Scomi Marine; Not-rated; RM0.31
Fair value: RM0.43; SMB MK
Weaker 2H12 operations to be mitigated by improving operational efficiency. Marginal field risk service contract to be awarded by 4Q12 may be a catalyst. Robust outlook for Scomi Oilfield – proposed acquisition to be completed end-2012. Fair value at RM0.43.
Source: HwangDBS Research - 7 Sept 2012
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Shahrir, careful of what you are saying or suggesting to Frank. Danger! Danger! LOL
2012-09-07 12:08
oh sorry sorry, Mr Kok hehehe.... but careful of Frank ya! my moral duty to warn! LOL
2012-09-07 12:17
mrK0K3N
robust??? hahaha...
2012-09-07 12:03