Posted by duenchan > 2018-04-03 18:54 | Report Abuse

Bottomless

Posted by Shadows > 2018-04-11 15:53 | Report Abuse

Lai lai... Is up now

Posted by Jack Wong > 2018-04-18 11:13 | Report Abuse

Scable election counter,, will fly after or before the election

Posted by abcde12345 > 2018-04-18 12:23 | Report Abuse

ok

Posted by Shadows > 2018-04-18 19:48 | Report Abuse

Fly into longkang

Posted by Chanfang > 2018-05-18 16:19 | Report Abuse

This con counter die with BN...

Posted by Shadows > 2018-05-21 13:58 | Report Abuse

Should load more now

Posted by Li Li > 2018-05-21 23:41 | Report Abuse

how low it will drop?

Posted by Shadows > 2018-05-22 11:24 | Report Abuse

This counter should be reliable and one of the biggest electrical cable manufacturers. Saw many countries are expending their power plant especially in Asia region.

Posted by Chanfang > 2018-05-24 11:26 | Report Abuse

PN17 is coming.

Posted by meyau21 > 2018-05-28 00:46 | Report Abuse

Taib mahmud son punya kompeni. This counter is going to die soon.

Posted by Li Li > 2018-05-30 13:53 | Report Abuse

Omg

Posted by Li Li > 2018-06-06 22:23 | Report Abuse

Few days no transaction le

Posted by Wong Wai Kwan > 2018-06-12 10:36 | Report Abuse

Any analyst reports available?

Posted by Chanfang > 2018-07-03 12:08 | Report Abuse

Mati longlang punya shit counter

Posted by Chanfang > 2018-07-03 12:08 | Report Abuse

Longkang

Posted by Li Li > 2018-07-21 23:03 | Report Abuse

Haha, Sudah up 46 cent

Posted by sasword > 2018-08-16 19:09 | Report Abuse

20 cent coming.

Posted by peterho > 2018-08-23 08:46 | Report Abuse

on the way to PN17

Posted by Chanfang > 2018-08-27 12:26 | Report Abuse

On the way to be delisted.

Posted by Insiderss > 2018-09-20 11:33 | Report Abuse

Insider news here. The upper management are taking loans after loans to pay off their other loans especially those of their helicopters. And since the change of the upper most management people, which happens to be close friend of the group's big boss, they will continue to run the lose making subsidiary just to satisfy the big boss.

Posted by Insiderss > 2018-09-20 11:38 | Report Abuse

If I am you, I'd stay far away from this counter, cms is a better options. This group's management is doomed since the previous managing director left.

Posted by Yael Jasper > 2018-09-20 11:40 | Report Abuse

This is a winning stock....best of the best

Posted by kcwc888 > 2018-09-26 17:20 | Report Abuse

Personally, the only segment making Top & Bottom line is from the cable business, other ventures are bleeding. Funds are being used to cover the losing division and this is not healthy. Insiderss is right in pointing out that. The beneficial owners are " negotiating" for their peaceful minds and this include the businesses involved. I believe they will remain low profile until the next PM comes on board.

Posted by Shadows > 2018-10-10 10:38 | Report Abuse

Any direction for this counter? Hold, dispose or accumulate to pair down?

Posted by kcwc888 > 2018-10-15 12:32 | Report Abuse

nibbling and holding, the richest man will orchestra an event soon. As long as the cable business is churning enough cashflow and T&B line, its good to have a look.

Posted by kcwc888 > 2018-11-08 12:19 | Report Abuse

that's what i thought, good news is coming in. TP 80cents. Tightly hold by the richest man... comfortable upside to lock in.

Posted by Shadows > 2018-11-08 17:17 | Report Abuse

Good run today...

Posted by Insiderss > 2018-11-17 01:41 | Report Abuse

Goreng failed. Yet, bigger news are yet to come. Brace yourselves. Winter is coming. If skeletons in closet are found, pn17 is just a door step away.

Posted by holefook67 > 2018-11-23 12:25 | Report Abuse

what a disappointment
very poor choice of investment made on the back of an Investment Bank Research investment note 2 years ago

Posted by Chanfang > 2018-11-23 12:56 | Report Abuse

Really a politician dogs counter, now bursa and country is doomed due to sohai pig gov and dog gang.

Posted by Chanfang > 2018-11-23 13:10 | Report Abuse

Next time tongkat horse and pakatan harap kacang fallen, the same happens with the dog gang counter, hopeless politic and economy on this fallen land.

Posted by holefook67 > 2018-11-23 15:36 | Report Abuse

agreed, volume all of a sudden spiking up and shares are down so as usual inside knowledge means QR will be bad and they will still be xxx around with the Indonesian project and not coming out with any pro active measures to attract some of the large allocations that the Sarawak govt has put up in the budget. Do not get me wrong, I am not a back bencher pretending or claiming to do a better job but these people are qualified, get paid, surely they cannot just watch the co share price drop from 1.90 in 2016 Nov to what it is now and not do something about it. Please no comment about I should have sold etc, I am not as clever as you guys

Posted by Wongfatt > 2018-11-23 17:40 | Report Abuse

TP 0.19

Posted by Wongfatt > 2018-11-23 17:40 | Report Abuse

我排着...hahaha

Posted by SuperBest > 2018-11-23 19:20 | Report Abuse

QR result just out, profit yoy almost jump up 100%. But its share price almost meltdown today, the market punished those with outstanding result, ironically.

Posted by shpg22 > 2018-11-23 19:24 | Report Abuse

what a disappointment
very poor choice of investment made on the back of an Investment Bank Research investment note 2 years ago

Is good you learned your lesson. Many other don't.
Never trust a IB

Posted by Wongfatt > 2018-11-23 19:40 | Report Abuse

刚才有买了一点0.260,下星期一gogogo

Posted by Wongfatt > 2018-11-23 20:04 | Report Abuse

这个股volume非常少，跌越多越好, 我们的group 就大量收票

Posted by sasword > 2018-11-27 15:53 | Report Abuse

继续收咯，反正就快被delisted.

Posted by Wongfatt > 2018-11-28 23:01 | Report Abuse

谢谢关心sasword

Posted by Wongfatt > 2018-12-01 23:26 | Report Abuse

我们在0.19等

Posted by Habislah > 2018-12-14 15:57 | Report Abuse

fake rebound. later will go down below 20c. Sold 23sen, lost 20k, waiting to buy back at 15sen

Posted by Insiderss > 2018-12-15 09:42 | Report Abuse

It will go below 10 sen

Posted by trulyinvest > 2018-12-15 09:55 | Report Abuse

Wa long time never c tis. Bcome rubish. Pn 17 soon

Posted by commonsense > 2018-12-23 11:02 | Report Abuse

Any future turnaround of the company will highly be dependent on the outcome of its helicopter division in particular the Eurocopter EC225 Super Puma the largest in its 9-helicopter fleet. The company was somewhat unlucky when it first took delivery of the EC225 back in Apr 2016. During the same month there was a crash in the North Sea that killed 13 people on board which led to the grounding order of all Ec225 by European Aviation Safety Agency in June 2016. No income was ever recorded for the asset. However, the company is still obliged to pay the financial costs relating to it.

It does not help also that most of its other business are also recording negative growth in terms of revenue and profit. In particular, the cable business which saw a decline of sales and profit by 33% and 52% respectively.

In terms balance sheet, the company has RM606mil of current liabilities (of which RM437.1mil are debt) but only RM450mil of current asset (of which only RM36mil is cash). The company will most probably try to refinance the debt but given the upward trend of interest rates, they will have to pay higher interest rate cost in the future. This will depress the PBT margin even further. If refinancing fails, the company will need to try to raise the capital via assets sales or equity capital raising (for this type of quantum right issue will be the best option).

If you are looking to diversify your portfolio outside of Sarawak Cable (due to the perceive weaker market outlook), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.5x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19 and also the new Alza in 2H19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.18.

Good luck.

Posted by Habislah > 2019-02-08 12:11 | Report Abuse

fake rebound, your last chance to dump this share before it get delisted. Runnnnnnnnnnnnnnnnnnnn

Posted by Pak Abu > 2019-02-13 11:49 | Report Abuse

Waa....something ON??

Posted by Pak Abu > 2019-02-13 11:53 | Report Abuse

TP 70sen?? hehehe....

Posted by Habislah > 2019-02-13 16:09 | Report Abuse

Pump n dump nicely executed. Next TP : 7sen. Final destination --> DELISTING.