Gemfinder, just ignore them. They just try to fool you by posting negative comments so that they can buy at low. They have been talking down the price since 3 months ago.
If you look to the left of the chart, the peak price for scib is RM14 in the 90s which if we calculate for market cap target Karim wants to achieve for scib, it’s almost identical at about RM1.5B. Hahaha maybe he got stuck there and wants to break even XD would be such a baller story if it’s true.
Base on the projected profits. SCIB should value at RM5~6. In order to achieve 1 billion market cap, share price must stand above RM8. Giving 10% of profit margin from RM900 millions Oman & Qatar's projects which is espects to be complete before April 2021, it is achievable. Buy before big institutions start to cover up SCiB. Buy before them to win big.
I start to cover SCIB when the price hanging at RM1.50 during MCO period. I read thru all the announcement and QR. Never miss a single statement from SCIB management. I knew SCIB will perform very very well in the coming quarters.
Operators already accumulated since MCO, now it is the right timing to push up the price to North. Pls dont sell now, engine just start. Operations wouldn't just earn some profits from you then abandoned ship just like that.
I prefer SCIB more than Kpower. Why? Because... 1) The list of contracts awarded to Kpower, the contracts expected duration is 24 months to 48 months compare to SCIB, the awarded contracts received by SCIB, the contracts duration is within 1 year, especially the Oman & Qatar projects worth RM900 millions expected to complete before April 2021. 2) SCIB eyes to achieve RM1.5 billions order book by end of this year, and another RM1 billions by end of 2021. While, Kpower eyes to achieve RM2 billions order book by end of 2021. 3) Beside, SCIB expected to receive another bag of projects worth RM1.37 billions from Serbak Group. This proposal have been release & agreed in the Serba AGM. While, Kpower get nothing from Serba. 4) Serba Big Boss Karim did mentioned he want to see SCIB to achieve 1 billions market cap by next year. This is very impressed.
wow,thanks @AllyAlly,you survey too inside for SCIB.btw i love my baby,i will never giveup the kpower.if i got extra money ,sure i will put here.is most powerful than glove,more predict than other stock.
The reason why SCIB lack behind Kpower, because Kpower was covered by RhB in their small cap Jewel book. As I said before, just buy before Big institutions start to cover up then you will be reward soon.
sold all? or half here ,half there.for my sight , i think the scib for current, but for future is kpower.actually maybe now put here better ,after switch to kpower.你认同吗?
This is just my assumption. Karim will pull out some of the O&G EPCC projects from Serba to SCIB. Serba will lower down the EPCC projects depending ratio in the coming years, and more focus on the IT relevant fields. SCIB is working hard to obtain O&G EPCC license from Petronas.
My sifu said will up in this 1 or 2 days.I covering a lot of ticket already.Guys dont miss this boat.Will up until father and mother cannot recognize u.
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....
AllyAlly
1,134 posts
Posted by AllyAlly > 2020-07-08 08:31 | Report Abuse
Gemfinder, just ignore them. They just try to fool you by posting negative comments so that they can buy at low. They have been talking down the price since 3 months ago.