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SEMBMARINE - A NEW CHAPTER - DEMERGED
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lailai
Elite |
22-Sep-2020 14:43
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Seems this chartist like hv migrated to elsewhere.  Don' t see his posting anymore. If what he mentioned about W5 ending at 146, is correct, shortists will soon start their pumping after their collections shd be full by now. Besides, RSI is way oversold, tme to reverse, if chart is of any use lah. Wow still dropping to 145 now. Super sian liao lah. ![]()
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ADS2200
Veteran |
22-Sep-2020 14:42
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obv is showing a negative sign. stark reduction from yesterday. institution funds are weighing in, you smell them from the market play. they know when is the time to haul in their trophy. when the fish has no more strength   |
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ADS2200
Veteran |
22-Sep-2020 14:35
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market is happened to be open loop. meaning there is no feedback china 2 largest economy has improved, commodity will be in shortage and next oil will come in  interest is cheap. more contracts. rerating of scm etc many of the peers are down while scm has stabilised its account - quick and current ratio is almost at 1 temasek certainly has unlocked value in both scm and sci. if one cannot see ... boh pian. go go go
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weekaykee
Master |
22-Sep-2020 14:32
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It cannot continue to drop at this rate. It will be at 5 cents within a month and that would indicating an impending bankruptcy which, SCM is still quite a distance away from. 
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ADS2200
Veteran |
22-Sep-2020 14:28
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should have done that awhile ago. now reaching the point of inflection.  it is oversold ... which is good the more you said they will want to prove you wrong by selling more my friend a pilot said when you are flying you cannot trust your emotion, you have to rely on the instrument to navigate. indicators are flashing  holding steady obv is showing sign of rebounding ...   
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dealingroom88
Member |
22-Sep-2020 14:25
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Hope so. Actually those who short should be more afraid compared to long as:
1. Counter may halt for corporate actions
2. Annoucement of new contracts
3. Positive vaccine news
4. High borrowing share borrowing cost of 12 percent
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naoshingo
Elite |
22-Sep-2020 14:22
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Haizz....I also no eyes see... But must TONG!! 
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Starwar88
Supreme |
22-Sep-2020 14:18
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According to SgYuan chart. Wave 5 selldown should end around 146. Let see. So far, been accurate as chart was posted on 11th Sep.
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dealingroom88
Member |
22-Sep-2020 14:16
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If sell now then next moment got short covering really hv to bang against the wall
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ADS2200
Veteran |
22-Sep-2020 14:15
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looking good. market is probably reaching the point of inflection. mine is free scm shares, not moving in too quickly, bought some. as it goes lower, increase a little. most of the indicators are flashing. waiting for the right moment ....  neither for or against shorting. without them who has the muscle to bring it down. law of diminishing returns and newton' s third law volume has reduced. compression pressure is building up....swee   |
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Starwar88
Supreme |
22-Sep-2020 13:43
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Maybe better to sell now and buy back at lower prices but No idea where is bottom. Low gets lower everyday. Way oversold.
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lailai
Elite |
22-Sep-2020 13:39
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At this rate of sinking, how to tahan not selling to the shorties. Sian lah.![]()
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Starwar88
Supreme |
22-Sep-2020 13:15
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Every bid selldown will increase volume by almost 10 million. If selling continues, easily hit 100 million end of the day. Not even a technical rebound in sight.
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FATABA
Supreme |
22-Sep-2020 12:51
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The vol for half day is only 35m .....is it drying up ......time will tell  dyodd |
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dealingroom88
Member |
22-Sep-2020 12:18
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We shd give this counter time to digest the share overhang while awaiting for TH next move | ||||
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zhixuen
Veteran |
22-Sep-2020 12:13
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keep sinking without a sign of bottom. The merger with KOM (keppel) will be getting brighter only after the Termasek bid/buy control of Keppel is came off. Estimate it is going to be required 4 years elapsed time.  | ||||
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Maller
Elite |
22-Sep-2020 11:57
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To be fair, think we already somehow mentioned that there will be selling pressure once sci shareholders got the smm shares. However, it shd rise in 1-2 weeks time once it is gone. Think good time to accumulate. Dyodd  | ||||
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naoshingo
Elite |
22-Sep-2020 11:21
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my SM shares all given by SCI....so I can wait...![]()
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tasking
Senior |
22-Sep-2020 11:18
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ban ban tan bro and stop fooling ourselves, SM price keep going south e day it distrubuted to SCI shareholders.. pray2 it will NOT go below 15c and so forth..if break 15 this counter no medicine liao..TH not first time lose $$ and also not first time write off bad debts
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naoshingo
Elite |
22-Sep-2020 11:06
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Consolation is that at least today DBS drop more than SM....Lol...![]() Things turning for the better I hope/./ |
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