@goodiewilly please recheck ur calculation of 60 days.

60 days is 16 June 2019. So, what you mean is today? Can you count rightly? If he paid, only Monday will announce the news.

The announcement deadline is next week. Not today. If you panic sell, it's your fault for not researching well enough on what is the payment deadline

@msys what did you mean by "with RE photovoltaic soon"?

You think LKH will do such thing to jeopardize Bandar Malaysia? @Lapsang You don't bite the hand that feeds you

What about KTB? Is there any good news for them?

The launch of project may delay. But the securing of project can't be delayed by payment of deposit.

@msys what u talking about?

They sure will announce(this is guaranteed). If Bandar Malaysia is forfeited, govt will need to tender to find new master developer. You can't say because private company then dont need announce, this involves market as a whole.

I have a feeling that Bandar Malaysia news will not be out this week, but next week.

Trouble Huat how U know ?

well its two more days to go. Then no need argue about speculation about BM. Either kyy is right, then other is wrong and vice versa.

@John Lu, Yes, they wont make announcement on BM here. But what we are waiting for is potential restructuring exercise announcement, i.e. backdoor listing or merger.

Where is the news after 5 PM? I heard many people say after 5pm got news. Say tmr 9am-10am suspend. I dont see any sort of things happening.

I don’t see how IWH would want to use IWC when they have no cash flow to inject to BM for project. Ekovest and IWH, IWC 3 way merger may be possible

What is ur source ? Insider said is u say la.

We all think the highest probability is BM will continue under IWH because they could pay last time, why can’t pay this round ? So the market expectation is this as well. I also hold this view. But highest probability is not always the outcome because there’s still the small probability of losing BM. So, let’s wait and see, whether what’s LKH move to make BM a reality or not

Can anyone tell me when is the rights will be issued to shareholders to be subscribed? Thanks

Wow, that's good news. No wonder IJM and new investor confident of the future of Scomi in turnaround by new management. Now just need them to win more projects.

Let's wait and see. Now all is rumours until the official announcement is made. I won't be too excited yet, but all signs and possibilities shows deposits should not be a problem for LKH.

Why would China take out deposit for 40%? They can lend to LKH, but definitely not pay on their behalf. Ultimately LKH need money to pay after that. So China could pay first, while waiting for LKH to restructure his companies to pay his portion later on.

LKH need to somehow help his loss making company IWC, but he can't merge IWH with IWC only cuz he also needs the cash flow. I think it will be 3 way merger to be able to save IWC as well.

No price movement today. Maybe 2nd half of the day like ytd

I guess we just have to wait and see. If u know something, good for u. But I am no gambler. I have been accumulating since 0.45.

If you think LKH will let go off Bandar Malaysia opportunity, you all must be dreaming. Last round they paid the deposit which was refunded to them after the deal got terminated. What makes you think this time they will fail to raise funding with strong backing from CREC?

But, why can't Ekovest takeover IWH? IWCity will just be a subsidiary of Ekovest then.

IWCity although price move up and down, in the end where is the cash going to come to pay for IWH? This needs to be answered.

If u say IWCity, IWCity don’t have the cash flow to support IWH needs for Bandar Malaysia development. Mind to explain ur rationale?

Let's have a discussion. Who here thinks that Ekovest will merge with IWH to build Bandar Malaysia? If so, why? If not, then how would he approach the deal?

So i waiting for new management to show me at least 1 very good quarter results to show they are trying to grow the company, not just talk only.

I worried new management all talk but no action because the company doesn't show any grwoth in financials yet. I have 100k++ shares.

Armada option to raise by cash call will be determined whether they can find a buyer for idle FPSO and OSV at a okay price. If not, by end of this year rights issue will come

sadly the growth is not high for now. They need to be more aggressive a bit

The rights issue is at 0.045sen, whatever news to scare people. If it doesn't hit below this price. No one will buy

1 say GOOD news, 1 say bad news. But everyone dont say what is it about at least?
Seriously dont waste people's time

@oldchinaman please share. ;)

What good news? Please do share.

Please dont just look at i3 the QoQ% and YoY%. The system always show incorrect %. lol please open the report and read it for yourself.

Smaller losses compared to 1 year before if we compare Q1'19 (-4.02sen) vs Q1'18 (-14.59sen). And YTD also showing smaller losses. Why everyone so negative? Just mean they have istop the bleeding, better cost control and moving forward they will try to win business. I see it as a good turnaround. Unless I am missing something, please point it out thanks.

@LearnFromMistake, if you thought after 1 quarter can make profit, you must not read the annual report of PLS. If you did, you will know that palm oil prices are low now hard to be profitable, also look at the age profile of PLS. Most palms are so young meaning the FFB yields are not high and will improve in the coming year. So, overall I still see that PLS is doing not so bad.

PLS qtr is not so bad. The larger lost is due to non cash item, depreciation which means the lost is lower than u all think.

What do you mean in full swing ? Meaning can see big financial improvement by when ?

Accumulate as it falls, discount to a growth company. I would love that.

What we will know? Ekovest merge with IWC? Already all the minority reject, what makes it different this time? Unless he do 3 way merger then it will be mega deal. Please share @oregami what is the news that we will know?

Anyone went to AGM? Can update here

I want laugh at ur TP of 55sen. This EPS should push it up towards RM0.8-1

I don't see why price will up to 20 sen before share consolidation. My guess is both of you don't understand the proposal exercise. That 0.18 rights issue price is actually 0.045

I see both quarter and YTD up, can someone explain why you all say qtr is down, but YTD is up?

So for each share, we are entitled to 1 rights issue ? Anyone can confirm ? Thanks

@MasterYoda Please enlighten me how is Scomi going to kaput? Debt problem solved, Prasarana job is ongoing. And management injecting money in hope to pursue new leads. So, what is kaput? Who is in denial?