Don't think this counter wake up yet :-) As mention before even with the following are true it just won't move if it does not have the mood yet LOL....
Rock Solid Net Tangible Asset Rock Solid Job Orders Rock Solid Value (Price has fallen to ALL TIME LOW) Rock Solid Prospect
@calvintaneng - maybe you can provide example for each of the "Rock Solid" you mention above??
Thanks for the links, @hooi. Scomi is down in the doldrums again when it comes to the share price. Wonder what the possible catalyst will be to push it up again.
Remember those good times of 2-3 years ago with news of the "IJM bailout"? Great opportunities for traders to make decent profits during that time. Now it's back to where it started... Is this the capitulation where those who want to sell are all gone...and only strong holders remain? I watch this counter regularly, looking for signs that it's waking up. A few false alarms so far :-) But I'll continue waiting.
By the way, the previous quarter's results were definitely okay considering the circumstances. A 1.5 EPS is quite decent for a penny stock. Especially one selling at 0.21 right now, and close to historical lows.
@Mat Cendana - this counter not depend on news it seem like depend on mood rather :-) Just kidding but really depend on individual what they are looking at when invest in a company. Look for management? Don't think people agree. Look for future? May be. Look for their potential business? Look like it. Looking for their asset and NTA? At least I'm looking at that. Unless that figure that is publish publicly not accurate then I might get trap :-) Anyway, investment is like that some time we win and make money (I mean really big money) some time we lost and lost horribly and this is part of life. Else might as well put the money in FD which not need to worry as It will definitely make money over time and pay half of the GST we need to pay to our government.
don't understand why hooi so confident on this counter. if not mistaken, hooi had bought scomi from price > RM0.35 and keep average down to the lowest price RM0.185.. is this counter really worth to buy so much?
now not only impact of oil price, but is the whole m'sia share market, due to so many bad news in m'sia...i never have this kind of feeling that it will take much longer time to recover
No worries, i already advised Bro Hooi long ago. But i have full respect on him
Stock: [SCOMI]: SCOMI GROUP BHD Dec 15, 2014 08:27 PM | Report Abuse
Hahaaaa. Hooi hooi. This is not the way to play shares u keep average down from RM0.42 cents onwards. Just monitor till the market turn positive and then only start buying
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Posted by powerwk > 2015-07-23 00:42 | Report Abuse
Don't think this counter wake up yet :-) As mention before even with the following are true it just won't move if it does not have the mood yet LOL....
Rock Solid Net Tangible Asset
Rock Solid Job Orders
Rock Solid Value (Price has fallen to ALL TIME LOW)
Rock Solid Prospect
@calvintaneng - maybe you can provide example for each of the "Rock Solid" you mention above??