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 1 month ago

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-12-16 09:39 | Report Abuse

Super promotion @ 0.120

Now 0.06

Losing 50% !!!


Really cilakak promoter

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-12-16 09:54 | Report Abuse

To Calvin

Your recommendation blog : Dated 23rd September 2019

Price refer : 0.120


Today Scomi Energy trading @ 0.060

Losing 50% !!

11395861

417 posts

Posted by 11395861 > 2019-12-16 09:57 | Report Abuse

Every time merudum

Posted by T800Terminator > 2019-12-16 10:02 | Report Abuse

Get some at 0.065 and Q at few bid below 0.065 as well. Come to papa pls.

winmal

1,128 posts

Posted by winmal > 2019-12-16 10:27 | Report Abuse

after restructure the share price will reflect fundamental value 0,40

CT888

885 posts

Posted by CT888 > 2019-12-16 10:47 | Report Abuse

Good undervalue stock to invest,

But will buy after Pn17,... look inevitable now!

Posted by Smartearner > 2019-12-16 12:01 | Report Abuse

Just bought some.. firm on stand.. believe turnaround on this stock

Superb99

6,603 posts

Posted by Superb99 > 2019-12-16 12:52 | Report Abuse

precious lesson, don't ever touch downtrend counter unless you are super cash rich

calvintaneng

56,542 posts

Posted by calvintaneng > 2019-12-16 12:56 | Report Abuse

Kaq4468

Calvin 1st buy call was 7.5 sen
That 12 sen was later

For Calvin Scomies will eventually rise to 30 sen

See my buy call on penergy

1st buy call was 70 sen
2nd buy call Rm1.10

After 2nd buy call penergy even crashed back below 70 sen

So how?

Then penergy again powered to over Rm1.60

So since Scomies will go up again just take this opportunity to add more on weakness

I added some at 7 sen recently

lauys96

232 posts

Posted by lauys96 > 2019-12-16 13:30 | Report Abuse

good 2 buy 0。07

calvintaneng

56,542 posts

Posted by calvintaneng > 2019-12-16 15:17 | Report Abuse

Yes,

After this small hiccup, partly caused by Money lent to help Scomi mother, Scomies will emerge much stronger

These are the steps

1) Further impairment or markdown now over

2) RM600 Millions Drilling Fluid supply to Kuwait Oil Corp will commence soon

This single Job Order will bring in good locked in profits for the next 5 years

3) Coal shipment should rebound as Indonesia shifting its Capital from Kalimantan. Building such a massive new city needs lots of cement. And coal is needed for cement manufacturing

4) Petronas has indicated its increase use of OFF Shore vessets for years 2020 to 2021 activities
Idle Offshore vessels of Scomies come in useful

5) Petchem 2 JV with Scomies might see some production of specialty chemicals

6) With shipping rebound due to higher CPO & Crude oil - Scomies marine division should continue to improve

7) And above all. The hidden value of Scomies assets should be revalued to reflect its true NTA

8) Brent Crude at USD65 per barrel will spur more exploration & drilling. Good for Scomies Drilling Oil Fluid business

So many defensive assets and businesses Scomies now present a value buy for rebound

Posted by T800Terminator > 2019-12-16 20:53 | Report Abuse

Can’t get 0.05...at least get some on 0.065...better than none. Tomorrow continue to Q at 0.055 and 0.06....

calvintaneng

56,542 posts

Posted by calvintaneng > 2019-12-16 23:34 | Report Abuse

Scomies gave capital repayment last time

03-Aug-2012 15-Aug-2012 CAPITAL_REPAYMENT Others RM 0.185

Now share price at 6.5 sen those who received 18.5 sen capital repayment sure can buy back now

INSIDE SCOMIES THERE IS STILL LOTS OF HIDDEN VALUE

pertamina

215 posts

Posted by pertamina > 2019-12-17 12:16 | Report Abuse

Year end sale

Naz90

72 posts

Posted by Naz90 > 2019-12-17 16:45 | Report Abuse

what is current status of Scomies ? PN17 or not yet...

chimchim

196 posts

Posted by chimchim > 2019-12-17 19:34 | Report Abuse

Maybe need to check back their claims on the Kuwait contract?

Posted by T800Terminator > 2019-12-17 21:02 | Report Abuse

Still
Can’t get .05

Mabel

24,140 posts

Posted by Mabel > 2019-12-17 22:00 | Report Abuse

Since I have collected two large batches earlier...

I will wait at 0.06 ..if it drops, I collect lor...

Posted by pikiblinder > 2019-12-17 23:22 | Report Abuse

KUALA LUMPUR, March 25 (Bernama) -- Scomi Energy Services Bhd's wholly-owned subsidiary, Scomi Oiltools Sdn Bhd, has been awarded two five-year contracts by Kuwait Oil Company with an estimated value of US$150 million (RM610 million).

In a filing with Bursa Malaysia, Scomi Energy said the contracts were for the provision of mud products and mud engineering services for deep drilling, dated Jan 31, 2019, and for the provision of mud products and mud engineering services for development drilling, dated Feb 4, 2019.

“For these contracts, Scomi Oiltools will be supplying the drilling fluid chemicals, providing engineering services as well as constructing, managing and operating a Liquid Mud Plant on site at the client’s facility,” it said, adding, its order book stood at US$176 million prior to this contract award.

ariehazimi

159 posts

Posted by ariehazimi > 2019-12-19 08:57 | Report Abuse

bye bye pn17 coming soon, sell to buy ageson 7145

mukhriz02023

1,291 posts

Posted by mukhriz02023 > 2019-12-19 09:59 | Report Abuse

Sumatec to be?

calvintaneng

56,542 posts

Posted by calvintaneng > 2019-12-19 12:25 | Report Abuse

Nonsense

Sumatech has zero margin of safety

Scomies more like perdana and Naim

Better than perdana just 80% of what naim was when naim gave out rights issue

Now is our best chance to buy scomies cheap like buying naim at 52 sen

Perdana also pulled down Dayang to a 50 sen low and that was the best time to buy Dayang at 50 sen when perdana caused Dayang problem

So Scomies problem were caused by scomi mother just like Dayang dragged down to 50 sen by perdana problem

Dayang has to issue sukuk loan to save perdana but scomies can survive on its own strong fundamental

Wongws

527 posts

Posted by Wongws > 2019-12-20 09:12 |

Post removed.Why?

Superb99

6,603 posts

Posted by Superb99 > 2019-12-20 10:15 | Report Abuse

look at the price, 0.065, no more energy d

calvintaneng

56,542 posts

Posted by calvintaneng > 2019-12-20 14:21 | Report Abuse

Wongws really got bad intention spamming

Sure bad karma will hit him hard

Wongws

527 posts

Posted by Wongws > 2019-12-20 14:39 |

Post removed.Why?

mukhriz02023

1,291 posts

Posted by mukhriz02023 > 2019-12-20 14:50 | Report Abuse

Don't listen to anybody. Believe your own judgement.

Superb99

6,603 posts

Posted by Superb99 > 2019-12-24 17:24 | Report Abuse

I think this counter takes another years to recover

calvintaneng

56,542 posts

Posted by calvintaneng > 2019-12-24 23:39 | Report Abuse

MERRY CHRISTMAS & HAPPY NEW YEAR TO ALL AT SCOMIES

VERY GOOD CHRISTMAS EVE NEWS

https://www.theedgemarkets.com/article/saudis-kuwait-agree-resume-oil-output-shared-fields

SAUDI WILL GO JV WITH KUWAIT OIL CORP TO PRODUCE 500,000 BARREL OF OIL A DAY AT BORDERS

500,000 BARRELS PER DAY EQUALS TO 182.5 MILLION BARRELS A YEAR

AND AT USD67 PER BARREL OR RM275 PER BARREL IT MEANS RM50.1 BILLIONS WORTH OF OIL A YEAR

AND NEXT YEAR SCOMIES WILL COMMENCE ITS DRILLING FLUID SUPPLY TO KUWAIT OIL CORP FOR A RM600 MILLIONS REVENUE

MACMNAZ

4 posts

Posted by MACMNAZ > 2019-12-26 11:57 | Report Abuse

Anyone know when share consolidation may take place?

calvintaneng

56,542 posts

Posted by calvintaneng > 2019-12-26 15:48 | Report Abuse

Don't know leh

Only know scomies now undervalue

So?

Just buy more while cheap

calvintaneng

56,542 posts

Posted by calvintaneng > 2019-12-27 08:38 | Report Abuse

Very good morning to all at Scomi Energy

ikenduit

581 posts

Posted by ikenduit > 2019-12-27 09:30 | Report Abuse

good morning

mukhriz02023

1,291 posts

Posted by mukhriz02023 > 2019-12-27 10:39 | Report Abuse

Selamat rugi

jjohnchew

2,877 posts

Posted by jjohnchew > 2019-12-27 12:42 | Report Abuse

tock: [NETX]: NETX HOLDINGS BHD

Dec 26, 2019 11:38 AM | Report Abuse

Ho ho cal.vin is pump n dump in scomies..

1) promote scomies on 23/9/19 at 0.12 but not admitting ...dipped to 0.065 ..in PN17 in Oct19.

2) said buy at 0.075 n gang member said sold on 0.11 ...he is sold higher...

3) ppl asked why promote high risk counter as kena going concern...reply is a small small problem..

4) cal. Vin now said scomies mother pay its due will be ok.More scary is he knew Scomi is submitting PN17 waiver application on early Sept19 n is rejected on 3rd Dec19 ...is now under Receiver n Manager..

Posted by Vincentong > 2019-12-27 13:59 | Report Abuse

Collecting scomies slow slow... No rush, no panic.. Will collect more if price drop

chimchim

196 posts

Posted by chimchim > 2019-12-27 16:16 | Report Abuse

Im afraid we all caught up with scomi fake news about new investor that can revive the monorail segment... Even the Brunei strong connection is a hearsay. This is bad...

fl888

7,736 posts

Posted by fl888 > 2019-12-28 12:14 | Report Abuse

Any news of Scomies PN 17 waiver by KLSE?

Mabel

24,140 posts

Posted by Mabel > 2019-12-29 22:23 | Report Abuse

PB vs Industry: SCOMIES is good value based on its PB Ratio (0.4x) compared to the MY Energy Services industry average (0.9x).

Short Term Liabilities: SCOMIES's short term assets (MYR429.5M) exceed its short term liabilities (MYR356.1M).

Long Term Liabilities: SCOMIES's short term assets (MYR429.5M) exceed its long term liabilities (MYR63.7M).

Debt Level: SCOMIES's debt to equity ratio (42.4%) is considered high.

Reducing Debt: SCOMIES's debt to equity ratio has reduced from 68.6% to 42.4% over the past 5 years.

Inventory Level: SCOMIES has a high level of physical assets or inventory.

Debt Coverage by Assets: SCOMIES's debt is covered by short term assets (assets are 2.3x debt).

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SCOMIES has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SCOMIES has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 26.7% each year.

Mabel

24,140 posts

Posted by Mabel > 2019-12-29 22:24 | Report Abuse

fl888 Any news of Scomies PN 17 waiver by KLSE?
28/12/2019 12:14 PM

I'm curious too...

fl888

7,736 posts

Posted by fl888 > 2019-12-30 09:47 | Report Abuse

the worst oil stock in KLSE....TH , Icon....catching up

Posted by Chan Chee Kiong > 2019-12-30 11:05 | Report Abuse

ya, it is the worst so far. but will it go up?

Posted by Vincentong > 2019-12-30 11:31 | Report Abuse

I buy.. Buy slow slow.. If price drop more.. I add.. No rush, no pressure

Tunjung

201 posts

Posted by Tunjung > 2019-12-30 13:16 | Report Abuse

Masa untuk lompat masuk..

mukhriz02023

1,291 posts

Posted by mukhriz02023 > 2019-12-31 15:12 | Report Abuse

Lompat masuk kubur

mukhriz02023

1,291 posts

Posted by mukhriz02023 > 2019-12-31 15:30 | Report Abuse

Bersama Calvin conman

Nepo

3,416 posts

Posted by Nepo > 2019-12-31 20:29 | Report Abuse

Too risky to buy in..

Legend

4,119 posts

Posted by Legend > 2020-01-01 08:15 | Report Abuse

Happy New Year 2020!!!

calvintaneng

56,542 posts

Posted by calvintaneng > 2020-01-01 22:43 | Report Abuse

After scomies skin deep problem is resolved it should rise up to overtake alam maritin and then to rival perdana

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-01-01 22:48 | Report Abuse

make sure it can back to 12 cents first...as per your article buy call

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