@pathew, its a psycho in the market. small fish thought no big fish buying in so they move away to other stocks. small fish make profit from big fish buying frenzy so its normal.
IJM bring +ve to scomi so no more debt ridden company and potential railway projects (if not mistaken). For a long term, a buy call.
just a few more months only, no need long term (if my understanding of "more than one year" for long term). TP RM0.50 easy la, as per SGB agreement with IJM for two consecutive quarters! You guys are not remembering the sequence of events, which was when Siew/Abu came and make kacau.
sabar, and go bottom fishing first. Things must go in order la, dont worry. The positive thing, as said, is that SGB doesn't face a debt crunch currently with IJM's bond purchase!
those who are following news on scomien, news is that Chennai deal is settled for Monorail and not Metro (or MRT as we called it here). i have friend reporting that the residents/business owners are given notice that monorail pillars will circumvent around their buildings.
So i gather scomien are the frontrunner again, seeing that the lady CM is very buddy buddy with Scomi management currently! of course, watch out for Bombardier or Hitachi's news too!
all of you please do homework ok? anyway, Scomi group actually announced they will know the result of Chennai by mid-year! i think the news was in BT/NST.
hehe @pathew - not sure whether my good friend was kidding as he said the Scomi greeter was a 70 year old grandma( canot even get a leng lui hehe ) and the door gift was 1 mandarin orange - how to expect buffet hehe all the scomi fellas here so active 2 pages long but no fireworks ok wats next? :)The coming quarter results? the next rumor of contract win? the exit of abu/siew?
Petronas invited the tenderers to participate in tembikai & chenang RSC, the tenderers submitted the bid , after bids submitted,out of sudden Petronas announced that they are aborting the tender award with such a lame excuse - insufficient infra, they can include the infra scope of work into the package as well.
too unusual scene for a tender process, the person behind the abortive of the contract must be very influential
kcloh: i was waiting for forumer to do posting & sharing for the past few days, waited & waited but no one want to share their thought on the Petronas contract, so beh tahan just post my thought and see if there is any response
Petronas invited the tenderers to participate in tembikai & chenang RSC, the tenderers submitted the bid , after bids submitted,out of sudden Petronas announced that they are aborting the tender award with such a lame excuse - insufficient infra, they can include the infra scope of work into the package as well.
too unusual scene for a tender process, the person behind the abortive of the contract must be very influential
who is the influential fella? izzit the 'adviser' who refuse to go away and wants to give everything to his son? how will the big foreign oil firms will react to such a stupid not to mention laughable excuses by a fortune 500 company - oh my bad the big foreign boys are not interested cause these are old oil fields with not much left so Bodohnas can do as it pleases. still want to have these robbers managing the country?
SCOMI need financial supporter from IJM so that they can lift a credibility to bid a tender. I think most of big2 company have a similar process (technical and financial). Even though the company have a strong technical and financial support it doesn't mean can secure that contract, political influence also need to be considered....who have most influential will be the winner.
@khalil - political influence also need to be considered....who have most influential will be the winner - huh I thought contracts are won on capabilities and past experiences together with competitive bids of the bidders? ah solly solly I did not realise I was in i3bolihland o.k o.k bolihland a bit special we have to see who u know and how much u can give - no wonder George kent the water meters supplier also building MRT what's next? heard latest rumor is that the famous roast duck fella in Petaling street getting a slice of the supplying not duck but duct tapes for MRT job in return for giving up his little space because of his experience in using duck tapes to seal his sold roast ducks! Just rumors o.k :)
King kong73, if Miri was the excuse, petronas would have come clean with it right? The official answer is the Angsi pipeline used to transfer the gas is fully utilized. How do you match that with Miri?
postponement strategy.....to defer or delay the execution of an activity by the owner in order to get into a position of strength or that can derive a distinct advantage to the owner. The official answer is another way of saying to the world..shit...the oil and gas reserves in miri is blardy good for us...why the heck do we need to spend on RSC..and at the same time fork out more to build extra gas pipeline subsea installation which is damn costly and more than 150km away from onshore..when i can utilise my resources on laying another onshore pipeline from north of miri(new found oil and gas reserves) to be processed in bintulu at lesser cost and getting more bang for my buck.Actually the area is already known to have some reserves but with latest techonology which was not available 5 years..they were able to find more and scan deeper into the ground. there will be more to come i am sure.
on the contract, if they are front runner, they will still be front runner few months down the road, unless someone from internal purposely leaks out their bidding price to their competitors
Oh Frank, GK not just water meter manufacturer and they are also experience M & E contractor (class A). I m not quite agree with " only the experience specific field contractor to win the contract " but my opinion is as long as they have the experience project execution team and with strong financial capability, I believed they are still can deliver the job. Maybe I m wrong. lol
A politicians ideas of idealism and positioning is far better than a businessman......this true but unfortunately the politician cannot execute well.....Shah is a great politician.....
hehe Ng yes George kent also have M & E contractor ( class A ) license in building what? what previous experience that they have in MRT? - all I see from their projects was related to the water industries - I do not see any rail design buildings but their Chinese partner have the experience.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 14305 views | 12 d ago
0:43
M & A Value Partners IPO Equity Fund
MQ Trader 4764 views | 1 mo ago
0:16
MQ Market Updates - 3 September 2024
MQ Trader 98 views | 15 h ago
0:15
MQ Market Updates - 2 September 2024
MQ Trader 79 views | 1 d ago
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
rocket
1,191 posts
Posted by rocket > 2013-01-31 16:33 | Report Abuse
TQ KC