Posted by BuLLRam > 2014-02-17 11:57 | Report Abuse

quek is a shrewd investor..now seriously going into O&G after TTH...ur risk..

Posted by ashrizal1 > 2014-02-17 12:02 | Report Abuse

bullram beter change u name to BeaRar, since your comment is bearish, during Bullish.

Posted by Mohd Ezwan > 2014-02-17 12:14 | Report Abuse

hehehe ..maybe scomi grown up like last year- from 0.20-- to 0.40..hehe.

Posted by bigbitp > 2014-02-17 12:26 | Report Abuse

0.50 this week.. good run

Posted by Duitbesar > 2014-02-17 12:41 | Report Abuse

Tawkey besar Quek suka sangat main saham beberapa tahun ni. Dulu Hibiscus dia goreng, Narra dia goreng, entah apa lagi abang dah lupa. Kita tengok Scomi berapa tinggi dia goreng

Posted by Haslizam Hasan > 2014-02-17 15:29 | Report Abuse

Good run ………..sikit pun jadilah mau beli kangkung

Posted by tallman > 2014-02-17 16:27 | Report Abuse

If Quek realy acquire scomi, today will be last call for 0.445.

Posted by JTFX > 2014-02-17 16:43 | Report Abuse

tallman..?? Quek bot stake in Scomi energy....

Posted by alexanderSingapore > 2014-02-17 20:19 | Report Abuse

Cheers! Chang21 :-))))
I am still holding tight tight and I now see the light light very bright bright :-)))

Posted by valuemaster > 2014-02-17 21:09 | Report Abuse

Scomi market cap = RM700m
Scomies market cap = RM2.5b
Scomi's holding in Scomies = 65%
Potential upside? You do the math?

Easily TP for SCOMI = RM0.70 ?

Posted by feifun > 2014-02-17 21:15 | Report Abuse

at least 200%+ upside from current price to meet 65% of RM2.5; TP RM1 can reach?

Posted by Risk Trader > 2014-02-17 22:19 | Report Abuse

Tomorrow will break to above 0.50 cent....don't the miss the boat....TP 0.70 cent for next week

Posted by rocket > 2014-02-17 22:49 | Report Abuse

a very strong buy signal
hehe! can consider add chicken to my porridge dy:)

Posted by hepitrade > 2014-02-17 22:51 | Report Abuse

risk trader.. this ctr up due to scomies news??

Posted by Frank Soweto > 2014-02-18 01:27 | Report Abuse

Posted by rocket > Feb 17, 2014 10:49 PM | Report Abuse
a very strong buy signal
hehe! can consider add chicken to my porridge dy:)

so temporary no more complain Rocket :) Later you will be adding lobster to your porridge if My Master Sifu YS1 predicktion comes thru :)

Posted by esegaban > 2014-02-18 06:11 | Report Abuse

today will break 0.50.....;)

Posted by JTFX > 2014-02-18 09:00 | Report Abuse

Shares of Scomi Energy Services Bhd continued to climb following news that Tan Sri Quek Leng Chan, the major shareholder of the Hong Leong group, had taken up a substantial stake in the company.

The company’s shares closed up 9.5 sen to RM1.09 yesterday, with 54.18 million shares being traded.

Shares of other Scomi-related stocks also saw an uptrend. Holding company Scomi Group Bhd added 5.5 sen to 45 sen, with 95.25 million shares being traded, while Scomi Engineering Bhd rose six sen to 49.5 sen, with 3.48 million shares being done.

Hong Leong Investment Bank (HLIB) Research said in a report yesterday that it was upbeat about Quek’s entry as a shareholder, noting that it saw possible synergy in the future with TH Heavy Engineering Bhd, in which Quek has a 9% stake.

“We view Quek’s entry into Scomi Energy is at the right and exciting time, given its potential risk service contract (RSC) win,” it said.

According to market talk, the company is close to securing the RSC from Petroliam Nasional Bhd to develop a marginal oilfield off the coast of Terengganu.

HLIB said it was maintaining its “buy” call on the stock, with a target price of RM1.02. “We maintain our ‘buy’ call, as the potential win of the RSC contract will boost our target price to RM1.18 (which provides a 19% upside from the current share price).”

Stock market data showed that 268.79 million shares, or an 11.48% stake, were traded off-market last Friday at 76.5 sen a share.

The block’s seller is believed to be its second-largest shareholder, Standard Chartered Private Equity (PE) Ltd, which held a 11.5% stake in Scomi Energy. This would make Quek the second-biggest shareholder in Scomi Energy, after Scomi Group Bhd which holds 65.7%.

“We are positive on the entry of a new strategic investor, given that it will remove the share overhang concern, as we understand that Standard Chartered PE had been looking to dispose of its stake for months now,” said HLIB.

One industry observer noted that Quek was a savvy oil and gas (O&G) investor, whose expertise would be an advantage to Scomi Energy.

“Quek has acquired stakes in various O&G outfits. His know-how about the industry will benefit Scomi Energy,” he said.

Posted by Frank Soweto > 2014-02-18 09:13 | Report Abuse

rocket2 quick tell the waiter to change to rice and add chicken LOL no more porridge haha

Posted by boscokt > 2014-02-18 09:13 | Report Abuse

i think this scomi sure will in bull for now.....hope can same as KNM.......

Posted by BuLLRam > 2014-02-18 09:15 | Report Abuse

asrizal..I bearish??haha..on the contrary..sry if my comments on Quek as a shrewd investor is viewed negatively..i'm still holding @0.38 for more than 6 mths n also waiting for blast off as stated below...cheers..

Posted by BuLLRam > Feb 17, 2014 10:26 AM | Report Abuse X

hang on, after scomies blast..scomi will follow...

Posted by Frank Soweto > 2014-02-18 09:19 | Report Abuse

bullram pls go and bull ram all the roadblocks to at least .50 LOL

Posted by BuLLRam > 2014-02-18 09:21 | Report Abuse

haha Frank, 0.50 ?? alrdy rammed 0.485..wait for 0.55....

Posted by Frank Soweto > 2014-02-18 09:35 | Report Abuse

o.k o.k better still LOL

Posted by ashrizal1 > 2014-02-18 09:36 | Report Abuse

where scomi will heading with my 0.36 ticket :-) long time waiting but all is worth it, now my return already 0.26% much much better than my ASB.

Posted by byrop > 2014-02-18 09:45 | Report Abuse

Gatekeeper at 0.500.. Enjoy the ride :)

Posted by BuLLRam > 2014-02-18 09:47 | Report Abuse

Analysts looking at possible future synergy with TTH n Scomi group after Quek emerges as 2nd biggest holder of 11.5% in Scomi Energy...

Posted by ryei > 2014-02-18 10:59 | Report Abuse

oh it was scomies, not scomi.. my mistake

Posted by tallman > 2014-02-18 11:00 | Report Abuse

Fooyu break 0.50.:-)

Posted by Ching Yin Carrot Loh > 2014-02-18 11:02 | Report Abuse

old man,it's 0.50=)

Posted by BuLLRam > 2014-02-18 11:02 | Report Abuse

hey ho lets go...

Posted by lynncly > 2014-02-18 11:04 | Report Abuse

hi my pretty carrot... how r u ??? :)

Posted by ripthatoff > 2014-02-18 11:10 | Report Abuse

c'mon break 0.50, so close...anyway to me it's still a buy call. just picked up some at 0.495...pretty sure it'll surpass 0.50...waited for a long time

Posted by Ching Yin Carrot Loh > 2014-02-18 11:12 | Report Abuse

lynn,hihi,i'm fine,how are you?

Posted by love2trade > 2014-02-18 11:18 | Report Abuse

three scomi brothers, which one the best?

Posted by Frank Soweto > 2014-02-18 11:20 | Report Abuse

No time to monitor playing jewel mania :)

Posted by BuLLRam > 2014-02-18 11:35 | Report Abuse

lotsa contra sellers at 0.495-50...they will try to buy back ltr to extend their holding period.....

Posted by Investing > 2014-02-18 14:39 | Report Abuse

0.49 still recommend to buy in?

Posted by ashrizal1 > 2014-02-18 14:54 | Report Abuse

analyst TP is at least 0.80

Posted by ryei > 2014-02-18 14:57 | Report Abuse

bought some at 0.48

Posted by POORDAD > 2014-02-18 15:47 | Report Abuse

ashrizal1: Do you have the link to where the TP 80sen is analyzed?

Posted by ashrizal1 > 2014-02-18 16:04 | Report Abuse

http://klse.i3investor.com/servlets/ptg/7158.jsp

LOL.

Posted by Ching Yin Carrot Loh > 2014-02-18 16:07 | Report Abuse

ashrizal 1,let see,lol

Posted by ashrizal1 > 2014-02-18 16:15 | Report Abuse

this is old story of scomi from alex nexttrade blog.
http://nexttrade.blogspot.com/2012/09/scomi-ugly-duckling-it-is-not.html

Posted by boscokt > 2014-02-18 16:32 | Report Abuse

will this become another knm?

Posted by tohmas > 2014-02-18 17:08 | Report Abuse

no.. knm is fry.. scomi will be deep fried! maybe help from McD or KFC! right carrot?

Posted by Investing > 2014-02-18 17:37 | Report Abuse

bought in some at 0.48 hopefully tmr slowly fry up again~ haha

Posted by alexisvics > 2014-02-18 18:33 | Report Abuse

Up trend... Where is ayamtua? You will become ayammuda tomorrow, 55sen next target.

Posted by alexanderSingapore > 2014-02-18 18:36 | Report Abuse

ayamtua bought scomi?

Posted by rocket > 2014-02-18 21:16 | Report Abuse

what make u all think is uptrend????

Posted by POORDAD > 2014-02-18 21:16 | Report Abuse

what is scomi's valuation before quek leng chai entered?