Posted by Scorse > 2019-12-03 19:34 | Report Abuse

Wait for more!

Posted by i3lurker > 2019-12-04 07:45 | Report Abuse

I have high regard for BURSA listing officers
BURSA selected them carefully,
good Human Resource department screened properly at door
they are professional, friendly, experts, well educated

Interpretation===> existing plan is NOT good enough, profitability still an issue

if buy now may be stuck some time until more revenue is earned.
You are putting money into unproductive assets.

if buy now, even though low price coz nobody else want to buy.
There is no guarantee you will make money.
Essentially gambling

REPEAT You are putting money into unproductive assets.

I am not telling you to buy or not to buy, to sell or not to sell.

//Scomi said its application was rejected on Dec 2 as there are concerns on the sustainability and growth potential of the existing/remaining business and its ability to generate sufficient revenue and thus profitability. //

Posted by icecool > 2019-12-04 10:06 | Report Abuse

bye bye counter

Posted by whitesheep > 2019-12-04 23:08 | Report Abuse

after panic selling will back to 6cents

Posted by Shines > 2019-12-07 12:44 | Report Abuse

I think gone case

Posted by Cnlim > 2019-12-07 13:04 | Report Abuse

Not gone case wait for the consolidation exercise to complete first then can look at it

Posted by limen12 > 2019-12-07 18:21 | Report Abuse

gone case only if consolidation exercise fails

Posted by DawnRaider > 2019-12-19 19:27 | Report Abuse

Anyone got the latest news today on Scomi’s monthly announcement on the status of default in payment?

Posted by T800Terminator > 2019-12-19 20:34 | Report Abuse

Waiting at 0.015

Posted by lee_m2020 > 2019-12-20 18:54 | Report Abuse

Only Tun and Azmin and LGE can help SCOMI... !!

Posted by lee_m2020 > 2019-12-20 18:56 | Report Abuse

Shouldnt be an issue of cronism... just ask SCOMI a compulsory BUMI placement as done at BINACOM.. and all share holders would be very happy..

Posted by lee_m2020 > 2019-12-20 18:57 | Report Abuse

This counter reminds me of BRAHIMS. ;)))

Posted by thequalityguy > 2019-12-24 15:04 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/12/24/scomi-to-reorganise-its-monorail-business

Posted by lee_m2020 > 2019-12-30 16:53 | Report Abuse

POWER UPX3!!!

Posted by lee_m2020 > 2019-12-30 16:53 | Report Abuse

11% increase hahaha

Posted by lee_m2020 > 2019-12-30 16:54 | Report Abuse

i really trust SCOMI despite stuck below than 10 cent..

Posted by lee_m2020 > 2019-12-30 16:55 | Report Abuse

coz it is HARD AS ROCK BOTTOM baseline already!!!

Posted by lee_m2020 > 2019-12-30 16:55 | Report Abuse

and u hav nothing to lose..

Posted by lee_m2020 > 2019-12-30 17:04 | Report Abuse

"SPV 1, through STPKL, shall also acquire all assets and inventories relating to the monorail businesses from See Song Sons Sdn Bhd (SSSSB) at a price to be mutually agreed," it said.
On SPV 2, the company said it would be funded by the group and wholly-owned by SPV 1, to own the accounting and management information system, and all technologies and intellectual properties, relating to the monorail business.
"While SPV 3 to be funded by the group and wholly-owned by SPV 1 to own and manage the debts claimable and all rights arising from such debts in relation to the claims of the group in the monorail litigation claims," it said.

Posted by lee_m2020 > 2020-01-06 12:14 | Report Abuse

increase by 0.015 the volume is huge...

Posted by shaminv > 2020-01-06 14:00 | Report Abuse

Go go up

Posted by ikenduit > 2020-01-06 15:18 | Report Abuse

buy scomies better foundation

Posted by kong73 > 2020-01-10 12:05 | Report Abuse

Putrajaya monorail will be extended from Cyberjaya to Bangi and Kajang operational by 2025. Scomi will benefit?

Posted by limen12 > 2020-01-12 01:04 | Report Abuse

Potentially, if they manage to bid and secure a portion of the contract. Too early to say for now

Posted by Shines > 2020-01-13 13:31 | Report Abuse

1st thing 1st, get out of PN17

Posted by W0099 > 2020-01-14 17:50 | Report Abuse

T800 old man here :-)

Posted by eatsmall > 2020-01-17 17:02 | Report Abuse

close gap..

Posted by Shines > 2020-01-17 19:52 | Report Abuse

6 sen closing any tips

Posted by rsim03 > 2020-01-18 12:09 | Report Abuse

Just hold till next QR end of February 2020

Posted by Legend > 2020-01-20 10:21 | Report Abuse

Trap ikan bilis kaw2..!!!

Posted by tkl88 > 2020-01-20 12:45 | Report Abuse

What happend ? Why suddenly plunged till 0.045 (-0.015) (-25%)
Dropped -25%, quite a lot. Any news on this plunged ?

Posted by eatsmall > 2020-01-20 16:30 | Report Abuse

ni baru apam balik then terlingkup..

Posted by Legend > 2020-01-20 18:01 |

Post removed.Why?

Posted by eatsmall > 2020-01-21 14:34 | Report Abuse

nobody care..3x suspension @bottom deep..

Posted by andychay6124 > 2020-01-21 21:43 | Report Abuse

OMG. Tomorrow going down

Posted by Legend > 2020-01-21 23:00 | Report Abuse

Lonbisc in the making...

Posted by T800Terminator > 2020-01-21 23:14 | Report Abuse

0.015 also no want.....

Posted by sylvester89 > 2020-01-22 10:53 | Report Abuse

Just get some new news about inside the scomi company rumors say that the company it's about to shutting down soon - reason scomi it's in huge debts and scomi company unable to repay back the debts. I am selling my scomi before it become toilet roll share.

Posted by Ron90 > 2020-01-22 16:51 | Report Abuse

everything seems went wrong for this company...even though back by giant and prolific investor.. they should change the CEO instead..seems useless and very slow in everything !!

Posted by andychay6124 > 2020-01-22 17:05 | Report Abuse

Bank negara cut opr to 2.75%. Will it benefit to scomi?

Posted by chimchim > 2020-01-30 11:01 | Report Abuse

Cut to 10% also no use I guess... But I guess the resignation. Of incompetent sreesanthan may be one of the good restructuring processes

Posted by lee_m2020 > 2020-01-31 10:06 | Report Abuse

Type
Announcement
Subject
WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
Scomi Group Bhd (571212-A) ("SGB" or the "Company")
- Winding-up Petition against Scomi Engineering Bhd, a wholly-owned subsidiary of SGB
We refer to our announcement dated 19 November 2018.

The Company wishes to announce that the High Court of Malaya at Shah Alam (the "Court") has today approved the winding-up of the Company’s wholly-owned subsidiary, Scomi Engineering Bhd (“SEB”). In addition, the Court has appointed Mr Lim Tian Huat of Messrs Rodgers Reidy & Co., K-3A-09, No. 2 Jalan Solaris, Solaris Mont Kiara, 50480 Kuala Lumpur as the Liquidator of SEB with costs to be paid out of SEB’s assets.

The winding-up of SEB will not have any financial and/or operational impact on the Company for the financial year ending 30 June 2020. The assets and liabilities of SEB and its subsidiaries have been deconsolidated from SGB’s consolidated financial statement as at 30 June 2019.

No material loss is expected to arise from the winding-up of SEB.

The Company does not intend to contest the winding-up order on SEB.

This announcement is dated 30 January 2020.

Posted by lee_m2020 > 2020-01-31 10:06 | Report Abuse

SEB only....

Posted by lee_m2020 > 2020-02-04 12:28 | Report Abuse

ECRL is on... MONORAIL to come to cater in city suport!!!!!! BUY BUY BUY

Posted by limen12 > 2020-02-04 15:15 | Report Abuse

without the rights issue, Scomi Group is worthless. Wonder what is holding up their rights issue?

Posted by lee_m2020 > 2020-02-05 11:20 | Report Abuse

any good resons drop? director sell? usually director will need to sell if got gov project

Posted by DickyMe > 2020-02-05 11:20 |

Post removed.Why?

Posted by limen12 > 2020-02-05 15:27 | Report Abuse

why director need to sell if got govt project? what reason behind this? @lee_m2020

Posted by lee_m2020 > 2020-02-05 16:15 | Report Abuse

Not sure, but many counters suffered the same fate in the past for some reasons... but the price explode once announcement come!..
ECRL is connecting Kota Bharu tp Putrajaya to Port Klang.. I guess, the Gov need to introduce Monorail project in 1) Putrajaya and 2) Port Klang as a quick daily commute among workers in the areas. Just like the Bukit Bintang Monorail System.
http://www.mrl.com.my/en/
Works has started... It is not going to be reversed...

SCOMI!!!!!!

Posted by limen12 > 2020-02-05 21:36 | Report Abuse

@lee_m2020 have any info on what is delaying the rights issue? because without any rights issue, there is no hope for Scomi to tender for monorail project