Posted by wongchowsang > 2014-05-28 16:16 | Report Abuse

CIMB raised RM3.96 target price may achieve

Posted by quahsb > 2014-05-28 17:06 | Report Abuse

it has been a good rebound, buy and keep type. glad I held on tightly.

Posted by KiaSu > 2014-05-28 19:50 | Report Abuse

Now I finally understand why Public Bank estimated RM1.90,it must be price after split .Ha ha ha

Posted by Count3 > 2014-05-28 20:14 | Report Abuse

Here comes the sun!

Posted by Count3 > 2014-05-28 21:39 | Report Abuse

only 1 bank revise the TP? strange.

Posted by ahlek888 > 2014-05-28 22:23 | Report Abuse

wah tml can start accumulating?

Posted by changccs87 > 2014-05-28 22:28 | Report Abuse

bonus issue 1:2 is very good news yet surprice, possible rise till rm3+ tis time, tats why CIMB give target price 3.96 is not play play.

Posted by changccs87 > 2014-05-28 22:29 | Report Abuse

i think will rise till bonus issue ex date.

Posted by excelyou > 2014-05-28 23:31 | Report Abuse

BONUS ISSUE WAS A SURPISE. BASED ON HISTRORICAL, AFTER BONUS ISSUE, SHARE PRICE MOVE UPTREND. E.G. 29 OCTOBER 2013, AFTER BONUS AND ISSUE AT RM1.22. AFTER 6 MONTHS, RM2.24 ON 7 APRIL 2014.

Posted by hello123 > 2014-05-29 00:34 | Report Abuse

KiaSu..good one....Public Bank early early know this bonus issue and give RM1.9 TP after split.

Posted by johnny cash > 2014-05-29 09:50 | Report Abuse

SBC Corp (SBC MK)
Technical BUY with +19.8% potential return
Last price : RM2.22
Target Price : RM2.49, RM2.66
Support : RM2.08
Stop-loss: RM2.06
BUY with a target price of RM2.66 with stop
loss placed below RM2.06. SBC’s share price
has established strong support at RM2.08 after
rebounding twice from a similar level in the
past four weeks. Given yesterday’s gap-up
beyond the “cloud” and successful closing
above both the 10-day and 21-day SMA lines,
we opine that the current correction has ended.
The emergence of fresh buying interest as
shown by a steady rise in trading volume in the
last four days along with an improving positive
momentum should translate into upward
continuation hereafter. We expect SBC to
retest the previous high of RM2.49 in the near
term which, if breached. should pave the way
toward our projected target at the 1.38x
Fibonacci extension level of RM2.66 over the
medium term.

Posted by wongchowsang > 2014-05-29 09:50 | Report Abuse

today look like no power.....

Posted by bovun2014 > 2014-05-29 11:05 | Report Abuse

slow n steady. as long as it creeps slowly till TP. Then split become rm 1.9 as PBB's targeted price

Posted by Count3 > 2014-05-29 18:56 | Report Abuse

Tomorrow up up up up!

Posted by wongchowsang > 2014-05-30 10:10 | Report Abuse

why drop today?

Posted by SANG-JERO > 2014-05-30 10:57 | Report Abuse

The operator have make their money & move to other counter which is so much lower than SBC....I guess...Public Bank is very sharp....I am not sure if CIMB can be trusted......

Posted by lee9fold > 2014-05-30 11:00 | Report Abuse

it shall rise higher soon :D

Posted by quahsb > 2014-05-30 11:36 | Report Abuse

wait and see, but took some profit on the way for those bought at 2.09-2.10

Posted by wongchowsang > 2014-05-30 11:46 | Report Abuse

i buy RM2.30, how to cabut? this share game over?

Posted by xm88 > 2014-05-30 14:52 | Report Abuse

With the surprised announcement of the bonus issue, SBCC should be able to hold its share price at the current level.

Posted by Johnson Tan > 2014-05-30 16:10 | Report Abuse

Please note that the Bonus share is only being proposed by the company - it is not even confirmed. I am more concern on the date investor is supposed to received the declared dividend of 4.75 sen

Posted by winterwolf > 2014-05-30 16:23 | Report Abuse

johson...it rarely happen that a proposed bonus is not carried out by a company in bursa history...especially a healthy profitable company like sbc.

both, bonus and dividend, will be in the bag, just be patient.

Posted by Johnson Tan > 2014-05-30 16:28 | Report Abuse

Wow...great information. Thanks for the good knowledge winterwolf. Patient, I will be...

Posted by Razali Daud > 2014-05-30 23:03 | Report Abuse

This counter seems to hovering btwn 2.20 to 2.24...hope it moves north in weeks to come...

Posted by bovun2014 > 2014-05-31 13:06 | Report Abuse

once bonus and dividend date firm, it will soar again.

Posted by limayseng > 2014-06-01 08:46 | Report Abuse

beware of market meltdown as many had speculated as the Dows is hitting all times high. It just need a spark to get it kicking n I think this should not be discounted!

Posted by GGmalaysia > 2014-06-02 12:09 | Report Abuse

dow should test 17k before another retractment... further and further it will soar above 20k, then that's the time we need to worry about. at the meanwhile inflation and interest rate in the US is still under control

Posted by ahlek888 > 2014-06-02 21:52 | Report Abuse

ahh, wow, can share more on the US outlook? this counter very highly US market dependent?

Posted by KW8899 > 2014-06-03 14:47 | Report Abuse

How long we need to keep this share?newbies here. Please advise

Posted by alexis > 2014-06-04 12:06 | Report Abuse

Hi,can find out where to see the news on proposed bonus issue? Thanks.

Posted by chong ls > 2014-06-04 12:22 | Report Abuse

alexis,
the link: http://www.bursamalaysia.com/market/listed-companies/company-announcements/1636113

Posted by nickctk1 > 2014-06-04 14:28 | Report Abuse

When is the dividend going to be paid

Posted by alexis > 2014-06-04 16:50 | Report Abuse

THANKS CHONG.I HOLD ONLY 10,000 shares, if it approve for 1 bonus share for 2 shares, means I will entitle for 5000 shares extra? Thanks

Posted by wongchowsang > 2014-06-05 09:41 | Report Abuse

insider news the bonus issue will be end of year lah @@

Posted by alexis > 2014-06-06 09:11 | Report Abuse

Noted.however if it goes through,is the above simulation correct? thanks

Posted by Johnson Tan > 2014-06-06 09:37 | Report Abuse

Alexis, you are correct in your simulation - if you have 10K of shares, you will be given a "bonus" of 5K making your total holding - 15K. But do bear in mind that the share-price will also be adjusted accordingly. So for ease of understanding - if the price during before conversion is around RM3 - it will likely be adjusted to RM2. But more advise needed from other sifu. Reference can be made on KAREX - they also issue bonus share 1:2 early this year

Posted by alexis > 2014-06-06 12:24 | Report Abuse

Thank you Johnson.

Posted by Danny Mah > 2014-06-11 16:49 | Report Abuse

Lousy counter

Posted by wongchowsang > 2014-06-12 21:10 | Report Abuse

this counter move between RM2.00 - RM2.24, what they plan for? no people want to buy their share for private placement?

Posted by changccs87 > 2014-06-15 00:50 | Report Abuse

this shares might boom soon, due to hight NTA i think will rise 2 fold++

Posted by Johnson Tan > 2014-06-16 16:11 | Report Abuse

Pardon me being an amateur here. What is "hight NTA" as highlighted in changccs87's message above?

Posted by bovun2014 > 2014-06-18 22:19 | Report Abuse

Net tangible asset.

Posted by hello123 > 2014-06-18 22:38 | Report Abuse

i consider it as "when SBC sell everything it has, every share can get back the NTA price"

Posted by wilkinsonyeo > 2014-06-19 10:45 | Report Abuse

This is a case that people say:

A company is worth more when it is dead than it is alive.

Posted by huat_tat_88 > 2014-06-19 13:41 | Report Abuse

Better chap lap then...

Posted by kokunyamani > 2014-06-20 18:41 | Report Abuse

Board should declare higher dividend, sure price will follow-thru, what to worry, cashflow strong.

Posted by kokunyamani > 2014-06-20 18:52 | Report Abuse

SBCCorp mimics the classic example , the MKH , stagnant for long period , once the assets churning the value, then price will catch to match its potential.

Posted by calvintaneng > 2014-06-20 18:56 | Report Abuse

Hello Every Body in SCC Corp,

I bought SBC Corp at 50 Cts When I saw SBCCorp has High NTA at over RM2.00 years ago. At that time no one talked about High NTA. And SBC Corp was only 50 Cts.

So I am really surprised to see so many talking about SBC Corp's High NTA after price has SHOT PAST RM2.20 (Up 400% Already!)

I Think There Is Limited Upside Now. Why Not Go Over To Mulpha Forum Site & See Another Stock About to Fly Like SBC Corp?

Mulpha is only 44 Cts With NTA of RM1.10. If Revalued NTA is over RM4.00.

Regards,

Calvin Tan Research

Posted by hello123 > 2014-06-20 22:47 | Report Abuse

but Mulpha is certainly not a consistent earning company as SBC

Posted by calvintaneng > 2014-06-20 23:15 | Report Abuse

Neither was SBC Corp earnings consistent when I bought for 50 cts and even lower at 42 cts when it dropped in year 2008. SBC Corp even made a loss of -3.7 for year 2007.

Why I bought a loss making SBC Corp then? Well, I used to go fishing with my buddies in the man made fishing ponds of Ipoh Road, KL in those days. So I know that some future day these land banks will rise in value. My main worry was - when is company going to develop them?.

The rest of the story is now history.

And Mulpha is another potential like SBC Corp.