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.

9,688 comment(s). Last comment by sivapakiam311056 1 day ago

unomi12

342 posts

Posted by unomi12 > 2022-03-03 12:22 | Report Abuse

any sign of rebound? relatively is quite cheap at the moment.

Lee_CK

236 posts

Posted by Lee_CK > 2022-03-03 22:13 | Report Abuse

Kenanga has the potential to award the Digital Banking license this month.
CMSB will fright after that.

Calvin882

1,562 posts

Posted by Calvin882 > 2022-03-03 22:39 | Report Abuse

CMSB is not a counter for short term gain. But once it go up, it can easily gain few folds.

Posted by sivapakiam311056 > 2022-03-04 11:29 | Report Abuse

Already pasar malam price now

Lee_CK

236 posts

Posted by Lee_CK > 2022-03-04 20:17 | Report Abuse

Good News: You may refer to below link for the announce from Prime Minister.
https://www.orientaldaily.com.my/news/nation/2022/03/04/471740?source=lead

Lee_CK

236 posts

Posted by Lee_CK > 2022-03-04 20:24 | Report Abuse

Here is the news from The Edge: It is a good news to CMSB.
https://www.theedgemarkets.com/article/ismail-sabri-cabinet-agrees-go-ahead-mrt-3-improve-implementation-pan-borneo-highway-and

Cabinet gives nod for MRT3, to improve Pan Borneo Highway execution
March 04, 2022 16:02 pm +08
KUALA LUMPUR (March 4): The Cabinet has agreed to improve the execution of the Sabah and Sarawak Pan Borneo Highway, and to go ahead with the MRT3 Circle Line, Prime Minister Datuk Seri Ismail Sabri Yaakob said.

For Pan Borneo Sabah, the Cabinet agreed to continue the implementation of 19 additional work packages involving 367km across five years, Ismail Sabri said in a statement after the Cabinet meeting on Friday (March 4).

The government also agreed to undertake the Sarawak-Sabah Link Road (SSLR) and the Trans Borneo Highway Project.
?Priority will be given to local contractors, particularly bumiputera, to generate business and job opportunities for Keluarga Malaysia.

?This will spur growth and economic development, particularly the government?s objective to continue strengthening the economic sector and to generate 500,000 jobs this year,? Ismail Sabri said.

charlie chia

2,151 posts

Posted by charlie chia > 2022-03-04 20:45 | Report Abuse

Hope to stir up to rm1.50

unomi12

342 posts

Posted by unomi12 > 2022-03-07 09:41 | Report Abuse

Good price to collect. Cmsb pride of Sarawak

unomi12

342 posts

Posted by unomi12 > 2022-03-07 10:26 | Report Abuse

Taib family please show some support.

Posted by sivapakiam311056 > 2022-03-07 11:27 | Report Abuse

deliberate attempt to bring the price down even further

Posted by sivapakiam311056 > 2022-03-07 11:28 | Report Abuse

no meaning at all

unomi12

342 posts

Posted by unomi12 > 2022-03-07 16:20 | Report Abuse

Hopefully any of the substantial shareholder will support at the current price .

Posted by sivapakiam311056 > 2022-03-07 16:29 | Report Abuse

price manipulation to the core

kisord

69 posts

Posted by kisord > 2022-03-07 16:40 | Report Abuse

At this valuation, is there any pride left ?.

Posted by sivapakiam311056 > 2022-03-07 17:19 | Report Abuse

what pride left at this price, embarassment to the core, high time cmsb management should be answerable, not only to the stakeholders but also shareholders, they just cant keep quiet like this, its not a Sdn Bhd

Posted by tingpangeng > 2022-03-07 19:25 | Report Abuse

Pride? Disgrace for such a dismal performance. MD, a testimony of your incompetent. lol

unomi12

342 posts

Posted by unomi12 > 2022-03-08 14:46 | Report Abuse

chill guys, sarawak was given one of the highest state budget since last year.
A lot of project will be announced very soon, most likely CMSB will benefit from all this.

Besides their OM sarawak is a heavy gainer despite raw material prices is moving up.
Cement division will even make more money - increase in 10%
and also government focus to complete pan borneo which more funds will be incurred soon

Gizaa

178 posts

Posted by Gizaa > 2022-03-08 18:15 | Report Abuse

0.95

Posted by sivapakiam311056 > 2022-03-09 14:50 | Report Abuse

still the current price doesnt reflect the co s fundamentals, shareholders must bring this up in the AGM, N DIRECTORS OF THE CO SHOULDNT LET OFF SO EASILY

unomi12

342 posts

Posted by unomi12 > 2022-03-09 15:27 | Report Abuse

expect to close at 1.15 today, lets see what happen during the last min.
With the new announcement of opening the border, CMSB will benefit a lot.

Posted by sivapakiam311056 > 2022-03-09 16:09 | Report Abuse

lets wait n not be too ambitious

Posted by sivapakiam311056 > 2022-03-11 12:40 | Report Abuse

ALWAYS TENDENCY PRICE TO MOVE SOUTWARDS NOT FORWARD

Posted by lotsamoney > 2022-03-12 10:25 | Report Abuse

CMS to enter oil & gas by acquiring Scomi. Signing ceremony is next week

Posted by tingpangeng > 2022-03-12 11:13 | Report Abuse

Wow, true or false? If true will be good news, ready to serve Petroleum Sarawak ( PETROS)

charlie chia

2,151 posts

Posted by charlie chia > 2022-03-12 11:49 | Report Abuse

Scomi is PN17
If true doesn't benefit Cmsb only benefit Scomi due to exit from PN 17

Posted by lotsamoney > 2022-03-13 10:38 | Report Abuse

It is true. And you can see a number of CMS' key management has been absorbed from Scomi already. Now why would they specifically employ people from oil & gas (specifically Scomi) to head their management team? Only because they want to develop into an oil & gas player.

Posted by lotsamoney > 2022-03-13 10:41 | Report Abuse

And buying Scomi is the easiest way in for CMS.

Calvin882

1,562 posts

Posted by Calvin882 > 2022-03-13 21:47 | Report Abuse

Great move by CMSB

Posted by tingpangeng > 2022-03-14 15:04 | Report Abuse

CMSB acquiring PN17 Scomi, market not in favour of the dumb deal thus dump the shares of CMSB for making a fool decision ….lol

unomi12

342 posts

Posted by unomi12 > 2022-03-14 16:25 | Report Abuse

Where is the source for the acquiring ?

Posted by tingpangeng > 2022-03-14 16:53 | Report Abuse

From lotsamoney, lol

unomi12

342 posts

Posted by unomi12 > 2022-03-14 16:58 | Report Abuse

seems like a fake news, but so far confirm news is increase in 10% cement price, OM sarawak to increase production.
I believe many more to come, especially tender award for CMS soon.

Posted by tingpangeng > 2022-03-14 19:53 | Report Abuse

Yup ,this is a joker forum never take it seriously yea. lol

vllyk

63 posts

Posted by vllyk > 2022-03-16 08:16 | Report Abuse

https://www.theedgemarkets.com/article/cahya-mata-sarawak-appoints-mukhnizam-mahmud-acting-cfo

At least,they know that change is needed and to improve corporate governance.

Posted by tingpangeng > 2022-03-16 08:22 | Report Abuse

Just acting not confirmation ? Probably under probation , lol.

Needluck

514 posts

Posted by Needluck > 2022-03-17 11:32 | Report Abuse

this is a dead fish counter

Posted by lotsamoney > 2022-03-17 22:31 | Report Abuse

https://www.theedgemarkets.com/article/cahya-mata-sarawak-ventures-energy-market-acquisition-scomi-energys-oilfield-assets

It is confirmed. Looking good for CMS, they will monopolise drilling fluid and drilling waste management contracts in Sarawak oilfield.

Posted by kapkaplui > 2022-03-17 22:53 | Report Abuse

lotsamoney, you have proven i3 isnt always full of crap comment. Kudos, you got it right and I hope this will ignite the attention of IB on CMSB

Gn021

566 posts

Posted by Gn021 > 2022-03-18 01:04 | Report Abuse

Venturing into the energy sector

Brent oil price is $106 now, yes !

kisord

69 posts

Posted by kisord > 2022-03-18 10:00 | Report Abuse

This has to be one of the most promising companies in the KLSE for the next few years. Most of the crude oil deposits in Malaysia are located in Sarawak and now that Sarawak has mostly taken back its mineral rights from Petronas, it could mean huge business potential for local Sarawakian oil servicing companies instead of West Malaysian Malay owned companies. The local Sarawakian people finally has their own opportunities to benefit from their local resources. No wonder the MD came back on board last year. I just don't understand why its share price has been dropping to this low level. Few believers yet, perhaps.

stainlyho37

2,275 posts

Posted by stainlyho37 > 2022-03-18 10:39 | Report Abuse

just collect...i see the movement to be soon..chart start showing +ve way..

lawpc128

82 posts

Posted by lawpc128 > 2022-03-18 13:08 | Report Abuse

Oilfield services especially mud business which is scomi ,profit margin is low due to competition, lucky single digitv%. Make no difference if work is in Sarawak. If mud business n oilfield machining is good why scoimi bleeding? Very bad buy take over.

unomi12

342 posts

Posted by unomi12 > 2022-03-18 16:08 | Report Abuse

Good acquisition , especially oil price is moving up trend .

With the new development , foresee they will expand their revenue and growth.

Posted by tingpangeng > 2022-03-18 16:22 | Report Abuse

This PN17 acquisition reflected the business acumen of the MD, lol

unomi12

342 posts

Posted by unomi12 > 2022-03-18 16:23 | Report Abuse

Waaa from positive to negative . Where is the support ?

Posted by sivapakiam311056 > 2022-03-18 16:29 | Report Abuse

market still not v receptive on the new venture, management needs to be more convincing

Posted by sivapakiam311056 > 2022-03-18 16:31 | Report Abuse

hope shareholders will give the directors a tough time this coming AGM

unomi12

342 posts

Posted by unomi12 > 2022-03-18 16:41 | Report Abuse

Cmsb did not acquire the whole scomi , just the energy division

Posted by sivapakiam311056 > 2022-03-18 17:00 | Report Abuse

looks a good investment because of PETROS, in the long term, but CMSB needs to enhance their Corporate Governance first

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