oh Alam Maritim looks delicious!

requote the AmResearch research paper posted by mr remisier on yesterday,

"... As such, we continue to be positive on the oil & gas sector and reaffirm our OVERWEIGHT call on the sector with top picks being Kencana Petroleum and SapuraCrest Petroleum. We also like Boustead Heavy Industries Corp, Coastal Contracts, Alam, Tanjung, KNM Group, Dialog and Wah Seong Corp as well. Our HOLDs are Petronas Gas, Scomi Group and Sealink International..."

macam "bao" all O&G stock sector liao

Alam fair value set at 2.85 by AmResearch.

V shape recovery today for klse?

No worry, after I buy it will shoot up. I buy to make profit what...

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Added on November 13, 2009, 11:23 am
Aiyah, must go to school to take report card, chao liao.

See you guys later...

Huat ah...

Let see which of my q matched.





This post has been edited by protonw: Nov 13 2009, 11:23 AM

Subject : SCOMI - NOTICE OF RIGHTS ENTITLEMENT

Contents : RENOUNCEABLE RIGHTS ISSUE OF UP TO RM164,863,605 NOMINAL VALUE OF THREE (3)-YEAR 4% IRREDEEMABLE CONVERTIBLE SECURED LOAN STOCKS (“ICSLS”) AT 100% OF ITS NOMINAL VALUE TOGETHER WITH UP TO 219,818,140 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF FIFTEEN (15) RM0.10 NOMINAL VALUE OF ICSLS TOGETHER WITH TWO (2) FREE WARRANTS FOR EVERY TEN (10) ORDINARY SHARES OF RM0.10 EACH IN SGB Group Bhd ("SGB") HELD AT 5.00 P.M. ON 16 NOVEMBER 2009 ("RIGHTS ISSUE").

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
as from : [ 12 November 2009 ]

2) The last date of lodgement : [ 16 November 2009 ]

3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

a) Selling Broker to deduct [ 15/25 ] , of the Selling Price against the Selling Client.

b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.

c) Between Broker and Broker, the deduction of [ 15/25 ] of the Transacted Price is applicable.


Do i still entitled to the rights? I don't really how rights work!
All sifu mind to explain this scomi rights issue? Thanks!

OMG,You mean you believe what they said totally?

It's about time the O&G counters started moving again....most have been constipated for months now...
...need a good dose of ENOS....

what a happy mummy

Any reason why Hold for Sealink???

good question, but i do not know, like i say, the stock pick macam "bao" all the O&G stock list liao!

Seems like you don't "trust" your "friends".

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Added on November 13, 2009, 11:31 amI'm thinking of swapping 1/2 of my Latexx to Supermx, then either one up I also happy. Any comment guys?
At least I maintain the same capital in Gloves industries instead of increasing it...

This post has been edited by chyaw: Nov 13 2009, 11:31 AM

Good. Let Supermax hold or drop more.

My previous audit experience taught me to verify,not take things at face value,even it comes from the same firm.

Maxis will be included in CI, MAS give way for it.

then CI can fly higher

Wish the guys who audited OILCRAP had had the same professional standards......

say hello to 1300

Easier to <ahem> 'influence'......

Heard a news said the private placement for instituition is very low, most of the placement gave to government fund.
If applied 500 lot through instituition offer, will only got 10 lot, so less

Its mean first day facing heavy selling pressure from those gov fund?

Maybe it is a good idea for them to dump on the first day as Maxis only includes in CI on the second day?
Spent some money (few million) to boost CI