SCOMI ENERGY SERVICES BHD

KLSE (MYR): SCOMIES (7045)

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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

Posted by BIGAPETITE > 2019-09-23 12:42 | Report Abuse

another contract won will put scomies even 'luckier' , don't discount the possibilities

Sales

3,262 posts

Posted by Sales > 2019-09-23 13:47 | Report Abuse

Calvin, you don't everytime talk chun chun, we follow your buy call chun chun in Destini. Now the price is 0.20, later will go down to less than 0.20sen

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-23 14:02 | Report Abuse

Posted by Sales > Sep 23, 2019 1:47 PM | Report Abuse

Calvin, you don't everytime talk chun chun, we follow your buy call chun chun in Destini. Now the price is 0.20, later will go down to less than 0.20sen

DESTINI DEPENDS ON THESE 3
1) ECRL (Now still waiting)
2) Aerospace
3) OGSE support (Wait for Petronas Job awward)

There are many shares with great potential
Only catalyst can unlock value

For Scomies it is the contract with Kuwait Oil Corp for Rm610 mil Plus the sudden increase of oil drilling caused by bombing in Saudi that will spur sales

Posted by Noobster2019 > 2019-09-23 15:18 | Report Abuse

hmm? who panic? learn from u.. no need to panic.. coz u know it will be up.. let the haters hate coz they cant earn..

dmksn

686 posts

Posted by dmksn > 2019-09-23 15:23 | Report Abuse

Evening star ! Run !!

Posted by Noobster2019 > 2019-09-23 15:26 | Report Abuse

whats evening star?

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-23 15:26 | Report Abuse

Scomies fundamental very strong

Will go up some more

winmal

1,128 posts

Posted by winmal > 2019-09-23 15:57 | Report Abuse

many stil suspecting, scomies will go up further.

Drybz

50 posts

Posted by Drybz > 2019-09-23 17:55 | Report Abuse

taken profit, thanks calvin

winmal

1,128 posts

Posted by winmal > 2019-09-23 18:41 | Report Abuse

normally price retreat, as many taking profit after 2 days rally.

iswara

896 posts

Posted by iswara > 2019-09-23 18:57 | Report Abuse

if the ahare price continue up tomorrow, that candle stick is not call "Evening star"!

Drybz

50 posts

Posted by Drybz > 2019-09-23 19:46 | Report Abuse

Yes, coz worry it’s 2 days show, if price close higher tomoro or break .14 then only likely consider. Hope those that still in get a better earning

Everhappy

252 posts

Posted by Everhappy > 2019-09-23 20:00 | Report Abuse

Hoping tomorow will get new high 0.14

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-23 23:12 |

Post removed.Why?

William Ng

893 posts

Posted by William Ng > 2019-09-24 08:35 | Report Abuse

Danger

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 08:36 | Report Abuse

All the positives in Scomies now are now surfacing

This hidden gem of great value has be hidden and unknown for far too long

All have overlooked these

1. The assets listed in Scomies book value are at rock bottom prices

One 5 storey freehold shophouses in pj only has a book value of rm170k when it should be revalued at Rm6 millions current market value.

One piece of land was valued at Rm10,800. Land size about 2000 sq ft
After a building has been erected on the said land about 10,000 sq ft or about 5x or 5 storey

How come this said expty land has a book value of Rm10,800 but after a 5 storey building is constructed on it the value evaporates to "zero"

A very very care reading shows the space for pricing is just a "blank"?

Amazing indeed. How come Scomies auditor could give that a miss?

What about the Sepang 3 plots of freehold lands which have a Book value of only Rm2.20 per SQ feet?

Scomies is even more undervalue than karambunai's lands in Malaysian Vision Valley which was taken private at 11 sen per shares

Karambunai lands got only leasehold status while Scomies ones are freehold

How come kbunai with only 4 pieces of lands and a neglected resort is worth 11 sen while Scomies got even cheaper assets of better value plus world beating drilling fluid oil business worth only a mere 12 sen

Amazing undervaluation indeed

How could Calvin miss?

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 08:46 | Report Abuse

Scomies drilling fluid is made with German technology. German technology can rival the Japanese just as German cars are more superior than Jap made cars

BMW, Mercedes and Audi are better than Honda, Toyota and Nissan. So Scomies drilling fluid with German tech is world class

Kuwait has just signed a supply contract worth Rm610 millions with Scomies. Saudi is having jv with Kuwait for oil extraction. If Saudi aramco discovers this exceptional nature and quality of scomies biodegradable drilling fluid and appoint scomies as it's main supplier then Scomies share price will go through the roof.

Unlike other conventional drilling fluid scomies ones are made from palm kernel oil which is biodegradable and can be safely discharged into the world's oceans

And Malaysia has palm oil trees in abundance.
No other country except Indonesia has so many palm oil trees in the world

Just as fresh rubber latex made Malaysian Glove companies like topglove, kossan and supermax world beaters so bio drilling fluid by Scomies will also make it a world beaters as it has already captured 10% of the world's market share

winmal

1,128 posts

Posted by winmal > 2019-09-24 08:48 | Report Abuse

many OG counters have been up more few hundred %, BUT scomies still hover around this level. don't miss this laggard OG stock. Good Luck.

winmal

1,128 posts

Posted by winmal > 2019-09-24 08:52 | Report Abuse

Now many are curiosity of scomies have rally for few days . reluctant to accept scomies will go up again.

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 08:54 | Report Abuse

Increasing demand for scomies drilling fluid due to

1. Petronas has increased oil rigs from 18 to 28 this year or an increase of 55%
So more demand for drilling oil

Drilling oil is needed to reduce friction and help lubrication in drilling process just as engine oil helps cool down the car engines

2. Petchem has even signed two jv agreement with Scomies this year

3. And the best news for Scomies is the increasing prospect of additional increase of oil drilling rigs for year 2019 compared to year 2018. And this news was in March 2019 long before Saudi oil fields got attacked

4. Now that Saudi oil fields have been bombed there will be a mad stampede for new oil exploration and drilling. This will be a booster to Scomies

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 08:59 | Report Abuse

With foresight of deep hidden value plus better prospects ahead of scomies even scomies own CEO has bought 1.8 million shares at 10.5 sen for the 1st time with his own personal money

If he is willing to commit buying at 10.5 sen from open market (not esos) how much do you think he expects scomies price to go up?

10%?
20%?
50%?
100%?

Or 300%

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 09:58 | Report Abuse

No I didn't take profit on Scomies

I took profit too early on carimin after buying it at 39 sen

Carimin today crossed Rm1. 00 and people still chasing it.

So I had learnt my lesson.
Carimin got no secret weapon like Scomies
Scomies has the world class world beating drilling fluid made from palm kernel oil

Once scomies fly over 20 sen those who sell now will regret deeply

So hold tightly every scomies shares

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-09-24 09:59 | Report Abuse

good

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 10:00 | Report Abuse

I prepare to buy more scomies on weakness

I will sell other shares and switch more to scomies if scomies retrace further

Will76

591 posts

Posted by Will76 > 2019-09-24 10:08 | Report Abuse

SCOMI ENERGY

Q1 2019 NET LOSS = 42.8MIL
Q2 2019 NET LOSS = 61.8MIL

Q2 NET LOSS BIGGER THAN Q1 NET LOSS & BACK-TO-BACK NET LOSS!

SUPER BAD!!

COMING Q3 2019 ANOTHER BIG NET LOSS?

FoolsGold

654 posts

Posted by FoolsGold > 2019-09-24 10:19 | Report Abuse

R..U..N... while still can...

FoolsGold

654 posts

Posted by FoolsGold > 2019-09-24 10:20 | Report Abuse

look at maybulk, uzma...for those waiting for the windfall..

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 10:21 | Report Abuse

No loss if you take out rm72 millions one off impairments

Actual operating profit was Rm38. 8 millions

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 10:25 | Report Abuse

Found a gold mine?

STICK with it

Or else some day, some place, some itchy leg?

Might step on a landmine

Example:

Last time Calvin called for a buy on Pm Corp at 15 sen

Others saw only the surface report of losses in Pm Corp but do not study its balance sheet

So they ran from pm Corp and?

AND went to buy patimas

Pm Corp the gold mine gone up 3 times to cross 30 sen for 100% gain

Patimas on the other hand gone bankrupt and got delisted

Calvin expects Scomies just like Carimin my chun chun call to make at least 100%

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 10:27 | Report Abuse

My friends just whataspp Calvin to say they happily added more at 11.5 sen

With such clarity given for this hidden gem of great precious value still got ignorant people selling at 11.5 sen?

So don't miss the opportunity to load up

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 10:48 | Report Abuse

Perfectly OK lah

Ceo pun beli 1.8 juta harga dia 10.5 sen

Itu hari naik sampai 14 sen dia pun tak jual

Apakah mau takut Kalau satu hari scomies bolih sampai 30 puluh sen?

Kalau ada wang sekarang hanya 11 sen bolih tambah beli Dan simpan kuat kuat

sandrakkc

1,014 posts

Posted by sandrakkc > 2019-09-24 10:53 | Report Abuse

I made a tidy sum on paper now, but I'd hold out for it to cross 20. Very soon once the weak holders are cleared. Calvin CHUN CHUN..

winmal

1,128 posts

Posted by winmal > 2019-09-24 10:58 | Report Abuse

many are taking profit.....

Hawk Eye

158 posts

Posted by Hawk Eye > 2019-09-24 11:15 | Report Abuse

ohaa....save the money...as Money life research suggested tgt 0.11 sell slot and save money..gd la..still wallet is bouncing....ha ha ha

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 11:18 | Report Abuse

Can enter in cheaper is a guess only?

Those who sold carimin too early at 60 sen couldn't get back in till now

So don't be too clever hor

If like karambunai now suddenly taken private at 11 sen (Calvin buy call was 6.5 sen) if Petronas suddenly offer to take scomies private at 25 sen then how?

8888010

10 posts

Posted by 8888010 > 2019-09-24 11:21 | Report Abuse

can not move up, i bought since jan 2018 at 0.175, hopefully can rebound soon, want to buy against to balance the price??

8888010

10 posts

Posted by 8888010 > 2019-09-24 11:22 | Report Abuse

any goods news announce??

fl888

7,693 posts

Posted by fl888 > 2019-09-24 11:30 | Report Abuse

Operators always take the appropriate timing to write positive articles as they have collected a lot already for disposal at a profit...

8888010

10 posts

Posted by 8888010 > 2019-09-24 11:32 | Report Abuse

die la, always see up and down, but can not hit my cost of 0.175, need to wait against, hopefully can rebound soon......

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 12:48 | Report Abuse

Cost of 17.5 sen?

Hong leong boss quek leng Chan still holding scomies shares above 60 sen

Hold tight as Scomies going to go up alot more

Your 17.5 sen will be swept aside when scomies report better results ahead

Actually of company wants to Scomies can easily move up

How?

1. By asset revaluation

Fiamma, seacera and others revalue assets and book them as profits
Scomies can certainly revalue its assets and report very high profits

2. Sell drilling fluid oil to Petronas at Rm1. 5 billions

Result will instantly show exceptional gain


3. Sell drilling fluid and other assets of hidden value and then give a Cash payout as it did with 18.5 sen last time

This one will definitely cause Scomies share price to rocket upwards

BUT no need no need all these and other gimmics

Scomies will go up steadily and solidly on its own good fundamental

MAHza

60 posts

Posted by MAHza > 2019-09-24 13:53 | Report Abuse

I hold tight sifu

freeman

429 posts

Posted by freeman > 2019-09-24 14:06 | Report Abuse

8888010 u should do averaging lah.. for example if you had bought some of scomies share at 0.045 with the same quantity as what you holding with only 30% of your original cost 0.175.. your new average cost will be around 0.1

8888010

10 posts

Posted by 8888010 > 2019-09-24 14:24 | Report Abuse

freeman TQ for your advise, regret no buying the price at 0.035, decided to do averaging when the price drop a bit...

winmal

1,128 posts

Posted by winmal > 2019-09-24 14:38 | Report Abuse

No much selling..many perceive the real value of Scomies

lextcs

1,961 posts

Posted by lextcs > 2019-09-24 14:54 | Report Abuse

any stk that fly 100% in such short period of time just close eyes and SELL

lextcs

1,961 posts

Posted by lextcs > 2019-09-24 16:09 | Report Abuse

our bursa mkt really no new money coming in... so don't expect fireworks...lots of rolling over activities daily....no one is pouring new money in here

Sales

3,262 posts

Posted by Sales > 2019-09-24 16:19 | Report Abuse

Calvintaneng, can I swift from Destini?

i_investor

934 posts

Posted by i_investor > 2019-09-24 17:48 | Report Abuse

Truth is always truth, see it now.
When box is filled with valueable, the box must not be called empty box since it is filled up.

When SCOMI is filled with 65.63% of SCOMIES worth, the SCOMI value must also be reasonable move up in tandem otherwise there will be logic error and loop hole, which is a extremely cheap proxy back way to own SCOMIES via SCOMI, it is a leak !

When SCOMIES market capital is worth RM292,750,000.00 ,
SCOMI GROUP OWNS ABOUT 65.63% OF SCOMIES SHARES worth RM192,131,825.00 ,
SCOMI share issued is 1,094,000,000
RM192,131,825.00 dIvided by 1,094,000,000 shares = SCOMI reasonable price worth at least 17.5 SEN per share,
so SCOMI price should move in tandem with SCOMIES.

So logically, if SCOMI is not moving up further to reasonable price, with big gap, SCOMIES is hard to move further too, it is because of the logic syncronization, otherwise there will be a leak!

Guess have to wait till the waiver is approved. However there is hope because SCOMI triggered PN17 criteria as its shareholders' equity spread was less than 25% of its issued share capital and the equity dropped below RM40 million. BJ Land 15% public shareholding Bursa also can accept , so good chance for SCOMI to be waived too.

So meanwhile, we monitor any sign of buying up accumulation as they know faster and better for the news which we do not know.

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-24 19:53 | Report Abuse

Sales

Both destini and scomies are undervalue at this stage. Got extra money can put more into scomies

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