ktte

ktte | Joined since 2013-08-16

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

15

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
15
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2014-10-10 11:19 | Report Abuse

PETALING JAYA: Sarawak Cable Bhd has won a 40-month contract worth RM493mil from Shanghai Electric Group Co Ltd, the main contractor of the Balingian coal-fired power plant in Sarawak.

In an announcement, the company said the contract for power island engineering, procurement and construction works, would start on Nov 28, 2014 and end on March 27, 2018.

“The project is expected to contribute positively to the earnings and net assets of Sarawak Cable Group for the financial years ending Dec 31, 2015, 2016, 2017 and 2018,” it said, adding that the contract sum was subject to final scope of work.

Based about 60 km from Mukah town, Sarawak, and 25 km from the existing two 135MW Mukah power station, the two 300MW Balingian coal-fired power plant project is one of Sarawak Energy’s new generation projects to generate inexpensive energy to customers of Sarawak Corridor of Renewable Energy (Score).





Concurrently, Sarawak Cable is finalising the terms and conditions of acquiring 100% in Universal Cable (M) Bhd and Leader Cable Industry Bhd for RM210mil from HNG Capital Sdn Bhd.

The parties have up to Monday to finalise the deal and sign a conditional share sale agreement.

According to AmResearch, the acquisitions would make Sarawak Cable the leading cable manufacturer in Malaysia and the only producer of 275kV underground cables in Asean.

The research house forecast Sarawak Cable’s revenue at RM382.7mil for financial year 2014 (FY14) and RM727.3mil for FY15.

The research unit has a “hold” call on the counter with a target price of RM1.60, without factoring in the proposed acquisitions.

Sarawak Cable was last done at RM1.40, with 1.4 million shares changing hands.

Stock

2014-10-09 10:50 | Report Abuse

Fasten your seat belt......ready for takeoff.................

Stock

2014-07-24 09:07 | Report Abuse

get ready,,,,,,,,,,,,,,coming

Stock

2013-09-24 15:43 | Report Abuse

seem is moving... slowly but surely....

Stock

2013-09-12 10:58 | Report Abuse

buy buy buy...going to goreng soon........insider infomation.........

Stock

2013-09-05 12:54 | Report Abuse

more juicy news are on the way.......

Stock

2013-09-05 11:13 | Report Abuse

Scable is a good buy now.. dont expect to fall below 1.80

Stock

2013-09-05 11:11 | Report Abuse

Totally agree with Iwalk comment.

Stock

2013-09-04 16:07 | Report Abuse

JCool....you are right.......price wont go below 1.80 after today....Best offer ends......

Stock

2013-09-04 16:04 | Report Abuse

PREDICTION........ share will rise if war started!! so dont worry too much on WAR!!!

Stock

2013-09-04 15:31 | Report Abuse

Note that the ex-date for the 1-for-5 bonus issue has been set for Sept 10 and the entitlement date is Sept 12.............TP 2.33.....

Stock

2013-08-27 16:43 | Report Abuse

dont panic,,,have confident in SC.. hold hold hold

Stock

2013-08-22 16:09 | Report Abuse

have confident in SC..

Stock

2013-08-21 11:12 | Report Abuse

BUY BUY BUY...

Stock

2013-08-16 11:52 | Report Abuse

crawler...what is benalac?