$SEMBCORP MARINE LTD(S51.SI)$Any views on Temasek offer?

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  • RFTrader
    ·2021-10-14
    The offer is likely to be a non-event. It is a chance for those who oversubscribed the rights to exit at no loss. Price will be supported at MGO price a major market crash happens.
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    • RFTrader回复sillyseal
      There could be some excess rights subscriber at 0.08 who thought they will not get full entitlement but turned out that many of them got 100% excess allocation. They can reduce their exposure
      2021-10-15
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    • RFTrader回复sillyseal
      There could be some excess rights subscriber at 0.08 who thought they will not get full entitlement but turned out that many of them got 100% excess allocation. They can reduce their exposure
      2021-10-15
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  • RFTrader
    ·2021-10-14
    Good to continue monitor the volume and bid ask volume to have a sense of the selling pressure absorption. Once selling is absorbed, its time to play up SMM on the restructuring story.
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