SCOMI ENERGY SERVICES BHD

KLSE (MYR): SCOMIES (7045)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


19 people like this.

4,833 comment(s). Last comment by chinaman 4 days ago

winmal

1,128 posts

Posted by winmal > 2019-08-09 15:25 | Report Abuse

volume surge , unusually move

SK1200

857 posts

Posted by SK1200 > 2019-08-14 14:38 | Report Abuse

Volume coming..2nd wave will hit..

7300

2,152 posts

Posted by 7300 > 2019-08-14 21:26 | Report Abuse

T800......apa sah mau tunggu dungu.....engine warm out...above 10 sen tomorrow

Posted by T800Terminator > 2019-08-14 22:57 | Report Abuse

Yake. DJ down 500pct. World market sentimental not good. Tomorrow 0.085 la.

7300

2,152 posts

Posted by 7300 > 2019-08-15 10:02 | Report Abuse

sunrise counter,u cant get :))

7300

2,152 posts

Posted by 7300 > 2019-08-15 10:04 | Report Abuse

u go short glove counters

7300

2,152 posts

Posted by 7300 > 2019-08-15 10:12 | Report Abuse

T7global,return of Mr Bonking :))

7300

2,152 posts

Posted by 7300 > 2019-08-15 16:13 | Report Abuse

told u edi,.......77777,Mr Bonking want give monies :)

tangen1985

559 posts

Posted by tangen1985 > 2019-08-18 16:30 | Report Abuse

Haiyaa.....lagi turun ke.....see 2morow rebound & ready for action

tangen1985

559 posts

Posted by tangen1985 > 2019-08-26 13:21 | Report Abuse

Haiyaa.....turun lagi...

7300

2,152 posts

Posted by 7300 > 2019-08-26 14:41 | Report Abuse

susah...QR delayed,rugi?

tangen1985

559 posts

Posted by tangen1985 > 2019-08-26 16:33 | Report Abuse

QR...Lost lagi ka ??? Haiya x la ong this kaunter ma

SK1200

857 posts

Posted by SK1200 > 2019-08-29 16:10 | Report Abuse

Low volume with unchanged price..good sign..will rebound soon.

tangen1985

559 posts

Posted by tangen1985 > 2019-08-29 18:39 | Report Abuse

Rebound ......rebonding rambut kot

Posted by andychay6124 > 2019-08-30 21:38 | Report Abuse

Gg liao

Posted by T800Terminator > 2019-08-30 21:41 | Report Abuse

Back to 0.065 or lower?

freeman

429 posts

Posted by freeman > 2019-09-16 23:39 | Report Abuse

Saudi oil production was bombed..
Brent up 20% maybe back over 70
Expect o&g to rally

fl888

7,693 posts

Posted by fl888 > 2019-09-17 08:00 | Report Abuse

Today up 20% also.?

Drybz

50 posts

Posted by Drybz > 2019-09-19 12:35 | Report Abuse

something is coming?

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-19 12:46 |

Post removed.Why?

sandrakkc

1,014 posts

Posted by sandrakkc > 2019-09-19 13:34 | Report Abuse

Calvin, you're the man

beLIEve

207 posts

Posted by beLIEve > 2019-09-19 15:35 | Report Abuse

years ago the NTA was close to $1. It's been burning cash till now. If oil price don't recover to ~$100, it'll be difficult.

I knew NTA was below share price all these while. But looking at the NTA going down for years, I avoid.

winmal

1,128 posts

Posted by winmal > 2019-09-19 16:37 | Report Abuse

after book clearing process, indeed scomies will slowly trend high. good luck everyone

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-19 16:41 | Report Abuse

SCOMIES OVER DEGRADE THEIR ASSET AND BOOK VALUE

IF YOU DON'T CHECK AND DOUBLE CHECK YOU WILL THINK NTA HAS DETERIORATED

ACTUALLY SCOMIES IS FULL OF HIDDEN VALUE LIKE SLEEPY BADAWI

THOUGH BADAWI WAS A SLEEPY PM HE DIDN'T STEAL MONEY

ALL THE HIDDEN JEWELS OF SCOMIES ARE STILL THERE

LET CALVIN UNEARTH THEM ONE BY ONE LATER

FOR NOW JUST BUY AS MUCH AS YOU CAN FIRST

winmal

1,128 posts

Posted by winmal > 2019-09-19 16:49 | Report Abuse

Share price traded too low.

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-19 18:16 | Report Abuse

Winmal is correct!

Precisely Scomi Energy share price is so undervalue and neglected that it caught my attention

1. Scomies has high net assets still listed at ancient book value
The 5 storey shophouses in Petaling Jaya has a book value of only Rm170k.

If revalued it should be Rm4 millions to Rm5 millions today.

2. It has Rm67 millions cash after considering it's borrowings were hedged by asset backing

3. It has Rm50 millions lent to Scomi

4. And it secured a fresh rm610 millions job from Kuwait

All these point to a very grossly overlooked and undervalue gem

How could Calvin miss?

freeman

429 posts

Posted by freeman > 2019-09-19 19:21 | Report Abuse

last 2 years scomies has writen off huge amount of asset, on the advice of fair value accounting basis just because o&g slow down.. that contributes to low NTA

freeman

429 posts

Posted by freeman > 2019-09-19 19:23 | Report Abuse

when this kind of rally happen.. it would normally splash over to tomorrow morning at least

winmal

1,128 posts

Posted by winmal > 2019-09-19 19:31 | Report Abuse

furthermore his CEO bought at 0.105, as today closed price just 0.09. Indeed CEO is confident scomies business prospect in future

winmal

1,128 posts

Posted by winmal > 2019-09-19 23:02 | Report Abuse

scomies have retreat from recently high of 0.135, today price of 0.09 is safe bit.

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-20 01:01 | Report Abuse

VERY GOOD NEWS FOR SCOMIES

SAUDI NOT ENOUGH OIL MUST IMPORT FROM OTHERS

SCOMIES DRILLING OIL BUSINESS IN KUWAIT NOW IN DEMAND BY SAUDI

OIL TANKERS ARE ALL WAITING TO FILL UP BACK ORDERS

See

https://www.wsj.com/articles/to-keep-exports-flowing-saudi-arabia-looks-to-import-oil-11568885401

Drybz

50 posts

Posted by Drybz > 2019-09-20 08:17 | Report Abuse

nothing announced, looks like pure goreng stuff happening now

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-20 08:59 | Report Abuse

Nothing in the world is so powerful like an idea whose time has come

Scomies - the young oil and bull laggard stock has now been awakened

THE more Calvin studies Scomi Energy the more Calvin wants to buy more of its shares

Yessss!!

Calvin will sell other stocks and SWITCH INTO SCOMIES KAW KAW!!

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-20 09:01 | Report Abuse

Eagle sees first
Followed by other raptors or flying birds
Then chicken on the earth see nothing until too late

All the bullish signs point to a powerful rally for Scomi Energy!!!

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-20 09:04 | Report Abuse

Scomi Energy has a very clean balance sheet
Borrowings all backed by assets

Has Cash of Rm67 millions

Scomies lent scomi mother Rm50 millions

Job awarded in hand Rm610 millions

As clean a balance sheet as Penergy but now look very very undervalue due to masses not bothering to read up

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-20 09:18 | Report Abuse

All the property assets listed in Annual Reports are at original purchase or even depreciated prices?

AND 2 property real estate assets have a "blank" value?

One 5 storey shophouses in Selangor with freehold status and total built up area of 11,000 sq ft has an amazing low value of Rm170k

A 5 Storey shops for Rm170k. For that price you can't even get a low cost house now in pj

Scomies at 9 sen is like a 5 storey shop going for Rm170k?

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-20 09:27 | Report Abuse

But the best of all is

THE HUGE MARGIN OF SAFETY IN SCOMIES

OF ALL OIL AND GAS STOCKS SCOMIES NOW HAS THE MOST DEFENSIVE PRICE TO ASSET VALUE

SELLING AT BELOW 11.2 SEN WHICH IS THE BUFFER BY BEN GRAHAM RULE

30% DISCOUNT FROM 16 SEN = 11.2 SEN

SO ANYTHING BELOW 10 SEN FOR SCOMIES JUST BUY AND HOLD

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-20 09:33 | Report Abuse

And these are the defensive qualities

1. Scomies versus Alam Maritin
Scomies assets are freehold lands, freehold industriand lands, freehold shophouses

These freehold lands are near Sepang Airport still at Old book value

Whereas Alam Martin has no property assets. Its assets are in the open sea and under the sea for more than 5 to 10 years
Horrible exposure to seawater and the elements for so many idle years when Petronas never give jobs

So the assets of Scomies are superior and of immense value now

This is the 1st line of defense

Assets can be sold and use to pay debts
Assets can also be sold and use as capital
Assets can also be converted to cash and be given back as cash payout to shareholders

AND this was what Scomies did

Scomies gave an 18.5 sen cash payout not too long ago

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-20 09:36 | Report Abuse

2nd line of defense for Scomies

It has assets of high value in Scomi drilling oil bought for over RM1 Billions. Now coming in handy as many oil drilling projects are planned and launched due to Saudi being bombed

Already won a Rm600 millions drilling oil supply to Kuwait
And more to come
All the borrowings are backed by assets

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-20 09:40 | Report Abuse

3rd line of defense

Scomies has Rm67 millions cash
Scomies lent scomi mother Rm50 millions

So many are in deep deep trouble with depleted and negative cash like data, sumatech, Perisai, thheavy, perdana, barakah others still surviving but with high high debts like sapura energy and bumi armada. For sapenergy and bumi armada the huge debt load run into Rm8 billions to Rm10 billions

So Scomies outshine all

Yes

THE HIDDEN GEM OF O&G BULL RUN = SCOMI ENERGY

Posted by BIGAPETITE > 2019-09-20 09:49 | Report Abuse

CONTRACT AWARDED BY KUWAIT IS THE TESTIMENT OF SCOMIES EXPERTISE IN DRILLING SERVICES SOLUTION PROVIDER NOT ONLY IN DOMESTIC BUT GLOBAL MARKET RECOGNISED BY OIL AND GAS INDUSRTY.

ON THE LOCAL FRONT, SCOMIES HAVE ENTERED INTO JV IN COLLABORATION WITH PETRONAS IN THE RESEARCH AND DEVELOPMENT AND MARKETING OF ITS DRILLING CHEMICAL LIQUIDS SOLUTIONS IN ANTICIPATION OF DRILLING ACTIVITIES TO PICK UP MOMENTUM IN RELATION TO PETRONAS COMMITTMENT TO INCREASE ITS EXPLORATION ON OIL FIELDS OFFSHORE

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-20 13:58 | Report Abuse

GOOD NEWS FROM PETRONAS

Petronas posted RM121bil revenue, net profit at RM28.9bil for 1H


NET PROFIT UP 9%

https://www.nst.com.my/business/2019/09/522878/petronas-posted-rm121bil-revenue-net-profit-rm289bil-1h

Posted by Miz Raya Bloom > 2019-09-20 14:56 | Report Abuse

scomies up cun cun

Posted by Miz Raya Bloom > 2019-09-20 14:58 | Report Abuse

lama ku pegang scomies ni baru jalan

7300

2,152 posts

Posted by 7300 > 2019-09-20 15:04 | Report Abuse

after being Mr Bond 007, now another armada, only see teacher run naked

7300

2,152 posts

Posted by 7300 > 2019-09-20 15:09 | Report Abuse

follow right banker golden fingers,sleep also eat lobster swiss golden roll$$$

7300

2,152 posts

Posted by 7300 > 2019-09-20 15:16 | Report Abuse

Vsolar q for .08, this one banker a bit pondan

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-20 15:50 |

Post removed.Why?

freeman

429 posts

Posted by freeman > 2019-09-20 16:20 | Report Abuse

Any news?

Posted by Noobster2019 > 2019-09-20 16:32 | Report Abuse

i bought at 11.5cents.. why i always buy at late.. inform me earlier please.. hehehe

Post a Comment
Market Buzz