SCOMIMR - Aiyoh I didn’t get what i wanted…

Written on October 25, 2009 – 7:47 pm | by Kampung Boy |

A couple of months back, I invested on Scomi Marine Berhad (SCOMIMR). To be exact i bought 3000 shares of SCOMIMR at RM 0.625 on June 9th 2009.

On October 22nd, 2009 i tried to average down my SCOMIMR and ordered 4500 shares at RM 0.585 in the morning trade but sadly i only managed to get 2800 shares after the morning trading session.

Argh… Didn’t get what i wanted for SCOMIMR. Nonetheless i have increased my stake of investment in SCOMIMR.

Current stake and price :-

3000 shares + 2800 shares = 5800 shares
Average Price = (3000×0.625 + 2800×0.585)/5800
= RM 0.606

Proof of my purchase of SCOMIMR is at the below attachment :-

The prospect of oil and gas industry is still bullish and i am confident the oil price will soar again to a higher leve. SCOMIMR is basically an oil and gas company with a good company track record.

Conclusion

I am looking forward to purchasing more of SCOMIMR and this time around i will not let this baby go away again.

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