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

cherry tomato

1,880 posts

Posted by cherry tomato > 2013-08-13 11:45 | Report Abuse

anbz encourage people to earn few round profit. crawler strategic is to earn mid term profit 1 round.

cherry tomato

1,880 posts

Posted by cherry tomato > 2013-08-13 11:46 | Report Abuse

both are correct strategic is share market. just depend on viewer appetite.

lloydlim

3,973 posts

Posted by lloydlim > 2013-08-13 12:50 | Report Abuse

Time will prove~

Posted by Steven Choong > 2013-08-13 13:04 | Report Abuse

this counter aim for mid-long term for me

crawler

4,829 posts

Posted by crawler > 2013-08-13 13:19 | Report Abuse

whatever man speculator...you are just making panic in this forum

crawler

4,829 posts

Posted by crawler > 2013-08-13 13:29 | Report Abuse

so those who panic and sell because of anbz..just watch in heartache now

gpsman79

142 posts

Posted by gpsman79 > 2013-08-13 13:34 | Report Abuse

panic selling is good , provide us opportunity to buy more :-) this counter is worthwhile to hold mid - long term. In the between, sure have correction then prepare your cash to buy more

pathew

2,028 posts

Posted by pathew > 2013-08-13 13:35 | Report Abuse

hehehe, no worries la, a few bumps won't kill you... it's health to have some correction and pull back :)
crawler and anbz are both right in their own respect.

cheers bros!

Justin Ngo

517 posts

Posted by Justin Ngo > 2013-08-13 14:23 | Report Abuse

after a 2nd thought, why should i sell this morning.since the TP is RM2.50 and the BI and Award of Contract havent announced yet.;(

Posted by Thong Wing Hoong > 2013-08-13 14:27 | Report Abuse

Can someone explain what is bonus issue? And how it will effect the stock price, etc? Thanks

Posted by Lollipot Anison > 2013-08-13 21:24 | Report Abuse

Bonus issue mean it will give you additional share based on a ratio, like 1:5(1 extra shared on every 5 share). With more shares in the market, it will dilute the price, but it won't impact the current holders since you already own extra shares.

tigerroar

542 posts

Posted by tigerroar > 2013-08-13 23:41 | Report Abuse

Crawler and anzb thanks for sharing. Lets sama sama cari makan, and to all buyers digest the comments and buy at your own risk.
Crawler, since u start collecting from 1.50 and tp from ammb is 2.50, I hope it is not too late to enter some tomorrow. Wish us good luck dude!

azlan88

509 posts

Posted by azlan88 > 2013-08-14 02:10 | Report Abuse

SCable is full of Sarawak CM relatives. the price increase after right issue. Should take position when it was Rm1.80. Adoyai

ruslimz

1,609 posts

Posted by ruslimz > 2013-08-14 10:01 | Report Abuse

sorry mistake....must close above 2.05 with volume if to go higher...

anbz

5,163 posts

Posted by anbz > 2013-08-14 10:41 | Report Abuse

ruslimz..just click on x...and your 1st statement may come through...just so many stocks are so attractive...and interest spread widely...not that easy to make money these days

ruslimz

1,609 posts

Posted by ruslimz > 2013-08-14 15:04 | Report Abuse

report by AMMB TP 2.50 ex-bonus

ruslimz

1,609 posts

Posted by ruslimz > 2013-08-14 15:15 | Report Abuse

ladies and gentlemen ...fasten your seat belt....

pathew

2,028 posts

Posted by pathew > 2013-08-14 15:17 | Report Abuse

fastened long ago... :D

5231428

620 posts

Posted by 5231428 > 2013-08-14 15:19 | Report Abuse

2.07 done.

ruslimz

1,609 posts

Posted by ruslimz > 2013-08-14 15:41 | Report Abuse

your flight SC250 to the sun will depart soon..........

hx_ONG

36 posts

Posted by hx_ONG > 2013-08-14 15:57 | Report Abuse

Cabin crew take Ur seat!

5231428

620 posts

Posted by 5231428 > 2013-08-14 16:01 | Report Abuse

No turning back.

JaniceLove

253 posts

Posted by JaniceLove > 2013-08-14 16:13 | Report Abuse

Azlan88..what other stocks full of relatives?

Posted by JXRepcoBuffet > 2013-08-14 16:24 | Report Abuse

Captain Cool is controlling the plane..............Flying to sky high!!!!!!!!!!!!!!!!

bosco

46 posts

Posted by bosco > 2013-08-14 18:51 | Report Abuse

not enough fuel..

nicky

3,356 posts

Posted by nicky > 2013-08-14 19:21 | Report Abuse

Too good to be true ???

pfl1119

128 posts

Posted by pfl1119 > 2013-08-15 08:41 | Report Abuse

Scable news in today's The star biz section.

Posted by Husnul Khatimah Jane > 2013-08-15 08:55 | Report Abuse

http://www.theborneopost.com/2013/08/15/swak-cable-frontrunner-to-clinch-500kv-transmission-line-job/. Sarawak Cable frontrunner in 500kv job... Its coming soon guys... Buy some more and hold tight

ruslimz

1,609 posts

Posted by ruslimz > 2013-08-15 09:20 | Report Abuse

DEPARTED..........

Posted by Husnul Khatimah Jane > 2013-08-15 09:21 | Report Abuse

JaniceLove Dayang is also CM related, but I dont have my fingers in that one.

jjoker

390 posts

Posted by jjoker > 2013-08-15 09:36 | Report Abuse

hmm....last day of game?

5231428

620 posts

Posted by 5231428 > 2013-08-15 09:53 | Report Abuse

It`s only just began.

pathew

2,028 posts

Posted by pathew > 2013-08-15 09:58 | Report Abuse

scable never disappoints me! thanks to crawler for the promo and to ruslimz for the affirmation :)

ruslimz

1,609 posts

Posted by ruslimz > 2013-08-15 10:09 | Report Abuse

my dear crawler....why so quite ?????

Posted by Thong Wing Hoong > 2013-08-15 10:23 | Report Abuse

Note that Sarawak Energy Bhd (SEB) has committed the entire output from Bakun – 1,777 MegaWatts (MW) – and Murum (635MW) to SCORE.
There are currently no shortage of jobs for Sarawak Cable as in June alone, it had won a RM32.9 million job to build the 132kV line between Tudan and Miri airport.
There are other potential jobs for Sarawak Cable, including the Tanjung Manis-Bintulu and Mambong-Kalimantan lines worth RM350 million. In addition, the company may also benefit from the state’s Rural Electrification Scheme (RES).
It was recently reported that the RM3.5 billion Murum dam would soon commence operations and two new dams – 1,200MW Baram dam and 1,300MW Balleh dam – are being considered to be built in the state.
“If these come through, we expect Sarawak Cable to secure more transmission jobs,” the research arm added.
As at end-May, Sarawak Cable has an order book of RM687 million, with an outstanding amount of RM202 million.
“We have a conservative order book assumption of RM1 billion for the financial year 2013 forecast (FY13F), including the 500kV line to be progressively-recognised in FY13F-15F,” the research house highlighted.


Read more: http://www.theborneopost.com/2013/08/15/swak-cable-frontrunner-to-clinch-500kv-transmission-line-job/#ixzz2c06Ai5DU

jjoker

390 posts

Posted by jjoker > 2013-08-15 10:35 | Report Abuse

I;m still staying, but i guess no more autopilot...need to monitor..haha...very scary

hw0706

837 posts

Posted by hw0706 > 2013-08-15 10:57 | Report Abuse

Sarawak Cable Bhd ('Scable') is a profitable Sarawak-based company involved in manufacturing of power cables & wires, hybrid power converters, steelworks, builder of mini hydro power plants & general construction.

Its net profit had dropped sharply in FYE31/12/2012 from RM15.6 million to RM6.4 million while revenue had also declined from RM368 million to RM269 million. For 1Q2013, net profit continued to decline from RM1.9 million previous year to RM1.3 million while revenue slipped RM66 million to RM59 million.

Scable's share prices had benefited from the post-GE13 rally which saw the stock rose from RM1.15 in April to an intra-day high of RM2.05. The sharp rally means that the stock has broken above the horizontal line at RM1.95 (its previous high) as well as reclaim its previous uptrend line (SS). Based on these, the stock is expected to continue its prior uptrend.

As such, a trading BUY call on this stock is quite appropriate. However, we must bear in mind that its valuation is very high with PE at 76 times.

crawler

4,829 posts

Posted by crawler > 2013-08-15 13:23 | Report Abuse

everyone happy so far :) I am travelling la brothers

crawler

4,829 posts

Posted by crawler > 2013-08-15 13:23 | Report Abuse

still up up up...just enjoy the upside..wait till the BI is out

Posted by JXRepcoBuffet > 2013-08-15 14:02 | Report Abuse

sure happy....up up up... when is the BI to be out?

Posted by Thong Wing Hoong > 2013-08-15 14:24 | Report Abuse

1:5 bonus issue...

paurlim

77 posts

Posted by paurlim > 2013-08-15 14:42 | Report Abuse

JXRepcoBuffet , expected this mth.

ruslimz

1,609 posts

Posted by ruslimz > 2013-08-15 14:50 | Report Abuse

ladies and gentlement......good afternoon...this is your captain speaking...now we are cruising at altitude of 2.12/2.13 arrival at sun expected about in two weeks time.....but if they announce BI and 500KV earlier , sooner we reach or destination...please enjoy your in flight service...if you need our assistant.....dont hesitate to call i3investor forum.......bye......

JCool

961 posts

Posted by JCool > 2013-08-15 14:55 | Report Abuse

D cum BI TP is 3.... Not 2.50... Stil long way to go...

Posted by JXRepcoBuffet > 2013-08-15 15:25 | Report Abuse

skylight 223..... captain cool speaking.... hold it tight to sky high!!!

Posted by JXRepcoBuffet > 2013-08-15 15:37 | Report Abuse

ruslimz, still worth to tambah some more?

ruslimz

1,609 posts

Posted by ruslimz > 2013-08-15 15:47 | Report Abuse

JXRepcoBuffet....hard to say....but I think the show wont stop until 500KV announced

Posted by JXRepcoBuffet > 2013-08-15 15:52 | Report Abuse

captain ruslimz, the 1:5 is one share free 5 warrants or hold 5 share get one free share? thx

divine

1,153 posts

Posted by divine > 2013-08-15 15:54 | Report Abuse

BI for every 5 u hold u should get one share free :)

ruslimz

1,609 posts

Posted by ruslimz > 2013-08-15 15:56 | Report Abuse

own 5 shares get 1 free share

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