No matter what, both of us converged there is little DANGER to go long. 🤝
I am in SCM and SCI.
I am in SCM and SCI.
danger ( Date: 11-Sep-2020 14:37) Posted:
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as prior to demerger SCM ' s book value is 94 cents if i am not wrong
Yes but NTA you have to take away intangible assets. It will be around 32. This I am quite sure.
I am being conservative, as usual.
I am being conservative, as usual.
danger ( Date: 11-Sep-2020 14:32) Posted:
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the book value is much higher than 32cents .. sgx put SCM as 0.29x book value now .  only 1/3 of book value think 48 cents
You are right. Sorry for my mistake.
So this one is grossly below book of about $0.32.
It will move up after dust settles.
This is the normal case.
Now trading about half price.
So this one is grossly below book of about $0.32.
It will move up after dust settles.
This is the normal case.
Now trading about half price.
danger ( Date: 11-Sep-2020 14:21) Posted:
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OF COURSE MERGING WITH KEPPEL OFFSHORE TO CREATE A NEW GIANT WITH COMBINE NET ORDERBOOK OF MORE $6 BILLION CURRENTLY WILL BE BEST
HOPEFULLY GO BACK TO ITS HEYDAY ' s PRICE OF $6+ AGAIN....  

Thiamm ( Date: 11-Sep-2020 14:21) Posted:
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Among all penny stocks, this one has the most potential. To go long, I will pick SMM.
 
 
uiop1223 ( Date: 11-Sep-2020 14:18) Posted:
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rights about 10b+ .. with the orginal SCM shares about 2 billion so total 12 billion
Shifu8888 ( Date: 11-Sep-2020 14:17) Posted:
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Its now trading like penny stock
Total rights about 12b plus I think.
Main holder is Temasek.
Subscribe at 0.20.
Got a feel when dust settle, this will have to push above 20.
Therefore this is the basis for me to be Long for a while.
But horizon not as long as SCi.
Main holder is Temasek.
Subscribe at 0.20.
Got a feel when dust settle, this will have to push above 20.
Therefore this is the basis for me to be Long for a while.
But horizon not as long as SCi.
danger ( Date: 11-Sep-2020 14:04) Posted:
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only 1st day trading with so many rights shares .. sure got alot of peole selling
got to wait for selling to dry up
got to wait for selling to dry up
Support 0.17 bye bye ..
Sembcorp Marine and GE bag $5.3 billion contract to build giant wind farm in North Sea
The 593 sq km wind farm, located on Dogger Bank in the North Sea, represents about £ 3 billion (S$5.3 billion) in investment in the UK' s electricity infrastructure. It will provide clean electricity to almost 1.2 million homes in the UK, the marine arm of Sembcorp Industries said
Sembcorp Marine and its consortium partner have been picked by German utilities company RWE as the preferred suppliers of the electrical transmission system for one of the world' s biggest offshore wind farms located at the sea north-east of the United Kingdom.
 
SEPT 11--------  A DAY TO REMEMBER !!!!
at 17 cents today 
Where will it be 3 years from now ............... 
Where will it be 3 years from now ...............