I got really lucky with this exit position. I have been noticing a strong upward price action on SembCorp Marine (SGX: S51) for a few days now. And it seems to be related to an upgrade to a “buy” rating by Nomura and market speculation that it might be privatized. Honestly, I was happy for the share price to finally climb above my average purchase price. This is one of my Big 4 individual stock positions with heavy unrealized losses. It was my first individual stock buy since returning to Singapore prior to the oil crisis and significant decline in oil price. I have held it for the longest time hoping for a profitable exit. I would have been happy for even a small profit and it’s finally happened! Haha, I have no idea other than speculative forces as to what’s driving the price upwards because the underlying business has yet to ......