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16 comment(s). Last comment by calvintaneng 2019-11-21 14:28

CITADEL

1,867 posts

Posted by CITADEL > 2019-09-19 12:40 | Report Abuse

buy 1st, publish later nicely done!

calvintaneng

56,462 posts

Posted by calvintaneng > 2019-09-19 12:43 | Report Abuse

Posted by CITADEL > Sep 19, 2019 12:40 PM | Report Abuse

buy 1st, publish later nicely done!

Were you one of those fortunate enough to buy early also?

Remember this always

"THE FLOW OF INFORMATION PRECEDES THE FLOW OF WEALTH"

Be the 1st to know!!

7300

2,152 posts

Posted by 7300 > 2019-09-19 13:04 | Report Abuse

4>1 also cant quiet quiet to be oo7 ,get woken up,....oil also can train oso can ,apa lu mau lagi

calvintaneng

56,462 posts

Posted by calvintaneng > 2019-09-19 13:14 | Report Abuse

Listen here!

If Bumi Armada & Sapura Energy heavy laden with TENS OF BILLIONS IN DEBT CAN MOVE UP WHY NOT LEAN AND MEAN SCOMI ENERGY?

THE BALANCE SHEET OF SCOMIES NOW IS AS HEALTHY AS PENERGY!!!

And there is a saying

"THE LAST SHALL BE FIRST!"

Hmmm?

MAYBE SCOMIES WILL OUTRUN THEM ALL FINALLY!!

WILL SCOMIES BEAT CARIMIN, NAIM, DAYANG & PENERGY TO BE THE TOP GAINERS DUE TO WORLD WIDE INCREASE OF DRILLING FOR OILS AFTER SAUDI KENA BOMBED?

See

https://oilprice.com/Energy/Crude-Oil/Global-Oil-Gas-Drilling-Set-To-Surge-In-2019.html

tumbler

492 posts

Posted by tumbler > 2019-09-19 14:22 | Report Abuse

Aiyoo , up 1.5 cents already then publish for you to unloading. You ah teruk.

calvintaneng

56,462 posts

Posted by calvintaneng > 2019-09-19 15:14 | Report Abuse

Wait for 12 sen first target price

Then 16 sen next target

After all the good jobs turn into profits scomies will rise and rise to 30 sen just like carimin rose all the way to Rm1. 05

So anything below 10 sen just SAPU kaw kaw!!

calvintaneng

56,462 posts

Posted by calvintaneng > 2019-09-19 15:19 | Report Abuse

What is the intrinsic value of scomies?

Quite easy if you follow Ben Graham rule

A discount of at least 30% from NET

Net
Tangible
Assets

THE NTA of scomies are prime shophouses, lands and others

A check with Alam Martin shows no real estate as NTA. Their nta consists of equipments on sea and under the sea

Imagine alam maritin vessels left in open sea for 5 long years since 2014?
Should have gone rusty by now

OK coming back to Scomies

Let's deduct 30% from 16 sen = 11.2 sen

So it is safe to buy scomies before it crosses 11 sen

To invest in value intelligently is of utmost important

Posted by williamchan82 > 2019-09-19 15:54 | Report Abuse

thanks again calvin

calvintaneng

56,462 posts

Posted by calvintaneng > 2019-09-19 16:41 | Report Abuse

SCOMIES OVER DEGRADE THEIR ASSET AND BOOK VALUE

IF YOU DON'T CHECK AND DOUBLE CHECK YOU WILL THINK NTA HAS DETERIORATED

ACTUALLY SCOMIES IS FULL OF HIDDEN VALUE LIKE SLEEPY BADAWI

THOUGH BADAWI WAS A SLEEPY PM HE DIDN'T STEAL MONEY

ALL THE HIDDEN JEWELS OF SCOMIES ARE STILL THERE

LET CALVIN UNEARTH THEM ONE BY ONE LATER

FOR NOW JUST BUY AS MUCH AS YOU CAN FIRST

calvintaneng

56,462 posts

Posted by calvintaneng > 2019-09-19 18:45 | Report Abuse

winmal Share price traded too low.
19/09/2019 4:49 PM


calvintaneng Winmal is correct!

Precisely Scomi Energy share price is so undervalue and neglected that it caught my attention

1. Scomies has high net assets still listed at ancient book value
The 5 storey shophouses in Petaling Jaya has a book value of only Rm170k.

If revalued it should be Rm4 millions to Rm5 millions today.

2. It has Rm67 millions cash after considering it's borrowings were hedged by asset backing

3. It has Rm50 millions lent to Scomi

4. And it secured a fresh rm610 millions job from Kuwait

All these point to a very grossly overlooked and undervalue gem

How could Calvin miss?
19/09/2019 6:16 PM

calvintaneng

56,462 posts

Posted by calvintaneng > 2019-09-20 01:03 | Report Abuse

VERY GOOD NEWS FOR SCOMIES

SAUDI NOT ENOUGH OIL MUST IMPORT FROM OTHERS

SCOMIES DRILLING OIL BUSINESS IN KUWAIT NOW IN DEMAND BY SAUDI

OIL TANKERS ARE ALL WAITING TO FILL UP BACK ORDERS

See

https://www.wsj.com/articles/to-keep-exports-flowing-saudi-arabia-looks-to-import-oil-11568885401

calvintaneng

56,462 posts

Posted by calvintaneng > 2019-09-20 08:56 | Report Abuse

Good morning all

This hidden gem of a young strong bull has emerged!!

THE more you study its deep deep hidden value the more you want to buy more of its shares

Calvin is even selling other stocks and SWITCH TO SCOMI ENERGY KAW KAW!!!

calvintaneng

56,462 posts

Posted by calvintaneng > 2019-09-20 13:55 | Report Abuse

GOOD NEWS FROM PETRONAS

Petronas posted RM121bil revenue, net profit at RM28.9bil for 1H


NET PROFIT UP 9%

https://www.nst.com.my/business/2019/09/522878/petronas-posted-rm121bil-revenue-net-profit-rm289bil-1h

calvintaneng

56,462 posts

Posted by calvintaneng > 2019-09-21 10:54 | Report Abuse

SCOMIES GOT RM600 MILLIONS DRILLING OIL CONTRACT WITH KUWAIT

AND FURTHER GOOD NEWS

SEE

Oil Production In Joint Saudi-Kuwaiti Fields Could Restart “Relatively Quickly”

https://oilprice.com/Latest-Energy-News/World-News/Oil-Production-In-Joint-Saudi-Kuwaiti-Field-Could-Restart-Relatively-Quickly.html

calvintaneng

56,462 posts

Posted by calvintaneng > 2019-11-21 14:28 | Report Abuse

Good

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