SCOMI ENERGY SERVICES BHD

KLSE (MYR): SCOMIES (7045)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


19 people like this.

4,833 comment(s). Last comment by chinaman 1 month ago

persie

1,412 posts

Posted by persie > 2019-02-20 20:19 | Report Abuse

According to sources, SCOMIES could be looking to distance itself from SCOMI. “SCOMIES' outlook is okay with oil prices stabilising. SCOMI, on the other hand, seems to be sinking,”.

longvalley

2,287 posts

Posted by longvalley > 2019-02-21 08:20 | Report Abuse

Goreng ........
Be4 MB dispose........
MB also not too stupid ...........!

longvalley

2,287 posts

Posted by longvalley > 2019-02-21 08:21 | Report Abuse

Just collected b LO $0.5

longvalley

2,287 posts

Posted by longvalley > 2019-02-21 08:21 | Report Abuse

$ 0.05

ck_eyong

141 posts

Posted by ck_eyong > 2019-02-22 17:49 | Report Abuse

result gonna be good than scomi

Posted by birkincollector > 2019-02-25 19:17 | Report Abuse

surprisingly not negative lol

ck_eyong

141 posts

Posted by ck_eyong > 2019-02-25 20:12 | Report Abuse

the new CEO are doing well ~ with so many disposal done in this quarter. next quarter one-off gain will be massive !

ck_eyong

141 posts

Posted by ck_eyong > 2019-02-25 20:37 | Report Abuse

tomoro up 2c

ck_eyong

141 posts

Posted by ck_eyong > 2019-02-25 20:37 | Report Abuse

haha

HoselGoh

188 posts

Posted by HoselGoh > 2019-03-14 09:33 | Report Abuse

Go go go.

HoselGoh

188 posts

Posted by HoselGoh > 2019-03-14 09:45 | Report Abuse

Another oil n gas waiting to be goreng.

ck_eyong

141 posts

Posted by ck_eyong > 2019-03-14 11:33 | Report Abuse

Yup. Hopefully goreng till 9c.

Redpeople

270 posts

Posted by Redpeople > 2019-03-14 11:37 | Report Abuse

sleeping horse, dont shy.. give more 0.055..

HoselGoh

188 posts

Posted by HoselGoh > 2019-03-14 12:04 | Report Abuse

Daily chart breakout. Watch out!

Posted by BIGAPETITE > 2019-03-14 13:01 | Report Abuse

OCTANEX MIGHT PARTNER WITH SCOMIES IN TENDERING OIL RIGS CONTRACT FROM PETRONAS IN RELATION TO THE ONGOING FINALISATION REIMBURSEMENT OF OPHIR OILFIELD COST

averose

141 posts

Posted by averose > 2019-03-14 16:00 | Report Abuse

strong buy

HoselGoh

188 posts

Posted by HoselGoh > 2019-03-14 16:09 | Report Abuse

no wonder so hot today. looks like gonna challenge next resistance 9 cents.

limkokthye

6,039 posts

Posted by limkokthye > 2019-03-14 16:43 | Report Abuse

i stuck 18sen long time ago, waiting to sell back

averose

141 posts

Posted by averose > 2019-03-14 17:06 | Report Abuse

average down. just keep it. no long term debt worries like perisai and thheavy

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-03-15 08:27 | Report Abuse

You can view this quarter financial report to see what is the potential of scomies price to increase.


http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=203839

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-03-15 10:08 | Report Abuse

this report will make the stop fly
UZMA BHD: (MYR1.05) Latest job win reflects its capability; will share price extend its run?
Maybank IB Retail Research

Uzma’s 95%-owned sub-subsidiary PT Cougar Drilling Solutions Indonesia (effective interest of 90.25%) was awarded a 2-year contract to provide directional drilling services for PT Pertamina Hulu Energi Onshore North West Java. The project has an extension option but is subject to the approval of SKK MIGAS, an institution established by the Government of Indonesia to manage upstream oil and gas business activities.

There is no firm value for the contract as the execution of the contract is depending on work orders. But this development is positive as it reflects Uzma’s capability in securing jobs. This project aside, the group is also engaged by various oil and gas majors such as Petronas Carigali S/B and Murphy.

With oil price staying firm, the outlook of O

freeman

429 posts

Posted by freeman > 2019-03-15 10:21 | Report Abuse

what uzma got to do with scomies

ppginvest

1,591 posts

Posted by ppginvest > 2019-03-15 10:55 | Report Abuse

come on SCOMIES, break the 0.09

Posted by Millionairegig > 2019-03-16 20:44 | Report Abuse

Silent gold. While others are busy with naim, dayang, perdana, Armada, velesto, carimin, huaan, destini... people forget there are small pieces of gold like Alam, KNM, Icon and Scomies that are very cheap will fly again back to where they are. See history of last 10 years. You may tell the 10 years cycle are just begin in these penny stocks right on your footstep. Collect the gold while it's still cheap. ++,)

Posted by Millionairegig > 2019-03-16 20:47 | Report Abuse

Don't forget sealink... The next penny stocks gonna fly kaw kaw after perdana might be velesto. Keep your eye on it.

Posted by Millionairegig > 2019-03-16 20:48 | Report Abuse

Cheers everyone

Posted by Hunter 88 Hunter 88 > 2019-03-17 19:35 | Report Abuse

Hahaha....next power

ck_eyong

141 posts

Posted by ck_eyong > 2019-03-18 12:44 | Report Abuse

Silent gold? I don't care. Sell first at 7.5c, rebuy at 6.

Posted by BIGAPETITE > 2019-03-20 11:01 | Report Abuse

BECAREFUL HIGHLY DECEPTIVE IS AT STAKE

Posted by BIGAPETITE > 2019-03-20 11:30 | Report Abuse

CONFUSION,ASSUMPTIONS,DECEPTIONS ARE AMONG THE COMMON TRAITS OF DECEIVABLE CROOKS AT PLAY

Posted by commonsense > 2019-03-21 11:19 | Report Abuse

The company is still actually in the red for the 9m19 result. Excluding the RM26.3mil forex gain and the RM3.5mil gain on disposal, the 9m19 PAT would have actually been -RM25.6mil. Core bottom line would most probably still be negative for FY20 given that management is projecting a similar market activities level in the near future.

If you are looking to hedge your portfolio outside of Scomi Energy (due to its weak earnings outlook), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.6x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.5x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

CT888

885 posts

Posted by CT888 > 2019-03-25 18:34 | Report Abuse

Good news datang for scomies! Don't Sell

Posted by Johhny1123 > 2019-03-26 09:45 | Report Abuse

610m contract from Kuwait . This time scomies really huat huat

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-03-26 10:01 | Report Abuse

wow.. TO 0.13 with this kind of announcement.

averose

141 posts

Posted by averose > 2019-03-26 10:05 | Report Abuse

much better compare to sapura. scomies has low long term debt, extra cash for turbulance and now secure good contract..will fly soon.

B4b4

7,592 posts

Posted by B4b4 > 2019-03-26 10:19 | Report Abuse

To secure a big award from Kuwait oil means Scomies is a good company

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-03-26 10:23 | Report Abuse

Scomi Energy: Bags contracts worth MYR610m in Kuwait. The two contracts were from the Kuwait Oil Company for the provision of mud products and mud engineering services for deep drilling and development drilling. Kuwait is one of the key markets targeted by Scomi Energy, with order book prior to this contract award stood at USD176m. (Source: The Edge Markets)

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-03-26 10:26 | Report Abuse

Board the train now and don't be like others in Dayang chasing at high price then the price dropped significantly.

Posted by inikalilah888 > 2019-03-26 12:19 | Report Abuse

0.09 so difficult to break >.<

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-03-27 03:35 | Report Abuse

totally agree, if break 0.9 tomorrow, it will reach TP 0.13 next week.

Posted by Johhny1123 > 2019-03-27 07:35 | Report Abuse

Very undervalued counter and have very good growth potential

nippy65

197 posts

Posted by nippy65 > 2019-03-27 09:06 | Report Abuse

Johhny1123, I don't think it is in the interest of the managment to have the price go up at this juncture even if it is undervalued or additional contract win. As long as the loan default by Scomi with Maybank is not settled it would be in the interest to keep the price of Scomies low. Scomi was able to extend till 08/04/19 to deal with the loan default matter. Remember, failing to reach some agreement on the loan issue to the "advantage" of Scomi by the aforesaid date, Maybank has the right to sell Scomies shares placed as collateral. Surely, at the moment it only make sense to keep Scomies price low. What do you think ? If a settlement is reached and acceptable to Scomi, Scomies price will jump. As to how much, I do not know.

Posted by Millionairegig > 2019-03-27 12:48 | Report Abuse

Silent gold. Fear? Then buy. its bottom price. Be part of making history not watching history. Cheers

mylinuxbsd

139 posts

Posted by mylinuxbsd > 2019-03-27 22:13 | Report Abuse

0.095 reached but still close at 0.09. if tomorrow close higher than 0.09.. it will fly next week for sure.

freeman

429 posts

Posted by freeman > 2019-03-28 15:50 | Report Abuse

average amount of the contract still only around 25% of scomies turnover per year.. stil not significant enough,, but it show scomies has potential

freeman

429 posts

Posted by freeman > 2019-03-28 16:01 | Report Abuse

not much momentum going back to 0.07-.06 for a while

snwong13

724 posts

Posted by snwong13 > 2019-03-28 19:10 | Report Abuse

.
Just be patient with it.
Those who got 0.055 before, u are laughing all the way..
I see potential in SCOMIES who has the abilities to secure a RM610 M projects from overseas!!
Start collecting now before it cross 0.100..
Good Luck!

aris743

726 posts

Posted by aris743 > 2019-03-31 10:36 | Report Abuse

tomoro wil fly

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