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.

4,737 comment(s). Last comment by Musfaz83 3 hours ago

yinkee92

158 posts

Posted by yinkee92 > 2017-06-13 14:32 | Report Abuse

huat arghh. Buy before news released.
Once the news released no more cheap cheap price anymore

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-06-13 14:33 | Report Abuse

Buy...Buy...

POORDAD

249 posts

Posted by POORDAD > 2017-06-13 15:46 | Report Abuse

everyday up 1 sen good enuf :)

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-13 16:06 | Report Abuse

Riding on the huge infra works on Sarawak especially and Borneo generally.... Go Scable.

HOLLAN5222

123 posts

Posted by HOLLAN5222 > 2017-06-13 22:43 | Report Abuse

From MAY to JUN ,is less than one month price from RM1.07going up to RM1.27(today high price)already up 20sen(18.7%).If there are not any good new to support it . Meanwhile, support will be pegged around RM1.10-1.12.But now more information i can hear,but cannot be see.Can any body give me big information about it!!!!!!!

Posted by qingqingqing > 2017-06-13 23:48 | Report Abuse

Form Hammer d

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-14 11:19 | Report Abuse

Let enjoy 3 sen dividend first :)

yinkee92

158 posts

Posted by yinkee92 > 2017-06-14 15:55 | Report Abuse

@HOLLAN5222 : It's increased because of public has noticed this hidden Gem and willing to buy it at higher price. They bought this share and hold in hand, wait it move upward slowly.

If this stock doesnt has potential, it wont start to move up.

And the most important thing is buy before too late. As the news released, you will never get it at this low price anymore. If u scare, just leave.

POORDAD

249 posts

yinkee92

158 posts

Posted by yinkee92 > 2017-06-15 15:37 | Report Abuse

Cc : Market Surveillance Dept. , Securities Commission (via fax)

Further to the announcement made on 24 May 2017 pertaining to the Letter of Acceptance from Tenaga Nasional Berhad dated 23 May 2017 for the double circuit 500kV overhead transmission line from Alor Gajah to Bahau South (Melaka), Sarawak Cable Berhad wishes to further announce the following additional information:

1. Tenure of the project – 730 Days

2. Whether the project is renewable – No.

3. Whether the directors and/or major shareholders and/or persons connected with a director or major shareholder have any interest, direct or indirect – No.

4. The risk in relation to the project:

a) Wayleave & Access – Completeness of Land Acquisition by TNB

b) Engineering & Design – Accuracy of data survey profile

c) Quality – Material & Workmanship defect

d) Construction – Outage constraint for line crossing



This announcement is dated 29 May 2017.

yinkee92

158 posts

Posted by yinkee92 > 2017-06-15 15:37 | Report Abuse

The Board of Directors of Sarawak Cable Berhad (“Sarawak Cable”) is pleased to announce that its wholly-owned subsidiary, Trenergy Infrastructure Sdn. Bhd. (“Trenergy”) has on 23 May 2017 received a Letter of Acceptance from Tenaga Nasional Berhad dated 23 May 2017 for the double circuit 500kV overhead transmission line from Alor Gajah to Bahau South (Melaka) (“the Project”). The Project value is Ringgit Malaysia: Eighty- One Million Three Hundred and Sixty-Eight Thousand Five Hundred and Seventy-Three and cents Forty-Five only (RM81,368,573.45).

The Project is expected to contribute positively to the earnings and net assets of the Sarawak Cable Group for the financial years ending 31 December 2017 to 31 December 2019.

This announcement is dated 24 May 2017.

mamafarah

97 posts

Posted by mamafarah > 2017-06-15 18:21 | Report Abuse

Bila mau up...ma..

POORDAD

249 posts

Posted by POORDAD > 2017-06-16 10:46 | Report Abuse

need at least 1/2yr for it to gain. Look at the TA from past peaks :). Mid to long term investment

HOLLAN5222

123 posts

Posted by HOLLAN5222 > 2017-06-16 23:12 | Report Abuse

Ya,short term will going down,but long term will be going up.(hanya bila masa dia akan naik?????)

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-19 01:55 | Report Abuse

Banyak projek??

K.H

291 posts

Posted by K.H > 2017-06-19 09:32 | Report Abuse

SCB’s Sumatra plant set to begin ops in Q3
http://www.thestar.com.my/business/business-news/2017/06/19/scbs-sumatra-plant-set-to-begin-ops-in-q3/

POORDAD

249 posts

Posted by POORDAD > 2017-06-19 11:12 | Report Abuse

good good...more news in the papers only means one thing. gaining public views and potential investors :)

kevin008

1,360 posts

Posted by kevin008 > 2017-06-19 14:20 | Report Abuse

According to Toh, once commissioned, the plant could generate an annual cashflow of about RM20mil at an effective production rate of 80%.

why say cashflow haha..is cash inflow only or net cashflow haha
anyway if profit 20m x 78% holding..ard 3.9m 1qtr loh
if production rate 100%...ard 4.875m 1qtr..so good haha

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-21 08:32 | Report Abuse

Showtime again?

yinkee92

158 posts

Posted by yinkee92 > 2017-06-21 15:23 | Report Abuse

lai liao lai liao.
be ready guys

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-26 22:06 | Report Abuse

Engine started again tomorrow?

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-27 02:53 | Report Abuse

Hopefully not like engine of Airasia.... like washing machine.... takut woo...... huat arghhhh Scable!

kevin008

1,360 posts

Posted by kevin008 > 2017-06-27 20:20 | Report Abuse

As at the end of April, Sarawak Cable’s order book for power and telecommunications cables had already exceeded the RM500mil mark, according to group managing director and chief executive officer Aaron Toh Chee Ching.

On power transmission line projects, Toh said Sarawak Cable had tendered for new contracts from Sarawak Energy Bhd (SEB) worth between RM300mil and RM400mil.SEB, which is Sarawak Cable’s second-largest shareholder, is expected to award the proposed contracts in the second half of the year.

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.

Waiting the Pan Borneo contract announcement haha

duenchan

143 posts

Posted by duenchan > 2017-06-28 14:31 | Report Abuse

Engine is sleeping...

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-29 01:46 | Report Abuse

Engine steady.... index dropped but Scable hold steady like safe haven. Go Scable!

firehawk

4,772 posts

Posted by firehawk > 2017-06-29 15:20 | Report Abuse

why still cannot? fast fast rises to 1.25 lah!

mamafarah

97 posts

Posted by mamafarah > 2017-06-30 09:47 | Report Abuse

On t way

duenchan

143 posts

Posted by duenchan > 2017-06-30 10:58 | Report Abuse

When people from KL say on the way, you better grab you popcorn and be prepared to wait for a long time.

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-06-30 11:56 | Report Abuse

Touching 1.23 again today. Man, man dont rush Scable!

HOLLAN5222

123 posts

Posted by HOLLAN5222 > 2017-06-30 23:21 | Report Abuse

Next week estimate price ,if lower will be at RM1.15 or RM1.12.Just wait to see ,my estimate price. DATO sell little bit share ,mean the share will going lower before share price flying up

kimhaolian

527 posts

Posted by kimhaolian > 2017-07-01 23:26 | Report Abuse

why so many party dispose same amount 20,000 and 70,000 share on the same day 23/6 and 28/6??

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-07-03 01:41 | Report Abuse

People start making a call that there is chance that Dow Jones can hit 25000.... just imagine how high can Scable price climb.......

yinkee92

158 posts

Posted by yinkee92 > 2017-07-03 09:14 | Report Abuse

Hollan5222,For sure the share price will drop rm0.03 after the dividen declared. It's normal.

Dato dispose some amount of its share to celebrate hari raya. Just like last time, Dato dispose some share to celebrate chinese new year but without doubt this share is still climbing up.

It has the chance to climb up above rm1.33 within this month

yinkee92

158 posts

Posted by yinkee92 > 2017-07-03 09:14 | Report Abuse

buy with confident , no buy with doubt

firehawk

4,772 posts

Posted by firehawk > 2017-07-03 15:02 | Report Abuse

cannot again ... drops even before dividend lah!

yinkee92

158 posts

Posted by yinkee92 > 2017-07-03 17:18 | Report Abuse

Steady bro. drop a bit. scare of wat?

yinkee92

158 posts

Posted by yinkee92 > 2017-07-03 17:18 | Report Abuse

Just steady n confident

firehawk

4,772 posts

Posted by firehawk > 2017-07-03 22:43 | Report Abuse

Good in rhetoric is no use lah ... try to say something more realistic, if want to say ....

Jack Jack

143 posts

Posted by Jack Jack > 2017-07-04 09:21 | Report Abuse

When a company can give dividend, it mean that the company is earning. The price of share is depend on buyers and big sharks

jenabchen123

1,202 posts

Posted by jenabchen123 > 2017-07-04 09:36 | Report Abuse

Cantik!

yinkee92

158 posts

Posted by yinkee92 > 2017-07-04 09:41 | Report Abuse

good!!

yinkee92

158 posts

Posted by yinkee92 > 2017-07-04 13:36 | Report Abuse

it's coming!!

yinkee92

158 posts

Posted by yinkee92 > 2017-07-04 16:34 | Report Abuse

thanks guys for giving me a chance to buy at low price

HOLLAN5222

123 posts

Posted by HOLLAN5222 > 2017-07-04 23:28 | Report Abuse

THIS price alreadly drop from RM1.27 to today (RM1.15).I alreadly wrong estimate may be lower at RM1.10(this week).If next week market not good,price may be drop to RM1.07 or RM1.05

HOLLAN5222

123 posts

Posted by HOLLAN5222 > 2017-07-04 23:40 | Report Abuse

Price drop from RM1.27 to RM1.07(next week) different RM0.20.Company give you 3% dividend.Who buy at RM1.2+,who will suffer.

yinkee92

158 posts

Posted by yinkee92 > 2017-07-05 09:09 | Report Abuse

Hollan5222, Dont act like expert here. the share price wont drop because of your comment

K.H

291 posts

Posted by K.H > 2017-07-05 22:14 | Report Abuse

巴勒水电工程激励
砂建筑股看高一线 | http://www.klsescreener.com/v2/news/view/252345

yinkee92

158 posts

Posted by yinkee92 > 2017-07-06 09:31 | Report Abuse

Another Mega project is released by Sarawak Government. Demand of Cable and High Pole tower is increasing.

May refer back to highlighted project of Sarawak Cable in the previous year.

1) 300MW Balingian Coal-fired Power Plant Project
Client -Shanghai Electric Co. Ltd.
Value of Contract: 493.0 million MYR

So this Mega Dam project will be the another big project for Scable.










KUCHING,— Sarawak Energy Berhad (SEB) has received formal approval from the state government to proceed with the construction of the 1,285 mega watt Baleh dam, its second mega dam after Murum.

It is the company’s second hydropower project under the Sarawak Corridor of Renewable Energy (SCORE) initiative after Murum; its first hydropower project was the 100MW Batang Ai dam which celebrated its 30th anniversary last year.

Sarawak's third mega dam is the 2,400 mega watt Bakun which is owned by the federal government.

“We are pleased to announce that we have received official approval of the project from the State Cabinet, following the approval of the Social and Environmental Impact Assessment report by the Natural Resources and Environment Board (NREB) last year,” SEB group chief executive officer Datuk Torstein Dale Sjotveit said today.

Construction work on the first of eight packages for Baleh will begin before year end with the entire project scheduled for completion in 2025.

Unlike the controversial Baram dam, which has since been scrapped following strong objections by the local communities as it would displace over 20,000 indigenous people, Sjotveit said the upstream of the Baleh dam is not inhibited by indigenous communities and would not involve any resettlement issue.

“Baleh dam is set to meet the anticipated strong growth in demand for electricity especially in Samalaju Industrial Park in Bintulu,” he said, adding that the energy demand has accelerated with energy sales growing from 4,700 Gwh in 2009 to more than 20,000 Gwh in 2016.

“From 2010 to 2015, energy capacity (electricity that can be produced from power plants) increased significantly from 1,300MW to 4,600MW, expected to rise to 5,300MW by 2020.

“About 3,000 MW has been committed to Sarawak Corridor of Renewable Energy industries and export customers through 14 agreements,” Sjotveit said.

KUCHING, Sept 20 — Sarawak Energy Berhad (SEB) has received formal approval from the state government to proceed with the construction of the 1,285 mega watt Baleh dam, its second mega dam after Murum. It is the company’s second hydropower project under the Sarawak Corridor of Renewable Energy (SCORE) initiative after Murum; its first hydropower project was the 100MW Batang Ai dam which celebrated its 30th anniversary last year. Sarawak's third mega dam is the 2,400 mega watt Bakun which is owned by the federal government. “We are pleased to announce that we have received official approval of the project from the State Cabinet, following the approval of the Social and Environmental Impact Assessment report by the Natural Resources and Environment Board (NREB) last year,” SEB group chief executive officer Datuk Torstein Dale Sjotveit said today. Construction work on the first of eight packages for Baleh will begin before year end with the entire project scheduled for completion in 2025. Unlike the controversial Baram dam, which has since been scrapped following strong objections by the local communities as it would displace over 20,000 indigenous people, Sjotveit said the upstream of the Baleh dam is not inhibited by indigenous communities and would not involve any resettlement issue. “Baleh dam is set to meet the anticipated strong growth in demand for electricity especially in Samalaju Industrial Park in Bintulu,” he said, adding that the energy demand has accelerated with energy sales growing from 4,700 Gwh in 2009 to more than 20,000 Gwh in 2016. “From 2010 to 2015, energy capacity (electricity that can be produced from power plants) increased significantly from 1,300MW to 4,600MW, expected to rise to 5,300MW by 2020. “About 3,000 MW has been committed to Sarawak Corridor of Renewable Energy industries and export customers through 14 agreements,” Sjotveit said.

Posted by Wong Chii How > 2017-07-06 18:47 | 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.

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