buy sell with yr own assessment & risk, any advice shared should not be regarded as instruction to trade or to mislead, u are own yr own free will.. i have unload some at .115 and .125.. but i m still hoding the balance 80% more..

good sharing calving

FoolsGold, i have been here from price of 0.25.. hoping for ophirs ... vote in AGM to reject share consolidate with scomi n scomieng... then came out ophir not metarialiazed as expected.. price go down lowest to 0.45 then highest 0.14 .. then go low again.. trying no to miss their agm.. i have been here with price movement of scomies.. not recently bought at 0.115 and trying to promote so that other will pick up my share at 0.135

if the volume today more than 35 mil.. i expect it will close at 0.135

before 10am already 13mil.. momentum is still strong guys

32 mil volume..
When this kind of volume happen
Normally it will remain active for at least 3 days

Any news?

when this kind of rally happen.. it would normally splash over to tomorrow morning at least

last 2 years scomies has writen off huge amount of asset, on the advice of fair value accounting basis just because o&g slow down.. that contributes to low NTA

Saudi oil production was bombed..
Brent up 20% maybe back over 70
Expect o&g to rally

TSWA is PH govt friendly..
expect more petronas link project coming soon

Tomorrow hope can test .135 - .14
the momentum seem strong

Opec committed to extend oil cut till 2020..
Good news for scomies and o&g player

got good news
this will open opportunity for more contract with petronas

https://www.thestar.com.my/business/business-news/2019/06/25/petronas-chemicals-scomi-collaborate-on-chemical-solutions/

https://uk.investing.com/news/commodities-news/oil-prices-rise-as-us-stockpiles-drop-opec-agrees-meeting-date-1900155

my target 0.13-0.14

Mayday mayday
Oil tanker attack in gulf off oman
If oil rally tomorrow
Expect o&g counter to spike

luckily we as minority shareholder vote againts merger of SEB, SGB & SCOMIES
as scomi sholder now to undergo another round of capital reduction
even last time at 2:1 scomi share still lower than scomies.. now 4:1

part of settlement with maybank:
SGB will issue new share (right issue), proceed from this issuance , 31mil of it will be used to pay back advance from scomies.. thus this should be good news for scomies

as 206mil scomies share held as collateral, there is no immediate effect as what this statement meant

"The Company shall undertake not to divest its 65.65% equity stake in Scomi Energy
Services Bhd (“SESB”) pending Maybank reaching an agreement on the disposal of
SRB’s Intellectual Property asset; and"

how I wish i got more fund

RSI now bounce slightly from 27 to 33

knm can go from 7sen to 22sen
that was triple
possibly scomies can go back to 25-26
that is also triple
at least to 15-16
that is almost double

BUMI ARMADA high debt = high risk

tangen.. current price is a very good price to buy.... then hold until quarter result.. for another trading strategy.. next sell gain .. hope there is no good news when you already sold :)

quarter result is coming guys
.. somebody pushing price down to prepare for quarter result
dont wait until the qr released..
the qr will be +ve

will not go any lower
grab now
potential at least test 0.135 again

for scomies laa
already proven business ops
scomi still making loss

maybank has extend the dateline to 15 may

scomi will not selling scomies share more than 33% of scomies.. there is no GO
what is in stake is the block of share pledge as collateral to mbb loan
block sahre normally would be sold through off market deal
if selling through market, sure will be selling pressure

support is at .115

Eventhough not a drilling co. Scomies is directly related to drilling services

IJM has drilling business, capital expenditure in drilling new well expected to increase in 2019. Good prospect for scomies. IJM is PH govt friendly, hope could secure new oil well contract to replace Ophir. if got sure goreng to RM1 like before

brent break over 70,
collect collect will hit 0.15 next 0.17

Remember u somersby.. why dont u averaging when the price is at .05

DEM

not much momentum going back to 0.07-.06 for a while

average amount of the contract still only around 25% of scomies turnover per year.. stil not significant enough,, but it show scomies has potential

what uzma got to do with scomies

good write up common sense

Move to scomies lah uols

should be no effect on scomies

showing profit also can not up..why? no appetite aa?

any news?

undergo capital restructure
2 : 1 .. kaput half #of shares
now at the same price as scomies

any news/update from last month AGM ?

so cheap now.. do u think scomies at the same level as sumatec or perisai?
at .075 can easily double to .15

demmm... look somebody is pressing

rosmah own myeg?

hope petronas will awards another RSC :)

Oil jump to 73..
Unfortunately scomies bog down with production issue
Hoping for the good news as soon as possible

they have completed a first lifting in january.. then, next qr result will reflect the only lifting of oil