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 ...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?
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...