SCOMI got strong support from IJM. IJM cost to invest SCOMI is 36.5sen per share compared to 13sen now. Now we can buy cheaper than IJM and risk is much much lower.
Yap. Just let u all know IJM entry cost is 36.5sen and now is the single largest shareholder of SCOMI. It is more safe to buy SCOMI compared to SUMATEC, PERISAI and other O&G penny stocks.
In an announcement to Bursa Malaysia yesterday, Scomi said that IJM had converted its convertible redeemable secured bonds of an aggregate nominal value of RM110mil to an equity stake.
The conversion was done at a share price of 36.5 sen, which is slightly more than double its current share price of 15 sen with a par value of 10 sen.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wecan2088
512 posts
Posted by wecan2088 > 2017-01-04 14:08 | Report Abuse
SCOMI got strong support from IJM. IJM cost to invest SCOMI is 36.5sen per share compared to 13sen now. Now we can buy cheaper than IJM and risk is much much lower.