Sembawang Marine

[Trees]

This stock does not seem to move and it is stuck at $4.68. Is there anything wrong with this counter?

 

[bbmars1128]

This stock does not seem to move and it is stuck at $4.68. Is there anything wrong with this counter?

Why? invested a lot? This stock has corrected quite a fair bit when anyone else was in uptrend mode. What's your concern? I have only 2 lot... enter at $4.1 Not going to sell any sooner. Order book is good, you seems seems to be getting inpatient. What's your strategies?

 

[Dividends Warrior]

This stock does not seem to move and it is stuck at $4.68. Is there anything wrong with this counter?

I sic the first reason for you.

Another reason is people are more interested in penny stocks recently. Nobody cares about the blue chips.

 

[bbmars1128]

this one already settled
wait end of march u see it will shoot in apr
vested

That's waht I am hoping for. Chances of uptrend is higher not forgetting the huge amount of contracts it has already secured. be patient. However, I don't rule out a correction anytime, maybe after CNY or mid of the result reporting season.... typical of the market reaction.. .... Just look at many of the blue chip and penny stocks, most are in overbought condition and still moving up.... when it drops, it will be hard but that provides buying opportunites

 

[teerance85]

Semb Marine would be releasing its financial results tomorrow. Bought 2 yrs ago at a high at $5.20 then, but average down when they announce a dip in 3Q profit. Hope results would be good though. Notice they acquire quite a few overseas contracts.

 

[bbmars1128]

zai la...u enter so low. me 4.15. also temasek buy alot reported in business times.

not too bad what. Still make profit.

 

[bbmars1128]

Semb Marine would be releasing its financial results tomorrow. Bought 2 yrs ago at a high at $5.20 then, but average down when they announce a dip in 3Q profit. Hope results would be good though. Notice they acquire quite a few overseas contracts.

What's your average price? I won't hold on to it when it drops, set my cut lost strategy.... For me, already sold by then and buy back when lower. That's what I did. Before it hit $5, I already sold and since then, never touch the stock again untill late last year when I read from the monthly chart, the price already touch bottom and had seems to stablised when every one else is moving upward. So enter the market. Bought Wilmar along the way too at $3.16

 

[teerance85]

What's your average price? I won't hold on to it when it drops, set my cut lost strategy.... For me, already sold by then and buy back when lower. That's what I did. Before it hit $5, I already sold and since then, never touch the stock again untill late last year when I read from the monthly chart, the price already touch bottom and had seems to stablised when every one else is moving upward. So enter the market. Bought Wilmar along the way too at $3.16

Average it down to $4.8, though not much. Didn't sell because of their tremendous contracts won though.

 

[teerance85]

The Directors are pleased to recommend a total final one-tier tax-exempt cash dividend of 8 cents per share for the financial year ended 31 December 2012 comprising:
i) A final ordinary one-tier tax-exempt cash dividend of 6 cents per share &
ii) A final special one-tier tax-exempt cash dividend of 2 cents per share

 

[bbmars1128]

The Directors are pleased to recommend a total final one-tier tax-exempt cash dividend of 8 cents per share for the financial year ended 31 December 2012 comprising:
i) A final ordinary one-tier tax-exempt cash dividend of 6 cents per share &
ii) A final special one-tier tax-exempt cash dividend of 2 cents per share

DVD not much, only 8c. I am eyeing Kepcorp total 54c. Wait for correction to come...... .seems like today dropped quite a bit.... some already shouting for correction and shorting.....

 

[Dividends Warrior]

Dropping.......

 

[kissinvestor]

Dropped quite a lot today.. Down $0.20.. Sembcorp also pulled down as well.. But i think many value investors here will hold it and the correction effect will subside in a while?

 

[HWZ1973]

Me buy, next day drop due to disappointing results, sian....

 

[elktan]

An interesting article on SembMarine for sharing:
Weekend Comment Feb 22: The Sembmarine Effect

 

[teerance85]

Currently trading at $4.44. Anybody think its an opportunity to buy?

 

[teerance85]

Anybody cut loss already?

 

[bbmars1128]

Anybody cut loss already?

Still holding out, not cut lost cause bought at 4.1. Will hold to this for a while. Analysts are gunning for Kepcorp instead of this. I am also waiting for it to drop. It's been quite sometime and it continue to to drop. I am waitng for it to drop below 10 then go in buy and wait for dividend... not bad, 54c inclusive...