
They have been doing that for the umpteen times this year.
Common sense dictates that if economy is good, company will use the money to expand and not do share buy-back. 
mtan71 ( Date: 02-Sep-2011 17:21) Posted:
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SEMBCORP MARINE LTD DAILY SHARE BUY-BACK NOTICE
Total number of shares purchased 500,000 
cavet emptor - not an inducement to buy or sell
 
This chart is straight forward... The trend is down and at this time all bounces are to be looked at as shorting opportunities.
With the analyst commentary like this.... ... I believe scm required contracts more than supporters
krisluke ( Date: 01-Sep-2011 19:47) Posted:
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niuyear ( Date: 01-Sep-2011 15:06) Posted: |
susan66 ( Date: 29-Aug-2011 12:50) Posted: |
4.70 looks to be achievable in few days time

 
thanks dc16888 for the blog info
Target the same level 3.70 too, my analysis.....read more...http://www.tradestockdiary.blogspot.com.
Happy trading.
http://theedgesingapore.com/the-daily-edge/business/32232-dnb-nor-upgrades-keppel-sembmarine-to-buy.html
3.70 Looks like good entry point for investors now .
 
looks like everyone is bearish on the economy... how far down it will go we don't know....
 
Uncle Ti 88
http://uncleti88.blogspot.com/
----
I trade using simple moving average and Commitments of Traders Proxy (COT Proxy) + some other special ingredients that Colonel Sanders will be proud of.
Oil & gas still in a slump due to bad global economic growth.
Confirm more downside if there is no improvement in global spendings.
xing78 ( Date: 24-Aug-2011 16:57) Posted:
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Really no eye to see.
Cut my Losses on this counter today.
JUNWEI9756 ( Date: 24-Aug-2011 16:40) Posted:
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There will probably be a rebound from there, but whether it will be a sustained one is left to be seen yet... 

krisluke ( Date: 22-Aug-2011 02:36) Posted:
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SembMar has become one of the weakest stocks lately. During sell down, it is usually one of the top losers. During rebound, the gain is usually quite minimum.
The vertical golden color line is how much the stock prices have fallen in 2008 before it found a sustained support. When we super-imposed this line into the chart, it coincides with a key support level at $3.00, which is also Fibo 61.8%.
Therefore, $3.00 could be where SembMar may find a strong support before a sustained rebound.