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Prospects for 2015
In less than 12 months of diversification plan into the energy business, the Group is on track with first its revenue expected in April 2015. Its 80% owned subsidiary, DNeX Oilfield Sdn. Bhd. has entered into an equipment rental agreement for the renting of well drilling equipments and ancillaries to Baker Hughes (Malaysia) Sdn. Bhd. for a monthly rental of USD87,860 starting 1 April 2015. The agreement with Baker Hughes is for a period of four (4) years with an option to extend for two (2) years on a year to year renewal.
The completion of the Proposed Acquisitions of OGPC Group which is now expected in 4th quarter 2015, and is projected to contribute positively to the future earnings of the Company and to enhance DNEX's shareholders' value in the medium to long term.
The Group will continue to leverage on its existing client-base and established presence in the trade facilitation (B2G) business. At the same time, the Group is also firming up its services and broadening its product range in B2B segment of its e-commerce services both domestically and regionally to complement the Group’s position in delivering B2G services.
Barring any unforeseen circumstances, the Group expects to deliver positive results for the year 2015.

The Group recorded Earnings before Interest, Tax, Depreciation and Amortization (“EBITDA”) of RM4.9 million in current quarter as compared to the immediate preceding quarter of RM12.9 million. Included in the current quarter’s EBITDA was one-off payment of voluntary separation scheme and other compensation cost (“VSS payment”) of RM5.55 million.

The dividend give already on Nov2013

Scomi Energy Reports RM31.4 Million Pre-tax Profit For Q3

KUALA LUMPUR, Feb 19 (Bernama) -- Scomi Energy Services Bhd has reported a pre-tax profit of RM31.4 million for the third quarter ended Dec 31, 2014.

It recorded a revenue of RM391.8 million for the quarter, it said in a filing to Bursa Malaysia here Wednesday.

Scomi Energy had on July 31, 2013 changed its financial year-end from Dec 31 to March 31.

It said the comparatives in the notes to the financial statements of the group and the company for the period were not comparable.

The company said its performance was largely driven by the strong performance of its oilfield services division while its marine services division recorded an increase in revenue, boosted by the commencement of a new bulk coal carriage contract during the quarter.

Its Chief Executive Officer, Shah Hakim Zain, said the group's biggest contributors to its continued top line growth for the quarter were Indonesia, Malaysia, Myanmar, Thailand and West Africa.

-- BERNAMA

worth to hold and accumulate....for long term investors....

Profit before
taxation decreased from RM 4,145,000 for the corresponding quarter of the preceding year to RM 3,845,000 for the
current quarter and this is mainly due to the recognition of fair value on ESOS for the current quarter.

Agree with you....gambateh...

so we wait only.....hopefully our hope come true....hehe

See the movement, hope can move up to 0.15....