Rights issue does not come in

2021-06-25

Rights issue does not come in the right time. Also, it came immediately after last year rights issue. It does not make sense for investors to keep on pumping money in; only big investor can support. I will exit once there is opportunity.

Keppel jumps, Sembcorp Marine tumbles as trading resumes after news of O&M merger talks

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Also, it came immediately after last year rights issue. It does not make sense for investors to keep on pumping money in; only big investor can support. I will exit once there is opportunity.</p></body></html>","text":"Rights issue does not come in the right time. Also, it came immediately after last year rights issue. It does not make sense for investors to keep on pumping money in; only big investor can support. I will exit once there is opportunity.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/122107152","repostId":2146102197,"repostType":2,"repost":{"id":"2146102197","kind":"news","pubTimestamp":1624586853,"share":"https://www.laohu8.com/m/news/2146102197?lang=&edition=full","pubTime":"2021-06-25 10:07","market":"sg","language":"en","title":"Keppel jumps, Sembcorp Marine tumbles as trading resumes after news of O&M merger talks","url":"https://stock-news.laohu8.com/highlight/detail?id=2146102197","media":"The Straits Times","summary":"SINGAPORE - Shares of Keppel Corp and Sembcorp Marine (Sembmarine) went their separate ways when tra","content":"<div>\n<p>SINGAPORE - Shares of Keppel Corp and Sembcorp Marine (Sembmarine) went their separate ways when trading in the stocks resumed on Friday morning (June 25), after the two announced talks to explore a ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/keppel-jumps-sembcorp-marine-tumbles-as-trading-resumes-after-news-of-om\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKeppel jumps, Sembcorp Marine tumbles as trading resumes after news of O&M merger talks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 10:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/keppel-jumps-sembcorp-marine-tumbles-as-trading-resumes-after-news-of-om><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Shares of Keppel Corp and Sembcorp Marine (Sembmarine) went their separate ways when trading in the stocks resumed on Friday morning (June 25), after the two announced talks to explore a ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/keppel-jumps-sembcorp-marine-tumbles-as-trading-resumes-after-news-of-om\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARPS":"海洋石油投资","U96.SI":"胜科工业","MPX":"海洋产品","BN4.SI":"吉宝有限公司"},"source_url":"http://www.straitstimes.com/business/companies-markets/keppel-jumps-sembcorp-marine-tumbles-as-trading-resumes-after-news-of-om","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146102197","content_text":"SINGAPORE - Shares of Keppel Corp and Sembcorp Marine (Sembmarine) went their separate ways when trading in the stocks resumed on Friday morning (June 25), after the two announced talks to explore a potential combination of their offshore and marine (O&M) businesses.\nKeppel shares jumped 29 cents or 5.4 per cent to $5.40 at 9.04am, from their close on Wednesday, while Sembmarine fell 4.6 cents or 24 per cent to 14.5 cents. The companies had halted trading on Thursday.\nAt 9.40am, Keppel extended its gains, trading up 6.3 per cent at $5.43. Sembmarine, the most heavily traded stock by volume, was down 18.9 per cent at 1.55 cents, with 319,000 shares trading hands.\nThe two companies on Thursday signed a non-binding non-binding agreement to enter into exclusive talks with the aim of merging Keppel's offshore and marine arm (Keppel O&M) and Sembmarine. This is intended to create a combined entity that is better positioned to compete for contracts in offshore renewable energy.\nThe move comes amid an extended period of low oil prices and persistent disruptions in the oil and gas sector, such as manpower shortages and reductions in demand for rigs by oil majors.\nIf a merger ensues, Keppel says it expects to receive shares in the combined entity, which will remain listed on the Singapore Exchange. Keppel intends to distribute all these shares to its shareholders. It will also receive cash totalling $500 million.\nMeawnhile, in a move expected to immediately depress Sembmarine's shares from the dilution effect, the company separately announced on Thursday it will seek fresh funds via a fully underwritten $1.5 billion renounceable rights issue. In September last year, Sembmarine raised $2.1 billion in a similar exercise following its demerger from Sembcorp Industries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":169,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":195,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/122107152"}