Ini Yew Kin got many Askar. So many flags for people who could not agree with him. It is just unfair. The truth should come out somewhere in the argument here and it is up for the readers to decide. Why must flagging?? We should not be seen as arse kissers or kaki kipas.

Q3 31.12.2013 result to come out soon.

Universal Cable and Sarawak Cable.

Optimus2, what say you? Yew Yin is opening up.

Last financial year the Q4 was announced on 28th Feb 2013 and a dividen was also announced as below.

Company Name

SARAWAK CABLE BERHAD  

Description

RECOMMENDATION OF A FIRST AND FINAL SINGLE TIER DIVIDEND

Announcement Details/Table Section :

The Board of Directors of Sarawak Cable Berhad ("SCB") wishes to announce that the Board has on 28 February 2013 recommended a first and final single tier dividend of 2.5 sen per ordinary share of RM0.50 each, in respect of the financial year ended 31 December 2012, subject to approval by the shareholders at the forthcoming annual general meeting of SCB to be held at a later date.

The dates of entitlement and payment for the first and final single tier dividend will be announced at a later date.

Mas dont have to go that low to compete. Their specialty is in full service long haul airlines. Pelangi should take charge to compete with airasia.

Interesting note from AMMB in its Nov 2013 analysis.

-  We expect 4Q earnings to improve as Sarawak Cable would begin recognising revenue its 500kV backbone line job worth RM620mil. Works has already commenced last week.

Agreed. I will miss its superb hospitality if it really close shop. None other airlines that I know can serve better than MAS. Its cabin crew hospitality is the best.

Optimus2 know something?

How could Scable not benefit from the potential energy sector projects in Sarawak?? It has so so much potential.

ENERGY SECTOR IN SARAWAK
- MARKET OVERVIEW

Sarawak, with its abundant primary resources, can be developed for power generation, eg, oil, gas and coal. Hydropower represents the largest indigenous renewable energy resource in Malaysia, with a technically exploitable potential of 123,000 Gwh per annum, of which 70% lies in Sarawak's interior.

The Government has identified Sarawak as a centre for renewable energy and has launched the Sarawak Corridor for Renewable Energy (SCORE) to spearhead the growth of this sector.

Sarawak which has an energy output of 933 megawatt, plans to build 12 hydroelectric dams that will boost total generating capacity to 7,000 MW by 2020 a 600% increase.

Dams will be at Ulu Air, Metjawah, Belaga, Baleh, Belepeh and Linau Rivers.

The bakun Project, which will have a capacity of 2,400 megawatt and is worth RM21 billion including submarine cable.

Sarawak's energy output is currently 933 megawatt. Syarikat SESCO Berhad is responsible for the generation , transmission and distribution of electricity in the Satte of Sarawak in Malaysia.

SEB controls 68% of Sarawak's total installed capacity (both grid and non-grid) of 946.7 megawatts (MW), with the balance coming from the two independent power producers (IPPs), ie, Sejingkat and SPG.

SEB set to become a major power player if Sarawak can transmit electricity to neighbours like Indonesia, Singapore and West Malaysia.

By the year 2050, it is estimated that renewable energy will make up 50% of energy consumption.

or Q4 result due to be out by next month will tickle SCable share??

Baligals still not dancing?? but price real good for entry point.

Gong xi fatt cai to all kaki celebrating here.

Aiyo! Kaunter minyak pun spilling blood.....

See how resilience SCable tomorrow with pessimism lingering.

Baligals overdue??

Does the story of Zhulian relates to story of gold?? Zhulian is well known for its direct selling of gold coated accessories or jeweleries. Gold price came down a lot during 2013. I heard people invested in gold through exchanges overseas experienced its investment value dropped by one third!And the gold bullion price is expected to come down further this 2014 year with the anticipated strengthening of US currency. Could all these stories drive down demand of gold coated products and people go for authentic real gold instead???

The price traces back. Suddenly the volume disappeared. Time to bottom fishing.

Go PW Go!

Ben Afleck, bila mahu berlakon lagi???

Goreng hangus

CNY sale started.

0.575 now. Still good price to come in but volume is an issue.

It broke the 1.60 block but now tracing down. Buying momentum keep coming in to push back the price. Tug of war game now. Brave contra player like this game.

Affin stated the TP of MRCB is RM2.37 and believes the group is trading far below fair value. Affin said MRCB has approved the sale of its 30% stake in the Duta-Ulu Kelang Expressway (DUKE) to Ekovest for RM230mil cash.

“The report further added that the transaction is expected to be completed by the end of this month, with a few more “monetising” deals expected to take place in the next couple of weeks,” it said.

Interesting period for MRCB and cash coming into its kitty to fuel future big project???

SUBCONTRACT AGREEMENT FOR THE MANUFACTURE AND SUPPLY OF PRECAST STEEL FIBER REINFORCED CONCRETE TUNNEL LINING SEGMENTS OF ABU HAMOUR (MUSAIMEER) SURFACE AND GROUND WATER DRAINAGE TUNNEL – PHASE 1 IN DOHA, STATE OF QATAR.

Though relatively small value of RM40m, the most important is its presence in Qatar market. If they execute the job well, it is a huge prospect. it is about building up resume. FIFA Worldcup Qatar 2022 is on the horizon. Qatar needs to invest heavily on its infrastructures.

high risk high return.

Somewhere over the rainbow, there's blue sky ..........

Potential early beneficiary of RRIL projects ??? invest in huge potential.

Together we view this TRC tomorrow.

good show again by MRCB today. block at 1.55 smashed today and the next block is 1.60. Another jolly good show tomorrow?? Something is brewing and brewing delicious smell.

Good counter.

Fly TRC!

2.20 TP. That is short term TP.

1.54 with strong buying order. If block at 1.55 breaks, good chance the horse stampedes beyond a 1.60 today.

As has been anticipated, Deftech will start recognising earnings this year from its RM7.55 billion 8x8 wheeled Armoured-Vehicle (AV8) project.

Watching for another good show by MRCB tomorrow?

JCool, you make my day :)

Okay, it touches 1.50 but a block there. The good thing buyers keep coming in to support at 1.49. Will it close at 1.50 today?

I am not sure why this company is missing the future prospect and not moving. May be FA sifu can update us here. Or is it too early to jump in?? If I could recall, its manufacturing facility is in Serendah which is well within play with the RRI sentiment. High potential to be the early beneficial as infrastructures will be among the earliest investments.
MTD ACPI is an investment company engaged in the construction of mountain roads, highways, bridges, and highway maintenance. It also builds precast concrete products for infrastructure projects with vast experience local and international.

Cannot imagine MRCB not to benefited by RRI sentiment. The question is by how much?

Tickling 1.49 pulak MRCB.wonderful moves today.

Thanks Jcjy. Market a bit dull today but MRCB tickling 1.44 this morning.

Cms is China Malaysia SCableSinohydro. What a powerful combination!

It will be teasing 2.80 today and sail above later.

Looking for the day when SCable starts marching again towards 2.33. The following is news cut from Borneopost and based on AmResearch, the contribution should start flowing in 4Q to be closed pretty soon.

LARGE CONTRIBUTION: For the third quarter period, Sarawak Cable in a statement to Bursa Malaysia saw sales of power cables and conductors segment contributing 40 per cent of the group’s revenue.

KUCHING: Sarawak Cable Bhd (Sarawak Cable) saw a dip in earnings for the nine months for financial year 2013 (9MFY13) of RM1.3 million – down 73 per cent from RM4.9 million seen a year earlier – due to slow recognition of ongoing projects and weaker demand for galvanised steel products during the period.

This was partly offset by improved margins and better cost management for its power cable and conductor segment, highlighted AmResearch Sdn Bhd (AmResearch) yesterday, which saw earnings before interest and tax (EBIT) margins improving to seven per cent from two per cent a year earlier.

“However, there was also an exceptional loss RM0.5 million during the third quarter of financial year 2013 (3QFY13) due to the amortisation of intangible assets,” it added.

“Adding the earlier amortisation of RM1.9 million in the preceding quarter, 9MFY13 core earnings would be at RM3.8 million.”

The amortisation, the research firm said, is related to projects with contract revenue that were acquired following its acquisition of Trenergy Infrastructure Sdn Bhd that was completed last year.

“Nevertheless, management guided that these should be one-off and should not be recognised further in 4QFY13.”

For the third quarter period, Sarawak Cable in a statement to Bursa Malaysia saw sales of power cables and conductors segment contributing 40 per cent of the group’s revenue.

“Although segment revenue of RM 57.9 million for the period decreased compared to RM71.6 million for the corresponding quarter in 2012 (3QFY12), the segment profit of RM3.8 million for 3QFY13 has improved when compared to 3QFY12 thanks to improved gross profit margin and better cost management,” Sarawak Cable added.

Meanwhile, the group’s galvanised steel products and transmission tower division saw revenue of RM 17.3 million for 3QFY13 declining compared to RM51.5 million in 3QFY12.

“Market demand for products under this segment has been relatively weak in the nine months ended September 30, 2013. However, the group is confident and remains positive that demand for galvanised steel products and transmission tower will improve,” it explained.

Looking at Sarawak Cable’s contract revenue portion, it noted that segment revenue of RM77.3 million decreased when compared to RM77.9 million for 3QFY12.

Segment results for third quarter of 2013 have declined mainly due to slow progress of current on-going contracts in the cumulative third quarter of 2013 and partly due to amortisation of intangible assets (construction contracts) of RM 2.4 million.

Nevertheless, the group remains positive that performance for this segment will continue to improve with the Group’s development plans for the power transmission industry, which includes expanding market coverage from the Sarawak to Peninsular Malaysia and Sabah.

With this in mind, AmResearch expected 4Q earnings to improve as Sarawak Cable would begin recognising revenue its 500kV backbone line job worth RM620 million with works commencing last week.

“According to channel checks, Sarawak Cable is expected to secure more transmission jobs in the state. Other potential jobs in the mid-term include the Tanjung Manis-Bintulu and Mambong-Kalimantan lines worth about RM400 million,” it added.

“In our visit to Sarawak last week, we learned that Baram (1,200MW) and Balleh (1,300MW) dams are currently in the final feasibility stages while the Balingan coal-fired plant (600MW) is expected to be awarded by year-end.

Sarawak Cable will be the main contender to link the new plants to the power grid.

“We also understand that there are plans for a 2nd phase of the 500kV line, and another two 275kV lines to link up the various growth nodes within SCORE.”

Despite the short-term hiccups, AmResearch continued to like Sarawak Cable as it is the only integrated power cable and transmission player in the state that will play a crucial role in powering up SCORE and Sarawak.

Selling well absorbed. It will scale higher with support around current price.

Wokey, HLG puts TP at 2.06. With the current sentiment on RRI, it looks possible.

Can any FA guys help to answer my above query? TQ fellows in advance.

Is MRCB linked somehow to KWSP??? And RRI land in Sg Buloh that so hot now ???