Reported on 20th July, Mumbai Metropolitan Region Development Authority has agreed to pay a higher per trip cost to Larsen & Toubro - Scomi Engineering for the running service of the monorail from Oct and negotiation are on for a final figure. It covers almost 20 km, Chembur-Wadala-Jacob Circle corridor. Is this the silver lining for things to turn around ? Is this the reason why Friday's vol picked up ? Can Scomi fulfill their part to refurbish and deliver the balance trains ? Anyone has got the latest status onthe Sao Paulo monorail ? What about the solar power distribution,30 MW renewable energy project in Kedah to be commissioned in December 2018, any latest news ?
I told you this is a turnaround year for SGB.Welcome MR SAMMY TSE KWOK FAI as Executive Director. Now see SGB start moving upwards! Don't miss your train!
Hi dompeilee, i see you are very good in picking stock. Please I would like to learn from you. What the criteria you looking for when you pick this SCOMI and how long you plan to hold? Are you using FA and TA techniques?
Finally he quit as CEO. Bad CEO and manager of the company as he made so much losses. New CEO should bring in new business and fresh funds. Brighter prospects going forward
The company is to far gone for a new CEO to make the slightest of difference. All Shah has done is line his pockets alone with all the other directors etc etc for as long as the company could support it. The rats are deserting the sinking ship.......
From the Mumbai Mirror eEdition dated 4th Aug 2018. MMRDA goes back to Malaysia-based firm Scomi, which launched monorail in Mumbai, after other companies quote amounts two to six times the budget allocated to run the network to resume 1st Sept. How much and the scope of work Scomi is getting out of the O&M service is not mentioned. Running with the 6 rakes available and lacking in parts as previously published, one wonders if this is a risky undertaking that can throw a spanner into the works for unforseen breakdown and scheduled maintenance. .AGM is coming this month. I hope concerned shareholders will posted plentiful of questions for clearer direction of the company in regards to 1) drilling fluid and its current relationship with Nanochem which is currently suspended in the AIMS mkt, UK. 2) waste management. 3) sales of asset, offshore vessel. 4) Renewable Energy venture, hydro and wind. 5) marine services 6) status on compensation for the OPHIR debacle. Is Sammy Tse the Midas touch that will make the difference to turn the corner ? is a very winding road to traverse. Every corner it takes is sharp.
big problem for Scomi plant in Rawang. They didn't pay rental and now all the staff can't go in to work. Owner come and take over the plant. Just happened yesterday.
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....
oldd
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Posted by oldd > 2018-06-13 09:05 | Report Abuse
there are rumours that company link to Mokzani interested in the private placement. can anybody confirm