well said. you can count me in.

Thanks for your guidance.

Sorry I still do not understand why the par value is important.
In MAS case, we already knows that the co. had been making losses and now it decides to make it more realistic by writing them off via a reduction of par value. I think it goes down because of the rights issue as the fund managers etc does not want to throw good money after bad

If a company wants to issue shares below par, they can easily do the above or in KNM's case credit the balance from the reserves, share premium a/c etc.

If no par value, then all company have to declare their dividends in sens rather some in percentage and some in sens.
Just my 1/2 sen as I may have left out something

Got stray animals? Just call the Vietnamese and they will thank you. It is not cruel if you eat them.

Please don't turn this into a race issue. It is just that what Faisal is hard to believe but that does not mean that he is a con. It is wrong to call someone a con without prove. It is hard to achieve what Faisal had done but it is achieveable. Congratulations anyway.
Please don't let one person's wrong spoil the whole atmosphere for you. From the above I can see that you have a lot of supporters. So please don't leave. Keep us informed. Thanks.

1) 1 for 1 bonus share is not share split though the ex-price has the same effect. for the bonus share if you hold 20,000 before ex date then you will get 20,000 extra shares. tOTAL 40,000 shares @10 sen nominal value.
For share split, you also have 40,000 shares but @ 5 sen nominal value.

2)What kevin says is the ex-price and what robert says is what he thinks is likely the actual trading price on Monday. I think it maybe 19 + 19 + 8.
goodluck anyway.

already x, so no more consolidation. If cannot afford to lose, best not to touch such counter. Not surprise after consolidation price keep going south to reach what 4 sen. Recent examples are Lioncorp and KNM. Maybe there are some that shoot up after consolidation. But this sanichi is a lousy counter and most probably keeps losing money. A big black hole????

Sorry to hear about your oversold problem Kenshin & Spy123. Best to change to online trading to overcome this kind of problem like kasim said. Also online is cheaper. Ask those lousy remisers to eat themselves.

Thanks kcchongnz. Very informative.

All must be welcome but places limited to 100 places. Please register early and bring along your cheque for RM10,000 per person. Just joking.

Maybe try starting to invest from 2003 - 2012 and see if you can make it Maybe with certain criteria like no warrants or call warrants etc

bird_81. are you sure it is dec 2012. It must be Dec 2011. At the moment it is only Nov 2012 where can have Dec 2012 report?.. At the moment the best we can hope for is the Sept 2012 qtr report.

head & shoulder ?

KC you are right and everyone is wrong this time.

OR = 70 sen
subscribe = 128 sen
total = 198 sen
warrant cost = 198 - 160 (current price) = 38 sen

conversion price = 228
premium = 228 - 160 + 38 = 106 or 66%
for me the premium is too high. Either the warrant price will come down alot or the mother will go up alot. Most probably the warrant will come down.
Just my own opinion. Do you own analysis before deciding. Goodluck.

Tonylim, then you will be a very rich man. Just convert all your warrants at 40 sen per share. That means as long as the Scomi is over 40 sens you will be better off converting. The coniseration is when you receive your Scomi in about 3 weeks time (?) will Scomi be more than 40 sens.

KC - good morning. It's not that we all are not replying to your post. It is too intellectual for us and we need time to digest. Anyway in the middle of the night only the eyes are working overtime but the brain refuse to work.

Also our friend Frank must had too much drink he's sleeping in his job. he he he

must be flowerpots made of gold or platinum.

this AK is a son of a bitch. He force us to sell to him at low PE and repackage it and sell to us at a high price. Already so rich yet so so greedy. to hell for him.

ha ha somebody rich is also very humble. Good good keep it this way.

Rocket - I believe RC stands for Raymond Chan (of Harvest, Aglobal etc fame) and not Rose Chan.

Thank Frank. Now I am on board all three (land, sea and air) to save myself the agony. Now just enjoy the excitement and hopefully with some pocket money. Good luck to you and other Scomi kakis.
Let's swim together or sink together. he he he

Don't worry pathew, Frank is a vampire. His empire is in the US so he roams here at night. he he he

Congrats Mr Teh. Keep it up. If only we have more dedicated teachers like you. Now we have too many teachers care too much about money. Maybe because they are underpaid.

Don't worry, I'll sent Carrot to comfort you. Maybe you can say that you 'borrowed' withou his permission.

Take care Frank. Make sure its not your from the Sheriff. We do not want to see you in jail. he he he

In this case best to buy Scomi and you have all the best in the world.
If Scomien and/or Scomimr go up, Scomi beneifts. If Scomi goes up, Scomien and Scomimr does not benefit. Mind you I have only Scomimr.

Hello Frank. If got money buy 20% KNM 80% Scomi. When Scomi hits the top then if possible switch to KNM. Just a thought not to be followed. Playing with monopoly money only. he he he

If big boss where got involve directly. Get caught also small cronies only. In Malaysia they always hide behind while the cronies does the donkey's work. Now they also come out acting like a hero or a very good person and are very innocent. Look at those goreng counters esp, the famous RC.

No No it is not frankly speaking. It is Frank speaking, he he he

congrats to you.

Bob will still kena because he will have to do a bank guarantee unless he got someone to do the guaranteeing.

Good write up. Thanks

SCOMI HAD LIT OFF. BYE BYE

boss say stop it. so no more comment.

she is superwoman. wear underwear on the outside one. he he he

Frank please play that song "the rocket man" by elton John. Everybody onboard now Count down to begin soon and we gonna fly to the moon.

C Thomas. What goes up must come down but what goes down may not come up. (Law of gravity??? )Look at all those delisted and some keep asking for more money like right issue and may take manyx10 before may come up.
If you are holding Emico say at RM10 when it fell from RM27, then you may have to hold it forever and even delist one day. Just my 2 sens

King Cong

NO WAY. SORT OF ALREADY CLOSE AT 0.42. YOU CAN ONLY BUY AND SELL AT THIS PRICE DURING THE LAST 10 MINUTES BEFORE CLOSE.

May I add KC Fan

Scomi not moving because scared of UVA (unusual volume activity) lol

Thanks bullbear. From the above it seems they are very kind people giving you money (interest) with no risk (gold bars). If you 'invested' RM 10,000, you will receive RM200 + per month. How does these good people (seller) gets their return. They receive RM 10,000 from you, takes the money to buy gold for you as collateral. Balance zero yet have to pay you hibah, consultation fees, rent, salaries etc. Somewhere along the line there must be a flaw like pure gold + alot of impurities so that the collateral is only a small percentage of what it is worth. Anybody to commend?

No effect but share price fell like hell.

what UMA still going down? Up got UMA goes down. Down got UMA got worse? Better don't issue UMA.

Can someone enlighten here how they actually operate. I heard that they were given gold bars which is worth the amount they 'bought/invested'? What happened to the gold bars? Fake? Diluted? etc????? Thanks in advance.

ah MS LAI a muslim?

must be NGO

Morning Frank. Seems Christmas coming early for Scomi members. Congrats.

Best is to pay dividend in terms of share if the dividend is subject to tax at 25%. Once received the shares the shareholder can either hold or sell any amount they like according to their choice. If they need the money they can still sell it or invest in other counters that can offer a better return. If not just keep it.

If the company does not pay dividend, then the share price may not go up much and the management may squander the money away or privatise it on the cheap. Look at KPSCB, company is earning good EPS but never pays dividend.

Well, friends I think the price adjustment will not be 50% unless the market turns very bad.
Say have 2,000 sh @70 sen = RM1,400 + 1,000 sh @ RM400 (Rights sh)
therefore 3,000 sh cost RM1,800. Average cost per sh = 60 sen

So if KNM is at 70 sen immediately before the ex date, then the reference price is 60 sen.

By my observation, usually new warrants are at about 40% premium. At close CSL = RM1.07. At 40% premium = 42.8 sen. Less (RM 1.15 - RM1.07 = 8 sens) i.e conversion price less current price, I think the warrant should be about 42.8 - 8 sens = 34.5 sens. Hope the warrant still got a lot of potential. Please let me know if my reasoning or computation is wrong. Thanks in advance. Just hoped to shall. Any experts around?