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

JaJa7777

90 posts

Posted by JaJa7777 > 2018-03-15 12:49 | Report Abuse

Ongjimmy - What is your reasoning??

From my point of view there are good reasons for the recent price and performance to be so low.
Dropped revenue, increased overheads, increased loans and bank repayments, no new work, poor publicity, failure to complete and deliver projects, lost court cases, more court cases coming and fines imposed...... That and they have not been in the black since 2015, QOQ and YOY increased losses, reduction in value of assets, the list goes on and there doesn't seem to be anything in there that has a positive spin on it.

So other than shear volume of shares been bought at a ridiculously low price what is going to push the price up to nearly double what it is standing at at the moment?

bleuerouge

3,221 posts

Posted by bleuerouge > 2018-03-15 19:13 | Report Abuse

Price has been surpressed down but well supported at 0.125 for the past few days and buying volume much increased today, I placed my bet on scomi-wb at 0.065. Will be adding more tomorrow as long below 0.075.

CT888

885 posts

Posted by CT888 > 2018-03-15 20:55 | Report Abuse

Is about time. Press till way below value so should be bouncing anytime!

CT888

885 posts

Posted by CT888 > 2018-03-16 08:55 | Report Abuse

looks like today is Scomi's day!
Dont miss the boat

CT888

885 posts

Posted by CT888 > 2018-03-16 11:16 | Report Abuse

Those who still want to sell 13 cts, pls throw now!

i_investor

934 posts

Posted by i_investor > 2018-03-16 16:10 | Report Abuse

yes, there are, they still want to sell 13cts, is SCOMI themselves:

http://www.malaysiastock.biz/Company-Announcement.aspx?id=1042324

freddiehero

16,722 posts

Posted by freddiehero > 2018-03-16 17:22 | Report Abuse

im still waiting 0.10

vikrogers

103 posts

Posted by vikrogers > 2018-03-16 17:26 | Report Abuse

Me too waiting for 0.10

JaJa7777

90 posts

Posted by JaJa7777 > 2018-03-18 12:18 | Report Abuse

i_investor - Not sure that 40K USD will make to much difference, would think there is another reason for the sale????

longvalley

2,287 posts

Posted by longvalley > 2018-03-21 17:20 | Report Abuse

Abaikan.............til may.....!!!!?

Potato88

740 posts

Posted by Potato88 > 2018-03-23 11:06 | Report Abuse

Pls scomi limit down and delisted...&$&$&$

Posted by Rusli Widad > 2018-03-26 14:34 | Report Abuse

trading near its support of 0.1. it is important to monitor the price vol action near this 0.1level to determine whether this support level will hold.

base on daily chart 23/3

JaJa7777

90 posts

Posted by JaJa7777 > 2018-03-27 16:29 | Report Abuse

Scomi….. like an impotent old man..
Fails to get it up….

longvalley

2,287 posts

Posted by longvalley > 2018-03-28 17:17 | Report Abuse

O.10/0.105.......bottom........!!!!?

Potato88

740 posts

Posted by Potato88 > 2018-03-30 09:55 | Report Abuse

Why cant the ppl just one shot sell until .0005 and let everyone died..ffff

supernova

1,923 posts

Posted by supernova > 2018-04-06 15:06 | Report Abuse

next week good to enter? in my watch list quite some time

freddiehero

16,722 posts

Posted by freddiehero > 2018-04-10 17:37 | Report Abuse

wow

nippy65

197 posts

Posted by nippy65 > 2018-04-12 16:40 | Report Abuse

Something is not right with Scomies.

faizkl

268 posts

Posted by faizkl > 2018-04-13 16:59 | Report Abuse

Oil & Gas Red Hot Again.. Sapu Scomi..

nippy65

197 posts

Posted by nippy65 > 2018-04-13 18:43 | Report Abuse

Oil and gas is hot. No doubt at all. At the end, what is the size of Scomi and Scomies order book. What is their replenishment rate ? Anything to shout at going forward ? Unless a major contract win and I mean major. At the current state of things, is worrisome.

JaJa7777

90 posts

Posted by JaJa7777 > 2018-04-16 13:35 | Report Abuse

The issues at Scomies......

Ophir oilfield has been unable to restore production
The field was shut in on 8 January to address facilities constraints identified during commissioning, a power fault prevented a production restart.
Nitrogen lifting operations began in late March on the first well Ophir A-1 to restore production, the nitrogen operations were unsuccessful in restarting production.
JV owners are discussing the next steps for the field with Petronas.

Long story short.... There is no oil revenue coming in from Ophir.
This will seriously impact Q4 results as everything was hanging on to Ophir revenue

djibaok

1,183 posts

Posted by djibaok > 2018-04-16 16:05 | Report Abuse

eh i tot pak lah sapot dis kaunter? no aahh?

Potato88

740 posts

Posted by Potato88 > 2018-04-18 11:29 | Report Abuse

Hmmm..kiasi.ppl sell again..

Potato88

740 posts

Posted by Potato88 > 2018-04-18 11:32 | Report Abuse

Pls dont buy this stock, even the company also sell it own shares. Let wait and see it drop till .0005 and get delisted...

abcde12345

493 posts

Posted by abcde12345 > 2018-04-18 12:19 | Report Abuse

gogo

freddiehero

16,722 posts

Posted by freddiehero > 2018-04-19 10:46 | Report Abuse

no hope.

freddiehero

16,722 posts

Posted by freddiehero > 2018-04-19 10:46 | Report Abuse

still loss half..

freddiehero

16,722 posts

Posted by freddiehero > 2018-04-19 10:47 | Report Abuse

wait down below 0.1 baru collect..

Posted by jordanmaggie61 > 2018-04-19 12:12 | Report Abuse

damn good

arbao

84 posts

Posted by arbao > 2018-04-20 14:33 | Report Abuse

Y today so many volume for scomi

Potato88

740 posts

Posted by Potato88 > 2018-04-20 15:37 | Report Abuse

Scomi pls Go to hell

nippy65

197 posts

Posted by nippy65 > 2018-04-21 07:53 | Report Abuse

If what is said about Ophir having halted production since Jan and reported that more gas is extracted than crude, come the next qtr result in May is going to be a very painful one. Why selling treasury shares ? Cash flow issue ?

JaJa7777

90 posts

Posted by JaJa7777 > 2018-04-22 12:22 | Report Abuse

I would agree with cash flow issues or poss redundancy packages for Scomi EN clear-out?? but the treasury share sales are of such a small amount??? only 60K (USD) for the last four sales..... if that is cash flow issues then there are serious problems - Are they meeting payroll this month???

Alex™

12,594 posts

Posted by Alex™ > 2018-04-22 12:48 | Report Abuse

insider also want to press down. they run d, u still duwan run?

Ongjimmy

72 posts

Posted by Ongjimmy > 2018-04-27 10:14 | Report Abuse

Sleeping company d............!!

Potato88

740 posts

Posted by Potato88 > 2018-04-27 11:49 | Report Abuse

Ppl keep on selling...wtf.

djibaok

1,183 posts

Posted by djibaok > 2018-05-06 19:32 | Report Abuse

jump up on thursday post GE

JaJa7777

90 posts

Posted by JaJa7777 > 2018-05-30 13:33 | Report Abuse

Eagerly awaiting Q4 financials.....

Haha

413 posts

Posted by Haha > 2018-06-03 14:37 | Report Abuse

latest qtr got a big losses...how to do?

freddiehero

16,722 posts

Posted by freddiehero > 2018-06-03 14:58 | Report Abuse

huhu dono la..

freddiehero

16,722 posts

Posted by freddiehero > 2018-06-03 14:58 | Report Abuse

for me just keep la.. coz oldei loss half from early.

freddiehero

16,722 posts

Posted by freddiehero > 2018-06-03 14:58 | Report Abuse

if below 0.09 i buy some..

mancingbursa

4,268 posts

Posted by mancingbursa > 2018-06-05 14:27 | Report Abuse

can buy ar? pp

freddiehero

16,722 posts

Posted by freddiehero > 2018-06-08 07:46 | Report Abuse

sorry i sold off

Shines

2,824 posts

Posted by Shines > 2018-06-08 08:06 | Report Abuse

Pushing up to make PP looks attractive

Potato88

740 posts

Posted by Potato88 > 2018-06-08 09:26 | Report Abuse

I sold all at .140 but still lose a lot of money, bought at .360..damm bad stock

chinaman

3,302 posts

Posted by chinaman > 2018-06-08 09:28 | Report Abuse

why sell out so early? SCOMI is under IJM GLC now....this salted fish will turnaround into dragon again with the recovery of oil/ gas industry

ajaaja

459 posts

Posted by ajaaja > 2018-06-08 12:05 | Report Abuse

price start to move

Jebard

660 posts

Posted by Jebard > 2018-06-11 16:30 | Report Abuse

this counter still sleeping....

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