Posted by jenabchen123 > 2014-05-30 04:01 | Report Abuse

Contributions from the 500kV backbone line will kick in stronger from 2QFY14 onwards. Mahu masuk ini kali lah.

Posted by jenabchen123 > 2014-05-30 14:43 | Report Abuse

Cheap price now. Come and get it.

Posted by jenabchen123 > 2014-05-30 15:54 | Report Abuse

Ayo! Missed the sub 1.40 price........

You think they will comfortably bag the transmission package to link the proposed Balingian coalfired plant (2x300MW) in Mukah to the grid pretty soon??

Posted by jenabchen123 > 2014-05-31 13:12 | Report Abuse

For those who are new to Sarawak Cable, these are good summary about them.

Full Range of Expertise in Building Transmission Networks

Sarawak Cable is playing a key role in helping Malaysia build a world-class power-transmission network. The company, which incorporates long-time player Universal Cable Sarawak, operates two manufacturing lines to produce overhead aluminum bare conductors for up to 500 KV. Sarawak Cable also acquired Sarwaja Timur, a manufacturer of transmission towers. Rounding out its diverse offerings, Sarawak Cable has its own construction company that sets up transmission towers and lines. Aaron Toh Chee Ching, CEO explains, “Sarawak Cable is very competitive and will remain so because we do everything in-house.”

Mr. Aaron Toh Chee Ching foresees exceptional growth for his company. He says, “Transmission lines are a hot topic in Sarawak today. The Sarawak government is implementing a plan to put up a backbone line from Bintulu all the way up to Kuching to transport electricity seamlessly from Bintulu-area power stations. The central region and the SCORE zone will become a power-generation hub.” Sarawak is capitalizing on its enormous potential to supply hydropower-based energy to major industrial operations, and Sarawak Cable is crucial to this effort’s success.

Posted by jenabchen123 > 2014-05-31 13:25 | Report Abuse

Someone asking for Summary of Scable Annual Report 2013 and here is some info.

Sarawak Cable sees consistent revenue from power cable, conductor segment

KUCHING: Despite seeing a challenging year in 2013, Sarawak Cable Bhd (Sarawak Cable) expects to see consistent revenue and profits generated from its power cable and conductors segment.

The group in its Annual Report 2013 released late Monday highlighted that financial year 2013 (FY13) was a very challenging year in relation to the Group’s business and corporate activities after the company was listed about four years ago.

Group chairman Dato Sri Mahmud Abu Bekir Taib recapped that there were two corporate proposals in FY13, involving the rights issue and bonus issue and had been completed in July 2013 and September 2013 respectively.

“During the year, the company had also increased its equity interest in an overseas subsidiary, namely, PT Inpola Mitra Elektrindo from 65 per cent to 78 per cent, a company involving in the construction of a mini-hydro power plant in Indonesia,” he said in his chairman statement.

“The increase in equity interest would further enhance the management and gaining control of operations of the overseas subsidiary.”

The company is also working hard to broaden its business base into power lines construction, maintenance and services to improve revenue and profitability.

Overall, Sarawak Cable recorded a drop in revenue of 22 per cent from RM268.6 million in 2012 to RM208.7 million for the financial year under review.

The profit attributable to shareholders was down from RM5.9 million in 2012 to RM1 million in 2013, he added.

“In view of the enlarged share capital via rights and bonus issue during the year, the company’s net assets value per share had diluted from 97 sen per share in 2012 to 80 sen per share in 2013,” he noted.

“However, the shareholders’ funds of the company had increased from RM151.2 million in 2012 to RM223.6 million in 2013.

“The enlarged share capital of the Company would enhance the working capital of the Group to operate more aggressively to explore territories and participate in extended platform.”

Bekir went on to highlight that the power cables and conductors segment is able to generate very consistent revenue and profits supported by its wide customer base in Sarawak and Sabah whereas fabrication of steel products has also generated positive results from project related works.

“Overall, the manufacturing segment has generated about 50 per cent of the Group’s revenue and 50 per cent generated from contract segment. In terms of profitability, the manufacturing segment and contract segment has contributed 92 per cent and eight per cent respectively of the Group’s profits for the year under review.

“The substantial increase of Group’s order book amounting to RM756 million as at 31 March 2014 is expected to generate good revenue and profits in financial year 2014 and 2015.

“In addition to the existing order book, the group has continued to tender for projects nationally and overseas to sustain the company’s strategic objectives for growth and improve shareholders’ value. With the implementation of 500kV backbone transmission line in the State of Sarawak at the end of 2013, I anticipate that the group would be able to contribute reasonably good results in the next few financial years.”

Posted by jenabchen123 > 2014-06-01 12:30 | Report Abuse

Oversold position.

Posted by jenabchen123 > 2014-06-02 12:20 | Report Abuse

Scable steady at 1.42. The only way is up when the overall market sentiment recovers.

Posted by jenabchen123 > 2014-06-02 12:26 | Report Abuse

Analysts commented that there were no amortisations for jobs related to construction contracts in this quarter. As such, we expect margins to improve moving forward. It is also expected that recognition of the 500kV job (transmission package worth RM620mil) will only flow through strongly from 2QFY14 onwards due to gestation period.

Good positive story.

Posted by jenabchen123 > 2014-06-03 11:50 | Report Abuse

high foreign participation today.

Posted by dragonlim > 2014-06-10 10:54 | Report Abuse

Anybody can advise why the price was still continue dropping even dividend had declared? Should it need some Right Issue or Bonus Issue to boot it up?

Posted by cherry tomato > 2014-06-10 11:13 | Report Abuse

may I know how much the dividend?

Posted by dragonlim > 2014-06-12 10:14 | Report Abuse

1.5 cents per share.

Posted by Wei-Jun Young > 2014-06-12 10:29 | Report Abuse

Boring…

Posted by yloon > 2014-06-12 12:37 | Report Abuse

Very boring too

Posted by jahra > 2014-06-12 12:45 | Report Abuse

boring indeed, buy at 1.43 last week n keep dropping....

Posted by dragonlim > 2014-06-12 13:51 | Report Abuse

Need some booster factors else will be drifting between 1.4 & 1.5 .......

Posted by dragonlim > 2014-06-16 09:06 | Report Abuse

Why suddenly the volume quite high this morning with Open Price 1.47 .....?

Posted by frenlyme > 2014-06-16 09:56 | Report Abuse

Any good news? Havent heard of anything lately also

Posted by pang72 > 2014-06-16 11:10 | Report Abuse

.project award today?wait for today announcement lor

Posted by pang72 > 2014-06-16 11:19 | Report Abuse

Something is coming? It is abnormal volume

Posted by cherry tomato > 2014-06-16 11:26 | Report Abuse

this stock is like that. it up few minutes then will down kau kau for few months.

Posted by pang72 > 2014-06-16 11:32 | Report Abuse

Oooo....hope not for this round

Posted by 5231428 > 2014-06-16 12:31 | Report Abuse

Scable has turn to gold.

Posted by cherry tomato > 2014-06-16 12:35 | Report Abuse

pang72, me too. hope this time can uptrend.

Posted by pang72 > 2014-06-16 14:18 | Report Abuse

Scale buy leader cable n universal cable.

Posted by gpsman79 > 2014-06-16 14:18 | Report Abuse

http://www.theedgemalaysia.com/business-news/294546-update-sarawak-cable-to-buy-cable-producers-for-rm210m.html

Posted by pang72 > 2014-06-16 14:19 | Report Abuse

Scable shall be biggest cable player in Malaysia. Do what you want....monopoli

Posted by 5231428 > 2014-06-16 14:51 | Report Abuse

good news thats why it goes up.

Posted by crawler > 2014-06-16 15:04 | Report Abuse

oh oh..losing power

Posted by cherry tomato > 2014-06-16 15:26 | Report Abuse

aiii always same trend.

Posted by AzmiMerican > 2014-06-16 15:26 | Report Abuse

apa macam?? is this a good deal?? siapa pandai please advise. thanks

Posted by cherry tomato > 2014-06-16 15:31 | Report Abuse

no details about this deal.
Furthermore it will increase gering of the company will now are very high gearing.

Posted by AzmiMerican > 2014-06-16 15:40 | Report Abuse

i bought at 1.49 dulu... i sell lah

Posted by AzmiMerican > 2014-06-16 15:41 | Report Abuse

i dah lama tunggu tunggu, fed up da

Posted by cherry tomato > 2014-06-16 15:42 | Report Abuse

lucky u AzmiMerican

Posted by pang72 > 2014-06-16 18:40 | Report Abuse

please read the sharing by sifu..........
http://unclezmalaysia.blogspot.sg/?m=0

Posted by pang72 > 2014-06-16 18:41 | Report Abuse

It growing

Posted by RonnieKimLondon > 2014-06-16 21:11 | Report Abuse

Sarawak Cable will have a near monopoly on power & telecom cable manufacturing in Malaysia

Posted by upsidedown119 > 2014-06-16 21:48 | Report Abuse

The market knew all these long time ago, yet no reaction. Price should have shot up to >RM2 long ago!

Posted by pang72 > 2014-06-16 22:04 | Report Abuse

this stock is full control by insider. it can rise in the morning then drop in afternoon

Posted by pang72 > 2014-06-16 22:05 | Report Abuse

now shall be time for it to pick up as it monopolize business model

Posted by 5231428 > 2014-06-16 22:35 | Report Abuse

still got time to collect at current low price.

Posted by pang72 > 2014-06-16 22:42 | Report Abuse

52week low was at 1.38 , current price at 1.54....so downside risk is almost minimum. potential upside will spin by all these corporate exercise ...project ...and so on

Posted by pang72 > 2014-06-16 22:44 | Report Abuse

dun forget out that unclez got a group of fans from i3 will definitely grab this stock .

Posted by jenabchen123 > 2014-06-17 02:35 | Report Abuse

Boom! Boom! Boom!

Posted by jenabchen123 > 2014-06-17 02:39 | Report Abuse

Monopoly and profit margin ........... Big funds mesti suka punya!

Posted by newboy > 2014-06-17 02:52 | Report Abuse

cheers!!!

Posted by AzmiMerican > 2014-06-17 09:43 | Report Abuse

Hopefully, buying these two companies is based on good business sense,bukan because some cable companies punya bosses mahu cash out sebab itu powerful CM dah tak ada lagi dan projects mungkin kurang in future

Posted by jenabchen123 > 2014-06-17 09:53 | Report Abuse

Scable making a move. Buyers piling up.

Posted by jenabchen123 > 2014-06-17 09:56 | Report Abuse

If clear 1.58, it will sail!