Posted by jenabchen123 > 2014-06-17 10:07 | Report Abuse

It gonna be interesting 2 months for Scable.

- SCable have 60 days to carry a due diligence before it decides to enter into a share sale agreement (SSA). HNG will not offer to sell the shares to other parties during the period.

- Under the SSA, HNG will guarantee a total PBT of RM21mil at the two companies for FY14F ending Dec. Any shortfall will be paid by HNG.

- We view the offer positively as it will fortify SCable as the leading cable manufacturer in the country with an estimated market share of over 50%.

Posted by penguin > 2014-06-17 11:58 | Report Abuse

Buy

Posted by penguin > 2014-06-17 11:59 | Report Abuse

Go go..

Posted by cherry tomato > 2014-06-17 16:06 | Report Abuse

1 day show again.
Same like past trend.
SHIT counter.

Posted by gpsman79 > 2014-06-17 16:13 | Report Abuse

like pussy cat

Posted by AzmiMerican > 2014-06-17 16:46 | Report Abuse

cable companies punya bosses mahu cash out kut

powerful CM dah tak ada lagi, projects mungkin kurang in future

Posted by AzmiMerican > 2014-06-18 10:19 | Report Abuse

Proposed Acquisitions) had accepted a conditional offer made by HNG Capital Sdn Bhd ("HNG") (“Conditional Offer”) for SCB to acquire 100% equity interest ("Sales Shares") in Universal Cable (M) Bhd ("UCMB") and Leader Cable Industry Berhad ("LCIB") (collectively referred to as the “Target Companies”) from HNG for an indicative purchase consideration of RM210,000,000 ("Purchase Consideration")

HNG shall guarantee that the total profit before taxation ("PBT") of the Target Companies for the financial year ending 31 December 2014 shall be not less than RM21,000,000.



"PBT" not less than RM 21,000,000, after 25% tax lebih kurang RM 15,750,000

RM 210,000,000 ("Purchase Consideration")

jadi PE 13.33

tak murah i think, betul??

Posted by jenabchen123 > 2014-06-19 01:45 | Report Abuse

It will scale to 1.70 first, then the 2 and when Balingian comes in baru fly over 2.

Posted by jenabchen123 > 2014-06-19 02:52 | Report Abuse

To solidify market position.

Posted by AzmiMerican > 2014-06-19 12:41 | Report Abuse

Tak ada power, Scable disappointing again

Posted by jenabchen123 > 2014-06-20 05:00 | Report Abuse

UncleZ on value investing in Scable. Interesting facts:

1) 500kV transmission line contracts. 2 of the 4 packages worth RM619 million are already in hand. The other 2 packages were awarded to other contenders. But, and it is a big but, these 2 contenders have to buy cables from someone in order to execute the jobs. Guess from who.

2) High chance to get a big slice of the contract on electrical works from the state government.

3) To clinch more jobs related to hydropower projects because of their strategic partnership with SEB.

4) Awarded with power contract in neighbouring country which can be viewed quite similar to IPP contract that we used to call here.

5) More contracts from TNB to improve transmission service which is said to be worth over RM2 billion.

Sure you do not want to grab a piece and ride the fortune soon? Huat arghhhhh Scable.

Posted by jenabchen123 > 2014-06-20 12:19 | Report Abuse

Azmi, dont disappoint too fast. Time to accumulate. Kasi tambah satu lorry!

Posted by bonescythe > 2014-06-23 01:26 | Report Abuse

SCABLE - Scoring to a new high
http://bonescythe.blogspot.com/2014/06/scable-scoring-to-new-high.html

Posted by AzmiMerican > 2014-06-23 08:18 | Report Abuse

Nothing baru in this blog, semua all we here knew dah lama dah.

I baca The Star, the PE for the two cables companies Scable nak beli tu memang 13x. That article also tulis the profit margin for that dua companies are very low. Bikin I worry.

Posted by tewnama > 2014-06-23 09:24 | Report Abuse

Azmi, kamu ada saham ini ke?

Posted by jenabchen123 > 2014-06-23 11:30 | Report Abuse

Moving beyond 1.55 now!

Posted by 5231428 > 2014-06-23 11:56 | Report Abuse

sudah mou jalan.

Posted by thesteward > 2014-06-23 12:09 | Report Abuse

yes...looks like momentum sudah nak jalan

Posted by jenabchen123 > 2014-06-23 12:14 | Report Abuse

Touching 1.57 now.

Posted by bonescythe > 2014-06-23 15:16 | Report Abuse

Wowowowowowow...

162

Posted by cherry tomato > 2014-06-23 15:22 | Report Abuse

Bonescythe u are amazing

Posted by gpsman79 > 2014-06-23 15:29 | Report Abuse

new promoter of scable - bonescythe

Posted by 5231428 > 2014-06-23 15:30 | Report Abuse

still not to late to buy.

Posted by bonescythe > 2014-06-23 15:33 | Report Abuse

Azmi... Yea.. My blog is just another blog..
Hahahaha

Posted by 5231428 > 2014-06-23 15:36 | Report Abuse

More buyers coming.

Posted by jenabchen123 > 2014-06-23 15:37 | Report Abuse

Meletop!!! Wow wow wow!!!

Posted by AzmiMerican > 2014-06-23 15:38 | Report Abuse

ini nak sebab Scable buying dua companies tu, not because of the projects you say in your blog which are all old news

anyway, you tak comment pun about dua companies tu??

Posted by jenabchen123 > 2014-06-23 15:38 | Report Abuse

When UncleZ and Bonescythe joining force, things brewing really goooood! Happy ride!

Posted by bonescythe > 2014-06-23 15:40 | Report Abuse

Ok Azmi, next time dun read ya

Posted by cherry tomato > 2014-06-23 15:41 | Report Abuse

jenabschen123 still have to wait till it stay above 1.65

Posted by AzmiMerican > 2014-06-23 15:48 | Report Abuse

I ada Scable dah lama, betul you punya blog nothing new

Your blog punya timing ok lah, good timing tapi I rasa the price pun memang pun dah nak naik

Anyway, your comment on dua companies tu??

Posted by AzmiMerican > 2014-06-23 15:49 | Report Abuse

Cherry harap harap not one day show again

Posted by cherry tomato > 2014-06-23 15:51 | Report Abuse

AzmiMerican saya pun harap besok bangkit lagi.
so break 1 day show punya tagline for SCable.

Posted by bonescythe > 2014-06-23 15:51 | Report Abuse

TM rolling out another 10k towers. Focus in Sabah Sarawak coverage. That is for Leader Cable.

And the project in Miri and Kalimantan line RM400m going to announce soon

Posted by cherry tomato > 2014-06-23 15:53 | Report Abuse

Bonescythe might to share when the announcement date.

Posted by thesteward > 2014-06-23 15:56 | Report Abuse

aka-bonescythe i notice you make very good calls a few times. thanks for all the sharing.

Posted by tewnama > 2014-06-23 15:58 | Report Abuse

meletup dah !!!

Posted by bonescythe > 2014-06-23 15:58 | Report Abuse

Ya.. but people come banging door say is ordinary .. maybe is coincidence.

Posted by bonescythe > 2014-06-23 15:58 | Report Abuse

Have fun with your cables then :D
Bye

Posted by gpsman79 > 2014-06-23 16:01 | Report Abuse

TM 10k tower business, not sure will benefit to Sarawak Cable ? Understand Sacofa is front runner of the project

Posted by tewnama > 2014-06-23 16:04 | Report Abuse

tak naik marah. naik pun marah. habis? mana satu mahu?

Posted by jenabchen123 > 2014-06-23 16:18 | Report Abuse

Manusia la Tew.... naik pun dia marah pasal lupa mau angkat.

Posted by zoomboom > 2014-06-23 18:23 | Report Abuse

Hepi untuk bros jenab dan tewnama. :-) nampaknya sudah bangun dari komatose state.. Huat ah!

Posted by AzmiMerican > 2014-06-23 19:42 | Report Abuse

I too juga happy Scable naik tapi I harap it is based on something solid like beli dua cable companies tu good idea, tak tahan lagi nak entah kenapa then one day show again

Posted by 5231428 > 2014-06-23 23:37 | Report Abuse

Tomorrow will fly.

Posted by jenabchen123 > 2014-06-24 02:28 | Report Abuse

Up and away. Buyers twice of sellers. Exciting opening tomorrow. Will it crosses 1.70?

Posted by wachin > 2014-06-24 10:14 | Report Abuse

one day show again??

Posted by 5231428 > 2014-06-24 15:18 | Report Abuse

not for contra players.

Posted by cherry tomato > 2014-06-25 11:32 | Report Abuse

nampaknya SCable another 1 day show again.

Posted by AzmiMerican > 2014-06-25 12:27 | Report Abuse

cherry, kali ni to be fair better sikit, 2 3 days show.

But, also beli, mati