Sg
2021-08-31

$SEMBCORP MARINE LTD(S51.SI)$

Hi All, if you are holders of SMM, sell your main share and subscribe to the rights at 0.08, so you straight save the abitrage amount. Good Luck. is going down real soon

SGX Stocks Opportunities
Share SGX companies' analysis and opportunities with Tigers!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • StreetCat
    2021-08-31
    StreetCat
    May I ask if you hold nothing what rights will you be entitled to get?
    • StreetCatReplySg: 
      That sounds great do you mind telling me which normal account let's you buy the rights from Sembcorp Marine without needing to hold any?
    • Sg: 

      You can buy the rights at Y5VR ( on normal broker account ) Tiger cannot buy.

      After buying, you are entitled the right to buy the share at 0.08 + (right price current 0.003 ) = 0.083


  • 妞妞_4579
    2021-08-31
    妞妞_4579
    也是搞不懂啊
    • Sg: 

      read the below comments


  • 白家军丶星月
    2021-08-31
    白家军丶星月
    还是搞不懂
    • Sg: 

      If you are holding the stock, sell now at 0.085

      buy the rights at 0.003, subscribe to it and your final price will be 0.083

  • Rookie22
    2021-08-31
    Rookie22
    85 now not much meat left
    • Rookie22ReplySg: 
      Yup true ..Good luck
    • Sg: 

      meat is determined by the volume you buy, looking at the Rights volume of 180m, there is additional selling of 180m coming ahead to earn the abitrage

  • Sg
    2021-08-31
    Sg

    The calculation is simple, Sell 0.087, Buy Rights currently at 0.004 + 0.08 issued price, = 0.003 Earn per share = SURE WIN trade.

    • Soyabean89ReplyAlfrednkk: 
      Market rate of y5vr... Now hover 0.3 and 0.4 cents per share area
    • Alfrednkk: 
      hi 0.004 + 0.08 how to get the 3c price   new to this
  • StreetCat
    2021-08-31
    StreetCat
    Isn't it the rights are given to those that are holders?
    • edgetrader: 
      You can buy the rights here. Then on exercise pay additional 8cents to change to SMM shares.
Leave a comment
16