SCOMI GROUP BHD

KLSE (MYR): SCOMI (7158)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


32 people like this.

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

Posted by Cheepheng87 > 2019-04-09 14:47 | Report Abuse

Won't go to. 9.5c.

DickyMe

14,898 posts

Posted by DickyMe > 2019-04-09 14:57 | Report Abuse

WHY majority of GLC counters are in penny stock state? Even with monopoly and protection cannot survive? No business talent?

param54

632 posts

Posted by param54 > 2019-04-09 15:23 | Report Abuse

low volume and still holding is good sign

DickyMe

14,898 posts

Posted by DickyMe > 2019-04-09 17:04 |

Post removed.Why?

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-04-09 17:07 | Report Abuse

MBB give extension,if IJM no dispose announcement then please continue...hehe

Posted by thequalityguy > 2019-04-09 18:29 | Report Abuse

@Ron90,

"tunneling giant, IJM owns 21% scomi shares...when ECRL proceed, maybe scomi sure got some action..., ONGC also involve..buy Scomi ..got 2-in-1. ..Ph friendly, what else can hold back this company?"

Bila masa lah IJM jadi tunnelling giant? Kikiki...

I think you got mixed up with Gamuda. They are the tunnelling giant in Malaysia through MMC-Gamuda. However, you are right about IJM being major shareholder of Scomi. It's been a long wait for them to see their investment bear fruit. So, #IniKaliLah!

@Yusuf Isa,

FYI on IJM's stake in SCOMI: https://www.theedgemarkets.com/article/cover-story-scomis-colourful-past

As for your question on which to buy (Scomi vs KNM vs Scomies vs Sapura), I don't know much about KNM. But with regards to SAPNRG, they are Petronas' biggest vendor, & with crude oil reaching higher levels, expect more investment from Petronas & involvement from SAPNRG. However, with their debt, don't expect to reap immediate profits. Comparing SCOMI & SCOMIES is easier, IMHO. SCOMIES is less debt laden, & it is is the O&G industry which is on the rise.They are in a niche business which is highly required by the drilling companies, not competing with the likes of SAPNRG, KNM, VELESTO, HIBISCS, etc.So relatively, SCOMIES is a safe bet. But the profit margins of their business is not as big as the O&G construction contractors like SAPNRG,VELESTO, KNM, etc.

SCOMI, however, is an entirely different ball game. They are in the rail industry, one of only 3 proprietary monorail manufacturers in the world (IP belongs to SCOMI)& 100% Malaysian company. While after a lull, the rail industry in Malaysia looks like it is about to pick up, Monorail is not really a popular mode of travel overseas. While it has its advantages, SCOMI's lack of high marketing budget means that there is little publicity on monorails, especially in India. After the recent contracts with Prasarana, there is hope yet. After KL, SCOMI ca start renegotiating in Mumbai & Sao Paulo. Also remember that in the Penang Transport Master Plan, there are two monorail lines, and with SCOMI being a local company, they stand a good chance of clinching the deal. So there is huge potential in SCOMI, but the risk is that previously also, SCOMI had almost RM5 billion worth of potential projects but nothing turned up. Can SCOMI do a better job now under new management? Only time will tell... At this point, I can only recommend to watch closely.For those who are willing to play the long game, go ahead & buy now. It will become more expensive later as bid successes are announced.

Yusuf Isa

246 posts

Posted by Yusuf Isa > 2019-04-10 10:50 | Report Abuse

thequalityguy... Thank you so much for your explanation. Very informative & meaningful to me.

Yusuf Isa

246 posts

Posted by Yusuf Isa > 2019-04-10 10:53 | Report Abuse

Going down again. Queue 50k lots at 5 cents. Everything is possible in Bursa Malaysia.

Posted by T800Terminator > 2019-04-10 11:48 | Report Abuse

No volume and no 0.095c. So disappointed

legend

4,119 posts

Posted by legend > 2019-04-10 12:33 | Report Abuse

if Dow red again tonight...tomorrow you know la

Posted by Cheepheng87 > 2019-04-10 13:29 | Report Abuse

Wait 30 days. Pending announcement in details on the terms and value of settlement. But It was higlighest positive affect the EPS

digi_three

729 posts

Posted by digi_three > 2019-04-10 13:32 | Report Abuse

aiyoo soon it will hit 0.20 lorr haar. hold tight tight everybody haar! afternoon session up at 0.125 lorr aiyoooo

Posted by AlexanderDGreat78 > 2019-04-10 13:50 | Report Abuse

afternoon session up 0.125 ??? really digi_three :)

digi_three

729 posts

Posted by digi_three > 2019-04-10 15:05 | Report Abuse

alex aiyoo only hopeful lorr .. kikiki .. always think positive lorr

digi_three

729 posts

Posted by digi_three > 2019-04-10 15:12 | Report Abuse

aiyoo someone just bought at 0.11 for 2700 lots lor but later went down to 0.105 again lorr ... aiyoo if you want to make a grand entrance why not just buy at 0.135 lor haar .. might as well push it up lor haar .. aiyoo .. need bigger propeller lorr ... kikiki

digi_three

729 posts

Posted by digi_three > 2019-04-10 15:17 | Report Abuse

yea lorr .. stop selling lor .. hold tight tight lorr! this stock has a brigther future lorr .. tp 0.20 in the future and likely oso tp 0.30 back to in the old days lorr haar ..

Posted by LightOfTheWorld > 2019-04-10 16:34 | Report Abuse

cut loss before it is too late. this stock will kill u softly...haha

Ron90

4,127 posts

Posted by Ron90 > 2019-04-10 16:42 | Report Abuse

today T+3

digi_three

729 posts

Posted by digi_three > 2019-04-10 17:03 | Report Abuse

aiyoo T+3 lorr haar but most likely everybody settled lorr haar. compared the volume transacted 3-4 days ago .. today volume is peanut lorr haar .. so everybody settled and hold tight tight lorr ... tp 0.20 coming ...!!! kikiki ... think positive haar ..

melvintcs

505 posts

Posted by melvintcs > 2019-04-10 20:34 | Report Abuse

scomi aggresive abit

Posted by Hunter 88 Hunter 88 > 2019-04-10 20:39 | Report Abuse

This stock will go higher...slow2 down at new support for 2 week.

melvintcs

505 posts

Posted by melvintcs > 2019-04-10 20:40 | Report Abuse

hope fully up again

legend

4,119 posts

Posted by legend > 2019-04-11 11:11 | Report Abuse

run first...!!!

Posted by T800Terminator > 2019-04-11 12:18 | Report Abuse

9.5c Mari.........

Posted by birkincollector > 2019-04-11 12:30 | Report Abuse

oh no 0.105 broken

legend

4,119 posts

Posted by legend > 2019-04-11 12:33 |

Post removed.Why?

Posted by Hunter 88 Hunter 88 > 2019-04-11 12:42 | Report Abuse

Yes....

DickyMe

14,898 posts

Posted by DickyMe > 2019-04-11 13:27 |

Post removed.Why?

Posted by AlexanderDGreat78 > 2019-04-11 13:32 | Report Abuse

Up Up Up today!!!!!

Posted by Cheepheng87 > 2019-04-11 14:19 | Report Abuse

Today won't up. Will up after all the contracts N payments clarified. Why simply Comment On tp. Where's the justifications

legend

4,119 posts

Posted by legend > 2019-04-11 14:27 | Report Abuse

wait few more days...today don't touch

param54

632 posts

Posted by param54 > 2019-04-11 15:55 | Report Abuse

going back to square one .
mati

Yusuf Isa

246 posts

Posted by Yusuf Isa > 2019-04-11 15:56 | Report Abuse

Matched 1000 lots at 10 cents. Waiting for 9 cents.

param54

632 posts

Posted by param54 > 2019-04-11 17:23 | Report Abuse

hope 10 cents barrier can hold

aris743

726 posts

Posted by aris743 > 2019-04-11 21:24 | Report Abuse

good buy yusuf

aris743

726 posts

Posted by aris743 > 2019-04-11 21:33 | Report Abuse

tomoro up. no more f selling

Ron90

4,127 posts

Posted by Ron90 > 2019-04-12 00:02 | Report Abuse

Penang transport master plan also got monorail tau, not just one, but THREE monorail system !!!

not yet approved, but getting approval..lebih kurang sama la.

==========
Public Transport

1. Bayan Lepas LRT
2. Ayer Itam Monorail
3. Tanjung Tokong Monorail
4. Raja Uda – Sg Nyiur – Bukit Mertajam – Permatang Tinggi Monorail
- Extension (BRT) northwards to Kepala Batas
Tram

Yusuf Isa

246 posts

Posted by Yusuf Isa > 2019-04-12 11:00 | Report Abuse

aris743... Thank you. I think we need one more Trumph bad mouth in Tweeter to push down to 9 cents. Yesterday Bursa down more than 15 points because of TNB stocks...

Yusuf Isa

246 posts

Posted by Yusuf Isa > 2019-04-12 11:00 | Report Abuse

aris743... Did you buy Meridian-WB (formerly Medainc-WB)?

aris743

726 posts

Posted by aris743 > 2019-04-12 11:02 | Report Abuse

aa 2c

solid

401 posts

Posted by solid > 2019-04-12 11:13 | Report Abuse

Hopefully ll down more...can buy more, 8cts

Yusuf Isa

246 posts

Posted by Yusuf Isa > 2019-04-12 11:18 | Report Abuse

aris743... I bought Meridian-WB too but a small amount.

Yusuf Isa

246 posts

Posted by Yusuf Isa > 2019-04-12 11:32 | Report Abuse

This month we can focus on construction, property & O&G but next month can focus on technology.

DickyMe

14,898 posts

Posted by DickyMe > 2019-04-12 12:05 |

Post removed.Why?

Posted by Cheepheng87 > 2019-04-12 14:21 | Report Abuse

Ecrl confirmed. It's out.

Posted by birkincollector > 2019-04-13 10:10 | Report Abuse

guys...read latest The Edge...new investor will be announced next week ..faster buy

Posted by birkincollector > 2019-04-13 10:11 | Report Abuse

last time the rumours was placement at 20sen...

Posted by T800Terminator > 2019-04-13 12:40 | Report Abuse

So Monday will move to 0.15 and above before share placement out confirmation?

limen12

640 posts

Posted by limen12 > 2019-04-13 12:59 | Report Abuse

The Edge this week ?

freddiehero

16,722 posts

Posted by freddiehero > 2019-04-13 13:40 | Report Abuse

wont go up fast liao.. rest time

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