scomi will not selling scomies share more than 33% of scomies.. there is no GO what is in stake is the block of share pledge as collateral to mbb loan block sahre normally would be sold through off market deal if selling through market, sure will be selling pressure
what cause Scomies price drop drastically, as scomi group is misuse scomies resources for the sake of keeping Scomi continue operating. Today things have revert, but scomies share price have been over react. Hopefully the share price will back to his glory day.
This stock used to be trading above RM 1 when I first started trading in 2014. Guess there’s no down sight at RM 0.13 . Dont forget oil price is now above USD 70 and there’s many more for this counter
Yes. Tuesday many O&G stocks profit taking, only Scomies outperformed the market. Both price and volume rise. CEO still buying in the market. This type of action sure got good news, either receive a big contract, earning increase alots or other corporate deal.
Scomies able to made profit for last 3 Quarter during low oil price. Now oil price in high level, profit sure increase alots. Even company CEO buying stocks before the Q4 results release. Most of O&G company shareholder or director selling their stocks at high price now, only Scomies CEO is buying. My target for Scomies is 30sen.
Good morning. Please monitor SCOMIES closely. If break 14sen, next target will be 19sen-20sen. This stock got good news which i can't disclose here. Happy Trading.
Looks like MBB holding Scomies as collateral for Scomi is selling at 13 cts to reduce the massive loan exposure of Scomi in their restructuring exercise.....
US stocks staged a massive 450 points reversal after President Trump said conversations with China over trade will continue and his relationship with President Xi Jinping remains strong.
Guys.. look at the history of scomies technical Analysis, weekly chart, u will notice how the play their stock price.. trust me it will go beyond 50 cents this year.. history never lies, if once is coincidence what about three times same pattern and roughly same duration..
tangen.. current price is a very good price to buy.... then hold until quarter result.. for another trading strategy.. next sell gain .. hope there is no good news when you already sold :)
Ofcoz... been waiting for it to triple... patient is the key.. for weekly trader, if u see the trades just now u know it’s the entry point.. I keep this stock as long run .. I believe this year will reach 50 cents...
Looks back the monthly chart August 2012, if the quarter is good they might declare dividend and price soars sky high!!! But yeah I don’t trust rumors the candle never lies...hopefully the best for everyone
From my assesment the most the price may hit 21.5 cent. Then it will go back to settle 15 cent level. So still lots of room to catch & time to recover. The question is when will it go up. So if you in dire needs of monies then you may want to consider other option
Aminvest giving discount from its valuation of 36cents, hongleong giving valuation of 33cents, hwangaffin giving 31cents valuation (all these not target price, is fair valuation price), so by right the actual fair price is around 0.33 to 0.36
But the big shark still collecting the super cheap shares around 0.18 to 0.19
But before Armada being awarded the court winning for Woodside claim soon, 20cents gap up, that time will worth for 0 50+++
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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....
Bug62
289 posts
Posted by Bug62 > 2019-04-30 19:33 | Report Abuse
Scomi selling scomies will benefit most. Its simple logic. Read Alipapapa comment.