SCIB survive for than 48 years but the trader bought its shares also has gone missing for years

Go join to Karim’s group of SCIB/Kpower/Serbadk, then you know the real story. SCIB might help them a bit but those at SCIB-WB already RIP

scib price was 53.5 yday closing, even it rebound from LD 23.5 and trade at 34c, it still a loss of -36% if you average was 53.5

those claim to buy 23.5 might also bought previous LD and still at loss

@joyvest, lol, as experience trader, im not interested in -ve earnings counter

all -ve earnings mostly are corporate scam

thats the reason why i can survive for more than 15 yrs in bursa

pump up to pump down, below 20c later, if you wanna play the game, timing must be good but nobody can get it right always

@hotstuff, i randomly posted my comment for a downtrend price but you can check at chb and carepls

both prediction i got it right, so dont ignore what is on the chart, TA always come first

i commented at chb at 0.69-0.70 and now chb price is 0.625

i also posted at careplas when the price at 0.43, now the price is 0.365

you can check at both forum for the truth

why i said scib will be below 20c later? bcoz the chart already tell the direction

you may think current price is cheap at 28c, i tell you right now, it will go below 20c later

from that point, it might go down even much lower

@joyvest, my remarks are not from myself, it has been there even before i live, those method and quotes are from trading legends

mike minervini is one of my fav

@Joyvest, if you keep on using fundamental talks to trade, you wont able to survive this fight, you will keep losing money and end up quit and realize stock market was not meant for you

please seek an expert, learn TA, start with candlesticks

Facts, FA are good but TA always come first

the fair comparison between SCIB vs Scable PN17 is both are goreng counters

sometimes when “we” as an older generation of traders come to commenting something in forum, some new trader wont able to accept it, this all bcoz of ego

they think we want to mock them of the mistake they have done but actually we just want to give a real check on trade method and understand how market is being manipulated

JAKS was above rm1.80 at one time but you cant see from the chart, if you really know the background you should able to explain

new trader wont able to answer this

@Joyvest may face @NotsoJoy this year 😅

SCIB real value is below 12c, as long as it above 12c for me is over value

@joyvest, what the heck about JAKS, if you dont know JAKS n KYY story better dont pick this topic, it will make you a real beginner

for 10 yrs of trade, i see many trader who cant accept the fact that he had make a trade mistake but still being optimistic and hold

and they keep repeating the same mistake again and again until they realize it was really a mistake and they should learn from it

but by the time he realized, the loss are already too big and difficult to recover

how i know this??? bcoz i was there 8 yrs ago

in trading, fundamental is like a paintings, even its very nice, doesnt mean many people wanna buy

paintings only value when many people wanna buy it higher than its actual worth

but when it comes to bad paintings where suddenly the price goes up, you know that the value was not on the paintings but more to the “people” speculating the paintings value for you to chase

the most mistake traders have been doing and repeating all the time always is “never cut loss small”

the other big mistake is never “trade what you see” which means TA always come first.

margin players exit with profit, genuine investors stuck at top for years to come and retired with underwear

operator exit and you collect, nice strategy 😂

cheap can be cheaper, bursa has drop earlier than US indexes which now at peak, imagine tomorrow or next week US indexes fall big?

expert buy upon reversal trend confirmation not during the fall down

@joybest, the evidence is on the TA chart and the FA

Stock: [SCIB]: SARAWAK CONSOLIDATED IND BHD

2 hours ago | Report Abuse

There is no evidence to suggest that counters never experience LD are good counters....

buy rubbish then expect get gold return?

learn from the expert before trade, it will save you from big loss

widad = we dead to those new to bursa

@adikkici, you just new to stock market eh? all those going up high never ending mostly -ve earnings counter, those all fintech brothers and sisters, no experience join in sure dead if dont know how to get out

playing with scam counter and dont know how to play the game = die

wise move sold at 0.69 and now drop to 0.60, this is how we trade, thats the difference experience trader and newbie

market creates panic and more people will sell when support break, low become lower, wait for signal before jump in, im looking retrace to near 50c now

manage to dispose all at 0.69
waiting at 0.625, then 0.605
for 2nd round ride

change mind due to tomorrow thurdays US CPI data will be out, expect CPI will not go down anytime soon, so market will kompang that rate will have to stay for longer time, US market already ATH need some break, bursa already break 1,500 pts also need to rehat, short traders will sell to lock
profit, when more people sell, price will drop further

sold my position and wait until buy signal coming

all the best

told ya to get out when 43.5c, now 40.5c, next week below 40c, if you average down loss become bigger

chart already tell to get out, trade what you see not what you think

last week closing price 32c, if your buying price above than 32c, DO NOT AVERAGE DOWN, much more safer to cut loss as min possible and wait until buy signal coming back (of course not too soon)

44m vol with strong sell signal, operator already out for CNY money, possibly drop till 27-25c, if you already profit better set stop loss as the next couple weeks might remain weak

why you all chase glove counter that already sold more than half of its gloves biz

even covid very high last month, those infected 95% has minor sickness, just normal fever and will recover the next few days

better out before get stuck at high for another few months

now 1.65, chart and sentiment wise very very possible to meet 1.80 soon

hold tight

vol has come and perdana father got new contract from petronas and extension from mubadala

hold tight, once 21c break, will up all the way to 0.24-0.25

last year early jan till early feb bursa was bullish, so if based on last year trend, we can ride profit until end jan’24

still got 1 mth to trade this stock, get out before qr

70c next week

no need to trade this counter, just hold till next year, pe single digits, order book 400m and data centre is the new tech play

based on latest qr eps 1.67, if can maintain 1.20~.1.70 next 2-3 qr, this counter worth to hold

since that required another 9 mths to tell, just ride the trend until it bends

short TP 0.70 not a problem, im looking more than that if market good next Jan, probably can go to 0.80~1.00 range

have 100k units, lower subs compare to critical possibility bcoz market still prefer tech relate than construction relate, PAT at the lower side but electrical theme might help a bit along with mnhldg good qr performance

TP 35c seems not impossible pe around 19 based on FY22 eps 1.8c, if latest Q3 release with better profit than we might see higher valuation

all the best

as long as you hold, they will continue selling, once y'all cut losses, they will buy back the shares, give esos and bonuses, later pump back for you to buy higher

its not easy to make big profit from aesthetic business, need years to earn couple million, dealing with stock market and ipo's can make few millions in just months, then can retired, no need to cut people face anymore, life is beautiful

goes down bcoz stock already rally before qr, its the best time to sell for swing trader

wait until selling cool down, once buying comes in, then only enter

price now on recess mode, selling cool down but still big vol

1st batch collect 0.225, if go down more ready for 2nd collect, if drop more and break support, cut loss and move on

0.40 support broken, new low 0.385, i dont think it will recover soon

btw, i have no interest and have no shares, just sharing my thought on corporate scam, all the best to y’ll

@lotuseater, the price movement already told you how traders react and somehow i find you are too naive in capital market, i explain why..

when company goes public, as shareholders and directors you only entitle for salary, allowance and remuneration, plus bonuses o dividend, this to be earned on montly or yearly basis

but by buying other company over its core values asset, you can deal backdoor money, lets say extra 10m out of this deal and this money will directly go to his pocket

in this world, no one would like to share his business unless that business can make him richer faster

LOL, you are newbie, you comment like asking why sapura kencana become sapura energy or umw-og becomes velesto, pls learn more

this counter been pushed up from 8c, those bought back then already sit 200% profit, the best time to sell is when good news out, more people chase so can can sell many more

if you want to buy, wait until selling exhausted

this is how corporate white collar launder money, get capital from public and use money to buy over valuation company and later collect the overpaid value from backdoor deal

70m price for 2 clinics for me way to much, each clinic cost 35m, one should go and study i-bella financial statement to justify this purchase

you should hold when :-
1) fund collecting
2) oil price is uptrending
3) vessel charter rate at high

if next qr remain profit and oil price remain bullish, we might see 30-40c range in Nov’23