ha ha ... this one can be considered as GLC, no prblem getting book log, but mgmt so so ... so, it can only shine when showing good profit margin, has potential .... :-)
Exactly what I have said Joni very pleased at least one other person understands, when the profits start to come in at the end of the year they will all wish they had brought at this price !
base on news that i had read b4...in my opinion this company got a potential to increase the share price, but the price maintain around 1.23 - 1.27....since a month ago, is that any possible that the share price will brake the 1.27 since many good news about this company...
The Board of Directors of Sarawak Cable Berhad (“Sarawak Cable” or “the Company”) is pleased to announce that the Company has on 18 November 2016 accepted a Letter of Award from Shorefield Sdn. Bhd. dated 8 November 2016 for the supply to Pan Borneo Highway development – utility packages (“the LOA”). The LOA value is Ringgit Malaysia Twenty Million Four Hundred and Fifty-Three Thousand Two Hundred and Sixty and cents Eighty-Six only (RM20,453,260.86). The value of the LOA is a provisional sum of the initial few packages.
The LOA is expected to contribute positively to the earnings and net assets of the Sarawak Cable Group for the financial years ending 2017 to 2019.
With q4 hydropower plant in indonesia income start( estimated 5m profit) potential award from baleh(8 package ard 9b..maybe 1b can get) mrt2 n lrt3 cable(mrt1 supplier) Pan borneo highway 2 to 3 utilities packages (ard 400-600m) More transmission line work and cable order from TNB n SEB More cable export to oversea(usd new high)
@kevin008 Yes, i agree with you. Scable is Government Related Company, Chairman- DATO SRI MAHMUD ABU BEKIR TAIB. The son of Tun Pehin Sri Haji Abdul Taib bin Mahmud is the Yang di-Pertua Negeri of Sarawak. Their Company will get the project from the Federal government just a piece of cake. For instance: Pan borneo highway, kalimantan power station, cable supply for sarawak division, New hydropower ....... This share price will shoot to sky in one day. Just wait.
Compared to the passed 3 years revenues and earnings, Scable is at its best now. It really doesn't make sense for this counter to go 3-year low in price. Something is really wrong here,.
Guys, election is nearby. There is be more contract will be announed soon. Due to improve the facility in village and town in sarawak. Scable will benefit from it. Just stay stuned.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Angielim9955
2,049 posts
Posted by Angielim9955 > 2016-08-28 00:12 | Report Abuse
Firehawnk. Angel here