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Seatrium Limited share consolidation: What are the implications

What are the details and implications of the recent share consolidation for Seatrium Limited? If you are currently holding Seatrium shares after the latest consolidation, here’s what you need to know: Share Consolidation Details: Seatrium Limited (formerly known as Sembcorp Marine) has proposed a 20-to-1 share consolidation. This means that every twenty (20) existing shares you held before the consolidation will be consolidated into one (1) consolidated share. Fractional entitlements will be disregarded, and each consolidated share will rank pari passu with each other.  Trading in the consolidated shares on the Mainboard of the Singapore Exchange Securities Trading Limited (SGX-ST) will occur in board lots of one hundred (100) consolidated shares.  Shareholder Approval: The proposed share consolidation is subject to shareholders’ approval at the upcoming Annual General Meeting (AGM) scheduled for 26 April 2024.  Seatrium will issue a letter to shareholders containing details about the

Aug 2023 BRO ACE Stock Trading Strategy

It's 3 August 2023... the Rookie Trader discovered a flaw in the BRO ACE buy strategy. When "A" triggers the buy signal, the Target may not be coming but may have just passed. Mistake done in AMD purchase.  So the new rule is: never buy if Target has been reached in the last 3 months.   ======== ROOKIE STOCK MARKET STRATEGY DAILY CHECKLIST Identify stock holdings to SELL.  Use BRO (Moomoo) and ACE (Yahoo Finance). All 3 must meet the criteria... BOL (20, C,2). Above Upper Band (sell).  RSI (7). Cross above 70 (sell). OBV. Reach a 3-month high (sell).  A. Average Analyst Price Target is equal to or less than price (otherwise let the profits run).  Remember... Never expect the price to return to its previous high. Sell on signal even if it's a loss (capital cashflow is better than stuck or falling losses) Identify stocks to BUY Buy only S&P500 stocks... for stability and dividends. Use the Moomoo stock screener to screen SP500 stocks with a daily Bollinger indicator

Jun 2023 BRO ACE Stock Trading Strategy

It's 9 June 2023... the Rookie Trader remembers the Intrinsic Value he learned from Adam Khoo. He is too lazy to calculate though. He also doesn't want to pay for Simply Wallstreet calculated fair value. So he is turning to Yahoo Finance Average Analyst Price Target. Why is he adding this new indicator to his Buy Sell Formula? Coz he realized he sold AAPL and MSFT too soon using the previous BRO EC Sell Signal formula. So from today, the strategy is known as BRO ACE Stock Trading Strategy.  ======== ROOKIE STOCK MARKET STRATEGY DAILY CHECKLIST Identify stock holdings to SELL.  Use BRO (Moomoo) and ACE (Yahoo Finance). All 3 must meet the criteria... BOL (20, C,2). Above Upper Band (sell).  RSI (7). Cross above 70 (sell). OBV. Reach a 3-month high (sell).  A. Average Analyst Price Target is equal to or less than price (otherwise let the profits run).  Remember... Never expect the price to return to its previous high. Sell on signal even if it's a loss (capital cashflow is be

May 2023 BRO EC Stock Trading Strategy

It's late May 2023... the Rookie Trader discovers a new Moomoo stock screener that screens SP500 stocks with daily Bollinger indicator falling below the lower band.   ======== ROOKIE STOCK MARKET STRATEGY DAILY CHECKLIST Identify stock holdings to SELL.  Use BRO on Yahoo Finance records. All 3 must meet the criteria... BOL (20, C,2). Above Upper Band (sell).  RSI (7). Cross above 70 (sell). OBV. Reach a 3-month high (sell).  Remember... Never expect the price to return to its previous high. Sell on signal even if it's a loss (capital cashflow is better than stuck or falling losses) Identify stocks to BUY Buy only S&P500 stocks... for stability and dividends. Use Moomoo stock screener to screen SP500 stocks with daily Bollinger indicator falling below the lower band... tap into the search bar to find the Screener.  No need this any more?... Set Moomoo Bol or RSI buy alerts. Use Moomoo for BRO indicators... and Yahoo Finance for EC stats. All 5 must meet the criteria at closi

Rookie BRO EC Stock Trading Strategy - Mid-Apr 2023

It's mid-April 2023... the Rookie wants to rewrite the strategy. It is simply rearranging and putting the sell checklist first.  ======== ROOKIE STOCK MARKET STRATEGY DAILY CHECKLIST Identify stock holdings to SELL.  Use BRO on Yahoo Finance records. All 3 must meet the criteria... BOL (20, C,2). Above Upper Band (sell).  RSI (7). Cross above 70 (sell). OBV. Reach a 3-month high (sell).  Remember... Never expect the price to return to its previous high. Sell on signal even if it's a loss (capital cashflow is better than stuck or falling losses) Identify stocks to BUY Buy only S&P500 stocks... for stability and dividends. Use Finviz to filter the SP500 stocks with RSI below 40... If too many, find PEG less than 1...  https://finviz.com/screener.ashx?v=111&f=idx_sp500,ta_rsi_os40&ft=4 Set Moomoo Bol or RSI buy alerts. Use Moomoo for BRO indicators... and Yahoo Finance for EC stats. All 5 must meet the criteria at closing... BOL (20, C,2). Below Lower Band (buy).  RSI

Rookie BRO EC Stock Trading Strategy - Apr 2023

On 2 Apr 2023, the Rookie feels the market is recovering... sold some old stocks at profit after holding for years in the negative... new buys are doing well... thanks to the Rookie BRO Trading Strategy...  ======== ROOKIE BRO EC BUY STRATEGY BUY Buy only S&P500 stocks  Use Finviz to find SP500 stocks with RSI below 40... If too many, find PEG less than 1...  https://finviz.com/screener.ashx?v=111&f=idx_sp500,ta_rsi_os40&ft=4 Set Moomoo Bol or RSI buy alerts. Use Moomoo for BRO indicators ... and Yahoo Finance for EC stats.  BOL (20,C,2). Below Lower Band (buy).  RSI (7). Cross below 30 (buy).  OBV. Reach 3-month low (buy).  Earnings. Positive for past 3 years.  Cash Flow. Positive and in the millions.  All 3 BRO must meet the criteria at closing, plus...  - Never buy when there is a recent gap down..  SELL BOL (20, C,2). Above Upper Band (sell).  RSI (7). Cross above 70 (sell). OBV. Reach 3-month high (sell).  One more thing... - Never expect the price to return to its hig

Rookie BRO Stock Trading Strategy - Mar 2023

On 17 Mar 2023, Rookie discovers 3 new strategies. - BRO strategy works in a 3-month time frame.  - Never expect the price to return to its highest.  - Never buy when there is a recent gap down.  The above are added into the overall strategy. ======== Here's the Rookie strategy for Mar 2023. Buy only S&P500 stocks  Use Finviz to find SP500 stocks with RSI below 40... If too many, find PEG less than 1... https://finviz.com/screener.ashx?v=111&f=idx_sp500,ta_rsi_os40&ft=4 ROOKIE BRO (BOL+RSI+OBV) STRATEGY Use Moomoo or Yahoo Finance to read the BRO indicators.  BOL. 20, C,2. Below Lower Band (buy). Above Upper Band (sell). Set Moomoo BOL alerts.  RSI. Cross below 30 (buy). Cross above 70 (sell). OBV. Reach 3- month low (buy). Reach 3-month high (sell). All 3 must meet the criteria at closing, plus...  - BRO strategy works in a 3-month time frame.  - Never expect the price to return to its highest.  - Never buy when there is a recent gap down. - Buy only if past 3 years po