confirmed Listing tomorrow... selling pressure coming this afternoon...

Market can easily absorb the 100 mil excess shares.. not a big concern,,,

By looking at the data, there are not HUGE over supply shares, those who can profit by selling at the current price of 0.70, eg who bought OR. ONLY those got the EXCESS at 0.59 can make profit.. EXECESS available on RM100mil shares... NOT A BIG concern,,,

I was told by my banker that there is possibility the listing date being delay, e.g TSRCAP few month back... RIGHT ISSUE listing date dely.. possible?

people start selling today....

http://www.thestar.com.my/business/business-news/2016/07/27/marginal-oil-fields-still-viable/

SCOMI ENERGY is better bet than scomi..

Fundamentally the company has improved a lot in order to meet the BNM banking standard, eg the leverage ratio increase from 8% to above 12.5 %... BUT the supply of share is plently due to current right issue... Short term selling pressure...

the corporate exercise tend to be positive..

The RSC is cash cow biz... Hope it will not be cancelled.. As for the scomi's ophir RSC, there is no indication of cancelling. The ophir's RSC is being developed at a cost of RM35/pb.. Currently, Petra energy, Dayang and UZMA's RSC is till ongoing... This is all political biz... Scomi has PAK LAH whose is the adivisor of petronas now...

This right issue will raise RM1.7bil which is consider will give MBSB a new life.. Imagine the MBSB's market cap is only RM4.4bil..... SEEM good value..

hian949372.... i can say that MBSB is in the right directiron by cleaning the book now in order to bight it to the banking stardard by providing more loan impairment over 2016 and 2017.. This will pave the way for future merge or becoming a bank.. At this current price and the direction of MBSB, it seem a good MID TERM investment...

rumors of corporate exercise in scomi group coming ...scomi group, scomi energy and scomi engineering..

rumors of corporate exercise in scomi group coming ...

hian949372...To be more precise.. MBSB is working in the right direction after previous FAILED MERGE...

1) EPF already control RHB BANK... 2) U r right, CMY is very smart, but he is mid to long term investor, 3) Merges failed not bcos share price, failed becos the MBSB dont meet the BANK NEGARA BANKING standard, especially the loan provision, which MBSB is doing now till 2017..

Buyers are accumulating the shares...

NTA still positive... pls refer to bursa announcemen

any news ? tp 1.70??

Hng33, i can see your stock pick is mostly stock with fundamental.. GOOD stock pick..

Hng33, i agreed with u.. Have been in stock market for long... Limited capital and current uncertain market, seem ur strategy works.. trading, short and short term work quite well...

Hng33... good said... I can see your investment is quite good..

is the closing date payment extended to 21 july 2016?

NTA still positive... pls refer to bursa announcement

1) If there is no marine vessel, which has drag the result, scomies is making profit of RM50mil to RM60mil from the drilling business..2) As for the RSC field, the exploration break even cost is re negotiated at USD 30 to 35 per barrel.. IF the oil price stays at this current price of USD50, the RSC oil filed will be the next big contribution, the company expect 1st oil will be on 3rd QR..

Any rational.. i would like to share from u..

TQ hng33... i like ur style of investment... Too busy to analyse market recently.. Just upate me.. Any other stock u are looking at now? i feel it is time to slowly re enter the share market now.. GE election seem to be in 2017...

hng33.....OR at RM0.10 + RM0.59 = 0.69.. now mbsb is 0.72..morning low is 0.70.. not much margin ,,, any advise?

hng33, seem good bet,,, pls advise more,,

hng33.....OR at RM0.10 + RM0.59 = 0.69.. now mbsb is 0.72..morning low is 0.70.. not much margin ,,, any advise?

hng33.....OR at RM0.10 + RM0.59 = 0.69.. now mbsb is 0.72..morning low is 0.70.. not much margin ,,, any advise?

Oil and gas is on recovery path. There seem good value in scomies now. By the time the analyst upgrade the price, it will be very high price.. MAYBE RM0.30+ when analyst start to upgrade..

1) If there is no marine vessel, which has drag the result, scomies is making profit of RM50mil to RM60mil from the drilling business..2) As for the RSC field, the exploration break even cost is re negotiated at USD 30 to 35 per barrel.. IF the oil price stays at this current price of USD50, the RSC oil filed will be the next big contribution, the company expect 1st oil will be on 3rd QR..

Purposely Write down and impairment make the QR result loses RM40+mil,,, they "investor" is collecting... look funny, something must be going on...

Result released loses.. Buying seem strong.. Surprisingly....!!!!

1) If there is no marine vessel, which has drag the result, scomies is making profit of RM50mil to RM60mil from the drilling business..2) As for the RSC field, the exploration break even cost is re negotiated at USD 30 to 35 per barrel.. IF the oil price stays at this current price of USD50, the RSC oil filed will be the next big contribution, the company expect 1st oil will be on 3rd QR..

The main loses is from vessel and impairment.. The drilling still maintain profitable and the RSC field start to show little profit.. Cash flow is still positive and gearing in reducing to RM300mil ..

Deleum and UZMA don't do any write down,,, So they still show profit..

loses is due to impairment loses of about RM50mil, mainly for vessel impairment of RM40mil and stock write of RM10mil.. Core business still making profit.. It is just write down of asset value in most O&G industry..

From fundamental point, it is good buy for oil and gas... From technical point, the trend is up moving from bottom RM0.20+++

Based on the financial report, during this oil crash, the company still 1) remain profitable, 2) share is tarding at P/E of 9 times, 3) the debt has been reducing from RM500mil few years back to RM320mil current, 4) RSC with petronas is re-negotiated to RM30 to RM35 per barrel, 5) appointment of Badawi as petronas' adviser...

winmal- Hope i answer your questions..

It is a matter of time the stock will spike..

Based on the financial report, during this oil crash, the company still 1) remain profitable, 2) share is tarding at P/E of 9 times, 3) the debt has been reducing from RM500mil few years back to RM320mil current, 4) RSC with petronas is re-negotiated to RM30 to RM35 per barrel, 5) appointment of Badawi as petronas' adviser...

Construction stock seem under selling pressure lately due to the spike in building materials price, especially the steel price which has shoot up 40%...

scomies is oil and gas.. buy scomies, not scomi

buyers coming..

recently, there is some buying strength in scomi energy... price is trending up

recently, there is some buying strength in scomi energy... price is trending up

Buyer has been accumulating these days... Not much sellers now