Posted by Ahhoon > 2014-08-19 22:59 | Report Abuse

time to sell or???

Posted by excelyou > 2014-08-20 10:27 | Report Abuse

Patient patient

Posted by excelyou > 2014-08-20 10:29 | Report Abuse

Holders : Prudential Fund Management Berhad
Date : 31/03/2014
Held (%) : 767,100 (0.49)

TA Dana OptiMix Fund
Date : 31/01/2014
Held (%) : 581,600 (0.37)


Holders : TA Investment Management Berhad
Date : 31/01/2014
Held (%) : 581,600 (0.37)


Holders : Eastspring Investments Unit Trusts - Small-Cap Fund
Date : 31/12/2013
Held (%) : 573,800 (0.37)

Posted by excelyou > 2014-08-20 10:30 | Report Abuse

Many funds manager is waiting to bear fruits

Posted by excelyou > 2014-08-20 10:33 | Report Abuse

Bonus issue submitted to Bursa.

Posted by Ahhoon > 2014-08-20 19:04 | Report Abuse

y it keep drop

Posted by heavyth > 2014-08-20 21:23 | Report Abuse

it is consolidating b4 shoot up....

Posted by hello123 > 2014-08-21 00:10 | Report Abuse

think market is pending quarter report &　progress in Jesselton Quay

Posted by hello123 > 2014-08-21 00:10 | Report Abuse

as well as bonus issue approval..

Posted by excelyou > 2014-08-23 12:24 | Report Abuse

Just like Bonia recently, after Bonus close to the date, share price shoot up.

Posted by MillionaireHub > 2014-08-25 08:39 | Report Abuse

come on hurry publish the result and get the bonus issue..

Posted by MillionaireHub > 2014-08-25 18:02 | Report Abuse

bonus issue approved

Posted by Stevecheahsw > 2014-08-25 18:08 | Report Abuse

Where to see?

Posted by hello123 > 2014-08-25 21:33 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1719301

Posted by ahlek888 > 2014-08-25 22:07 | Report Abuse

wow, so is this a good time to accumulate more?

Posted by lkoky > 2014-08-26 16:20 | Report Abuse

very disappointing with this counter.

Posted by sasang > 2014-08-26 18:08 | Report Abuse

no movement ...

Posted by sasang > 2014-08-26 18:09 | Report Abuse

yet confirmed the bonus issue ?

Posted by MillionaireHub > 2014-08-26 18:21 | Report Abuse

result out ady.. 5.65 sen

Posted by Ahhoon > 2014-08-26 22:32 | Report Abuse

is time to sell?

Posted by hello123 > 2014-08-26 22:53 | Report Abuse

sbc income tax ~40-50%?

Posted by singhisking > 2014-08-27 10:12 | Report Abuse

heading back towards 2.26 - 2.28

Posted by KiaSu > 2014-08-27 10:39 | Report Abuse

Ahhoon please sell to me 2.120,I am waiting.ha.........

Posted by MillionaireHub > 2014-08-27 12:41 | Report Abuse

viagra half life about 4 hours... thats why soft ady. haha

Posted by singhisking > 2014-08-27 13:18 | Report Abuse

LOL.... good one. Anyway, lets hope its on an upward trend reversal from this point onwards, though there could be up & down days as usual.

Posted by Johnny Mah > 2014-08-27 13:43 | Report Abuse

is back!!

Posted by heng88 > 2014-08-27 16:22 | Report Abuse

the result is very good, yet the price is not up?

Posted by Johnny Mah > 2014-08-27 17:02 | Report Abuse

big things start with small beginnings

Posted by Johnny Mah > 2014-08-27 17:03 | Report Abuse

3.96 !!! so far away haha...

Posted by excelyou > 2014-08-27 18:03 | Report Abuse

Target RM3.96 (Stock Rating: ADD)


At 76% annualised net profit, SBC's 1QFY15 net profit was within expectations as 1Q is seasonally a weak quarter. We should see stronger quarters ahead. We maintain our EPS forecasts and target price, based on an unchanged 40% discount to its RNAV; the discount is in line with the discount for other small-cap property stocks. SBC remains an Add. Potential re-rating catalysts for the stock include the maiden launch of the Jesselton Quay (JQ) project and its huge share price discount to its RNAV.


1QFY15 net profit up 20.3% yoy
1QFY15 net profit rose 20.3% yoy to RM7.7m, driven by higher property sales. Net profit could have been even higher if not for certain expenses disallowed for taxation purposes. No interim dividend was declared, in line with our expectation. Associate contribution surged 117% to RM2.6m, mainly due to higher selling prices (higher profit margin) at its Batang Kali, Selangor development. Batang Kali is selling double-storey terrace houses for only around RM350,000 per unit. Although selling prices are much lower than Kuala Lumpur prices, land cost is cheap in Batang Kali (land was acquired in 1995).


RM250m unbilled sales
We estimate its current unbilled sales at around RM250m and this should increase later in the year. SBC is planning new launches by year-end such as an RM160m high-end condominium project in Bangsar, an RM500m condominium project at The Peak, Kota Kinabalu, the RM500m mixed development in Batang Kali and more Kiara East residential units. The company announced the masterplan for its Kota Kinabalu Jesselton Quay (JQ) project at end-May but has yet to have its maiden launch. We believe the delays were at the state levels but we understand SBC is targeting JQ's first launch in 4QCY14, likely to consist of retail and service suites worth RM500m. We have conservatively assumed no earnings contribution from JQ in FY15.


Continues to trade at a huge discount to RNAV/share
The stock has been trading sideways over the past few months. Its share price continues to trade at a huge 68% discount to our RM6.60 RNAV/share. We were looking for the RNAV discount to narrow once the JQ launches its maiden launch but it looks like this would only happen closer to the end of this year.

Posted by hello123 > 2014-08-27 21:25 | Report Abuse

it is keep on pressed down by someone..dont know why

Posted by KiaSu > 2014-08-27 21:29 | Report Abuse

Wait for us to buy at low price then shoot up.

Posted by MillionaireHub > 2014-08-28 21:38 | Report Abuse

come on.. boss Sia please put some soya sauce to goreng pls

Posted by Johnny Mah > 2014-08-29 10:07 | Report Abuse

number of share just 150m+, if goreng can up very fast.

Posted by racktorick > 2014-09-02 14:44 | Report Abuse

when want to wake up??? sleep so long already...

Posted by Ahhoon > 2014-09-04 19:02 | Report Abuse

keep droping why?

Posted by hello123 > 2014-09-04 22:25 | Report Abuse

consecutive 5 red candle....bonus issue + potential JQ project is also useless..

Posted by riskabsorber > 2014-09-05 09:00 | Report Abuse

because most of the land are JV, it depends on the profit sharing and JQ project is yet to approve by state government. Ex-date of the final dividend is yet to announce, gearing rise and projects is slow take up rate.

Posted by Johnny Mah > 2014-09-05 12:32 | Report Abuse

Target RM3.96 ??? i just want RM3.0 is enough for me

Posted by gaomin > 2014-09-05 21:34 | Report Abuse

Dividend 0.0475 ex-date 14 Oct.

Posted by Woody > 2014-09-06 08:37 | Report Abuse

Hi I m newbie, pls tell me how much div if I hv 20k?

Posted by gaomin > 2014-09-06 10:04 | Report Abuse

20,000 x 0.0475= RM950 .

Posted by Johnson Tan > 2014-09-06 19:16 | Report Abuse

Hi Gaomin, I'm a newbie too. What do you by ex-date? Date that we will be receiving the dividend our last day to buy the share in order to get the dividend

Posted by Woody > 2014-09-06 22:03 | Report Abuse

Thanks gaomin. Just ask it is better to sell before the ex date cos share price wud go down after ex. And it seems the profit could b higher than the dividends..

Posted by gaomin > 2014-09-07 11:06 | Report Abuse

Johnson Tan , ex-date 14 Oct means you must buy before 14 Oct to entitle for the dividend . Woody , this counter has not much movements these few months so I don't think it will go up much before ex-date . You can sell if it goes up by 10 cents or more before ex-date . IT's up to you . I am holding a bit longer term . Actually got some good news in yesterday Sinchew Business of a few company including Sbbccorp which will benefit from KVMRT2 .

Posted by hello123 > 2014-09-07 13:09 | Report Abuse

need to wait the launch of JQ, which is pending state government approval, but very likely to launch before end of year

Posted by KiaSu > 2014-09-07 19:26 | Report Abuse

Ya hu dividend coming.

Posted by tenys1227 > 2014-09-08 09:13 | Report Abuse

okok la, consolation prize better than nothing ~~ good sign

Posted by michealc > 2014-09-08 13:32 | Report Abuse

bonus given......

Posted by Johnny Mah > 2014-09-08 17:52 | Report Abuse

yeah