Highlights
KLSE: SCOMI (7158)       SCOMI GROUP BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
0.045   0.00 (0.00%)  0.045 - 0.045  43,000
Trade this stock with 3 x trading limit. Find out more.

Financials


Market Cap: 49 Million

Market Cap 49 Million
NOSH 1,094 Million

Latest Audited Result:  31-Mar-2018

Latest Audited Result: 31-Mar-2018
Announcement Date 01-Aug-2018
Next Audited Result: 31-Mar-2019
Est. Ann. Date: 01-Aug-2019
Est. Ann. Due Date: 27-Sep-2019

Latest Quarter:  31-Dec-2018 [#3]

Latest Quarter: 31-Dec-2018 [#3]
Announcement Date 28-Feb-2019
Next Quarter: 31-Mar-2019
Est. Ann. Date: 31-May-2019
Est. Ann. Due Date: 30-May-2019
QoQ | YoY   21.10%  |    54.51%

Annual (Unaudited) ( EPS: -22.72, P/E: -0.20 )

Revenue | NP to SH 703,824  |  -248,481
RPS | P/RPS 64.34 Cent  |  0.07
EPS | P/E | EY -22.72 Cent  |  -0.20  |  -504.78%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.32  |  0.14
YoY   -130.95%
NP Margin | ROE -46.36%  |  -71.07%
F.Y. | Ann. Date 31-Mar-2018  |  31-May-2018

T4Q Result ( EPS: -21.34, P/E: -0.21 )

Revenue | NP to SH 553,972  |  -233,455
RPS | P/RPS 50.64 Cent  |  0.09
EPS | P/E | EY -21.34 Cent  |  -0.21  |  -474.25%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.24  |  0.19
QoQ | YoY   10.16%  |    -47.18%
NP Margin | ROE -49.03%  |  -88.92%
F.Y. | Ann. Date 31-Dec-2018  |  28-Feb-2019

Annualized Result ( EPS: -9.21, P/E: -0.49 )

Revenue | NP to SH 562,465  |  -100,738
RPS | P/RPS 51.42 Cent  |  0.09
EPS | P/E | EY -9.21 Cent  |  -0.49  |  -204.65%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   5.90%  |    16.59%
NP Margin | ROE -17.36%  |  -38.37%
F.Y. | Ann. Date 31-Dec-2018  |  28-Feb-2019


Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Click here to modify the Visible Columns.

Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Mar-2019 28-Feb-2019 31-Dec-2018 3 134,181 -16,381 -19,789 -22,025 - 262,537 - % -14.75% -8.39% 1,093,907 12.27 12.27 -2.01 -2.01 0.00 0.00 0.2400 0.24   21.10%   54.51% 31-Dec-2018 0.055 0.45 -2.73 0.23 -36.61% 0.00% 28-Feb-2019 0.04 0.33 -1.99 0.17 -50.34% 0.00%
31-Mar-2019 30-Nov-2018 30-Sep-2018 2 142,887 -22,509 -27,805 -27,914 - 317,233 - % -19.46% -8.80% 1,093,907 13.06 13.06 -2.55 -2.55 0.00 0.00 0.2900 0.29   -8.98%   -7.42% 28-Sep-2018 0.08 0.61 -3.14 0.28 -31.90% 0.00% 30-Nov-2018 0.055 0.42 -2.16 0.19 -46.40% 0.00%
31-Mar-2019 30-Aug-2018 30-Jun-2018 1 144,781 -23,046 -25,636 -25,615 - 328,172 - % -17.71% -7.81% 1,093,907 13.24 13.24 -2.34 -2.34 0.00 0.00 0.3000 0.30   83.78%   -58.31% 29-Jun-2018 0.115 0.87 -4.91 0.38 -20.36% 0.00% 30-Aug-2018 0.065 0.49 -2.78 0.22 -36.02% 0.00%
31-Mar-2018 31-May-2018 31-Mar-2018 4 132,123 -191,431 -198,377 -157,901 - 349,650 - % -150.15% -45.16% 1,092,657 12.09 12.08 -14.45 -14.43 0.00 0.00 0.3200 0.32   -226.15%   -132.06% 30-Mar-2018 0.12 0.99 -0.83 0.38 -120.43% 0.00% 31-May-2018 0.12 0.99 -0.83 0.38 -120.43% 0.00%
31-Mar-2018 28-Feb-2018 31-Dec-2017 3 184,085 -57,531 -63,340 -48,414 - 418,678 - % -34.41% -11.56% 1,903,083 9.67 16.83 -2.54 -4.43 0.00 0.00 0.2200 0.38   -86.31%   -684.16% 29-Dec-2017 0.155 1.60 -6.09 0.70 -16.41% 0.00% 28-Feb-2018 0.175 1.81 -6.88 0.80 -14.54% 0.00%
31-Mar-2018 30-Nov-2017 30-Sep-2017 2 173,807 -33,467 -36,769 -25,986 - 494,801 - % -21.16% -5.25% 1,903,083 9.13 15.89 -1.37 -2.38 0.00 0.00 0.2600 0.45   -60.61%   -22.81% 29-Sep-2017 0.18 1.97 -13.18 0.69 -7.59% 0.00% 30-Nov-2017 0.145 1.59 -10.62 0.56 -9.42% 0.00%
31-Mar-2018 30-Aug-2017 30-Jun-2017 1 213,809 -24,664 -27,779 -16,180 - 513,832 - % -12.99% -3.15% 1,903,083 11.23 19.55 -0.85 -1.48 0.00 0.00 0.2700 0.47   76.22%   -32.47% 30-Jun-2017 0.125 1.11 -14.70 0.46 -6.80% 0.00% 30-Aug-2017 0.115 1.02 -13.53 0.43 -7.39% 0.00%
31-Mar-2017 31-May-2017 31-Mar-2017 4 224,747 -87,810 -100,142 -68,044 - 585,483 - % -44.56% -11.62% 1,888,656 11.90 20.55 -3.60 -6.22 0.00 0.00 0.3100 0.54   -1,002.11%   -3,369.77% 31-Mar-2017 0.185 1.85 -5.15 0.62 -19.42% 0.00% 31-May-2017 0.155 1.55 -4.31 0.52 -23.18% 0.00%
31-Mar-2017 24-Feb-2017 31-Dec-2016 3 224,581 -5,681 -7,100 -6,174 - 642,143 - % -3.16% -0.96% 1,888,656 11.89 20.53 -0.33 -0.56 0.00 0.00 0.3400 0.59   70.82%   -208.09% 30-Dec-2016 0.12 1.01 -36.71 0.35 -2.72% 0.00% 24-Feb-2017 0.175 1.47 -53.53 0.51 -1.87% 0.00%
31-Mar-2017 28-Nov-2016 30-Sep-2016 2 176,046 -30,589 -31,448 -21,159 - 623,256 - % -17.86% -3.39% 1,888,656 9.32 16.09 -1.12 -1.93 0.00 0.00 0.3300 0.57   -73.24%   -522.42% 30-Sep-2016 0.13 1.39 -11.60 0.39 -8.62% 0.00% 28-Nov-2016 0.105 1.13 -9.37 0.32 -10.67% 0.00%
31-Mar-2017 11-Aug-2016 30-Jun-2016 1 237,563 -17,900 -22,099 -12,214 - 642,143 - % -9.30% -1.90% 1,888,656 12.58 21.72 -0.65 -1.12 0.00 0.00 0.3400 0.59   -686.93%   -225.48% 30-Jun-2016 0.16 1.27 -24.74 0.47 -4.04% 0.00% 11-Aug-2016 0.145 1.15 -22.42 0.43 -4.46% 0.00%
31-Mar-2016 31-May-2016 31-Mar-2016 4 291,728 -21,771 -17,699 2,081 - 518,369 - % -6.07% 0.40% 1,524,615 19.13 26.67 0.11 0.19 0.00 0.00 0.3400 0.47   -63.57%   -86.98% 31-Mar-2016 0.19 0.99 139.20 0.56 0.72% 0.00% 31-May-2016 0.175 0.91 128.21 0.51 0.78% 0.00%
31-Mar-2016 25-Feb-2016 31-Dec-2015 3 373,953 12,853 9,026 5,712 - 694,702 - % 2.41% 0.82% 1,543,783 24.22 34.19 0.37 0.52 0.00 0.00 0.4500 0.64   14.03%   -38.55% 31-Dec-2015 0.17 0.70 45.95 0.38 2.18% 0.00% 25-Feb-2016 0.20 0.83 54.05 0.44 1.85% 0.00%
31-Mar-2016 27-Nov-2015 30-Sep-2015 2 337,756 14,686 6,569 5,009 - 735,696 - % 1.94% 0.68% 1,565,312 21.58 30.88 0.32 0.46 0.00 0.00 0.4700 0.67   -48.54%   -15.30% 30-Sep-2015 0.185 0.86 57.81 0.39 1.73% 0.00% 27-Nov-2015 0.205 0.95 64.06 0.44 1.56% 0.00%
31-Mar-2016 25-Aug-2015 30-Jun-2015 1 379,895 20,025 14,008 9,734 - 648,933 - % 3.69% 1.50% 1,545,079 24.59 34.73 0.63 0.89 0.00 0.00 0.4200 0.59   -39.12%   -14.18% 30-Jun-2015 0.21 0.85 33.33 0.50 3.00% 0.00% 25-Aug-2015 0.14 0.57 22.22 0.33 4.50% 0.00%
31-Mar-2015 21-May-2015 31-Mar-2015 4 436,660 33,101 17,439 15,988 - 0 - % 3.99% - % 1,558,150 28.02 39.92 1.03 1.46 0.00 0.00 0.0000 0.00   72.01%   502.21% 31-Mar-2015 0.245 0.87 23.88 0.00 4.19% 0.00% 21-May-2015 0.23 0.82 22.42 0.00 4.46% 0.00%
31-Mar-2015 24-Feb-2015 31-Dec-2014 3 484,561 24,555 16,840 9,295 - 619,666 - % 3.48% 1.50% 1,549,166 31.28 44.30 0.60 0.85 0.00 0.00 0.4000 0.57   57.17%   114.57% 31-Dec-2014 0.225 0.72 37.50 0.56 2.67% 0.00% 24-Feb-2015 0.275 0.88 45.83 0.69 2.18% 0.00%
31-Mar-2015 20-Nov-2014 30-Sep-2014 2 463,226 20,736 12,497 5,914 - 622,526 - % 2.70% 0.95% 1,556,315 29.76 42.35 0.38 0.54 0.00 0.00 0.4000 0.57   -47.86%   78.72% 30-Sep-2014 0.405 1.36 106.58 1.01 0.94% 0.00% 20-Nov-2014 0.29 0.97 76.32 0.72 1.31% 0.00%
31-Mar-2015 21-Aug-2014 30-Jun-2014 1 414,125 27,064 18,528 11,342 - 605,942 - % 4.47% 1.87% 1,553,698 26.65 37.86 0.73 1.04 0.00 0.00 0.3900 0.55   385.33%   667.39% 30-Jun-2014 0.405 1.52 55.48 1.04 1.80% 0.00% 21-Aug-2014 0.415 1.56 56.85 1.06 1.76% 0.00%
31-Mar-2014 30-May-2014 31-Mar-2014 4 421,288 23,029 3,925 -3,975 - 776,071 - % 0.93% -0.51% 1,892,857 22.26 38.51 -0.21 -0.36 0.00 0.00 0.4100 0.71   -191.76%   95.22% 31-Mar-2014 0.435 1.95 -207.14 1.06 -0.48% 0.00% 30-May-2014 0.425 1.91 -202.38 1.04 -0.49% 0.00%
31-Mar-2014 20-Feb-2014 31-Dec-2013 3 469,638 19,471 10,686 4,332 - 791,060 - % 2.28% 0.55% 1,883,478 24.93 42.93 0.23 0.40 0.00 0.00 0.4200 0.72   30.92%   116.09% 31-Dec-2013 0.365 1.46 158.70 0.87 0.63% 0.00% 20-Feb-2014 0.455 1.82 197.83 1.08 0.51% 0.00%
31-Mar-2014 20-Nov-2013 30-Sep-2013 2 384,609 19,110 11,479 3,309 - 759,123 - % 2.98% 0.44% 1,946,470 19.76 35.16 0.17 0.30 0.00 0.00 0.3900 0.69   123.88%   -87.01% 30-Sep-2013 0.365 1.85 214.71 0.94 0.47% 0.00% 20-Nov-2013 0.38 1.92 223.53 0.97 0.45% 0.00%
31-Mar-2014 23-Aug-2013 30-Jun-2013 1 377,493 15,448 6,294 1,478 - 720,524 - % 1.67% 0.21% 1,847,500 20.43 34.51 0.08 0.14 0.00 0.00 0.3900 0.66   101.78%   -81.54% 28-Jun-2013 0.385 1.88 481.25 0.99 0.21% 0.00% 23-Aug-2013 0.36 1.76 450.00 0.92 0.22% 0.00%
31-Mar-2013 31-May-2013 31-Mar-2013 346,030 -58,685 -71,380 -83,105 - 599,093 - % -20.63% -13.87% 1,536,136 22.53 31.63 -5.41 -7.60 0.00 0.00 0.3900 0.55   -208.60%   -819.96% 29-Mar-2013 0.35 1.55 -6.47 0.90 -15.46% 0.00% 31-May-2013 0.42 1.86 -7.76 1.08 -12.88% 0.00%
31-Mar-2013 28-Feb-2013 31-Dec-2012 3 401,040 49,900 -21,210 -26,930 - 433,045 - % -5.29% -6.22% 1,353,266 29.63 36.66 -1.99 -2.46 0.00 0.00 0.3200 0.40   -205.73%   89.15% 31-Dec-2012 0.35 0.00 0.00 0.00 0.00% 0.00% 28-Feb-2013 0.31 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2012 30-Nov-2012 30-Sep-2012 2 343,480 6,518 2,106 25,470 - 605,088 - % 0.61% 4.21% 1,407,182 24.41 31.40 1.81 2.33 0.00 0.00 0.4300 0.55   218.14%   379.18% 28-Sep-2012 0.39 0.00 0.00 0.00 0.00% 0.00% 30-Nov-2012 0.34 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2012 30-Aug-2012 30-Jun-2012 1 442,866 17,067 15,873 8,006 - 800,599 - % 3.58% 1.00% 1,633,877 27.11 40.48 0.49 0.73 0.00 0.00 0.4900 0.73   -30.64%   -46.61% 29-Jun-2012 0.22 0.81 44.90 0.45 2.23% 0.00% 30-Aug-2012 0.28 1.03 57.14 0.57 1.75% 0.00%
31-Dec-2012 28-May-2012 31-Mar-2012 365,183 22,994 14,468 11,543 - 639,544 - % 3.96% 1.80% 1,559,864 23.41 33.38 0.74 1.06 0.00 0.00 0.4100 0.58   104.65%   15.14% 30-Mar-2012 0.26 0.00 0.00 0.00 0.00% 0.00% 28-May-2012 0.23 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2011 29-Feb-2012 31-Dec-2011 279,025 -210,958 -394,596 -248,225 - 570,849 - % -141.42% -43.48% 1,392,316 20.04 25.51 -17.83 -22.69 0.00 0.00 0.4100 0.52   -2,620.87%   -951.40% 30-Dec-2011 0.28 1.40 -1.57 0.68 -63.67% 0.00% 29-Feb-2012 0.29 1.45 -1.63 0.71 -61.48% 0.00%
31-Dec-2011 30-Nov-2011 30-Sep-2011 3 351,268 1,725 -7,613 -9,123 - 995,454 - % -2.17% -0.92% 1,382,575 25.41 32.11 -0.66 -0.83 0.00 0.00 0.7200 0.91   -160.84%   94.52% 30-Sep-2011 0.26 1.02 -39.40 0.36 -2.54% 0.00% 30-Nov-2011 0.28 1.10 -42.43 0.39 -2.36% 0.00%
31-Dec-2011 23-Aug-2011 30-Jun-2011 2 422,553 32,160 22,785 14,995 - 985,716 - % 5.39% 1.52% 1,388,333 30.44 38.63 1.08 1.37 0.00 0.00 0.7100 0.90   49.58%   314.00% 30-Jun-2011 0.31 1.02 28.70 0.44 3.48% 0.00% 23-Aug-2011 0.29 0.95 26.85 0.41 3.72% 0.00%
31-Dec-2011 26-May-2011 31-Mar-2011 1 306,641 13,474 11,567 10,025 - 974,652 - % 3.77% 1.03% 1,392,361 22.02 28.03 0.72 0.92 0.00 0.00 0.7000 0.89   142.46%   -26.12% 31-Mar-2011 0.32 1.45 44.44 0.46 2.25% 0.00% 26-May-2011 0.28 1.27 38.89 0.40 2.57% 0.00%
31-Dec-2010 25-Feb-2011 31-Dec-2010 4 353,712 -26,732 -47,409 -23,609 - 959,802 - % -13.40% -2.46% 1,391,017 25.43 32.33 -1.70 -2.16 0.00 0.00 0.6900 0.88   85.82%   45.68% 30-Dec-2010 0.37 1.46 -21.80 0.54 -4.59% 0.00% 25-Feb-2011 0.34 1.34 -20.03 0.49 -4.99% 0.00%
31-Dec-2010 26-Nov-2010 30-Sep-2010 3 367,648 -161,100 -163,982 -166,488 - 971,989 - % -44.60% -17.13% 1,388,557 26.48 33.61 -11.99 -15.22 0.00 0.00 0.7000 0.89   -4,696.58%   -824.65% 30-Sep-2010 0.41 1.55 -3.42 0.59 -29.24% 0.00% 26-Nov-2010 0.40 1.51 -3.34 0.57 -29.97% 0.00%
31-Dec-2010 24-Aug-2010 30-Jun-2010 2 429,299 -8,441 -564 3,622 - 1,198,046 - % -0.13% 0.30% 1,393,076 30.82 39.24 0.26 0.33 0.00 0.00 0.8600 1.10   -73.31%   -82.63% 30-Jun-2010 0.40 1.30 153.85 0.47 0.65% 0.00% 24-Aug-2010 0.41 1.33 157.69 0.48 0.63% 0.00%
31-Dec-2010 25-May-2010 31-Mar-2010 1 459,257 29,850 19,068 13,569 - 1,061,921 - % 4.15% 1.28% 1,179,913 38.92 41.98 1.15 1.24 0.00 0.00 0.9000 0.97   131.22%   42.68% 31-Mar-2010 0.38 0.98 33.04 0.42 3.03% 0.00% 25-May-2010 0.38 0.98 33.04 0.42 3.03% 0.00%
31-Dec-2009 25-Feb-2010 31-Dec-2009 4 483,553 -49,122 -44,685 -43,463 - 984,067 - % -9.24% -4.42% 1,025,070 47.17 44.20 -4.23 -3.97 0.00 0.00 0.9600 0.90   -289.18%   -206.36% 31-Dec-2009 0.44 0.93 -10.38 0.46 -9.64% 0.00% 25-Feb-2010 0.42 0.89 -9.91 0.44 -10.10% 0.00%
31-Dec-2009 05-Nov-2009 30-Sep-2009 3 448,481 31,023 28,375 22,975 - 916,984 - % 6.33% 2.51% 1,007,675 44.51 41.00 2.27 2.10 0.00 0.00 0.9100 0.84   10.18%   18.84% 30-Sep-2009 0.59 1.33 25.88 0.65 3.86% 0.00% 05-Nov-2009 0.60 1.35 26.32 0.66 3.80% 0.00%
31-Dec-2009 13-Aug-2009 30-Jun-2009 2 518,868 47,293 28,104 20,853 - 916,726 - % 5.42% 2.27% 1,007,391 51.51 47.43 2.07 1.91 0.00 0.00 0.9100 0.84   119.27%   -39.63% 30-Jun-2009 0.69 1.34 33.33 0.76 3.00% 0.00% 13-Aug-2009 0.71 1.38 34.30 0.78 2.92% 0.00%
31-Dec-2009 14-May-2009 31-Mar-2009 1 520,553 21,521 14,171 9,510 - 920,648 - % 2.72% 1.03% 1,011,702 51.45 47.59 0.94 0.87 0.00 0.00 0.9100 0.84   -76.73%   -56.40% 31-Mar-2009 0.32 0.62 34.04 0.35 2.94% 0.00% 14-May-2009 0.73 1.42 77.66 0.80 1.29% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


Analyze this stock with MQ Trader system
  28 people like this.
 
beige94 now only lets wait and see if Scomi can act fast enough with their private placement to settle their debts.
23/11/2018 5:38 PM
thequalityguy Dont hold your breath though.
23/11/2018 5:56 PM
beige94 @thequalityguy if no private placement then that's just means scomi will soon declare bankruptcy because thats the only way out of this is to get fresh funds externally
23/11/2018 11:39 PM
thequalityguy Looks like private placement will go through. But not sure on the completion date.
28/11/2018 10:38 PM
thequalityguy Hopefully can get some of the funds owed to them, instead of them always being demanded to pay by creditors. Prasarana also needs to pay them their owed sum. But most importantly, they need to get some new business. If not no more incoming funds lor...
28/11/2018 10:40 PM
limen12 well, we all can wait and see. Hopefully when new investor comes in the share price will rebound to the buy in price of the new investor
30/11/2018 1:42 AM
beige94 dont think so quick. Scomi will ensure deal done before PN17. PN17 is only if private investor pulls out.
30/11/2018 11:16 AM
Shines In black
30/11/2018 6:01 PM
Shines Sorry wrong co seen
01/12/2018 8:38 AM
limen12 anyone has any updates on scomi?
04/12/2018 2:35 PM
sasuke headache with this one
04/12/2018 4:48 PM
limen12 any updates on the private placement? anyone knows around when the deal will be done?
04/12/2018 11:24 PM
limen12 CEO was very confident during EGM that private placement negotiation was ongoing. Because they need to avoid PN17, they need cash soon. They have intellectual property for their transport quite valuable, one of the few companies in the world with one.
05/12/2018 3:22 PM
nippy65 Strong Elegance S/B, which Scomi has a 30% stake has signed a power purchase agreement with TNB to undertake and develop a 30MW solar PV plant in Sg Pertani to commence commercial operation on 31st December 2019. Anyone any idea if this is materialising ?
12/12/2018 4:19 PM
nippy65 Error. Should be " ..... commercial operation on 31st December 2018. " So, some source of revenue coming ?
13/12/2018 1:45 PM
nippy65 jackma, in the company webpage , no mention that the PV plant was signed on memorandom basis. Is the cancellation publised ? On the other hand, should the PV plant be up and running as said, they would proudly rush to announce it or its progress. Very very bleak.
14/12/2018 10:03 AM
sasuke wah...good lo..everywhere down. scomi up
20/12/2018 1:34 PM
limen12 any update on the judicial court decision?
21/12/2018 11:58 AM
i_investor RECAP NEWS ON : https://www.malaysiakini.com/news/452999

TILL NOW NO FEEDBACK FROM SCOMI !!!
16/01/2019 12:21 PM
limen12 i think they might have settled the issue.
17/01/2019 8:47 AM
persie DEFAULT IN PAYMENT TO AXIS BANK LIMITED amount RM36mil. On the other hand, Scomi owed Scomies totalled RM47mil. Surely rubbish company. Better run away.
18/01/2019 6:28 PM
CT888 Scomi engrg is bankrupt but not Scomi, as the Scomi eng loan is not guaranteed by Scomi.

Scomi got value as long as Scomies got value !!
18/01/2019 8:13 PM
geraldt9 Parasite co...dependent on ARMNO to survive.
11/02/2019 10:35 AM
LightOfTheWorld so active today? what news
11/02/2019 5:20 PM
Shines Pn17?
12/02/2019 6:25 AM
limitlesss no la...scomi wont PN17...so big company...will up soon to 0.070 by end of feb
12/02/2019 11:23 AM
Infiltrader Scomi Group Bhd and one of its subsidiary have collectively defaulted in RM315.86 million bank facilities due to Malayan Banking Bhd (Maybank).

In a filing with Bursa Malaysia today, Scomi Group said its wholly-owned subsidiary Scomi Rail Bhd received a notice of demand from Maybank for a sum of RM201.91 million, as the latter had failed to repay the bank facilities.
13/02/2019 8:58 PM
346 david already discounted. no effect.
14/02/2019 8:02 AM
persie Another default in payment with bigger amount. A very near to trigger PN17 status. Happy trading for all.
14/02/2019 8:23 AM
kakakemas scomies is better than scomi
14/02/2019 11:32 AM
freeman Move to scomies lah uols
15/02/2019 10:18 AM
commonsense This is a potential PN17 company in the making. It is just a matter of time before they will be put under the PN17 status given the company’s continuous losses recorded since FY17. 2Q19 marks the 10 consecutive losses to the group. Investors need to expect further losses in the near and mid-term.

The recent news on Scomi Rail (wholly own subsidiary) defaulting on their RM202mil loan to Maybank will just accelerate further Scomi’s imminent fall into the PN17 status. Investors need to take note that defaulting on a loan is one of the events that forces listed companies to be put under PN17.

What is worst is that one of the collaterals being given for the loan is a 206 mil shares of Scomi Energy (Scomies) representing 8.8% interest in Scomies. If the ownership of the 8.8% interest is transferred to Maybank, this would mean that Scomi exposure in the company would fall from 65.6% to only 56.8%. Scomi would still be able to consolidate the balance sheet of Scomies but the equity value would fall.

As of Sept 18, Scomies has an equity of RM 533mil of which 65.6% is owned by Scomi. This amounts to an equity of around RM350mil to Scomi’s balance sheet (given that Scomi equity to shareholders is only RM316mil, it would mean that the company other businesses besides Scomies actually carries a negative equity value in Scomi’s balance sheet). A reduction of 8.8% interest in Scomies would see Scomi total equity to shareholder drop by RM47mil to only RM269mil which represent only 40% of total shareholder capital. A fall below 25% would automatically put the company under PN17 status.

Please take note that the balance sheet of Scomi Group itself can already be consider as overvalue. As an example, the total market cap of Scomies is only RM 130mil which means Scomi 65.6% in Scomies is only worth RM85mil in the open market. There is a high potential for the group to be force to impair/ writedown some of their assets which would mean lower “equity to shareholders” which itself would bring the company closer to the 25% shareholder capital limit.

The biggest risk of investing in a PN17 company is the delisting of the company from Bursa. Perisai Petroleum is the most recent example of this.

If you are looking to diversify your portfolio outside of Scomi (due to the risk of falling into PN17 status) I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.
18/02/2019 12:53 PM
Cojack31 Will up..buy..buy
18/02/2019 5:57 PM
legend u jump la..all mati berdiri!!!
18/02/2019 8:28 PM
limen12 can explain why you think the price will go up?
18/02/2019 11:53 PM
Cojack31 Seller still not so much. All put on hold. Confident still there
19/02/2019 9:42 AM
Cojack31 My 2cent opinion. .
19/02/2019 9:43 AM
LionSing why will lose confidence? got bad news?
19/02/2019 9:43 AM
freeman good write up common sense
19/02/2019 9:43 AM
Cojack31 Already up again...tommorow will fly
20/02/2019 6:02 PM
limen12 haha. not down again. Cojack31 seems ur theory not working
22/02/2019 10:04 PM
Shines If default will go to PN17?
23/02/2019 12:35 PM
23/02/2019 12:53 PM
Dickyyou Pak Lah where are you? You not sad to see Scomi 4 sen under Tun M?
23/02/2019 12:54 PM
Hidup_Pak_Lah Tun M no 2/3 majority win in GE14 why no need to resign?
23/02/2019 12:58 PM
chinaman We missed sleepy Pak Lah a lot. Although he always sleeping at job, but the damage to the nation is not worse as much done by Najis and Pakatun within short period of time. wakaka
23/02/2019 1:19 PM
ran777rpt Wow, scomi group is making back, any news?
07/03/2019 9:32 AM
wklee9113 Any news about this share
16/03/2019 10:27 AM
Ameera Stupid counter...
16/03/2019 10:29 AM
Undi_PAS PH/BN sudah cuba apa bagus? Try Pas in GE15.
18/03/2019 2:52 PM