SARAWAK CABLE BERHAD

KLSE (MYR): SCABLE (5170)

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Last Price

0.105

Today's Change

-0.005 (4.55%)

Day's Change

0.10 - 0.12

Trading Volume

8,856,200


6 people like this.

4,807 comment(s). Last comment by Fznzm Abdullah 2 days ago

B4b4

7,594 posts

Posted by B4b4 > 2024-01-11 17:18 | Report Abuse

Run

Joel77

31 posts

Posted by Joel77 > 2024-01-11 17:49 | Report Abuse

Based on 18 Dec 2023 announcement, Scable should have update on the creditor meeting after the internal meeting between white knight and Scable management, as they are expected to have creditor meeting after the internal meeting. Let see how, seems the update abit overdue now.

Raiz368

1,604 posts

Posted by Raiz368 > 2024-01-11 18:33 | Report Abuse

Director's push down the price and will buy back below 30 cent...let see the game

Posted by Sepol007 > 2024-01-11 23:29 | Report Abuse

Chairman did DBT at 31c right?

Icon 888

2,301 posts

Posted by Icon 888 > 2024-01-12 01:14 | Report Abuse

Pump and dump.. Below rm0.10

Chong3710

188 posts

Posted by Chong3710 > 2024-01-12 09:10 | Report Abuse

Come On everybody let’s pump now!!

paulthesotong

2,857 posts

Posted by paulthesotong > 2024-01-12 09:28 | Report Abuse

The WK used smoke screen yesterday n now rides again.

paktua73

18,341 posts

Posted by paktua73 > 2024-01-12 09:33 |

Post removed.Why?

Raiz368

1,604 posts

Posted by Raiz368 > 2024-01-12 10:10 | Report Abuse

OTHERS SARAWAK CABLE BERHAD ("SCB" OR "COMPANY") PRESS RELEASE: WHITE KNIGHT FOR SARAWAK CABLE BERHAD
SARAWAK CABLE BERHAD

Type Announcement
Subject OTHERS
Description SARAWAK CABLE BERHAD ("SCB" OR "COMPANY") PRESS RELEASE: WHITE KNIGHT FOR SARAWAK CABLE BERHAD
Reference is made to the announcements made by the Company on 12 December 2023 and 14 December 2023 in relation to the press release dated 12 December 2023 entitled "WHITE KNIGHT FOR SARAWAK CABLE BERHAD".



The Company wishes to announce the following additional information:-



(a) Serendib Capital Limited ("Serendib Capital") has made an offer to resuscitate SCB via a mix of debt repayment and working capital injection. The pertinent terms of the offer is that Serendib Capital would assist SCB in the formulation of a comprehensive rescue plan and subsequent negotiations with SCB Group’s creditors and at the same time Serendib Capital will provide the funding requirement once finalised. Serendib Capital’s offer mandates a board representation and as such Mr Takeo Hirata has been appointed to the Board of SCB for that very purpose as stated herein.



(b) Serendib Capital’s mandate for board representation has already been effected with the appointment of Mr Takeo Hirata to SCB’s Board. Serendib Capital’s rescue plan will be to first formulate and negotiate a debt restructuring scheme with SCB Group’s creditors; meetings between Mr Takeo Hirata, representing the White Knight and Management of SCB are scheduled over the next 2 weeks. Thereafter the White Knight and SCB will jointly approach SCB Group’s creditors to agree on a debt restructuring scheme. Before such creditors' acquiesce is granted, no binding financial commitments can be made between the White Knight and SCB.



(c) The White Knight shall assist with the creation, negotiation and funding of a comprehensive debt restructuring scheme as well as providing working capital to fund future growth.



This announcement is dated 18 December 2023.

Raiz368

1,604 posts

Posted by Raiz368 > 2024-01-12 10:11 | Report Abuse

Next announcement very soon...wait and see

Joel77

31 posts

Posted by Joel77 > 2024-01-12 12:36 | Report Abuse

the longer the announcement is pending, the more uncertainties in the air, what to do, retail investors can only wait.

mf

29,190 posts

Posted by mf > 2024-01-15 06:01 | Report Abuse

2024-01-12

Insider

DATO' H'NG CHUN HSIANG (a substantial shareholder) disposed 704,200 shares on 11-Jan-2024.

2024-01-12

Insider

DATO' H'NG CHUN HSIANG (a substantial shareholder) disposed 500,000 shares on 10-Jan-2024.

2024-01-12

Insider

DATIN H'NG HSIEH LING (a substantial shareholder) disposed 704,200 shares on 11-Jan-2024.

2024-01-12

Insider

DATIN H'NG HSIEH LING (a substantial shareholder) disposed 500,000 shares on 10-Jan-2024.

2024-01-12

Insider

TAN SRI DATO' SERI H'NG BOK SAN @ H'NG AH BA (a substantial shareholder) disposed 704,200 shares on 11-Jan-2024.

2024-01-12

Insider

TAN SRI DATO' SERI H'NG BOK SAN @ H'NG AH BA (a substantial shareholder) disposed 500,000 shares on 10-Jan-2024.

2024-01-12

Insider

HNG CAPITAL SDN BHD (a substantial shareholder) disposed 704,200 shares on 11-Jan-2024.

2024-01-12

Insider

HNG CAPITAL SDN BHD (a substantial shareholder) disposed 500,000 shares on 10-Jan-2024.

Nurul18

9 posts

Posted by Nurul18 > 2024-01-15 19:39 | Report Abuse

so many big boss yg jual ni.... going to dump kah????????????????????????????????

mf

29,190 posts

Posted by mf > 2024-01-15 21:44 | Report Abuse

2024-01-15

Insider

DATO SRI MAHMUD ABU BEKIR TAIB (a substantial shareholder) disposed 5,000,000 shares on 12-Jan-2024.

2024-01-15

Insider

DATO SRI MAHMUD ABU BEKIR TAIB (a company director) disposed 5,000,000 shares at 0.270 on 12-Jan-2024.

paktua73

18,341 posts

Posted by paktua73 > 2024-01-16 09:28 |

Post removed.Why?

mf

29,190 posts

Posted by mf > 2024-01-16 12:22 | Report Abuse

sell

rr88

6,532 posts

Posted by rr88 > 2024-01-16 13:05 | Report Abuse

Go to sleep for 6 months.
When you wake up, its 4 cents.
Because it is a one big con.
Sri Lanka country much worse than us trying to revive this company?
Taib mahmud n son would hv injected capital into this company if can revive, no need Sri Lanka company. Common sense.

Sell/stay away

joyvest

10,533 posts

Posted by joyvest > 2024-01-16 14:36 | Report Abuse

"White knight" is not coming at all but what is coming is the " prince of darkness" to haunt you all...............

Posted by Muhammad Farid > 2024-01-16 14:50 | Report Abuse

i had to cl at 0.325 with 3.3k loss .. it's nightmare for me.. im not gonna go near this con coun anymore

Icon 888

2,301 posts

Posted by Icon 888 > 2024-01-16 15:23 | Report Abuse

Below rm0.10 stock

Icon 888

2,301 posts

Posted by Icon 888 > 2024-01-16 15:23 | Report Abuse

Run for Ur life

mf

29,190 posts

Posted by mf > 2024-01-16 15:28 | Report Abuse

sell

prince4

1,459 posts

Posted by prince4 > 2024-01-16 15:38 | Report Abuse

PN17 drop and delisting

Posted by firdausabrar > 2024-01-16 15:38 | Report Abuse

Runnn.... tomorrow another brutal day!!!

Michael R.

4,828 posts

Posted by Michael R. > 2024-01-16 15:56 | Report Abuse

Who is from Sri Lanka???

calvintaneng

56,626 posts

Posted by calvintaneng > 2024-01-16 16:05 | Report Abuse

Scable
A compound of two words

Sca as in Sca-ry
Ble as in Bub-Ble

Or Scary Bubble

No earning only hype

Whoever chased this Scary Bubble now experience a Bubble butsting

calvintaneng

56,626 posts

Posted by calvintaneng > 2024-01-16 16:07 | Report Abuse

🌴🌴🌴

Yes go buy palmoil shares
Dull?
But not scarry and very safe

Can 😴😴😴💤💤💤
Soundly and safely at night

Mie7677

80 posts

Posted by Mie7677 > 2024-01-16 16:35 | Report Abuse

Oh no,good CL low your loss

MZM2511

4,550 posts

Posted by MZM2511 > 2024-01-16 20:56 | Report Abuse

The speculation is back — beware!
https://theedgemalaysia.com/node/696727

MZM2511

4,550 posts

Posted by MZM2511 > 2024-01-16 21:28 | Report Abuse

BEWARE OF A PUMP AND DUMP SCHEME...

The Securities Commission Malaysia (SC) today ( date is unnotable) issued a warning to investors over the increase use of blogs, forums and social media platforms to spread false and misleading information on certain companies in order to perpetrate ‘pump and dump’ schemes.
Perpetrators would accumulate shares at lower prices before posting positive sentiments about the companies, with the intention to spur interest in the shares in order to drive up its price. When unsuspecting investors buy the shares, it gives the perpetrators an opportunity to sell the shares they hold at a profit. Investors who have bought shares at the inflated price will suffer losses when the hype eases.

mf

29,190 posts

Posted by mf > 2024-01-17 08:38 | Report Abuse

Dow Jones

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37,361.12

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NASDAQ Composite

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-28.41

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Nurul18

9 posts

Posted by Nurul18 > 2024-01-17 09:43 | Report Abuse

PN17......no wonder laaaaaaaaaa

Joel77

31 posts

Posted by Joel77 > 2024-01-17 11:07 | Report Abuse

Only thing can comfort us now is no short selling in this counter as it is a non permitted short selling counter by Bursa Malaysia

ahbah

6,238 posts

Posted by ahbah > 2024-01-17 11:12 | Report Abuse

Entertainment n excitement is also back !

Joel77

31 posts

Posted by Joel77 > 2024-01-17 16:03 | Report Abuse

Expected quarter result to be released next week.

Posted by Sepol007 > 2024-01-17 17:11 | Report Abuse

perlu sustain above 19.5 double bottom

Posted by loonisback > 2024-01-17 19:24 | Report Abuse

looking shaky, be cautious guys

mf

29,190 posts

Posted by mf > 2024-01-18 11:23 | Report Abuse

sell

sasword

1,169 posts

Posted by sasword > 2024-01-18 15:38 |

Post removed.Why?

mf

29,190 posts

Posted by mf > 2024-01-18 15:51 | Report Abuse

sell

mf

29,190 posts

Posted by mf > 2024-01-18 15:57 | Report Abuse

take profit

paulthesotong

2,857 posts

Posted by paulthesotong > 2024-01-19 11:48 | Report Abuse

The WK used smoke screen yesterday n rides again!

joyvest

10,533 posts

Posted by joyvest > 2024-01-19 15:06 | Report Abuse

Any sight of White knight yet ?

Posted by Whiteevoque > 2024-01-22 21:05 | Report Abuse

Pending breakout for wave 5. Target from 50 to 70sen for swing trading

paulthesotong

2,857 posts

Posted by paulthesotong > 2024-01-23 12:12 | Report Abuse

The WK rides again!

prince4

1,459 posts

Posted by prince4 > 2024-01-23 12:18 | Report Abuse

PN17

prince4

1,459 posts

Posted by prince4 > 2024-01-23 12:18 | Report Abuse

回光返照

Posted by Lee Chee Wee > 2024-01-23 12:23 | Report Abuse

0.20 bottom. Today rverse up break 0.245 heading to 0.28.

Musfaz83

619 posts

Posted by Musfaz83 > 2024-01-23 14:21 | Report Abuse

wow

Posted by loonisback > 2024-01-23 17:16 | Report Abuse

SCABLE is so backkk today

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