finch55
2022-04-28

$SEMBCORP MARINE LTD(S51.SI)$so the news is out that the shareprice of Newco will be $0.07c. then what is the point of getting into this stock now when after everything, the new stock is only going to be $0.07 when it merges?


Someone pls correct me if my understanding is wrong? This merger is getting damn confusing. Why is the analyst still indicating a buy for keppel and a sell for sembmarine now when at the end of it, they will be merging into 1 new company? Someone pls enlighten me. Thanks! 

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Comments

  • Ah_Meng
    2022-05-01
    Ah_Meng
    The NTA of the merged entity is 7 cents, which maybe different for the share price. Share price depends more on demand and supply and expected growth and returns.
    • Ah_Meng
      KepCorp shareholders get to realise hidden value from the merger. SembMarine shareholders only get the "potential" of an enlarged entity that is more competitive in the market. KepCorp gets this too.
  • Sonoma
    2022-04-28
    Sonoma
    “analyst still indicating a buy for keppel “- the” keppel” here refers to Keppel Corporation
    Sembcorp marine merged with keppel Offshore and marine ( subsidiary of Keppel corporation)
  • 1688hu
    2022-04-28
    1688hu
    IT is to reward the favoriTe chilD with free shaRes while PunIshing the IllegitimatE child by lootIng from His recent rightS issue windfall
  • Universe宇宙
    2022-05-02
    Universe宇宙
    [Comfort] [Comfort] [Comfort]
  • AdamDavis
    2022-04-28
    AdamDavis
    penny stocks do this a lot lol
  • jayc
    2022-04-29
    jayc
    ok
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