Posted by KC Loh > 2012-07-15 13:30 | Report Abuse

I believe Scomi has hit rock bottom in term of pricing This is confirmed when they are issuing esos at 19-Sen. With a slew of projects already won and tendering more, it only looks like upward tendency possible. Downside is, it doesnt have good earnings and dividend and some believe that this stock is a dump after mahathir-najib faction came back in power. Najib himself has probably thawed in him icy stance against scomi with recent award of KL projects and announcement that scomi is a world class company. This is for those still looking for good penny stocks to enter. And more important, this is just my suggestion only. Those who wants direct exposure, get into scomien. I am holding position at these stocks so be at your own discretion.