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Keppel jumps, Sembcorp Marine tumbles as trading resumes after news of O&M merger talks

The Straits Times2021-06-25

SINGAPORE - Shares of Keppel Corp and Sembcorp Marine (Sembmarine) went their separate ways when trading in the stocks resumed on Friday morning (June 25), after the two announced talks to explore a ...

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Comment29

  • BengKeng
    ·2021-06-27
    From chart point of view sell down . If , coming report better , it will up again.
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  • J999
    ·2021-06-26
    I see
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  • SquareGuy
    ·2021-06-26
    Anyone consider swabbing into KC ?
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  • rookie新手上路
    ·2021-06-26
    $SEMBCORP MARINE LTD(S51.SI)$$KEPPEL CORPORATION LIMITED(BN4.SI)$ good or bad news depending which u holding [噴血] [噴血]  
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  • Soyabean89
    ·2021-06-25
    Last yr prior right issue drop from before demerger of $2 ish to $0.20..then drop to $0.15ish...take them bloody 1 yr to back $0.215 and now tank lower than last yr... Really is nuclear submarine.. Worst than shitcoin
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    • J999
      yeah sighs
      2021-06-26
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  • YiiYii
    ·2021-06-25
    Aiyo...Sembcorp Marine tumbled jalat jalat while Keppel up...Eat ? la  
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    • Wins888Replying toYiiYii
      haha! i still bleeding from kep, avg down but not enuff
      2021-07-01
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    • YiiYii
      You huat lor...I dumped both long time ago when they were the Apples of many investors. Then, dumped free SMM shares which was given free last year. Recently, itchy pigu and bought SMM shares [喷血]
      2021-07-01
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    • LateWizard
      Pennystock
      2021-06-25
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  • WealthyKitty
    ·2021-06-25
    If the merger happens, in my opinion is probable that they will renamed the company from SembMar Marine to “Submarine”; share price sinks let asubmarine.
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  • Stanson88
    ·2021-06-25
    How much will the share price worth after merger? Usually a merger is a good news. But why???
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  • Fly High
    ·2021-06-25
    2 ships sinking. Saving the big ship? 
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  • Iewhet
    ·2021-06-25
    Rights issue does not come in the right time. Also, it came immediately after last year rights issue. It does not make sense for investors to keep on pumping money in; only big investor can support. I will exit once there is opportunity.
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  • WealthyKitty
    ·2021-06-25
    Rights issue is a negative news. Any corporate announcement/action of rights issue will see an immediate gap down of the share price. In my opinion this is more from a investor behavior reason. This is because existing shareholders, notably the retail investors, will have reservations in forking out more cash to subscribe the rights. Even though they can sell their rights in the open market during a specific period, the transaction costs involved will depress the money they receive. Thus that resulted in retail investors selling their shares before ex-rights and causing a bandwagon effect which we see a gap down in opening price.
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  • KTinspired
    ·2021-06-25
    Is it worth to take up Sembcorp marine right issue?
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  • Abspitz
    ·2021-06-25
    Sembmarine shares suddenly soaring. Is that a good sign?
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    • Benly8
      Technical rebound. get out on Rebound.
      2021-07-04
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  • Felxfel
    ·2021-06-25
    Shucks! Worst bdae pressie ever!
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  • blaCkbOx
    ·2021-06-25
    Oh no
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  • skidosky
    ·2021-06-25
    Good
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  • Soksok
    ·2021-06-25
    Good 
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  • PCQ
    ·2021-06-25
    Ok
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  • AhHuat
    ·2021-06-25
    Now they are no longer the darlings of SGX
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