CAHYA MATA SARAWAK BHD

KLSE (MYR): CMSB (2852)

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Last Price

1.19

Today's Change

-0.02 (1.65%)

Day's Change

1.17 - 1.22

Trading Volume

10,154,500


14 people like this.

9,689 comment(s). Last comment by ValueMaker 2 hours ago

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-10-13 16:48 | Report Abuse

run now b4 price collapse

kmpg report fraud

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-10-13 17:00 | Report Abuse

u know read chart or not?????

i only see double top

gg

TedTock

926 posts

Posted by TedTock > 2021-10-13 17:02 | Report Abuse

Cool story bro

freddiehero

16,722 posts

Posted by freddiehero > 2021-10-13 17:03 | Report Abuse

haha... after 2.0 limit up gogogo

Posted by maggigoreng > 2021-10-13 17:12 | Report Abuse

cup complete, now handle. wont limit down la, dont dream

monetary

4,447 posts

Posted by monetary > 2021-10-13 17:14 | Report Abuse

Tomorrow will break the peak becomes higher peak. stay tuned.

Kishanrao

14 posts

Posted by Kishanrao > 2021-10-13 17:22 | Report Abuse

Best to keep or sell?

monetary

4,447 posts

Posted by monetary > 2021-10-13 17:26 | Report Abuse

all laggards construction stocks fly. cms will fly too.

Posted by maggigoreng > 2021-10-13 17:28 | Report Abuse

sell and buy back lower

monetary

4,447 posts

Posted by monetary > 2021-10-13 17:29 | Report Abuse

tomorrow u chase high. kikiki.....

wssvin

48 posts

Posted by wssvin > 2021-10-13 18:11 | Report Abuse

I have a feeling...Ansonliew will miss the boat,
anti-climate

awesome20

1,198 posts

Posted by awesome20 > 2021-10-13 18:35 | Report Abuse

rumor has it
high chance continue to test 1.90/2.00 level again

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-10-13 18:57 | Report Abuse

Qualities to be successful traders or investors.

1) knowledge
2) sensitivity towards market sentiment
3) capitals
4) guts
5) perseverance & patience
6) +ve "chi" or energy ( do not waste energy on unproductive things

Final:
Dare to admit lost(cut lost) when price goes against you expectation.

What my Xixi got, other than barking?

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-10-13 19:09 | Report Abuse

Great FORESIGHT too

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-10-14 00:38 | Report Abuse

Xixi qualities

1) maybe less than 1/2 pail water (in cantonese)
2) non
3)dog's food, not acceptable
4) female doggie, should have learn from miss jenny
5) just 3 market days already shown impatience
6) only - ve chi
7) foresight - non but skin thick like hippo. Market proved him wrong, still talkcock

monetary

4,447 posts

Posted by monetary > 2021-10-14 07:19 | Report Abuse

scib announced no frault is found by auditor. good market sentiment for Sarawak stocks.

Posted by Rosen Stella > 2021-10-14 07:50 | Report Abuse

Good big news coming real soon, go cmsb RM 3

RRWin89

503 posts

Posted by RRWin89 > 2021-10-14 08:01 | Report Abuse

weak break. friday morning, crash. hehe

monetary

4,447 posts

Posted by monetary > 2021-10-14 08:11 | Report Abuse

after budget 2022 I suspect there is some sell on news. but I think cms isn't over yet. state election soon.

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-10-14 08:45 | Report Abuse

yes ah

sure boh

betul kah

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-10-14 08:49 | Report Abuse

gg double top


hahahahaha

u all still dreaming

no hope

Posted by maggigoreng > 2021-10-14 11:09 | Report Abuse

tried telling you, but you think we're just barking, just sell and buy back lower

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-10-14 12:03 | Report Abuse

yes ah

betul kah

sure boh

hahahahahahaha

wssvin

48 posts

Posted by wssvin > 2021-10-14 15:57 | Report Abuse

Dear AnsonLiew, may i know what is gg double top
can any body help to explain? Thanks

tamp0i

912 posts

Posted by tamp0i > 2021-10-14 16:11 | Report Abuse

Sad truth is that Anson you trapped 2.3 previously then cutloss 1.5? Hahaha don't comment so much lah just buy now lah

monetary

4,447 posts

Posted by monetary > 2021-10-14 16:27 | Report Abuse

Yes ar

Betul!!!

Sui boh?

Kikiiki... Don't miss the boat, bro.

AnsonLiew

2,251 posts

Posted by AnsonLiew > 2021-10-14 16:45 | Report Abuse

aiya u dont know double mean ah

go google search

bearish chart lo

awesome20

1,198 posts

Posted by awesome20 > 2021-10-14 20:51 | Report Abuse

tomorrow would be a psychological day to test above 1.50

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-10-16 22:35 | Report Abuse

Anson,join the crowd

Posted by LogicTradingAnalysis > 2021-10-17 09:31 | Report Abuse

this week will shoot above RM 1.50

Targeted

2,604 posts

Posted by Targeted > 2021-10-18 08:38 | Report Abuse

Ready to R&R....

tamp0i

912 posts

Posted by tamp0i > 2021-10-18 09:33 | Report Abuse

To Anson: Sudah onboard or not? Hahahaha

Calvin882

1,562 posts

Posted by Calvin882 > 2021-10-18 09:33 | Report Abuse

Very very Nice..

monetary

4,447 posts

Posted by monetary > 2021-10-18 09:36 | Report Abuse

Walou! Tiu lor, Anson Liew. U just turn away God of fortune.

Posted by maggigoreng > 2021-10-18 09:39 | Report Abuse

didn't expect this honestly damn... reentered 3 cts lower lolll, expected a longer handle

tamp0i

912 posts

Posted by tamp0i > 2021-10-18 09:41 | Report Abuse

Don't miss the boat like last year mah same pattern mah buy 1.1 sell 2.2 mah... Hahaha Santa's present mah

treasurehunt

1,884 posts

Posted by treasurehunt > 2021-10-18 09:49 | Report Abuse

Not bad this morning. KPMG report will be the good news to CMSB. I come here to hardsell again. Hahaha

Calvin882

1,562 posts

Posted by Calvin882 > 2021-10-18 09:53 | Report Abuse

Looking forward to positive report from KPMG coupled with Sarawak election.

Target1

139 posts

Posted by Target1 > 2021-10-18 09:53 | Report Abuse

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

imvu

7,888 posts

Posted by imvu > 2021-10-18 09:55 | Report Abuse

minggu ni 1.600 ?

Calvin882

1,562 posts

Posted by Calvin882 > 2021-10-18 09:57 | Report Abuse

If everything goes well, exceed RM2 is not an issue by end of the year.

Jenny

522 posts

Posted by Jenny > 2021-10-18 10:24 | Report Abuse

终于突破RM1.4了。短期看涨!

treasurehunt

1,884 posts

Posted by treasurehunt > 2021-10-18 10:29 | Report Abuse

CMSB is currently traded at forward PER 8x...another piece of hardsell again. Hahaha

CMSB operation results half Year 2021
41.5m - Cements
2.7m - Trading
4.5m - Road maintenance
11.3m - Property Development
-11.1m - Phosphate (included forex loss RM 9.2m in USD borrowing)
0.7m - Strategic Investment

14.7m - Share Profit of Associate ( KKB & Kenaga )
33.4m - Share Profit of Associate (Sacofa )
13.2m - Share Profit of Associate ( OMM )
12.7m - Share Profit of JV (SEDC & PPES & etc)

monetary

4,447 posts

Posted by monetary > 2021-10-18 11:01 | Report Abuse

1.47! Anson Liew. 你上車mou?

treasurehunt

1,884 posts

Posted by treasurehunt > 2021-10-18 11:01 | Report Abuse

There are few one-off impairment in CMSB in year 2020. The owner doesn't feel comfortable with it.

1.The Group also recognised an impairment loss of RM51,753,000 (2019: Nil) on the
construction in progress in relation to phase 2 of an integrated phosphate complex project
during the financial year.

2. CMSB booked heavy losses in Associate, OM Materials, for year 2020 is due to one off subscription of ICPS.
Exercise of call option on Excess Irredeemable Convertible Preference Shares (“ICPS”)
In 2018, pursuant to the Share Subscription Agreement with OM Materials (Sarawak) Sdn. Bhd. (“OM Sarawak”), OM Materials
(S) Pte. Ltd. (“OM Singapore”) exercised its option to call upon the non-controlling interest shareholder of OM Sarawak to sell
66,309,700 units of Excess ICPS in OM Sarawak to OM Singapore for a total consideration of A$25,040,000.

3.The Division's PBT was also affected by Samalaju Hotel
Management Sdn. Bhd.'s impairment on property, plant & equipment and Samalaju Properties
Sdn. Bhd.'s project costs written off amounting to RM11.26 million and 5.19 million respectively.

4.
Software implementation cost written off The Group entered into a contract for the procurement and implementation of an Enterprise Resource Planning (“ERP”) system with a vendor on 24 July 2019 for an amount of USD3.0 million (approximately RM12.4 million). Up to the reporting date, the Group has incurred RM7,244,541 in the implementation of the ERP system. However, the Group views that the vendor was in breach of the contract by failing to provide all the services and/or fulfill its obligations in relation to providing an ERP solution and system implementation. Consequently, a decision was made to stop proceeding with the implementation. As a result, the Group has written off the cost incurred for the implementation together with all direct expenses amounting to RM7,810,442 during the financial year ended 31 December 2020. Subsequently, on 27 January 2021, the Group received a letter of demand from the vendor for USD1,073,325 (approximately RM4.3 million) to be payable for various alleged work performed. These claims have not been provided for in the financial statements as Management views that these claims were not issued in accordance with the contract. Management, in consultation with their solicitors, is of the opinion that such demands are frivolous and the Group intends to contest such claims vigorously.

5. Impairment on Intangible assets RM 7.8 million

Posted by warrenchok90 > 2021-10-18 11:05 | Report Abuse

Can i know roughly you guys invested how much?? In this counter recently… i 100k

Posted by warrenchok90 > 2021-10-18 11:05 | Report Abuse

But sold early 1.4

thaui3

7 posts

Posted by thaui3 > 2021-10-18 11:30 | Report Abuse

sold at 1.4.... continue up up up

Posted by warrenchok90 > 2021-10-18 11:32 | Report Abuse

Always like that… sold then up rapidly hahaha is okay better than loss

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