SembCorp Industries Ltd *Official* (SGX: U96)

[Minx99]

why the decision to sell? They are loss-making?
So far this year already 2 divestments.This rally is only temporary imo.

Their 2 main core business marine & utilities not doing well, divest some assets so the result won't look so ugly, just guessing

 

[joshua182]

There goes the rally.

Set to form shooting star again.

Tmr if somehow API and Caixin don't swing in favor of oil bulls... not going to be pretty.

 

[blankk]

keppel corp also lao sai-ing now!

 

[joshua182]

wa at this rate, could end up below opening px... and oil not even properly broken 46 yet.

 

[Average]

I was lucky to sell mine near daily high this morning @3.76.

Sent from your next door using GAGT

 

[ValueInvestor]

net tangible book is around $3

my own estimate is around $3.30

last Q2 results, shows $3.60 due to cash injection from issue of prep securities

so its very subjective

 

[joshua182]

They pumped and dumped this again today morning.

 

[joshua182]

hope not too many were suckered in by the divestment news.. it didn't change fundamentals and only altered the short term trend upwards for a couple days only.. same as the previous time it spiked to 4.8X... the trend intact is still down.. many would have shorted the 3.7X levels... now they huat alrdy.

 

[Greenworm]

hoot abit @ 3.43 hope can earn abit later

 

[darren_soh86]

today just open 3.32 liao.

 

[Greenworm]

looks like i gotta hold on to it liao

 

[joshua182]

i did say mid-long term downtrend......

 

[ValueInvestor]

http://www.channelnewsasia.com/news/business/sembcorp-to-build-s-557m/2156304.html

chiong please!

 

[limster]

Vested at 3.84, 3.70 and 3.48. Guess I managed to catch a falling knife this time

My SCI falling knife catching so far: 3.84, 3.70, 3.48, 3.33

and also collected dividend along the way.

 

[joshua182]

My SCI falling knife catching so far: 3.84, 3.70, 3.48, 3.33

and also collected dividend along the way.

You entered near or almost exactly on the potential support/resistance levels.

SCI is a funky blue chip. Up and down alot. High ATR.

 

[limster]

Dunno why this thread so silent. Everybody sell already and take profit?

I admit I am terrible at selling, prefer to collect dividends so I still haven't sold any SembCorp despite the rally..... but if it hits $4... have to think about it....

 

[rainbow123]

i am in the green already after one round of DCA . Will be just holding it as initially purchase think that price is undervalue . So will just hold and hold.
Drop or up no concern at this moment .

 

[thesal]

Dunno why this thread so silent. Everybody sell already and take profit?

I admit I am terrible at selling, prefer to collect dividends so I still haven't sold any SembCorp despite the rally..... but if it hits $4... have to think about it....

I'm holding it until $4.. didn't expect price to reach there so quickly... was expecting at least end of this month.

 

[Greenworm]

Will keep an eye out for sembcorp marine! They seems to raise with the crude oil prices!

Today not much movement maybe because ang mo side public holiday, but tomorrow might see a more aggressive bullish movement on crude oil price and maybe we would see a new high for sembcorp and keppel!

Still a noob learning on the way, so this is just my 1 cent

 

[SeVenn]

Still anyone's guess whether the oil rally will last.

Hmm, seems like oil is down today.