Posted by value_invest > 2016-04-21 14:47 | Report Abuse

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

Posted by winmal > 2016-04-25 12:06 | Report Abuse

this stock got selling pressure nor easy to go up

Posted by winmal > 2016-04-28 12:23 | Report Abuse

value_investor show us figure fact why Scomies more valuable compare oil n gas companies

Posted by value_invest > 2016-04-28 14:50 | Report Abuse

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...

Posted by value_invest > 2016-04-28 14:50 | Report Abuse

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

Posted by familybusiness > 2016-04-28 14:52 | Report Abuse

when can fly??? petronas adviser please do something on your own company

Posted by value_invest > 2016-04-28 15:02 | Report Abuse

winmal- Hope i answer your questions..

Posted by winmal > 2016-05-09 10:49 | Report Abuse

the share price is not sustainable althought oil price up from USD30 to USD 45. not confidence to hold, secondly whether coming quarter reports got impairment provision or not??

Posted by NoPainNoGain > 2016-05-11 16:10 | Report Abuse

Been watching this..despite many counter people have confident to buy up today, this despite the sell queue volume low, most decide to just sell than hold. Does not seems good.

Posted by winmal > 2016-05-11 16:48 | Report Abuse

Likely to see this counter to break lower soon, could be quarter report is not good

Posted by winmal > 2016-05-11 16:49 | Report Abuse

saving more for raining day to come,...

Posted by winmal > 2016-05-24 11:38 | Report Abuse

reporting from OG sector no so good.... UMWOG loss 63mil, Perisai loss 4mil...

Posted by NoPainNoGain > 2016-05-31 09:27 | Report Abuse

How high are the chances this qtr result will be better than last year same qtr?

Posted by koyokui > 2016-05-31 15:13 | Report Abuse

Buy scomies tp 40sen

Posted by chinaman > 2016-05-31 19:53 | Report Abuse

scomies loss myr37Million for 4th qtr ended march, 2016

Posted by _OptimusPrime_ > 2016-05-31 19:56 | Report Abuse

How can sell lubricant incur loss?

Posted by chinaman > 2016-05-31 20:01 | Report Abuse

most loss from marine vessels idlying with no jobs. it also lost tenaga coal transport job. it's time that there must be consolidation with M&A for long term survival of O&G industry.

Posted by chinaman > 2016-05-31 20:03 | Report Abuse

scomi energy's closest competitors deleum & UZMA somehow declare amazing profit. I guess scomi energy should just let them take over

Posted by _OptimusPrime_ > 2016-05-31 20:05 | Report Abuse

I have phobia on all bolehland oil n gas stock.
They are all walking dead.

Posted by value_invest > 2016-05-31 22:58 | Report Abuse

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..

Posted by value_invest > 2016-05-31 22:59 | Report Abuse

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

Posted by fhis > 2016-06-01 02:49 | Report Abuse

True...the earlier the write down the better as next qtr will show much better results as no more writedown to do..So I guess will be good to take chances of tomorrow down to accumulate some scomies.. JUST MY 2 cents....

Posted by NoPainNoGain > 2016-06-01 10:09 | Report Abuse

Announce loss 30mil plus but price maintain steadily..not just that,people still buy up..hmm..

Posted by winmal > 2016-06-01 10:45 | Report Abuse

why don't Scomies focus on core business, divest Marine business to pare down the loan n start paying dividend.

Posted by value_invest > 2016-06-01 16:08 | Report Abuse

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 ..

Posted by value_invest > 2016-06-01 17:47 | Report Abuse

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..

Posted by winmal > 2016-06-01 18:16 | Report Abuse

indeed scomies might out of bottom... looking like good support at 0,205 ..

Posted by value_invest > 2016-06-02 14:53 | Report Abuse

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

Posted by NoPainNoGain > 2016-06-02 15:20 | Report Abuse

This is so tempting to buy more..felt weird since yesterday as typically price will drop fast after comp announce losses.

Posted by value_invest > 2016-06-02 15:26 | Report Abuse

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

Posted by davidkkw79 > 2016-06-07 10:03 | Report Abuse

http://klse.i3investor.com/blogs/sin_chew_hot_stocks/97950.jsp , better run !

Posted by winmal > 2016-06-08 10:38 | Report Abuse

Call HLG now 0.19 but ask you to hold?? but currently trade at 0.22. its shown good premium to take profit.. whose buy at 0.215-0.22 if valuation only 0.19 as posted by HLG????

Posted by winmal > 2016-06-08 10:53 | Report Abuse

any price below 0.21 i will start buying....good luck

Posted by value_invest > 2016-06-08 12:31 | Report Abuse

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..

Posted by value_invest > 2016-06-08 12:35 | Report Abuse

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..

Posted by luckyman > 2016-06-21 11:09 | Report Abuse

Scomies will perform well in the long run since it is effectively owned by IJM. Just have to wait a little longer for people to change their view on the industry and oil price outlook.

Posted by winmal > 2016-06-27 13:07 | Report Abuse

scomies not for contra player.. whose bought scomies basically they look for fundamental value. good luck

Posted by nippy65 > 2016-06-28 15:22 | Report Abuse

Are there still fundamental value left in Scomies ?

Posted by value_invest > 2016-07-01 15:53 | Report Abuse

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..

Posted by Angielim9955 > 2016-07-11 20:22 | Report Abuse

who is buying scomies ? can share

Posted by value_invest > 2016-07-12 16:02 | Report Abuse

NTA still positive... pls refer to bursa announcement

Posted by value_invest > 2016-07-18 17:10 | Report Abuse

rumors of corporate exercise in scomi group coming ...

Posted by value_invest > 2016-07-27 11:39 | Report Abuse

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

Posted by winmal > 2016-07-27 16:43 | Report Abuse

First oil production by end this year... indeed the profit will double

Posted by newbie18 > 2016-07-30 04:46 | Report Abuse

Not 2017 2nd half? So how next QR can be better than last QR -ve QR?
http://klse.i3investor.com/servlets/stk/fin/7045.jsp

In its 2016 annual report issued yesterday, Scomi Energy said first oil production from the Ophir project would likely be achieved in the second half of next year.

winmal First oil production by end this year... indeed the profit will double
27/07/2016 16:43

Posted by winmal > 2016-08-01 12:22 | Report Abuse

Scomies new financial year 2017 commencing Apr'-Jun'16 is Q1. so when they reported first production second half 2017. are they shown us the first oil production based on reporting Quarter result or actual next year production time...

Posted by winmal > 2016-08-01 12:23 | Report Abuse

Based on reporting period first oil should be end this year. otherwise not

Posted by valueinvestor > 2016-08-01 21:20 | Report Abuse

Oilfield Services (Extraxt from Annual Report)

SESB successfully secured contracts for its oilfield services
valued at over USD140 million in FY2016. The contracts
are for jobs secured in SESB’s markets in Asia Pacific, West
Africa, Turkmenistan and the Middle East.

Furthermore, the Company’s tendering activity remained
robust with over USD700 million of bids submitted in
FY2016. We are cautiously optimistic to receive more
awards as oil prices stabilise. In addition, our current order
book stands at over USD1.0 billion, providing us with
revenue visibility for the upcoming financial year.

In spite of prevailing market conditions, the Company
has made significant progress with its new and efficient
products. PlatDrill R, a green base oil was successfully
tested in an offshore field in Myanmar. It passed tests on
toxicity, heavy metal, biodegradability, skin irritation and
static sheen. It also achieved an average of 35% faster rate
of penetration. With these positive results, PlatDrill R could
be introduced further into other drilling campaigns in
Myanmar and other regions.

Whilst the present uncertainty remains, the cyclical
economic environment however lends the belief that
a positive, brighter outlook can be foreseen. With the
cooperation from all parties within the SESB family and
strong fundamentals, we believe that the Company is
in good stead to remain competitive and weather the
conditions.

Posted by winmal > 2016-08-02 10:38 | Report Abuse

recently sell down from Caprice Capital from 73million to 52million cause the price pressure from 0.28 to 0.20 now... Positive news is Quek through Quek Kon Sean collective bought in 5million share in 2016

Posted by value_invest > 2016-08-10 09:20 | Report Abuse

Somethings is coming...