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Sembmarine

SMM shares now given freely to SCI holders. Poor SMM holders.................

 

Qn is will there be another rights issue to buy Keppel FELS after TH has 51% of Keppel Corp.

 

sounds nice! after october?

danger      ( Date: 09-Jun-2020 10:03) Posted: Keppel-sembmarine offshore CandyCrusher      ( Date: 09-Jun-2020 10:00) Posted: On the side note, will Sembmarine rename themselves after the demerger? Technically cannot carry the semb name anymore ma

 

those big holding on tis bugger, need lots of monet fr the subription of rights....so be careful.....

 

short short short.

 

Keppel-sembmarine offshore

CandyCrusher      ( Date: 09-Jun-2020 10:00) Posted: On the side note, will Sembmarine rename themselves after the demerger? Technically cannot carry the semb name anymore ma

 

On the side note, will Sembmarine rename themselves after the demerger? Technically cannot carry the semb name anymore ma

 

You are correct.

Actually also no need to think too much.
You look at SCI vs SCM price now? 
Which stock is selling like hotcakes mean BB already done their Home work liao.

Small fish like me , i will buy hot cake and eat it while hot... the rest can wait.

ICXGOLD      ( Date: 09-Jun-2020 09:52) Posted: 20% return BUT if you put the same $30,000 into Sembcorp industries (U96) $30000 will get you 15000 shares which inturn gives you upto 74,550 Sembcorp marine shares free. 74550 × 0.30 = $22,365 ( dividend / free ) the 15000 shares whatever you sell is additional profit. Even if you exist SCI at pre announcement price of 1.53 ( $22,950) your profit = $15315 = 50% TraderBen      ( Date: 09-Jun-2020 09:00) Posted: If buy 20000 shares at 50 cents , means can get 100000 rights. So total capital will be $30000/120000shares. Avg cost will be 0.25 quite a good deal isn?t it?

 

frankly say, hard to see a counter that survives after the rights issue. It was but rare. 

 

20cents per Right and current price worth 54cents. 

Meaning if you have the right will get the profit of 34cents. What if the price drop below 20cents ?

 

miss the $ 0.485. will wait for a while

 

correct, if not TM wont de merge too .... TM also scare liao

TA_Expert      ( Date: 09-Jun-2020 09:49) Posted: I wonder why people still buy SMM after its dismay performance over the years instead of buying SCI. The market has been talking about ways which Temasek / SCI will cut of SMM for quite some time. It is already brewing for months. All old time SMM holders are all wiped out while holders of SCI cheer. SMM is a drag to SCI. That' w why SCI must cut off SMM evetually in order to boost up its shareholder value. Trader1987      ( Date: 09-Jun-2020 09:37) Posted: I average down from my $0.85 😅 😅 And more chance to do so come rights issu

 

20% return BUT if you put the same $30,000 into Sembcorp industries (U96) $30000 will get you 15000 shares which inturn gives you upto 74,550 Sembcorp marine shares free. 74550 × 0.30 = $22,365 ( dividend / free ) the 15000 shares whatever you sell is additional profit. Even if you exist SCI at pre announcement price of 1.53 ( $22,950) your profit = $15315 = 50%

TraderBen      ( Date: 09-Jun-2020 09:00) Posted: If buy 20000 shares at 50 cents , means can get 100000 rights. So total capital will be $30000/120000shares. Avg cost will be 0.25 quite a good deal isn?t it?

 

ok lol , this counter is pump and dump till further changes ..
why would you chase the pump ? ..hmm trading style so similar from past..
but things may change after the rights issue for the better or worse ? now is the tricky part unlike before which is straightforward..

Trader1987      ( Date: 09-Jun-2020 09:37) Posted: I average down from my $0.85 😅 😅 And more chance to do so come rights issue puppey      ( Date: 09-Jun-2020 09:28) Posted: im not the rush type of ppl , will wait for these few days closing .. you went in big , pretty confident , gd luck those who went in today...:

 

I wonder why people still buy SMM after its dismay performance over the years instead of buying SCI.

The market has been talking about ways which Temasek / SCI will cut of SMM for quite some time. It is already brewing for months.

All old time SMM holders are all wiped out while holders of SCI cheer. SMM is a drag to SCI. That' w why SCI must cut off SMM evetually in order to boost up its shareholder value.

Trader1987      ( Date: 09-Jun-2020 09:37) Posted: I average down from my $0.85 😅 😅 And more chance to do so come rights issue puppey      ( Date: 09-Jun-2020 09:28) Posted: im not the rush type of ppl , will wait for these few days closing .. you went in big , pretty confident , gd luck those who went in today...:

 

Different entity and also got the blessings of Agong. Mostly won't fail. At least won't end up like Hyflux
with which its bond holders like in no man land and its shareholders cries no tear and debtor banks have treated their loans as non recovering or bad loan. All these people no place to appeal. At least this stock is much more transparent.

halleluyah      ( Date: 09-Jun-2020 09:40) Posted: wondering can it be like noble n ezra fate boh???

 

God bless for all who bought at 0.85. Before rights should linger at 0.575. Take care. Almost fall into this trap. So evil!

 

Subcribing for rights is only worth for people that enter into SM under $0.50 Eg $0.50 + (5 x 0.20 ) = $1.5 / 6 = $0.25 and terp is $0.30 so potential upside $0.05 = 20% But its much more profitable to put the same money into SCi ( U96) where the return is around 45%

Dorminque05      ( Date: 09-Jun-2020 08:43) Posted: Please advice will you guys buy the rights issue. Sell it or do nothing

 

Temasek pick cheap durian

 

wondering can it be like noble n ezra fate boh???