Ya is moving towards south :(. Buying support broken again

I think it wont sleep today. I had a feeling that there will be some volume today. Scomies may up today. Need to breach the 1.04 then will start moving

Some movement today. Scomies looks like going down with big volume queuing to sell. But somehow is supporting the price. Somebody is collecting little by little.

Scomien is actually very surprised to me. They got the kl monorail contract plus 2 brazil monorail. But yet still making losses. More projects = more losses??

Thanks posby. Shall wait for it. For the sharebuy back, it happens back in 2011. Which is very long for something to happen. But I guess quek entry should signal the revival of this share.

Posby mind to share the article that says will award in may?

I always in. Already bought more. So let's wait and see.

http://www.thestar.com.my/Business/Business-News/2014/05/13/Govt-to-speed-up-SingaporeKL-rail-system/

They*

Thanks Captain.
Some news on Scomi. There are gaining small projects too. Just that no announcement.

http://www.upstreamonline.com/live/article1361522.ece

Captain chang21, any update?

Counting on our captain

Not to get excited too early. Scomi has been up and down this way. So let's hope it can keep it up next week. Must have announcement then only will shoot up.

Lol. What so excited about? Scomi not yet move also

They are biding a lot of projects. The significant ones are those mention and confident of getting. I m sure there still other projects like monorail and oil projects. Up better than down

We will always count on our captain chang21. He will bring us to wonderland

More to tecnical bounce today. Small cap bounce back. Manage to buy more. Let's hope it will go higher this week

These projects would enough to shoot Scomi to 60-70 sen.

I don't think there is a big surprise in financial result. Unless they got big impairment lost in some assets. Projects wise, scomies has been growing. I would expect the financial result to be as usual. But we all know that what we waiting is a better news. Big projects. That is our only hope. I don't wish to sell at a lost. But I will take the necessary action if needed.

regardless what price at the end of the month. Average around 0.45

Captain will not abandoned us. He is busy searching information for us

All we can do now is wait for awhile more. Or else shall sell regardless of what

Lets start praying and believing. 3 more weeks to go

Haha. Shd be bear. Anyway. Decided to go in for more. I believe it worth to wait till end of the mth. I also believe that recession won't be 1-2 mths time.

Is worrying to see small cap share price like mpay, iris, knm all like free falling from their high. Will scomi follow?

I have around 4k lots. If recession it will go down regardless what news we have. I m holding till end of may hopefully. Now is a matter to support the share by buying more or just wait till mth end and let go.

China economy contracted for 4th consecutive months. That is worrying. I m afraid they might declare they are in recession. Once they declare it would caused a domino chain effect. Any expert here?

We need good news soon. Or else it won't able to sustain

Can anyone advise whether we are falling into global recession?

Let's look at it in the positive way. Quek bought not 1 but 4 oil & gas companies in a year or so. All these companies are not the main benefiary of the rapid project in johor. And more importantly all these companies are doing different field in oil & gas. Currently quek might just a minority shareholder in these companies. Quek has the power and influence to merge all these companies to become a major oil & gas player not only malaysia but internationally. Lembaga tabung haji will play his part in this also.

Just what I think and hope. Ofcoz is a dream. Not easy for it to happen. Let's look for the best

Scomies moving but not Scomi. .

Speculation is good. Speculation will create interest. But because ppl losing faith in this counter because it hasn't been moving much.

Morning guys, I guess something excited about scomi.

http://www.thestar.com.my/Business/Business-News/2014/05/02/Queks-presence-may-spur-tieups-for-Alam-Maritim/

Very hard to say it won't fall below 0.425. Today it perform better. But might continue to see selling pressure persist this whole week.

Scomi will stand to gain whether scomien or scomies gets big project. But it won't up as much as scomien or scomies. The RSC, is getting slimmer each day. The rail project, definitely hopeful. But the biggest problem is market sentiment. Market is biased towards big cap shares now. Even worse, the Ukraine crisis. War or no war, recession will hit us soon. With war, recession will hit us much earlier. So we need some good news soon or else, scomi will continue to fall. Is a 50-50 now. Either we stand to gain a lot from scomi due to good news, or we will dead and buried due to economy crisis. Otherwise, I don't see scomi dropping to PN17.

Looks like it will reach 40 cents soon. Small cap wipe out within days.

Small cap stock under pressure.

Recession?? Or Ukraine tension?

The kura kura very old ady. I m still young. Definitely will win. But unless natural disaster :(

No way. I will compete with it to see whose life is longer.

It did mention 2 rsc left. But reports say differently. Skpetro still bidding for another rsc call bubu. So there is more than 2. So which is correct? Scomies ady suffered price correction this week. Scomies fall below rm1. So even if the news proven to be true don't see much impact on scomies. It might be good for scomi as we don't need to keep thinking of rsc anymore

Scomies partner with octanex and vestigo for the ophir rsc. So I don't think is the same rsc. I guess insider who got this news earlier tot is the rsc that scomies bidding causing a big selldown by investor. We need to wait to confirm on this.

Never mention is ophir. But won't surprise if that is the rsc that scomies aiming for. That is why the price under pressure lately. There wasn't many rsc left if I m not mistaken. But vestigo should be scomies partner. Need more confirmation on this.

The price won't increase a lot this week. Give it another month and we see how it goes.

Haha. As long as no bad news then is good news to hold. Great to see everyone still has the faith. Lets wait.

Strong support lvl at 0.44 broken. Signalling free falling

0.44. How low can it go. ..

Insider pushing down the price before big buying? Or bad news coming? Anyone?

Scomies below rm1....omg

Hmm. looks like really have to find loan shark and borrow money to buy more.