lousy counter, throw fast fast better, Siah brother from last time until now also never change. old fox.....use JQ project to ask people invest and use the money to pump in other side then say bye bye to investor. increase geng geng then press the price until people loss jialat jilat
SBC has not been able to launch its Jesselton project in KK even though it has been more than 1.5 years. Why it takes so long to do so? Suria Capital has taken into account those progress payment made into account whereas SBC is yet to recognise it.
Look at it's historical chart and AR. No real expertise in any shit. Essentially a crony-driven construction and property business. The high of 1.50 last year was because of Jesselton Quay rumours and obviously the crony-connection failed to score a goal so prices dropped back to LT value of 0.70. Would you invest in a company with no real expertise?
I sold every sbccorp stock I have. I've learnt my lesson not to trust these banks stock market report. There's no substitute for using your own brain to protect your own interest in Malaysia. Banks are in cahoots with these companies. Guys if you still own sbccorp, read their annual reports, look at their dumb face board members and management again... Think: Can they make money for you or make money for themselves?
I am very disappointed with SBCCORP. In 2014 they put in the dividend policy which says they will pay AT LEAST 20% of net profit. But now they change the tune and say UP TO 20%. The management is not trustworthy!!!
http://www.jesseltonquay.com.my/ Looks promising, even if it is half as good as SG marina bay it will thrive After all it's the rich retirees' favorite place
at btm already, i also start accumulating some and wait for JQ project good news keep coming in...accumulation stage, just hold for next 3 year sure will bear fruits
The project fully taken up within 5 hours. The Management mispriced the first property launch in JQ project. Come 2nd property launch, they must increase at least 15%. Come 2st Q, we shall be able to see good progress billing coming in STRONGLY
Thank you weng77, you really have done your home work well. This is time to buy SBC and hold it for 2-3 years in order to reap better profit. Do you think so?
Attend the AGM in Sep, fire BOD n management, significant dropped in revenue n turn to loss yet asking for fees. Ask them what are the KPIs for CEO who got so much salary n bonus even though company performed badly n BOD KPIs too. Bonus paid to top 2 increased by app 150% from previous year. KPI for bonus is when revenue, net profit down and zero dividend, bonus up 150%. Minority sucked again.
AGM on 27 Sep. Hopefully can make it. Don't expect acceptable answer as most likely ....will response that they need to retain tallent.... Afterall majority shareholders ma.
As a listed company, one quarter only 2 million ringgit revenue don't talk about the loss making situation, obviously is sucking others money with higher pay yet failed to deliver. Poor regulatory regime will only see management and BOD continue to earn more despite non performing.
It is unthinkable for publicly listed company to record only 2 millions revenues. Many privately owned "Sdn Bhd" could report better than 2 millions revenues. In spite of bad times, directors did not practise self-sacrificing love along with minority shareholders who suffered so much in terms of share price reduction and absence of dividends. Directors still proposed and approved 150% fees increment. Is there any justification? Any rationale to do so? What kind of KPI and transparency practised by Board of Directors of SBC Corporation!!
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2909 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
limayseng
2,076 posts
Posted by limayseng > 2016-02-23 20:03 | Report Abuse
Friday, 19 Feb 2016
5:41PM SBCCORP Nine-month net profit 13.248 million (decreased 1.55%)