Shares & Derivatives
SEMBCORP MARINE STOCK: IS IT TOO LATE TO JOIN THE RALLY NOW?
By Singapore Stocks Investing (SSI)  •  January 24, 2018
Dear readers, Sembcorp Marine stock rallied by another 7.53% yesterday to $2.57 per share. Sembcorp Marine stock has been really a powerhouse on its own rights with its share price boosted by positive developments surrounding the company as well as speculation and now analyst reports about a possible privatization. As early as last year when Sembcorp Industries announced a strategic review of the Group, I have been buying and buying Sembcorp Marine stocks on the anticipation of a divestment (you can read the post here ). From a low of $1.82 year-to-date, to yesterday $2.57, that has been a cool 40% over in Sembcorp Marine’s share price. The technical charts has been very bullish. As to whether it is too late to join the Sembcorp Marine stock rally, I believe it all depends on the outcome of the Strategic Review. If the Strategic Review does not ......
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By Singapore Stocks Investing (SSI)
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