Posted by sudahkena > 2013-08-30 18:07 | Report Abuse

Dinner......but not 1bill......can push limit up?

Posted by Zhiyi Seng > 2013-08-30 18:10 | Report Abuse

aiyo , gt 618.6 m enough lo.monday sure fly.ye

Posted by Zhiyi Seng > 2013-08-30 18:19 | Report Abuse

total only 1.2 B , they gt half of it alrdy.

Posted by JCool > 2013-08-30 18:39 | Report Abuse

Oh as i hv expected..... 2 out of 3........ 

Posted by me............ Read in d news recently tis 500 kv project actually has 3 sub portions... quite sure scable wil get tis project but.... will it b smaller? May b 1 out 3... 2 out of 3... not d whole project... cos not nice la cm get everything....... bought some again today... if anyone can provide a bit or certainty.... jz a little bit wil do ... i wil buy even more..Stock: [SCABLE]: SARAWAK CABLE BERHAD Aug 27, 2013 05:41 PM | Report Abuse  

Dont want to say i m sharp..... but i m jz sharp!

Finally after d long wait... Not bad not bad....

Posted by crawler > 2013-08-30 18:55 | Report Abuse

0.5B bro

Posted by JCool > 2013-08-30 19:13 | Report Abuse

It is ok... don't b greedy... good tat it is finally in d pocket

Posted by JCool > 2013-08-30 19:18 | Report Abuse

It is ok... i m cool... i m cool...

Posted by crawler > 2013-08-30 19:42 | Report Abuse

not really how I anticipated it would be. I hope it flies :)

Posted by calow1 > 2013-08-30 21:12 | Report Abuse

if it is a JV does it mean.. SCABLE only takes 1/2 from the RM500m? equal to RM250m project.. ?

Posted by jjoker > 2013-08-30 21:17 | Report Abuse

You gotta search the details of JV to find out. Apparently AMMB so far has not publish enough details. Probably has to wait till next week if any research paper going to cover that part.

Posted by JaniceLove > 2013-08-30 23:08 | Report Abuse

Crawler..the BI is ex 12.9.2013 right? My friend say sell before 10.9.2013 cos price usually drop after BI. She said don't wait BI, dont take BI...i don't know what to do?

Posted by ladzatz > 2013-08-30 23:13 | Report Abuse

ask crawler..he knows everything

Posted by calow1 > 2013-08-30 23:31 | Report Abuse

(posted wrongly) repost here.. haha.
guys...
with the figures.. can we calculate this way?
Total value of the contract is RM618.6million, assuming a JV of 5:5, SCABLE is getting RM309.3m. The group Gross profit Margin is about 10%. So, that is about RM30.93m, and it has 310m shares, come to about RM0.099 cent per share - which is expected to enhance profit of 2014 and 2015. So discounting it back with say 10% DF, is about RM0.08 value. so taking a PE of 5.. meaning this contract can give SCABLE a premium of RM0.40.
So far how much the RM1.86 has taken into account the expectation of the contract?
Let's see how much Monday SCABLE price can go up :) Interesting...

Posted by calow1 > 2013-08-30 23:55 | Report Abuse

bad news lar.... now prospect of Syria war come up again..

"30-Aug Friday - today U.S. stocks fell, with the Standard & Poor’s 500 Index headed for its worst month since May 2012, as investors weighed a smaller-than-estimated gain in consumer spending and the prospects for a strike against Syria"...

Hope this wave wont kill the vroooooooom of the good news ler..

Posted by JCool > 2013-08-31 22:55 | Report Abuse

Any old timers here know if the following 2.00 tp was d tp b4 d 500kv project was ever mentioned.......

08/04/2013 1.51 2.00 +0.49 (32.45%) BUY AMMB

Posted by jjoker > 2013-08-31 23:15 | Report Abuse

@JCool Yes its mentioned as you can see in the article. When i checked, TP 2.00 with GE13 ahead. TP 2.5 for after GE. (Check article dated 08/04/2013 & 31/05/2013 )

Posted by jjoker > 2013-08-31 23:18 | Report Abuse

I'll look at what AMMB gotta say next week....

Posted by cherry tomato > 2013-09-01 09:39 | Report Abuse

2.00 also cant be achieve after poor result.
Wanna to reach 2.50 need to wait for miracle to happen.

After bonus issue sure plunged below 1.60

Posted by JCool > 2013-09-01 10:05 | Report Abuse

jjoker.. u too say yes tat rhb did mention d project on 8/4/13.... so d 2.00 tp then n d cum bi tp 3.00 at d moment both included d project... thn d question is where d extra 1.00 is from????????!!!!!!!!

bloody rhb is anything but clear n precise....

I tend to think d 2.00 is b4 d project.... ie mentioned but not factored in..... so d likely tp now is 2.00 + ur 0.44 = 2.44..... n co jv may not b 50:50... may b 30:70... or better so d tp may b 2.44 - 2.65....

or anyone hv any older tp?

Posted by cherry tomato > 2013-09-01 20:12 | Report Abuse

dont ever trust whatever RHB predict, so far non of it predict by them material, reverse got lah.

Posted by JCool > 2013-09-01 20:51 | Report Abuse

cherry tomato... no one is here bcos of expectation of great quarterly result la.... it has always been abt d 500 kv project.... project is in d pocket now... why so blue?

Posted by JCool > 2013-09-01 20:57 | Report Abuse

Not d whole project.. so tp cant b 3.00... but 2 out of 3 at 600m.... can hit 2.28 at d least la.... more than 2.00 is for sure....

Posted by ruslimz > 2013-09-02 09:25 | Report Abuse

buy on rumors...sell on facts...

Posted by sudahkena > 2013-09-02 09:25 | Report Abuse

Hemm....no effect on annoncement....

Posted by crawler > 2013-09-02 09:56 | Report Abuse

market volatile..beside every news is out.....time to consider sell?

Posted by crawler > 2013-09-02 09:57 | Report Abuse

I tend to agree to ruslimz...sell on facts

Posted by divine > 2013-09-02 10:16 | Report Abuse

watching the px movement today doesn't it look like press down and collect going on?

Posted by ruslimz > 2013-09-02 10:18 | Report Abuse

remember......price adjustment (ex-date) is on 10 sept.

Posted by jjoker > 2013-09-02 10:19 | Report Abuse

If you guys still remember 2-3 years back this counter was also cooked & abandoned from other projects. Overall, not bad for me, 3 rounds play in the past couples of weeks, although the last round loos like peanuts.

Posted by jjoker > 2013-09-02 10:20 | Report Abuse

Come back again when it has new rumors / projects.

Posted by JCool > 2013-09-02 10:23 | Report Abuse

It is not like tis co has bin goreng to 3.00 to sell on fact now....

Posted by JCool > 2013-09-02 10:26 | Report Abuse

ruslimz... oh yeah.... trying ur best to scare d shit out d blur ones....

Posted by JCool > 2013-09-02 10:33 | Report Abuse

Oh yeah.... Blur ones take note:... remember......price adjustment (ex-date) is on 10 sept..... loose ur pant if u dont sell now...

Posted by JCool > 2013-09-02 10:39 | Report Abuse

Blur ones.... sell sell sell now or go buy urself a pair sexy underwear... ; )

Posted by calow1 > 2013-09-02 10:40 | Report Abuse

Guys, pestech also got award frm seb. Nearly to rm100m. Any views? Compare pestech with scable, I find pestech prize less "cooked and fried"..

Posted by JCool > 2013-09-02 10:46 | Report Abuse

Ya pestech has a rather large award relative to its share cap.... but it is not liquid... n it is giving more shares to its management n staf still... I wanted to buy... But look at d quotes...

Posted by JCool > 2013-09-02 10:58 | Report Abuse

Does look like pressing down n collecting is going on.....

N those disappointed wit d fly fly fly r leaving....

N those worry to loose their pants too...

Posted by calow1 > 2013-09-02 11:19 | Report Abuse

I think scable n pestech r on selling pressure. Will collect both but more on pestech more virgin. Yes is less liquid like asiabrn but once momentum come is flying up higher. Anyway profit frm projects only be reflected 2014. Can hold geh, long term is good.

Posted by Zhiyi Seng > 2013-09-02 11:31 | Report Abuse

- Maintain BUY on Sarawak Cable Bhd with a SOP-derived fair value of RM2.33/share.

- Last Friday, Sarawak Cable (S Cable) announced on Bursa Malaysia that its wholly-owned subsidiary Trenergy Infrastructure with JV partner Sinohydro Corp have received a letter of intent (LOI) from Sarawak Energy (SEB) its intention to award the two packages of the 500kV transmission line for a total of RM620mil.

- The packages consist of the Mapai-Lachau and LachauTondong lines worth RM353mil and RM266mil respectively.

- S Cable said formal contract agreements for the two packages are expected to be entered in due course. Commencement of works is slated for next month with completion periods of 23 months and 25 months for the Mapai-Lachau and LachauTondong lines respectively.

- The award confirms our previous reports that the 500kV line (packages now worth a total of RM1.2bil) was expected to be awarded in Aug/Sept. We expect contributions from the project to begin in the 4QFY13.

- The two packages won by S Cable is part of six that were awarded last Friday. According to The Edge Malaysia, the other successful bidders were:- (i) Toshiba Transmission & Distribution System Asia Sdn Bhd-Xian Electric Engineering (Similajau-Mapai and Mapai-Oya lines); (ii) KEC International Ltd (Mambong-Entiggan substation extension); and (iii) Pestech Sdn Bhd (Mapai substation project).

- Together with the 132kV Tudan-Miri airport job it secured in June, S Cable has won a total of RM650mil new transmission jobs this year. We have an order book assumption of RM1bil for FY13F.

- Looking forward, two more projects that might be awarded in the near term include the Tanjung Manis-Bintulu and Manbong-Kalimantan lines worth ~RM400mil.

- Meanwhile, it was also reported last week that the Indonesia government and Asian Development Bank (ADB) are moving forward with plans to build a cross-border transmission line linking Sarawak and West Kalimantan.

- ADB said the project would built a 145km distribution line within West Kalimantan, and another 83km cross-border line connecting Sarawak and West Kalimatan. ADB has secured a US$100mil loan for the Kalimantan side and is preparing a second loan to finance the project for the Malaysian side.

- Note that the ex-date for the 1-for-5 bonus issue has been set for Sept 10 and the entitlement date is Sept 12. S Cable is trading at an alluring core FD PEs of 6x-11x for FY14F-15F.

Posted by divine > 2013-09-02 11:40 | Report Abuse

pressed to cause panic..sell

collection :) that's all

Posted by asoh > 2013-09-02 11:46 | Report Abuse

Glad that sold earlier even at loss, belt tight my tummy cos of the loss. not good time yet for this counter.

Posted by JCool > 2013-09-02 11:49 | Report Abuse

Zhiyi.. Good work... D 2.33 tp is cum bi or ex bi?

Asoh.. Bad work...

Posted by Junglestock > 2013-09-02 11:50 | Report Abuse

Best to wait for more news as Najib has announced re-looking at all mega projects to try curb govt spending - not sure if this will be affected. Awarded is one thing, when they start and when govt funds come out to start the project is another.

Posted by JCool > 2013-09-02 11:59 | Report Abuse

Oh.... d 2.33 tp is from ammb... then it is d EX BI tp...d tp after 9 sep.... Now CUM BI tp is 2.796... Reduced by 0.20 due to not d whole adward....

Posted by JCool > 2013-09-02 14:22 | Report Abuse

Stop tis project n najib can kiss d next ge14 goodbye.... sarawak d king maker nowadays..

Posted by asoh > 2013-09-02 14:29 | Report Abuse

Beside what to curb spending when he announce the 4 mega bumi projects?? Would he???

Posted by JCool > 2013-09-02 14:30 | Report Abuse

Anyway a lot of d projects announced b4 ge13 were never intended to b implemented soon..... jz pushed forward for d feel good factor... aimed to give u d high...... but tis project is NOT one of them.. sure on

Posted by sudahkena > 2013-09-02 15:53 | Report Abuse

Sel at news ....nasib baik sempat jual 1.89 this morning

Posted by divine > 2013-09-02 16:54 | Report Abuse

most panic sellers have been shaken out I believe...

Looking forward to upward movement tomorrow :)

Posted by JCool > 2013-09-02 17:34 | Report Abuse

Yeah..... bought again at 1.78 1.79........ at 1.78 d EX BI price is jz 1.48... compared to 2.33 tp.....

Betting my profit again......