Don't get it wrong on Icon. Though it went limit up yesterday, that's after share conso 50 to 1. Practically if someone sold it yesterday, still at loss.
1. SCOMIES (7045) Price 12 sen. …………….Target price 30 sen
Reasons for buying. Scomies Drilling Oil contract with Kuwait Rm610 Millions. 2 JV with PetChem. Very undervalue assets. Its drilling oil made from parm kernel oil is biodegradable and can be discharged into oceans safely. Captured 10% of world wide market. Saudi oil attacks will enhance drilling for oil as safeguard. Increasing oil rigs mean good business for Scomies
Last quarter was positive but only negated by Rm72 mil in impairments. If not it has Rm38.8 millions profits.
CEO of Scomies bought 1.8 mil shares of Scomies show better days ahead.
After Carimin, Dayang & Penergy = SCOMIES will be the Last Bull Laggard of O&G Bull run
hi mabel, does the current on going proposed share consolidation and proposed capital reduction considered as regularisation plan? or the scomies have to re-submit another regularisation plan to bursa again?
@alfred12345 hi mabel, does the current on going proposed share consolidation and proposed capital reduction considered as regularisation plan? or the scomies have to re-submit another regularisation plan to bursa again?
From what I understand they have to resubmit a new one. Stand to be corrected on this one..
the share consolidation proposal already approved by Bursa last October, only the pn17 status that still intact, the one that they failed to get waiver recently.
..so slow la this Scomi/s. Have to wait for High Court approval pulak..
Please read my blog.Whoever who follow my advice AT 7.5 cents and ALam 10 cents.AT rose to high of 9 cents late November and Alam rose to high of 20 cents early of year 2020.
On Scomi Energy blog Price 7-7.5 cents Michael Kwok 831 posts Posted by Michael Kwok > Nov 2, 2019 6:51 PM | Report Abuse X
Its share consolidation.Maybe it may touch 5-6 cent.Before share consolidation.
Scomi Energy Michael Kwok 831 posts Posted by Michael Kwok > Nov 3, 2019 5:12 PM | Report Abuse X
Let buy AT 7.5 cent and Alam 10 cent(Alam not yet) as it's just showing recovery run.Not yet projects or profit run.Never buy uncertainty and weekly chart hooking down.Market look cruel.
@Ron90 the share consolidation proposal already approved by Bursa last October, only the pn17 status that still intact, the one that they failed to get waiver recently.
..so slow la this Scomi/s. Have to wait for High Court approval pulak.. 23/01/2020 3:28 PM
Oil dropped to its lowest level since October on Monday, as fears over a potential slowdown in crude demand, sparked by the coronavirus outbreak, continued to pressure prices.
U.S. West Texas Intermediate crude fell 2.3%, or $1.26, to $52.93, putting it on pace for its fifth straight session of losses. At its low, WTI dipped more than 3% to hit $52.13, a price not seen since Oct. 10.
International benchmark Brent crude fell 2.5%, or $1.53, to $59.16. It’s also coming off its third straight week of losses, and its worst week since Dec. 2018.
Corona virus is not as contagious as Mers. Death rate is still about 20 percent simikar to Sars. Mers is 40 percent. In both cases they know the source. Corona in some cases does not have a symptom.
If you don't believe in the counter, it's really really easy: Just sell whatever you have, exit the browser and leave.
No need to come here to curse and leave unintelligent comments. Imagine what can be achieved if everyone can behave a little more maturely, exchange or share legit information or opinions and have intelligent debates.. after all, we're all here with the intention to make money even if it's not the same investment method since there are so many ways to do it!
U.S. West Texas Intermediate fell 2.8%, or $1.45 per barrel, to settle at $50.11 per barrel. Earlier in the session, WTI fell more than 3% to $49.92, its lowest level since Jan. 2019.
International benchmark Brent crude dropped 3.9%, or $2.21, to $54.41 and hit its lowest level since Jan. 3, 2019.
I follow your buy call and buy scomies. i used to be poor, now i am very poor. you say "Scomies problem is caused by helping Scomi bhd It will be resolved just like Mp Corp having assets support".
how come you never assess the management integrity but so confident ask us to buy.
what comfort it gives us when you ask us to buy at 12c? Will be resolved in a few years time when i am already dead from starvation.
I heard calvintaneg say 5c is a good buy opportunity, problems will be resolved soon. hope before the fiberisation start because if fiberisation start first, cheaper to buy rope to hang myself.
reloy, this is not a blue chip counter, prepare yourself to lose everything once you decide to buy it, it is kind of penny stock, playing it like gambling at casino. when i saw the price dropped from 0.12 to current level, 0.05. i already told myself, worst case treat it as losing money at genting casino. I do not buy other stocks that recommended by Calvin anymore as i think he is not a god, we should study ourselves before buying any stock. treat it as a lesson, either sell or keep, it is very simple.
Scomies signed deals with Pchem and did not mention anything about the value of the deal... Probably scomies think they very rich to do charity ka??? Pchem up 24cts today while scomies in a brink of loan defaulting and bankruptcies.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
apolloang
18,163 posts
Posted by apolloang > 2020-01-22 16:56 | Report Abuse
another pastor calvin counter kaput