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 > 2013-09-09 17:28 | Report Abuse

Obucks, tak Mati lah. Paper loss Je. Others have bgt higher than u. Average out after fed announces tapering. SCable has got projects and Sarawak not do connected to federal territory.

Abudance

2,211 posts

Posted by Abudance > 2013-09-09 17:43 | Report Abuse

Now the price is 1.83. Tomorrow will drop because every 5 shares given 1 bonus issue. So bucks did make some paper lost. Obucks, how many free bonus shares you have?

ruslimz

1,609 posts

Posted by ruslimz > 2013-09-09 17:56 | Report Abuse

if you buy at 2.00......1.67 to cover cost exlude brokerage cost

Abudance

2,211 posts

Posted by Abudance > 2013-09-10 00:18 | Report Abuse

If buy 20 at rm2.25 for nano sold, 4 FOC BI. What's the cost per share then, ruslims

ruslimz

1,609 posts

Posted by ruslimz > 2013-09-10 08:16 | Report Abuse

abundance......buy at 2.25......at 1.88 to cover cost exlude brokerage

sudahkena

1,804 posts

Posted by sudahkena > 2013-09-10 08:56 | Report Abuse

Q at 1.55.........

Histock

32 posts

Posted by Histock > 2013-09-10 09:41 | Report Abuse

can someone xplain how the BI works with the current price...tq

sudahkena

1,804 posts

Posted by sudahkena > 2013-09-10 09:47 | Report Abuse

Can sell bi also today?

ruslimz

1,609 posts

Posted by ruslimz > 2013-09-10 09:55 | Report Abuse

yes U can

Posted by jennylee1382 > 2013-09-10 10:00 | Report Abuse

what's the BI meaning

sudahkena

1,804 posts

Posted by sudahkena > 2013-09-10 10:00 | Report Abuse

But y system reject?

JCool

961 posts

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

New shares issued under RI BI r slowly moving tis co closer n closer to its true value.... Per RHB TP 2.33... abt 0.75 to go

ruslimz

1,609 posts

Posted by ruslimz > 2013-09-10 10:06 | Report Abuse

if you dont sell yesterday...you can calculate shares that you own today by multiplying numbers of shares you own yesterday by 1.2 . Then You can sell all shares include bonus today at current price......

Abudance

2,211 posts

Posted by Abudance > 2013-09-10 10:17 | Report Abuse

Ruzlimz, pls use my precious question 20 lots with 4 bonus shares issued. Bought at 2.25,each. How you get 1.88, pls. Easier for all to understand. Thanks v much!

ruslimz

1,609 posts

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

yes at first system will reject ..but the prompt come out asking you want to proceed or not....you just proceed....then it will go into system....

pathew

2,028 posts

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

simple calculations only... current price * 1.2 as mentioned by ruslimz, that's the price of Scable before BI

makan a few lots before BI

ruslimz

1,609 posts

Posted by ruslimz > 2013-09-10 10:38 | Report Abuse

abundance......OK....lets do some work.....go to the basic of bonus issue. Scable gives you 1 free shares for every 5 shares you own. So after bonus, you own 6 shares . Takes your case...you bought 20000 shares at 2.25 at cost of 45,000. But now you own 24000 shares include BI. Your adjusted cost now is 45000 divides by 24 which is 1.875 ...rounded to 1.88...say if the price come to 1.88 and you sell all 24000 shares at 1.88 ..your sale proceed is 45120..you just recover back you initial investment of 45000...but remember this exlude you brokerage fees.

ruslimz

1,609 posts

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

pathew....I have made experiment my self ....not all the times if you buy just before Ex you will make money on ex date. Yes to day scable's price more than ex price..you make quick profit....there are cases price trade on exdate was lower than ex price....lost money....

Abudance

2,211 posts

Posted by Abudance > 2013-09-10 11:30 | Report Abuse

Thanks, Ruslimz. Appreciate the detail calculation. That was what I thought. As when I calculated as suggested multiply by 1.2 it appears as though u already made profit! That was what confused me! Thanks, bro!

pathew

2,028 posts

Posted by pathew > 2013-09-10 11:58 | Report Abuse

ruslimz, agreed with your observations. However, as long as there are some fundamentals to the stocks, it should be reflected in the share price moving up... as with Scable, announcement on the 500kv project to push the prices back up with potential for other deals as well :)

Posted by jennylee1382 > 2013-09-10 12:13 | Report Abuse

buy in when only got bonus issue

sudahkena

1,804 posts

Posted by sudahkena > 2013-09-10 12:22 | Report Abuse

Huh...got some pnut.....settle all

ruslimz

1,609 posts

Posted by ruslimz > 2013-09-10 12:51 | Report Abuse

from rich tomoro become some pnut!!!!!!!!!why ??????? never mind esok masih ada....there are more than 1000 stocks out there to play with....keep on playing..

sudahkena

1,804 posts

Posted by sudahkena > 2013-09-10 12:55 | Report Abuse

Ruslimz.......ada suggestion other stock?

Abudance

2,211 posts

Posted by Abudance > 2013-09-10 13:32 | Report Abuse

Jenny, I'd you bought low and u get bonus issue is good but better to wait after bonus issue to buy as likely to catch a lower price to keep long term.

nicky

3,356 posts

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

lousy stock......... from RM2.28 to RM1.80

nicky

3,356 posts

Posted by nicky > 2013-09-10 15:11 | Report Abuse

After bonus issue RM1.50+++

lwalk

1,144 posts

Posted by lwalk > 2013-09-10 15:20 | Report Abuse

price of BI already reflected today..right? why 1.50++?

steviebull

294 posts

Posted by steviebull > 2013-09-10 16:14 | Report Abuse

can i buy today and get BI ?

cherry tomato

1,880 posts

Posted by cherry tomato > 2013-09-10 16:15 | Report Abuse

no

JCool

961 posts

Posted by JCool > 2013-09-10 17:17 | Report Abuse

So was it good for everyone......

gpsman79

142 posts

Posted by gpsman79 > 2013-09-10 17:26 | Report Abuse

Zzzz

Posted by ndkrishnan > 2013-09-10 21:39 | Report Abuse

Disapointing Ex BI

JCool

961 posts

Posted by JCool > 2013-09-10 23:01 | Report Abuse

Well... it did look like d luv is gone a bit...

But u never know.... good time is rolling everywhere now.... tomorrow morning u may find d urge n desire strong again....

jeje

102 posts

Posted by jeje > 2013-09-10 23:05 | Report Abuse

I bot on 16/8, sold 19/8, do I entitle the BI? Anybody pls advise?

mikekong55

4,805 posts

Posted by mikekong55 > 2013-09-11 05:43 | Report Abuse

anything sold before ex-bonus date not entitle to.

lwalk

1,144 posts

Posted by lwalk > 2013-09-11 10:50 | Report Abuse

holding tight. only fools will sell at this price

Mowwwa

953 posts

Posted by Mowwwa > 2013-09-11 11:15 | Report Abuse

still can buy in

Mowwwa

953 posts

Posted by Mowwwa > 2013-09-11 11:16 | Report Abuse

consider cheap

pathew

2,028 posts

Posted by pathew > 2013-09-11 15:35 | Report Abuse

wah lwalk, now talking like so confident in scable dy ah... hehehe

lwalk

1,144 posts

Posted by lwalk > 2013-09-11 15:44 | Report Abuse

follow crawler.... hahaha..

gpsman79

142 posts

Posted by gpsman79 > 2013-09-11 16:36 | Report Abuse

surprising why people sell now? not understanding ?

gpsman79

142 posts

Posted by gpsman79 > 2013-09-11 16:53 | Report Abuse

someone who hold the share before 9 Sept and sell it from 9 - 12 Sept, mean they are losing at least 15 % ?? Could anyone clarify it

Posted by trexdotcom > 2013-09-11 17:00 | Report Abuse

taking from SCable web
For example, if Mr X purchases 500 SCABLE shares on cum basis on 9 September 2013, Mr X should receive 500 shares on 12 September 2013. As a result of the Bonus issue, a total of 600SCABLE shares will be credited into Mr X’s CDS account on the night of 12 September 2013 being the Book Closing Date. Therefore, Mr X can sell the Bonus issueshares of 600 on or after the Ex-Date ie from 10 September 2013 onwards.

ruslimz

1,609 posts

Posted by ruslimz > 2013-09-11 17:31 | Report Abuse

pity ....still many investors dont understand how the stock market works.....but talk so confident.......bursa has to do something....stock market school....

0bucks

253 posts

Posted by 0bucks > 2013-09-11 17:32 | Report Abuse

ruslimz what you mean ?

ruslimz

1,609 posts

Posted by ruslimz > 2013-09-11 17:58 | Report Abuse

there is investor who said selling scable at current price is a fool. Why fool. If for example an investor sold his share 1.53 to day. If he bought
the share before ex at 1.70 he already made profit of RM 140 per lot. If 10 lots already RM 1400 profit. Is this a fool...!!!!!!

lwalk

1,144 posts

Posted by lwalk > 2013-09-11 18:27 | Report Abuse

ruslimz, obviously you're basing that at 1.70. and obviously if you use that price as an example there is profit to be made. yalah how wiseeeeeeeeee right? there are many other price buying points, like obucks who bought high. selling at a loss at this point in time is a fool. you seem to know everything. perhaps bursa can hire you to educate others at the stock market school.. many will sign up!

lwalk

1,144 posts

Posted by lwalk > 2013-09-11 18:33 | Report Abuse

can't wait to attend ruslimz bursa stock market school... he must be as good as warren buffet.. woohoo!

ruslimz

1,609 posts

Posted by ruslimz > 2013-09-11 18:51 | Report Abuse

loosing money in stock market is common......you cannot say they are fools

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