Posted by limen12 > 2018-09-17 23:15 | Report Abuse

@freddiehero you say scomi is bad counter, yet now say can start collect some. why sudden change?

Posted by freddiehero > 2018-09-18 07:33 | Report Abuse

yeah bad.. but im said break 0.10

Posted by freddiehero > 2018-09-18 07:34 | Report Abuse

got extra money can collect some. if not dont.

Posted by limen12 > 2018-09-18 12:04 | Report Abuse

Lol. What's the difference ? If bad counter even break 0.10 also won't go up then. Cuz it's bad as u said

Posted by Potato88 > 2018-09-20 08:44 | Report Abuse

I brought at .2, collect at .130, again at 0.1, again at .07, very good counter, make me lose all money..

Posted by freeman > 2018-09-20 09:59 | Report Abuse

undergo capital restructure
2 : 1 .. kaput half #of shares
now at the same price as scomies

Posted by Lim Tek Wai > 2018-09-20 11:09 | Report Abuse

Happy ! Good profit everyday hehehe

Posted by beige94 > 2018-09-21 10:01 | Report Abuse

@Lim Tek Wai stop going to every counter spamming please.

Posted by yanxuan8 > 2018-09-27 09:37 | Report Abuse

Push! Push! Push! Up to 12.0 sen for Private Placement?

Posted by dompeilee > 2018-09-27 12:01 | Report Abuse

Bought some Scomi @ 8.5c(recommended 'accumulate' to clients recently)

Posted by Bursa1575 > 2018-09-27 12:05 | Report Abuse

yes guru, me also bought some at .9c

Posted by Bursa1575 > 2018-09-27 12:07 | Report Abuse

Lets ride it...

Posted by yanxuan8 > 2018-09-27 15:18 | Report Abuse

Yes, a lot of people caught dan then dumped at 6.5 sen, those guys in the known happily collected.

Posted by nippy65 > 1 month ago | Report Abuse

Mumbai Metropolitan Region Development Authority decided no more Made In Malaysia train for Mumbai monorail.

Posted by Potato88 > 2018-09-28 10:13 | Report Abuse

Wtf,dropped again. Sometimes I don't understand this stock, up a bit but next day morning ppl so desperately to sell at low price..

Posted by Speed123 > 2018-09-28 19:23 | Report Abuse

Baited

Posted by Potato88 > 2018-09-28 19:42 | Report Abuse

Prediction, next monday morning ppl will very desperately sell at .08 and sell also at .075, will sell n sell no end..

Posted by freddiehero > 2018-09-28 19:53 | Report Abuse

now adays many counter do 1-2days profit then sold off

Posted by freddiehero > 2018-09-28 19:53 | Report Abuse

sad la like tat cant earn more.. aih

Posted by Shines > 2018-09-28 20:00 | Report Abuse

PP fall, back to 6 sen

Posted by Speed123 > 2018-09-29 08:43 | Report Abuse

Seriously .. the only way that a company can fail for private placement. Is they make it fail .

Posted by Bursa1575 > 2018-10-01 16:50 | Report Abuse

bought some .8c this morning, escape .85c.... game off

Posted by Speed123 > 2018-10-02 11:04 | Report Abuse

wow. just heard PP resubmitted

Posted by yanxuan8 > 2018-10-02 11:06 | Report Abuse

Going to set higher price for the private placement since the first is already 12.0 sen when the share price was only 6.5 sen, now with 9.0-9.5 traded, it should be 15.0 sen for the new placement price?

Posted by yanxuan8 > 2018-10-02 11:08 | Report Abuse

Or even better push the mother share now to much higher, taking the advantage of the high oil price, so placement can be 20.0 sen still well below net assets value!

Posted by Speed123 > 2018-10-02 16:44 | Report Abuse

standby guys .. good news incoming..

Posted by Potato88 > 2018-10-03 16:06 | Report Abuse

Funny stocks, many times up a bit one day the next day people want to desperately sell it.

Posted by limen12 > 2018-10-08 23:50 | Report Abuse

looking at scomi news history,
in end of 2017, Scomi engineering venture in china monorail jobs and get keen interest from few chinese investors to buy a stake in the company.
http://www.theedgemarkets.com/article/chinese-firms-keen-scomi%E2%80%99s-rail-operation
in 2018, scomi group merged with engineering. Now, with new CEO venturing into China, with private placement coming in. It seems that the turnaround for Scomi with the help of new investor put in private placement in Scomi.
https://www.pressreader.com/malaysia/the-star-malaysia-starbiz/20180804/281535111804327

Posted by limen12 > 2018-10-09 09:40 | Report Abuse

Chinese investor coming in to buy stake in Scomi, since its so cheap at current valuations. And they value their expertise.
http://www.theedgemarkets.com/article/chinese-firms-keen-scomi%E2%80%99s-rail-operation

Posted by chinaman > 2018-10-09 15:58 | Report Abuse

KUALA LUMPUR: Commuters using the Rapid KL Monorail will have to wait until next year to see improvement in service despite a previous RM494mil upgrade project, says Transport Minister Anthony Loke.

This is because only five of the 12 sets of four-car trains ordered were delivered by the contractor, Scomi Engineering Bhd, in 2016 and subsequently some of these trains were grounded after parts started falling off.
Scomi Engineering has since had its contract terminated by Prasarana Malaysia Bhd, the operator of Rapid KL Monorail.

“They (Scomi) had a meeting with me yesterday (Oct 8), and I told them they must be prepared to come to the negotiation table to settle the dispute with Prasarana.

“I do not want this dispute to go on at the public’s expense,” he told reporters after visiting the Tun Sambanthan Monorail Station here on Tuesday (Oct 9).

He said the company would have to find a solution despite having their contract terminated by Prasarana.

Loke said that he would then table Scomi and Prasarana's proposal to the Cabinet for approval by the year’s end.

If both parties were still unable to break the deadlock, he said, then a proposal would be forwarded to the Cabinet that would also include the project being tendered out to a foreign company to repair the existing trains and supply new ones.

If resolved, he said, there would be improved rapid rail services by early 2019.

Under the 2014 upgrading project, Loke said, Scomi was responsible for upgrading the monorail stations, develop a depot and supply 12 sets of four-cars trains for Prasarana’s monorail service.

However, he said only five sets began operations in 2016 and there were subsequently five incidents of parts falling off four trains occurring between May and November last year.

Posted by chinaman > 2018-10-09 15:59 | Report Abuse

Very embarrassing this is our monorail engineering expertise level. Somemore, dream to wade into china. wakaka

Posted by beige94 > 2018-10-09 20:04 | Report Abuse

I think the point is that there are Chinese investors eyeing to buy Scomi and partner to bring Scomi to China market. And that's a big market for Scomi to enter.

Posted by limen12 > 2018-10-10 01:12 | Report Abuse

Now Scomi only 7 cents. their NTA is around 30 cents. The initial private placement at 12 cents didnt go through. Next one can even go even higher around 20 cents to match NTA.

Posted by limen12 > 2018-10-10 01:28 | Report Abuse

by the looks of it, there's either a partnership through PP or merger going on for Scomi at these cheap valuations.

Posted by wolffemeister > 2018-10-17 11:12 | Report Abuse

already triggered pn17 based on jun18 results?

Posted by beige94 > 2018-10-17 14:02 | Report Abuse

Not triggered.

Posted by Potato88 > 2018-10-25 14:38 | Report Abuse

Hopeless scomi, everyday ppl desperate to sell,

Posted by beige94 > 2018-10-26 02:21 | Report Abuse

Anyone planning to attend EGM ?

Posted by derickloo > 2018-11-13 08:35 | Report Abuse

Heard Scomi get back the project from prasarana

Posted by mukhriz02023 > 2018-11-13 08:50 | Report Abuse

Lousy is it?

Posted by limen12 > 2018-11-13 15:58 | Report Abuse

@derickloo you sure? I dont see any news that they win back from prasarana

Posted by Hidup_Pak_Lah > 2018-11-23 04:24 | Report Abuse

Deputy minister 'shocked' by Scomi workers' no pay complaint
https://www.malaysiakini.com/news/452999

Posted by Shines > 2018-11-23 08:47 | Report Abuse

Of all pple, workers are the one making profits for a co. How can not pay them

Posted by thequalityguy > 2018-11-23 14:15 | Report Abuse

@Derickloo, MOT has asked them to work together with Prasarana to get the 4-car trains up

Posted by beige94 > 2018-11-23 17:38 | Report Abuse

now only lets wait and see if Scomi can act fast enough with their private placement to settle their debts.

Posted by thequalityguy > 2018-11-23 17:56 | Report Abuse

Dont hold your breath though.

Posted by beige94 > 2018-11-23 23:39 | Report Abuse

@thequalityguy if no private placement then that's just means scomi will soon declare bankruptcy because thats the only way out of this is to get fresh funds externally

Posted by thequalityguy > 2018-11-28 22:38 | Report Abuse

Looks like private placement will go through. But not sure on the completion date.

Posted by thequalityguy > 2018-11-28 22:40 | Report Abuse

Hopefully can get some of the funds owed to them, instead of them always being demanded to pay by creditors. Prasarana also needs to pay them their owed sum. But most importantly, they need to get some new business. If not no more incoming funds lor...

Posted by limen12 > 2018-11-30 01:42 | Report Abuse

well, we all can wait and see. Hopefully when new investor comes in the share price will rebound to the buy in price of the new investor