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ADS2200 Veteran	21-Aug-2020 12:56        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	sgtrader17, that' s true. why i didn' t think of that? thanks for your advice
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SgTrader17 Elite	21-Aug-2020 12:47        SgTrader17 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not necessary to commit full $20,000 for 100,000 rights shares. If you want to take up, can also take 50,000 shares for $10,000. At least half the risks. If goes up, you take back some losses from the dilution. If goes down, you also end with smaller added losses on the taken up rights shares. I intend to subscribe for a portion of the 20 cents allocated. Not taking full, since the performance not even up to the expected 22 cents range. But who knows the future? Can go below 20 cents and also can go beyond 23 cents. See where BBs want to push. Cheap prices easy for BBs to push up / down. Dyodd. ADS2200      ( Date: 21-Aug-2020 10:09) Posted: smm ms and rts are disengaged or don' t co-relate in the trading. don' t make sense. just pulled out from the q maybe should focus more on the ms than the rts still trying to be careful, $20,000 still a lot of money
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ADS2200 Veteran	21-Aug-2020 11:11        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	hector, not fearful but careful. looking at the trade summary, there is a sizeable buying up. i am waiting for dust to settle then decide. likely next week will be clearer to decide.   Hector      ( Date: 21-Aug-2020 09:56) Posted: buy when people are fearful sell when people are hopeful
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ADS2200 Veteran	21-Aug-2020 10:09        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	smm ms and rts are disengaged or don' t co-relate in the trading. don' t make sense. just pulled out from the q maybe should focus more on the ms than the rts still trying to be careful, $20,000 still a lot of money
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Hector Veteran	21-Aug-2020 09:56        Hector About Contact  Quote this Post!
x 0   x 0  Alert Admin	buy when people are fearful sell when people are hopeful
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danger Supreme	21-Aug-2020 09:49        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	once rig orders start coming ... it will be boomtown danger      ( Date: 21-Aug-2020 09:41) Posted: OPEC member Kuwait intends to issue tenders for the purchase of 24 rigs to support plans to expand its oil and gas output capacity, a local newspaper said on Monday. The government-owned    Kuwait Oil Company (KOC), which manages the upstream sector in the Gulf country, will issue the tenders this week, the Arabic language daily Alanba said, citing a " responsible" oil source.   The source said    KOC  is planning to use these rigs in its ongoing projects to boost onshore oil and gas production, the report said. KOC announced it would order 24 OF HP750, HP550 and HP1000 rigs in September 2019 but the tender was postponed for internal reasons, the report added
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danger Supreme	21-Aug-2020 09:41        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	OPEC member Kuwait intends to issue tenders for the purchase of 24 rigs to support plans to expand its oil and gas output capacity, a local newspaper said on Monday. The government-owned    Kuwait Oil Company (KOC), which manages the upstream sector in the Gulf country, will issue the tenders this week, the Arabic language daily Alanba said, citing a " responsible" oil source.   The source said    KOC  is planning to use these rigs in its ongoing projects to boost onshore oil and gas production, the report said. KOC announced it would order 24 OF HP750, HP550 and HP1000 rigs in September 2019 but the tender was postponed for internal reasons, the report added
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weekaykee Master	21-Aug-2020 09:41        weekaykee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Please lah, you think TH is so stupid to allow SMM to bankrupt within a year? Sgvale      ( Date: 21-Aug-2020 07:44) Posted: If i am not wrong. SMM is on the path to join Linc Energy, Kris , Ezion before next year 7th month. SCI will be lower as it is holding SMM "bonus".
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ADS2200 Veteran	21-Aug-2020 09:34        ADS2200 About Contact  Quote this Post!
x 0   x 1  Alert Admin	josemmm123, left 4 more days to the trading of rights. bb is making the move to push the price to 0.001. waiting ... sci is also range bound. guess you are right, they are likely to manoeuvre using smm.  ADS2200      ( Date: 20-Aug-2020 22:56) Posted: josemmm123, after what you said i went over to SCI chat ... lots of fearmongering....so people will sell sci share they also mentioned after 11 sept crediting of scm share, sci price will drop significantly. thanks for your assessment. it makes more sense to me now
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ssw518 Elite	21-Aug-2020 07:59        ssw518 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think movement on SCI has a higher chance but SMM likely +/- 2-5 bid from after right sub conversion. one thing for sure BB stuck in SMM, if nothing fan out from TH in 3-6 mth, they will be eager to get out, anyway BB can push price to exist which is most of the case. not vested, future maybe SCI, SMM no plan no go, dyodd josemmm123      ( Date: 20-Aug-2020 22:05) Posted: To summarise my point, BBs may be selling SMM shares which they may have at hand or left hand to right hand tactics to manipulate SCI. SMM is cheaper so is the small pawn to manipulate the big one aka SCI :) Imagine the much much cheaper SMM can be used to influence share price of SCI, like a leverage. :) The tanking of SMM creates a fear among SCI shareholders and cause some SCI shareholders to sell (contra players for example).  Maybe not be the selldown we witnessed during the pre-EGM, definitely there are selling yesterday and today ... including me. I sold my SCI at 1.85 yesterday :) because i observe the downward trading pattern so I sold off yesterday. Bought back today :) because i think 1.80 quite a strong support.. so dun think will break 1.80.. SMM also wun break 20.5 cents.. very stubborn and stay at 20.5 to 21 cents. I would think both SCI and SMM will recover  nearer to  beginning of September :)     ADS2200      ( Date: 20-Aug-2020 21:37) Posted: josemmm123, trades show little selldown or short. unlike 11 & 13 aug. at this moment not many are selling sci share. seems to me 27 aug is more crucial cos last day for the trading of rights, while 2 sept is the last day for the payment of smm rights. thanks for the info :)   Price Trade Volume Bid Ask 1.800 22 152,200 152,200 0 1.810 467 2,050,600 1,471,600 324,800 1.820 667 1,625,300 671,000 954,300 1.830 276 1,051,100 559,900 443,500 1.840 80 506,600 366,900 139,700 1.850 30 35,600 15,800 4,700 TOTALS: 1,542 5,421,400 3,237,400 1,867,000
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Sgvale Supreme	21-Aug-2020 07:44        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	If i am not wrong. SMM is on the path to join Linc Energy, Kris , Ezion before next year 7th month. SCI will be lower as it is holding SMM "bonus".
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happyharvest Elite	21-Aug-2020 01:11        happyharvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	who is planning to give up subscribing to sembcorp marine rights?
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ADS2200 Veteran	20-Aug-2020 23:30        ADS2200 About Contact  Quote this Post!
x 0   x 2  Alert Admin	extracted from sci chat " To determine possible current market price for SCI after XE. You have to determine the industry P/B based on ulitity counters. From SGX data, Asia Pacific Utility Stocks median P/B ration is at 1.1. SCI after demerage NAV is 1.8 per share. This is based on P/B 1.0. If you believe that SCI without our SMM should trade closer to industry peers at 1.1x. SCI value should be worth 1.98  by itself.  With extra SMM given free to SCI holders at par value based on 427 SMM shares for every 100 SCI shares. That will be worth 0.85. Based on this 2.83. But just to be on the caution on my evaluation of SCI just based on 0.8 P/B = 1.44 (SCI) + 0.85 (SMM) = $2.29 I' m using possible valuation to determine the fair value of SCI. Of cos, you can be even more pessimistic on using a lower P/B for SCI"   price of sci will drop after crediting of scm share. come to think about it 427 scm is not free. if sci shareholders were to sell away thinking it is free. does it make sense ?
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ckmpd1 Supreme	20-Aug-2020 22:56        ckmpd1 About Contact  Quote this Post!
x 0   x 1  Alert Admin	Agree with you.  I have been saying SCI is oversold.  So can accumulate at present price.  SCI shd surge in sep josemmm123      ( Date: 20-Aug-2020 22:38) Posted: Yes.. SMM is the small little bait to lure SCI shareholders into selling... a 20+ cents counter can make a $2 counter drop.. is like using a worm to catch big fish I sacrifice a worm and I can catch a big fish. I sell my SMM and I can get big fish SCI for cheap :) Just my hunch... Maybe a well planned strategy by some BBs. they must have collected a large amount of SMM shares, large enough to push down the share price of SMM (bait)  to create fear and then all other SMM shareholders start selling their rights  and maybe the BBs are the one collecting the Cheap rights at 0.1 to 0.2 cents. Then after 1st September, push up SMM share price and in so doing automatically SCI share price will follow, dun even need to do anything to SCI, just push SMM , they can push SCI .. :) If I am not wrong, End of Aug, Early September, u will see the miracle rise in SMM share price back to 25 cents and then SCI automatically follow. :) Stay tuned. ckmpd1      ( Date: 20-Aug-2020 22:15) Posted: good analysis.  Let us hope SCI and SCM will rise soo
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ADS2200 Veteran	20-Aug-2020 22:56        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	josemmm123, after what you said i went over to SCI chat ... lots of fearmongering....so people will sell sci share they also mentioned after 11 sept crediting of scm share, sci price will drop significantly. thanks for your assessment. it makes more sense to me now
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josemmm123 Master	20-Aug-2020 22:38        josemmm123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes.. SMM is the small little bait to lure SCI shareholders into selling... a 20+ cents counter can make a $2 counter drop.. is like using a worm to catch big fish I sacrifice a worm and I can catch a big fish. I sell my SMM and I can get big fish SCI for cheap :) Just my hunch... Maybe a well planned strategy by some BBs. they must have collected a large amount of SMM shares, large enough to push down the share price of SMM (bait)  to create fear and then all other SMM shareholders start selling their rights  and maybe the BBs are the one collecting the Cheap rights at 0.1 to 0.2 cents. Then after 1st September, push up SMM share price and in so doing automatically SCI share price will follow, dun even need to do anything to SCI, just push SMM , they can push SCI .. :) If I am not wrong, End of Aug, Early September, u will see the miracle rise in SMM share price back to 25 cents and then SCI automatically follow. :) Stay tuned. ckmpd1      ( Date: 20-Aug-2020 22:15) Posted: good analysis.  Let us hope SCI and SCM will rise soon josemmm123      ( Date: 20-Aug-2020 22:05) Posted: To summarise my point, BBs may be selling SMM shares which they may have at hand or left hand to right hand tactics to manipulate SCI. SMM is cheaper so is the small pawn to manipulate the big one aka SCI :) Imagine the much much cheaper SMM can be used to influence share price of SCI, like a leverage. :) The tanking of SMM creates a fear among SCI shareholders and cause some SCI shareholders to sell (contra players for example).  Maybe not be the selldown we witnessed during the pre-EGM, definitely there are selling yesterday and today ... including me. I sold my SCI at 1.85 yesterday :) because i observe the downward trading pattern so I sold off yesterday. Bought back today :) because i think 1.80 quite a strong support.. so dun think will break 1.80.. SMM also wun break 20.5 cents.. very stubborn and stay at 20.5 to 21 cents. I would think both SCI and SMM will recover  nearer to  beginning of September :)
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ckmpd1 Supreme	20-Aug-2020 22:15        ckmpd1 About Contact  Quote this Post!
x 0   x 1  Alert Admin	good analysis.  Let us hope SCI and SCM will rise soon josemmm123      ( Date: 20-Aug-2020 22:05) Posted: To summarise my point, BBs may be selling SMM shares which they may have at hand or left hand to right hand tactics to manipulate SCI. SMM is cheaper so is the small pawn to manipulate the big one aka SCI :) Imagine the much much cheaper SMM can be used to influence share price of SCI, like a leverage. :) The tanking of SMM creates a fear among SCI shareholders and cause some SCI shareholders to sell (contra players for example).  Maybe not be the selldown we witnessed during the pre-EGM, definitely there are selling yesterday and today ... including me. I sold my SCI at 1.85 yesterday :) because i observe the downward trading pattern so I sold off yesterday. Bought back today :) because i think 1.80 quite a strong support.. so dun think will break 1.80.. SMM also wun break 20.5 cents.. very stubborn and stay at 20.5 to 21 cents. I would think both SCI and SMM will recover  nearer to  beginning of September :)     ADS2200      ( Date: 20-Aug-2020 21:37) Posted: josemmm123, trades show little selldown or short. unlike 11 & 13 aug. at this moment not many are selling sci share. seems to me 27 aug is more crucial cos last day for the trading of rights, while 2 sept is the last day for the payment of smm rights. thanks for the info :)   Price Trade Volume Bid Ask 1.800 22 152,200 152,200 0 1.810 467 2,050,600 1,471,600 324,800 1.820 667 1,625,300 671,000 954,300 1.830 276 1,051,100 559,900 443,500 1.840 80 506,600 366,900 139,700 1.850 30 35,600 15,800 4,700 TOTALS: 1,542 5,421,400 3,237,400 1,867,000
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josemmm123 Master	20-Aug-2020 22:05        josemmm123 About Contact  Quote this Post!
x 0   x 1  Alert Admin	To summarise my point, BBs may be selling SMM shares which they may have at hand or left hand to right hand tactics to manipulate SCI. SMM is cheaper so is the small pawn to manipulate the big one aka SCI :) Imagine the much much cheaper SMM can be used to influence share price of SCI, like a leverage. :) The tanking of SMM creates a fear among SCI shareholders and cause some SCI shareholders to sell (contra players for example).  Maybe not be the selldown we witnessed during the pre-EGM, definitely there are selling yesterday and today ... including me. I sold my SCI at 1.85 yesterday :) because i observe the downward trading pattern so I sold off yesterday. Bought back today :) because i think 1.80 quite a strong support.. so dun think will break 1.80.. SMM also wun break 20.5 cents.. very stubborn and stay at 20.5 to 21 cents. I would think both SCI and SMM will recover  nearer to  beginning of September :)     ADS2200      ( Date: 20-Aug-2020 21:37) Posted: josemmm123, trades show little selldown or short. unlike 11 & 13 aug. at this moment not many are selling sci share. seems to me 27 aug is more crucial cos last day for the trading of rights, while 2 sept is the last day for the payment of smm rights. thanks for the info :)   Price Trade Volume Bid Ask 1.800 22 152,200 152,200 0 1.810 467 2,050,600 1,471,600 324,800 1.820 667 1,625,300 671,000 954,300 1.830 276 1,051,100 559,900 443,500 1.840 80 506,600 366,900 139,700 1.850 30 35,600 15,800 4,700 TOTALS: 1,542 5,421,400 3,237,400 1,867,000
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ADS2200 Veteran	20-Aug-2020 21:52        ADS2200 About Contact  Quote this Post!
x 1   x 0  Alert Admin	chart_expert123, appreciate your info. thanks hope the world will recover soon. understand china is very much under control. mask is not mandatory unless in crowded areas. the worst is probably behind us  it is good temasek is bringing the coy back to core biz, instead of conglomerate everything rojak.    chart_expert123      ( Date: 20-Aug-2020 21:34) Posted: You don't really understand global and Singapore shipbuilding industry. What brought sembmar and keppel growth from 200X to 2015 are offshore drilling rigs and construction vessels. What you said seaborne trade are commercial vessels which are belong to hyundai, Samsung and China state owned or yangzijiang, Keppel and sembmar cannot compete with them in term of capacity, speed of construction and track record. Only oil price shoot more than 120 usd per barrels may trigger another round of offshore vessel construction for offshore oil exploration or else, keppel and sembmar only can survive with repair vessels passby singapore or some conversion project to change the function of the vessels. Why oil price was crashed since 2015 because of shale oil in USA and its cost of production only less than usd50 per barrels. So it is uncertain and sembmar may continue to bleed and temasek may has to dump in another round if 5 year later still Don't see improvement on offshore market. ADS2200      ( Date: 20-Aug-2020 18:25) Posted: well, sci certainly got back not just their loan $1.5b,  temasek have ownership into the coy. gearing will also reduce after the rights exercise.  my part is 100,000 rights about $20,000 or buy the mother share if it is lower than 20c well i have 5 more days to decide ... limited $$  read somewhere  " The global  shipbuilding market  is expected to grow in future due to increasing seaborne trade and economic growth, rising energy consumption, demand of eco-friendly ships and shipping services. ... The  shipbuilding market  is expected to grow at a slow but steady pace during the  forecast  period"
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ADS2200 Veteran	20-Aug-2020 21:37        ADS2200 About Contact  Quote this Post!
x 0   x 0  Alert Admin	josemmm123, trades show little selldown or short. unlike 11 & 13 aug. at this moment not many are selling sci share. seems to me 27 aug is more crucial cos last day for the trading of rights, while 2 sept is the last day for the payment of smm rights. thanks for the info :)   Price Trade Volume Bid Ask 1.800 22 152,200 152,200 0 1.810 467 2,050,600 1,471,600 324,800 1.820 667 1,625,300 671,000 954,300 1.830 276 1,051,100 559,900 443,500 1.840 80 506,600 366,900 139,700 1.850 30 35,600 15,800 4,700 TOTALS: 1,542 5,421,400 3,237,400 1,867,000
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