Skip Navigation Links
Sembcorp Marine at $0.123
05 Jul 2021 (405 views)  

I bought 100,000 Sembcorp Marine shares at $0.123. Total cost is $12,300.

Why?
I think that it is under-valued and over-reacted for the bad news of the impending merger.

I have placed an order to buy an additional 100,000 shares if the price drop to $0.12

There will be a rights issue at $0.08 which I will take up in full.

The discount to NTA is 57%. See the table below.

I am buying for the eventual recovery. I believe that Sembcorp has expertise in shipbuilding and infrastructure, which will be an asset after the recovery.

Note - I am giving my view from my personal perspective. I am not recommending a buy of this stock at any specific price. Please do your own diligence before making your investment. 

Tan Kin Lian


Sembcorp Marine at $0.123
[Back] [Print]


I bought 100,000 Sembcorp Marine shares at $0.123. Total cost is $12,300.

Why?
I think that it is under-valued and over-reacted for the bad news of the impending merger.

I have placed an order to buy an additional 100,000 shares if the price drop to $0.12

There will be a rights issue at $0.08 which I will take up in full.

The discount to NTA is 57%. See the table below.

I am buying for the eventual recovery. I believe that Sembcorp has expertise in shipbuilding and infrastructure, which will be an asset after the recovery.

Note - I am giving my view from my personal perspective. I am not recommending a buy of this stock at any specific price. Please do your own diligence before making your investment. 

Tan Kin Lian