The market is finally opened after a long holiday. However both Sembcorp Marine and Sembcorp Industries both requested for trading halt in lieu of something major being announced soon. I am not sure what's inside but looking at the chart, there could be some big and might change the dynamics of the company. In Sembcorp Marine, the stock experienced a multi year down trend and it's quite at the bottom already which I believe a good news will drive the stock price up while for Sembcorp Industries, the stock had a gap up and with 2 cob which could meant more higher prices to come too should the EGM passed through some corporate actions. Like I said, I am not sure what is it nor what's the latest development in those companies but something major should be announcing soon which might shake the industry. Watch the development soon.
Ronald K - Market Psychologist - A Stock Market Opportunist
