Chinese investor coming in to buy stake in Scomi, since its so cheap at current valuations. And they value their expertise.
http://www.theedgemarkets.com/article/chinese-firms-keen-scomi%E2%80%99s-rail-operation

looking at scomi news history,
in end of 2017, Scomi engineering venture in china monorail jobs and get keen interest from few chinese investors to buy a stake in the company.
http://www.theedgemarkets.com/article/chinese-firms-keen-scomi%E2%80%99s-rail-operation
in 2018, scomi group merged with engineering. Now, with new CEO venturing into China, with private placement coming in. It seems that the turnaround for Scomi with the help of new investor put in private placement in Scomi.
https://www.pressreader.com/malaysia/the-star-malaysia-starbiz/20180804/281535111804327

why suddenly fall?

price keep drop. what happen

Lol. What's the difference ? If bad counter even break 0.10 also won't go up then. Cuz it's bad as u said

@freddiehero you say scomi is bad counter, yet now say can start collect some. why sudden change?

@Lim Tek Wai Gap up?
I dont see any movement at all. lol

what good profit? the last quarter was poor results

oldchinaman any update on top 30 shareholders holdings?

Anyone can update on AGM on how new management is?

Any update from AGM?

@oldchinaman do you still have the same confidence for new management ?

oldchinaman i think ur insight on management improving performance is incorrect. The performance just dropped

price keep on falling down. No floor no news.

Sapukaki I thought quarter announcement is end of Aug.

Dead stock. Management not doing anything

All say insider news. Don't see any news come out also ?

ITreeinvestor and bluebiznet also hold WZ?

Oldchinaman a liar ? Means Fong Si Ling didn't sell his shares ?

Can share what news ?

Is your confidence the same reasons as oldchinaman, in hoping that new management will take over the operations by year end? @Stead

But u know oldchinaman ?

apolloang also major shareholder in WZ?

How to buy when no volume ?

How do u request top 30 shareholder list ? Anyone can request ?

Haven't heard of this super investor. Can share any link about this guy. Also, how u know he invested ? Did he invest 719k in number of shares ? Don't see any share volume to justify that amount also

I see. Okay I top up and hold then. Hopefully you are right. But the CEO of Hengan only holds indirect stake in Wang Zheng, not direct. So how certain is it that he will execute and expand cuz he don't benefit directly.

when do you expect to see the impact of new management, @oldchinaman? end of year meaning december?

fong si ling sold all ad? he don't see anymore upside?

If got more upside, why Teo Siew Lai want sell so soon. Only few months ma before Chinese management enter (as you mentioned) to increase profit

from today come out to few more weeks. hahah. after few weeks, you say another few more weeks again. :P

what news? i dont see any news coming out. @PARKER and @1519378884747574

You say very soon. Very soon means months and years ? My definition of very soon means within 1-2 months. Haha.

@GoodBoy heard that for many months, what makes ur call any different ? Lol

cinapeh sounds like u also big into wangzhng

Then it makes u a top 30 shareholder then.

Have u added more, since u have such high views? Just curious.

But why must it be 5% of Hengan ? Haha. I think can triple. To be 15x is bit steep, but I understand ur points

@sosfinance thanks, but did ur FM mention any catalyst for upside movement in the near future? For me the only catalyst I can see is their quarterly earnings report

@sosfinance what is FM? Fund Manager ? Medium Term means 6-12 months or 1-2 years ?

Old china man RM 15 in 2 to 3 years is too optimistic. Haha

0.4% of total outstanding share

So is just speculative news.

Huat stock ad past two weeks still no news. U sure got anything happening?

oldchinaman China management only takeover year end, meaning they not yet pursuing expansion of SEA

Get a better bid ? What do u mean a better bid ?

Anyone can share updates on future plans for DNeX from AGM?

what catalyst are then there for it to go up other than the disposal?

So long no movement. No news on its disposal of its insurance business. Anyone can share any update ?

Can someone please update anything mentioned in AGM about future expansion plan of the company