Woo, it seems like more and more comrades here. :)

@maukaya: The news that SCOMI failed to bit for RSC at the second round was out-dated. It was announced in Jannuary this year. We are now looking forward to the upcoming third-round RSC open tenders.

Hi, SCOMIES folks. This counter indeed has a good potential to fly high. Just keep it regardless of the current price movement. You surely can realize your profit then. Oil and gas demands remain intact. Somebody thinks that the PE for oil and gas is already too high to attract ones to buy. Their assumption that PE remains at high level based on the existing earnings per share is false. Buying a stock is claiming for the future income stream generated from the business. If you put more weights on the previous poor performance, definitely you are not a forward-looking investors. The company's earning visibility is significant. Imagine, once the MYR 5 billion of order books is reaped for the next three years, it will be possible to buy this stock at the existing price level. No worries, folks, believe in your judgement.Happy trading and investing *\^-^/* \

@Stockinsider: Is that true? How do you verify the reliability of the source of information. You have better not be cheated by others. Of course, I have been holding this stock for quite a long time since it was at 0.70. Hhm, hope you are right.

This is a fundamentally-sound company. However, because the behavioral practice - buy on rumour sell on news, the stock price will be adjusted downward, probably back to 0.91-0.92. Stock price which once surged drastically must have correction in order to sustain the price growth.

@trioloo86: When people board, you alight; When people chase for SERSOL, you get into it - no wonder you lose a lot. This is not the right way to both investing and speculating.Fundamental and technical show it is a good buy oppoturnity now. Why did you not have patience to believe in this counter/ Aiyo, sayang~~~

By the end of this month, this counter will surge and break through 1.00 upon the announcement of the 2nd quarterly earnings report. One thing we have to take note of is the company has already changed the financial year end period from the previous 31 December to 31 March (as referred to the annual report FY2013). Many may think that this does not really matter. In fact, to me, it shows the company's (SCOMIES, a new merged company) intention that it would like to make up a good earning record in the new financial year by discarding its poor earnings records in FY2012 after the acquisition of Scomies Oilfield limited on 12 March 2013. It means that this counter is no longer the old Scomi Marine Bhd but a new consolidated entity of both Scomi Marine and Scomi Oilfield. Scomi Marine in fact does not register good profiting in its marine business in Indonesia due to lower and competitive service charges on the transportation and logistic business which potentially reduce the earnings accordingly. The question is why investors still buy this stock? The reason behind is very simple because SCOMIES whose oil and gas division (the old SCOMI Oilfield) engages in its respective industry which is deemed having good business growth prospect. The value of book orders to date registers MYR 5 billion. Plus, the company is still actively participating in PETRONAS upcoming projects open tenders. It sounds it is ambitious to grow as a main oil and gas player that is comparable to SKPETRO. Actually, the company case is quite similar to Sapura Petroleum which then merged with Kencana Petro to become nowadays SKPETRO. Scomi and Sapura are Malaysia-based conglomerates. Perhaps, both companies share common corporate strategy to grow their business. I think if SKPETRO is a successful case, either does SCOMIES.

Next month, focus is laid on oil and gas sector amidst the SRC contracts rewards.

Capital Mall rejects the acquisition of TROPICANA City Mall and Tropicana City Office Building from TROPICANA. Both parties fail to make a deal during the negotiations. http://www.nanyang.com/node/575370?tid=462

Petronas is going to award more oil and gas projects to those companies which engage in upstream production line in November. ALAM, SCOMIES, PERISAI are my top picks.

Hooray....ALAM will breaks through 1.60 tomorrow.

The government plans to build additional 22k ++affordable homes under PR1MA Project. Let'see.

Yes. I agree with both of you. The Najib has already promised to build more PR1MA affordable homes to mid-low class. You may refer to the BN manifesto. Hope this evening PR1MA 2.0 is on. Then, Gadang gradually will go up to TP.

Dividend rewards. It's already proposed in the FY2013 Annual Report. However, the proposal has to be passed during the EGM/AGM.

Gadang folks, tomorrow don't simply cash out, hoard it until it reaches $1.10. Let those who leave the boat earlier regret.

Hooray!!!!!!!!!!!!!!!!!!!!!!!!!!!!Gadang folks, tomorrow let's reap the fruit of success. Our patience is rewarded soon.!!!!!!!!!! Remember, another bonus, $0.03 per share, dividend.

By the end of this October: proposed dividend $0.03 per ordinary share. Breaking through 1.00 is not a problem.

Big Fat: I think it should be 5413 instead. Buying 4D means 5413, kena jia ka liao.

Although this news was released in August, but no so many investors care about this. The upcoming budget will focus on promoting more welfare to mid-income class. One of which is 1Malaysia Affordable Housing. 250,000 can afford a bungalow.

http://www.btimes.com.my/articles/gadang07/Article/

Bingo! How smart am I. The price goes down now. :)

Bought at 1.88, averaged down to 1.62, bought some more at 1.55, again averaged down to 1.51.

Heng88: hold it. Leave it aside. You will get a surprise by the end of the year.

Already 2.59. Then, 2.58, 2.57, ......, 2.50!!!

No point to chase at the moment, wait until next week, then can but at cheaper price. Stock market is crazy. Malaysian IPO traders typically bought at IPO issue price and then had to sell them off at price higher than IPO price. Today, price will close at 2.55-2.60. Next Monday, the transaction for this counter will be cooling. Next week is not a good trading week as national budget is going to be released. When the trading mood goes down, price will be depressed accordingly. What you can foresee is that you can buy this counter at cheaper price. Then, question is why you want to rush and but this counter now. Queueing at 2.40-2.50 is better, isn't it? You may refer to post-IPO price movement of SKPETRO too. It should apply to this counter as well.

Inverted hammer, time to realize profit.

http://biz.sinchew.com.my/node/82949?tid=18

TA's fair price is 2.30:)

feez_83: why buy? Do you foresee any big announcement regarding the asset acquisition in near term?

Inverted hammer. Beware.

Down trending stars from today to all counters if you took a glance at the trading volume this morning though about 12.30pm the fall shrank.

@anbz, local players play with each others.

Indeed, the stock have been fluctuating within the band from 1.54-1.56 for past few days. This counter is mainly hold by local institutional investors and retail investors. QE issue will not have significant impact to this counter. Only the company's directors determine the price trend. As the stock price trends down, they can accumulate more. Yau, the CEO exercises his employee's options to get shares now. On the other hand, Kong disposed ALL his shares. Though the numbers are not significantly large, what does it indicate?

@Rambotan, stock price just broke through within a few minutes. How do you predict that Dickson enters the market already. The EGM just started. I think some "operators" behind the screen are trying to manipulate the share price further. And, in case today the proposal of new private placement is approved on the EGM, the stock price will move up to 1.78 which is the guaranteed price of new private placement.Investors tend to take it as a benchmark.

Hammer is formed.

Somebody is going to support the counter.

Financial result will be released on 27 of August.

Yes, the land sale is real as I just saw the announcement made by Albedo in Singaporean newspaper.

@KAHFIEHLAI: you seems understand the organizational behavior very well. If you are right, given that the fundamental of this counter is sound, only time will matter for us to reap the gain.

The upcoming release of quarterly report may bring surprise to shareholders. Analyst expects MAHSING will record 80 million of net profit. Also, as the ex-date is around the corner, it is possible that the stock price will be pushed higher to RM 2.50. In longer term, the stock has more upward potential. Many investors interpret the loan curb introduced by Bank Negara in negative way. However, the demand for property in Malaysia still remains strong and the prospect of this industry is considered intact. Plus, the depreciation of MYR against SGD will encourage more Singaporeans to buy properties in Malaysia. If you refer to the news a couple of weeks ago, you will find a headline "Singaporeans made 90% deals for new properties worth 48 million within 4 days ". With such, you will roughly figure out what is happening in Malaysian property market.

Belated duit raya.

Malaysian Ringgit depreciates to new low via-a-vis Singaporean Dollar at 2.547 across 15 years. This could be a supplement to support the heating demand for properties in Iskandar.

Breaking 2.50. All the way up to realize its fair value.

Personally, I am not so familiar with the warrant. But, I expect the price will soar when it approached the ex-date. It's just my intuition.

All the way to north.

To me, this counter is not suitable for contra players. You need patience to reap the fruit. I have been holding this counter for nearly one month and observing the price movement from the trough 1.77 to 1.90 around these weeks since the plunge from 2.20. Technically speaking, I assume the price will consolidate within the range 1.85 to 1.90 at the moment. Basically, the company does not face any problem in the fundamental though some may criticize the company excessively leverages to aggressively carry out projects. However, they are trying to de-gear the debt position by reducing debt amount by 600 million by the end of 2013 (Refer to the 23 March news release). To me, I think it takes time to realize the upward potential. Last but not least, I think the company has its own way to nurture prospective successors in future. In the board, we can see the old Tan has led three of his children to be members of the board to get themselves familiar with the business before he retires. As compared to other companies, like UOADEV, we do not see any potential successor yet its current leader is old.

No worries, this happened to MAHSING two weeks ago.

Having kept a close watch on the transaction records, there is 99% of probability that somebody else is manipulating the stock market. He deliberately presses down the price at the moment and hence cause panic sales among retail investors. Like what @HuaTTa said, good point!

I know some of you guess if the EPF will merge MBSB and RHB. But, do you think it's worthwhile for EPF to do so. As everything right now is doing well, what's the point for the M&A to be carried out.

@heeroo, I seriously doubt you are disseminating unreliable news to call others to join your herd. You shouldn't do so by right. This kind of rumor will mislead others. You have better do your analysis first and come up with a solid reason to convince yourself and others. Bear in mind not make yourself misled by rumor and also mislead others to listen to your rumor.