Bankers are the culprit of this saga cos they pull the credit line , causing avalanches on agenda... they are real sxxkers

Going to 0.40 soon .....

You cut loss at 0.235 but now 0.30.... with solid hard cash support from behind.

I have already reiterated many times. if you get it , you get it otherwise you continue to live in the box

From the way it goes, it wont but climbing up gradually......

Nevermind, you continue to use what you think is right... I am not rigid and live with an open mind and go beyond....

LD is not expected today cos Margin players and running chicken heads all have been flushed . Those with only hard cash can buy the shares now thus making the price stable and spiking

It is a matter of time to rebound to where it belongs............... I will be back meanwhile i am bargain hunting.... cheers

You are only talking for yourself only . you cant talk on behalf of me. I am not prejudiced against FA, TA etc. What I have been saying there are other factors which need to considered as well.

Money comes and goes fast and furious. If you cant stand the heat in the kitchen, then get the fxxking out of it immediately

No more LD today, Margin players and running chicken heads all have been flushed . Those with only hard cash can buy the shares now. Thats why CASH is king

No ego, it is a matter of objective view without prejudice . Wanna know more of the facts , go to JAKS forum

Jaks is the thing of the past. The share price is expected to remain stagnant if not below 0.17 by the end of this year 2024

SCABLE is a PN 17 company which can be traded at 21sen, there is no reason to believe that SCIB can be traded below 21sen.

Face the reality of JAKS and dont keep living under the shadow of past and/or stop being delusional.

No incurrence of " real loss " , no cause of concern.

Go to JAKS there to see my postings , which are all factual .

Why ? you are talking as if you got stuck with JAKS? my mention of JAKS is getting on your nerve ? otherwise why are you making a big fuss of it ?

The compulsory " hard cash" dealing is to prevent SCIB from slipping down further on agenda.

You cant buy SCIB now if you dont have dont have " hard cash " . Credit line and margin line are no longer allowed. so the next LD is almost impossible. it can only go up from now.

nice painting or bad painting is not important. what is important is the painter himself/herself.

If the painter is famous, whatever he paints is sellable be it nice or not . Likewise, it is all to do with management. If the company is well managed ,then it flies to the moon and vice versa. if the management is hanky panky like SD, it is destined to be doomed.

Just look at JAKS, it looks good but lousy in share price,even lower than that of SCIB now . Why ? the Management is dodgy , thats the reason

It wont happen cos it is hard cash transaction , no credit line or margin line now


Eagle77
Today buy next week die 🤣🐊

As long as you have hard cash, it is a sure win counter

Cash only to buy to ensure no recurrence of downfalls. Apparently, it is clear that the recent downfalls is due to margin calls

No Cash No Buy.....

The support is from hard cash, not credit line. Only investors with hard cash can buy now

Now the company has to prove its worth with fundamentals form now so that the share price is reflected of its worth

i think the support comes from BURSA Berhad itself. They are collecting cheap and it is a surewin for them

Yer, flushing out the margin players .what is left is genuine investors ....

once in the life time ...collecting ...................

buying is overwhelming now

force selling and flushing is in progress by IB.

SC internal adjustment

KUALA LUMPUR: Bursa Malaysia Securities Bhd has frozen the lower limit of share prices for Rapid Synergy Bhd, Sarawak Consolidated Industries Bhd (SCIB), and YNH Property Bhd, citing a significant decline in their share value.

This action was taken as these stocks were consistently trading at static lower limits over two consecutive trading days.


Bursa Malaysia has established the minimum share prices for Rapid Synergy, YNH Property, and SCIB at RM3.96, RM1.22, and 53.5 sen, respectively.

lies or not lies , see for yourself

When you are in trouble,the banks will close their umbrellas and vice versa. That's why we call the banks " suxkers" .it truly suxks.

The IB will sell the portfolio of margin players if they don't settle by cash ( assuming their SCIB shares can not change hand at 0.535 on due date)

Nope...margin player need to settle by cash if their shares are not changed hand at 0.535.

Mind you that SC has frozen the lower limit for only 3 companies ie Rapid Synergy Bhd, Sarawak Consolidated Industries Bhd (SCIB), and YNH Property Bhd.

Why 3 compsnies and What does it mean/indicate?

SC is of the view that these 3 companies are still fundamentally sound and they should not be victimised and undermined.

Cheers

Lower limit has been frozen by SC .LD is not allowed

Basically,no more cheap sales

Given that the lower limit has been frozen by SC,the margin players are now required to regularise / settle their margin calls by cash if their shares can not change hands....oh dear oh dear

It is reported that Artroniq Bhd is investigating the factors contributing to the recent share price volatility after hitting limit-down two days in a row. It also emphasised that its business operations remain unaffected and that its strategic initiatives in key sectors are advancing as planned. Artroniq probes share price volatility after hitting limit-down for two days.

SCIB has yet to declare that they are to conduct investigations in the same manner as Artoniq.SCIB should do the same instead of saying they are unaware of anything unusual.WTF

Lower limit has been frozen....that's why I say why you are worried. You are over reacting. The company is not on the verge of being pn 17 or delisted,not in a million years....

It is learnt that sarawak government has shareholding in SCIB.

https://www.nst.com.my/business/corporate/2024/01/1002675/bursa-malaysia-freezes-share-price-lower-limit-rapid-synergy-scib

https://klse.i3investor.com/web/blog/detail/Abidin/2024-01-17-story-h-210409670-SCIB_Addresses_Market_Speculations_Reinforces_Ongoing_Business_Stabilit

Why are you so upset about ? The co is not on the verge of being PN 17 and or delisted tmr but returning to profitability with future expected growth.

https://klse.i3investor.com/web/blog/detail/analyst2024/2024-01-18-story-h-190361233-Market_Analysis_and_Recommendation_Recent_Developments_in_HLCAP_IMASPRO

Let's look at the bright side of it.since they are common in 4 companies,they can extend supports to one another in good faith for the benefits of all investors. It could be a good thing but they can be up to no good also like in this scenario as you mention

If you look at how they responded to the UMA ,they just simply said they were not aware of anything.WTF,they could have sought from the own sources to ascertain who was behind the execution of IDSS and or RDS to sabotage the companies on agenda.