Scomi debt per share is non current + current borrowings divided by the NOSH = RM184mil/1094mil shares = RM0.17 per share as at their latest quater.

I am saying based on ur computation saying Scome stake in Scomi Energy is RM0.17 per share. Hypothetically, even if Scomi Group can realise this by selling their entire stake of scomies which is RM0.17, but they have RM0.17 of debt to pay off. So, net net is still zero.

So, to say Scomi is worth RM0.17 purely based on their stake in scomies fails to take into account their debts that they need to pay off.

Scomi stake in Scomi Energy is 0.17sen. But, dont forget to minus off the debt that is on Scomi books which comes up to around 0.17sen per share. So, net net is still zero unless Scomi wins some new projects, then its share price will go up.

@VivaVivo2017 firstly, IWCity also issued a statement saying they are not involved in Bandar Malaysia. secondly, IWCity is not Ekovest subsi, it is IWH subsi. Therefore, your points are not valid. The only point i can agree is that Ekovest will benefit from BM directly or indirectly which we all already know since day 1 of BM being awarded to IWH-CREC.

all these insiders have clashing insights. One say will continue, one say its off. clearly all also don't know anything and waiting like the rest of us,

yet scomi share price remains low because havent clear the waiver yet.

@goodiewilly if what you say is true, then the share price will free fall in the next few days. If not, your news is also not reliable. So, let's wait and see

went up and come back to square one. while scomi energy is up

@bursalord888 your rocket forever failing to fly.

okay i trust in you investopology. Do you have any idea around what month the rights issue will come?

its now below 7.5c. Now its 7c. i am worried

Scomi not holding well in this bloodbath.

why do you think if they get BM, their share price only to RM1? BM GDV is RM140bn project. GDC @ 50% is RM70bn. They replenish their orderbook RM2-3bn yearly already make their share price worth more than RM1.2++

what is happening?

Scomi, the waiver still haven't announced. What's taking so long?

After they got the pn17 waived, then wait for the rights issue and project to come. Then Scomi will be up again.

if news is going to announce, you all think price and volume so calm. Very clear that there's no news today.

If everyone say their information is insider, then should be same information on the announcement date. It seems that everyone insider news is different, which means either only 1 is right and the others are wrong. or all are wrong cuz they dont really know.

@icezai96 you show last updated on 30st Aug. But, Scomi triggered on 30 August as per their announcement. If they can't waive it, they will be on that PN17 list.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6273697

then why you come here spread fake news for? I wouldn't mind even if you dont own Eko, but you come and start a useful discussion, rather than your bs. but sadly you won't stop.

my goodness. this bursalord you went to next level of desperation and shame when you spread fake news.

Scomi need the projects for new monorails to be announced, and they secured a win to move up. Till then, people will worry about their situation and capital exercise. All we can do is be patient and wait for management to sort out all these details

But we are not out of the water yet, till Bursa replies on the waiver and they start the right issue exercise. Then we trust in management to get projects.

Scomi still holding strong at 8 sen. I am surprised.

Bursalord forever with his buy now, BM news coming out.

May I ask any of your sources say when these projects will materialise? meaning when Scomi can get it?

this bursalord is schizophrenic. keep mood swing. keep talking non sense.

i ask a question who shows the negative of scomi. price should drop more. anyone can answer how the 180mil make difference to cover expenses?

price is falling, no one support. no one have confidence on this company as management no give any update

This is for everyone to discuss. The one issue I see that they can't cover their expenses. Every quarter they are making loss of -RM70mil with revenue of 120mil ++. Then, what will be the different that they will cover their expenses with this RM180mil revenue

this 120mil have already been secured by Scomi, no? Why do you think this old news will help Scomi to go up?

can explain what is this RM80mil LRT you guys talking about? Any link?

what RM80mil of LRT? please help explain

Bursalord u say afternoon BM news out. stop bs pls. your 1000th predictions is pure nonsense.

haha. this Bursalord never tired. i can predict most of his comments d. He says nothing new

Moment of truth tmr for the price of this stock. free fall or support at 8c

You guys sound very confident, but the company placed under PN17. Let's all wait and see whether your conviction hold water or not

The only hope left is the right issues that they have proposed to inject new capital. If that is canceled, then whole Scomi worthless.

Not anytime soon. Already PN17

Let us see on Tuesday. They might just throw without thinking because PN17 has been triggered. Accounting wise

either you are sarcastic, which i hope you are. cuz to say negative P&L means stock goes up is plainly dumb

So, the adjustments are all accounting basis, not on cash basis.

The results are really bad due to the deconsolidation of SEB from Scomi Group. Scomi needs to execute their proposed rights issue to restart their company.

Bursalord888 ur bs is to the max. You say BM news out this afternoon, if not out? how? please stop repeating when u dont know. You want to have discussion on why there's a delay, at least that would contribute to a better discussion.

market sentiment is very poor. Even big volume still can't push the price up at all.

need to be patient only when this BM will start. and when the projects will be given out. but be assured that BM needs to continue for economic growth.

the fact is malaysia economy needs government spending to spur GDP growth. So, it is really crucial for this to happen.

Wonder when only WZ will show outstanding performance ?

Haha. I wait the day when the BM will announce. Until that day all this forum just noise only.

not convinced that just because ex pm posted on his fb means there's news coming. that's pure speculation

How did you get that from his FB post? that Ekovest will get soon? haha very funny all these people can make their own assumption from a post