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

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0


19 people like this.

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

Will76

591 posts

Posted by Will76 > 2019-09-24 23:38 | Report Abuse

Breaking News from CNBC

"Oil prices fell on Tuesday after weak manufacturing data from Europe and Japan focused market attention on a gloomy outlook for demand and as Saudi Arabia could restore oil output faster than anticipated following attacks last week."

"Brent crude futures dropped 1.7% to $63.73 a barrel by 1106 GMT, while U.S. West Texas Intermediate futures were at $57.76, down 1.6% cents."

Posted by Jason Toshi Ho > 2019-09-25 00:03 | Report Abuse

Sounds logical. Can you put that logic into explaining the inari and it's major shareholder Insas and the relationship on share price? By your logic something is leaking in INSAS and Inari?

>>>>>>>>

i_investor 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.

winmal

1,128 posts

Posted by winmal > 2019-09-25 08:51 | Report Abuse

they thought they are smarter then market,,, predict share price movement to take advantage on it.

fl888

7,693 posts

Posted by fl888 > 2019-09-25 09:53 | Report Abuse

Nothing is certain in life except death...but we do not when it will come...so enjoy playing shares when you still can...

bojed

5,064 posts

Posted by bojed > 2019-09-25 12:00 | Report Abuse

Hahaha

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-25 12:03 | Report Abuse

Very very good morning all

Calvin has not sold even one single share of scomi energy

I strongly believe that Scomies will perform better than Carimin

Carimin could go up from 21.5 sen to over RM1. 00 for a 400% gain

So I think Scomies could easily reach 30 sen

Sustain your patience great movements take time to develop

Posted by zenbeginner > 2019-09-25 12:44 | Report Abuse

Calvin has not sold even one single share of scomi energy.....maybe he has none for selling to begin with?....

MAHza

60 posts

Posted by MAHza > 2019-09-25 12:54 | Report Abuse

Pls give healthy arguement..calvin helps me make money and im trust to his research..

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-25 12:55 | Report Abuse

Zen

Calvin has more than 1 million scomies shares

Scomies Ceo has 1.8 millions scomies shares bought at 10.5 sen about 6 months ago

Hmmm?

OK I will queue at 10.5 sen and buy more scomies share to match Ceo at 1.8 million shares as well

Last time my Johor Sifu told us to buy Ptaras Jaya shares at rm1. 40
Because he saw directors buying Ptaras Jaya shares at rm1. 40

And he was correct
Ptaras later shot up to rm7. 00 and split (up 500%)

So if scomies Ceo can use his own pocket money to buy Scomies shares at 10.5 sen 6 months ago... To buy now with brightening prospects is very fortunate indeed

freeman

429 posts

Posted by freeman > 2019-09-25 14:15 | Report Abuse

yes calvin.. scomies is a fundamentally strong company... but price fluctuates depend on various factors... technical analysis also influence the behaviour becoz many believe in it ...qr report for sept still long to go ... those who bought on margin t4 has to let go 1st... then we have to wait for another rebound.. which we would not know when

Legend

4,119 posts

Posted by Legend > 2019-09-25 15:43 | Report Abuse

gone with the wind...

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-25 15:58 | Report Abuse

HOLD TIGHT TIGHT SCOMIES AS CEO ALSO BOUGHT AT 10.5 SEN AND HOLDING ALL TIGHTLY

THOSE WHO DON'T HAVE SCOMIES CAN BUY NOW ON RETRACEMENT

THIS IS AN OPPRTUNITY TOO GOOD TO MISS

SCOMIES GO GO GO!!!

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-25 16:08 | Report Abuse

8.5 sen?

Once Some BIG FUNDS Discover Scomies like they discover NAIM and LAFARGE that WENT LIMIT UP

SCOMIES MIGHT FLY PAST 14 SEN

Then you cry father cry mother also no use

Posted by Ua Sebau > 2019-09-25 16:44 | Report Abuse

Statistic: buyer 13.3M; seller 2.3M. A few minute ago

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-09-25 16:50 | Report Abuse

aiyaaaaaaa

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-25 22:08 |

Post removed.Why?

fl888

7,693 posts

Posted by fl888 > 2019-09-25 22:35 | Report Abuse

What about DPS, will Calvin miss the privatization again...

Will76

591 posts

Posted by Will76 > 2019-09-25 23:14 | Report Abuse

Breaking News from CNBC

"Oil prices fell for a second day on worries that fuel demand could fall after U.S. President Donald Trump doused recent optimism over China-U.S. trade talks, at a time of rising U.S. crude oil stockpiles."

"Brent crude futures were down $1.72 to $61.38 a barrel on Wednesday, erasing all gains made after an attack on Saudi oil facilities sent the benchmark up around 20% last week."

"U.S. West Texas Intermediate crude dropped to $55.71 a barrel, down $1.58."

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-25 23:25 | Report Abuse

Brent crude up or down never mind

Already got Rm610 millions Drilling fluid supply to Kuwait oil Corp

Saudi oil fields after kena bombed has turned to Kuwait for needed oil supply as Oil tankers already contracted to curry supply are waiting at dockyards

Once Saudi Aramco discovers the unique quality of Scomies biodegradable drilling fluid and appoint Scomies as it's main supplier for drilling fluid....the Scomies might go limit up!

Petronas already saw the potential of Scomies drilling fluid expertise and signed 2 jv contracts with Scomies through petchem

CEO of scomies also so bullish and he bought 1.8 million scomies shares at 10.5 sen with his own personal money

So if you fearful then sell other shares and hide in the safety of scomies

freddiehero

16,721 posts

Posted by freddiehero > 2019-09-25 23:27 | Report Abuse

wah lau.. calvin u r good timing oh!

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-25 23:34 | Report Abuse

A big thank you

Freddiehero,

It took Calvin years to realise the need to buy stocks at the outbreak of a bull run

freddiehero

16,721 posts

Posted by freddiehero > 2019-09-25 23:36 | Report Abuse

many counter rili steady.. u call buy

freddiehero

16,721 posts

Posted by freddiehero > 2019-09-25 23:37 | Report Abuse

just me notyet follow. and miss it too..

freddiehero

16,721 posts

Posted by freddiehero > 2019-09-25 23:37 | Report Abuse

just wan try it exp by muself 1st. but rili hard haha

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-26 00:08 | Report Abuse

Scomies at 10.5 sen is CEO buying price

Scomies CEO bought 1.8 million scomies shares at 10.5 sen worth Rm189,000

So just follow CEO buy some now

Sure fire winner at this price

winmal

1,128 posts

Posted by winmal > 2019-09-26 08:45 | Report Abuse

after 2 days consolidating ... hopefully today go up

simon

206 posts

Posted by simon > 2019-09-26 09:31 | Report Abuse

Mr Calvin Tan, do you think coming Quater if make profit will push up the share price?

simon

206 posts

Posted by simon > 2019-09-26 09:33 | Report Abuse

Mr Calvin Tan, for Netx 0.01 cent not easy to get, do you think buy 0.015 cent still ok?

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-26 09:48 | Report Abuse

simon Mr Calvin Tan, do you think coming Quater if make profit will push up the share price?
26/09/2019 9:31 AM

simon Mr Calvin Tan, for Netx 0.01 cent not easy to get, do you think buy 0.015 cent still ok?
26/09/2019 9:33 AM

Are you Simon from Melaka?

For Netx best to queue everyday at one sen

Since Netx sellers still got 19 millions can wait and see
If many people start snapping up at 1.5 sen then only quickly buy some before all taken up

FOR NOW THERE IS A TUSSLE OF CONFIDENCE IN NETX

LOTS OF NAYSAYERS TALKED DOWN AND CREATE FEAR. BUT INSIDERS ARE BUYING NETX

WHILE OUTSIDER TALKED AND TALKED INSIDERS BOUGHT AND BOUGHT

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-26 09:53 | Report Abuse

CEO OF SCOMIES ALSO BOUGHT 1.8 MILLION SCOMIES SHARES WITH HIS OWN MONEY

WHO IS A CEO?

ANSWER

Chief Executive Officer (CEO) Definition - Investopedia

https://www.investopedia.com › Business › Business Leaders › CEOs
Aug 18, 2019 - A chief executive officer (CEO) is the highest-ranking executive in a company, whose primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors (the board) and corporate ...


1. A CHIEF EXECUTIVE OFFICER IS THE HIGHEST RANKING EXECUTIVE IN A COMPANY

As such he knows his company inside out. He controls spending and limit Directors meeting per sesssion only Rm1k

For Directors travelling from Outstation to attend HQ Meetings only Rm500 allowance is given

I LIKE CEO FRUGAL MENTALITY

HE SAVES LOTS OF MONIES FOR SHAREHOLDERS

SINCE HE HAS VESTED INTEREST IN COMPANY WELL BEING.

ALL THE BETTER!!

Posted by williamchan82 > 2019-09-26 18:01 | Report Abuse

thanks again calvin!

mykasih99

238 posts

Posted by mykasih99 > 2019-09-27 09:34 | Report Abuse

Thanks so much Calvin

hl18

81 posts

Posted by hl18 > 2019-09-27 11:19 | Report Abuse

@Calvintaneng how much u in scomies and netx?

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-27 12:24 | Report Abuse

Hl18

1. shares


Scomies 50%

Opcom 40%

Netx 10%

Scomies got growth potential

Opcom now defensive

Netx more speculative

So pls invest carefully and be able to sleep well

i_investor

934 posts

Posted by i_investor > 2019-09-27 12:58 | Report Abuse

Thanks calvin for your honesty !

bojed

5,064 posts

Posted by bojed > 2019-09-27 14:38 | Report Abuse

Still holding here at 0.105.

hl18

81 posts

Posted by hl18 > 2019-09-27 14:49 | Report Abuse

what price u in for tis three stocks?@Calvintaneng

longvalley

2,287 posts

Posted by longvalley > 2019-09-27 15:24 | Report Abuse

On the move
Close 0.15c...,,,,

winmal

1,128 posts

Posted by winmal > 2019-09-27 16:50 | Report Abuse

After the promising price movement, next week scomies poised to go up higher... enjoy the ride.

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-27 17:52 | Report Abuse

Hl18

To know more please whataspp me at 0146101668

All sincere and genuine investors who want to know about stocks post also can whataspp

Please stay

1. Your name
2. Where you from
3. Occupation(optional)

Posted by Hew Kiong Peng George > 2019-09-27 22:32 | Report Abuse

calvin,is it melewar n salcon fulfill Ben Graham requirement of 30% Discount = Got huge margin of safety?

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-27 23:03 | Report Abuse

George Hew,

To understand Discount to Nta or net tangible assets let me give you 2 simple formula to test

1. Suppose in year 1985 a company invested in

A) 10 low cost houses worth rm35k each in cheras kl for rm350,000

B) At the same time he invested in a fleet of 1985 1st generation proton for 20 units worth around Rm17, 500 each or total Rm350, 000

That year in 1985 the company rented out the houses at Rm300 each but Proton was leased out as taxi fleet for rm1, 000 each

Of course the cash flow from renting taxi rm1, 000 is 5x more than houses at rm200 each

In the original book value dated 1985

1. Assets as houses = Rm350, 000
2. Proton under equipment = Rm350, 000

Today if assets and equipment are revalued

10 houses in cheras = rm3. 5 millions (Rm350k each)

20 old proton? Scrap value of Rm3, 000?

So go see assets of all companies if they got value or not

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-27 23:06 | Report Abuse

So not all nta are valued equally

THE trick is to learn asset valuation piecemeal

For scomies 5 storey shops valued at Rm170k plus freehold land at Rm2. 20 psf in sepang are ridiculously low

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-27 23:11 | Report Abuse

For melewar mostly obsolete steel just like hubline all rusty ships. Alam maritin listed no real estate but equipment in and under the sea. After so many years in sea water how?

Scomies drilling fluid tank farm on dry land.

For netx it's nta is in Cash of rm34 millions and invested shares of mlab plus Internet related assets

calvintaneng

56,242 posts

Posted by calvintaneng > 2019-09-27 23:15 | Report Abuse

Think of future cash flow of invested assets

A proton dated year has a useful life span of 10 years as a taxi. After that scrap value
So it has no long term future cash flow

A low cost house rented for rm200 in year 1985 can command a rental of Rm1, 000 today or 5x more

So we can say one has future cash flow in increasing value while another can turn obsolete

7300

2,152 posts

Posted by 7300 > 2019-09-27 23:23 | Report Abuse

aisay...........listen n think again,this SG sifu just almost identical like my sifu R.K.Buttered thinking,both not fron mars but speak like marcian :))

rsim03

333 posts

Posted by rsim03 > 2019-09-28 10:43 | Report Abuse

Thank you for your explanation mr calvin.

Posted by Hew Kiong Peng George > 2019-09-28 21:12 | Report Abuse

Thank you for your kind explanation calvin

Michael Kwok

6,352 posts

Posted by Michael Kwok > 2019-09-28 21:29 | Report Abuse

When Calvin give u all tip,please go and do ur homework.Its it right time.Its it on the overbought and oversold in monthly and weekly?Some Calvin give need few years of patient.

Michael Kwok

6,352 posts

Posted by Michael Kwok > 2019-09-28 21:36 | Report Abuse

If Calvin give 3 counters; i give back something 3 counters.Orion,Media and AT(0072) to buys(my value stocks).

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