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
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
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.
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.
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.
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.
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
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.
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.
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....
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