rocket

rocket | Joined since 2012-10-15

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2013-05-22 16:39 | Report Abuse

alexisvic, your chant has worked. its opened but at the wrong end la:(

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2013-05-22 16:29 | Report Abuse

who is helicopter BEN

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2013-05-22 10:20 | Report Abuse

as long as that fxxxxx still not collecting enough, he won't let the price go up..Abu, do something come on

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2013-05-22 10:01 | Report Abuse

kena scold already:(

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2013-05-22 09:58 | Report Abuse

carzy..can't believe i went in at 0.56:(

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2013-05-22 09:50 | Report Abuse

congratulation:)

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2013-05-22 09:37 | Report Abuse

this is our CEO,helping to Maintain the share price..
thank ya SH

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2013-05-22 09:15 | Report Abuse

unice, what is your TP

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2013-05-22 08:17 | Report Abuse

agree with sephiroth, undervalue share. if u buy now, u may need a bit of patient.

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2013-05-21 18:17 | Report Abuse

potenza, as long as the gate keeper is there, the price will not go high...

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2013-05-21 14:33 | Report Abuse

谢谢分享!感恩:)

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2013-05-17 15:38 | Report Abuse

water fish??

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2013-05-16 12:25 | Report Abuse

what gd new?

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2013-05-16 12:04 | Report Abuse

waikit, what action ?

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2013-05-16 11:31 | Report Abuse

:)gostan banyak senang.. nak naik susah susah pula>>

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2013-05-15 16:50 | Report Abuse

a pair of wing
:)

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2013-05-15 16:32 | Report Abuse

potenza, who u think is the gate keeper?:)

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2013-05-15 16:23 | Report Abuse

potenza, when ?

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2013-05-15 16:09 | Report Abuse

gate keeper back to work:(

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2013-05-14 16:05 | Report Abuse

should hv one more ^^

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2013-05-14 15:46 | Report Abuse

KC, any new calculation to share?:)

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2013-05-14 15:35 | Report Abuse

big big wave coming?

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2013-05-14 15:11 | Report Abuse

gate keeper back to work already:P

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2013-05-14 15:06 | Report Abuse

at the moment 0.5

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2013-05-14 15:02 | Report Abuse

it will show its real value..:)

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2013-05-14 11:40 | Report Abuse

not easy to break 0.40...but strong feeling that some more good news are coming:)

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2013-05-13 22:41 | Report Abuse

:) that counters are even better... congratulation

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2013-05-13 22:31 | Report Abuse

emmm....tecnical ya:)
still concern about this secret gate keeper..don't know how long he can hold on

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2013-05-13 22:28 | Report Abuse

potenza, r u still holding this counter

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2013-05-13 21:14 | Report Abuse

risk trader, how u come to this TP 0.45?
lonely, don't get too excited until u can't sleep at night. I doubt this share can climb up to 0.45..

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2013-05-13 19:19 | Report Abuse

Alexisvics, don't be to optimistic . Don't forget we hv a gate keeper at 0.4. And today someone has just dump more than RM 1million shares out.maybe is Tommy :p

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2013-04-11 19:31 | Report Abuse

斯人獨憔悴!

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2013-04-09 19:05 | Report Abuse

MARC removes KMCOB Capital's Sukuk rating from MARCWatch Negative

09/04/2013 13:09 AST CPI Financial
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MARC has removed its rating on KMCOB Capital Bhd's (KMCOB) MYR 343.1 million Sukuk Murabahah Medium Term Notes (MTN) programme from MARCWatch Negative and affirmed its A+IS(cg) rating on the company; the outlook on the rating is negative.

KMCOB is the funding vehicle of Scomi Oilfield Limited (SOL), the oilfield services unit of Scomi Group Bhd (Scomi). MARC had earlier placed KMCOB's Sukuk rating on MARCWatch Negative on rising risks associated with Scomi's delayed internal restructuring of its oilfield services business and SOL's tight liquidity.

The current rating action, which affects MYR 302.55 million of outstanding notes, follows the completion of Scomi's corporate exercise and takes into account SOL Group's success in obtaining new bank borrowings to fund its working capital needs. The rating of KMCOB's Sukuk continues to be driven primarily by the creditworthiness of its parent company, SOL which has extended a corporate guarantee for the Sukuk.

Prior to the restructuring, losses from the Western Hemisphere oilfield services business had been a drag on the performance of SOL and its credit profile. The recently completed internal restructuring exercise entailed the transfer of SOL's loss making Western Hemisphere oilfield services business out of SOL Group across to Scomi Oiltools Bermuda Limited (SOBL); the regrouping of Scomi's Eastern Hemisphere oilfield services business under SOL; and Scomi's disposal of SOL to Scomi Energy Services Bhd, (formerly known as Scomi Marine Limited) (Scomi Energy Services). Post-completion of the aforementioned corporate exercise, SOL now operates as a subsidiary of Scomi Energy Services.

MARC expects the restructuring to benefit SOL's margins and pave the way towards improved credit metrics as well as greater financial flexibility at both SOL and Scomi Energy. The rating agency notes a trend toward generating increased EBITDA in 2013, supported by satisfactory order book replenishment. SOL's order book, which includes a recently secured $700 million project awarded by national oil company Petroliam Nasional, currently stands at approximately $1.5 billion.

Subsequent to the rating agency's negative MARCWatch placement in January 2013, SOL has secured $28.35 million in the form of working capital credit lines from two banks to fund its working capital requirements. This development somewhat alleviates MARC's concern over SOL's ability to fund its new projects and improve its liquidity position. Management believes that its present credit facilities together with the additional financing to be procured will be sufficient to fund SOL's working capital needs for 2013. The group is expected to obtain additional financing in the near future to support its pipeline of orders.

The negative outlook, meanwhile, reflects expectation that the SOL's financial measures, particularly its cash flow protection measures, will remain weak for its current rating level. KMCOB has little liquidity cushion and has obtained a waiver of compliance with its annual debt service cover ratio (ADSCR) for the period from October 1, 2012 through June 30, 2013. The delay in SOL's disposal of its West African assets has also affected its deleveraging timeline.

The rating could come under pressure if SOL's credit metrics fail to strengthen as expected. The outlook could revert to stable if SOL's core earnings, cash generation and liquidity show meaningful and sustainable improvement over the coming quarters.

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2013-04-09 16:09 | Report Abuse

who is the gatekeeper?

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2013-04-05 17:56 | Report Abuse

Aiyo,premature ejaculation :p

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2013-04-03 19:27 | Report Abuse

potenza, haih?u miss the boat ?
yukchian, fly soon?again?sure?
just hope it won't land on hell:(

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2013-04-03 10:02 | Report Abuse

yukchian, i hope u haven't followed the big boy...the big boy hv collected this share since last year when the price was 0.2+++, base on average cost their cost is lower than 0.35.. so, dont follow them ..

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2013-03-22 18:24 | Report Abuse

happy holiday !

News & Blogs

2013-03-19 15:17 | Report Abuse

frank, i like your comments /....:)

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2013-03-19 09:07 | Report Abuse

ok....road block again:(

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2013-03-17 19:01 | Report Abuse

tommy, what dose it mean ?
The small timer - who buys specific and curse BIG time

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2013-03-15 15:33 | Report Abuse

lol, who bought at 0.345

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2013-03-14 08:39 | Report Abuse

same story..early morning road block at 0.35.

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2013-03-14 08:15 | Report Abuse

PETALING JAYA: Post-restructuring of Scomi Energy Services Bhd’s oil and gas businesses, Scomi Group Bhd chief executive officer Shah Hakim Zain now owns a 0.02% direct and a 65.65% indirect stake in Scomi Energy.

In a filing with Bursa Malaysia, the company said the change in shareholding was due to the issuance and allotment of shares following the consolidation exercise.

It also announced that Kaspadu Sdn Bhd and Datuk Kamaluddin Abdullah had ceased to be substantial shareholders.

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2013-03-13 22:31 | Report Abuse

Tommy, r u saying that both of them are disposing now ?