Posted by Hotrod > 2014-03-07 11:52 | Report Abuse

Scomi will be the next IRIS and KNM. Stay tuned.

Posted by tomok81 > 2014-03-07 12:07 | Report Abuse

scomi group target price RM0.70 should be RM0.86

The company is also involved in the bidding for one of the RSC field. We conservatively do not include the potential award in our forecasts. To note, if SES wins the RSC, our target price will be raised from RM1.02 to RM1.18. Currently, Scomi Group is trading at 48% discount to its SOP of RM0.86. By pegging at 20% holding company discount, we derive a fair value for Scomi Group of RM0.70 (provides 66% upside from current price). Hence, it is a cheaper proxy to SES.

Source: Hong Leong Investment Bank Research - 5 Mar 2014

now the price is only RM0.47? still damn cheap guys!

Posted by BuLLRam > 2014-03-07 12:16 | Report Abuse

Amus, thats why i recommend.. u hold half of ur position intact n only play with the other 50k ...

Posted by yungshen1 > 2014-03-07 13:18 | Report Abuse

when u guys see the share key in bid (buy) less than ask(sell) the share price will going up.for example today key in buyer only 4000lot but seller key in 9000lot.tq

Posted by yungshen1 > 2014-03-07 13:20 | Report Abuse

futhermore scomi now is uptrend mode.it should be going up higher a few week later.

Posted by chang21 > 2014-03-07 13:44 | Report Abuse

then i really am surprised you bought only 2000 share thats speak volume of your confidence ....... they will be awarded one of the marginal fields thats for sure only whether they can get a large slice of the mega projects ..... we have to wait won't we.

Posted by rocket > 2014-03-07 14:09 | Report Abuse

Yungseng, can elaborate more , don't understand .

Posted by yungshen1 > 2014-03-07 14:17 | Report Abuse

rocket seller key in more lot that,mean shate price goinh up.

Posted by yungshen1 > 2014-03-07 14:18 | Report Abuse

chang21 i am small investor.i play for mid medium invest

Posted by workworkwork > 2014-03-07 14:19 | Report Abuse

Guys... question: Scomi dont have any business but just the holding company for SES and SEN, right? That's the reason why SES is flying but not Scomi. Yes, Scomi is the largest holder of SES and the value should rise according to SES. But why wanna goreng Scomi? Unless big fat dividend payout every year or someone wanna take control of SES, else why investor or banker wanna buy up scomi? Quek also buy SES not scomi.

Can anyone give comment? Just curious... I vested in scomi 0.465. Then suddenly above questions arise.

Posted by Hotrod > 2014-03-07 14:23 | Report Abuse

Because SES has already been goreng before, the upside is not as huge as the parent which is largely untouched for the past few months.

Based on the current SOP valuation, the parent looks deeply undervalued.

Posted by tc2012 > 2014-03-07 14:28 | Report Abuse

sop valuation on SES @1.08 SEN @0.44 for Scomi is about 90 cents giving discount 30% as holding co that means scomi worth 0.63

Posted by workworkwork > 2014-03-07 14:54 | Report Abuse

well, many co in klse also trading below NTA... Just dont see any solid reason to goreng Scomi... It's mother, IJM also plenty of money, no need to goreng scomi to make money...

just curious. but i have profited few rounds on scomi also.. haha

yesterday 46-485. today 465 buy again... hope can run at 48

previous round 375 out 485 also.. haha...

old one cannot remember dy... Scomi Marine until SES also few rounds..

Simply like the Scomi family... except SEN, havent earn yet..

Posted by rocket > 2014-03-07 14:55 | Report Abuse

Yungseng, r u saying more people willing to buy n seller price ?

Posted by sookfun > 2014-03-07 16:03 | Report Abuse

This share can invest?

Posted by Hotrod > 2014-03-07 16:06 | Report Abuse

KUALA LUMPUR: The oil and gas sector is to emerge as the "rising star" and significantly drive the Malaysian economy forward this year, Prime Minister Datuk Seri Najib Razak said today.

He said the expectation was based on the number of oil and gas projects that would be awarded when the massive RM61 billion Refinery and Petrochemicals Integrated Development (RAPID) project in Pengerang, Johor, gets off the ground by year-end.

"This will have a major impact on the economy. I'm also hoping for some recovery in other commodity prices as well this year.

"I think the commodity (crude palm oil) price, according to a recent forecast made at the just-ended Palm Oil and Lauric Conference, is also expected to spiral.

"CPO prices will hover between RM2,500 and RM3,000 per tonne in the near-term," he said, adding that if the price of the golden crop were to reach RM3,000 per tonne, the commodity's performance and that the industry would be far better," he said. -- Bernama

Posted by yungshen1 > 2014-03-08 08:00 | Report Abuse

rocket yaya.how many lot u got

Posted by yummylolly21 > 2014-03-08 10:46 | Report Abuse

Hi Yungshen, just hold till it 50 sen or above?

Posted by yungshen1 > 2014-03-08 11:42 | Report Abuse

i hold until 0.600 sell

Posted by yummylolly21 > 2014-03-08 12:31 | Report Abuse

Okok. Thanks :)

Posted by rocket > 2014-03-08 12:32 | Report Abuse

Yungshen, I hold 10lot

Posted by Marc > 2014-03-08 21:39 | Report Abuse

Game will be starting soon. Stay tuned.

Posted by Greyson > 2014-03-09 13:16 | Report Abuse

Dear Malaysia traders and investors, Im an University undergraduate and would like to ask for your help for spending 5-10 mins to fill up my final year dissertation survey related to social media and financial decision making.

In return, you would get two ebooks on "high probability trading" and " The intelligent investor" plus one bonus audio version of "The intelligent investor" at the end of survey session with an attached dropbox link. Hope you guys benefit from the knowledge sharing.

I greatly appreciate it.
*This survey is not meant for any commercial or market research but only for educational purpose and academic research only.

https://docs.google.com/forms/d/18v6W1mL2ehQ_XO6DGkBqPZt1_WU9TyvAaYl2Me5X8pE/edit

Posted by frenlyme > 2014-03-10 10:44 | Report Abuse

Slow

Posted by SANG-JERO > 2014-03-10 14:56 | Report Abuse

This counter looks delicious....

Posted by iTrade7 > 2014-03-10 14:59 | Report Abuse

Hi chang21, you seems to know a lot on Scomi activities. .. mind if I ask if it's wise to go into Scomien as well since the price looked to hit rock bottom and usually all Scomi subsidiaries moves almost at the same time. .. Thanks

Posted by chang21 > 2014-03-10 15:16 | Report Abuse

Havent have the time to go indepth into Scomien but things are happening that will benefit Scomi· Caught my eye last year with Abu Sahid bought in a big way· What can go wrong with Scomi all ready hit rock bottom and my source telling me that good things are coming this year· Just have to be patient·

Posted by Hotrod > 2014-03-10 15:20 | Report Abuse

Be patient guys. Like what Chang21 said good things are coming this year :)

Posted by tomok81 > 2014-03-10 15:49 | Report Abuse

this year is too general......
i mark the word chang21 a week or two...
that sounds more interesting....

Posted by chang21 > 2014-03-10 16:26 | Report Abuse

Certain things are best left at home and not said at a public forum .......... this counter will only get more flavoring when the time is right.

Posted by ymtan > 2014-03-10 17:56 | Report Abuse

Chang. Ur avg price for scomi ??

Posted by chang21 > 2014-03-10 18:35 | Report Abuse

Average of 42cen

Posted by CheeBy > 2014-03-10 19:28 | Report Abuse

Don't believe everything you read here. Scomi is going up in the next few weeks thats for sure, how much I will not say, but I will not say too much because the punters are also reading this blog. Hold and dont let them influence your decision.

Posted by chang21 > 2014-03-10 20:50 | Report Abuse

Buy on weakness, those selling are contra players ........

Posted by therealslimshady > 2014-03-10 23:59 | Report Abuse

scomi will fly up . just wait .

Posted by rocket > 2014-03-11 07:53 | Report Abuse

Hopefully is not flying to Holland !

Posted by profit118 > 2014-03-11 09:45 | Report Abuse

Dead soon? LOLL

Posted by alexanderSingapore > 2014-03-11 10:41 | Report Abuse

posted by: chang21 Buy on weakness.................

posted by: Marc Game will be starting soon. Stay tuned.

posted by: tc2012 sop valuation on SES @1.08 SEN @0.44 for Scomi is about 90 cents giving discount 30% as holding co that means scomi worth 0.63OK.

kikikikik... I am going to buy some more today.
chang21 please let me know when you leave the boat!
I was busy with MH370.......

Posted by Hotrod > 2014-03-11 10:55 | Report Abuse

Engine has started for its SCOMIES and SCOMIEN. Scomi should follow suit soon.

Posted by tomok81 > 2014-03-11 11:36 | Report Abuse

u turn for scomi.....

Posted by chang21 > 2014-03-11 11:36 | Report Abuse

alexander Singapore I am not leaving the boat just yet comes 31 March I have earn my FD and the next 3 months will be my bonus. Minimum will be 60 cents by then...... Hehehe.

Posted by alexanderSingapore > 2014-03-11 11:39 | Report Abuse

chang21 cheers!

Posted by ngyl > 2014-03-11 11:45 | Report Abuse

http://biz.sinchew.com.my/node/91387?tid=18

Posted by tomok81 > 2014-03-11 12:11 | Report Abuse

yum yum......
awaiting to collect more at 30 cents.........

Posted by tomok81 > 2014-03-11 14:42 | Report Abuse

come on guys its cheap sale here.......

Posted by tomok81 > 2014-03-11 14:56 | Report Abuse

mega sales......
wow.....
very cheap coming......
40 cents.....

Posted by tomok81 > 2014-03-11 16:07 | Report Abuse

jualan murah jualan murah......
40 cents.......

Posted by tomok81 > 2014-03-11 17:09 | Report Abuse

great day for scomi....
tomorrow que at 38.5 cents.....

Posted by rocket > 2014-03-11 22:49 | Report Abuse

Not a good day for Scomi .. Expecting more sell down tomorrow ..haizzzzz

Posted by chang21 > 2014-03-11 23:07 | Report Abuse

tomorrow i buy some more ............ cheap sale for those buying ..... sure make money if you buy now.