SARAWAK CONSOLIDATED IND BHD

KLSE (MYR): SCIB (9237)

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Last Price

0.28

Today's Change

-0.005 (1.75%)

Day's Change

0.28 - 0.29

Trading Volume

1,779,400


8 people like this.

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

Posted by warrantKing > 2020-08-27 20:15 | Report Abuse

Actually , 5.51 sens profit is "so so "only . Not really excellent.

But taking consideration of MCO , and Qater Oman project (which revenue surge) , this stock is worth to keep for longer period.

Btw, bonus issue , free warrant , and dividend really is a surprise to me !

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-27 20:18 | Report Abuse

You should recall back that before this RM850 millions project there is another project from Oman & Qatar worth RM117.2 millions.

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-27 20:20 | Report Abuse

Subsequent QR will be extremely good because RM850 millions will start to reflect in next QR.

Burstard

183 posts

Posted by Burstard > 2020-08-27 20:20 | Report Abuse

Other companies making loses for this quarter . Scib report profit and dividend its a very good stock to look at

gemfinder

6,880 posts

Posted by gemfinder > 2020-08-27 20:21 | Report Abuse

I just dun understand revenue so huge but cost of sales oso a lot thay drag down the profit. Anyway gaceptsble result looking ahead for beter performce in future

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-27 20:22 | Report Abuse

I was impressed by the bonus issue, free warrant and the dividend!

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-27 20:26 | Report Abuse

Due to MCO period, Manufacturing segment making loss about RM2.9 millions drag down the QR performance. If not, this QR earning could stand at RM7.8 millions above.

karimboss

1,168 posts

Posted by karimboss > 2020-08-27 20:28 | Report Abuse

-Manufacturing segment making loss due of MCO
-Foreigner Income Tax

Next QR will bomb. Watch out. Stay Tuned More Award coming from Serbadk.

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-27 20:28 | Report Abuse

And this results haven't include the RM850 millions project.

Posted by idiotinvestor > 2020-08-27 20:42 | Report Abuse

why didnt include the 850M project since the project start from May?

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-27 20:45 | Report Abuse

Because Oman and Qatar lock down since April.

hoh13

468 posts

Posted by hoh13 > 2020-08-27 20:50 | Report Abuse

I alrdy said this quater profit after tax(PAT) was delayed due to MCO. However, second half of 2020 for SCIB will be quite bullish. At least 20 millions PAT start from next quarter, my expectation.

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-27 20:50 | Report Abuse

Bonus issue, free warrant and also dividend will boost the price further, I never experienced price dive down when thereis bonus issue. Furthermore, subsequent QR will be extremely good. All these news definitely will boost the price to north. Of course, there will be some turbulences during the journey.If your are long term investor, just ignore it. The journey just start.

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-27 20:55 | Report Abuse

Yalah. Hoh13 is the best prophet.哼

hoh13

468 posts

Posted by hoh13 > 2020-08-27 20:57 | Report Abuse

Let's see SCIB performance in second half of 2020. What I can say here is, the management told investors in the corporate briefing, SCIB's internal target is to get 61m net profit in FY2020.

Posted by SuperMentalControl > 2020-08-27 20:58 | Report Abuse

hohoho this time hoseh loh. Never expect warrant and bonus issue leh.

Posted by SuperMentalControl > 2020-08-27 20:59 | Report Abuse

Congrats Ally Hoh13 and all the followers ya...

Posted by longtermvaluegain > 2020-08-27 21:02 | Report Abuse

RM0.86 or 86 sen per warrant !
Wow, wow, wow!!!

Posted by longtermvaluegain > 2020-08-27 21:05 | Report Abuse

每持有1股SCIB股份可获得3股红股的方式,发行多达367,897,500股SCIB新普通股(“ SCIB股”或“股份”)(“红股”)。

Posted by longtermvaluegain > 2020-08-27 21:06 | Report Abuse

Free Warrant:
以每2股SCIB股份1份认股权证为基础.

Posted by longtermvaluegain > 2020-08-27 21:08 | Report Abuse

持有每1股,送3红股。
派发总高达367,897,500 红股。

Posted by longtermvaluegain > 2020-08-27 21:09 | Report Abuse

Free Warrant:
持有每2股,送1 Free Warrant。

Posted by longtermvaluegain > 2020-08-27 21:10 | Report Abuse

Free Warrant 高达245,265,000。

Sky Liew

940 posts

Posted by Sky Liew > 2020-08-27 21:16 | Report Abuse

Just hold tie u share
Next year result sure increase many

brendonyeap

1,648 posts

Posted by brendonyeap > 2020-08-27 21:38 | Report Abuse

Buy as much as possible SCIB

patrickong

302 posts

Posted by patrickong > 2020-08-27 21:59 | Report Abuse

If buy tomorrow still entitle bonus?

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-27 22:16 | Report Abuse

You are entitle if buy before ex date. Pls wait for the exdate announcement ya.

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-27 22:17 | Report Abuse

I can't wait to buy more to enjoy free warrant.

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-27 22:24 | Report Abuse

SCIB's management very kindful. They willing to share their wealth with shareholders. Unlike some con company like JAKs at this tough moment still asking money from shareholders. Need to pay to subscribe RI to entitle free warrant.

Posted by idiotinvestor > 2020-08-27 22:33 | Report Abuse

possible to hit 2Billion market cap within 2yrs

gemfinder

6,880 posts

Posted by gemfinder > 2020-08-27 22:43 | Report Abuse

Pls clarify me. This free warant basis is after the bonus isue right?

benpang

33 posts

Posted by benpang > 2020-08-27 22:45 | Report Abuse

OMG!!! If you have 1,000 shares, you will get free 3,000 shares and free 2,000 warrants. Tomorrow SCIB will limit up. Have never seen such a generous counter. Long live SCIB!

husni007

23 posts

Posted by husni007 > 2020-08-27 22:50 | Report Abuse

That free warrant can be sell immediately into market?thats mean additional profit on top of existing share?

gemfinder

6,880 posts

Posted by gemfinder > 2020-08-27 22:53 | Report Abuse

If i hv 1k scib. I wil get 3k bonus scib. Total 4k scib. Then free 2k warant. Corect?

Posted by idiotinvestor > 2020-08-27 23:00 | Report Abuse

corect

rakel

8 posts

Posted by rakel > 2020-08-27 23:18 | Report Abuse

what's good to have warrant share?

Posted by idiotinvestor > 2020-08-27 23:34 | Report Abuse

u can think it as free money...hold longer u get much

soros228

2,034 posts

Posted by soros228 > 2020-08-27 23:36 | Report Abuse

Sifu when is the ex date

hoh13

468 posts

Posted by hoh13 > 2020-08-28 00:09 | Report Abuse

Next qr expect at least 20m profits, with 15-20% growth start from 2021. Let's see strong fundamental of SCIB and share price performance.

Posted by warrantKing > 2020-08-28 00:11 | Report Abuse

Wtf
This SCIB , 1 share become 4 share , and free 2 warrant.

Let say after split is 80sens , free 2 warrant , if u sell at 20sens each.

Mean SCIB (RM3.3) , U GOT 40SENS DIVIDEND !!!!!

Am i right ?


* and the warrant might easily 30 to 40sens .....

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-28 06:50 | Report Abuse

Guys, if you have any queries on the bonus issue. You can pm me ya. I

Posted by longtermvaluegain > 2020-08-28 07:29 | Report Abuse

每持有2 units Scib , 送1 unit free warrant.

Gemfinder 好像误解了。

Posted by longtermvaluegain > 2020-08-28 07:30 | Report Abuse

Correct me if I'm wrong.

Posted by idiotinvestor > 2020-08-28 07:53 | Report Abuse

他没错

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-28 07:59 | Report Abuse

Gemfinder is right.

Ally Yee Min

1,134 posts

Posted by Ally Yee Min > 2020-08-28 08:01 | Report Abuse

SCIB's management is giving free warrant! Yes, it is free.

Sky Liew

940 posts

Posted by Sky Liew > 2020-08-28 08:55 | Report Abuse

Bonus will complete in two month
Normal 1month some then will get jo

Sky Liew

940 posts

Posted by Sky Liew > 2020-08-28 08:56 | Report Abuse

Before bonus 1:3 should fly up first
If now below rm1 lo haha

Sky Liew

940 posts

Posted by Sky Liew > 2020-08-28 09:05 | Report Abuse

Just hold long few year u can get many reward de
Trust datuk k

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