This is the 5 year chart of Sembcorp Marine. It’s an absolute disaster – from a high of $1.75 in 2018, to $0.12. Source: Webpro Sure, there were a bunch of right issues that brings the average price down, but it’s still nothing short of value destruction for shareholders. Since the latest announcement of (1) another $1.5 billion rights issue, and (2) merger with Keppel O&M, the share price has plunged another 50%. Is there value in this stock? Or is it just a falling knife on it’s way to zero? BTW – Big National Day Promo for FH Investing Courses. Want to learn how to invest seriously? Check it out here! Take advantage of the Phase 2 (Heightened Alert) and long weekend! Timeline of Sembcorp Marine Source: Webpro 3 big events for Sembcorp Marine in the past 12 months: (1) June 2020...