Master chang or not I also cannot stop the universe from crashing down on us ...... need more power from The God of Prosperity to realise our dreams of going to Hawaii ...... I am booking my ticket during the Dec holidays. Just make sure all those weak holders are squeeze out first.
Scomi will stand to gain whether scomien or scomies gets big project. But it won't up as much as scomien or scomies. The RSC, is getting slimmer each day. The rail project, definitely hopeful. But the biggest problem is market sentiment. Market is biased towards big cap shares now. Even worse, the Ukraine crisis. War or no war, recession will hit us soon. With war, recession will hit us much earlier. So we need some good news soon or else, scomi will continue to fall. Is a 50-50 now. Either we stand to gain a lot from scomi due to good news, or we will dead and buried due to economy crisis. Otherwise, I don't see scomi dropping to PN17.
For short term the price may up and down, but for long term it is one of the alternative besides Scomi Energy. As O&G will be the core activities for this year and coming year, I will just put aside and hold for a period of time to harvest the fruit.
Let's look at it in the positive way. Quek bought not 1 but 4 oil & gas companies in a year or so. All these companies are not the main benefiary of the rapid project in johor. And more importantly all these companies are doing different field in oil & gas. Currently quek might just a minority shareholder in these companies. Quek has the power and influence to merge all these companies to become a major oil & gas player not only malaysia but internationally. Lembaga tabung haji will play his part in this also.
Just what I think and hope. Ofcoz is a dream. Not easy for it to happen. Let's look for the best
today i at hotel open the tv saw that tha ukraine there has been at war. Guys, not to say anythg bad, but now the global situtation is not good. Of course if u wanna hold for at least 1 year or more then u can ignore it.
China economy contracted for 4th consecutive months. That is worrying. I m afraid they might declare they are in recession. Once they declare it would caused a domino chain effect. Any expert here?
I have around 4k lots. If recession it will go down regardless what news we have. I m holding till end of may hopefully. Now is a matter to support the share by buying more or just wait till mth end and let go.
Haha. Shd be bear. Anyway. Decided to go in for more. I believe it worth to wait till end of the mth. I also believe that recession won't be 1-2 mths time.
I don't think there is a big surprise in financial result. Unless they got big impairment lost in some assets. Projects wise, scomies has been growing. I would expect the financial result to be as usual. But we all know that what we waiting is a better news. Big projects. That is our only hope. I don't wish to sell at a lost. But I will take the necessary action if needed.
I am still holding ..... market sentiment is no good just have to wait for contract to be announce ...... like I told most of you guys I don;t know when but I know it will happen.
posted by Chang21....I don;t know when but I know it will happen
Have faith with our Captain Chang21!!
:-)))
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rocket
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Posted by rocket > 2014-04-28 11:59 | Report Abuse
lol..kura-kura hv the longest life :)at the moment , scomi move like kura-kura, u sure u can beat it ?