Posted by jenabchen123 > 2016-05-06 12:51 | Report Abuse

Sudah start lari ini SCable. Dividend 5 sen... Proxy share to Sarawak election.... What else could be better reason to buy?

Posted by jenabchen123 > 2016-05-06 12:52 | Report Abuse

1.50 easily today I think....

Posted by jenabchen123 > 2016-05-06 12:57 | Report Abuse

But the average target price for SCable is 2.36?? Yummy!!!

Posted by jenabchen123 > 2016-05-06 12:58 | Report Abuse

HLG targets far much higher at 2.49.......

Posted by duenchan > 2016-05-06 14:03 | Report Abuse

I think HLG target is a little unrealistic. Also, the price of this counter seems to be controlled by those big sharks, short term investors be ware.

Posted by jenabchen123 > 2016-05-06 14:36 | Report Abuse

Noted. Let us just ride the Sarawak election wave! With wave, sharks are lurking while we surfing.....

Posted by jenabchen123 > 2016-05-06 14:41 | Report Abuse

AMMB giving TP 2.20 for SCable.

Posted by jenabchen123 > 2016-05-06 14:53 | Report Abuse

SCable reported 4QFY15 results with revenue of RM423m (+353% YoY, +10% QoQ) and core earnings of RM11m (4QFY14: -82m loss, +145% QoQ).

Full year FY15 core earnings totalled RM40m, compared to a -RM79m loss in FY14 (after stripping out negative goodwill of RM103m from the acquisition of Leader Universal)

Such good news typically made share price jump and leaping. SCable not getting enough coverage by stock analysts.....

Posted by jenabchen123 > 2016-05-06 14:54 | Report Abuse

And it touches 1.50 now!!!

Posted by jenabchen123 > 2016-05-06 15:53 | Report Abuse

RM4m+ transaction up to this hour. Not bad.

Posted by jenabchen123 > 2016-05-06 15:54 | Report Abuse

Volume will cross 2m for today?

Posted by jenabchen123 > 2016-05-06 15:55 | Report Abuse

Block at 1.50... If breaches cleanly, next week a good sign.

Posted by Redz1 > 2016-05-06 16:32 | Report Abuse

nice jenabchen. good feedback

Posted by sengtong88 > 2016-05-06 17:48 | Report Abuse

Next Sarawak giant stock in making.

Posted by Redz1 > 2016-05-08 00:05 | Report Abuse

Yes, sengtong88 and jenachn123. Can go higher than 2.20 . BN wins , so now all the promises has to be fulfulled. So infra weeks needs to start and Scable will be very very busy. Together with CMSB.

Posted by sengtong88 > 2016-05-08 07:27 | Report Abuse

haha...show time on Monday...

Posted by Sebastian Sted Power > 2016-05-09 09:22 | Report Abuse

hsl

Posted by moha > 2016-05-09 12:58 | Report Abuse

same as HSL...

Posted by joni > 2016-05-10 09:41 | Report Abuse

no support; look like its going to 1.41

Posted by firehawk > 2016-05-10 15:25 | Report Abuse

so yam gong :-(

Posted by Abudance > 2016-05-11 05:30 | Report Abuse

5 Sen dividend coming end June. May go down to 1.45 but somehow ... It will go up again to 1.50-1.60 before decided.

Posted by Johnson Wong > 2016-05-11 10:37 | Report Abuse

KUCHING: Barisan Nasional (BN) winning a landslide victory in the 11th Sarawak Election, clinching yet another two-thirds majority, could push Sarawak stocks towards a rebound as they have dipped over the past month.

These include Hock Seng Lee Bhd (HSL), KKB Engineering Bhd, Sarawak Cable Bhd, Jaya Tiasa Holdings Bhd (Jaya Tiasa), Ta Ann Holdings Bhd (Ta Ann), and Cahya Mata Sarawak Bhd, said AmInvestment Bank Bhd (AmInvestment Bank) in a report yesterday.

“HSL has fallen by some 10 per cent from RM2 share a month ago,” it detailled. “We believe HSL deserves a higher valuation, following its securing of two major contracts over the last month.

“They are the RM750 million second package Kuching central wastewater project and the RM1.7 billion Package 7 of the Pan Borneo Highway. The primary question now is whether it can deliver the result.”

Yesterday, HSL dropped two sen to close at RM1.80 per share, with 2.27 million shares traded.

HSL is now currently trading at 11.3 times against AmInvestment Bank’s financial year 2016 forecast estimates for earnings per share (EPS).

This means that its price earnings ratio (PE) for the past three years is 12.5 times.

“We have a buy on HSL, and our target price of RM2.80 per share tags it at 16.4 times FY16F,” it added.

For timber stocks, AmInvestment Bank observed that Ta Ann and Jaya Tiasa have fallen between six per cent and 10 per cent, respectively, over the past one month.

“While it has partly to do with declining log prices from a high of US$270 per cubmc metre last year, investors also feared an election result that could jeopardise their timber concessions,” it added.

Ta Ann closed unchanged at RM4.74 per share, while Jaya Tiasa closed three sen lower at RM1.35 per share.

“To note, all of their timber concessions have expired and are being extended annually, pending the state’s decision on longer term plan to grant the timber players a longer concession period of 60 years.

“Though the degree of decline of log prices is still not clear ahead of the companies’ result announcement this month, it could be over 20 per cent from last year’s high, with the prices now averaging about US$220 to US$225 per cubic metre.”

Ta Ann has said it had already anticipated log prices to moderate in the beginning of the year but expected it to trend higher in the following months. Jaya Tiasa’s log prices are lower as a portion of its logs is sold in the domestic market.

“We maintain our hold call on Ta Ann, with a fair value of RM5.28 per share. A 1-for-5 bonus issue is pending,” it added. “Jaya Tiasa is still a buy, with a fair value of RM2.18 per cent share, as we continue to expect its fresh fruit bunch yield to recover, which will have a significantly impact on its palm oil division.”

For local engineering player KKB Engineering Bhd, AmInvestment Bank saw that its price has held steady, down three per cent from a month high of RM1.68 per share on April 22.

Yesterday, KKB rose by two sen to RM1.65 per share at closing.

“We maintain buy with a fair value of RM2 per share. While we expect its 1HFY16 results to be poor – given the lack of conventional job awards so far into 2016 – its prospects remain promising, with a package of the Pan Borneo Highway still within sight.

“As we have also previously noted, KKB stands also good chance in securing jobs to supply steel products for the massive highway project in the form of water pipes, steel poles, guardrails, and bridge steel beams and piles.”



Read more: http://www.theborneopost.com/2016/05/10/election-boost-for-sarawakian-counters-as-analysts-predict-price-rebound/#ixzz48JL3XCJn

Posted by jenabchen123 > 2016-05-12 16:22 | Report Abuse

It should cross 1.50 today. Buyers overwhelming sellers now....

Posted by jenabchen123 > 2016-05-12 16:23 | Report Abuse

And trading buy from Kenanga.

Posted by Redz1 > 2016-05-16 15:47 | Report Abuse

Cannot blame on Scable. KLCI down, down and down. It will go up soon .

Posted by firehawk > 2016-05-20 10:23 | Report Abuse

so yam goong ... some ppl think is mrkt, but today .....

Posted by duenchan > 2016-05-20 14:36 | Report Abuse

Don't worry QR is coming next week, it should be good. Drop more buy more..

Posted by Johnson Wong > 2016-05-20 15:14 | Report Abuse

Good QR + incoming new project

Posted by HowAh > 2016-05-25 12:15 | Report Abuse

Omg sliding cable

Posted by TonyChang > 2016-05-25 13:28 | Report Abuse

nope, the result is bad.

Posted by Johnson Wong > 2016-05-25 14:44 | Report Abuse

let see tom result

Posted by TonyChang > 2016-05-25 16:14 | Report Abuse

make sure ur heart is steady.

Posted by vcheekeong > 2016-05-25 17:19 | Report Abuse

Immune already..doesn't matter results good or not

Posted by duenchan > 2016-05-25 18:02 | Report Abuse

I keep adding, more than half of my portfolio is Scable now.... Crossing my fingers.

Posted by TC Link > 2016-05-25 22:11 | Report Abuse

I have increased my investment portfolio with SCABLE! Waiting for it to rebound now. This share is for mid term so I'm willing to wait for the next 6 months for a good return! Good luck!

Posted by Jack Wong > 2016-05-26 21:28 | Report Abuse

Where is the result?muscle, Can we have it? Even this quarter result is no very good. But for this 5 years most of the project in sarawak is on going. And only sarawak company can get the project. Come on, sell all u scable.We are willing to collect it.

Posted by firehawk > 2016-05-26 22:40 | Report Abuse

this Q result is NG but hv potential, bcos got many contracts in hand ....

Posted by K.H > 2016-05-26 23:50 | Report Abuse

PRESS RELEASE
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5105761

Posted by Jack Wong > 2016-05-27 09:12 | Report Abuse

The qr is good. Still earning

Posted by smohd02 > 2016-05-27 11:05 | Report Abuse

Why price down maa???

Posted by chooheng > 2016-05-27 20:00 | Report Abuse

this share hardly rarely go to 1.3x. anyway never say never. But if it does, then good opportunity.

Posted by Xiao Ling > 2016-05-29 10:43 | Report Abuse

Show hand... all in...

Posted by smohd02 > 2016-05-30 09:09 | Report Abuse

When is x date? Today? Tomollo?

Posted by Jack Wong > 2016-06-02 09:43 | Report Abuse

Sell all please. Every one sell please. So, we can collect more lots for the dividends n profit. Hahaha

Posted by StockWalker > 2016-06-02 11:18 | Report Abuse

it time to rebound .hehe

Posted by valueinvestor > 2016-06-02 20:54 | Report Abuse

KUCHING (Thursday, 26 May 2016), Sarawak Cable Berhad (SCABLE – Stock Code 5170)
had its Annual General Meeting (AGM) held on 26 May 2016 with all the proposed agenda
approved by shareholders.

On the same day, the Group announced it recorded an unaudited revenue of RM364.46 million
and pre-tax profit (PBT) of RM5.77 million for the financial quarter ended 31 March 2016
(1Q16). Commenting on the results, the Group Managing Director, Mr Aaron Toh, is happy to
see that despite the slowdown in economy and less favourable market conditions during 1Q16,
the Group managed to record a profit after tax (PAT) of RM3.91 million.

Mr Toh is cautiously optimistic on the Group’s outlook for FY2016 supported by an order book
in hand of around RM1.38 billion, of which, more than RM500 million is from manufacturing
division while the remaining is from the on-going projects. He asserted that sales revenue from
manufacturing division will see accelerated growth towards Q2 and Q3 of 2016 and is confident
that this division shall out-perform that of FY2015 which recorded sales of approximately
RM900 million. In terms of project division, continuous efforts in bidding for new project has
always been on-going and is expecting to sustain the contribution from this division despite
some delays in tenders during 1Q16.

"Riding on continuous infrastructure developments under the Sarawak Corridor of Renewable
Energy (SCORE) and the potential spins-off demands from Pan Borneo Highway development,
the Group foresees further boost in its order book from potential participation (whether directly
or indirectly) in the related electrical packages as well as installation works."
The Group is also on the move to increase its export sales and readying its mini-hydro power
plant in Indonesia for commissioning by Q4 this year to increase its revenue from overseas
operations.

Mr Toh further commented that the total cash dividend declared for FY2015 is totalling 6 sen, of
which an interim dividend of 1 sen was paid in 2015 and the final dividend of 5 sen shall be
payable on 29 July 2016 with the entitlement date set as 1 July 2016.

Posted by Redz1 > 2016-06-07 17:47 | Report Abuse

Time to move scable

Posted by TC Link > 2016-06-09 09:18 | Report Abuse

If I'm not mistaken the announcement for the winning of the project will be released soon enough! Good luck to all the shareholders! Huat ah!

Posted by duenchan > 2016-06-09 11:17 | Report Abuse

Volume is very low. The gain may not be sustainable.

Posted by Jack Wong > 2016-06-09 12:36 | Report Abuse

Every one keep it for long term. Only a few are willing to sell. But the buyers no willing to pay higher prices for the stock. So, it cause the volume.low