$SEMBCORP INDUSTRIES LTD(U96.SI)$ all Sembcorp investors should be quite relieved after reading the short sell report. Around 35% of the volume yesterday were shorted shares. I believe good company can withstand the short term pressure. Hopefully the management can do something to support the price eg. Share BuyBack or Director market purchase. DYODD.
$SEMBCORP INDUSTRIES LTD(U96.SI)$ profit taking + sell on news today. Bear in mind Sembcorp EPS is 30cents in H1 which is decent although it certainly missed some analysts forecasts. Also, 25% of today's volume are short position. Might need to cover back if share price rebound.
$Sembcorp Ind(U96.SI)$ sit tight & hold tight. Alinta deal is near and to fund this purchase Sembcorp might announce India assets spin off at the same time. Heavily shorted counter in the past month. May trigger short covering if price shoots up. Just my piece of thinking. DYODD.