Posted by Ng Kai Yau > 2014-07-16 08:22 | Report Abuse

thks for sharing zackboy

Posted by pang123 > 2014-07-16 08:25 | Report Abuse

Great! Can we expect some fireworks today?

Posted by Investeye > 2014-07-16 10:53 | Report Abuse

If Scomi Engineering can at least breakeven, then Scomi price will flying higher

Posted by DaitoRyu > 2014-07-16 12:25 | Report Abuse

Not even a twitch,sad.

Posted by jackytheman > 2014-07-16 16:05 | Report Abuse

not moving useless shares

Posted by akulanila > 2014-07-16 16:08 | Report Abuse

lousy share

Posted by rocket > 2014-07-16 18:09 | Report Abuse

two limitation, first , Scomien is partialy settled.2nd, abu, on the way settle. hope it wont take long. it should move within this few day.

Posted by dgtalkid > 2014-07-16 21:36 | Report Abuse

scomies up to 1.07 today.. this brings scomi TP up to 0.635 (after 30% holding discount). scomien went up to 0.41 as well, but at that price, its total contribution to scomi sop valuation is only 0.052 where as scomies contribution is 0.855. Even if scomien goes up to rm1, it will have minimal impact to scomi valuation(0.12). Like investeye said, we just need scomien to breakeven or make a small profit & just bank on scomies to push up scomi price.

Posted by chang21 > 2014-07-17 06:00 | Report Abuse

football fever is over, the directors are back in office. rocket ...... like you say it should move within the next few days ...... hopefully the Scomi fever will set in just like Hovid for the past 2 weeks.

Posted by Ng Kai Yau > 2014-07-17 10:53 | Report Abuse

sell abu

Posted by zackboy > 2014-07-17 12:44 | Report Abuse

Scomien is up while this one is down.

Posted by MERAHMILANO > 2014-07-17 16:10 | Report Abuse

patient n focus bros...

Posted by pang123 > 2014-07-18 00:31 | Report Abuse

Tmr we shall see how much more abu is holding.

Posted by pang123 > 2014-07-18 00:36 | Report Abuse

The volume has been healthy so far. With some 9 m shares. That would help to absorb abu shares faster

Posted by pang123 > 2014-07-18 12:01 | Report Abuse

Maybe we will need to wait till the announcement that ceased to be substantial share holder.

Posted by powerwk > 2014-07-19 21:15 | Report Abuse

I estimate next two week should start moving slowly because of some project news around.

Posted by hooi > 2014-07-21 09:33 | Report Abuse

Bought Scomi at 0.395

Posted by tiennhieu > 2014-07-21 09:36 | Report Abuse

will go up to 0.45

Posted by rocket > 2014-07-21 15:13 | Report Abuse

hooi , from malton u jump to scomi dy:)

Posted by bktay123 > 2014-07-21 15:39 | Report Abuse

i have also sold some Malton and bought Scomi as well as Iris

Posted by hooi > 2014-07-21 20:01 | Report Abuse

Sold some Malton to protect profit, downside limited for Scomi

Posted by tiennhieu > 2014-07-22 14:50 | Report Abuse

too bad, this stock is going down trend, with strong support at 0.39, sad for Scomi

Posted by hooi > 2014-07-22 16:44 | Report Abuse

Bought Scomi at 0.39

Posted by Frank Soweto > 2014-07-23 03:15 | Report Abuse

LOL yes Hooi you r indeed the Padini Hooi :) hopefully you can take over Abu and Co shares :)

Posted by hooi > 2014-07-23 07:47 | Report Abuse

"If you aren't prepared to see your stocks go down 50%, you shouldn't own them. Be prepared for declines and arrange your financial affairs such that you won't have to sell out". ...Warren Buffett

Posted by hagi > 2014-07-23 09:52 | Report Abuse

Can at least go down to 0.350 I reckon.

Posted by pang123 > 2014-07-23 12:18 | Report Abuse

Hooi, if u reckon it will drop to 0.35 then why bother to buy at 0.39?

Posted by hooi > 2014-07-23 13:59 | Report Abuse

Strong support at 0.39

Posted by pang123 > 2014-07-23 18:05 | Report Abuse

Sorry hooi. I thought it was u. It was hagi who said will drop to 0.35. My bad

Posted by bktay123 > 2014-07-23 21:57 | Report Abuse

remember Ijm bought a stake at 0.35 so i agree downside is limited. in share investment you cannot buy at the lowest neither can you sell at the highest!

Posted by yifie_911 > 2014-07-24 00:02 | Report Abuse

bktay123, there is always a possibility to buy at lowest or sell at highest or both together...but the chance is so so so small...just for sharing, I had tried this before...

Posted by FredNorton > 2014-07-24 15:07 | Report Abuse

Tan Teng Boo, fund manager of iCap.biz Berhad, had recently purchased a stake in Scomi Group Berhad. In an internally published article to his clients, he rated Scomi as a buy with a price target of RM0.90.

Posted by tiennhieu > 2014-07-24 16:19 | Report Abuse

sure bo? rm0.90? looks like want to climb up to rm0.45 also susah.

Posted by FredNorton > 2014-07-24 16:47 | Report Abuse

You can check with iCap.biz Berhad investors to clear your skeptical mind. All iCap.biz Berhad investors obtained the article.

Posted by JamesBond > 2014-07-24 18:35 | Report Abuse

Fred how many shares did Tan Teng Boo buy?

Posted by FredNorton > 2014-07-24 19:14 | Report Abuse

20,000,000 shares

Posted by FredNorton > 2014-07-24 19:24 | Report Abuse

High volume in the recent prior weeks was a purchase by Tan Teng Boo

Posted by Ng Kai Yau > 2014-07-24 19:52 | Report Abuse

FredNorton, thks for your sharing but why Abu want to dispose if this is worth 90 sen?

Posted by alexanderSingapore > 2014-07-24 20:56 | Report Abuse

Last year March 2013 Abu said to give Scomi one year to perform, now July 2014, disposed due to maturity of time frame given.

Posted by Frank Soweto > 2014-07-24 23:33 | Report Abuse

Posted by Ng Kai Yau > Jul 24, 2014 07:52 PM | Report Abuse
FredNorton, thks for your sharing but why Abu want to dispose if this is worth 90 sen?
Ng, I think when Abu first emerged he probably had insider news that IJM was about to take a stake in Scomi and hoping for either a price surge with the news or takeover. neither happened ( well at least not the surge he is expecting )so he is letting go knowing he cannot do anything much and that Scomi still have many more hurdles to overcome from the years of poor management from Ayatollah Shah. A lot of excitement was built in terms of better things ahead for Scomi by many analysts when Abu bought a substantial stake with his partner in crime Philip but they're probably there just as opportunist hoping for Scomi to fly and indeed it did for a short while but then again came back crashing down so no longer viable to have his money stuck here. Just my 2 cents :)

Posted by chrisyap > 2014-07-25 00:06 | Report Abuse

am jus speculating.. check Scomi annual report ! Scomi owns Scomi Engineering Bhd 72% and Scomi Energy Services Bhd 65%, how much it worth ?

Posted by Ng Kai Yau > 2014-07-25 05:07 | Report Abuse

Thks Frank, than we should see abu and co to dispose their remaining. Still has 5 over percent for abu to dispose.

Posted by Frank Soweto > 2014-07-25 09:02 | Report Abuse

No worries Ng, Interesting gap up now - juz a show or for real? maybe Abu buying back LOL

Posted by Frank Soweto > 2014-07-25 09:04 | Report Abuse

huge vol too - big boys exchanging :)

Posted by hooi > 2014-07-25 09:04 | Report Abuse

Bought Scomi at 0.400

Posted by Ng Kai Yau > 2014-07-25 09:06 | Report Abuse

lol...Frank, hope is not him

Posted by Frank Soweto > 2014-07-25 09:14 | Report Abuse

oh actually hooi buying from Abu :)

Posted by Ng Kai Yau > 2014-07-25 09:15 | Report Abuse

not you Frank

Posted by Frank Soweto > 2014-07-25 09:16 | Report Abuse

yeah go hooi I got trust in you :) now captain also tarak - vice captain long time missing - Hooi is the savior now :)

Posted by Frank Soweto > 2014-07-25 09:18 | Report Abuse

hooi is the real deal - last time show up @ padini then padini surged - now hooi at Scomi - Scomi will surge too LOL :)