April 2014 will be a good month. expect some good progress in upward trend for Scomies' share price with announcements the next growth phase coming from the HLG influence on better Management and corporate governance practices which means better profitability in the near future. After breaking target RM1.15 this week, next week target RM 1.20 - 1.30
No more 'cheap shares' to collect (below 1.05), those who sell now will not be able to buy back lower and will be forced to buy higher than 1.10 soon. WAHAHA...........
Foreign investors coming to KLSE. Oil Gas sector is the most attractive / preferred now. Big investors like QLC will turn Scomies into a well managed and highly profitable company- hence potential target price Rm1.50 before June
Market expected appointment of QLC or rept. to the board but did not materialised yet. Hence it appears they might sell now, as they are disappointed with the recent announcement- 'graphene' which could benefit Scomies after 2015. Possibly, may consolidate over next few days to digest the recent surge before the next uptrend.
This counter is rating buy by HLeB from the price of rm0.6x Recently in HLeB workshop in Ipoh, it technical analyser suggests to buy scomi as an alternative to scomi energy (risk on weather another cap will form and the price was ready up a lot). Will this really happen? it is interest to follow what will happen next.
scomies now grossly oversold and is poised for price recovery soon. Sellers have petered out and once bargain hunters move in, the next round of buying could potentially push it above RM1.30 and beyond.
Unlike the small cap shares which have their "bubble" pricked recently, Scomies is a good long term investment. Hence it should not have been "sold down". Investors buying on dips should be relative safe and make good capital gains in the foreseeable future. The clue is- if QLC and company can commit such a hugh investment, he must have seen the potential this company has.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
woo16899
196 posts
Posted by woo16899 > 2014-04-02 11:07 | Report Abuse
April 2014 will be a good month. expect some good progress in upward trend for Scomies' share price with announcements the next growth phase coming from the HLG influence on better Management and corporate governance practices which means better profitability in the near future. After breaking target RM1.15 this week, next week target RM 1.20 - 1.30