$SEMBCORP MARINE LTD(S51.SI)$Let’s wait & hold and see how it goes.SCM is diversitying their business to renewable energy sector so in the long term, there should be recovery.For the short term till the rights issue, I think price should not drop too much. If price fall below the current support level@$0.12, it might go further downto $0.08. So during the rights exercise, let’s wait till the last few days and see how the market moves. If it moves further than $0.12, then we can load more if we want to get more shares since it’s 3:2 ratio.Assuming stocks fall below $0.08, then better not buy anymore. We should just grab when trading resumes in the open market.
$Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$For those who have bought during the highs of $0.8X before 20 Aug for the dividends or those who have bought during the $0.75X after the Rec date, please take note that the Rec date for the bonus shares 5:1 will only be issued after 2 Sep 2021 5pm. So please remember to hold on. The fundamentals for this counter is strong so please hold on!
$SEMBCORP MARINE LTD(S51.SI)$SEMBCORP Marine (Sembmarine), through its wholly-owned subsidiary Sembcorp Marine Rigs & Floaters, has secured a contract to construct a wind turbine installation vessel, it said on Wednesday (Mar 23).The value of the contract is not disclosed. The project is scheduled to be completed in early 2025.Sembmarine said the design will be based on its in-house design in collaboration with the customer. It noted that it has collaborated with the customer "intensively" over 2 years to provide design development and verification work.
$SEMBCORP MARINE LTD(S51.SI)$Pricing will definitely go down when market trading resumes afterthe rights exercise period. I have exercised 2 other rights this year; Mapletree Industrial and Ascendas.Both pricing went down but higher than the PO price. But the main difference is that the rights offer for Mapletree and Ascendas are for funds to be raised for expansion. Remember that SCM is raising funds to buy over the losing money Oil&Marine segment for Keppel. That’s why Keppel price rise after this announcement. To buy over a failing asset and this is the 2nd rights issue within a year. If you look at the balance sheet for SCM, how much can this round of funds issue last? At the most till mid 2022. How much lower can the ne
$SINGTEL(Z74.SI)$Dun lose hope yet. SingTel + Grab gotten the digital bank licence for Singapore. They are also bidding for licensing for Malaysia.Price may be the lowest you have ever experiencedbut recovery hopeful for the mid term.