Posted by pathew > 2013-01-25 16:08 | Report Abuse

They are not proceeding with the awared of the RSC for Tembikai and Chenang means what? no one gets the deal?

Posted by KC Loh > 2013-01-25 16:09 | Report Abuse

yup

Posted by KC Loh > 2013-01-25 16:11 | Report Abuse

sense something funny, pathew? :)

Posted by pathew > 2013-01-25 16:13 | Report Abuse

KC, what's ur take on the reason behind putting this on hold? GE or waiting for SCOMI to get a new partner?

Posted by pathew > 2013-01-25 16:13 | Report Abuse

definitely smell a rat... A BIG ONE at that

Posted by KC Loh > 2013-01-25 16:19 | Report Abuse

spiteful! :)

Scomi said to go ahead and they didn't know what's the hold up or if Petronas has awarded to someone else : so it means Cue was still in. Daya material's offer is inferior to Scomi's from the source i gathered. with international operators present, i think Petronas cannot award to another with Scomi in all O&G's players' mind a foregone conclusion! So suddenly, cancelled! not surprising at all la!

all i can add is, thankfully the three awards from Qatar, Myanmar and Indonesia came. looks like the Scomimr restructuring can finally be completed (with or without Abu) and subject to IJM's entry! their financial muscles will be needed for the projects to continue!

Posted by KC Loh > 2013-01-25 16:22 | Report Abuse

but dont be surprised, one turn of event, and the RSC cluster is back on! :)

Posted by pathew > 2013-01-25 16:23 | Report Abuse

well, it's good that they have the 3 awarded projects bagged although share prices didn't budge from thereon...

i'm sticking around to see what kind of 'wind' can IJM bring in :)

Posted by KC Loh > 2013-01-25 16:25 | Report Abuse

deliberately kept low in case someone needs to mount an GO! i still expect surprise in the EGM seeing that Shah is still not certain and buying up the SGB warrants and shares

Posted by KC Loh > 2013-01-25 16:26 | Report Abuse

that's something you must expect when dealing with penny stocks! turbulence already foretold in 2012! better than Mayan calendar!

Posted by pathew > 2013-01-25 16:28 | Report Abuse

Well, IMO, IJM must have sweetened the deal for Abu to stay quiet :)
Although we won't know who else will rock the boat henceforth!

Posted by KC Loh > 2013-01-25 16:29 | Report Abuse

you are the consultant, i believe in you! :)

Posted by pathew > 2013-01-25 16:31 | Report Abuse

which one? rocking the boat or sweetening the deal? :D

Posted by KC Loh > 2013-01-25 16:33 | Report Abuse

must be that rocket fella rocking the boat! :)

Posted by pathew > 2013-01-25 16:35 | Report Abuse

rocket, sell to me 30/31sen!!

Posted by KC Loh > 2013-01-25 16:44 | Report Abuse

i think those who bought Daya thinking that Scomi is out of the race also kena from this hoax of a RSC. but Daya should be a beneficiary of Petronas 300bn capex. Selling already begin i see!

Posted by pathew > 2013-01-25 16:59 | Report Abuse

Daya hoax? well, i cashed out with a small profit:) not complaining although i'm quite sure they'll get something from Petronas in due time

Posted by KC Loh > 2013-01-25 17:03 | Report Abuse

correction: hoax of a RSC. read! :)

Posted by pathew > 2013-01-25 17:07 | Report Abuse

Thanks for the correction :)

Posted by KC Loh > 2013-01-25 17:09 | Report Abuse

told you, rocket rocking the boat by selling right? LOL

Posted by rocket > 2013-01-25 17:15 | Report Abuse

KC , I wish I can but what can a small drop on rain can do to rock the boat?:)

Posted by KC Loh > 2013-01-25 17:44 | Report Abuse

CDS leaked. rocket big player! :)

Posted by King Kong73 > 2013-01-25 17:58 | Report Abuse

blardy ell

Posted by rocket > 2013-01-25 18:25 | Report Abuse

??? What is CDS ?

Posted by King Kong73 > 2013-01-25 18:30 | Report Abuse

hahaha...rocket ..you are funny..

Posted by KC Loh > 2013-01-25 18:46 | Report Abuse

and speaking of Daya Materials

http://biz.thestar.com.my/news/story.asp?file=/2013/1/25/business/20130125184517&sec=business

Posted by buybackma > 2013-01-26 01:44 | Report Abuse

haiya this rocket hah talking like know everything suddenly ask us what is CDS.. hikhik..cannot smiles..

Posted by rocket > 2013-01-26 12:54 | Report Abuse

http://nanyang.com/node/507174?tid=460
My sincere apologise to buybackma if any of my posting has misleaded u that I know everything . I am a slow learner n a beginner . Pls show me n I will delete it immediately.
Again, thank you ..:)

Posted by pathew > 2013-01-26 12:58 | Report Abuse

Rocket, sold all scomi already? Retailers letting go means someone is gonna accumulate more...hint hint:)

Posted by rocket > 2013-01-26 13:23 | Report Abuse

Pathew, no lah .. Just joking only . I'm still holding it :)