$Seatrium (S51.SG)$ why dropped so much. almost 30%

i make bad decisions : sembcorp merger with keppel, doesnt benefit sembcorp much thus alot of ppl selling sembcorp to buy keppel


i bought at low so i dont mind playing the waiting game

Small bull : Actually whatever announcement made in SM, it will drop because it has too many players who never check. It adds tension when suspended 1 day and those punters who never read the documents panic sell. AGM has no negative, they also panic sell when announced

VaderMoomoo OP Small bull : so many dumb ppl lol

winner equities VaderMoomoo OP : yes a lot panics selling

xmomentx : It been dropping 99 percent since all time high

xiaojingyu Small bull : If there is no deliberate suppression of the stock price, the stock should reach the 0.15 target price

Small bull xiaojingyu : Or higher if they read the documents properly. However these type of people are belong too busy working, hesitate to read, illiterate, less educated, or who care less because they invested only a bit. I was in the category in my past and lost.

bullrider_21 Small bull : Since you have read the documents and is very positive on SM, can you show us your analysis and calculations to support your arguments?

soyabean89 : Felt like submarine has been taken for the ride. Temasek dumping keppel cancerous o&m to the sinking ship to make keppel more leaner... Maciam sembcorp 2020 split out

Temasek scheming to make keppel look cleaner on books and dump submarine.. Look at this bs valuation?! Plz explain if this still beneficial to submarine or win win with keppel?

doctorpot1 soyabean89 : True, the NTA per share isn't so good but do also account for the super large net order book contributed by Keppel O&M, plus the most valuable asset of everything. Talent.
I'm holding for a few years and will be watching how things unfold