of coz la RI must be cheaper than the existing mother shares, coz after the exercise..price will drop also coz number of shares increase. based on previous exp..sometimes not worth to subscribe if the sentiment is not good..can buy in the open olso
QR is out, it's still negative but they have reduced their losses by a significant amount. If you have holding power, this would be a great counter to get in.
The annual loss wash huge, the RI, new investing fund also can’t help fill the hole, scomi have to first increase their revenue else $ raised are just throwing into another hole...
With such a not encouraging report, I wonder why would IJM, SAL, MBB still have faith. Did not mention anything about prasarana 310M, receivership also
Smaller losses compared to 1 year before if we compare Q1'19 (-4.02sen) vs Q1'18 (-14.59sen). And YTD also showing smaller losses. Why everyone so negative? Just mean they have istop the bleeding, better cost control and moving forward they will try to win business. I see it as a good turnaround. Unless I am missing something, please point it out thanks.
Because these people are idiots who are here just to talk shit. They think they know better than IJM, SAL and even Maybank. I'm surprised they don't just get a job there instead of talking shit in this forum pretending like they are geniuses.
Well... my only hope was everyone make money out of stock market, nothing personal, just sharing and discuss. Certainly investor boosting in a company was a good sign, but there not much been shared other than just few name, an amount of $ which not enuf to cover debt..
Anyone know if the plant in Rawang where fabrication and assembly of the monorail trains is still up and running ? If the plant is shut down, where is Scomi Engineering doing all the work to fulfill the recent agreement with Pasaranan ? Hope someone can shed some light on this.
Transport Minister doing spot check at Scomi’s plant to ensure repair works for the monorail trains are according to schedule and he was satisfied with the progress so far
Wow, that's good news. No wonder IJM and new investor confident of the future of Scomi in turnaround by new management. Now just need them to win more projects.
It is perturbed and unprofessional that Scomi did not even announce whether the conditions precedent of the Settlement Agreement have been fulfilled, though it now appears that they must have been fulfilled, as the non-fulfillment of conditions precedent will render the entire Settlement Agreement null and void, which is very crucial to be announced but no announcement is ever made by Scomi. But I share the joy with all of you that RM181 million is now in the pocket of Scomi. With more new monorail projects to come, I believe Scomi is sound in being revived. At least PN17 has become IMPOSSIBLE by now.
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Ron90
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Posted by Ron90 > 2019-05-30 08:31 | Report Abuse
of coz la RI must be cheaper than the existing mother shares, coz after the exercise..price will drop also coz number of shares increase. based on previous exp..sometimes not worth to subscribe if the sentiment is not good..can buy in the open olso