$SEMBCORP MARINE LTD(S51.SI)$L

2021-08-31

$SEMBCORP MARINE LTD(S51.SI)$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.

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Comments

Fly High
2021-09-01
Fly High
This round free shares were given to Sembcorp holders. Many cashed out resulting in price 'crushed'. 8cts support near term. If below 8cts, undertaker is ready to take it private. Wait out for this.
- Fly High:
  Should be last round free shares.
koolgal
2021-09-10
koolgal
Hold the fort and defend it??

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