SCOMI GROUP BHD

KLSE (MYR): SCOMI (7158)

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32 people like this.

16,656 comment(s). Last comment by Mabel 2023-05-02 08:22

nippy65

197 posts

Posted by nippy65 > 2018-02-09 22:32 | Report Abuse

Scomies 30% stake in the Ophir field is only as a service provider and operator of the offshore platform. The resources extracted belongs to Petronas. Even if crude is US100 , all the gains is non of Scomies business. More importantly, is being a service provider and operator a lucrative business ? If so, why did SapuraEnergy gave up their RSC ?

Abilakh

376 posts

Posted by Abilakh > 2018-02-12 09:28 | Report Abuse

Last day for free warrants

Abilakh

376 posts

Posted by Abilakh > 2018-02-13 09:07 | Report Abuse

24 Sen become 20 Sen. OMG

julian1981

900 posts

Posted by julian1981 > 2018-02-13 09:39 | Report Abuse

why the price drop so much huh

Abilakh

376 posts

Posted by Abilakh > 2018-02-13 10:29 | Report Abuse

Prior to consolidation 16-18 sens, now after consolidation like 19-20 sens...half the value just disappeared

nippy65

197 posts

Posted by nippy65 > 2018-02-13 10:50 | Report Abuse

So, the equity restructuring is capital reduction or capital consolidation ? As long as there are no positive visibilty in revenue, earnings, announcement of job awards, outstanding order book and status on the legal issues on the monorail projects , the going is very tough. What is there on the table for us to see clearly ? EPS, P/E and ROE all in negative territories. What more when gearing is also high. Quarterly result this month end can spell more pressure. Hope to be wronged.

billionn

733 posts

Posted by billionn > 2018-02-13 11:12 | Report Abuse

Goreng stock dun hv fixed recipe as long as it’s sedap that is it. Can someone tell me how much is the warrant worth?

Abilakh

376 posts

Posted by Abilakh > 2018-02-13 12:13 | Report Abuse

Share consolidation was a big mistake...now company's net assets is so much higher around 40 50 sens

JaJa7777

90 posts

Posted by JaJa7777 > 2018-02-13 13:15 | Report Abuse

Down 13% in a morning session is a little scary!!!
Prices will blip on the 15th which will suit the two week traders...
15th to the 24th will be a tough time and hard to sell.

24th onward??? maybe a little resurgence for the month end but will be a steady sell-off and i see all time low looming very close.

gooman

787 posts

Posted by gooman > 2018-02-13 14:38 | Report Abuse

Buy Anzo. It is likely to fly after the next QR announcement. Recent good article on Anzo. Its stock price is at a multi year low.

Abilakh

376 posts

Posted by Abilakh > 2018-02-14 16:00 | Report Abuse

All oil and gas up but scomi down

JaJa7777

90 posts

Posted by JaJa7777 > 2018-02-15 12:31 | Report Abuse

12 month low and another 10 days before the qty results out.......
Plenty of sellers but no buyers
Dropped off 20% in ten days!!!!...another -10% will see all time lows
Not looking good.......


"nippy65 With the additional shares swap from Scomien couple with the turmoil and nervousness in world maket and absence of new jobs, more pressure will be on the share price which prehaps can go below 0.20. As good as capital reduction.
09/02/2018 09:10"

Abilakh

376 posts

Posted by Abilakh > 2018-02-19 16:10 | Report Abuse

all oil and gas counters up like crazy except...

newbie2018

173 posts

Posted by newbie2018 > 2018-02-19 16:12 | Report Abuse

Scomi not O&G ctrs? Why not up?

curious2

1,812 posts

Posted by curious2 > 2018-02-19 16:13 | Report Abuse

If Pak Lah never resigned when asked by Dr M will Scomi suffer?

JaJa7777

90 posts

Posted by JaJa7777 > 2018-02-20 12:20 | Report Abuse

Curious to see but Scomi ES is now sitting with a slightly higher Market Cap than Scomi.....

JaJa7777

90 posts

Posted by JaJa7777 > 2018-02-20 12:38 | Report Abuse

Scomi Group net debt position currently = 300+ Million, Market Cap 280 Million and Revenue is lower than operating costs

Any thoughts Nippy65???

nippy65

197 posts

Posted by nippy65 > 2018-02-20 13:32 | Report Abuse

Only one word Jala7777, "diecy"

Abilakh

376 posts

Posted by Abilakh > 2018-02-20 16:49 | Report Abuse

all time low

freddiehero

16,722 posts

Posted by freddiehero > 2018-02-20 17:04 | Report Abuse

no free unit after consolit?

arbao

84 posts

Posted by arbao > 2018-02-20 18:36 | Report Abuse

When will scomi warrant list on board? Last time said 2 share been given 1 warrant

freddiehero

16,722 posts

Posted by freddiehero > 2018-02-20 19:48 | Report Abuse

yeah.. tats right.

Posted by nimitta5678 > 2018-02-20 20:34 | Report Abuse

When can we buy/sell thenew warrant?

toptop

27 posts

Posted by toptop > 2018-02-20 23:04 | Report Abuse

better dump the mother now NT0.10

Abilakh

376 posts

Posted by Abilakh > 2018-02-21 08:04 | Report Abuse

Pre consol is already 0.0975 sens...already below 10 sens...all time low ready

freddiehero

16,722 posts

Posted by freddiehero > 2018-02-21 10:21 | Report Abuse

if drop, just droo more. i wil see u 0.1 : )

billionn

733 posts

Posted by billionn > 2018-02-21 11:19 | Report Abuse

.28, .26,..24, .22,.2,.19 lower low .10 matter of times lol

flyingdoc

29 posts

Posted by flyingdoc > 2018-02-21 12:34 | Report Abuse

warrant to be listed tomorrow

freddiehero

16,722 posts

Posted by freddiehero > 2018-02-21 20:40 | Report Abuse

is it? our free warrant or wat?

Posted by Sebastian Sted Power > 2018-02-22 10:07 | Report Abuse

俗语“烂船也有三分钉" obviously this is 纸船 worse than 烂船

JaJa7777

90 posts

Posted by JaJa7777 > 2018-02-22 12:38 | Report Abuse

Huge volume.
All time low and still pushing hard in a downward direction, the market cap = 266 Million - Ouch Ouch Ouch
What is the warrant price???

Posted by birkincollector > 2018-02-23 13:36 | Report Abuse

Think wanna rebound anytime now

nippy65

197 posts

Posted by nippy65 > 2018-02-25 10:11 | Report Abuse

Everything hinges on the coming qtr results and comments from the Company. As usual, tagline announcement to follow is, bidding for billions and billions jobs just like previous qtrs before this. Or, close to finalising monorail collabotration with interested party China. At the end, no hear of any winnings for a long long while to replenish the depleting orderbook. The vol on Friday is more of anticipation and release of qtr result.

Posted by birkincollector > 2018-02-25 16:49 | Report Abuse

Who knows. Oil price gone up 1.5% over the weekend to 67.43. And may be there are surprises towards the qt result . Chart does seem wanna rebound. Worth a look for traders.

ww_guy

605 posts

Posted by ww_guy > 2018-02-26 16:39 | Report Abuse

how you know chart does seem wanna rebound? the year lowerst prices is 0.10, which happened before consolidation. After consolidation, the price drop to 0.185, which is equal 0.09-0.095 before consolidation. I don't see any potential it will rebound. This is the norm after consolidation the share will keep dropping as you should know why the consolidation happened. I sold all my scomi share once consolidation was being announced. so lucky to sell it that time

JaJa7777

90 posts

Posted by JaJa7777 > 2018-02-26 20:31 | Report Abuse

Usual trend is for Scomi to pick-up slightly towards the end of the month......
But this is a short month!!!! that and conso is working hard to push prices down which is also the usual trend after that type of exercise.
Qtr results will not be any surprises i dont think as there has been no new work and only doom and gloom for the last 2x qtr, will be another loss making qtr and just adding to the debts and reducing the market Cap even further..
Lets see what tomorrow brings.....

freddiehero

16,722 posts

Posted by freddiehero > 2018-02-26 20:39 | Report Abuse

wait for 0.1

nippy65

197 posts

Posted by nippy65 > 2018-02-27 10:13 | Report Abuse

If the qty result is expected to be at least favourable, the share price should not remain at this level.

CT888

885 posts

Posted by CT888 > 2018-02-27 11:08 | Report Abuse

At 18ct this morning, it has effectively dropped half price to its Jan'18 peak of 18cts before consolidation.
Half price in 1 month and nobody dare go in ??

bbcall

31 posts

Posted by bbcall > 2018-02-28 10:46 | Report Abuse

WTH, keep dropping

nippy65

197 posts

Posted by nippy65 > 2018-02-28 11:42 | Report Abuse

The current share price is tell-tale sign of what is to come when the qtr result is announced this evening.

nippy65

197 posts

Posted by nippy65 > 2018-02-28 19:36 | Report Abuse

Very heavy losses.

GGecko

1,937 posts

Posted by GGecko > 2018-02-28 19:40 | Report Abuse

will have new low ..post recent share consolidation..that is, tomoro..

nippy65

197 posts

Posted by nippy65 > 2018-02-28 20:56 | Report Abuse

Tomorrow T4 high vol as well. Is it going to be blood bath ?.

bbcall

31 posts

Posted by bbcall > 2018-03-01 09:13 | Report Abuse

faint....

nippy65

197 posts

Posted by nippy65 > 2018-03-01 09:54 | Report Abuse

All the 3 divisions , oilfield services, transport solution and marine sunk into the red.

JaJa7777

90 posts

Posted by JaJa7777 > 2018-03-01 12:44 | Report Abuse

There was nothing to indicate anything other than a poor result, was speculating @ -25 to -30 but -63 is pretty horrendous.
Market cap in now hovering between 220/240 and still looking at a southerly direction.

JaJa7777

90 posts

Posted by JaJa7777 > 2018-03-01 13:28 | Report Abuse

The Qtr report makes for an interesting read - scary but interesting....
Net worth has dropped off 223 Million that's -30% against the same time last year.

nippy65

197 posts

Posted by nippy65 > 2018-03-01 15:00 | Report Abuse

Basically the group needs win jobs and more jobs. Period.

winmal

1,128 posts

Posted by winmal > 2018-03-01 15:08 | Report Abuse

they need better management to turnaround the company. current management can't deliver whatever they comments

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