SARAWAK CONSOLIDATED IND BHD

KLSE (MYR): SCIB (9237)

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Last Price

0.27

Today's Change

-0.01 (3.57%)

Day's Change

0.26 - 0.28

Trading Volume

16,861,800


8 people like this.

23,163 comment(s). Last comment by fl1zz0 3 days ago

chshzhd

1,908 posts

Posted by chshzhd > 2020-06-18 16:58 | Report Abuse

its ok , keep calm n wise:)

tualp

452 posts

Posted by tualp > 2020-06-18 17:32 | Report Abuse

congrats to those who chased high today....those who bought 2.08 and above cannot sleep lor.

Tml even worst will definitely drop to below 1.82.....

karimboss

1,168 posts

Posted by karimboss > 2020-06-18 17:52 | Report Abuse

HUAT AH

tualp

522 posts

Posted by tualp > 2020-06-18 18:07 | Report Abuse

good stock buymore tomorrow morning. tp 3

brendonyeap

1,648 posts

Posted by brendonyeap > 2020-06-18 19:08 | Report Abuse

Good stock, steady. Now outstanding orderbook of RM 1.1 billion. Assuming net profit margin of 9-14% ( from the 4Q2019 and 1Q2020 results of construction based revenue and profit of SCIB), The estimated gross profit will be around RM 90 - 145 million over 15 months period ( assuming extension of 3 months for COVID in Oman and Qatar for its projects which are supposed to complete by April 2021).

Total no. of shares post PP is 122 million.
EPS will be around RM 0.74 - 1.20.

brendonyeap

1,648 posts

Posted by brendonyeap > 2020-06-18 21:01 | Report Abuse

Thanks. I thought I was wrong when i analysed the entire quarterly results last night. But when i read all its projects and solid background of Datuk Karim with his dream of creating an EPCC dynasty in his circle of companies, i immediately bought 100k shares at rm 2.06-2.12

Posted by Stock Wizard ( no sell no loss ) > 2020-06-18 21:19 | Report Abuse

wow ally amoi lawa , support

qqq33333333

3,053 posts

Posted by qqq33333333 > 2020-06-18 21:38 | Report Abuse

quarter profits 5 sen x4 = PE 10, and this is only the beginning.

brendonyeap

1,648 posts

Posted by brendonyeap > 2020-06-18 21:57 | Report Abuse

Buy as much as possible

tualp

522 posts

Posted by tualp > 2020-06-19 08:22 | Report Abuse

Good stock...buy more

tualp

452 posts

Posted by tualp > 2020-06-19 08:28 | Report Abuse

waiting for the price to drop and buy back later.......

tualp

522 posts

Posted by tualp > 2020-06-19 08:36 | Report Abuse

Good counter…buy more

tualp

452 posts

Posted by tualp > 2020-06-19 08:55 | Report Abuse

DJI dropped. Futures also drop.....alamak......drop la SCIB....

chshzhd

1,908 posts

Posted by chshzhd > 2020-06-19 09:44 | Report Abuse

buy n keep..

tualp

452 posts

Posted by tualp > 2020-06-19 09:54 | Report Abuse

2.06.....today close at 2.00

tualp

522 posts

Posted by tualp > 2020-06-19 10:01 | Report Abuse

Go…go…go… today close at 2.50

Posted by Stock Wizard ( no sell no loss ) > 2020-06-19 10:23 | Report Abuse

scib no power ... haih

tualp

452 posts

Posted by tualp > 2020-06-19 10:28 | Report Abuse

scib banyak lembik....today close at 2.00.

I think hv to wait for easily 1 month.

those who got private placement at 1.82 laugh all the way to bank. IF they sold yesterday at average price of 2.15 profit of RM0.33 per piece.

Based on yesterday volume of 5,000,000 shares x 0.33=profit RM1,650,000

Then next is to wait for the price to drop and sapu at 2.00 and below....am I right to say so?

hv to wait for the volume to accumulate until 5,000,000 shares for the next few weeks only got show.

now got no show at all.....

tualp

522 posts

Posted by tualp > 2020-06-19 10:39 | Report Abuse

Buy…and keep

Layman2020

435 posts

Posted by Layman2020 > 2020-06-19 11:09 | Report Abuse

Interesting...

latlut

302 posts

Posted by latlut > 2020-06-19 11:21 | Report Abuse

Hi Ally. thanks for the summary.

tualp

452 posts

Posted by tualp > 2020-06-19 11:30 | Report Abuse

Shame on you:-

1) As of todate valued on hand projects - RM1.1 billions. (profit merely 4million so high PE)
2) Expected Oman & Qatar projects value at RM900 millions to be complete before Apr 2021 (High chance delayed by few more months)
3) Management confident to achieve RM1.5 billions order book by end of the year. (Market sentiment so week Serbak share price also drop like mad how to get new projects?)
4) Expected award another RM1.37 billions projects from Seba Group. (If the coming EGM being rejected by serbak shareholders?)
5) Coming QR will be cash rish as private placement already successfully done. (Fund to be used to finance its existing projects which required high capex)

Please study before give naïve comment.....AllyAlly

tualp

452 posts

Posted by tualp > 2020-06-19 11:37 | Report Abuse

RM1Billion, I also can say I wanna be billionaire by end of the year by buying lottery la...want to be and can be is 2 different things ok.

PETRONAS cutting capex how to award new project to sub-contractors?

Even SCIB obtained license from PETRONAS also serve no purpose la...

Today and next Monday is not suitable to buy SCIB shares.

So many ppl stuck at higher price going to cut loss and go.

Monday is worst (T+2)

So is either sell now or dun catch the falling knife.

my forecast for today closing 2.00, Monday closing at 1.98

tualp

522 posts

Posted by tualp > 2020-06-19 11:38 | Report Abuse

I want to buy cheap…drop more pls… fxxk you AllyAlly

tualp

522 posts

Posted by tualp > 2020-06-19 11:40 | Report Abuse

AllyAlly…better find sugardaddy la…dont invest here

tualp

522 posts

Posted by tualp > 2020-06-19 11:42 | Report Abuse

Gap down… good luck all, only sohai catch the falling knife

tualp

452 posts

Posted by tualp > 2020-06-19 11:43 | Report Abuse

Jessie 94 don't create dummy nick name to mislead ppl.

Posted by ITreeinvestor > 2020-06-19 11:44 | Report Abuse

the share price tell the fact..................

tualp

522 posts

Posted by tualp > 2020-06-19 11:46 | Report Abuse

Go find sugardaddy AllyAlly…Omg! Gap down 1.82

tualp

522 posts

Posted by tualp > 2020-06-19 11:47 | Report Abuse

Drop more… I want to buy

Posted by ITreeinvestor > 2020-06-19 11:49 | Report Abuse

think the other way , why cant the purpose of Karim enter KPower and SCIB is to boost Serbadk ?
they can play with those accounting and make Serbadk earning much better by get low price of raw material and project margin from SCIB & KPower ?

tualp

522 posts

Posted by tualp > 2020-06-19 11:54 | Report Abuse

No hope la… pls drop.more gap down 1.82

tualp

452 posts

Posted by tualp > 2020-06-19 11:56 | Report Abuse

most likely the resolution to award projects to Kpower and SCIB will rejected and vote against by serbak's shareholder.

Then this SCIB and Kpower price will go down to the drain.

JESSIE 94 created same username as mine. So here got 2 tualp.

Jessie94 I have print screen and prepare to lodge report if necessary....

tualp

522 posts

Posted by tualp > 2020-06-19 12:44 | Report Abuse

Run before too late… 1.82

tualp

522 posts

Posted by tualp > 2020-06-19 12:45 | Report Abuse

I want to buy cheap…

Posted by Stock Wizard ( no sell no loss ) > 2020-06-19 14:59 | Report Abuse

give up my specualation , lost 10k bought at 2.28 , price movement is strange. stop fight here and move to other counter instead

tualp

452 posts

Posted by tualp > 2020-06-19 15:43 | Report Abuse

Stock Wizard ( no sell no loss ) you can buy back at 2.00 and below.

tualp

522 posts

Posted by tualp > 2020-06-19 15:43 | Report Abuse

I want to buy more…1.82 fair value

karimboss

1,168 posts

Posted by karimboss > 2020-06-19 16:50 | Report Abuse

HUAT CHAI AH

Layman2020

435 posts

Posted by Layman2020 > 2020-06-19 17:08 | Report Abuse

bo kang tao ah

tualp

522 posts

Posted by tualp > 2020-06-19 17:44 | Report Abuse

fair value 1.82…good luck all

Posted by Stock Wizard ( no sell no loss ) > 2020-06-19 23:00 | Report Abuse

karim lost his touch, bye bye karim

tualp

452 posts

Posted by tualp > 2020-06-22 11:20 | Report Abuse

Hi everybody, still survive here?

Posted by Stock Wizard ( no sell no loss ) > 2020-06-22 14:40 | Report Abuse

hancur dah

tualp

452 posts

Posted by tualp > 2020-06-22 14:58 | Report Abuse

those who sold earlier, congratulations.

those who chased high, dun give up; keep on average down please......

AK need your support to maintain the price......

Hooray......

tualp

452 posts

Posted by tualp > 2020-06-22 17:10 | Report Abuse

1.82 coming.....

karimboss

1,168 posts

Posted by karimboss > 2020-06-23 10:21 | Report Abuse

HUAT AH

karimboss

1,168 posts

Posted by karimboss > 2020-06-23 10:55 | Report Abuse

HUAT CHAI AH

Posted by Stock Wizard ( no sell no loss ) > 2020-06-23 15:03 | Report Abuse

karim is back , i called him yesterday

Posted by Bursatrador > 2020-06-23 16:59 | Report Abuse

sheep trap?

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