http://www.bursamarketplace.com/index.php?ch=ch_themarket&pg=pg_tm_stocksss&ac=2491&sch=ch_stocks_ownership

MHB pays dividends every year. This GLC company is one of the source of income for the government , including EPF and PNB. Mestilah jaga.

True.

-

MMHE (MHB) in two offshore construction deals

Malaysia Marine and Heavy Engineering has secured contracts close to RM 350 million (USD 105.5 million) involving fabrication and other associated works for two exploration and production projects offshore Peninsular Malaysia.

The first contract is for the fabrication of well head platform and its jacket, the connecting bridge, and heavier jacket for the central processing platform for the North Malay Basin (NMB) Bergading Complex where MHB will be the subcontractor for Hyundai Heavy Industries Co Ltd.

The total weight of these structural components under MHB’s work scope is about 14,800 metric tonnes (MT) and they are scheduled for sail away and delivery to the project’s ultimate client, Hess E&P Malaysia BV by 2016.

The NMB Bergading Complex is located offshore Peninsular Malaysia in water depth of between 55 and 60 metres.

Besar field job

The second contract is the procurement, construction, hook up and commissioning contract for the Besar–A well head platform and its jacket as well as the associated host tie-in work for PETRONAS Carigali Sdn Bhd.

With total components weight of 5,100 MT, the project is scheduled to be completed towards the end of 2015.

The Besar field is located offshore 185 kilometres northeast of Kerteh in Terengganu at a water depth of approximately 70 metres.


Ref:
http://www.offshoreenergytoday.com/mmhe-in-two-offshore-construction-deals/


===

True.

These are the TOP 5 shareholders:

PETRONAS owns 66.50% of the company, (as at 07 APR 2014)

EPF 3.10%, (as at 07 APR 2014)

PERMODALAN NASIONAL (PNB) 3.26%, (as at 07 APR 2014)

LEMBAGA TABUNG HAJI 6.06% (as at 15 JAN 2015)

TECHNIP SA (FRANCE) 8.50% (as at 07 APR 2014)


Ref:
http://www.bursamarketplace.com/index.php?ch=ch_themarket&pg=pg_tm_stocksss&ac=2491&sch=ch_stocks_ownership


===
05/02/2015 21:18

-

PRESS RELEASE

Kuala Lumpur, 5th February 2015

MHB Attains 12-Month Pretax Profit Of RM119 Million

 Revenue of RM2.7 billion

 Profit before taxation of RM119 million

 Secured fabrication contract for NMB Bergading Complex and PCC contract for Besar-A


Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) is pleased to announce its financial results for the twelve (12) months ended 31 December 2014. The Group achieved a revenue of RM2,701 million with profit before tax of RM119 million.

For the financial year under review, MHB has successfully sailed away/ completed the following structures for our customers:

i) FPSO Cendor

ii) Tapis R Topsides and

iii) Kebabangan Topsides



MHB’s offshore business segment achieved an operating profit of RM65 million. The Group successfully completed and delivered the FPSO Cendor, Tapis R Topsides and KBB Topsides projects to our customers throughout the year. The Group is currently fabricating the Malikai EPC Tension Leg Platform (TLP), SK316 Central Processing Platform (CPP), Besar-A Topside and Jacket, and NMB Bergading Wellhead Platform (WHP) and Jacket.

MHB’s offshore business segment has also further refined its organisational structure to focus on higher productivity and efficiency. The new organisation comprises the establishment of a production centric unit focusing on production key performance indicators and a business centric unit having accountability of project delivery to our customers.

MHB’s marine business segment posted an operating profit of RM33 million amidst competition from regional repair players with higher capacity. A total of 103 projects were repaired and refurbished throughout the year. For the second time in its 40-year history, the Group recorded a full capacity of 15 vessels and rigs in its docks for repair and refurbishment works. This is the highest number of vessels and rigs occupying the West Yard simultaneously. The last full
capacity record was 14 vessels in 2003.

At the bottom line, MHB attained a net profit of RM130 million. Earnings per share (EPS) attributable to equity holders of MHB is 8.1 sen for the financial year ended 31 December 2014.

With ongoing investments in the yard optimisation programme, the Group’s property, plant and equipment have increased to RM1.6 billion. Total equity has increased to RM2.6 billion.



Ref:
http://www.mhb.com.my/resource/file/press-release/5-feb-2015.pdf



===

-

MHB TARGET PRICE REMAINS INTACT : 2.13 (RM)

Date: 05 FEB 2015

Ref: page of Section: SNAPSHOT OF STOCKS UNDER COVERAGE

http://eas.taonline.com.my/eas/dailybrief/res/rsh_complete.pdf



===

-

ZELAN position is "IN"

Ref:
http://eas.taonline.com.my/eas/dailybrief/res/rsh_complete.pdf (Dated 05 JAN 2015 Thursday, Section "Daily Money Flow of the Construction Sector" page 2 of 4)

===

0.35 alone the volume exceeded 2M with more than 70% buy rate !

-

Graphene NanoChem JV inks PlatDrill testing deal

Source: SMW

Graphene NanoChem joint venture Scomi-Platinum Sdn Bhd has signed an agreement with one of the world's top five international oil companies for the testing and evaluation of the PlatDrill Series.

Graphene NanoChem says the agreement with an IOC that operates across the entire oil and gas industry value chains and markets, marks a significant milestone of the phased expansion of PlatDrill into new regions.

The ongoing deployment of PlatDrill is gaining strong market traction within the south-east Asian region. It is the group's objective to expand the market share for PlatDrill and the agreement with an IOC supports the objective of the group in establishing presence and increasing sales worldwide.

The group expects the tests to be completed by Q4 2015, following which the potential for the commercial way forward will be discussed.

Graphene NanoChem chief executive Jespal Deol said: "I am delighted to announce thata leading IOC is formally assessing the potential of the PlatDrill Series. We have a unique technology platform that plays an important role in enabling faster drilling, reducing equipment downtime and improving output levels to drive down operating costs and that is why we believe many oil and gas players will be interested in what we have to offer."


Ref:

http://shares.telegraph.co.uk/news/article.php?id=4969880&epic=GRPH



===

volume for 0.35 alone is almost 6M, buy rate 96.90% !!

huge volume! 7 days high!

getting ready. hold tight!

it is charging up!

the buy q keeps on topping up, one batch finished another batch, batch by batch. watch out!

another wave is coming...

recap...

http://www.zelan.com/newsdetails.php?PageId=Ng==&subPageId=&NewsId=NTY=

===

zelan-wa resistance level 0.225 broken as well !, up trend very strong!

resistance 0.34 broken, up trend!

getting ready for the show...

strong and fast!

wow...

coming...

-

MHB TARGET PRICE : 2.13 (RM)


Ref: page of Section: SNAPSHOT OF STOCKS UNDER COVERAGE

http://eas.taonline.com.my/eas/dailybrief/res/rsh_complete.pdf



===

-

For Immediate Release
28 January 2015

Graphene NanoChem PLC

("Graphene NanoChem" or the "Group")

Approval of Manufacturing License for New JV Facility


Graphene NanoChem (AIM: GRPH), the performance nanochemicals and advanced materials company, is pleased to announce that Scomi-Platinum Sdn Bhd, its joint venture company, has been granted approval for a manufacturing license by Malaysia's Ministry of International Trade Industry for its planned nano-enhanced oilfield chemicals facility in Port Klang, Malaysia. The 45,000 MT per annum facility is targeted to come on line by 2016.

This milestone represents the latest ongoing progress of the development of the Group's joint venture partnership with Scomi Oiltools Sdn Bhd.



Ref:

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12229849.html

http://www.scomigroup.com.my/core/oilfield_intro.asp




===

-

Among Zelan’s most recently completed work is RM179.3mil worth of jobs involving berth and back of wharf construction at Pelabuhan Tanjung Pelepas in Johor, a port controlled by MMC.
It is currently working on a RM391.6mil job involving the construction of the Centre for Foundation Studies (Phase 3) at the International Islamic University Malaysia in Gambang, Pahang which should be completed by January 2016 on top of two subcontract packages at Tanjung Bin’s coal fired power plant in Johor.
The other two projects that the company should soon start work on are the Gombak Integrated Transport Terminal, Selangor and the construction of the Integrated Immigration, Custom, Quarantine and Security Complex in Kedah.

Ref: http://www.zelan.com/newsdetails.php?PageId=Ng==&subPageId=&NewsId=NTQ=

===

http://hafizmd.com/wpblog/zelan-berhad/

Vin Tan,

Ya.

Gearing levels for O&G Companies:

Details:

http://tefd.theedgemarkets.com/2015/FDsetia/FDsetia_20150123fiajin.pdf#page=17&zoom=auto,20,1138



---

-


Gearing levels for O&G Companies:

Details:

http://tefd.theedgemarkets.com/2015/FDsetia/FDsetia_20150123fiajin.pdf#page=17&zoom=auto,20,1138



---

-


News from Bloomberg
==================
Oil Surges as Saudi King’s Death Stokes Concern Over OPEC Policy


Details:

http://www.bloomberg.com/news/2015-01-22/oil-surges-after-saudi-media-reports-king-abdullah-s-death.html



---

-


News from Bloomberg
==================
Oil Surges as Saudi King’s Death Stokes Concern Over OPEC Policy


Details:

http://www.bloomberg.com/news/2015-01-22/oil-surges-after-saudi-media-reports-king-abdullah-s-death.html



---

-


News from Bloomberg
==================
Oil Surges as Saudi King’s Death Stokes Concern Over OPEC Policy


Details:

http://www.bloomberg.com/news/2015-01-22/oil-surges-after-saudi-media-reports-king-abdullah-s-death.html



---

MHB is a government linked company (via PETRONAS) and MHB has been paying dividends every year. So, is this piece of news indicating the dividend payout by MHB will be increased as well?

-

http://www.misc.com.my/Marine_-%E2%97%98-_Heavy_Engineering_Business-@-Marine_-%E2%97%98-_Heavy_Engineering_Business.aspx

---

-


■ Three shortlisted for US$1.5bn Kasawari contract

Three oil and gas companies - Hyundai Heavy Industries, a JV between Italy’s Saipem and SapuraKencana and a partnership between MHB (MMHE) and France's Technip have been prequalified for the US$1.5bn Kasawari Central Processing Platform (CPP) contract out to tender by Petronas.

More details:
http://singaporestockmarketnews.blogspot.com/2015/01/shipyards-oil-services-keppel-owed.html


---

--
(More details: http://en.wikipedia.org/wiki/Malaysia_Marine_and_Heavy_Engineering)

Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) is a Malaysian owned shipbuilding and heavy engineering industries company. It was formerly known as Malaysia Shipyard and Engineering Sdn Bhd. MHB has been long involved in oil and gas engineering and construction works.[1]

In March 2004, Malaysia International Shipping Corporation Bhd (MISC) increased its shareholding in MMHE to 65%, making it the majority shareholder of the Company.


---

--

MHB shareholders: EPF 3.52%, LEMBAGA TABUNG HAJI 6.31%, PNB 3.98%,
MAJORITY : MISC (main shareholders , PETRONAS)


---

-

MHB QUARTERLY IR UPDATES

http://www.mhb.com.my/resource/file/presentations/2014/MHB-201411-Quarterly-IR-Updates-3Q2014.pdf


---

-----------------------

Scomi Energy Services Gets RM175.4 Million Coal Contract From TNB
-----------------------

The LOA comes with an option for TNBF to extend it for another year.


More details : http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=1098730


-----------------------

....

Middle East respiratory syndrome coronavirus (MERS-CoV) – Saudi Arabia
......

Infection prevention and control measures are critical to prevent the possible spread of MERS-CoV in health care facilities. It is not always possible to identify patients with MERS-CoV early because like other respiratory infections, the early symptoms of MERS-CoV are non-specific. Therefore, health-care workers should always apply standard precautions consistently with all patients, regardless of their diagnosis. Droplet precautions should be added to the standard precautions when providing care to patients with symptoms of acute respiratory infection; contact precautions and eye protection should be added when caring for probable or confirmed cases of MERS-CoV infection; airborne precautions should be applied when performing aerosol generating procedures.

(News: http://www.who.int/csr/don/05-january-2015-mers/en/)

Ebola nurse treated in London as Sierra Leone rate rises

(http://news.yahoo.com/ebola-diagnosed-medical-worker-britain-official-191005468.html)

Ebola death toll rises to 7,842: WHO

(http://medicalxpress.com/news/2014-12-ebola-death-toll_1.html)

-

UTUSAN ONLINE 08 Disember 2014

KOTA BHARU 7 Dis. – Pelabuhan Tok Bali di Pasir Puteh bakal berkembang setapak lagi apabila ia dicadangkan menjadi pangkalan bekalan aktiviti sokongan luar pesisir dalam sektor minyak dan gas.

Menteri Perdagangan Antarabangsa dan Industri, Datuk Seri Mustapa Mohamed berkata, ini kerana Tok Bali mempunyai potensi besar sebagai pangkalan bekalan itu selepas Kemaman, Terengganu.

“Kita difahamkan Kemaman begitu pesat membangun dan padat untuk penambahan lain dan sebab itu Tok Bali mempunyai daya tarikan bagi dijadikan pangkalan sokongan ini.

“Ini kerana aktiviti carigali minyak dan gas di sempadan yang dekat dengan Tok Bali, membuatkan Tok Bali sesuai dijadikan pangkalan baharu,” katanya kepada pemberita selepas majlis makan malam meraikan 44 delegasi mewakili 29 syarikat minyak dan gas di sini, malam tadi.


"...peluang pekerjaan yang banyak akan terhasil dan ia juga akan menarik minat syarikat multinasional seperti Murphy Oil, Exxon-Mobil, Petronas, Haliburton dan Scomi."


Sumber: http://m.utusan.com.my/bisnes/korporat/pelabuhan-tok-bali-berpotensi-besar-1.33676





---------------------------------------------------------------------------------------------------------------

-
Dear Vin Tan, you are most welcome.

Hereby is another piece of news for SCOMI , 5 December 2014:

"Perusahaan Malaysia SCOMI Group Berminat Bangun Monorel di Palembang"
======================================================================

TRIBUNNEWS.COM, PALEMBANG - Perusahaan internasional asal Malaysia, SCOMI Group menyatakan minat untuk membangun rel kereta api jalur tunggal atau monorel di Kota Palembang.

Hal ini dinyatakan mereka usai pertemuan dengan Gubernur Sumsel, Alex Noerdin di ruang kerjanya, Kamis (4/12/2014).

Diungkapkan Kepala Dinas Ekonomi, Keuangan dan Pembangunan dari Pemerintah Provinsi (Pemprov) Sumsel, Ruslan Bahri, SCOMI Group mengunjungi Palembang setelah Pemprov Sumsel menyambangi beberapa hasil pekerjaan mereka dalam membangun transportasi.


SCOMI Group sudah membangun dua monorel di dunia, yakni di Mumbai dan Rio de Jeneiro di Brazil.


"Jenis yang sudah mereka bangun adalah monorel generasi kedua. Jadi tidak diragukan lagi kemampuannya," kata Ruslan saat dikonfirmasi usai pertemuan.


Pemprov Sumsel berencana membagi pembangunan monorel dalam dua koridor.

[Source: http://www.tribunnews.com/regional/2014/12/05/perusahaan-malaysia-scomi-group-berminat-bangun-monorel-di-palembang ]

------------------------------------------------------------------------

Dear yifie_911,

There is no one company and/or a project can guarantee profit.

In any project, ought to have calculated risks and liabilities as well as unpredictable circumstances, CAPEX, overhead, cycling time , tag time, direct and indirect cost, fixed and variable cost, Act of God and etc. in project/job costing, in order to mitigate the unnecessary losses.

In stock market, it is the future, stock price runs before the actual event.

Any news is just for the reference for investors who are also familiar with the fundamental and businesses of a particular company as well as future direction.

In stock market, price runs before the actual event AND each stock counter stock price performance will also has its individual own characteristic!

It also depends on if you are short term, mid term to long term investor , or just a contra player.

Unless you are interested in this SCOMI, otherwise you will not be wasting your precious time over here, in this SCOMI forum. For investors in this forum, they are looking for any good as well as bad news for this stock that they have already invested and holding, so that they may analyze, think and decide accordingly and timely with minimum mistakes.

Wish you all the best!

------------------------

--

Indian Prime Minister Narendra Modi and his Malaysian counterpart Najib Razak met in November in Myanmar during the summit of Asian leaders and discussed expanding bilateral economic relations. -

Scomi Group has built Mumbai’s monorail system and is bidding for a similar project in Chennai.

The Indian Ministry of Urban Development has given its approval for phase one of the 20.68-km monorail plan in Tamil Nadu’s capital.

- See more at: http://www.businessworld.in/news/economy/india/more-malaysian-firms-see-investment-opportunities-in-india/1648060/page-1.html#sthash.VgNiuNtX.dpuf

------------------------------------

signing of the contract tak jadi !!! sudah extend !

Details: http://www.bursamalaysia.com/market/listed-companies/company-announcements/1815341

Kensen is truly a good and mature investor with good analytical mind and manage to see things with calm and talk with factual data, this is what I have been observing in this SCOMI forum.

1. SCOMI businesses involved in good diversified balancing with monorails and O&G, as I had said earlier, SCOMI subsidiaries SCOMIES (O&G) and SCOMIEN (Monorail) looks stable. So yet why SCOMI do down so much? For sure SCOMI has been pushed down not because of O&G and Syariah Issues, but something else. and apparently is artificially and technical.

2. SCOMI top shareholders and directors are bumiputra muslims Dato Dato + Tan Sri Tan Sri, likewise SCOMI subsidiary SCOMIEN , If it is Syariah Issues, why SCOMIEN is stable? Think about it.

3. There are some other Syariah non-compliant companies in KLSE, why never dropped like hell? Who cares, a good investor is looking at if a company can make money, improving , and/or business and project is coming in, as well as management! SCOMI and SCOMIEN subsidiaries directors are similar related, then why SCOMI pushed down but not SCOMIEN? Think about it.

4. Good investor will look at the fundamentals of company with mature, not emotional (calm) and analytical mind, as well as talk with factual data with good vision.

From the latest qtr result report..
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1800325,' target='_blank'>http://www.bursamalaysia.com/market/listed-companies/company-announcements/1800325, http://www.bursamalaysia.com/market/listed-companies/company-announcements/1800373, http://www.bursamalaysia.com/market/listed-companies/company-announcements/1799985 )

The Total Revenue of SCOMI is RM463,226,000.00 (of which was contributed by SCOMIEN and SCOMIES with RM73,872,000.00 and RM389,354,000.00 respectively.)

The performance of SCOMIEN (has already been being a Syariah non-compliant before this) has been improving a lot and revenue contribution from SCOMIEN has been increasing up to 15.95% .


Overall, we can see
1. The price of SCOMIEN (has already been being a Syariah non-compliant before this) is pretty stable.

2. SCOMI subsidiary SCOMIEN is performing with improved results,

3. plus existing holding of 25 YEARS CONTRACT , http://mole.my/content/scomi-engineering%E2%80%99s-monorail-technology-power-sao-paulo%E2%80%99s-line-18 )

4. and more projects are coming up

SCOMI GROUP is in the running for the PDP job...
(not to forget that IJM is the substantial shareholder in SCOMI and PRASARANA has partnered with SCOMI GROUP before, details: https://www.youtube.com/watch?v=MJRIUSohZMw , https://www.youtube.com/watch?v=_NwMkx0tpxU )

Federal Government-owned public transport operator Syarikat Prasarana Negara Bhd (PRASARANA) is keen to participate in the Penang integrated transportation masterplan that is estimated to cost RM27bil.

More details: http://malaysiaretailnews.blogspot.com/2014/07/the-star-prasarana-joins-fray-on.html

http://web10.bernama.com/bernama/v7/bm/bu/newsbusiness.php?id=1088463

http://www.kinibiz.com/story/corporate/123979/chennai-monorail-okayed-scomi-wants-in.html

http://timesofindia.indiatimes.com/city/lucknow/Pie-in-the-sky-Monorail-from-Noida-to-Agra/articleshow/45264790.cms

http://www.business-standard.com/article/economy-policy/rs-3-267-cr-phase-i-tn-monorail-project-gets-nod-114112000801_1.html

Ghanshyam Sarda Signs Pact For Monorail Project . More details: http://ghanshyamsarda.blogspot.in/2014/11/ghanshyam-sarda-signs-pact-for-monorail.html

The guarantees from the Malaysian government
See more at: http://www.stockmarketwire.com/article/4897795/Graphene-NanoChem-JV-gets-debt-guarantee.html#sthash.gLVrzLLL.dpuf


AND notes from SCOMI report page16 of 20:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1800325

B3. Future prospects

The Group remains optimistic of benefiting from the growth in Oil & Gas exploration &
production activities, specifically in the South East Asia region, and the anticipated increase in
transportation infrastructure projects in Malaysia, Brazil and India.

Oilfield Services Division performance is expected to be positive in financial year 2015.
Indonesia and West Africa are expected to spearhead the growth, supported by other SouthEast
Asian operations, particularly Thailand and Malaysia. The division will focus on growing its
core business while continuously improving efficiency and service quality.

Marine Services Division has been affected by the scale-down of mining activities, where
production output has decreased due to lower coal prices. For the offshore division, the division
is working to improve the fleet utilization and add to its existing fleet via acquisition or
construction. The division continues to rationalize its operations to ensure cost optimization and
improve its profitability.

Transport Solutions Division continues to focus on project execution in its KL and Brazil
monorail projects and will endeavor to complete its portion of work on the Mumbai monorail
project within agreed timelines. Management continues to focus on stringent costs
management whilst taking measures to move the business forward and building up its order
book. Nevertheless, the division will continue to be challenged by project delays which are not
within its control and the volatility of exchange rates.



---------------------------

With refer to the Counters By Alphabet - S (Shariah Compliant) in BURSA MALAYSIA ONLINE :
http://www.bursamalaysia.com/market/securities/equities/prices/#/?filter=BS01&shariah_compliant=1&page=1&alphabet=S&



It is 7366 SCOMIEN not in Shariah Compliant BUT not 7158 SCOMI. (different counter)

7158 SCOMI is still in Shariah Compliant.


Treatment of Shari’ah Non-Compliant Securities is only applicable for investors who invest based on Shari'ah principles (especially muslim, islamic market).
Details: http://www.bursamalaysia.com/market/islamic-markets/education/treatment-of-shariah-non-compliant-securities/

Nonetheless, investors are allowed to hold their investment in the Shari'ah non-compliant securities if the market price of the said securities is below the original investment costs. It is also permissible to keep the dividends received during the holding period.