Posted by soros228 > 2021-07-01 08:19 | Report Abuse

Wall Street Sifu , can give your opinions regarding capital reduction ?
Thanks

Posted by Yu_and_Mee > 2021-07-01 08:23 | Report Abuse

Share capital reduction, CEO Rosland ceased to be substantial holder.

Posted by tollebunsmith > 2021-07-01 08:25 | Report Abuse

EGM made the vote yesterday, all this was know a few weeks back, Major shareholders would have decided and taken action , so this is not new news, So what is the direction today? up , down or center?

Posted by Bgt 9963 > 2021-07-01 08:27 |

Post removed.Why?

Posted by tollebunsmith > 2021-07-01 08:35 | Report Abuse

why not red! expected a drop so can buy at lower price. Unch means got support... hopefully some forced seling can pick up some shares.

Posted by tollebunsmith > 2021-07-01 08:42 | Report Abuse

505.. go lower... like 48// sure lots of people want a bargain.. hope they are not just foolin us with low pre open price... get lower sellers...dont know what is the lowest, but buying lower than most pf the people here would be chance to make some money

Posted by tollebunsmith > 2021-07-01 08:43 | Report Abuse

not buying a lot, just a few k, topup later if it drops...just my way only. not a buy or sell call

Posted by Yu_and_Mee > 2021-07-01 08:44 | Report Abuse

Sarawak Consolidated Industries Bhd’s (SCIB) shareholders today approved the group’s proposal to cancel RM40 million worth of its issued share capital. The credit arising from the share capital reduction would be used to eliminate the accumulated losses of the group, said SCIB.

Posted by tollebunsmith > 2021-07-01 08:44 | Report Abuse

serbadk seem very strong support at 33... that day went up to 37,, the warrent als seems stable and found support level

Posted by tollebunsmith > 2021-07-01 08:46 | Report Abuse

drop i happy, goes up me sad.. cos dont chase a share. no good, less profit

Posted by soros228 > 2021-07-01 08:47 | Report Abuse

yu n me; can explain the capital reduction?
Where they get the money from ?
Is it share consolidation? Thanks

Posted by tollebunsmith > 2021-07-01 08:47 | Report Abuse

not much selling means people smart, why sell low when price can pick up?

Posted by tollebunsmith > 2021-07-01 08:49 | Report Abuse

i giy seems to quote 140,000 shares at 48sen, RM74k..margin call ?.. if last min he dont sell means he just fooling aroun.

Posted by Yu_and_Mee > 2021-07-01 08:49 | Report Abuse

Details go read announcement or Edge

Sarawak Consolidated Industries Bhd’s (SCIB) shareholders approved the group’s proposal to cancel RM40m worth of its issued share capital. The credit arising from the share capital reduction would be used to eliminate the accumulated losses of the group, SCIB said in a statement after shareholders approved the proposal at an extraordinary general meeting. Separately, in a filing to Bursa Malaysia, SCIB notified that group MD/CEO Rosland Othman has ceased to be a substantial shareholder of the group. This comes after he disposed of a total of 3.16m SCIB shares, reducing his shareholding to 4.69%. (Edge Markets)

Posted by tollebunsmith > 2021-07-01 08:50 | Report Abuse

hopefully he is serious in selling.. got buyers waiting to grab...to topup to average the price a bit

Posted by soros228 > 2021-07-01 08:52 | Report Abuse

Noted. Thanks. Yu n me.
The capital reduction is from ?

Posted by tollebunsmith > 2021-07-01 08:58 | Report Abuse

sheet the 140000 guy cabut already, donet want to sell, now price is unchenged not 505.. no luck !!! want buy cheap so kanot

Posted by Yu_and_Mee > 2021-07-01 09:19 | Report Abuse

exit door open again today

Posted by tollebunsmith > 2021-07-01 09:20 | Report Abuse

55 done!!!! bought yeterday av 485.. GOOD!!!!!

Posted by tollebunsmith > 2021-07-01 09:21 | Report Abuse

serbadk 35 wow!!!

Posted by tollebunsmith > 2021-07-01 09:21 | Report Abuse

35 got 10 mil shares... if sapu these 10 mil, i feel very happy for this counter

Posted by tollebunsmith > 2021-07-01 09:22 | Report Abuse

left 9 mil

Posted by tollebunsmith > 2021-07-01 09:48 | Report Abuse

up 12%.. .sayang you people never buy yesterday

Posted by tollebunsmith > 2021-07-01 09:50 | Report Abuse

buy yesterday, today cabut, u brttrt than fund managers of epf.. he kabe 6% per uear, you make 12 % per day. Like this u no need work for 1 year, Two years later come baack to work, only than equal to epf... waaah congratulation

Posted by neouslaughter > 2021-07-01 09:52 | Report Abuse

wagyu for dinner tonight

Posted by siaokar > 2021-07-01 09:53 | Report Abuse

then previous nites eat what? porridge with pipe water?

Posted by tollebunsmith > 2021-07-01 09:53 | Report Abuse

sorry , now u make 14.5 % wo!!

myone is see up 20% ... fatataat laaa like this!!!

Posted by neouslaughter > 2021-07-01 09:55 | Report Abuse

tudemon....ignore the lowballer

Posted by tollebunsmith > 2021-07-01 09:56 | Report Abuse

now i see my scib make 25%.. waaa, this si super, regret i put in 5 figure only, if put in 5 fig, i no guts, 6 figure i dare put in MBB & PBB only

Posted by tollebunsmith > 2021-07-01 09:59 | Report Abuse

something wrong laaa. it says now my profit 30% where can like this... i am very very lucky if true.. my av price ( bought yesterday was 0.491

Posted by soros228 > 2021-07-01 10:00 | Report Abuse

huat ah

Posted by firehawk > 2021-07-01 10:04 | Report Abuse

+25% :D :D

Posted by soros228 > 2021-07-01 10:07 | Report Abuse

sold at 64

Posted by dompeilee > 2021-07-01 10:11 | Report Abuse

dompeilee Bought back SCIB @47c
29/06/2021 9:32 AM

SOLD@63-65c...=D

Posted by IvanC > 2021-07-01 10:12 | Report Abuse

limit up!!!!

Posted by Layman2020 > 2021-07-01 10:14 | Report Abuse

If you are in Sarawak, you will know what SCIB capable of. Infrastructures development is their strength. Huge Sarawak land waiting for development.

Posted by Yu_and_Mee > 2021-07-01 10:25 | Report Abuse

1st Reminder

Yu_and_Mee exit door open again today
01/07/2021 9:19 AM

Posted by NatsukoMishima > 2021-07-01 10:33 | Report Abuse

Greedy bilis deserve the lose !

Posted by birdparadise > 2021-07-01 10:46 |

Post removed.Why?

Posted by newbiehk2014 > 2021-07-01 11:03 | Report Abuse

Happy days for who with deep pockets and took risk lor. Bilis watching show only.

Posted by wallstreetrookie > 2021-07-01 11:04 | Report Abuse

Taking a break. Come again later

Posted by soros228 > 2021-07-01 11:23 | Report Abuse

Add more

Posted by birdparadise > 2021-07-01 11:47 |

Post removed.Why?

Posted by williamtkb > 2021-07-01 12:37 | Report Abuse

Yeah... Waiting for karim's margin call force selling again. No need to buy high.

Posted by soros228 > 2021-07-01 12:38 | Report Abuse

u wait
i buy, tq

Posted by birdparadise > 2021-07-01 12:48 |

Post removed.Why?

Posted by birdparadise > 2021-07-01 12:52 |

Post removed.Why?

Posted by Dingdongbell > 2021-07-01 13:18 | Report Abuse

Three rounds scib profit, contra back serbadk loss.

Posted by NatsukoMishima > 2021-07-01 13:38 | Report Abuse

What will happen if EY last minute also reject ! Tomorrow is friday already !

Posted by Ally Yee Min Ong > 2021-07-01 13:45 | Report Abuse

Sold all. Goodbye SCIB.