SARAWAK CABLE BERHAD

KLSE (MYR): SCABLE (5170)

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Last Price

0.11

Today's Change

-0.005 (4.35%)

Day's Change

0.105 - 0.12

Trading Volume

7,727,500


6 people like this.

4,807 comment(s). Last comment by B4b4 2 days ago

keyin

2,150 posts

Posted by keyin > 2013-08-12 17:16 | Report Abuse

No more below rm2.00 la.....now waiting fly to rm2.50...hihi

JaniceLove

253 posts

Posted by JaniceLove > 2013-08-12 17:28 | Report Abuse

My hero Crawler is missing. Oo, thanks Ruslimz for your sharing.

sudahkena

1,804 posts

Posted by sudahkena > 2013-08-12 17:34 | Report Abuse

Crawler missing or sell already or mabuk lemang

anbz

5,163 posts

Posted by anbz > 2013-08-12 17:37 | Report Abuse

nope...crawler is not missing, he is = she is = janicelove

JaniceLove

253 posts

Posted by JaniceLove > 2013-08-12 19:01 | Report Abuse

Hmm..Anbz are u sure???

crawler

4,829 posts

Posted by crawler > 2013-08-12 19:05 | Report Abuse

anbz you trying to create trouble again here is it...bugger off...

crawler

4,829 posts

Posted by crawler > 2013-08-12 19:06 | Report Abuse

travelling this week...so a bit occupied....good job scable!

JIMSENG

39 posts

Posted by JIMSENG > 2013-08-12 19:41 | Report Abuse

any more stock like scable...crawler

traderman

7,854 posts

Posted by traderman > 2013-08-12 19:50 | Report Abuse

haha, good that you all treat crawler like stock god. i never come back here to post after my remiser here ask me to buy at 1.6 and wait it go to 2.0.

crawler

4,829 posts

Posted by crawler > 2013-08-12 21:13 | Report Abuse

expect for more upside this week!

Posted by Thong Wing Hoong > 2013-08-12 21:21 | Report Abuse

When is the time to sell?

Posted by Dondy BC Lee > 2013-08-12 22:10 | Report Abuse

we need to careful on this share, big guys are going to dispose their right issue this few days.

divine

1,153 posts

Posted by divine > 2013-08-12 22:11 | Report Abuse

Dondy why would they want to dispose of RTS issues when there is BI coming?
Also there is possibility of more upward px movement.

Posted by Dondy BC Lee > 2013-08-12 22:27 | Report Abuse

do you know the right is 1.00 cost ?
let me ask ask you, you think those big guys will use personal cash to subscribed the rights or borrow from bank ??
of course use bank money !!!! but sell off the money become personal cash ! this is very basic corporate game, all plc know the trick !!!
if you r the big guys, you want cash in pocket or paper gain ???

crawler

4,829 posts

Posted by crawler > 2013-08-13 00:07 | Report Abuse

is not the time to dispose yet...plenty of upside. Those who scare can sell

pathew

2,028 posts

Posted by pathew > 2013-08-13 09:42 | Report Abuse

maybe some weak holders will sell, but I don't think it will depress the price much, there's still a lot of pent up buying energy with good news to come

anbz

5,163 posts

Posted by anbz > 2013-08-13 09:45 | Report Abuse

sell now...or regret

divine

1,153 posts

Posted by divine > 2013-08-13 09:53 | Report Abuse

anbz gues u don't have any scable? :) how is your favourite doing?

anbz

5,163 posts

Posted by anbz > 2013-08-13 09:55 | Report Abuse

just stable

anbz

5,163 posts

Posted by anbz > 2013-08-13 09:56 | Report Abuse

except benalec seems want to be goreng again :)

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2013-08-13 09:56 | Report Abuse

why regret??

anbz

5,163 posts

Posted by anbz > 2013-08-13 10:00 | Report Abuse

because it will be below RM 2.00 today...buyers smaller que compared to sellers...correction will be forced

crawler

4,829 posts

Posted by crawler > 2013-08-13 10:52 | Report Abuse

haha..want to buy low is it :) tell you what...this stock will only go north until the project is out

crawler

4,829 posts

Posted by crawler > 2013-08-13 10:53 | Report Abuse

buyer and seller volume can tell you the direction is it?? only fool say something so shallow

Posted by Husnul Khatimah Jane > 2013-08-13 10:54 | Report Abuse

- Sarawak Cable Bhd (S Cable) announced on Bursa Malaysia yesterday that its rights issue was oversubscribed by 9.7%.

- The rights issue received 77.3mil valid acceptances, or 99.6% of total rights offered, and another 7.8mil in valid excess applications.

- A total of 77.6mil rights shares would be listed on July 31.

- The rights issue, which raised RM77.6mil, would be followed by a 1-for-5 bonus issue of 46.6mil shares that is expected to be completed next month.

- Our channel checks suggest that a state meeting would be held next week to discuss the award of the 500kV backbone line (transmission package worth ~RM1bil).

- As such, we opine that Sarawak Energy Bhd might announce the award of the 500kV line as early as next month, after the bonus issue is completed.

- Being the only integrated power cable and transmission player in the state (and region), we believe SCable is the frontrunner for the job.

- The 500kV needs to be implemented soon in order to support the intensive power needs of investors in SCORE. The recent state-wide power outage in Sarawak further underscores the need to expedite this.

- Note that SEB has committed the entire firm output of Bakun (1,777MW) and Murum (635MW) to SCORE.

- With the RM3.5bil Murum dam to commence operations soon, The Star recently reported that another two new dams might be in the pipeline:- (i) 1,200MW Baram Dam, and (ii) 1,300MW Balleh dam. S Cable might benefit from new transmission jobs arising from these.

- We maintain BUY on S Cable with an SOP-derived fair value of RM2.50/share.

Source: AmeSecurities

Posted by Husnul Khatimah Jane > 2013-08-13 10:55 | Report Abuse

dont know why some want to sell now when TP is 2.5 and is coming soon :/

anbz

5,163 posts

Posted by anbz > 2013-08-13 10:56 | Report Abuse

now 1.98...u may see 1.70 coming

Posted by Husnul Khatimah Jane > 2013-08-13 10:59 | Report Abuse

good chance to buy some more :)

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:02 | Report Abuse

at 1.98? or 1.70? u choose ..hehe

divine

1,153 posts

Posted by divine > 2013-08-13 11:03 | Report Abuse

anbz is so free and vicous so he raining on others.
well there is karma watch out

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:04 | Report Abuse

now 1.97

crawler

4,829 posts

Posted by crawler > 2013-08-13 11:07 | Report Abuse

you want to bet on your credibility?

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:07 | Report Abuse

i'm giving advises and u saying me raining others??? surely profit taking and correction will happen after big rise, isnt it? so i'm just telling our members to take profit 1st...and u're angry with me divine just for that? am i not saying the truth???

Justin Ngo

517 posts

Posted by Justin Ngo > 2013-08-13 11:07 | Report Abuse

i think so. another round to buy again

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:09 | Report Abuse

there u go a honest member like justin ngo...suits his name..."just "...

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:12 | Report Abuse

bet on your credibility? go fly kite...i've told that it will be under 2.00 when it was 2.04 ...and what were u telling at that time??? don't bet with me...people who sold above 2.00 can buy at 1.98 as much as they want just now...so who is to be blamed? me? haha

crawler

4,829 posts

Posted by crawler > 2013-08-13 11:14 | Report Abuse

hahaha...only speculator like you buy and throw in few cents... We have been in this game since 1.5x and follow till now.

crawler

4,829 posts

Posted by crawler > 2013-08-13 11:15 | Report Abuse

I don't even bother if is 1.98 now because i know the tp is way way higher

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:16 | Report Abuse

1.96 is coming

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:18 |

Post removed.Why?

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:19 |

Post removed.Why?

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:22 | Report Abuse

this guy said just like this in sendai :I don't even bother if it goes down because the tp is RM 2.09 for sendai"
Then what? he left sendai...dia boleh lari...org lain jangan lari sebelum dia lari...kepala hatok dia!!!

skelict

173 posts

Posted by skelict > 2013-08-13 11:22 | Report Abuse

wow, both of u fight in every counter if meet.

divine

1,153 posts

Posted by divine > 2013-08-13 11:24 | Report Abuse

LOL anbz is stalking crawler

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:26 |

Post removed.Why?

crawler

4,829 posts

Posted by crawler > 2013-08-13 11:31 | Report Abuse

say whatever you like la...bonus issue is real..and project is real... I standby what I say

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:31 |

Post removed.Why?

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:32 | Report Abuse

Jim Crawrey hehe what a name there

paurlim

77 posts

Posted by paurlim > 2013-08-13 11:36 | Report Abuse

think buy/sell is solely own decision for all trader/investor. and different ppl got diff risk appetite and certain ppl are in short term and certain ppl are in long term. There is no right or wrong as both crawler and anbz are looking at different angle (in either short term or long term). My personal view is for those short term one price may have correction due to price has been up for several days while for long term investor may see good to keep as still got potential in future...

anbz

5,163 posts

Posted by anbz > 2013-08-13 11:36 |

Post removed.Why?

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