SARAWAK CABLE BERHAD

KLSE (MYR): SCABLE (5170)

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Last Price

0.15

Today's Change

-0.005 (3.23%)

Day's Change

0.15 - 0.155

Trading Volume

1,619,600


6 people like this.

4,728 comment(s). Last comment by talk2pkc 2 weeks ago

Hope123

144 posts

Posted by Hope123 > 2020-01-16 14:42 | Report Abuse

Good news coming soon.

Hope123

144 posts

Posted by Hope123 > 2020-01-16 14:44 | Report Abuse

Indonesia mini hidroelektrik plant commissioning soon.

Posted by Ahs010366 > 2020-01-19 15:49 | Report Abuse

Scary counter but hopefully could be like scib

thesteward

6,766 posts

Posted by thesteward > 2020-01-21 09:23 | Report Abuse

Lai liao

Michael Kwok

6,077 posts

Posted by Michael Kwok > 2020-01-21 22:18 | Report Abuse

Look like its going to fly Feb 2020and March 2020.Please read;
Michael Kwok
1244 posts
Posted by Michael Kwok > Jan 10, 2020 8:18 PM | Report Abuse X

Trying some new method here.Seing 57-67 cent as worst case scenario.I call it a buy.Cut loss at 33 cent below(made sure below after 4 pm on that day).price 36 cents.

thesteward

6,766 posts

Posted by thesteward > 2020-01-22 19:03 | Report Abuse

Posted 10/1
Wah not bad really give cny Ang pow

Michael Kwok

6,077 posts

Posted by Michael Kwok > 2020-01-23 11:53 | Report Abuse

Aminvest had copy me.Please mention my name next time.Me Jan 10,theirs Jan 17.

thesteward

6,766 posts

Posted by thesteward > 2020-01-28 20:22 | Report Abuse

Sold Back some at cost morning .

Hope123

144 posts

Posted by Hope123 > 2020-01-31 16:03 | Report Abuse

Very good chance to buy cheap cable now.

Hope123

144 posts

Posted by Hope123 > 2020-01-31 16:07 | Report Abuse

Copper price drop, loans interest also drops and mini hydroelectric plant commissioning in days.

Hope123

144 posts

Posted by Hope123 > 2020-01-31 16:14 | Report Abuse

All in. Thanks for angpow.

Hope123

144 posts

Posted by Hope123 > 2020-01-31 16:16 | Report Abuse

Don't miss your boat.

ddd ccc

562 posts

Posted by ddd ccc > 2020-02-10 08:53 | Report Abuse

hope today will continue up trend

shawn88

198 posts

Posted by shawn88 > 2020-02-13 12:05 | Report Abuse

Cable... Should up

Tarita

1,137 posts

Posted by Tarita > 2020-02-14 10:21 | Report Abuse

scable. buy buy buy

lextcs

1,961 posts

Posted by lextcs > 2020-02-14 14:59 | Report Abuse

415 soon

Posted by Daniel Ngu > 2020-02-17 19:25 | Report Abuse

Y day day down...

Tarita

1,137 posts

Posted by Tarita > 2020-02-17 21:27 | Report Abuse

yup... dont know why.. only god know

Syndicates

866 posts

Posted by Syndicates > 2020-02-21 22:25 | Report Abuse

Day day down useless

Syndicates

866 posts

Posted by Syndicates > 2020-02-24 14:12 | Report Abuse

sarawak parti is still the winner lor no matter who become the new government

HowAh

963 posts

Posted by HowAh > 2020-02-25 19:52 | Report Abuse

Die

Syndicates

866 posts

Posted by Syndicates > 2020-02-25 20:42 | Report Abuse

Useless shit

Posted by kingstock007 > 2020-02-27 00:44 | Report Abuse

making lost again... hehe....This counter can still play?

Posted by Andrew83 > 2020-04-26 23:34 | Report Abuse

Politics counter....will fly soon,coz Sarawak election is around the corner

lee_m2020

4,762 posts

Posted by lee_m2020 > 2020-04-29 12:39 | Report Abuse

Woww... Flying....buy buy buy!!!! projects on !!!!

Willbegood

109 posts

Posted by Willbegood > 2020-05-14 16:25 | Report Abuse

monitor now

ddd ccc

562 posts

Posted by ddd ccc > 2020-05-15 18:15 | Report Abuse

15 MAY 2020

MOMENTUM TRADING OPPORTUNITY

COUNTER : SARAWAK CABLE BERHAD or SCABLE (Code 5170, Main Market, Industrial Products & Services)

BASIC FACT SHEET
- Market Capital : RM 69.75 million
- Total Floating Shares : 317.05 million
- NTA : 50 cents
- Major Shareholder - DS Mahmud Abu Bekir Taib (27.38%), Sarawak Energy Berhad (16.53%)

BUSINESS PROFILE

i. SCABLE is a Sarawak based conglomerate involved in sales of power/telco cables, galvanised products & steel structures, transmission lines, power generation and helicopter services
ii. Sarawak Energy Berhad is a majority shareholder and therefore is considered a state-backed company
iii. Revenue is consistent between RM 150 - 250 mil a quarter for the past few years. Has a strong client base

PROSPECTS

#1- Right now trading at discount of about 60% to its NTA of 50c

#2 - Has a cash position of RM 87.9 mil (market cap now is only RM 69.75 mil), therefore able to storm the short term volatility caused by COVID19

#3 - Currently undergoing restructuring so that costs can be managed better for company to make profit

#4 - Among the initiatives are disposal of its helicopters which are loss making (in March 2020) and also sales of land to Mexter Glove Manufacturing (Oct 2019). All these will improve company balance sheet

#5 - Also, SCABLE 78% owned Indonesian unit, will complete its hydro power dam project by end May 2020, which will be able to generate RM 40-50 mil revenue by having a 20 year power purchase agreement with Indonesian energy authorities

TECHNICAL ANALYSIS

i. Hit a high of 41c in December 2019
ii. Price went to a low of 10c in March 2020, however low volumes were traded at the bottom of market
iii. Broken EMA14 at 20.5c. Next EMA200 is at 26.4c and EMA365 at 32.5c
iv. Volume increases indicating healthy trading momentum towards higher prices
vi. Possible to make a V-shape recovery should there be any forthcoming good news in announcements

huatgorgor

104 posts

Posted by huatgorgor > 2020-05-29 15:07 | Report Abuse

Very soon

Kimie22

5 posts

Posted by Kimie22 > 2020-05-29 16:58 | Report Abuse

huatgorgor very soon up or down bro??

Hope123

144 posts

Posted by Hope123 > 2020-06-02 10:31 | Report Abuse

Up

ddd ccc

562 posts

Posted by ddd ccc > 2020-06-11 07:49 | Report Abuse

Engine ram today?

huatgorgor

104 posts

Posted by huatgorgor > 2020-06-25 15:15 | Report Abuse

Start

pretty_life

4,810 posts

Posted by pretty_life > 2020-06-25 15:55 | Report Abuse

Limit up liao... sapu first

Squirtle

798 posts

Posted by Squirtle > 2020-06-25 16:13 | Report Abuse

Scable is everyday make losses
Kukujiao company one

ddd ccc

562 posts

Posted by ddd ccc > 2020-06-25 17:49 | Report Abuse

What happen?

apolloang

18,163 posts

Posted by apolloang > 2020-06-25 17:53 | Report Abuse

Sarawak election soon?

Ben C Kh

92 posts

Posted by Ben C Kh > 2020-06-25 17:56 | Report Abuse

Qr release tomorrow

thesteward

6,766 posts

Posted by thesteward > 2020-06-26 12:32 | Report Abuse

I believe most sarawak counters Will do well this year . ESP Zecon n scable

sasword

1,139 posts

Posted by sasword > 2020-06-26 12:34 | Report Abuse

Big fat ass shark goreng ikan bilis time.

Ben C Kh

92 posts

Posted by Ben C Kh > 2020-06-26 12:41 | Report Abuse

The steward: yes I hAve to agree..

Ben C Kh

92 posts

Posted by Ben C Kh > 2020-06-26 12:42 | Report Abuse

Scable last qr losses was mainly due to provision and impairment.. don't be surprised if this qr improves a lot

Pin4TheWin

125 posts

Posted by Pin4TheWin > 2020-06-26 14:40 | Report Abuse

BUY BUY BUY PROMO TIME!

sasword

1,139 posts

Posted by sasword > 2020-06-26 15:51 | Report Abuse

Good for goreng ikan bilis.

Ben C Kh

92 posts

Posted by Ben C Kh > 2020-06-26 18:52 | Report Abuse

As expected..From Loss to profit..Monday limit up

mf

27,859 posts

Posted by mf > 2020-06-26 19:27 | Report Abuse

sell on news

Posted by StockHunt40 > 2020-06-27 11:08 | Report Abuse

will could be the direction on monday leh?
^^

Ben C Kh

92 posts

Posted by Ben C Kh > 2020-06-27 12:54 | Report Abuse

Should be able to break previous high 0 41 easily

Posted by trade2win1027 > 2020-06-29 09:12 | Report Abuse

nice Qr but cant share price cant move.. continue to zzz

ddd ccc

562 posts

Posted by ddd ccc > 2020-06-29 10:52 | Report Abuse

engine restart

Posted by StockHunt40 > 2020-06-29 12:28 | Report Abuse

hope today after lunch, can go higher...

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