$SEMBCORP MARINE LTD(S51.SI)$It is very likely the rights issue will be approved at the EGM. And shortists will try to short the price to $0.08 and below once ex-rights. Can supporters defend $0.10 or at $0.09? Will temasek come in to support? Not likely as they can subscribe for excess rights. Exciting battle coming up! [Cool] 

$SEMBCORP MARINE LTD(S51.SI)$For those who hold very little mother shares, and do not want to exercise the rights, but selling the rights incurred high brokerage fees, then an alternate solution is to sell away your mother shares at $0.086 and exercise your rights at $0.08 to bring you back to the same amount. You will gain $0.006 per share with this method. This method is a bit more complicated and maynot be suitable to everyone. DYODD.

$SEMBCORP MARINE LTD(S51.SI)$Guess what is tomorrow’s opening priceBased on today’s closing price of $0.102, the price will opened at $0.088 tomorrow?[0.102 x 2 + 0.08 x 3] / 5 = 0.0888What a nice number! Huat ah!

$SEMBCORP MARINE LTD(S51.SI)$Looks hopeless! If this rights issue follow according to the the scrip for last year’s rights issue, then the price will surely drop below the rights price and more! But there is a slight difference this year!Temasek is now a major shareholder and will support the price at $0.08. Hopefully this round, the price will not drop 40% below rights price like last year, but trade around $0.075 to $0.08 range.