Posted by xm88 > 2014-02-21 13:47 | Report Abuse

A block of share is placed for sale at 1.70 from morning. It is likely to shake of people to sell at lower price before its next upward move. All the technical indicators still look good.

Posted by Sean > 2014-02-21 16:28 | Report Abuse

can someone advice where is the huge queue in 1.7? its suddenly cleared!

Posted by gaomin > 2014-02-21 16:35 | Report Abuse

Ha ha ! No need next week . Today will close above 170 .

Posted by Sean > 2014-02-21 16:44 | Report Abuse

the forum is so silence....

Posted by xm88 > 2014-02-21 16:54 | Report Abuse

Can have a peaceful weekend and be ready for next week reward !

Posted by gaomin > 2014-02-21 17:05 | Report Abuse

End of nest week 1.80 ? Hopefully !

Posted by gaomin > 2014-02-21 17:06 | Report Abuse

Typed wrongly . End of next week 1.80?

Posted by Sean > 2014-02-21 17:22 | Report Abuse

hopefully... :)

Posted by xm88 > 2014-02-21 17:29 | Report Abuse

It is going to move up again next week after the block of share purposely placed at 1.70 since early morning to attract lower selling price has been cleared in the afternoon by the players.

Posted by Sean > 2014-02-21 17:32 | Report Abuse

still think got long way to go... just not sure when become BREM only! add some oil... slowly(sbc behavior)... i no rush... anyway thanks for the angpau after CNY.... :) lol

Posted by gaomin > 2014-02-21 17:41 | Report Abuse

Sean , do you know I bought brem at 1.35 in mid Dec 2013 and kept for a while and just before 2 days limit up that day I also bought some more at 1.48 . Now all sold already . Change to SBBCorp . Got potential to go above RM2 . Be patient .

Posted by Sean > 2014-02-21 17:50 | Report Abuse

so rich a u...all sold at above 2? cool... ya... i can wait here :)

Posted by gaomin > 2014-02-21 18:09 | Report Abuse

Ok lah not that rich lah only 7 lots ( 7000 units) of brem . I think if you keep this stock a big longer , you will be rewarded, may be even better than brem . Now you see brem is not moving much whereas sbbccorp up up up every 2 or 3 days . Last Friday only 1.48 now is 1.70 .

Posted by Yunnan > 2014-02-21 19:01 | Report Abuse

SBC price has been more than double from before the right issue last year

Posted by hello123 > 2014-02-22 09:10 | Report Abuse

the 6k lots at 1.7 looks to be fake,majority come from 3 transaction (3.5k,1.4k & 1.5k)

Posted by xm88 > 2014-02-22 12:11 | Report Abuse

The blocks were placed there early in the morning to let the sellers to sell at lower price. Hence it is likely the players have achieved their purpose already before matching of the blocks. The chances of continuing upward move is there now.

Posted by Sean > 2014-02-22 17:20 | Report Abuse

he would have sold d :)

just to share

http://bonescythe.blogspot.com/search/label/SBCCorp

Posted by xm88 > 2014-02-22 21:03 | Report Abuse

Thanks

Posted by Sean > 2014-02-23 20:31 | Report Abuse

if based on the calculation.

Estimation of market value: EPS(0.2556) * current P/E (7.59) = 1.94
which also equivalent to the highest price before right issue 1.92(July 23, 2013)

*personally, i would go in some more(0.2 left)

Debt/Equity: 160,386 / 358,190 = 0.448 (<1 is very nice they controlling debt)
Debt ratio: 160,386 / 518,576 = 0.31 (very less debt, means good ~)

Return on asset: 23,502 / 518,576 = 4.53% which we can't expect big jump la :( but long term holder will be benefit

ROE: 23,502 /358,190 = 6.56(think big fund will only target those which is higher than 15% for their selection)

Please share if you guys have better calculation or i have any mislead here...
just want to discuss better and don't want bias to rumors :) happy trading

Posted by xm88 > 2014-02-23 23:00 | Report Abuse

Sean, the financial year ending for SBCC is Mar2014. The profit figures of 23,502,000 is for 9 months only. EPS needed to be adjusted for the new paid up capital of 156,573,000 also.

Posted by Sean > 2014-02-24 10:08 | Report Abuse

thanks xm88... but i am taking cumulative of 9months eps to calc(which i think is sufficient) however... EPS needed to be adjusted then i really need to take a look d... :) happy trading

Posted by leslieroycarter > 2014-02-24 10:12 | Report Abuse

after the adjustment ....this share is really over-priced!

Posted by Sean > 2014-02-24 10:24 | Report Abuse

xm88, i think i used the latest of total equity d... thanks
leslieroycarter could you share more? based on what? thanks

Posted by Sean > 2014-02-24 11:42 | Report Abuse

wake up lo....

Posted by acgerlok5 > 2014-02-24 11:53 | Report Abuse

considering it's NTA to be above 3+ now, isit still worth to add more of this stock? :)

Posted by Sean > 2014-02-24 12:08 | Report Abuse

so happy today... happy trading :)

Posted by gaomin > 2014-02-24 12:08 | Report Abuse

Up again !

Posted by cloudstrife > 2014-02-24 12:18 | Report Abuse

waaaa....today chai shen dao again for me XD. up up up....turbocharged with viagra

Posted by gaomin > 2014-02-24 12:28 | Report Abuse

This stock is moving up steadily after CNY . Other than keeping the old one bought in January , I can still do contra a few times and make some profit .

Posted by Sean > 2014-02-24 13:46 | Report Abuse

sigh... didnt have money enter again... goes to scomi d...

Posted by Sean > 2014-02-25 17:32 | Report Abuse

another day passed...

Posted by gaomin > 2014-02-26 08:45 | Report Abuse

Sold some shares at 1.75 on 24 Feb . Now can buy back at lower price .

Posted by dendron > 2014-02-26 11:02 | Report Abuse

Consolidating after days of hike...

Posted by chongbh2 > 2014-02-26 12:56 | Report Abuse

up so fast , drop also so fast

Posted by Yuming > 2014-02-26 15:05 | Report Abuse

Drop cont, good..... Enter point at 1.40-1.45

Posted by xm88 > 2014-02-26 15:17 | Report Abuse

The very low volume traded during the correction is a good sign that the uptrend is still intact.

Posted by Equity_Boleh > 2014-02-26 23:55 | Report Abuse

Good fundamental stock. Bought at 1.55 when qtr result announcement. Will buy at this level to average up. Target RM2.00

Posted by huat_tat_88 > 2014-02-27 10:01 | Report Abuse

Bought in more... TP 2.00 can sell at 1.90-1.95 :)

Posted by Sean > 2014-02-27 17:50 | Report Abuse

sienz liao.. put aside as super FD enuf... :)

Posted by Sean > 2014-02-28 10:22 | Report Abuse

going stagnant again....

Posted by SANG-JERO > 2014-02-28 10:26 | Report Abuse

Wait for price to go down further....lot's of uncertainty....

Posted by hello123 > 2014-03-02 22:01 | Report Abuse

small/mid cap sentiment is weak at last week..but sbccorp still can stand at quite high price...think next week would be better when market starts to stabilize

Posted by Sean > 2014-03-03 15:53 | Report Abuse

going down, going down...

Posted by Sean > 2014-03-03 16:40 | Report Abuse

SBC o SBC... why going back to 1.5X O.O

Posted by Yuming > 2014-03-03 16:51 | Report Abuse

Yes!!!!!!!!!! aim below 1.50

Posted by cloudstrife > 2014-03-03 18:21 | Report Abuse

good buy below 1.50

Posted by ch beh > 2014-03-03 19:40 | Report Abuse

Game over.

Posted by ch beh > 2014-03-03 19:40 | Report Abuse

Restart the game in May.

Posted by xm88 > 2014-03-04 00:38 | Report Abuse

The market sell off is due to situation in Ukraine.

Posted by jwong7 > 2014-03-04 09:20 | Report Abuse

Back in the game!