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

zoomboom

2,168 posts

Posted by zoomboom > 2014-04-07 23:05 | Report Abuse

Thx cherry tomato. When will election start?

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-08 01:02 | Report Abuse

Something brewing ...........

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-08 01:09 | Report Abuse

Something positive brewing with interest building up???

frenlyme

63 posts

Posted by frenlyme > 2014-04-08 11:00 | Report Abuse

Scable not trading today?

zoomboom

2,168 posts

Posted by zoomboom > 2014-04-08 12:19 | Report Abuse

yummy coffee taste.... brewing.... must make sure the aroma is perfect....

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-10 02:19 | Report Abuse

Now Dow Jones is climbing +137 points!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-10 10:18 | Report Abuse

Cantekk! +181 at closing bell. Market getting bullish again. Will klse follow??

Posted by AzmiMerican > 2014-04-10 11:09 | Report Abuse

nampak macam sudah over la, will drop back to below 1.50 again. adoi

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-10 20:20 | Report Abuse

Taib sakit untut, harga mau naik terbantut.

jackson87

475 posts

Posted by jackson87 > 2014-04-10 20:22 | Report Abuse

Counter ni
Pelik Pelik la
Selalu one day show
Kalau contra kaki macam lim Jual
Seluar dalam pun Mungkin

Kekkekkekekekle

Posted by AzmiMerican > 2014-04-11 12:43 | Report Abuse

O.. tiba-tiba naik! Macam mana, ada good news??

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-11 15:56 | Report Abuse

Watch out this counter closely! It like you boil water. Bubble keep popping up. Tunggu it's boiling, very soon.

zoomboom

2,168 posts

Posted by zoomboom > 2014-04-13 23:43 | Report Abuse

ong lai ! ong lai ! huuat ar !

Posted by Anthony Wong > 2014-04-14 10:08 | Report Abuse

Remain 52 degree.. not boiling yet...

Posted by AzmiMerican > 2014-04-14 14:11 | Report Abuse

More like going into freezer instead.

cherry tomato

1,880 posts

Posted by cherry tomato > 2014-04-14 14:25 | Report Abuse

will drop back below 1.40

Posted by Anthony Wong > 2014-04-14 16:11 | Report Abuse

Like TitiJya...will move up to RM 2.1o

Posted by AzmiMerican > 2014-04-14 18:10 | Report Abuse

Mungkin, tapi bila???

Likely will drop tomorrow, TA nampak sudah kaput.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-17 02:29 | Report Abuse

Dow Jones +114 points now.

cherry tomato

1,880 posts

Posted by cherry tomato > 2014-04-17 04:55 | Report Abuse

COMA + ICU counter

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-17 10:41 | Report Abuse

SCable will join the frenzy day today??

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-18 00:19 | Report Abuse

Someone kasi knock kepala SCAble! Hoi!!! Bangun lah. People lari already.... And you still sleeping????

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-18 13:15 | Report Abuse

Buy ticket already or not?? Train is about to move.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-21 02:29 | Report Abuse

Some story from Brunei that could open up more opportunity to SCable if it materialises.

OBG sees big potential for Brunei in BIMP-EAGA region

DEBBIE TOO
BANDAR SERI BEGAWAN
Saturday, April 12, 2014

WITH the latest issue of the Oxford Business Group Report for Brunei currently underway, one of the focus the analytical team sees for the nation is Brunei’s role in the BIMP-EAGA (Brunei Darussalam-Indonesia-Malaysia-Philippines East Asian Growth Area) region.

In an interview with Paulius Kuncinas, regional editor for the OBG, he said that the OBG has noticed “a lot of activity” in places like Sarawak, Sabah, Kalimantan and Mindanao.

Kuncinas said that the growth trends being noticed is that capital cities in Southeast Asia - such as Manila, Jakarta and Kuala Lumpur - are increasingly being saturated in their consumer markets, and urban area growth are slowing down.

“What is happening in the secondary cities (such as BIMP-EAGA), is that the region is booming, and that’s a fact,” said Kuncinas citing growth numbers between seven to 10 per cent, compared to urban area growth which has been dropping to as low as three per cent.

The advantage for Brunei is that it is the only sovereign state that is close to these areas, which will allow the Sultanate the opportunity to provide connectivity, in terms of banking, and providing services such as business conferences or meetings.

“It can become a real gateway, or hub, so there is a lot of opportunity we think, in that theme, and also Brunei participating in these projects as one of their business,” said Kuncinas.

The OBG regional editor explained that traditionally, these highly fragmented areas are difficult to reach, and Brunei will be able to provide value in “connecting the dots” in the region.

“They have traditionally been underdeveloped, and that offers opportunity, I think, because they are where Malaysia and Indonesia were 10 years ago, so the growth potential is much higher and therefore more profitable,” he said, adding that Brunei is in close proximity to these activities.

Kuncinas said that Brunei could potentially be a broker for these areas, and help to put together some of the deals that are currently being done.

One example he cited was Sarawak’s hydro power plant development, which has huge access of electricity available for exports. “The main problem is that Mindanao is not connected to the (country’s) main grid, so the island is constantly suffering from chronic outages and blackouts, and is underpowered,” he said.

Kuncinas explained that Mindanao is unable to service its own residential demands, let alone supply enough power for industrial purposes.

“When you have this cheap electricity available in Sarawak which is ready for export, the one thing that is missing is an undersea cable which is expensive and tricky, and I think this is one tangible area where Brunei can step in and say that they want to share in this deal.”

Kuncinas further explained that Brunei would be able to free up some of its LNG (liquefied natural gas) for exports and purchase cheap hydro electricity because it would be more profitable to sell gas abroad than to consume it locally.

“It can also get a share of royalties and transit costs onto the sea cable to connect Sarawak and Mindanao, so it co-invests and becomes a transit city,” said Kuncinas, adding that Brunei could be a transit country for certain key high value products.

The Brunei Times

If they need more cables works, SCable will be in the position to help!

Abudance

2,211 posts

Posted by Abudance > 2014-04-21 21:02 | Report Abuse

Today SCABLE declared 1.5 sen dividend. If d Brunei JV for electricity happens.. This will kick start for selling electricity to nearby region.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 02:58 | Report Abuse

Hmmm...... Thinking what more news that can jump start SCable.........

mirilang

411 posts

Posted by mirilang > 2014-04-25 09:47 | Report Abuse

a little bit movement....

Posted by AzmiMerican > 2014-04-25 09:59 | Report Abuse

Nak la Nak la Scable!

Chief Minister punya uncertainties a thing of the pass now, dust sudah settled.

Semua Sarawak counters are re-rated upward, CMSM dah, Naim dah, HSL dah, Scable la sekarang. More than 1.60 soon.

mirilang

411 posts

Posted by mirilang > 2014-04-25 12:00 | Report Abuse

Harap harap lah....

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 12:41 | Report Abuse

1.55 now! Thanks for you good chant Azmi.

Posted by AzmiMerican > 2014-04-25 14:13 | Report Abuse

jenab sama sama. I pun tengok you banyak posts too kat sini.

i dah celebrate da, makan steak for lunch. HaHa

Nak la Nak la Scable! GO GO GO!!

cherry tomato

1,880 posts

Posted by cherry tomato > 2014-04-25 14:31 | Report Abuse

well I mentioned early, this counter always one day show.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 14:49 | Report Abuse

Volume will cross 1 million today?? Something unusual??

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 14:51 | Report Abuse

Well, volume to close over 1 million today?? Wow, something interesting development!!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 14:52 | Report Abuse

All aboard!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 14:53 | Report Abuse

820k already now. Jangan terlepas.....

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 15:10 | Report Abuse

Coming to 900k volume now n steady at 1.55. Come to 1 million. Something brewing..... If can makan 1.56 and 1.58, it shows willingness of buyers. See how now.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 15:19 | Report Abuse

Wow! Volume crosses 900k with price 1.56!! Cepat masuk!!!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 15:21 | Report Abuse

Wow! Why talk 900', it already crosses 1.1 million!!!

Abudance

2,211 posts

Posted by Abudance > 2014-04-25 15:25 | Report Abuse

Cherry tomato .. Don't be sour grape lah. U also say wont cross rm1.40. Now I.56 already!
This is last Sarawak counter to go up!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 15:26 | Report Abuse

Block 1.56 cleared. Now assaulting block 1.57. If clears, SCable tumbuh wings and fly!

mirilang

411 posts

Posted by mirilang > 2014-04-25 15:28 | Report Abuse

SCABLE - NOTICE OF BOOK CLOSURE
LISTING'S CIRCULAR NO. L/Q : 70395 OF 2014
A First and Final Single Tier Dividend of 1.5 sen per ordinary share of RM0.50
each.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 2 July 2014 ]
2) The last date of lodgement : [ 4 July 2014 ]
3) Date Payable : [ 25 July 2014 ]
MANAGER, SEC. MARKET


25/04/2014 03:11 PM


Ref Code: 201404255100082

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 15:45 | Report Abuse

Volume already crossed 1.2 million! Can it cross 1.5 million?? This could be magic number for Scable in recent times. A starting of catch up game??

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 15:52 | Report Abuse

In case no one have posted this. For our info.

RM1.9 million pre-tax profit for Sarawak Cable in 4QFY13, with strong prospects ahead
Posted on March 1, 2014, Saturday

KUCHING: Sarawak Cable Bhd (Sarawak Cable) recorded RM1.9 million profit before tax (PBT) for the fourth quarter of the financial year 2013 (4QFY13).

In its 4QFY13 results announcement, the company said other income in the corresponding quarter of 2012 is higher than that of 2013 primarily due to recovery of bad debts amounting to RM 3.1 million.

Finance costs has also increased by 193 per cent compared to 4Q12 principally due to borrowings for working capital requirements and to finance an acquisition of a subsidiary in 2012.

The sale of power cables and conductors contributed 36 per cent of group revenue, making it the main contributor to the group’s operating profit in 2013 with most of its operations concentrated in East Malaysia.

Meanwhile, the sale of galvanised steel products and transmission tower contributed 14 per cent of the revenue of the group via its subsidiary whose sales and services are in this segment, concentrates mainly in East Malaysia.

The contract revenue segment is one of the group’s main source of revenue, contributing 49 per cent of the revenue of the group and is the main contributor to the group’s revenue in 2013.

Segment results for 4Q13 have declined mainly due to slow progress of current on-going contracts in the cumulative 4Q13 and partly due to amortisation of intangible assets (construction contracts) of RM4.1 million, it noted.

Despite the mediocre FY13 results, the group remains positive its prospects driven by the rapid infrastructural and utilities developments in Sarawak, spurred by Sarawak Corridor of Renewable Energy.

“With the government’s increased focus on development of rural areas in Malaysia, particularly in Sarawak, under the Government Transformation Programme coupled with the development of heavy industries under SCORE, there is an urgent need to enhance the electricity generation and power distribution capacity in the state to facilitate infrastructural and industrial developments in the years ahead.

“This will translate into a continuous and strong demand for power cables and conductors, steel products, transmission lines and towers. This augurs well for our group which has a long track record, capability and capacity to undertake various projects in the power transmission and distribution business,” it said.

Sarawak Cable added, “While some of our operations may not have met the group’s target, we believe that our strategy for our future prospects and growth bodes well with the government’s focus on development of the rural areas in the State of Sarawak.

“Overall, the group’s strategy remains focused on growing its power cables, steel products and contract revenue segments, with a view to achieve improving performance in the financial year ending December 31, 2014.”

Read more: http://www.theborneopost.com/2014/03/01/rm1-9-million-pre-tax-profit-for-sarawak-cable-in-4qfy13-with-strong-prospects-ahead/#ixzz2zsmxmEvV

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 16:15 | Report Abuse

Scable volume crosses 1.3 million with price holding well at 1.55.! Go Scable go!!

cherry tomato

1,880 posts

Posted by cherry tomato > 2014-04-25 16:17 | Report Abuse

jenabchen123 thank for your info

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-25 17:31 | Report Abuse

No big deal Cherry.

Relax

83 posts

Posted by Relax > 2014-04-25 21:50 | Report Abuse

Slow and steady win the race....

Abudance

2,211 posts

Posted by Abudance > 2014-04-28 00:42 | Report Abuse

Hope it continues going up trend!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-04-28 01:44 | Report Abuse

SCable time!

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