SARAWAK CONSOLIDATED IND BHD

KLSE (MYR): SCIB (9237)

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Last Price

0.295

Today's Change

+0.005 (1.72%)

Day's Change

0.295 - 0.31

Trading Volume

15,000,000


8 people like this.

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

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-05 18:29 | Report Abuse

Director Ishak all in already kahahahahhaaa

Legend

4,119 posts

Posted by Legend > 2021-11-05 18:31 | Report Abuse

Itu amount celah gigi..bukan all ini..haha

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-05 18:31 | Report Abuse

Director just invested 1.3k hahahahh lolz. He is all in

nicholas99

9,844 posts

Posted by nicholas99 > 2021-11-05 18:44 | Report Abuse

gg.com?

Raiz368

1,583 posts

Posted by Raiz368 > 2021-11-05 18:45 | Report Abuse

Monday lis ast trade...may go lowest price around 15 cent

Vicky

1,396 posts

Posted by Vicky > 2021-11-05 18:48 | Report Abuse

bro...SCIB fate also depends on Serba news. so stay tuned before further buy ....

solomolo

1,329 posts

Posted by solomolo > 2021-11-05 18:50 | Report Abuse

Monday back to 20 cent loh..hehe

RCZ2020

831 posts

Posted by RCZ2020 > 2021-11-05 20:39 | Report Abuse

Leno 0.20 for 2 shares. It's a good deal

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-05 20:42 | Report Abuse

I am looking for 5 shares for 20cents. Please karim i am open to DBT

Posted by Buylowandrun > 2021-11-05 20:54 | Report Abuse

10 sen get 10 shares best

i3lurker

13,685 posts

Posted by i3lurker > 2021-11-05 21:18 | Report Abuse

the Martians had landed in Putrajaya

paulthesotong

2,655 posts

Posted by paulthesotong > 2021-11-05 21:56 | Report Abuse

Your scibstepmother is an alien...

Prudentinv

226 posts

Posted by Prudentinv > 2021-11-05 21:58 | Report Abuse

Scib is still doing business like normal in Sarawak. Why so scare?

i3lurker

13,685 posts

Posted by i3lurker > 2021-11-05 22:03 |

Post removed.Why?

Posted by dianatrader > 2021-11-05 22:26 | Report Abuse

Might be hard to get

Posted by shybutter > Nov 5, 2021 5:45 PM | Report Abuse

Will they get the extensions?

Depeche

4,451 posts

Posted by Depeche > 2021-11-05 22:27 | Report Abuse

No heavy selling from insiders or major shareholders today.....all eyes on Monday then

Posted by alieyasmart > 2021-11-05 22:28 | Report Abuse

Yes. See on Monday what will happen

Posted by Depeche > Nov 5, 2021 10:27 PM | Report Abuse

No heavy selling from insiders or major shareholders today.....all eyes on Monday then

Posted by alieyasmart > 2021-11-05 22:29 | Report Abuse

They need to submit on Monday

Sarawak Consolidated: Bursa warns SCIB of trading suspension again if it fails to submit FY21 annual report by Nov 8. Sarawak Consolidated Industries Bhd has been given an ultimatum by regulator Bursa Malaysia to submit its annual report by Nov 8 or it will face suspension on Tuesday, Nov 9. SCIB had been given five trading days from Oct 31 to issue its annual report, which the group has failed to do since the last correspondence between Bursa to SCIB on Oct 26. (The Edge)

hanna20

570 posts

Posted by hanna20 > 2021-11-05 22:58 | Report Abuse

Hopefully they manage to submit it

Posted by alieyasmart > Nov 5, 2021 10:29 PM | Report Abuse

They need to submit on Monday

Sarawak Consolidated: Bursa warns SCIB of trading suspension again if it fails to submit FY21 annual report by Nov 8. Sarawak Consolidated Industries Bhd has been given an ultimatum by regulator Bursa Malaysia to submit its annual report by Nov 8 or it will face suspension on Tuesday, Nov 9. SCIB had been given five trading days from Oct 31 to issue its annual report, which the group has failed to do since the last correspondence between Bursa to SCIB on Oct 26. (The Edge)

Posted by dimmubroker > 2021-11-05 23:00 | Report Abuse

Nice. Did you buy it?

Posted by chleow > Nov 5, 2021 5:52 PM | Report Abuse

still have support, why worry, buy now sell on Jan 22

Posted by kamirise360 > 2021-11-05 23:04 | Report Abuse

Another red day for SCIB

Will it change on Monday?

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-05 23:39 | Report Abuse

Yes monday more red

Doddle

15 posts

Posted by Doddle > 2021-11-06 00:34 | Report Abuse

Serba n scib everyday bad news... super frustrated... fund managers also left long time ago... left all the public... nothing to push tis counter up

joyvest

10,190 posts

Posted by joyvest > 2021-11-06 08:35 | Report Abuse

on purpose

On purpose not to submit the AR in time to avoid exposure of the contract awarded by half past six company in the report .

If reported , serba is regarded to be doing the same things,which has far more reaching repercussion on the company( serba).

So it is better to sacrifice scib for the sake of saving serba from implication of the shannaigan....

Legend

4,119 posts

Posted by Legend > 2021-11-06 09:35 | Report Abuse

Next week is Black Monday.

InterFund®

1,777 posts

Posted by InterFund® > 2021-11-06 09:42 |

Post removed.Why?

i3lurker

13,685 posts

Posted by i3lurker > 2021-11-06 09:55 | Report Abuse

I started singing bye, bye, SCIB
Drove my Proton to the levee but the levee was dry
Them good ole boys were drinking whiskey 'n rye
Singin' this'll be the day that I die
This'll be the day that I die

kamli3

41 posts

Posted by kamli3 > 2021-11-06 10:08 | Report Abuse

Tak Ada hasil dari kontract Yang karim sign for serba and scib.
Karim know how to play the games.

kamli3

41 posts

Posted by kamli3 > 2021-11-06 10:10 | Report Abuse

Looking back at the many contract that he sign and the many jobs that scib gets.
Does bursa do any checking whether these contract or jobs are real.

leno

6,123 posts

Posted by leno > 2021-11-06 10:36 | Report Abuse

The RM 400 m sarawak muara tuang project claimed to be awarded have been Cancelled without telling the shareholder or bursa, and being given to other company few days ago. U all don't know meh ? Scib no tell u meh ?

https://www.nst.com.my/business/2021/11/742140/ibraco-secures-rm375mil-contract-residential-project-kuching

Whereas The Qatar project ... HAHAHAHAHAHAHAHHAHAH HAHAHAHAHAHAHAH !!
HAHAHAHAHAHAHAHHAH !!

BOH CHOW CCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA !!

sheep

3,844 posts

Posted by sheep > 2021-11-06 10:55 | Report Abuse

omg..Lot 6036...buy buy...jackpot no. today...wakakakakaka

leno

6,123 posts

Posted by leno > 2021-11-06 11:12 | Report Abuse

The Qatar RM 400 million project
Qatar project CLIENT is Interceptor Trading & Contracting Co W.L.L

http://www.interceptorqatar.com/ITC_PROFILE_2020.pdf

This client only used PO box
No address of the company AT ALL.

CANTEEEEEEEEEEEEKKK SEKALI !!

PSAi3alert

982 posts

Posted by PSAi3alert > 2021-11-06 11:28 | Report Abuse

You want the truth?

You can't handle the truth!

We live in a world that has Special Independent Reviews (SIR), and those reviews have to be guarded by men with forked tongues.

Who's gonna do it? You? You, Leno?

I have a greater responsibility than you can possibly fathom. You weep for Integrity, and you curse the lack of Honesty. You have that luxury.

You have the luxury of not knowing what I know -- that Integrity's death, while tragic, probably saved lives; and my existence, while grotesque and incomprehensible to you, saves lives.

You don't want the truth because deep down in places you don't talk about at parties, you want me on that SIR -- you need me to bury the SIR.

We use words like "BAU," "EPCC," "Shoplot." We use these words as the backbone of a life spent pretending something. You use them as a punch line.

I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the fake receivables that I provide and then questions the manner in which I provide it.

I would rather that you just said "thank you" and went on your way. Otherwise, I suggest you pick up a satellite and monitor images of all fictitious projects. Either way, I don't give a DAMN what you think you're entitled to!

alenac

2,647 posts

Posted by alenac > 2021-11-06 11:40 | Report Abuse

Rather Timah whiskey or Fat-timah
............
....Them good ole boys were drinking Timah whiskey 'n rye
..............
Posted by i3lurker > Nov 6, 2021 9:55 AM | Report Abuse

I started singing bye, bye, SCIB
Drove my Proton to the levee but the levee was dry
Them good ole boys were drinking whiskey 'n rye
Singin' this'll be the day that I die
This'll be the day that I die

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-06 12:20 | Report Abuse

I dun think they can release the quarter on time as well. Massive loss of 100mil due to impairments

gemfinder

6,880 posts

Posted by gemfinder > 2021-11-06 12:25 | Report Abuse

Confirm bankrapt

nextan

713 posts

Posted by nextan > 2021-11-06 13:59 | Report Abuse

Run before too late

Jenny

522 posts

Posted by Jenny > 2021-11-06 15:25 | Report Abuse

【假賬風雲之 #金鵬折翼】

曾在马股上市的金鹏Transmile一度是外資和基金經理的寵兒,當年的大股东是我國首富家族公司,账面盈利丰厚。大多数投资機構和外资都把金鹏列为蓝筹股,它的股价一度高达RM15。

2007年初,市场有消息传出金鹏的账目有问题,股价也大跌至RM10以下。但当时年轻的我太傻太天真,以为股价大跌是买入的良机(巴菲特说:别人恐惧我贪婪嘛!)。况且这支股还有“首富光环”罩着,怕什么?于是我见猎心喜,在基金经理抛售时以RM9购入2000股,准备来个价值投资。

买入后短短几天金鹏股价就回弹至RM10以上,我沾沾自喜,以为自己是大马巴菲特捞底得手,相信这次定会赚一大笔。

岂料到了2007年6月,独立審計師终于公布金鹏管理层做假账。金鹏在前两年的账面盈利高达2.5亿,但審計師却发现这两年其实它蒙受近5亿令吉的巨额亏损。换句话说,金鹏的账目竟然被灌水了整整7.5亿!如此巨额的假账是马股有史以来最大的丑闻,而公司根本没能力偿还早已欠下了巨额的债务。

假账曝光后,投资者惊慌抛售,金鹏股价一泻千里。那幾天我恰好和家人到泰国度假,等我回来时,股价已经惨遭一连两次的跌停板。我急忙以6令吉賣出手上的股票,大亏近40%,是我投资股市以来最惨痛的失败。

而后来的发展显示我在6块钱毅然止损的做法是絕對正确的。随着更多的负面新闻曝光,金鹏的股价继续暴跌到区区6.5仙,还不到当年的0.5%。它也因为无法偿还债务而被列入PN17公司,最终在2011年被除牌。

这宗惊天假账丑闻发生的十多年后,金鹏当时的一位高層在2020年被判处250万令吉罚款和监禁一天(!)。但據報導他却早已潜逃国外,所以至今仍没有任何人受到法律制裁。犯法者依然逍遥法外,小股东們的冤情依然无法获得伸张。

这次的亏损令我記憶深刻,但也让我从错误中学习。我综合自己當年失误的三个原因是:
1. 不懂得从财报中看出灌水的假账。
2. 心存侥幸,以为可以捞底投机。
3. 迷信名人效应,以为是首富的公司就一定没事。殊不知在首富庞大的商业帝国中,金鹏只是他微不足道的kacang putih生意,他根本无暇顾及,以致公司所托非人。

前事不忘,後事之師。从此我对账目存疑的公司避而远之,所以后来马股的几家爆发假账疑云的公司股票(媒岸、银鸟、伦敦、目前正被審計的世霸等等),我全不曾买过。

過去的例子告訴我們,假賬公司的股票交易常見“套路”是:
疑似假賬→股價暴跌→散戶撈底→證實假賬→股價又暴跌→散戶又撈底→PN17→股價繼續暴跌→散戶繼續撈底→股票停牌→除牌或清盤→股票成灰

然而看到許多股友在一些公司的账目被審計師质疑时反而奋勇抢进,我只能暗祝他们好运。连拥有“首富光环”加持的蓝筹股也能被除牌,您真的以为这几家公司的股票能扭转乾坤?

wongchin

1,006 posts

Posted by wongchin > 2021-11-06 15:43 | Report Abuse

Thank Jenny for sincere comment sharing. U should have paste it into SD forum also.

Layman2020

435 posts

Posted by Layman2020 > 2021-11-06 15:51 | Report Abuse

Thanks Jenny, now not yet reaching confirmation of fraud accounts, if confirmed no one going to buy in anymore.

Posted by CynicalCyan > 2021-11-06 15:51 | Report Abuse

PSAi3alert ,

I believe your comment is adapted from Jack Nicholson's <A Few Good Men>?

Layman2020

435 posts

Posted by Layman2020 > 2021-11-06 15:53 | Report Abuse

Now is at stage 3 if comparing the History of Transmile for what Jenny posted

Jenny

522 posts

Posted by Jenny > 2021-11-06 16:04 | Report Abuse

不是我写的,转载文。

i3lurker

13,685 posts

Posted by i3lurker > 2021-11-06 16:12 | Report Abuse

its a good summary

delisted,
suspended,

pn17,
gn3

solomolo

1,329 posts

Posted by solomolo > 2021-11-06 16:13 | Report Abuse

.........

relax Scib just delay their financial update only...nothing problem with audit loh...just delay..so audit also delay loh....hehe

BEKAS PENGARAH URUSAN LIQUA DIDAKWA MELAKUKAN PENIPUAN SEKURITI
8 Jun 2010 | Kuala Lumpur

Suruhanjaya Sekuriti Malaysia (SC) hari ini mendakwa Goh Bak Ming kerana bersubahat dengan Poh Gaik Lye untuk menipu Liqua Health Corporation Bhd sebanyak RM9.75 juta antara 23 Februari dan 31 Julai 2007.

Goh dituduh di bawah seksyen 87A(a) yang dibaca bersama dengan seksyen 122C(c) Akta Perindustrian Sekuriti 1983 (SIA), dan boleh dikenakan hukuman denda tidak melebihi RM1 juta dan penjara bagi tempoh tidak melebihi 10 tahun, jika sabit kesalahan.

Goh dibenarkan ikat jamin sebanyak RM500,000 dengan dua penjamin. Beliau dikehendaki menyerahkan semua dokumen perjalanannya termasuk pasport kepada Mahkamah. Kes tersebut akan disebut pada 9 Julai 2010
.
SURUHANJAYA SEKURITI MALAYSIA

https://www.sc.com.my/bm/sumber/siaran-akhbar-dan-pengumuman/bekas-pengarah-urusan-liqua-didakwa-melakukan-penipuan-sekuriti


...........

leno

6,123 posts

Posted by leno > 2021-11-06 16:18 | Report Abuse

We are just being a good samaritan.

U see someone car breakdown, we help push.
U see someone fall into drain, we go help out.

There are some go steal victim wallet.
There are some ask for money.

Here we trying to help OTHERS from making the mistake with their Hard Earn money.
Of course thieves will get angry.

It's okay, we don't mind.
The angrier, the merrier.

Cheers.

solomolo

1,329 posts

Posted by solomolo > 2021-11-06 16:26 | Report Abuse

as long just delaying the audit or SIR...so nothing is wrong loh..just bisnes as usual loh...hehe

PSAi3alert

982 posts

Posted by PSAi3alert > 2021-11-06 16:53 | Report Abuse

CynicalCyan,

Yes.


CynicalCyan PSAi3alert ,

I believe your comment is adapted from Jack Nicholson's <A Few Good Men>?
06/11/2021 3:51 PM



----- The truths about SCIB's clients in Oman & Qatar here -----

Pavilion Qatar Engineering Co. W. L.L.

The second contract, given by Pavilion Qatar Engineering Co. W. L.L., is for civil works - fire water project (47,000 metres) at Ras Laffan Industrial City - Power Station - in Qatar valued at US$62mil (equivalent to RM252.84mil) and is expected to be completed in November 2021.

--->>> Pavillion Qatar ( pavilionqatar.com/organisation-chart.html ) is a cleaning company run by Indian nationals and is not licensed for Oil n Gas acitivities

--->>> Only evidence of rotating equipment or fire water project is available here: http://www.pavilionqatar.com/images/gallery/4.jpg

--->>> SCIB will not be able to collect receivables for fictitious projects


Revenue International LLC

"PETALING JAYA: Sarawak Consolidated Industries Bhd’s wholly-owned subsidiary SCIB International (Labuan) Ltd has bagged three engineering, procurement, construction and commissioning (EPCC) contracts worth US$200.45 million (RM864.54 million).

The three contracts is for the 20 units of villa in Muscat, Oman awarded by Revenue International LLC for the period between April 5, 2020 to April 4, 2021..."


The client Revenue International LLC was registered in Oman in September 2018
CR Commercial Name: Revenue INTERNATIONAL
Commercial Registration No: 1326105
Registration Date: 10/09/2018

Domain: revenueinternationalllc.com
Created: 2018-09-15 15:35:35 UTC

Revenue International LLC's website at https://revenueinternationalllc.com provided the following service descriptions:
Manpower Supply
• General Helpers & Semi- Skilled Employees.
• Skilled Employees such as Carpenters, Painters, Electricians, Steel Fixers, Masons, etc.
• Skilled Employees such as Cleaning, Packing, Loading & Unloading, etc.
• Office Boys, Housekeepers, etc.
Carpentry, Electrical Services, Cleaning, Other Services - Painting, trained handymen, Tile Flooring, Waterproofing

--->>> Revenue International LLC is managed and staffed by Indian foreign workers
--->>> primary business is cleaning services
--->>> the only rotating equipment used are mops
--->>> it's Commercial Registration Certificate is licensed for cleaning services
--->>> Revenue International does not have licences for activites in repair and maintenance of mining, construction, and oil and gas field machinery; renting of mining and oilfield machinery and equipment; repair and maintenance of steam generators, turbines


Interceptor Trading & Contracting Co W.L.L

"Meanwhile, the group's wholly-owned subsidiary SCIB International (Labuan) Ltd has accepted the LOA for an EPCC contract in Qatar worth US$98 million (approximately RM399.35 million).

The client for the Qatar project is Interceptor Trading & Contracting Co W.L.L, according to SCIB."

Domain registrant was from Kerala, India.

Hosting and nameservers were all India based.

ns171.globehost.com
ns172.globehost.com
ns1.bh-in-32.webhostbox.net
ns2.bh-in-32.webhostbox.net
rns409.webhostbox.net
rns410.webhostbox.net

Domain: interceptorqatar.com
Registrar URL: www.publicdomainregistry.com
Creation Date: 2017-03-29T12:24:55Z
Registrant Name: bitz Infos
Registrant Organization: bitzInfos
Registrant Street: Calicut
Registrant City: CALICUT
Registrant State/Province: Kerala
Registrant Postal Code: 673001
Registrant Country: QA
Registrant Phone: +974.66016695

Layman2020

435 posts

Posted by Layman2020 > 2021-11-06 17:08 | Report Abuse

Good info, but can we wait for audited AR out to conclude this?

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