Seatrium Ltd    Last:1.94    -0.02

The SEA of Hopes and ATRIUM of Surprises

In fact I saw a lot comment that this is a rising stock , price will go up ..... but if that is the case then why all people still queuing at a very low price to buy in while commenting that it will go up ?   Anyway is Friday today so all know how this stock price will go today . Anyway this stock pattern is like a slide... take a long time to climb up the stair but a moment to slide down... cheer. 

 

We won' t know how much short covering but we know 19m new shorts were created.   Anyway, entire market is red because US sneezed last night.

tonytony      ( Date: 23-Aug-2024 11:20) Posted: Looks more like short covering yesterday ?

 

Where?   Where?   Don' t threaten to jump again hor.

Chansenghoe1971      ( Date: 23-Aug-2024 08:20) Posted: 154/155 today Lai Lai Ong Lai Huat R!

 

Looks more like short covering yesterday ?

 

One guy use one-month data to declare uptrent for next 4 years.   U lagi better, one day data can declare downtrend.   Maybe we should ban the word trend.

Ramster      ( Date: 23-Aug-2024 10:34) Posted: Look like downtrend today

 

People made trillions on just one line during US downturn in 2022.   I made over half $m on SPX 4000c.   Go learn what that line is.   Don' t be too cocky and over-confident as you will miss important things.

freestyle123      ( Date: 23-Aug-2024 10:26) Posted: yup. in fact, stock or trading market is world biggest casino. instead buy big or small, buy up or short sell down. Funds are Casinos. BinderyT      ( Date: 23-Aug-2024 10:22) Posted: Essentially, you are saying " if don' t go down then will go up" .   Yes, smart boy.   Have a cookie

 

Look like downtrend today

 

yup. in fact, stock or trading market is world biggest casino.

instead buy big or small, buy up or short sell down.

Funds are Casinos.

BinderyT      ( Date: 23-Aug-2024 10:22) Posted: Essentially, you are saying " if don' t go down then will go up" .   Yes, smart boy.   Have a cookie. freestyle123      ( Date: 23-Aug-2024 09:54) Posted: you are very funny to look for price before right issue and dilution. Uptrend is from now after supported at 1.4-1.41.  if 1.4-1.41 broken, downtrend is continue. so long as above this level, this will be a turn around uptrend for next 2-4 years.

 

Essentially, you are saying " if don' t go down then will go up" .   Yes, smart boy.   Have a cookie.

freestyle123      ( Date: 23-Aug-2024 09:54) Posted: you are very funny to look for price before right issue and dilution. Uptrend is from now after supported at 1.4-1.41.  if 1.4-1.41 broken, downtrend is continue. so long as above this level, this will be a turn around uptrend for next 2-4 years.   BinderyT      ( Date: 22-Aug-2024 21:12) Posted: You see $65 in 2012?   $30 in 2018?   $10 in 2020?   $3 one year ago?   $2 six months ago?   I don' t want to be rude but claiming a stock is now in uptrend after losing over 95% of its value is rather unwise.   Let it unfold and see where it goes

 

simi daiji? tldr but u got some ideas? show ur chart la.

freestyle123      ( Date: 23-Aug-2024 10:06) Posted: you selectively draw the chart to support your own statement and agenda to state that this is a downtrend, the 1st support level is to 1.37-1.38 (lowest level), recent support level is 1.4-1.41. you should draw another line from this 2 level to form slope up line and become a convergence in your chart. the intersect point is at 1.5 which is where price at now.    If you are failed to study from both angles (downtrend looking and uptrend looking), you will be lost once price not following your so called " prediction" . Price, trend and chart are formed day by day by market sentiment, not by prediction. I bought 1.41 and will just wait for the price higher and higher. profit taking is expected, key is if the next down can be supported well above 1.41 and re-affirmed an uptrend, Again, this stock just turn profitable. The fundamental is turn around as compared to past 1-2 years which making loss but price was even higher than now.   2egg4kosong      ( Date: 22-Aug-2024 22:06) Posted: I cannot say for sure ... to me if can sell above 160 is very good liao. Use the RSI at 75 as gauge ... sell some for profit. Need to remember Ezion ... got Temasek also no use.

 

Lol!   Ok lor, whatever you say.   Another dunning kruger with too much free time.

freestyle123      ( Date: 23-Aug-2024 10:06) Posted: you selectively draw the chart to support your own statement and agenda to state that this is a downtrend, the 1st support level is to 1.37-1.38 (lowest level), recent support level is 1.4-1.41. you should draw another line from this 2 level to form slope up line and become a convergence in your chart. the intersect point is at 1.5 which is where price at now.    If you are failed to study from both angles (downtrend looking and uptrend looking), you will be lost once price not following your so called " prediction" . Price, trend and chart are formed day by day by market sentiment, not by prediction. I bought 1.41 and will just wait for the price higher and higher. profit taking is expected, key is if the next down can be supported well above 1.41 and re-affirmed an uptrend, Again, this stock just turn profitable. The fundamental is turn around as compared to past 1-2 years which making loss but price was even higher than now.   2egg4kosong      ( Date: 22-Aug-2024 22:06) Posted: I cannot say for sure ... to me if can sell above 160 is very good liao. Use the RSI at 75 as gauge ... sell some for profit. Need to remember Ezion ... got Temasek also no use.

 

you selectively draw the chart to support your own statement and agenda to state that this is a downtrend,

the 1st support level is to 1.37-1.38 (lowest level), recent support level is 1.4-1.41. you should draw another line from this 2 level to form slope up line and become a convergence in your chart. the intersect point is at 1.5 which is where price at now.   

If you are failed to study from both angles (downtrend looking and uptrend looking), you will be lost once price not following your so called " prediction" .

Price, trend and chart are formed day by day by market sentiment, not by prediction.

I bought 1.41 and will just wait for the price higher and higher. profit taking is expected, key is if the next down can be supported well above 1.41 and re-affirmed an uptrend,

Again, this stock just turn profitable. The fundamental is turn around as compared to past 1-2 years which making loss but price was even higher than now.
 

2egg4kosong      ( Date: 22-Aug-2024 22:06) Posted: I cannot say for sure ... to me if can sell above 160 is very good liao. Use the RSI at 75 as gauge ... sell some for profit. Need to remember Ezion ... got Temasek also no use.   BinderyT      ( Date: 22-Aug-2024 21:30) Posted: So take profit at 160 or 170?   Gimme a firm answer lah

 

唔 好 又 是 得 个 吉

 

you are very funny to look for price before right issue and dilution.

Uptrend is from now after supported at 1.4-1.41. 

if 1.4-1.41 broken, downtrend is continue. so long as above this level, this will be a turn around uptrend for next 2-4 years.

 

BinderyT      ( Date: 22-Aug-2024 21:12) Posted: You see $65 in 2012?   $30 in 2018?   $10 in 2020?   $3 one year ago?   $2 six months ago?   I don' t want to be rude but claiming a stock is now in uptrend after losing over 95% of its value is rather unwise.   Let it unfold and see where it goes. freestyle123      ( Date: 22-Aug-2024 19:27) Posted: Fundamental and chart analysis both show an uptrend. Wait till next quarter result for another profit recording? Do you still think you can buy 1.4-1.5??? Come on. Confirm what? Analyse, be firmed, enter position, set cut loss level. What to worry? Instead of cut loss to admit wrong analysis, choose to average down from high, still claim experience traders? Must be joking

 

154/155 today Lai Lai
Ong Lai Huat R!

 

Turn around already?

 

I agree, else I wouldn' t be putting money into this.   Over next one year, pretty confident that it will go back up to above $2.   Just that I' m not too sure if we have bottomed as some people here feels.

PL1968      ( Date: 23-Aug-2024 00:50) Posted: Thanks for clarification, I agree with you, past 10 years is very bad for this stock. But I believe 物 极 必 反 , now it is reversing to profitable after going through industry down cycle to extreme end. BinderyT      ( Date: 23-Aug-2024 00:26) Posted: Market cap in 2012 was $12b.   That is based on Sembcorp Marine.   Historical share price is publicly available and is likely computed based on 20x of Sembcorp Marine prior to the merger

 

Thanks for clarification, I agree with you, past 10 years is very bad for this stock. But I believe 物 极 必 反 , now it is reversing to profitable after going through industry down cycle to extreme end.

BinderyT      ( Date: 23-Aug-2024 00:26) Posted: Market cap in 2012 was $12b.   That is based on Sembcorp Marine.   Historical share price is publicly available and is likely computed based on 20x of Sembcorp Marine prior to the merger. PL1968      ( Date: 22-Aug-2024 23:41) Posted: Now Seatrium market value is about $5B. If you are right that it losing over 95% of value, means it was valued at $100B in 2012? I think your logic is wrong somewher

 

Semcorp Marine was $12b in 2012.   By 2023, it has dropped to 1/3 its value ($4b).   After merger, $8b and now, dropped to $5b.   Market cap destruction is 70%.   Factor in share dilution and you get your answer.   Anyway, the price history is publicly available and is probably based on 20x of Sembcorp Marine.

PL1968      ( Date: 22-Aug-2024 23:41) Posted: Now Seatrium market value is about $5B. If you are right that it losing over 95% of value, means it was valued at $100B in 2012? I think your logic is wrong somewhere BinderyT      ( Date: 22-Aug-2024 21:12) Posted: You see $65 in 2012?   $30 in 2018?   $10 in 2020?   $3 one year ago?   $2 six months ago?   I don' t want to be rude but claiming a stock is now in uptrend after losing over 95% of its value is rather unwise.   Let it unfold and see where it goes

 

When that person worships and plp tin kosong, of course he has kosong logic la......