This coming Quarterly report is critical for the share price to move forward as last few quarter result are disappointing.

Reach will offer better margin for investment as compare to Hibiscus.

Reach will directly benefit from high Oil price

How much can drop if major shareholder bought this share at 0.70

T3 & T4 for those traders takes profit

gradually up likely to breakout 1.84

oil up up

likely this Reach might ourperformance...

when share price gradually, alway there is ppl wanted to buy lower, already 40% below IPO price. qualify assets bought during Oil price arround USD30

Orphir marginal oil field eventually will benefit from high oil prices like other oil companies

today TP 0.43

Reach have bigger oil reserve compare to Hibiscs but share price is far below & 50% lower than IPO

once company start generating positive cashflow to support the expansion... should be not issue to obtain loan

buy on rumours sell on fact

More you don't believe the price move higher.. it's will going break higher

When oil price in up trend there is a lot of uncertainty to resist the price movement.during this time many weak investor will sold their holdings

Reach have been consolidated at ranged from.0.36 to 0.37. Once break up next TP is 0.40

So those weak trader will cut loss.. now set to consolidation for next wave to come

Scomi Group merely Holdiing Company to 3 subsidiary companies. recently surge of Oil price will directly benefit to Scomies.

Ophir marginal oil field is only oil field still viable as there managed to lower their production cost to USD30 but other marginal oil field awarded to Dialog & SKPETROL had mutually terminated by Petronas.

Hopefully can hold above 0.60 next week

if there can holdings well above 0,60 .... its go up further after consolidation

look like many contra players already takes profit... now consolidation mode

Panic Selling... likely to close by 0.60

if oil break USD60... good profit for Ophir marginal field

more you dont believe its will going up further

time to revisit this counter, better entry then scomi group 0.15, scomies only 0.115

Push scomi share price higher so that scomien & scomies minority will perceived good Value to merger into scomi group.

Once should thinks whether monorail business stil viiable to continue or not. Hugh debt to repay & hight interest to serve & on going legal case. There needs to raise funds to resolve the financial needs. Only option is through merger to raise funds through disposal assets from scomies.. Currently scomies have low gearing mostly debts on operations used even company suffer few quarter losses. Unlike other OG company facing difficultly to sustain,some default on Bonds & call right issue.

the merger plan by creating new group to continue to fund the loss making company. thereafter by way of disposal valuable assets to raise fund of US 50 million to settle problematic Monorails business. Advocate the merger plan is creating shareholders value, effective structure & stronger financial position after merged. Scomi energy business losses NOT cause by internal issues, due to lower oil price BUT scomi Eng is not performing well even in Malaysia. Business failure

someone actively buying....0.13

Oil is a commodity laggard, other like Steel & Aluminium have been performing well & stock have up more than 200%

Brent Crude have gradually up !!

Brent Crude oil up !!

If Major Shareholders is planning to diverting to other business from O&G business why don't dispose your stake to other parties whose interested.

deprive scomies assets in the wake of New scomi Group. Minority shareholders are paying costly price for othe benefit

By way of creating new Group with reasons of streamline effective structure, save costs & diversified to other business segment. tarnish Oil & Gas business prospect to divert our attention that the merger is for the sake of create shareholders value. raising funds of US 50 Million after new Group through disposal assets from Scomies's assets.

their planning to merger in order to raise funds through assets sell from scomies, in other words scomies money will be using to fund other subsidiary,

whatever FGV must show good results for long run as Felda settlers earning highly depending on FGV performance for dividend and income

Just more than 10% minority shareholders against the deal, to stop the merger. Share price will rebound

don't play contra... must holdings

strong buying coming

Moving up fast

Contra players all trap

Please vote against the exercise, the consolidation didnt bring any benefit to Scomies Shareholders

Coming Monday 21 Aug is AGM for Scomies. Shah Hakim might announced something behind the consolidation & how Scomies shareholdres will benefit from the exercise. See how his convince Scomies shareholders

If scomi got side deal with other shareholders to get above 75% the exercise to consolidate will passed. As scomi holds 62% just needs other shareholders to make up of 13%.

Public advocate that" scomi build shareholders value "just for scomi group & Engineering NOTscomies shareholders value

Only those whose bought in few months could make money.

After 20% premium is 0.16 -0.17, NTA 0.33. Oil around USD100 in Year 2014 peak 1.20 & history low at 0.11. 95% from peak