[p1acebo]

Good to have you here.
Right time to talk about sembmarine.
At this price, do you think it's a good time to buy?
Probably can get cheaper on Monday.

My semb marine was mostly obtained from sembcorp demerger.
I bought some.at around 15cts. Overall cost was 3cts.
I sold everything between 12.3 and 14.3 recently.

Like the last rights issue investors are so tired of giving them money they will just sell towards 8 cts and rights shares will expire worthless.

I will find a better re-entry.after rights ...but now until rights there will be constant selling pressure as .any investors received those shares for free from demerger will never want to subscribe for the rights.

As we roll along irony is semb marine balance sheet will keep improving with more cash to survive through the downturn.

Your good friend Jac will start hounding you again here