25 sen, more room for dropping then...sigh, no matter how good is this company, it is under PN17, having cash flow problem, no tycoon goreng it so is equal to a dead counter..no doubt, Calvin is doing a superb analysis for it but many unexpected things had happened till now and the fact is...it is super downtrend now. i sold some already previously to reduce my risk as SCOMIES does not really looks good so far. Hopefully, the coming result is okay and able to pay the debt as scheduled else will surely pull down the price further....imagine those kaki that bought above 10 cents, the price had dropped more than 50%.
ICON is sitting comfortably on P8, Alam on P6 and Armada on P2 in my Armada fleets of 13 Battleships. All these are these 3 Battleships are very profitable in term of Margin.
U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.
Brent crude fell $1.09, or 2%, to $53.86 per barrel, while U.S. West Texas Intermediate crude dropped 68 cents, or 1.4%, to trade at $49.22 per barrel.
need guidence from all expert, i bought scomies 10,000 lot year 2019, ex date 1:5 on 27/02/20, if i want sale it, it is my shares now only got 2,000 lot? i check my Bursa Malaysia my stock unit still showing 10,000 lot, please advise, thank you in advance.
@8888010 need guidence from all expert, i bought scomies 10,000 lot year 2019, ex date 1:5 on 27/02/20, if i want sale it, it is my shares now only got 2,000 lot? i check my Bursa Malaysia my stock unit still showing 10,000 lot, please advise, thank you in advance. 28/02/2020 11:01 AM
Yes 888,
The max you can sell is 2000 lots. Don't oversell. Otherwise you will have to buy back very expensively. This is what has happen in the recent ICON exercise. Many get burned for making this mistake.
@Mabel@ Thank you for your answer, i so confuse why my scomies at Bursa Malaysia still showing 10,000 lot shares after 1:5, as per your mentioned. Now my shares only 2000 lots. if oversell have to buy back this "dead stock" lagi rugi banyak @@@
QR losses cause by impairment of amount own by Ultimate holding company of RM11.9 million , otherwise this Q.report should report profit instead of losses
It's really a pity when Scomies is performing. Really hope they can resolve the Scomi Holding Company Issues. It's really a pain in a neck.
My other PN 17 Companies, Silent Mary Barakah Battleship is now has been released.
Q4 2019 has a Growth of 287.71% QoQ and 151.39% YoY.
For those who just came on board this ship, Q2 losses of RM269 is for a 18-months period, not 12 months. Barakah has changed its financial period during that time. From Q3 onwards the report is for a 3-months period. This is really a fantastic result and worth waiting for.
Similarly Jolly Roger TH Heavy are reporting two Consecutive Profits.
Really looking forward for my Scomies Vangelies to turn back to profitability comes next quarters.
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....
Ron90
4,118 posts
Posted by Ron90 > 2020-02-22 10:10 |
Post removed.Why?