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Sembmarine: major risks ahead for investors - Printable Version

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Sembmarine: major risks ahead for investors - Gstalk - 13-09-2021

UPDATED MON, SEP 13, 2021 - 10:00 AM

Sembmarine's battered shares may look cheap now, but there are major risks ahead for investors
Positive news flow could trigger a bounce in the stock, but investors should wait until its merger with Keppel O&M is done and dusted



Sembcorp Marine (Sembmarine)'s board and top executives probably heaved a sigh of relief after shareholders of the beleaguered offshore and marine (O&M) company voted on Aug 23 to approve its controversial rights issue.


RE: Sembmarine: major risks ahead for investors - Napoleon Porlumpar - 13-09-2021

Sembmarine is such an inauspicious name.............sound like.......Submarine.......


RE: Sembmarine: major risks ahead for investors - Niubee - 13-09-2021

shitty stock. Forget it...


RE: Sembmarine: major risks ahead for investors - starbugs - 13-09-2021

If CDL's China investment can be sold for $1, SembMar could be only worth $1 too.


RE: Sembmarine: major risks ahead for investors - ysh02 - 13-09-2021

Temasek think will not sell below 8c ...šŸ˜Š


RE: Sembmarine: major risks ahead for investors - RiseofAsia - 13-09-2021

Later they buy it back at cheap price....
Who has the last laugh? Thinking

Dont forget there is a Tuas Mega port coming up.
I dont think will let it close shop.


RE: Sembmarine: major risks ahead for investors - Yin yang - 13-09-2021

Have faith in the top scholars who die die will tink of ways means to save this potential blue chip ..

It just takes a huge project to launch a thousand ships .


RE: Sembmarine: major risks ahead for investors - hansamu - 13-09-2021

(13-09-2021, 04:03 PM)starbugs Wrote:  If CDL's China investment can be sold for $1, SembMar could be only worth $1 too.

$1?? Semb Marine isĀ trading about 0.081 cents for now.

Maybe you got it mixed up with Semb Corp??


RE: Sembmarine: major risks ahead for investors - starbugs - 13-09-2021

(13-09-2021, 10:55 PM)hansamu Wrote:  $1??Ā  Semb Marine isĀ trading about 0.081 cents for now.

Maybe you got it mixed up with Semb Corp??

$1 for the whole company. Not per share lah


RE: Sembmarine: major risks ahead for investors - Instinct - 14-09-2021

SMM looks quite hopeless. Maybe next year another rights issue.


RE: Sembmarine: major risks ahead for investors - Instinct - 14-09-2021

Can keppel reject the merger with SMM?


RE: Sembmarine: major risks ahead for investors - Instinct - 14-09-2021

Any prediction for SMM price tomorrow?


RE: Sembmarine: major risks ahead for investors - ysh02 - 14-09-2021

No way Keppel can reject this KOM merger...judging from previous SMM EGM voting result...