SCOMI GROUP BHD

KLSE (MYR): SCOMI (7158)

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32 people like this.

16,656 comment(s). Last comment by Mabel 2023-05-02 08:22

Redz1

1,056 posts

Posted by Redz1 > 2016-08-15 11:58 | Report Abuse

IJM got only 25%, nothing mush they can do. Got themselves in sticky company. Lets get new management team and turn around this company. sun99, nippy65,zebrapower, anyone???

yifie_911

1,581 posts

Posted by yifie_911 > 2016-08-15 12:12 | Report Abuse

scomi will be in more trouble if IJM sold all its shares

Posted by magen3434 > 2016-08-16 03:33 | Report Abuse

worth to buy?

Frank Soweto

3,425 posts

Posted by Frank Soweto > 2016-08-16 06:34 | Report Abuse

Nope :(

unless u want donate to ayatollah Shah who is by the way continuing makaning ghaji bhuta :( :(

xfighter

223 posts

Posted by xfighter > 2016-08-16 10:05 | Report Abuse

suddenly went up?

nippy65

197 posts

Posted by nippy65 > 2016-08-16 10:46 | Report Abuse

Bottomline. The entire group must win contracts to increase the orderbook. Current jobs will eventually be depleted. Replenishment of orderbook appears very sluggish of late. Should this situation continues till the financial year end, deeper trouble prevails. IJM will not be able to do much as O&G and rail are not their line of expertise. Going forward, marine vessel services will hit hard. Today, vol for Scomi is merely a rollover for T4 position on 10/08/16. It will not last, if one deems that somthing is coming. Without more jobs coming in, any price movement north will not last and merely short term at best one week action and limited in price range. Unless announcement of securing a huge contract, then it would be a different case altogether. As of now, tough going as pointed out in the AR itself. Bear in mind, total borrowing, if I have not mistaken is very much above RM1b and this adds more pressure. For Scomi as a group, its performance is a function of succesfully securing as many jobs as possible (assuming profitable) like any other business if one is to do well. This is not happening at least not at the moment. Until it happens, then we can start talking about fundemental and ratios again. To buy or not to buy, that is the question and will remain as a question for those who have set sights on these companies.

winmal

1,128 posts

Posted by winmal > 2016-08-16 11:20 | Report Abuse

How you get the borrowing of RM1b.. we can't find any in latest reports. furthermore, I believe IJM will not let the ship to sink.

vc1922

488 posts

Posted by vc1922 > 2016-08-16 15:29 | Report Abuse

Buy scomi syariah fund get in

nippy65

197 posts

Posted by nippy65 > 2016-08-19 14:50 | Report Abuse

What is happening to Scomi-Platinum Sdn Bhd, a Scomi ES and Graphene Nanochem JV located in Port Klang. Up and running procuction ? Aborted ? Under construction ? Answer, anyone ?

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-08-21 16:11 | Report Abuse

vc1922 winmal and
nippy65

hi scomi memebers , if you dont mind can I ask a question avbout scomi Nta :

I find out scomi Nta on 31/05 qr is lower down to zero , then this new qr got nta again
details as below :

scomi : NTA record :


11/08/2016 31/03/2017 0.340
31/05/2016 31/03/2016 0.000
25/02/2016 31/03/2016 0.450

hi , scomi family , do you you guys know why scomi last qr nta is zero value,
because I heard people say if nta become zero mean debt too high

anyone can explain please ?

nippy65

197 posts

Posted by nippy65 > 2016-08-22 10:47 | Report Abuse

Angielin9955, I am just a novice. Far from adequately equiped to provide indepth knowledge to guide you thru.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-08-22 17:16 | Report Abuse

nippy65 , no worry nippy65 thanks for answer thanks

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-08-22 17:18 | Report Abuse

thanks

nippy65

197 posts

Posted by nippy65 > 2016-08-25 08:59 | Report Abuse

New 52-weeks low for Scomi, Scomies and Scomien should be coming soon.

Posted by Blur2investor > 2016-08-26 11:24 | Report Abuse

Why? How?

nippy65

197 posts

Posted by nippy65 > 2016-08-26 16:59 | Report Abuse

Scomien scored a 52-week low of 0.175. Scomies did touch intraday 52-week low of 0.185. Scomi maintain at 0.14 which is a 52-week low recorded before today.

yifie_911

1,581 posts

Posted by yifie_911 > 2016-08-27 00:39 | Report Abuse

i cant foresee their future

Frank Soweto

3,425 posts

Posted by Frank Soweto > 2016-08-27 04:49 | Report Abuse

LOL captain chang n his singaporean investors already gone de - looong time
they oso got conned by ayatollah Shah - bushie was right when he said Ayatollah, Supreme Leader general Kim n Captain ??? kannot remember his name of Masterkill all r part of the Axis of evil :( tell me how many people invested or even punted on these 3 cos Scomi,KNM n Masterkill make $$$
Please dun wait for anymore goreng - no more free foods :( wok oso stolen long time de :(

nippy65

197 posts

Posted by nippy65 > 2016-08-29 11:14 | Report Abuse

yifie_911, if you can't forsee their future, I help you to see it in one word - moribund.

nippy65

197 posts

Posted by nippy65 > 2016-09-01 10:50 | Report Abuse

ladahitam, I pray and hope you are right.

nippy65

197 posts

Posted by nippy65 > 2016-09-05 11:30 | Report Abuse

Scomien touched 52-weel low today @ 0.165. Chennai monorail project ??? Any comment from participants of this forum to enlighten ?

Posted by magen3434 > 2016-09-06 15:18 | Report Abuse

bro, worth to buy ?

yifie_911

1,581 posts

Posted by yifie_911 > 2016-09-06 17:42 | Report Abuse

Nippy65, if u dun mind, can u share with us what made u think that scomi is worth to invest?

nippy65

197 posts

Posted by nippy65 > 2016-09-07 08:27 | Report Abuse

yifie_911, if u dun mind, can u share with us at which point in time from my participation in this forum did I implicitly, explicitly or unequivocally recommended (which in your view I think) that Scomi is worth to invest ?

koyokui

1,960 posts

Posted by koyokui > 2016-09-08 09:29 | Report Abuse

buy scomi syariah couter

ryan7642

1,998 posts

Posted by ryan7642 > 2016-09-10 12:21 | Report Abuse

Buy for Technical Play if next wk drop further:) at least 15-20% margin play for short term..

Posted by Blur2investor > 2016-09-15 23:05 | Report Abuse

The price target quoted above for this counter is 1.07. So the questions are: 1. Who had been smoking? And, 2) What were they smoking?6

Happy Nut

33 posts

Posted by Happy Nut > 2016-09-19 21:33 | Report Abuse

no profit hopeless...

nippy65

197 posts

Posted by nippy65 > 2016-09-21 09:37 | Report Abuse

More pain yet to come before we can even talk about healing.

nippy65

197 posts

Posted by nippy65 > 2016-09-23 10:59 | Report Abuse

Putrajaya monorail, MMC making proposal. Scomien no ?

ivan9511

3,854 posts

Posted by ivan9511 > 2016-09-23 20:04 | Report Abuse

nippy65 scomi can buy 0.13 ?

arbao

84 posts

Posted by arbao > 2016-09-28 23:12 | Report Abuse

Slowly sinking...

djibaok

1,183 posts

Posted by djibaok > 2016-10-07 10:28 | Report Abuse

ini scomi ada projek kapal selam ka.... selam ke laut dalam...

nippy65

197 posts

Posted by nippy65 > 2016-10-10 09:13 | Report Abuse

A new 52-weeks low in the making this week.

nippy65

197 posts

Posted by nippy65 > 2016-10-11 08:46 | Report Abuse

For those who may want to know more of the development with regard to the Mumbai monorail project by Scomien, google "dnaindia mumbai monorail" .

nippy65

197 posts

Posted by nippy65 > 2016-10-19 09:34 | Report Abuse

Scomi recorded a new 52-week low this morning.

nippy65

197 posts

Posted by nippy65 > 2016-10-19 09:35 | Report Abuse

At RM0.12.

nippy65

197 posts

Posted by nippy65 > 2016-10-28 12:46 | Report Abuse

There you are. Scomies a new 52-weeks low at 0.165 with absence of buyers in queue. Does not smell good isn't it ? Wonder if i_invest, value_invest or winmal can shed some lights for us ? Anyone care to throw some numbers for next month quarterly results ?

arbao

84 posts

Posted by arbao > 2016-10-31 20:34 | Report Abuse

Advise to sell all scomi share, keep on sinking..

VinTan

157 posts

Posted by VinTan > 2016-11-01 08:55 | Report Abuse

http://www.enanyang.my/news/20161031/【独家】冷眼盈利增加股价走高br-找有两个引/

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-11-01 08:57 | Report Abuse

Don't buy oil n gas stock

value_invest

1,152 posts

Posted by value_invest > 2016-11-11 17:07 | Report Abuse

UMW Oil & Gas Corporation Berhad (UMWOG), through its subsidiary, UMW Offshore Drilling Sdn Bhd, secured a contract to provide a jack-up drilling rig and services for the Ophir Field, located in Terengganu. UMWOG also confirmed that Ophir Production Sdn Bhd (OPSB), a joint venture owned by Australia-based Octanex Pte Ltd (50%), Scomi D&P Sdn Bhd and Vestigo Petroleum Sdn Bhd (20%), awarded them a letter of award for the service.

lian998

464 posts

Posted by lian998 > 2016-11-20 20:53 | Report Abuse

Not dare to touch since cut 0.17. Coming should be lower than EPs-0.65

JackMa123

117 posts

Posted by JackMa123 > 2016-11-22 22:29 | Report Abuse

will come rm0.07 soon

nippy65

197 posts

Posted by nippy65 > 2016-11-23 11:18 | Report Abuse

I see crimson coming. Anything promising that have been announced during or prehaps I have missed the pass 6 to 7 months ? What do you see ?

JackMa123

117 posts

Posted by JackMa123 > 2016-11-28 18:47 | Report Abuse

Financial Reports is out, revenue dropped 50%.

JackMa123

117 posts

Posted by JackMa123 > 2016-11-28 21:20 | Report Abuse

From the Statement of -> "Having said all that, Scomi expects its performance outlook to "remain challenging" for the rest of the financial year."

Meaning they going to continue burnt cash until further notices.
Observed poor management especially on the Operation site, revenue has been dropped 56% but the operation cost almost still maintained at same spending level compared with 2015(Period of high revenue).

JackMa123

117 posts

Posted by JackMa123 > 2016-11-28 21:21 | Report Abuse

Ensure you all are away from this counter, dont get yourself burnt and stuck.

JackMa123

117 posts

Posted by JackMa123 > 2016-11-28 21:22 | Report Abuse

Worth value only at RM0.04 - RM0.06

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