SARAWAK CONSOLIDATED IND BHD

KLSE (MYR): SCIB (9237)

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Last Price

0.30

Today's Change

+0.005 (1.69%)

Day's Change

0.30 - 0.305

Trading Volume

3,837,900


8 people like this.

23,162 comment(s). Last comment by Liquidheart 2 days ago

Raiz368

1,583 posts

Posted by Raiz368 > 2021-10-28 00:12 | Report Abuse

Lowest will go maybe around 20 cent only and warrant 5 cent then become penny stock...

Yames21

5 posts

Posted by Yames21 > 2021-10-28 00:20 |

Post removed.Why?

flyhub888

525 posts

Posted by flyhub888 > 2021-10-28 00:39 | Report Abuse

2moro still got chance to cut loss.. dont fade up gais.

The_JQuestion

1,581 posts

Posted by The_JQuestion > 2021-10-28 03:00 | Report Abuse

interesting if reject their appeall means what suspend is not good enough LOL whats the next best punishment FINE?
i cant see a way bursa can do anything if they fail to submit on time....
the only way is SCIB will face a lot of legal issue or be sued by BURSA thats the next step
but bursa just aa mouse and a tool

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-10-28 05:16 | Report Abuse

SCIB goner...
Better Sell if don't want your fund to be frozen like the other goon Serbadk.

As long Auditing issue cannot settle, funds are better park elsewhere than here.

Frozen funds is the worst thing for small retailers holder...
Hope is fat chance for SCIB to turnaround their fortunes currently.

linheng

1,361 posts

Posted by linheng > 2021-10-28 05:50 | Report Abuse

Public Bank gave TP for Serba D as 31 cents on 27 Oct 2021.
SCIB have drop by 31% from 42 cents to 29 cents. This is more than SD.

Loh Kok Wai W

3,608 posts

Posted by Loh Kok Wai W > 2021-10-28 06:05 | Report Abuse

Public Bank gave TP means ......Tipu....you better run fast.....

Loh Kok Wai W

3,608 posts

Posted by Loh Kok Wai W > 2021-10-28 06:06 | Report Abuse

Malaysia No fund manager already ....just Run n Look Manager only.

linheng

1,361 posts

Posted by linheng > 2021-10-28 06:14 | Report Abuse

On behalf of the Board, UOBKH wishes to announce that 56,000,000 Placement Shares issued pursuant to the Private Placement were listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on Thursday, 14 October 2021.

linheng

1,361 posts

Posted by linheng > 2021-10-28 06:16 | Report Abuse

This PP that was listed on 14 Oct 2021 was issued at 43 cents. The 4th Tranche was to be issued at 43 cents too. Who will buy if mkt price is 29 cents. Obviously got to cancel lah

Posted by TryMakeGoodBuy > 2021-10-28 06:28 | Report Abuse

The counter will be suspended for sure.
Bursa already informed that under ruling the audited accounts must be submitted by month end.
Karim has said accounts can only be done by end December.

Who said pp does not affect share price.
Isn't there more shares with the same earning?

you think company is so generous to cancel 4th tranche of pp.
ask yourself who is the person who have to take up the 4th tranche.
is it not more of a way out for the pp buyer

abang_misai

2,550 posts

Posted by abang_misai > 2021-10-28 06:58 | Report Abuse

Margin calls coming

Posted by raiderstock > 2021-10-28 07:11 |

Post removed.Why?

piranha88

233 posts

Posted by piranha88 > 2021-10-28 07:11 | Report Abuse

Who are the placees? If money has been placed to purchase the pp shares is it fair to refund by reason that the price had gone down? If price. had gone up, they could hv made a killing.
Can we retailers not pick up the shares we bought by reason that there is now a better price on sale? Who benefits from this cancellation?


#stockjobber SCIB is so kind hearted to be returning the placement monies and aborted the deal to placees after the share price dropped, lest they would be losing big time given that the placement price had been fixed at 0.43 ! Well done Karem and good deeds will retribute to you in due course, wish you well and surely you would overcome all your issues and triumphs !
27/10/2021 9:52 PM #

linheng

1,361 posts

Posted by linheng > 2021-10-28 07:54 | Report Abuse

1st Tranche of 10.79m shares was issued at 58.23 cents; 2nd tranche at 56.75 cents and 3rd tranche was issued at 38.39 cent. The 4th tranche (final instalment ) is the one that is cancelled.

stockraider

31,556 posts

Posted by stockraider > 2021-10-28 08:10 | Report Abuse

This is a dead duck stock mah!

xuewen888

11 posts

Posted by xuewen888 > 2021-10-28 08:17 |

Post removed.Why?

wscccccc

70 posts

Posted by wscccccc > 2021-10-28 08:23 |

Post removed.Why?

Legend

4,119 posts

Posted by Legend > 2021-10-28 08:28 | Report Abuse

Ready for big Tsunami...

Posted by SpeedNpower > 2021-10-28 08:29 | Report Abuse

More and more bad news everyday.

leno

6,123 posts

Posted by leno > 2021-10-28 09:04 | Report Abuse

This is one BLACK ASS HOLE
RM 5 k in ... poof ! HILANG !
RM 50 K in ... no sound, also GONE ! DISAPPEAR.

SCIB = Sarawak Con Ikan-Bilis Berhad

BOH CHOW CCCCCCCCCCC AAAAAAAAAAAAAA !!

Posted by Buylowandrun > 2021-10-28 09:06 | Report Abuse

Slowly kill all the retailers
Hehehe

nicholas99

9,844 posts

Posted by nicholas99 > 2021-10-28 09:11 | Report Abuse

run..

Posted by dolphin8838 > 2021-10-28 09:12 | Report Abuse

@Buylowandrun, you have no interest in SCIB, so you can afford to giggle at other's misery.

leno

6,123 posts

Posted by leno > 2021-10-28 09:16 | Report Abuse

Sebak already confirmed doing FRAUD ACCOUNTING
come out with all the FAKE Revenue and FAKE profit for the past 6 fakking quarters !!
Now suspended already.
Those who buy sebak even at cheap price at 30 sen also LOSE everything.

Do not end up like sebak comrades !
Now all crying and some talking in their sleep,
talking to themselves
and worst some even talking to a tree outside their neighbor house.

BOH CHOW CCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAAAA !!

CITADEL

1,867 posts

Posted by CITADEL > 2021-10-28 09:18 |

Post removed.Why?

CITADEL

1,867 posts

Posted by CITADEL > 2021-10-28 09:18 | Report Abuse

buy more???

whizzkid

1,336 posts

Posted by whizzkid > 2021-10-28 09:21 | Report Abuse

fake cum?

nicholas99

9,844 posts

Posted by nicholas99 > 2021-10-28 09:22 | Report Abuse

bila can go up?

muhfiq

759 posts

Posted by muhfiq > 2021-10-28 09:23 | Report Abuse

Let see for today

Hoping can uptrend as usual

angelo

414 posts

Posted by angelo > 2021-10-28 09:24 | Report Abuse

Bought at 0.265. I don't like the bad news but i can't resist its attractive price at the moment. I m willing to take the risks for some rewards.

muhfiq

759 posts

Posted by muhfiq > 2021-10-28 09:24 | Report Abuse

Maybe today have different approach

Or will execute a bit different

Time to move forward

solomolo

1,329 posts

Posted by solomolo > 2021-10-28 09:25 | Report Abuse

if u bought...just wait next year until AR out..

muhfiq

759 posts

Posted by muhfiq > 2021-10-28 09:26 | Report Abuse

Who have bought today?

Can share something?

leno

6,123 posts

Posted by leno > 2021-10-28 09:26 | Report Abuse

There is no reward.
Nil.
Only Con job.
U will keep losing money.

This is Sarawak Con Ikan Bilis Berhad.

angelo

414 posts

Posted by angelo > 2021-10-28 09:30 | Report Abuse

solomolo I am not keeping the stock. Will sell before 9 Nov even if lose. Will cut loss if price break below 0.24.

leno

6,123 posts

Posted by leno > 2021-10-28 09:31 | Report Abuse

if u have bought
then u MUST sell today.
Do not wait.

Sebak is confirmed closed shop next month.
Sarawak Con Ikan bilis will closed shop next year.

linheng

1,361 posts

Posted by linheng > 2021-10-28 09:32 | Report Abuse

PP early this month at 58.23 cents; 56.75 cents and 38.39 cents. Now buy 27 cents. Can fight lah. Buy time to massage results in concert with SD.

solomolo

1,329 posts

Posted by solomolo > 2021-10-28 09:32 | Report Abuse

angelo okey....better stay away first...only if u want to play long term...u must wait until AR out next year

leno

6,123 posts

Posted by leno > 2021-10-28 09:34 | Report Abuse

Do not wait until
Bank FORCE SELL
or Directors DISPOSED all their shares.

Run first, don't think, don't hesitate, don't be greedy.
Live today, fight another day.

BOH CHOW CCCCCCCCC AAAAAAAAAAAAAAA !!

solomolo

1,329 posts

Posted by solomolo > 2021-10-28 09:35 | Report Abuse

Leno keep try more harder loh...haha

Legend

4,119 posts

Posted by Legend > 2021-10-28 09:36 | Report Abuse

sudah ada breakfast money...haha

angelo

414 posts

Posted by angelo > 2021-10-28 09:39 | Report Abuse

solomolo Thanks for the advice. Can't do much now cos already bought. Either make a profit or loss 5k at most if cut loss at 0.24.

Posted by ghost123456 > 2021-10-28 09:40 |

Post removed.Why?

Vicky

1,396 posts

Posted by Vicky > 2021-10-28 09:41 | Report Abuse

Game over guys...expected to plunge again. Stay tune on 30 Nov...

stockraider

31,556 posts

Posted by stockraider > 2021-10-28 09:43 | Report Abuse

Better run b4 too late loh!

angelo

414 posts

Posted by angelo > 2021-10-28 09:47 | Report Abuse

leno It is ok for me. I am willing to lose 5k on this purchase. So, please don't worry for me. I am willing to take the risks.

Posted by hijau belalang > 2021-10-28 09:52 | Report Abuse

prediction for today?
will it exceed certain mark?

leno

6,123 posts

Posted by leno > 2021-10-28 09:52 | Report Abuse

to angelo :
u misunderstood.
Leno not talking to u.
Leno is talking to other forumers.
Anyway, we would like to thanks angelo for helping others who get stuck to escape from this fraud companies.
If u still got some more money to lose, please buy more.
Thanks.

Sarawak Con Ikan Bilis Berhad
BOH CHOW CCCCCCCCCCC AAAAAAAAAAAAAAAAAAAAA !!

Karlos

1,273 posts

Posted by Karlos > 2021-10-28 09:52 | Report Abuse

If the tranche 4 of PP shares were successfully subscribed at 43 sen but later the company choose to return the money, then it indicates that there is nothing wrong with the company financials. The issue is only the delay in producing audited account. The delay is fully expected due to change of auditor otherwise no body will buy the shares in the 4 tranches of PP.
The previous trances of PP were quite recently completed too with prices varying from 38.39 sen to 58.23 sen compared to the aborted tranche 4 at 43 sen.
If these recent issues of shares via PP are successful it indicates nothing wrong with SCIB, unlike SD which have totally different issues with accounting. Mind you these people who had subscribed to these PP are not ordinary bilis. They are normally well informed and have done thorough due diligence prior to putting their money.

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