Posted by johnny > 2014-04-30 15:27 | Report Abuse

suddenly drop a lot.

Posted by heavyth > 2014-04-30 15:54 | Report Abuse

profit taking...or news....??

Posted by wongchowsang > 2014-04-30 15:57 | Report Abuse

what happens, today drop 12 cents?

Posted by wongchowsang > 2014-04-30 15:57 | Report Abuse

bad news?

Posted by tuniamasingh > 2014-04-30 15:59 | Report Abuse

look at SHL consolidated instead as recommended by Najib Zamry.

SBC Corp is over goreng.

Posted by wongchowsang > 2014-04-30 16:00 | Report Abuse

that means SBCcorp will drop back less than RM2? buy at above RM2 all people need to cut loss?

Posted by sklyte > 2014-04-30 16:05 | Report Abuse

wow dropped so much, time to buy?

Posted by Gusen > 2014-04-30 16:25 | Report Abuse

brought @ 2.1

Posted by hongsaw407 > 2014-04-30 16:25 | Report Abuse

Ecoworld drops 30 over cents, all panic, SBC also vitimised. But fundamental SBC PE 12X, Ecoworld 40X. So see for yourself!

Posted by mike3329 > 2014-04-30 16:26 | Report Abuse

The dip was a great buying opportunity. Added to my portfolio.

Posted by Gusen > 2014-04-30 16:29 | Report Abuse

this share NTAB so high 3.89 :) Ecoworld only 1.27

Posted by gaomin > 2014-04-30 16:35 | Report Abuse

Rebounded !

Posted by wongchowsang > 2014-04-30 17:02 | Report Abuse

rebound unsuccessful, cry

Posted by wei_meng81 > 2014-04-30 17:14 | Report Abuse

Hold it for another 6 months lor...

Posted by wongchowsang > 2014-04-30 17:16 | Report Abuse

after 6 months also cannot climb leh?

Posted by heavyth > 2014-04-30 19:31 | Report Abuse

is it downtrend or uptrend wave...???

Posted by hello123 > 2014-04-30 20:11 | Report Abuse

not sure if it is operator purposely creating panic,washing out contra and preparing for 2nd wave..but there is a huge 6k buying queue at the end of the day

Posted by KiaSu > 2014-04-30 20:22 | Report Abuse

Only manage to buy 2.10 & 2.13 for 1,000 shares,need more money to invest. Wait until end of may will know the result.

Posted by chong ls > 2014-04-30 20:28 | Report Abuse

Hi heavyth, get the FA & TA comments of the counter from the links:
http://klse.i3investor.com/servlets/forum/900606608.jsp?fp=2 OR
http://klse.i3investor.com/servlets/forum/900779068.jsp
They are very frindly and helpful.

Posted by hello123 > 2014-04-30 21:33 | Report Abuse

jenny, run so that you can collect at 1.8? haha..if you see how strong support after the panic selling.you will know 1.8 will not come..especially from 2.1-2.15

Posted by hello123 > 2014-04-30 21:43 | Report Abuse

chart can be created by human...so chart lie ..haha

Posted by DayOne > 2014-04-30 21:48 | Report Abuse

Hi all. I think Jenny is saying $1.80 might be based on Fibo 61.8% retracement. But I don't think it's going to happen because there is SMA50 supporting @ 1.92. That's the lowest you can go.

The chart of SBCCORP is very bearish right now (in short term). Plus, with the current market sentiment, this is unavoidable. The immediate support is at $2.15, with the next support @ $2.04/2.00.

My humble advise: If you haven't taken any position, wait for reversal sign. Solid bottom hasn't formed now.

Posted by hello123 > 2014-04-30 22:01 | Report Abuse

thanks for the explanation, but from the volume chart, i just saw that the sell down is due to low volume..means the operator still intact with the counter..

Posted by wongchowsang > 2014-04-30 22:35 | Report Abuse

that worry me, i unable to decide seems this share is a good share.

Posted by heavyth > 2014-04-30 22:38 | Report Abuse

RHB BANK top 5 jewel

1. BJAUTO
2. SBCCORP
3. INARI
4. OCK
5. PMETAL

Posted by heavyth > 2014-04-30 22:44 | Report Abuse

chong Is..Thanks..!!

Posted by sklyte > 2014-05-01 11:33 | Report Abuse

1.80? if 1.80 then most of the stocks will drop to 20%, not just sbc corp...

RHB TP 2.98
KENANGA TP 3.24
CIMB TP 3.94

SBC CORP is trading at 65% of its RNAV, it has dividend, low P/E, how to drop to RM1.80? then ECOWORLD WILL DROP to RM3.50 too, haha

Posted by slts > 2014-05-01 12:00 | Report Abuse

Posted by jennywong > Apr 30, 2014 09:42 PM | Report Abuse

i only believe in chart, chart dont lie. human lie.

chart can lie also cos human greed/fear behavior created the chart
many times chart giv false breakout/breakdown signals also
so they do lie

Posted by warrenbuffett0830 > 2014-05-01 22:04 | Report Abuse

When is the Jesselton Quay project going to be approved and launched?

Posted by dragonking > 2014-05-01 22:06 | Report Abuse

trend dont lie.

Posted by SANG-JERO > 2014-05-01 22:28 | Report Abuse

Short term bearish....keep long...

Posted by Valueseeker > 2014-05-02 10:45 | Report Abuse

Based on earlier announcements, I believed Jesselton Quay dateline to sign is by 21 May 2014, unless extended.

Posted by ykgykg > 2014-05-02 11:02 | Report Abuse

Long term bullish !

Posted by bovun2014 > 2014-05-02 11:09 | Report Abuse

annual report shall out in 1-2 weeks time. Estimated dived 5-6 cts.

Posted by colin888 > 2014-05-02 11:22 | Report Abuse

short term bearish .... sell

Posted by heavyth > 2014-05-02 16:16 | Report Abuse

Rebound...uptrend...time to fly...????

Posted by unemployed > 2014-05-02 16:22 | Report Abuse

RM2.10-RM2.20 should be the bottom. Those interested are advised to start buying. At your own risk.

Posted by wongchowsang > 2014-05-02 17:00 | Report Abuse

i realise sbccorp and ecoworld ada jalan, when eco world up, sbccorp up, when ecoworld down, sbccorp down, anyone know why?

Posted by SJSOON > 2014-05-02 19:37 | Report Abuse

@wongchowsang: correlation does not imply causality.

Posted by ktrader > 2014-05-03 08:00 | Report Abuse

Do you have sufficient bivariate
data to carry out parametric or nonparametric regression/correlation analysis?

Posted by gaomin > 2014-05-03 09:58 | Report Abuse

RHB gave target price 2.98 . SBC is one of the top 5 small cap jewels . The other 4 are bjauto , inari , ock and press metal .

Posted by SANG-JERO > 2014-05-03 21:49 | Report Abuse

On the current date Sbc Position is Long - Moderate Buy based on Medium Term analysis and is Long - Strong Buy based on Long Term. Asset "Volatility Risk" is Medium and "Liquidity Risk" is Medium - High. In the Medium Term, Possible begin of a bearish phase only if a reversal happen. In the Long Term, Possible exaustion of the bull cycle. The stock is still moving upwards but Its strenght is decreasing.

Ressistance level 2.49.......Support 2.10....1.55...Good luck

Posted by KiaSu > 2014-05-03 23:05 | Report Abuse

Now what I worry is EMPLOYEES’ SHARE OPTION SCHEME when to release,Whether it will effect the price going up???????

Posted by excelyou > 2014-05-04 16:32 | Report Abuse

Kiara East – SBC Corp’s jewel in the Klang Valley. Kiara East is SBC Corp’s flagship development in the Klang Valley. The project, which spans 20 acres, has a total remaining GDV of MYR1.5bn. The site is about five minutes from Mont Kiara and 15 minutes from the Kuala Lumpur city centre. It is also adjacent to the Batu Metropolitan Park and Taman Wahyu KTM station, and is accessible via major highways such as the Duta-Ulu Kelang Expressway (DUKE), New Klang Valley Expressway (NKVE) and Middle Ring Road 2 (MRR2).
Reputable developers such as Eco World and Mah Sing have also recently ventured into the area at higher land costs. SBC Corp’s development comprises condo-style suites, retail lots and park front villas. In FY14, it launched two new projects with a total GDV of about MYR544m, namely: i) the Dex Suites (GDV: MYR544m), and ii) some retail space worth MYR200m. The take-up rates have been relatively strong, with Dex Tower A being fully taken up, while Dex Tower B (launched in February) saw a decent take-up rate of 30%.

Posted by excelyou > 2014-05-04 16:34 | Report Abuse

Other projects. SBC Corp’s other sizeable projects include a landed affordable housing development project in Batang Kali, which has a remaining landbank of 1,000 acres and carries a future GDV of MYR500m. The units are priced at MYR200,000 to MYR400,000 each, depending on the size. The new phases have been fully sold. We believe that the Batang Kali project should provide the company with steady income growth even if its higher-end products are affected by property-cooling measures. SBC Corp also has smaller projects such as Cantonment Exchange in Jalan Ipoh, Kuala Lumpur (GDV: MYR200m) and 20 acres of undeveloped landbank in Kuantan.

Posted by excelyou > 2014-05-04 16:34 | Report Abuse

Earnings outlook. SBC Corp’s 3QFY14 earnings were strong, with 9M net profit surging 54.4% y-o-y, driven by progress billings from The Peak Soho in Kota Kinabalu and the Dex Suites in Kiara East. We expect similar results for 4QFY14, attributed to higher contributions from these two projects. The company will likely maintain its growth momentum going into FY15, underpinned by contributions from Kiara East, Batang Kali as well as JQ’s possible maiden contribution.
SBC Corp announced on 18 Feb 2014 that going forward, it will be paying out at least 20% of its net profit as dividends every financial year. As such, we estimate DPS of 6.3 sen for FY14 and 5.4 sen for FY15, translating into a decent yield of 2-3%.

BETTER THAN PUT FD.

Posted by excelyou > 2014-05-04 16:35 | Report Abuse

SBC Corporation was recently featured as one of RHB’s 30 Small Cap
Jewels. Earnings over the next 5-8 years will likely be underpinned by
its project in Jesselton Quay, Sabah (GDV: MYR1.8bn). Its projects in
Kiara East (GDV: MYR1.5bn) and Batang Kali (GDV: MYR500m) should
also provide the company with steady earnings growth. We value SBC
Corp at MYR2.98, based on a 30% discount to its RNAV of MYR4.26.

Posted by Joel > 2014-05-05 16:50 | Report Abuse

I ran fr SBC at rm2.37 last week.
i will collect back SBC.

Posted by scope8828 > 2014-05-05 17:15 | Report Abuse

Bought at 2.26, kena d, hold or sell?

Posted by acgerlok5 > 2014-05-05 19:01 | Report Abuse

average down...this is a very solid counter.....only today sentiment is terrible...try to collect during correction period.