Dear readers, on 9 Jan 2018, I added Sembcorp Marine stock to one of my recommended stocks for Year 2018 (you can revisit the post here). Then, I shared with readers how I hold a bullish view on Sembcorp Marine stock based on my belief that it is a likely candidate for privatization arising from the Strategic Review of Sembcorp Industries Group. I also believe that aside from the privatization basis, Sembcorp Marine stock should benefit from the recovery of oil prices. Sembcorp Marine stock traded at $1.84 per share on 9 Jan 2018.

Fast forward to yesterday, Sembcorp Marine stock closed at $2.30 as it benefited from good rallies in recent trading sessions. Of course, it is not due to any news of likely privatization who also remains to be seen, but already, this recommended stock of mine is up by around 25% already. It is …