Sg
2022-04-28

$SEMBCORP MARINE LTD(S51.SI)$

Reason to sell

1) sell on news ( hype is over )

2) merger share value is $0.070 ( bad pricing )

3) pay keppel $500m despite smm having negative cash flow business

Reason to buy

1) possible privitisation but at what price? 

2) called off merger ( smm alone has better value)

i would suggest to control stop loss and dont do overnight holding as price these few days will be roller coaster. 

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Comments

  • Soyabean89
    2022-04-28
    Soyabean89
    I doubt empress dowager will reject this... Temasek, largest share owner, will probably make keppel the favourite protégé and make submarine a dumpster to carry the bad load.
    • Soyabean89Reply1688hu
      Favoritism runs in blood of elites [Helpless]
    • 1688hu
      She seems to have a favorite child & whipping boy. How nasty.
  • Tracccy
    2022-04-28
    Tracccy
    thanks for ur advice, do not hold overnight
  • Juliaaa11
    2022-04-28
    Juliaaa11
    yes, volatility is high, too many risks
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