SARAWAK CABLE BERHAD

KLSE (MYR): SCABLE (5170)

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Last Price

0.16

Today's Change

+0.02 (14.29%)

Day's Change

0.13 - 0.16

Trading Volume

37,809,000


6 people like this.

4,738 comment(s). Last comment by Whiteevoque 18 hours ago

abangadik

2,305 posts

Posted by abangadik > 2017-06-05 11:48 | Report Abuse

plan ahead of time..future multibagger

kevin008

1,360 posts

Posted by kevin008 > 2017-06-05 11:54 | Report Abuse

start move dy..shd be contract coming

shahrin

106 posts

Posted by shahrin > 2017-06-05 16:47 | Report Abuse

Can buy now ?

yinkee92

158 posts

Posted by yinkee92 > 2017-06-05 17:11 | Report Abuse

i already start to buy from RM1.12 until now. total accumulate 500000 units of share. For me, nothing to worry about scable future. It's a good stock and no suspend.
Just collect before rocket launched.

kevin008

1,360 posts

Posted by kevin008 > 2017-06-05 19:19 | Report Abuse

good...see the blocking..same like last time before the tnb contract announcement
this time should be pan borneo contract

To recall the star news

http://www.thestar.com.my/business/business-news/2017/05/22/sarawak-cable-seeks-boost/

Meanwhile, Sarawak Cable has been shortlisted to participate in tendering for the Pan Borneo Highway project‘s power relocation works, and supplying power cables for the highway work packages.
“We have bid for the power relocation works for the entire stretch of two work packages.
“The outcome of the bids is expected in the next two months,” Toh said.

Ismylife73

699 posts

Posted by Ismylife73 > 2017-06-05 19:56 | Report Abuse

confirm got ady...no competitor rite?

shahrin

106 posts

Posted by shahrin > 2017-06-05 20:20 | Report Abuse

Thanks yinkee92, bought

kevin008

1,360 posts

Posted by kevin008 > 2017-06-05 22:58 | Report Abuse

As at 22/3/17

Dato Sri Mahmud Abu Bekir Taib hold 26.47 %
Sarawak Energy Berhad hold 16.53%

Do u think they will get the contract?

kevin008

1,360 posts

Posted by kevin008 > 2017-06-06 11:17 | Report Abuse

engine start soon hehe

Posted by Wong Chii How > 2017-06-06 12:37 | Report Abuse

I also confirmed to buy. It's a potential counter. Hold till it reached RM 3.00. Haha

yinkee92

158 posts

Posted by yinkee92 > 2017-06-06 14:04 | Report Abuse

Ismylife, i think Sarawak is different with other state. In here, mostly government big project goto GRC ( government related company) like Scable and CMSB. That why CMSB share price shoot from rm0.70 til rm4.20 in just few years. As they directly get the project from government and Sub-contract to the small company.

Both GRC is owned by Our Sarawak TYT and his family. U still think got people can beat them down. Sacble could be the second CMSB in future or maybe better than it.

EPS dropped as they had spent a lot in hydropwer plant indonesia. But once it completed , it will start to generate profit and lower their expense.

kevin008

1,360 posts

Posted by kevin008 > 2017-06-06 14:18 | Report Abuse

waiting boss Mr Toh confirm the commencement of hydropower plant in indonesia
i remember last time he said the plant can generate 5-6m income per qtr.

K.H

291 posts

Posted by K.H > 2017-06-06 16:05 | Report Abuse

Riding on Sarawak infrastructure projects
http://klse.i3investor.com/blogs/hleresearch/124742.jsp

yinkee92

158 posts

Posted by yinkee92 > 2017-06-06 16:13 | Report Abuse

Company profile. Sarawak Cable (Scable) is involved in several business segments, which include (a) power and telecommunication cables (b) galvanized products and steel structure, (c) transmission lines construction and (d) power generation, helicopter services and corporate services.
Signs of stabilisation amid potential recovery of cable segment. Contribution of this business division to revenue improved strongly in 1QFY17 to 83.0% from 66% in FY16 (FY15: 52%) as market demand for cable products improved, reinforced by several exceptional orders received. Revenue of power and telecommunication cables segment grew 12.6% to RM856.6m in FY16 (FY15: RM760.6m). Also, this segment is the main contributor to the Group’s profit in 1QFY17.

Proxy to Sarawak infrastructure play. Outlook remains steady as mega projects such as Pan Borneo Highway, TRX, MRT2, LRT3, coupled with the implementation of Bekalan Elektrik Luar Bandar (BELB) may spur the demands of cables in the local markets. Furthermore, Sarawak Energy Berhad (SEB) will be implementing budgeted projects to meet shortage of power supply within Sarawak. Scable expects transmission lines amounting to more than RM500m in value will be rollout by SEB in 2017.

Technical outlook. Share price of Scable has been building a base around the RM1.10 level over the past six months. After the long consolidation, share price is now traded towards the SMA200 level, accompanied by healthy volumes. We expect buying interest to take more aggressive stance once the price advances above RM1.16. Price targets will be envisaged at around RM1.25-1.30, followed by a LT target of RM1.40. Meanwhile, support will be pegged around RM1.10-1.12, with a cut loss point located around RM1.07.

yinkee92

158 posts

Posted by yinkee92 > 2017-06-06 16:14 | Report Abuse

No need to worry about this stock. Guarantee up up up.
So many mega project will direct and indirect benefit Scable.
Scare what?

yinkee92

158 posts

Posted by yinkee92 > 2017-06-06 16:27 | Report Abuse

If the news or project announced, u will never got the chance to buy such a low price.

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-06 23:31 | Report Abuse

This kind of movement... this just prelude that something is brewing and most likely got chance to gap up. We shall see.

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-06 23:32 | Report Abuse

Huat arghhhhhhhhhh!!!!!

Patron

1,163 posts

Posted by Patron > 2017-06-07 08:45 | Report Abuse

Today's theedge FD - "Taib's son sells CMS to repay debts."

The crock sold CMS but keep SCB- does that mean SCB has better future prospects ?

yinkee92

158 posts

Posted by yinkee92 > 2017-06-07 09:38 | Report Abuse

Of course Scable is better. CMS price already at the top.
But Scable now only start to move.
Which will you keep and sell? Ask yourself.

yinkee92

158 posts

Posted by yinkee92 > 2017-06-07 09:44 | Report Abuse

Dont rush to sell. More to go.
Will up til RM2.XX in near future.

mamafarah

97 posts

Posted by mamafarah > 2017-06-07 09:55 | Report Abuse

Go..go...tp 3

kevin008

1,360 posts

Posted by kevin008 > 2017-06-07 11:13 | Report Abuse

should be contract awarded loh

kevin008

1,360 posts

Posted by kevin008 > 2017-06-07 11:13 | Report Abuse

pan borneo one..
Sarawak energy one second half of the year hehe
hydropower waiting boss announcement hehe

K.H

291 posts

Posted by K.H > 2017-06-07 11:31 | Report Abuse

Taib’s son sells CMS shares to repay debts
http://www.klsescreener.com/v2/news/view/241713/taib-s-son-sells-cms-shares-to-repay-debts

Posted by fishing_leg > 2017-06-07 12:08 | Report Abuse

Yes, spend a lot. So, don't get so pump up

yinkee92

158 posts

Posted by yinkee92 > 2017-06-07 12:16 | Report Abuse

Volume is coming. Will continue up to RM1.30.
New projects annouched will start to move up to RM1.7X and more

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-07 12:32 | Report Abuse

Go Scable go!!!!

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-07 12:35 | Report Abuse

Looking for Scable to breach 1.30 this week??

yinkee92

158 posts

Posted by yinkee92 > 2017-06-07 17:43 | Report Abuse

I think it will breach to RM1.35 in this week.
As more and more buyer notice this hidden gems

yinkee92

158 posts

Posted by yinkee92 > 2017-06-07 17:44 | Report Abuse

Proxy to Sarawak infrastructure play. Outlook remains steady as mega projects such as Pan Borneo Highway, TRX, MRT2, LRT3, coupled with the implementation of Bekalan Elektrik Luar Bandar (BELB) may spur the demands of cables in the local markets. Furthermore, Sarawak Energy Berhad (SEB) will be implementing budgeted projects to meet shortage of power supply within Sarawak. Scable expects transmission lines amounting to more than RM500m in value will be rollout by SEB in 2017.

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-07 20:56 | Report Abuse

1.35?? Yummy!!!

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-08 01:10 | Report Abuse

But if sails to 1.70 lagi lah yummy tummy.......

yinkee92

158 posts

Posted by yinkee92 > 2017-06-08 09:00 | Report Abuse

Soon will go above RM1.70 i believe.

Posted by Wong Chii How > 2017-06-08 15:39 | Report Abuse

现在不买,更待何时。
光明的前程,何止这个价位。
买就对了

Yplee

78 posts

Posted by Yplee > 2017-06-08 16:27 | Report Abuse

@wong chii how又在跌喔!

yinkee92

158 posts

Posted by yinkee92 > 2017-06-08 17:01 | Report Abuse

i think today is t-3 and t-4. that why a lot of contra-player is selling their share.
normally it up 2-3 days, contra-player profit taking and it drops a bit.
Afterward it will go up again.

yinkee92

158 posts

Posted by yinkee92 > 2017-06-08 17:01 | Report Abuse

No worry guys

yinkee92

158 posts

Posted by yinkee92 > 2017-06-09 09:51 | Report Abuse

More contract is coming.

Posted by Wong Chii How > 2017-06-09 11:42 | Report Abuse

Yes yinkee92.
Buy now to acquire 3sen dividend in this coming july

POORDAD

249 posts

Posted by POORDAD > 2017-06-09 21:08 | Report Abuse

i went in at 1.23 :D

any idea if election will also boost this counter?

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-10 18:18 | Report Abuse

Monopoly cable manufacturer

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-11 00:59 | Report Abuse

If touches 1.70 kita yamseng sini :)

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-12 12:22 | Report Abuse

Scable expects transmission lines amounting to more than RM500m in value will be rollout by SEB in 2017. Dapat it pun sudah kenyang for this year.

yinkee92

158 posts

Posted by yinkee92 > 2017-06-12 16:35 | Report Abuse

Jenabchen123 Rm1.70 target is too low. At least RM2.XX this counter

yinkee92

158 posts

Posted by yinkee92 > 2017-06-12 16:36 | Report Abuse

Proxy to Sarawak infrastructure play. Outlook remains steady as mega projects such as Pan Borneo Highway, TRX, MRT2, LRT3, coupled with the implementation of Bekalan Elektrik Luar Bandar (BELB) may spur the demands of cables in the local markets. Furthermore, Sarawak Energy Berhad (SEB) will be implementing budgeted projects to meet shortage of power supply within Sarawak. Scable expects transmission lines amounting to more than RM500m in value will be rollout by SEB in 2017.

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-13 01:44 | Report Abuse

Need more coverage by analysts then target price > 2.00 more likely. Currently the coverage is low. How good they are if the coverage not too extensive, the potential remains hidden.

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-13 11:51 | Report Abuse

Upped 3 sen now! 1.30 is on sight again.

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-13 12:18 | Report Abuse

Look at its trading chart since Jan 2017.... good trend. something good brewing..... players will start notice ad Scable now among Gained Counter listing.

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-13 12:18 | Report Abuse

Huat Arghhhhhh..........

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