SembCorp Industries Ltd *Official* (SGX: U96)

amelia80

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Because I wanna be honest I am a newbie and I dono a **** about shares. I took out my life savings and just poured it in after reading some things here and there and there u have it. Just wanna be honest. This shares thing made me a gambler. I simply just like macham took a bet and hoped for the best.

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arctician

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Because I wanna be honest I am a newbie and I dono a **** about shares. I took out my life savings and just poured it in after reading some things here and there and there u have it. Just wanna be honest. This shares thing made me a gambler. I simply just like macham took a bet and hoped for the best.

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after reading some of your comments i think you overexposed your risk without understanding the basics, like CD, XD, CR, XR, the swings are going to play on your emptions if you dont understand complexity of rights issues and price fall during CR and XR. There is also complexity of share settlement date of SMM and what to do with it.

i recommend you not to read too much on the comments because you overexposed your allocation and every comment will affect your emotion

However if you average price is $2.1 it will be fine for SCI if the resolution goes through, after XR SCI price will autocorrect by probably 80c-$1.20, depending on how much SMM shares are trading, but this is due to XR and not because of change in business fundamentals

Your uncertainty surfaces because you are unsure on how to value a share, recommend you to read up on some valuation principles like price to earning ratio and price to book then compare it with the metrics released in the SCI ppt.
 

Squaredot

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Because I wanna be honest I am a newbie and I dono a **** about shares. I took out my life savings and just poured it in after reading some things here and there and there u have it. Just wanna be honest. This shares thing made me a gambler. I simply just like macham took a bet and hoped for the best.

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gamble with your life savings? :eek:
u r so daring!
 

amelia80

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after reading some of your comments i think you overexposed your risk without understanding the basics, like CD, XD, CR, XR, the swings are going to play on your emptions if you dont understand complexity of rights issues and price fall during CR and XR. There is also complexity of share settlement date of SMM and what to do with it.

i recommend you not to read too much on the comments because you overexposed your allocation and every comment will affect your emotion

However if you average price is $2.1 it will be fine for SCI if the resolution goes through, after XR SCI price will autocorrect by probably 80c-$1.20, depending on how much SMM shares are trading, but this is due to XR and not because of change in business fundamentals

Your uncertainty surfaces because you are unsure on how to value a share, recommend you to read up on some valuation principles like price to earning ratio and price to book then compare it with the metrics released in the SCI ppt.
but I got no more bullet to pump in and buy more shares to average my price to become 2.1.........:(

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arctician

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but I got no more bullet to pump in and buy more shares to average my price to become 2.1.........:(

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u dont need to average again to 2.1, another 10c plus minus no difference, SCI will probably trend up as it goes nearer to CR date. now you just need to manage your emotion instead of reading comments everyday, otherwise you wont last till Sep or oct. Think thats one downside of throwing in your life savings without knowing whats going on.
 

siloti

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but I got no more bullet to pump in and buy more shares to average my price to become 2.1.........:(

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I have this little advice for you. Always leave some bullets, they come in handy.

Esp for newbies, and the market is changing.


March-april is such a sweet time to enter, as that is probably the rock bottom price.

Analysing your situations, i guess, you waited a while, dare not go in during March-April-May due to uncertainty. When you are fairly confident that COVID is possibly over (phase 1 recovery, end of **) you also regretted not entering earlier. Hence you jump into what market think it is a free-windfall.
Nothing wrong of ScI, you are on safe ground, as we emerge from COVID, the market will go back to normal. You will make.

Do not get work up by the fall in price XR of ScI, you gain shares, which is not bad either.

That was the basis i thing, if you have money, you could cost average, but if no, it is not crucial as well.

Take a mid-term view, like 1-2 years, you will gain handsomely.
 

arctician

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yea always keep some cash in case there are right issues, or split it into 4 tranches so you can do dollar cost averaging. Maybe the comments here really hype up SCI and adrenaline rush caused her to go all in. Surprise newbie who not sure of CD XD dare to put all life savings on one counter, need alot courage
 

Tormented Soul

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Amelia, I can only tell you, never gamble your life savings on stocks. Anything can happen in the market, even blue chip stocks. Only buy whatever you are prepared to lose.

If you wanted to gamble you should have went in in March at its lowest.

But anyway not to scare you la, SCI is a good stock. If you did your research you will know you can hold mid to long term no problem. But I hope you still got holding power at least.

Oh and don't bother checking on the stocks everyday. Check once every few weeks la, don't scare yourself. 1 year later when you check you might be pleasantly surprised
 

Tool18

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but I got no more bullet to pump in and buy more shares to average my price to become 2.1.........:(

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1. You are buying SCI and not some kucing kurak share
2. Money just pumped in by ah gong
3. I think it would rise to at least break even for u to sell , just when?
4. I lost $50k on an overseas investment zero returns and learnt a painful lesson last year , so u learn from yours

No life lost , u are still alive and well , money is not the end of the world , speculating on unearned money (margin call) is

Cheer up !
 

platee

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Because I wanna be honest I am a newbie and I dono a **** about shares. I took out my life savings and just poured it in after reading some things here and there and there u have it. Just wanna be honest. This shares thing made me a gambler. I simply just like macham took a bet and hoped for the best.

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Very power. I must admit you are more manly and brave than I am.
 

arctician

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Amelia, I can only tell you, never gamble your life savings on stocks. Anything can happen in the market, even blue chip stocks. Only buy whatever you are prepared to lose.

If you wanted to gamble you should have went in in March at its lowest.

But anyway not to scare you la, SCI is a good stock. If you did your research you will know you can hold mid to long term no problem. But I hope you still got holding power at least.

Oh and don't bother checking on the stocks everyday. Check once every few weeks la, don't scare yourself. 1 year later when you check you might be pleasantly surprised

bro how will he or she know march is the lowest, its always easy on hindsight.
 

KarmaStrikesBack

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Because I wanna be honest I am a newbie and I dono a **** about shares. I took out my life savings and just poured it in after reading some things here and there and there u have it. Just wanna be honest. This shares thing made me a gambler. I simply just like macham took a bet and hoped for the best.

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Dont worry, i bought 10 lots @ $3.50 5 years ago. Checked almost everyday for 1 week.. and it kept drop drop drop like grapes.. so i got disheartened, totally didnt check after that and collect dividends only. Then just monday me colleague come tell me sembcorp demerger and tell me to see see.. if want buy can buy.. thats when i log in..

So im telling u dont panic. The price will up will down. U just set an alarm, to check the news of sembcorp ind 1st of every month can liao. Set a target price, once it hits your target price sell.
 

amelia80

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I get what u all mean some of the bros here also bought so here are not worried so I shld not worry. As to other comment why I didnt buy in Mar or April, yup I really didn't have the balls then. I read alot in this thread and was worried I may not hop on the boat this time, yesterday 9am immediately stock market open I queue up and bought at the price it opened. Damn! Anyway I better not make this into a big deal. I just wait out and hope for the best. Is it sometimes in August the free shares will be given to us? We don't need to do a single thing to get them right? It will just suddenly appear in our account? I am using the maybank Kim eng platform prefunded account. So suddenly the smm shares will appear sole time in August right? I read in the comments this stock is something we can keep perhaps for 1 to 2 years or maybe 3 by right I shld not lose toooo much money right? Sometimes I wanna ask my broker, he is just really unhelpful. I asked him qns he always say dono but the people here seem to have more insight then him and will give tips. Thks guys. He said maybe smm shares might even worth 10cents at the end of the day and smi will worth 1.30 eventually

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KarmaStrikesBack

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I get what u all mean some of the bros here also bought so here are not worried so I shld not worry. As to other comment why I didnt buy in Mar or April, yup I really didn't have the balls then. I read alot in this thread and was worried I may not hop on the boat this time, yesterday 9am immediately stock market open I queue up and bought at the price it opened. Damn! Anyway I better not make this into a big deal. I just wait out and hope for the best. Is it sometimes in August the free shares will be given to us? We don't need to do a single thing to get them right? It will just suddenly appear in our account? I am using the maybank Kim eng platform prefunded account. So suddenly the smm shares will appear sole time in August right? I read in the comments this stock is something we can keep perhaps for 1 to 2 years or maybe 3 by right I shld not lose toooo much money right? Sometimes I wanna ask my broker, he is just really unhelpful. I asked him qns he always say dono but the people here seem to have more insight then him and will give tips. Thks guys. He said maybe smm shares might even worth 10cents at the end of the day and smi will worth 1.30 eventually

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You broker tell you dont know because he scared you will blame him if things dont go the way he say. And its more professional of him to do so.

And as things stand, we are all strangers. I tell him smm will worth $1. You believe? If you dont believe, why even ask in the first place right?
 

TheAlphaLion

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I get what u all mean some of the bros here also bought so here are not worried so I shld not worry. As to other comment why I didnt buy in Mar or April, yup I really didn't have the balls then. I read alot in this thread and was worried I may not hop on the boat this time, yesterday 9am immediately stock market open I queue up and bought at the price it opened. Damn! Anyway I better not make this into a big deal. I just wait out and hope for the best. Is it sometimes in August the free shares will be given to us? We don't need to do a single thing to get them right? It will just suddenly appear in our account? I am using the maybank Kim eng platform prefunded account. So suddenly the smm shares will appear sole time in August right? I read in the comments this stock is something we can keep perhaps for 1 to 2 years or maybe 3 by right I shld not lose toooo much money right? Sometimes I wanna ask my broker, he is just really unhelpful. I asked him qns he always say dono but the people here seem to have more insight then him and will give tips. Thks guys. He said maybe smm shares might even worth 10cents at the end of the day and smi will worth 1.30 eventually

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There is a common saying: DYODD.

It is clear from your comments you invest without doing any research at all.
 

amelia80

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Yup truly it was all my fault. Never doubted that totally.

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Squaredot

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Yup truly it was all my fault. Never doubted that totally.

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bro,u r very bold. Never mind about fault or what, treat it as a lesson and move on.

Nobody can advise to sell or to keep SCI cos we also don't know the share price in future!
For us with SCI shares before this announcement is like our heads already wet so now we shun bian shampoo our hair :s13:
For u, u ran into the rain and get your head wet. So now u think carefully what to do next to make the best out of situation.
 
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