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

hoh13

468 posts

Posted by hoh13 > 2020-08-29 13:06 | Report Abuse

mayongzheng没人讲你,我讲share fake thing的是longtermvaluegain 不是你,不要半路跳出来 谢东谢西

hoh13

468 posts

Posted by hoh13 > 2020-08-29 13:08 | Report Abuse

longtermvaluegain:"serbadk从proposed到exdate 一路起"

hoh13

468 posts

Posted by hoh13 > 2020-08-29 13:13 | Report Abuse

已卖出的scib获得的资金 大部分已经转去其他两个高成长黑马了。剩下一小部分等大跌补scib而已。

hoh13

468 posts

Posted by hoh13 > 2020-08-29 13:18 | Report Abuse

两个黑马(个人猜测) 分别是A...股, P... 股, 以基本面去找吧,会计算基本面以及公司prospect的人自然有能力找到,不会公布全名, 有兴趣的人自己研究吧 周末时间多。

Posted by Ally Yee Min Ong > 2020-08-29 13:24 | Report Abuse

Stop unnecessary argument. ^_^

soros228

2,034 posts

Posted by soros228 > 2020-08-29 15:11 | Report Abuse

true stop fighting
if it want to go up
it will go up
those want to sell, can buy later
those want to hold, enjoy the ride
no hard feeling.

Posted by warrantKing > 2020-08-29 15:20 | Report Abuse

not need to argue.

Not need to afraid short term up / down of a share.

On march time , SCIB drop to below RM 1 , now also climb back.

So true investor will hold and wont operate so frequent one.

hoh13

468 posts

Posted by hoh13 > 2020-08-29 15:26 | Report Abuse

The people that call me "tian cai" memang kurang ajr.

Posted by mayongzheng > 2020-08-29 15:51 | Report Abuse

死鸡撑饭盖。

Posted by mayongzheng > 2020-08-29 15:51 | Report Abuse

其他人,自己心里清楚就好。

hoh13

468 posts

Posted by hoh13 > 2020-08-29 16:16 | Report Abuse

ini mayongzheng pnye otak ada problem one... From morning until now, I don't know he talking with/to who, 讲话像放屁那样 一粒一粒... maybe my knowledge not enough to understand what u saying. hahahahahahaa funny ppl in this website

hoh13

468 posts

Posted by hoh13 > 2020-08-29 16:38 | Report Abuse

在这事件上,我不去怪Hoh 13。
最重要的还是还大家一个事实。
活在世上,人应该和人讲人话。
posted by:mayongzheng

What I would reply to this above comment: 做莫你要怪我?我从头到尾 都没有讲你/跟你讲话。

"在这事件上"??
my reply:什么事件哦,你发生了什么事,bro?
"最重要的还是还大家一个事实。"??
my reply:你要还大家什么事实,bro?

你是不是在幻想 你拿着麦克风,然后很多记者正在访问你?

hoh13

468 posts

Posted by hoh13 > 2020-08-29 16:39 | Report Abuse

Alamak, 你是不是寂寞过头了?mayongzheng

Posted by longtermvaluegain > 2020-08-29 17:00 | Report Abuse

"Ayam mati menahan Penutup Nasi"
Aku suka.

hoh13

468 posts

Posted by hoh13 > 2020-08-29 17:06 | Report Abuse

"longtermsharefake" u suka tak

fujiapple

241 posts

Posted by fujiapple > 2020-08-30 00:01 | Report Abuse

aiyoyo... every sifu. your money your choice..sell or buy , u are the one click the button...

fujiapple

241 posts

Posted by fujiapple > 2020-08-30 00:04 | Report Abuse

stop loss at Rm3.. or enjoy the ride to RM4..

ZacYXZ

32 posts

Posted by ZacYXZ > 2020-08-30 01:30 | Report Abuse

we are all loyal to karim boss, no need argue. every1 here knows as a fact that the company will be building up as the next unicorn in 2021, with fair value RM 6 / RM 1.5 after split sooner or later. just enjoy the ride and see how long it takes to get there~ lets see how long we need to reach trading buy RM 3.9~ tuesday? keke

gemfinder

6,880 posts

Posted by gemfinder > 2020-08-30 10:33 | Report Abuse

I think no need to sell too early. With so many contracts coming in n with bonis isue n free warant. Just wait for more hansome gsins.

gemfinder

6,880 posts

Posted by gemfinder > 2020-08-30 10:37 | Report Abuse

If scib reach rm4 ex date baru rm1. So cheap. After that ex warant, less than rm1. More ppl wil goreng up again

Posted by Calvinharris > 2020-08-30 12:38 | Report Abuse

FROM QR, I'M NOTICED SOME POINTS:

Net cash generated from financing activities RM67,252,000 ( vs RM296,000 LAST FY Q)
SCIB become CASH RICH currently, right?

Cash and cash equivalents at the end of the period RM71,833,000 ( Vs RM6,840,000 Last FY Q)

Performance review
SCIB recorded revenue of RM94.9 million in the second quarter of 2020, as compared to RM17.9
million in the corresponding quarter of 2019, representing an increase of 430% or RM77 million. The significant increase of revenue recognized for current quarter was contributed by the EPCC segment.

SCIB registered a profit before tax (“PBT”) of RM7.2 million as compared to a loss before tax of
RM111,000 posted in the corresponding quarter last year. The improvement in the PBT was mainly due to the higher revenue growth in the construction contract.
On a year-to-date basis, the Group reported revenue of RM146.7 million in the first half of 2020, as
compared to revenue of RM35.3 million in the first half of last year represent an increase of 316%.

The construction and EPCC segment being the biggest revenue contributor to the Group recorded a total of RM120.5 million. However, the manufacturing division recorded a lower revenue of RM26.2 million for the 6 months period ended 30 June 2020 as compared to the same period in preceding year of RM35 million.

The lower revenue in manufacturing division reported this year was due to the impact of Covid-19
Movement Control Order which slows down the sales in the manufacturing segment. The Group achieved a PBT of RM11.5 million was primarily due to higher revenue contributed by EPCC segment as compared to PBT of RM1.5 million recorded in the corresponding period last year.

The net assets of the Group as at 30 June 2020 stood at RM128 million which translates to RM1.05 net assets value per share.

SCIB registered a PBT of RM7.2 million from a revenue of RM94.9 million for the current quarter as
compared to a profit before tax of RM4.2 million from a revenue of RM51.8 million in the preceding
quarter. A higher profit before tax in the current quarter was mainly attributable to the increase of revenue in the construction contract.

Posted by Calvinharris > 2020-08-30 12:42 | Report Abuse

Prospects for the remaining quarters

On the local construction front, as the government revives more on the large-scale infrastructure projects including the recent Rapid Transit System Link agreement between Malaysia and Singapore, the Kuala Lumpur-Singapore High- Speed Rail, Mass Rapid Transit Line 3, Pan Borneo Highway and others; eyes on the tabling of Budget 2021 in November 2020 and 12th Malaysia Plan in January 2021 to have a clearer picture for the future direction and the infrastructure landscape.

Being the largest precast concrete and IBS manufacturer in East Malaysia, healthy business prospect also lies within state-funded people-centric construction projects that we will be rolling out in stages. This includes Second Trunk Road, Coastal Road, Project Rumah Mesra Rakyat, Sekolah DAIF Sarawak, Government Hospital and Health Clinic, Sarawak Water Supply Grid Programme and others. Banking on SCIB’s strong foothold, we are hopeful of tapping into our localized advantage in Sarawak. In addition, SCIB has entered into an acquisition agreement with Edaran Kencana, a local business entity and Petronas’ licensed vendor which will open the door for the Group to participate in wider range of job tendering going forward.

Outside of Malaysia, SCIB is expanding its footprint into Indonesia, Oman, Qatar and UAE based on their experiences and networks, within considerable pace as global market is still actively tackling the spread of COVID-19. Job potential persists as national development remains a long term initiative. There are several construction opportunities sighted not only from neighbouring country following the relocation of capital from Jakarta to Kalimantan, but also the infrastructure requirements from Qatar for hosting the FIFA World Cup and from UAE for organising the World Expo, as well as the development of Special Economic Zone which has attracted the international investment flow into Oman.

SCIB has achieved its order book target for this year with RM1.6 billion worth of works on hand as at August 2020. This can be translated into earnings for this and next few financial years. In view of the challenges posed by COVID-19 pandemic, mitigation plans have been put in place for contracts in hand in order to minimise the project progress interruption from the aspects of operational process, manpower capacity, supply chain, and distribution networks, in line with the industry required SOP.

Looking ahead, SCIB will focus on three key strategies to drive sustainable value creation:
(i) diversifying the geographical presence;
(ii) strengthening in-house construction capabilities;
(iii) exploring supply chain partnerships or technology enabler that can improve efficiency and productivity. Barring any unforeseen circumstances, such as COVID-19 second wave,SCIB holds a cautiously optimistic view with its prospects and will strive to achieve satisfactory performance in 2020.

Posted by Calvinharris > 2020-08-30 12:45 | Report Abuse

Cash and cash equivalents at the end of the period RM71,833,000 ( Vs RM6,840,000 Last FY Q)
minus RM37,385,000 borrowing,
净现金流SCIB RM34,448,000.

Posted by Calvinharris > 2020-08-30 12:45 | Report Abuse

Pls correct me if I'm miss or wrong, thank you.

hoh13

468 posts

Posted by hoh13 > 2020-08-30 12:45 | Report Abuse

Ally, do u know that why SCIB didn't pay taxes before, but this QR start to pay taxes? I am curious about that, and taxes has pressed down the PAT margin.

Posted by vanness_lyh > 2020-08-30 14:03 | Report Abuse

You need to be careful when gemfinder start to promote certain stock here. Better run from now.

Posted by vanness_lyh > 2020-08-30 14:06 | Report Abuse

Once election all contracts gone lol.

Posted by christophertopher > 2020-08-30 14:24 | Report Abuse

Great, cash Rich Campany!

Posted by christophertopher > 2020-08-30 14:29 | Report Abuse

Kaji dengan mendalam, harris bro.
Syabas!
Jauh lebih bermakna daripada sesetengah manusia ysng menganggap dirinya msnusia kononnya , tak erti pun apa maksud perkataan malu walaupun dah terima malu di mata orang lain.

Posted by Calvinharris > 2020-08-30 14:42 | Report Abuse

我个人只是认为那条水人格有限,小学里缺少道德价值观念,所以才特地下载SCIB 业绩找出更有用的资讯,不只是给自己,同时我认为决定把infomations放在这儿,好让其他小股东们参考。

Posted by Calvinharris > 2020-08-30 14:45 | Report Abuse

我身边有经验的remisier,劝我别在i3forum 闹,假设有任何不解的疑问,都可以找他。

Sky Liew

940 posts

Posted by Sky Liew > 2020-08-30 17:52 | Report Abuse

Now scib book order 1.9b
Estimate full contribution at q4
Now company bids 4.5b project if can get 25%
Then book order will over 2b+
Estimate next year got 65-75m net profit
Around 60 sen eps

Sky Liew

940 posts

Posted by Sky Liew > 2020-08-30 17:55 | Report Abuse

Serba will give more project to scib
Deal to agreement 1.3b project will inject
Now get 600m+
Still got 700m oty

Posted by longtermvaluegain > 2020-08-30 18:09 | Report Abuse

Calvinharris, sky liew bro,
Why you all mention here , Dun give too positive comments (although its a true fact ),if like that, How can I and others guys collect cheap.
I still wan to collect SCIB at around rm3.30 next week.

Posted by longtermvaluegain > 2020-08-30 18:10 | Report Abuse

Please.....

Posted by longtermvaluegain > 2020-08-30 18:11 | Report Abuse

Pls Delete your true facts statements above, calvinharris.

Posted by idiotinvestor > 2020-08-30 18:17 | Report Abuse

i wan to collect SCIB below RM3 please

hoh13

468 posts

Posted by hoh13 > 2020-08-30 19:10 | Report Abuse

I want to collect SCIB below 2.5!! Alrdy waiting few months.. 2.5!

Posted by idiotinvestor > 2020-08-30 19:38 | Report Abuse

sell my house and buy at 2.0!

Sky Liew

940 posts

Posted by Sky Liew > 2020-08-30 21:57 | Report Abuse

Can after bonus issue

hoh13

468 posts

Posted by hoh13 > 2020-08-30 22:44 | Report Abuse

0.6 after bonus! Quite good price

bursabull

123 posts

Posted by bursabull > 2020-08-30 23:24 | Report Abuse

SCIB records much improved quarterly revenue, profit

By NST Business
August 27, 2020 @ 11:26pm

https://www.nst.com.my/amp/business/2020/08/620030/scib-records-much-improved-quarterly-revenue-profit

SCIB has achieved its order book target for this year with RM1.6 billion worth of works on hand as at August.

The company is proposing to undertake bonus issue of up to 367.89 million new shares on a basis of three bonus shares for every one existing shares, as well as an issuance of up to 245.26 million free warrants.

SCIB has declared a first interim single tier dividend of 2.3 sen per share, payable on September 30.

Posted by longtermvaluegain > 2020-08-31 16:50 | Report Abuse

Calvinharris, 你有在吗?怎么还没delete 你的post?
还有一点,别让其他人知道SCIB 已经成为净现金公司。

Posted by longtermvaluegain > 2020-08-31 16:52 | Report Abuse

你也是,SkyLiew.

hoh13

468 posts

Posted by hoh13 > 2020-08-31 17:48 | Report Abuse

longtermvaluegain, 不要再讲了, 等下更多人知道 我就买不到便宜的scib了!

Posted by idiotinvestor > 2020-08-31 18:19 | Report Abuse

烂公司,fast sell before late

Posted by Williamtaychunkit > 2020-09-01 05:16 | Report Abuse

Cash Rich RM34,448,000
股数122,630,000
每股净现金RM0.2809!!!

Posted by Williamtaychunkit > 2020-09-01 08:56 | Report Abuse

一小部分的像你说的那些人,就是对该股有兴趣,故意这么做,自己心照就好。相信很多人都知道那条水,人格很有限,缺少道德价值观。

Posted by Williamtaychunkit > 2020-09-01 08:59 | Report Abuse

After Bonus Issue , adjust price likely will be RM1.50.

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