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SEMBMARINE - A NEW CHAPTER - DEMERGED

 Post Reply 9361-9380 of 9396
 
Bry_2004
    11-Sep-2020 16:11  
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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?

JY0064      ( Date: 11-Sep-2020 16:02) Posted:

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?

 
 
rockman88
    11-Sep-2020 16:08  
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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:

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?

 
 
pasttime
    11-Sep-2020 16:07  
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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.
 

 
danger
    11-Sep-2020 16:07  
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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
 
 
halleluyah
    11-Sep-2020 16:06  
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too huge liao mkt float....

Integrity      ( Date: 11-Sep-2020 16:04) Posted:

The drop is crazy!

 
 
Integrity
    11-Sep-2020 16:04  
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The drop is crazy!
 

 
JY0064
    11-Sep-2020 16:02  
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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?
 
 
Shifu8888
    11-Sep-2020 15:53  
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O&M or O&G will no longer be Pe dependent.
More dependent on Book value.
How many such players are making money now?

shadow11      ( Date: 11-Sep-2020 15:30) Posted:

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

 
 
danger
    11-Sep-2020 15:38  
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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 
 
 
shadow11
    11-Sep-2020 15:30  
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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
 

 
Shifu8888
    11-Sep-2020 15:26  
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Same same for SCi when it was trading almost like bank shares once.

danger      ( Date: 11-Sep-2020 14:50) Posted:

ALL THE OLD SCM SHAREHOLDERS ALREADY UP LORRY FROM $6+

 
 
danger
    11-Sep-2020 14:58  
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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
 
 
halleluyah
    11-Sep-2020 14:58  
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Margin call coming next week.....
 
 
Shifu8888
    11-Sep-2020 14:56  
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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.

des_khor      ( Date: 11-Sep-2020 14:55) Posted:

Panic button on ?

 
 
halleluyah
    11-Sep-2020 14:56  
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May be 15ct coming .....10ct ???
 

 
danger
    11-Sep-2020 14:56  
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OFF COMPLETELY
 
 
des_khor
    11-Sep-2020 14:55  
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Panic button on ?
 
 
danger
    11-Sep-2020 14:50  
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ALL THE OLD SCM SHAREHOLDERS ALREADY UP LORRY FROM $6+
 
 
Battle123
    11-Sep-2020 14:45  
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why tis one selling like going to up lorry like tat

 
 
 
danger
    11-Sep-2020 14:44  
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yes

Shifu8888      ( Date: 11-Sep-2020 14:40) Posted:

No matter what, both of us converged there is little DANGER to go long. 🤝
I am in SCM and SCI.



danger      ( Date: 11-Sep-2020 14:37) Posted:

as prior to demerger SCM ' s book value is 94 cents if i am not wrong


 
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