Prior to the announcements of the rights issue, sembcorp marine was trading at about 0.50 a piece..
Everything else constant, the rights issue of 5 for every 1 share held, means 5x more shares in the market..
So..do you think .167 is expensive or cheap now?
Everything else constant, the rights issue of 5 for every 1 share held, means 5x more shares in the market..
So..do you think .167 is expensive or cheap now?
JY0064 ( Date: 11-Sep-2020 16:02) Posted:
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Maybe the work of shortists? 167 unlimited selling  ....  still got 1 more hour to go ... 166 like going to crack soon.
JY0064 ( Date: 11-Sep-2020 16:02) Posted:
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sgx web site information says that there are 3.26b shares issue and normalised diluted eps-0.04 
wonder how correct is the information?  the date display is 11 sep 2020 which is today.
wonder how correct is the information?  the date display is 11 sep 2020 which is today.
temasek and all the rest who subcribed to the rights of 20c is not having an easy time
temasek has to eat up more than 1.03 biilion rights shares for underwriting
temasek has to eat up more than 1.03 biilion rights shares for underwriting
too huge liao mkt float....
Integrity ( Date: 11-Sep-2020 16:04) Posted:
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The drop is crazy!
Anyone wonder why this massive selling at 167 is happening now ?
The sellers had the chance to sell at higher price but didn' t.
SMM not even worth 167?
The sellers had the chance to sell at higher price but didn' t.
SMM not even worth 167?
O&M or O&G will no longer be Pe dependent.
More dependent on Book value.
How many such players are making money now?
More dependent on Book value.
How many such players are making money now?
shadow11 ( Date: 11-Sep-2020 15:30) Posted:
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Shares buyback and put as treasury shares will reduced outstanding shares alot and positive for EPS
that will pump up assets as well 
that will pump up assets as well 
I think investor nowadays know how to count.
100millions net profit/12 billions float
X15pe is 0.125.
Well they deem smm can't even make a cent.
So they Dare Dare value it down
100millions net profit/12 billions float
X15pe is 0.125.
Well they deem smm can't even make a cent.
So they Dare Dare value it down
Same same for SCi when it was trading almost like bank shares once.
danger ( Date: 11-Sep-2020 14:50) Posted:
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Yeah no feeling as the main course is SCI
SCM when we don' t even need to pay transaction cost to own SCM shares .. so no heart pain
SCM when we don' t even need to pay transaction cost to own SCM shares .. so no heart pain
Margin call coming next week.....
Nope.
Long term Temasek needs to merge Keppel O&M division with SCM if the macro environment remains like this.
Privatisation May happen eventually.
It is a Long haul corporate board game.
Play within means.
Long term Temasek needs to merge Keppel O&M division with SCM if the macro environment remains like this.
Privatisation May happen eventually.
It is a Long haul corporate board game.
Play within means.
des_khor ( Date: 11-Sep-2020 14:55) Posted:
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May be 15ct coming .....10ct ???
OFF COMPLETELY
Panic button on ?
ALL THE OLD SCM SHAREHOLDERS ALREADY UP LORRY FROM $6+
why tis one selling like going to up lorry like tat
 
 
Shifu8888 ( Date: 11-Sep-2020 14:40) Posted:
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