SARAWAK CABLE BERHAD

KLSE (MYR): SCABLE (5170)

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Last Price

0.105

Today's Change

0.00 (0.00%)

Day's Change

0.09 - 0.11

Trading Volume

3,697,700


6 people like this.

4,807 comment(s). Last comment by Fznzm Abdullah 5 days ago

Abudance

2,211 posts

Posted by Abudance > 2013-08-19 13:48 | Report Abuse

I understand TP before BI is rm3. It hit 2.28 opening. So if it can go up to 3.80-2.85 is also good profit taking! All the best! Can't go wrong with this counter.

Abudance

2,211 posts

Posted by Abudance > 2013-08-19 15:35 | Report Abuse

Hmm... Why it go down eith good need?? :(

cherry tomato

1,880 posts

Posted by cherry tomato > 2013-08-19 15:40 | Report Abuse

ooo no. down down down

Posted by Husnul Khatimah Jane > 2013-08-19 15:43 | Report Abuse

Dnt panic. Just keep till atleast end of month. Cant gain much if u sell now anyway.

Posted by PennyStalker > 2013-08-19 15:49 | Report Abuse

since i hold at 1.5x, sell and buy back later...

gpsman79

142 posts

Posted by gpsman79 > 2013-08-19 15:56 | Report Abuse

correction time

Posted by Husnul Khatimah Jane > 2013-08-19 15:57 | Report Abuse

Cmsb also shot up almost 10cents..and now plunging down ..

pathew

2,028 posts

Posted by pathew > 2013-08-19 16:10 | Report Abuse

weird eh? now you wonder why the company secretary sold at RM2.10?

Posted by optimuslyk > 2013-08-19 16:14 | Report Abuse

Good time to collect again?

paurlim

77 posts

Posted by paurlim > 2013-08-19 16:18 | Report Abuse

I think this is quite normal due to price correction as the price has been shooting up continuously in last 10 days. RSI is high and showing overbought signal..... nevertheless value investor may wait for news while short term player may take their gain....

Posted by Husnul Khatimah Jane > 2013-08-19 16:24 | Report Abuse

Everything is all good as long as the CM isnt hospitalised or anything... :D oohh..so cruel to joke on someone's time being up

paurlim

77 posts

Posted by paurlim > 2013-08-19 16:30 | Report Abuse

and dun forget today market sentiment not good. most of Asian and Europe zone are in red...

pathew

2,028 posts

Posted by pathew > 2013-08-19 16:51 | Report Abuse

hahaha... jane's a joker! we wish him "white hair till old" then...oh wait he has white hair and is pretty old... erm...

pfl1119

128 posts

Posted by pfl1119 > 2013-08-19 18:20 | Report Abuse

correction...and i am collecting more.

bigFAT

770 posts

Posted by bigFAT > 2013-08-19 19:09 | Report Abuse

that oldman is still strong...barang kuat...that's why bini muda..arghhhh!!! banyak untung ini olang tua..apa mau semua dapat!!!&&*(%%$

nicky

3,356 posts

Posted by nicky > 2013-08-19 19:44 | Report Abuse

Climbed all the way up to RM2.20 only for a day ???

Posted by Husnul Khatimah Jane > 2013-08-19 22:41 | Report Abuse

Mr Chai dispose another 5 lots.. Mr Chai is buying a proton.. kih kih kih :)

pfl1119

128 posts

Posted by pfl1119 > 2013-08-20 04:59 | Report Abuse

Mr Chai 10 lots..5 lots disposal won't hurt. Only drops of water in the ocean. After such a sharp up trend, it's only natural for profit taking for those that are happy with 0.10 to 0.20 gain. Fundamentally this share have not reach its peak yet with the BI and 1B contract yet to announce.

calow1

243 posts

Posted by calow1 > 2013-08-20 06:01 | Report Abuse

Guys.. Probably a further goodness: http://www.btimes.com.my/Current_News/BTIMES/articles/20130819235118/Article/index_html

divine

1,153 posts

Posted by divine > 2013-08-20 07:50 | Report Abuse

why the rush to lock in profits? no strength to hold? :p

someone told me there is a potnetial RM5.00 in this stock

Posted by jennylee1382 > 2013-08-20 08:38 | Report Abuse

this counter will going up or not

Posted by jennylee1382 > 2013-08-20 08:39 | Report Abuse

who's the mr chai

pfl1119

128 posts

Posted by pfl1119 > 2013-08-20 08:40 | Report Abuse

jenny, pls look at all previous posting to have better understanding of this counter, no shortcut to success, cheers.

Posted by klsepunter > 2013-08-20 08:48 | Report Abuse

RM5.00 bux!? how to get that value?

ZenJane

74 posts

Posted by ZenJane > 2013-08-20 09:41 | Report Abuse

Contra playing will get burned with this Red Red Sale.. Mr Chai bought a Myvi..hih hi hi

pathew

2,028 posts

Posted by pathew > 2013-08-20 09:45 | Report Abuse

now got 2 janes here... so where's plain ol' jane?

ZenJane

74 posts

Posted by ZenJane > 2013-08-20 09:48 | Report Abuse

That Jane went up the hill with Jack &Jill, Jack fell down and broke his crown, Jill came tumbling down and Jane jatuh masuk perigi..hih hi..

ZenJane

74 posts

Posted by ZenJane > 2013-08-20 09:57 | Report Abuse

Changed my ID..didnt want too much attention to my fb acc :/

Posted by jennylee1382 > 2013-08-20 09:59 | Report Abuse

still can hold this counter, the price is down now

ZenJane

74 posts

Posted by ZenJane > 2013-08-20 10:00 | Report Abuse

KUALA LUMPUR: Sarawak Energy Bhd (SEB) is set to award several power contracts worth a combined RM1 billion soon, with Sarawak Cable Bhd tipped to be among the recipients.


SEB had evaluated the tenders for the RM1 billion 500kV transmission backbone project to help power up the Sarawak Corridor of Renewable Energy.

Its corporate communications senior manager Haniza Hamid told Business Times that a final clarification meeting with the tendering parties will be held at its headquarters in Kuching
next month, after which the tender award announcement will be made.

“We’re in the process of finalising internal arrangements prior to inviting the preferred tenderers to attend a final clarification meeting,” she said last Friday, without revealing the date of the announcement or the preferred bidders.

The 500kV main transmission line project comprises three packages, namely the 196km transmission line from Similajau to Mapai, the 174km transmission line from Mapai to Lachau and the 141km transmission line from Lachau to Tondong.



Sarawak Cable is the frontrunner for the contracts, given that it is the only integrated power cable and transmission player in the state and the region.

In a report recently, AmResearch Sdn Bhd said it expects the decision on the tender award to be announced soon after the completion of Sarawak Cable’s rights and bonus issue.

“Sarawak Cable has completed a one-fortwo rights issue last month, which was oversubscribed by 9.8 per cent. The company is now in the midst of completing a one-for-five bonus issue of 46.6 million shares,” the research house said.

In June, Sarawak Cable was awarded a RM32.87 million contract by SEB to build the proposed 132kV Tudan-Miri Airport transmission
line.

It was reported that Sarawak Cable is chaired by Chief Minister Tan Sri Abdul Taib Mahmud’s son, Datuk Seri Mahmud Abu Bekir Taib, who is also the company’s largest shareholder.

Meanwhile, Haniza stressed that SEB has given its assurance that all tenders are evaluated through rigorous selection processes and, hence, there is no question of favouritism.



Read more: Sarawak Energy to award RM1b deals soon http://www.btimes.com.my/Current_News/BTIMES/articles/20130819235118/Article/index_html#ixzz2cTFAEH7A

ZenJane

74 posts

Posted by ZenJane > 2013-08-20 10:04 | Report Abuse

So.. It is next month..Jenny if you can still make profit by selling now, and would rather put the cash elsewhere, by all means, sell.. But if you will make a loss or minimal profit by selling now, then keep like me... Heh he he..

Posted by jennylee1382 > 2013-08-20 10:05 | Report Abuse

zenjane so what's the tp

ZenJane

74 posts

Posted by ZenJane > 2013-08-20 10:10 | Report Abuse

Oo..but dnt forget to buy back before the bonus issue, if u sell

ZenJane

74 posts

Posted by ZenJane > 2013-08-20 10:13 | Report Abuse

Tp 2.5.. If I sell at TP, I'll be a very happy woman.. If I sell now.. I might as well go to the dentist and pull out all my teeth..

Posted by 285investor > 2013-08-20 11:26 | Report Abuse

when's d bonus issue?

cherry tomato

1,880 posts

Posted by cherry tomato > 2013-08-20 11:50 | Report Abuse

I think after announcement of the news contract.
As bonus issue normally will bring down the share price.

hx_ONG

36 posts

Posted by hx_ONG > 2013-08-20 14:54 | Report Abuse

Everyone is accumulating the shares...patient...patient...

jeje

102 posts

Posted by jeje > 2013-08-20 15:00 | Report Abuse

When is the announcement?

pfl1119

128 posts

Posted by pfl1119 > 2013-08-20 15:08 | Report Abuse

Best in the world..collecting more

ZenJane

74 posts

Posted by ZenJane > 2013-08-20 15:25 | Report Abuse

Announcement of project awarded is nxt month..

5231428

617 posts

Posted by 5231428 > 2013-08-20 15:30 | Report Abuse

Bi will come first.

JaniceLove

253 posts

Posted by JaniceLove > 2013-08-20 16:22 | Report Abuse

Do i pick up more today or wait longer time to pick up? What is resistance level?

Posted by Lollipot Anison > 2013-08-20 18:57 | Report Abuse

The announcement keep delay and delay.
Will september really announce the contract?

Posted by bulldozer54 > 2013-08-20 20:42 | Report Abuse

good buy now...

ZenJane

74 posts

Posted by ZenJane > 2013-08-20 23:25 | Report Abuse

Mr Chai bought another 15500 units today...so he was just cashing out to cash in again :) clever mr chai.. May be good news soon so he increase his stake or he just wanted in during the red sale..

ZenJane

74 posts

Posted by ZenJane > 2013-08-20 23:26 | Report Abuse

Nxt time, I follow Mr Chai... Hah ha ha

divine

1,153 posts

Posted by divine > 2013-08-21 05:03 | Report Abuse

MrChai maybe instructed to sell to beat price down so that some can collect more hahah

pfl1119

128 posts

Posted by pfl1119 > 2013-08-21 08:52 | Report Abuse

Looking at the price Mr Chai bought, he also don't know market going to drop so much the past two days. Good that he is buying, this show that there is more upside to this counter.

Posted by Zhiyi Seng > 2013-08-21 09:35 | Report Abuse

today engine start alrdy , dun miss it.haha

Posted by jennylee1382 > 2013-08-21 09:59 | Report Abuse

when is the date for the ex-date for the bonus issue announce

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