Scomi could continue higher after the firmer move this morning. Purchase can be made if it stays above rm0.425, with a close below rm0.42 as stop loss. Price targets is rm0.50, if the rm0.45 resistance is broken. Failure to stay above rm0.42 could see the stock trade lower and downside risk will increase on close below rm0.40
i have no idea, anyways, just submitted sell for RM0.440 liao, still on the waiting list~ sigh, newbies is like this de, i thought can keep it for 5 years without any deactivate thing from OSK~
volume was huge during the sep-nov uptrend last year, also trading at this price band. so it;s perfectly normal to see huge resistance at around 43-44cent at the moment if you ask me. i would try to accumulate together with Hakim and take a big shot at it
Only two companies -- India's IL&FS Transportation Network Ltd-Scomi Engineering Bhd consortium and Gammon India -- are left in the running for the Rs8,550 crore (RM4.65 billion) 57.1 km monorail project in Chennai, capital of the southern Indian state of Tamil Nadu.
well the financial report look confusing. was the different the table actual and proforma? it is a big effect to the profit. anyone can ans me what is fair value loss on put option?
#Karipap: Got contract it doesn't mean tomorrow they can get money. For project, payment would be paid stage by stage based on the work progress. Next it will be more exciting on this counter, a lot of people would be thinking SCOMI doesn't have a bright future. Bear in mind this shares are not short term counter, it's is a long term counter. SH would be collect more shares. For those enter at low price >0.30 would think to switch another counter.
Not profitable in group, but i believe scomies profit would contribute the group income.
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: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 696 views | 4 d ago
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 13986 views | 12 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main 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....
potenza10
1,220 posts
Posted by potenza10 > 2013-05-28 10:42 | Report Abuse
scomies steady today..any news come out?