor (as an entity). And an average investor has a portfolio, plus each investor has a very different view of what is a "win" and what is a "loss". So TH view of a"win" in Sembcorp Marine might be different from an average retailer. SteveJobless      ( Date: 18-Mar-2022 08:36) Posted: Your wisdom in understanding TH is an asset and is highly commendable. If there are more like you, less people will get caught senselessly.

 

SCM has more likelihood of downside than upside.  Any wise investor will carefully avoid gambling on such a counter.  There are so many more better stocks to invest in. Why choose SCM?  No reason to risk good money on bad company

TigerPlay      ( Date: 18-Mar-2022 08:54) Posted: Of course this is only my prediction and view, SCM if dun die, could 1 day turn around and price keep going up beyond 10cts, even 20cts is a possibility. Dun forget this stock is once over $2 when it is well managed and buz is good. But for now, at this state of losing millions every month and bleeding, on the road to recovery dun seem to fit...some buz if dun manage well and failed to recover, possible to just disappear into thin air. SCM could be gone by now if not for TH support and SH come out to pay for the  2 rights....knowing that TH and die-hard SH will support, coming out with the 3rd right is a high possibility. Who know, maybe is in their blueprint oredy, we never know for sure.

 

Thank you for your kind words. I just feel the need (and i caution) to do real research and not base alot of things on what i feel (my idea of a perfect logical world) will happen. Of course TH needs to win, but let us not forget they are an investor (as an entity). And an average investor has a portfolio, plus each investor has a very different view of what is a "win" and what is a "loss". So TH view of a"win" in Sembcorp Marine might be different from an average retailer.

SteveJobless      ( Date: 18-Mar-2022 08:36) Posted: Your wisdom in understanding TH is an asset and is highly commendable. If there are more like you, less people will get caught senselessly.  simpleguy123      ( Date: 18-Mar-2022 08:30) Posted: Perfectly summed up. I think there are lots of bag hodlers in this stock. Because singaporeans are generally realistic and pragmatic: "If i lose then lose lor. I just take it as i was screwed, and move on" I used to make myself feel better, thinking that "TH must save face blah blah blah...". I realized that TH won't give a damn about what the people think(positive/negative) of them, and that was me providing myself with false assurances lol

 

Agree

SteveJobless      ( Date: 18-Mar-2022 08:36) Posted: Your wisdom in understanding TH is an asset and is highly commendable. If there are more like you, less people will get caught senselessly.  simpleguy123      ( Date: 18-Mar-2022 08:30) Posted: Perfectly summed up. I think there are lots of bag hodlers in this stock. Because singaporeans are generally realistic and pragmatic: "If i lose then lose lor. I just take it as i was screwed, and move on" I used to make myself feel better, thinking that "TH must save face blah blah blah...". I realized that TH won't give a damn about what the people think(positive/negative) of them, and that was me providing myself with false assurances lol

 

A merger may eventually happen but the terms may or may not favour SCM.

Those who think that SCM will magically rise to 40c because of merger are not realistic

SteveJobless      ( Date: 18-Mar-2022 08:30) Posted: Besides the merger, what else could they talk about, when there is no new contract at all! TigerPlay      ( Date: 18-Mar-2022 08:21) Posted: Dun forget we kenna play badly by this trick of merger during the 2nd right period. Everyone was thinking merger coming and good news, then suddenly instead of merger, they announced the 8 cts right, which effective very soon while the merger is still pending till today, U forget liaow hor, this trick....now all talking about possible merger, we dun know if they play this trick again and come out with the 3rd right instead of merger....really all hidden behind their sleevessssss.....the thing is this counter start falling from 23 cts to 19.4 cts and kenna HOLD or something, then comes the right and the big fall....why BB start dumping a day or 2 before the suspension and announcement of right, my guess is they knew about it way way b4 us the small SH lar....so now the play is on merger again, then it shot pass 9cts (but die-hard supporter may say is because now is on the recovery path), now is back to 8.5cts and slowly climbing back to 9cts, be wary if this goes up to 10cts....BB maybe pumping to get rid at higher price then they run, like previously hor. Of course, just prediction, I got no proof, how to get proof? only got the pattern to prove lor

 

Agree.  But there are many losers here who were caught with SCM at 50c, 40c, 30 still hoping for the glorious days of SCM at $5.  They are angry and will scold others who speak the truth

simpleguy123      ( Date: 18-Mar-2022 08:30) Posted: Perfectly summed up. I think there are lots of bag hodlers in this stock. Because singaporeans are generally realistic and pragmatic: "If i lose then lose lor. I just take it as i was screwed, and move on" I used to make myself feel better, thinking that "TH must save face blah blah blah...". I realized that TH won't give a damn about what the people think(positive/negative) of them, and that was me providing myself with false assurances lol. TigerPlay      ( Date: 18-Mar-2022 08:21) Posted: Dun forget we kenna play badly by this trick of merger during the 2nd right period. Everyone was thinking merger coming and good news, then suddenly instead of merger, they announced the 8 cts right, which effective very soon while the merger is still pending till today, U forget liaow hor, this trick....now all talking about possible merger, we dun know if they play this trick again and come out with the 3rd right instead of merger....really all hidden behind their sleevessssss.....the thing is this counter start falling from 23 cts to 19.4 cts and kenna HOLD or something, then comes the right and the big fall....why BB start dumping a day or 2 before the suspension and announcement of right, my guess is they knew about it way way b4 us the small SH lar....so now the play is on merger again, then it shot pass 9cts (but die-hard supporter may say is because now is on the recovery path), now is back to 8.5cts and slowly climbing back to 9cts, be wary if this goes up to 10cts....BB maybe pumping to get rid at higher price then they run, like previously hor. Of course, just prediction, I got no proof, how to get proof? only got the pattern to prove lor

 

Well said.  Very analytical.  Hope that those who got played out in 2020 and 2021 wise up.  Hope of SCM going to 14c, 20c, 40c is just hope for now.  Time will tell

TigerPlay      ( Date: 18-Mar-2022 08:21) Posted: Dun forget we kenna play badly by this trick of merger during the 2nd right period. Everyone was thinking merger coming and good news, then suddenly instead of merger, they announced the 8 cts right, which effective very soon while the merger is still pending till today, U forget liaow hor, this trick....now all talking about possible merger, we dun know if they play this trick again and come out with the 3rd right instead of merger....really all hidden behind their sleevessssss.....the thing is this counter start falling from 23 cts to 19.4 cts and kenna HOLD or something, then comes the right and the big fall....why BB start dumping a day or 2 before the suspension and announcement of right, my guess is they knew about it way way b4 us the small SH lar....so now the play is on merger again, then it shot pass 9cts (but die-hard supporter may say is because now is on the recovery path), now is back to 8.5cts and slowly climbing back to 9cts, be wary if this goes up to 10cts....BB maybe pumping to get rid at higher price then they run, like previously hor. Of course, just prediction, I got no proof, how to get proof? only got the pattern to prove lor. ckmpd1      ( Date: 17-Mar-2022 17:53) Posted: Let us hope there is last minute agreement to the KOM/SCM merger.  It is good for Singapore' s O& G industry

 

Of course this is only my prediction and view, SCM if dun die, could 1 day turn around and price keep going up beyond 10cts, even 20cts is a possibility. Dun forget this stock is once over $2 when it is well managed and buz is good. But for now, at this state of losing millions every month and bleeding, on the road to recovery dun seem to fit...some buz if dun manage well and failed to recover, possible to just disappear into thin air. SCM could be gone by now if not for TH support and SH come out to pay for the  2 rights....knowing that TH and die-hard SH will support, coming out with the 3rd right is a high possibility. Who know, maybe is in their blueprint oredy, we never know for sure.
 

 

Your wisdom in understanding TH is an asset and is highly commendable. If there are more like you, less people will get caught senselessly. 

simpleguy123      ( Date: 18-Mar-2022 08:30) Posted: Perfectly summed up. I think there are lots of bag hodlers in this stock. Because singaporeans are generally realistic and pragmatic: "If i lose then lose lor. I just take it as i was screwed, and move on" I used to make myself feel better, thinking that "TH must save face blah blah blah...". I realized that TH won't give a damn about what the people think(positive/negative) of them, and that was me providing myself with false assurances lol. TigerPlay      ( Date: 18-Mar-2022 08:21) Posted: Dun forget we kenna play badly by this trick of merger during the 2nd right period. Everyone was thinking merger coming and good news, then suddenly instead of merger, they announced the 8 cts right, which effective very soon while the merger is still pending till today, U forget liaow hor, this trick....now all talking about possible merger, we dun know if they play this trick again and come out with the 3rd right instead of merger....really all hidden behind their sleevessssss.....the thing is this counter start falling from 23 cts to 19.4 cts and kenna HOLD or something, then comes the right and the big fall....why BB start dumping a day or 2 before the suspension and announcement of right, my guess is they knew about it way way b4 us the small SH lar....so now the play is on merger again, then it shot pass 9cts (but die-hard supporter may say is because now is on the recovery path), now is back to 8.5cts and slowly climbing back to 9cts, be wary if this goes up to 10cts....BB maybe pumping to get rid at higher price then they run, like previously hor. Of course, just prediction, I got no proof, how to get proof? only got the pattern to prove lor

 

Besides the merger, what else could they talk about, when there is no new contract at all!

TigerPlay      ( Date: 18-Mar-2022 08:21) Posted: Dun forget we kenna play badly by this trick of merger during the 2nd right period. Everyone was thinking merger coming and good news, then suddenly instead of merger, they announced the 8 cts right, which effective very soon while the merger is still pending till today, U forget liaow hor, this trick....now all talking about possible merger, we dun know if they play this trick again and come out with the 3rd right instead of merger....really all hidden behind their sleevessssss.....the thing is this counter start falling from 23 cts to 19.4 cts and kenna HOLD or something, then comes the right and the big fall....why BB start dumping a day or 2 before the suspension and announcement of right, my guess is they knew about it way way b4 us the small SH lar....so now the play is on merger again, then it shot pass 9cts (but die-hard supporter may say is because now is on the recovery path), now is back to 8.5cts and slowly climbing back to 9cts, be wary if this goes up to 10cts....BB maybe pumping to get rid at higher price then they run, like previously hor. Of course, just prediction, I got no proof, how to get proof? only got the pattern to prove lor. ckmpd1      ( Date: 17-Mar-2022 17:53) Posted: Let us hope there is last minute agreement to the KOM/SCM merger.  It is good for Singapore' s O& G industry

 

Perfectly summed up. I think there are lots of bag hodlers in this stock. Because singaporeans are generally realistic and pragmatic: "If i lose then lose lor. I just take it as i was screwed, and move on"

I used to make myself feel better, thinking that "TH must save face blah blah blah...". I realized that TH won't give a damn about what the people think(positive/negative) of them, and that was me providing myself with false assurances lol.

TigerPlay      ( Date: 18-Mar-2022 08:21) Posted: Dun forget we kenna play badly by this trick of merger during the 2nd right period. Everyone was thinking merger coming and good news, then suddenly instead of merger, they announced the 8 cts right, which effective very soon while the merger is still pending till today, U forget liaow hor, this trick....now all talking about possible merger, we dun know if they play this trick again and come out with the 3rd right instead of merger....really all hidden behind their sleevessssss.....the thing is this counter start falling from 23 cts to 19.4 cts and kenna HOLD or something, then comes the right and the big fall....why BB start dumping a day or 2 before the suspension and announcement of right, my guess is they knew about it way way b4 us the small SH lar....so now the play is on merger again, then it shot pass 9cts (but die-hard supporter may say is because now is on the recovery path), now is back to 8.5cts and slowly climbing back to 9cts, be wary if this goes up to 10cts....BB maybe pumping to get rid at higher price then they run, like previously hor. Of course, just prediction, I got no proof, how to get proof? only got the pattern to prove lor. ckmpd1      ( Date: 17-Mar-2022 17:53) Posted: Let us hope there is last minute agreement to the KOM/SCM merger.  It is good for Singapore' s O& G industry

 

Dun forget we kenna play badly by this trick of merger during the 2nd right period. Everyone was thinking merger coming and good news, then suddenly instead of merger, they announced the 8 cts right, which effective very soon while the merger is still pending till today, U forget liaow hor, this trick....now all talking about possible merger, we dun know if they play this trick again and come out with the 3rd right instead of merger....really all hidden behind their sleevessssss.....the thing is this counter start falling from 23 cts to 19.4 cts and kenna HOLD or something, then comes the right and the big fall....why BB start dumping a day or 2 before the suspension and announcement of right, my guess is they knew about it way way b4 us the small SH lar....so now the play is on merger again, then it shot pass 9cts (but die-hard supporter may say is because now is on the recovery path), now is back to 8.5cts and slowly climbing back to 9cts, be wary if this goes up to 10cts....BB maybe pumping to get rid at higher price then they run, like previously hor.
Of course, just prediction, I got no proof, how to get proof? only got the pattern to prove lor.

ckmpd1      ( Date: 17-Mar-2022 17:53) Posted: Let us hope there is last minute agreement to the KOM/SCM merger.  It is good for Singapore' s O& G industry

 

Surely weekaykee was not referring to those who had bought SM at 8 cents!

ahbui8      ( Date: 17-Mar-2022 20:00) Posted: Cannot said as die hard supporter lah, every counter will have very stubborn ppl that don' t want to sell if in loss. As for current SM, I think many believe this share will not drop below the RI price of 8cts with TH as a 54% major shareholders.  weekaykee      ( Date: 17-Mar-2022 17:15) Posted: BBs knows that SCM has a die hard group of supporters who are easy to be played with and will never learn their lesson