Calvin is correct, scomies is different as co.compared to Sapura, THheavy, Barakah, perisai are heavily laden with dent. but scomies share price is trade like highly indebted company.
IF SAUDI ARAMCO DISCOVERS THE HIGHLY PROFESSIONAL DRILLING OIL SUPPLY OF SCOMIES AND LATER EMPLOY SCOMIES AS ITS MAIN SUPPLIER = THEN SCOMIES SHARE PRICE WILL GO THROUGH THE ROOF!!
SOMETHING BIG IS ON THE CARDS!! COULD BE SYNERGISE OF ROHAS TECNIC AND SCOMIES!!!
2) SCOMIES is in the midst of receiving the full reimbursement of capital and operating expenditure for development of OPHIR OILFIELD which was exited last year. IT WILL DEFINITELY IMPROVE THE CASH FLOW OF SCOMIES!!!
AT PRICE OF 0.115 NOW, SCOMIES IS DEFINITELY ONE OF THE BEST O&G STOCK THAT YOU SHOULD NOT MISSED!!!
BUT CALVIN SAW THE FUTURE POTENTIAL OF CARIMIN THEN AND ISSUE BUY CALL AT 39 SEN
AND CARIMIN INSIDERS WERE BUYING
OF COURSE NOW THAT CARIMIN HAS TURNED AROUND PRICE IS NO LONGER CHEAP AND INSIDERS ARE NOW SELLING
FOR SCOMIES IF YOU DON'T KONW MATHS GO CONSULT AN ACCOUNT
IF NO RM72 MILLIONS IMPAIRMENTS THIS QUARTER SCOMIES ACTUALLY REGISTER A PROFIT OF RM38 MILLIONS
SEE FROM SCOMIES QTR LATEST REPORT
Marine Services (“MS”) The segment’s revenue for the Current period was slightly higher by 0.1% compared to Preceding period. PBT in the segment improved by RM38.8 million as compared to Preceding period. Gross profit was higher in the current period while operating expenses also increased. The Preceding period included an impairment of RM39.6 million to an offshore support vessel
SEE FROM MARINE SERVICES THERE IS OPERATING PROFIT OF RM38.8 MILLIONS
NEXT QUARTER WITHOUT IMPAIRMENT SCOMIES WILL SHOW GOOD RESULTS FROM SECIRED JOB OF RM610 MILLIONS!!!
SINCE SAUDI HAS JV WITH KUWAIT FOR OIL EXTRACTION NOW THE IMPETUS TO GET MORE OIL FROM KUWAIT HAS BEEN HEIGHTENED BY THE DRONE ATTACKS ON SAUDI OIL FACILITIES
AND IF SAUDI ARAMCO DISCOVERS THE ENVIRONMENTAL FRIENDLY DRILLING FLUID FROM SCOMIES BY FROM PALM KERNAL OIL & APPOINT SCOMIES AS MAIN SUPPLIER FOR DRILLING FLUID = THEN SCOMIES WILL HIT A JACKPOT!!
PETRONAS ALSO AWAKENED TO THE GOOD TECHNOLOGY OF SCOMIES THEY HAVE SIGNED 2 CONTRACTS WITH SCOMIES FOR THE PRODUCTION OF DRILLING OIL AND SPECIALTY CHEMICALS
SCOMIES ONLY VALUE ITS DRILLING OIL BUSINESS AT HALF THE ORIGINAL PURCHASE OF RM1 BILLIONS TO A BOOK VALUE NOW OF RM500 MILLIONS (OVERDONE IN DEPRECIATING ITS ASSETS)
AND AFTER IT TURNS INTO A CASH COW YOU CAN BE SURE SOME ENTITIES WILL OFFER TO TAKE SCOMIES PRIVATE
PETRONAS MIGHT BE FIRST TO TAKE SCOMIES PRIVATE
SEE
PLUS UEM TOOK PROPEL PRIVATE
MBM R TOOK HIROTAKO (SEAT BELT MAKER) PRIVATE
SO PETRONAS TAKING SCOMIES PRIVATE IS COMPLEMENTARY
Vsolar,Netx,Mtouch,Mtronic,Mnc,Jadi potential to reach TP 15sen 23/09/2019 10:22 AM
Hmmm let me SEE FIRST
VSolar = This one no
Mtouch = Not sure
Mtronic = Need to study first
Mnc = Not sure
NETX = hmmm? NETX LOOKS INTERESTING ENOUGH
NETX HAS ALMOST ZERO DEBT
NET CASH OF OVER RM33 MILLIONS
AT 2.8 BILLION SHARES AT 1 SEN = RM28 MILLIONS
WAKAKA!!
NETX IS SELLING BELOW CASH VALUE
OKOK CALVIN WILL FOLLOW YOU BUY SOME NETX
THANKS FOR HIGHLIGHTING
AFTER CALVIN MAKE ENOUGH FROM NETX YOU PLEASE COME TO SINGAPORE AND LET CALVIN BELANJA YOU TO SEE NIGHT SAFARI. THE SINGAPORE FLYER & UNIVERSAL STUDIO OK
MANY THANKS
NOW DON'T FORGET TO BUY AS MUCH SCOMIES SHARES AS YOU CAN BEFORE IT CROSSES THIS YEAR HIGH OF 14 SEN
FoolsGold, i have been here from price of 0.25.. hoping for ophirs ... vote in AGM to reject share consolidate with scomi n scomieng... then came out ophir not metarialiazed as expected.. price go down lowest to 0.45 then highest 0.14 .. then go low again.. trying no to miss their agm.. i have been here with price movement of scomies.. not recently bought at 0.115 and trying to promote so that other will pick up my share at 0.135
buy sell with yr own assessment & risk, any advice shared should not be regarded as instruction to trade or to mislead, u are own yr own free will.. i have unload some at .115 and .125.. but i m still hoding the balance 80% more..
Scomies "lucky" because it got rm610 mil Job orders from Kuwait. Saudi kena bombed turned to Kuwait for more oil supply as chartered oil tankers cannot wait
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....
Newbiesky
792 posts
Posted by Newbiesky > 2019-09-20 16:33 | Report Abuse
manage to sold off at 11.5 sens.