Posted by lassy > 2020-03-06 17:07 | Report Abuse

Don't ever try to guess the lowest price it can go but can guess whether it can close shop with simple assets caculation n CASH FLOW. The syndicate that goreng it down will only know
Not much volume at this price 10sen is a buy and the MARKET CAP for this company is only RM50mil, GOOD LUCK TO THOSE WHO GO FOR BOTTOM FISHING.

Posted by mukhriz02023 > 2020-03-06 17:52 | Report Abuse

It will be taken private with low price. Delisted soon

Posted by mukhriz02023 > 2020-03-06 17:52 | Report Abuse

Good strategy by the 2 new emerged shareholder

Posted by mf > 2020-03-06 23:23 | Report Abuse

https://sg.news.yahoo.com/covid-19-singapore-confirms-singleday-high-of-13-new-cases-total-130-122733486.html

Posted by Mabel > 2020-03-06 23:33 | Report Abuse

Former Renong Bhd Managing Director (MD) Datuk Mohd Zakhir Siddiqy has emerged as a substantial shareholder in Scomi Energy Services Bhd, with an 18.1% equity stake in the latter. This comes after an off-market trade of 424.0 mln Scomi Energy shares on 14th February, 2020, to Gelombang Global Sdn Bhd, a wholly-owned unit of United Flagship Sdn Bhd which in turn has Mohd Zakhir as its sole shareholder.

The shares were transferred to Mohd Zakhir pursuant to a loan agreement with Scomi Group Bhd dated 17th July last year. To recap, Scomi Group had defaulted on a RM21.0 mln loan from Mohd Zakhir last month, which was securitised against an 18.6% stake in Scomi Energy, owned by Scomi Group. (The Star Online)

Posted by mf > 2020-03-06 23:38 | Report Abuse

https://sg.news.yahoo.com/covid-19-singapore-confirms-singleday-high-of-13-new-cases-total-130-122733486.html

Posted by Mikecyc > 2020-03-07 10:30 |

Post removed.Why?

Posted by freddiehero > 2020-03-07 10:31 | Report Abuse

but here also still famous than my daya..

Posted by freddiehero > 2020-03-07 10:32 | Report Abuse

here alot sifu sifu support

Posted by freddiehero > 2020-03-07 10:32 | Report Abuse

daya they too silent

Posted by Mikecyc > 2020-03-07 10:35 |

Post removed.Why?

Posted by Johnchew5 > 2020-03-07 10:49 |

Post removed.Why?

Posted by Johnchew5 > 2020-03-07 10:50 |

Post removed.Why?

Posted by Mabel > 2020-03-07 11:27 | Report Abuse

Whenever you are in doubt...

Do the Hustle..

https://www.youtube.com/watch?v=V3kE0rvAJhM

Compliments from Mabel’s Body Shops

Meow.

Posted by Mikecyc > 2020-03-07 22:25 |

Post removed.Why?

Posted by Will76 > 2020-03-07 23:01 | Report Abuse

Breaking News from CNBC

Oil prices sank to multi-year lows on Friday as OPEC’s allies rejected additional production cuts proposed by OPEC on Thursday.

U.S. West Texas Intermediate crude plunged more than 10% to settle at $41.28 per barrel.

International benchmark Brent crude dropped more than 9% to hit a low of $45.18 per barrel.

Posted by Johnchew5 > 2020-03-07 23:07 |

Post removed.Why?

Posted by Johnchew5 > 2020-03-07 23:07 |

Post removed.Why?

Posted by calvintaneng > 2020-03-07 23:21 |

Post removed.Why?

Posted by Mabel > 2020-03-08 16:44 | Report Abuse

Meow..

Posted by Vincent2002 > 2020-03-08 20:42 |

Post removed.Why?

Posted by Johnchew5 > 2020-03-08 21:50 |

Post removed.Why?

Posted by Johnchew5 > 2020-03-08 21:52 |

Post removed.Why?

Posted by calvintaneng > 2020-03-08 22:02 | Report Abuse

NEW OWNER BOUGHT AT 5.2 SEN OR 5.2x5 = 26 SEN

SO BEST TIME TO BUY MORE WHILE CHEAP

THOSE WHO BOUGHT MP CORP AT 3.5 SEN BEFORE SUSPENSION LATER MADE 200%

SCOMIES ALREADY GOT BRIDGING LOAN

FOR ZELAN IT IS FINISHED AND NO HOPE!!

Posted by Mabel > 2020-03-08 22:04 | Report Abuse

Meow...

Posted by Mikecyc > 2020-03-08 23:18 |

Post removed.Why?

Posted by calvintaneng > 2020-03-08 23:36 | Report Abuse

SCOMIES WILL SURVIVE FOR 3 STRONG REASONS

1) BRIDGING LOAN APPROVED

2) HUGE ASSETS CAN BE SOLD TO SETTLE DEBT LIKE MP CORP

3) NOW JUST STARTING= RM600 MILLIONS DRILLING OIL SUPPLY TO KUWAIT OIL CORP

SAUDI JV WITH KUWAIT NOW PUMPING OIL FOR PRICE WAR WILL USE UP ALOT OF SCOMIES DRILLING OIL

ALL GOOD GOOD WHILE SHARE PRICE IS CHEAP CHEAP!


Btw = Zelan no hope leow! So sell zelan buy Scomies

Posted by Mikecyc > 2020-03-08 23:40 |

Post removed.Why?

Posted by calvintaneng > 2020-03-09 08:33 | Report Abuse

Calvin 3rd rule

He that is low needs fear no fall

Scomies now scrapping near bottom

Buy for it's net net value for rebound later

Posted by Mikecyc > 2020-03-09 09:00 | Report Abuse

Why so coward to do flag delete!!!

Posted by Mikecyc > 2020-03-09 09:02 | Report Abuse

With 2 out of 5 scomi plan subscribers are in legal tussle with scomi, another one is no meore interested , balance 2 will honours the deal or not is in big ? , Scomies high risk to be delisted.
As said Wan Azmi eyes scomi monorail business not scomies business but not happy is giving scomies shares as loan collateral.

Posted by Johnchew5 > 2020-03-09 09:03 |

Post removed.Why?

Posted by Johnchew5 > 2020-03-09 09:04 | Report Abuse

Change in Boardroom

SCOMI ENERGY SERVICES BHD

Date of change 04 Mar 2020
Name MR SAMMY TSE KWOK FAI
Age 56
Gender Male
Nationality United Kingdom
Designation Executive Director
Directorate Executive
Type of change Resignation
06/03/2020 2:16 AM
X

Change in Boardroom

SCOMI ENERGY SERVICES BHD

Date of change 04 Mar 2020
Name MR LEE CHUN FAI
Age 49
Gender Male
Nationality Malaysia
Designation Non-Independent Director
Directorate Non Independent and Non Executive
Type of change Resignation
Reason Scomi Group Bhd has ceased to be holding company of Scomi Energy Services Bhd
Details of any disagreement that he/she has with the Board of Directors
06/03/2020 2:17 AM
X

Change in Boardroom

SCOMI ENERGY SERVICES BHD

Date of change 04 Mar 2020
Name ENCIK SHAH HAKIM @ SHAHZANIM BIN ZAIN
Age 55
Gender Male
Nationality Malaysia
Designation Non Executive Director
Directorate Non Independent and Non Executive
Type of change Resignation
06/03/2020 2:18 AM
X

Executive Director n 2 BOD are resigned .. is not scomi holding company anymore.. daily operations still running??

Posted by Johnchew5 > 2020-03-09 09:59 | Report Abuse

Mabel wat happen to Armada ? Lowest RM 0.125.. scary ..

Posted by lassy > 2020-03-09 10:11 | Report Abuse

buy 5,000 scomies share @10sen for future coffee money now queing 5000shares for future American breakfast, Don't worry petrol n oil is still needed for transportation n fuel use until 100% replaceable with other alternative energy.

Posted by lassy > 2020-03-09 10:37 | Report Abuse

now let see can go to 5sen tomorrow meaning 1sen before consolidation.Buying 5000shares is only RM500 that is very cheap compare to the director additional bought 5000shares at RM2,500 before consolidation.

Posted by CITADEL > 2020-03-09 10:39 | Report Abuse

CALVIN MANA YOU ARE YOU OK??

Posted by beLIEve > 2020-03-09 10:50 | Report Abuse

calvin is ok. i'm not ok only. over 80% wiped out in 2 months. :~(

Posted by jasonor > 2020-03-09 10:52 | Report Abuse

bro, next time apply 5-8% stop loss or after broke support. see which method suits u.
------------------------------
Posted by beLIEve > Mar 9, 2020 10:50 AM | Report Abuse

calvin is ok. i'm not ok only. over 80% wiped out in 2 months. :~(

Posted by beLIEve > 2020-03-09 11:12 | Report Abuse

thanks bro @jasonor. it dropped too fast

Posted by lassy > 2020-03-09 11:57 | Report Abuse

Dropping fast can buy for 10sen stocks provided assets n cash is more than debt. 10sen drop to 5 sen for scomi energy is 50%,drop but 5 sen climb back to 10sen is 100%gain Buy little by litter amount with big price variations. sure win method.

Posted by freddiehero > 2020-03-09 12:08 | Report Abuse

if 0.005 r u happy to collect?

Posted by freddiehero > 2020-03-09 12:08 | Report Abuse

im still happy collect my daya

Posted by freddiehero > 2020-03-09 12:09 | Report Abuse

im just put full hope on daya

Posted by lassy > 2020-03-09 12:11 | Report Abuse

already bought 5000 shares at 10sen paper loss RM50 so keep to strategy buy another 5000 shares at 5sen later maybe at T+2 time. but anyway que 5000 @,6sen TODAY ONLY in case it drop very fast. If can get together, RM820 for 10,000 scomi energy share is damn cheap for. NOW. later maybe 3sen in 1 week time when oil crash to USD20. 00 if no support.

Posted by tkl88 > 2020-03-09 12:18 | Report Abuse

Dow futures plunge 1,200 points, crude prices tumble as fears of oil price war add to virus angst
Jessica Menton USA TODAY Published 7.42pm ET 8 Mar 2020
https://www.usatoday.com/story/money/2020/03/08/dow-futures-plunge-1-000-points-crude-prices-tumble-oil-price-war/4996351002/

Asian stock markets and U.S. futures tumbled Sunday evening following a sharp drop in crude prices, rattling investors who were already grappling with economic disruptions from the coronavirus outbreak.

Dow futures plunged 1,200 points and Standard & Poor’s 500 futures dropped 4.4%. Stocks in Asia plummeted, with Japan's Nikkei 225 sliding 5.7% while Australia's S&P/ASX 200 shed 5.8%. Hong Kong's Hang Seng index lost 4%.

Bond yields, meanwhile, slumped to new unprecedented lows. Global markets have endured multiple roller coaster weeks following uncertainty over how much damage the deadly virus will do to the global economy.

Investors were spooked further Sunday after oil prices briefly dropped 30% following Saudi Arabia's decision to cut its export oil prices over the weekend, a move that has sparked concerns over a global oil price war, analysts say.

Saudi Arabia's move came after OPEC failed to strike a deal with its allies on a cut to oil production. An agreement would have contained the plunge in the price of crude caused by the virus outbreak’s disruption to world business, analysts say.

Posted by chimchim > 2020-03-09 13:25 | Report Abuse

I don't wanna collect anymore.... Meow

Posted by Mabel > 2020-03-09 13:37 | Report Abuse

Likewise same here for Scomies...

However, I have collected other O&G like Armada, Sapnrg, Alam, Icon etc etc. Managed to collect more Body shops shares too this morning. Hold until US Presidential elections..

Meow..

Posted by Mabel > 2020-03-09 13:40 | Report Abuse

@Johnchew5 Mabel wat happen to Armada ? Lowest RM 0.125.. scary ..
09/03/2020 9:59 AM

Well I collected another 10,000 Armada shares this morning.

Plan to hold it until end of this year.

Meow..

Posted by Mabel > 2020-03-09 13:46 | Report Abuse

Don't sailang in one go as the worst is still not over yet..

Take it slowly...we ladies loves when it is slow, gentle and steady...

Meow...