Semcorp Marine  - Old rumour of Sembawang Marine potential privitisation or divestment of Sembmarine by the Sembcorp Industry  and Nomura upgrade to target 2.70 cause the share to race to 2.30 from 2.10. Like they say there  is `No Fire  Without Smoke",  it could go further up to 2.38 and retrace to 2.23 , this will be a good level for an entry  to ride this trend. This blog maintain a price target of 2.56 in the medium term.

All posts and charts are for educational and illustration purposes only