SARAWAK CONSOLIDATED IND BHD

KLSE (MYR): SCIB (9237)

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Last Price

0.27

Today's Change

+0.01 (3.85%)

Day's Change

0.26 - 0.28

Trading Volume

28,237,600


8 people like this.

23,054 comment(s). Last comment by AmberAsset 1 day ago

Posted by hijau belalang > 2021-12-03 13:18 | Report Abuse

some part may agree
some may not
that is the angle should be looked into

amirf1221

768 posts

Posted by amirf1221 > 2021-12-03 14:27 | Report Abuse

Huge day
Or maybe rest day
Let see how

amirf1221

768 posts

Posted by amirf1221 > 2021-12-03 14:27 | Report Abuse

Prediction for next week?
Sudden hike?
Or like usual?

muhfiq

759 posts

Posted by muhfiq > 2021-12-03 15:10 | Report Abuse

Wonder what happen

Do they go for different approach

Or other route

muhfiq

759 posts

Posted by muhfiq > 2021-12-03 15:10 | Report Abuse

Would they been backed up?

Or preventive measures?

Posted by treatshijau > 2021-12-03 16:16 | Report Abuse

anyone have info on the next announcement?
look will have huge effect
good to know earlier

Posted by treatshijau > 2021-12-03 16:16 | Report Abuse

looking at the current trend is not viable
maybe need other factor too
will see how

shybutter

624 posts

Posted by shybutter > 2021-12-03 18:19 | Report Abuse

Today no holiday.

But still nothing can be done here

Posted by alieyasmart > 2021-12-03 18:56 | Report Abuse

Just wait for Sarawak PRN later

Posted by treatshijau > Dec 3, 2021 4:16 PM | Report Abuse

anyone have info on the next announcement?
look will have huge effect
good to know earlier

Posted by kamirise360 > 2021-12-03 20:18 | Report Abuse

Get ready for PRN now.

GPS surely will win

Posted by NatsukoMishima > 2021-12-04 09:20 | Report Abuse

TH Heavy delisting

THE journey of TH Heavy Engineering Bhd (THHE), a company beset with a myriad of problems for many years, seems to be coming to a painful end. Its shares are set to be delisted from the stock exchange on Dec 9, as its latest appeal for more time to submit its regularisation plan was rejected by Bursa Malaysia.

That is, unless THHE is able to submit an appeal by Dec 8. Even if it does, THHE shares will be suspended from trading as long as the appeal is pending.

A delisting would be a painful experience for THHE shareholders, its biggest one being Urusharta Jamaah Sdn Bhd, holding 65% of the former’s shares.

Recall that Urusharta Jamaah got its shareholding in THHE after it took over the distressed assets of pilgrim fund Lembaga Tabung Haji (TH) at end-2018. The issue though is how come THHE has sunk to these depths, destroying so much value in the process.

TH Heavy EngineeringTH Heavy Engineering

One can say although that the signs were there.

For example, as far back as 2017, the company’s auditors, Deloitte, had expressed a ‘disclaimer opinion” on THHE’s financial statements.

Deloitte had also subsequently pointed out multiple uncertainties that cast doubt on the company’s sustainability and it also listed an inability to determine the recoverability of vast sums of money.

The company had been blacklisted by Petroliam Nasional Bhd (Petronas) for four years, although that had been subsequently lifted.

It had been under the Practice Note 17 status over the last few years and had been granted multiple extensions to its deadline to submit a regularisation plan to revive its financials, but all of that has come to naught.

stockraider

31,556 posts

Posted by stockraider > 2021-12-04 11:15 | Report Abuse

It is abit too late now loh...to realized it is a lie loh!

Posted by hijau belalang > 2021-12-06 10:24 | Report Abuse

start of the new week
got changes?
waiting to see it

Posted by hijau belalang > 2021-12-06 10:25 | Report Abuse

will we see jumpstart to a new one?
a better rate?
or other direction?

amirf1221

768 posts

Posted by amirf1221 > 2021-12-06 10:57 | Report Abuse

Not much can be said
But the time is near already

amirf1221

768 posts

Posted by amirf1221 > 2021-12-06 12:09 | Report Abuse

Seems that more action is coming
Huge development ahead
Just watch

muhfiq

759 posts

Posted by muhfiq > 2021-12-06 12:33 | Report Abuse

Almost break

But still uncertain

Maybe will come after lunch

Posted by winsenlim68 > 2021-12-06 14:12 | Report Abuse

https://www.nst.com.my/business/2021/12/751672/scib-eyes-affordable-housing-jobs

With a current order book value at RM1.3 billion, translating into healthy earnings visibility up to 2026, the company is also tendering construction contracts for roadworks and highways in Sabah, Sarawak, Perlis, and Johor.

Posted by winsenlim68 > 2021-12-06 14:12 | Report Abuse

"Our focus now would be to find the opportunity to collaborate with potential joint venture partners to develop projects and share resources and expertise," he said.

Posted by winsenlim68 > 2021-12-06 14:13 | Report Abuse

"We have re-strategised our geographical positioning by taking a closer look at potential emerging markets especially in the home and neighbouring countries covering East and West Malaysia, Brunei, Indonesia, and India.

"We will continue our participation in the development of affordable housing schemes like PR1MA and PPAM projects, securing roadwork construction and maintenance projects as well as EPCC and construction of hospitals and schools both in Peninsular Malaysia and East Malaysia," Rosland said.

Depeche

4,451 posts

Posted by Depeche > 2021-12-06 14:35 | Report Abuse

Scib will do ok

muhfiq

759 posts

Posted by muhfiq > 2021-12-06 15:19 | Report Abuse

Time for the vital one

Decision wise

Will see more of this

Posted by treatshijau > 2021-12-06 15:59 | Report Abuse

sometimes need to be assured
certainty is good
vulnerabilities is not good

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

approaching ending
need to see the development
good to see if it happen

Posted by alieyasmart > 2021-12-06 19:31 | Report Abuse

Just monitor the PRN first

Posted by treatshijau > Dec 6, 2021 4:06 PM | Report Abuse

approaching ending
need to see the development
good to see if it happen

shybutter

624 posts

Posted by shybutter > 2021-12-06 22:36 | Report Abuse

We all know that GPS will conquer

Posted by alieyasmart > Dec 6, 2021 7:31 PM | Report Abuse

Just monitor the PRN first

Posted by treatshijau > Dec 6, 2021 4:06 PM | Report Abuse

approaching ending
need to see the development
good to see if it happen

Posted by FullTimeTroll > 2021-12-06 23:22 | Report Abuse

hahaha all these robots berpantun in English.

Posted by hijau belalang > 2021-12-07 08:56 | Report Abuse

hello
got any development?

Posted by hijau belalang > 2021-12-07 09:13 | Report Abuse

cost of risk
let see how
many possibilities at air

amirf1221

768 posts

Posted by amirf1221 > 2021-12-07 11:08 | Report Abuse

Vulnerable
Most probably will favour one side
The biggest gain?

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-12-07 11:26 | Report Abuse

Nov 9 Bursa Announced SCIB failed to submit financial statements within the time frame given. What as shamed!
Until now still no news!!!! Something bad would happen this share...... Share price could drop further!

amirf1221

768 posts

Posted by amirf1221 > 2021-12-07 11:35 | Report Abuse

When the exact time?
That would be the centre of it
Happy watching

Posted by Cyber_moneyman > 2021-12-07 11:59 | Report Abuse

Resume trading and immediately deep stir fry pls.

amirf1221

768 posts

Posted by amirf1221 > 2021-12-07 12:00 | Report Abuse

How will they react
That also can play huge role
Much attention on that too

muhfiq

759 posts

Posted by muhfiq > 2021-12-07 12:51 | Report Abuse

Enter into midday

Still no any announcement

Maybe after this break

muhfiq

759 posts

Posted by muhfiq > 2021-12-07 13:22 | Report Abuse

Continue later

Watch what happen

Can see the direction for sure

Posted by treatshijau > 2021-12-07 14:27 | Report Abuse

better have progress
been waiting for it

Posted by treatshijau > 2021-12-07 14:44 | Report Abuse

hoping to hear something before the end of this day
shifting to the other trend?
let see

Posted by kamirise360 > 2021-12-07 21:28 | Report Abuse

We are all waiting

Posted by treatshijau > Dec 7, 2021 2:27 PM | Report Abuse

better have progress
been waiting for it

Posted by alieyasmart > 2021-12-07 21:48 | Report Abuse

What trend are you talking?

Posted by treatshijau > Dec 7, 2021 2:44 PM | Report Abuse

hoping to hear something before the end of this day
shifting to the other trend?
let see

shybutter

624 posts

Posted by shybutter > 2021-12-07 22:00 | Report Abuse

Just wait for the election to settle.

And for Serba also

Posted by Beautyseeker > 2021-12-07 23:56 | Report Abuse

They should plan for it later

Posted by muhfiq > Dec 3, 2021 3:10 PM | Report Abuse

Would they been backed up?

Or preventive measures?

IdleMoney66

1,190 posts

Posted by IdleMoney66 > 2021-12-08 09:39 | Report Abuse

Here not active like serbadk

Posted by hijau belalang > 2021-12-08 12:34 | Report Abuse

make it active
maybe wait for sonething to happen first

Posted by hijau belalang > 2021-12-08 12:35 | Report Abuse

sure got lot of movement
but not openly
wait first

amirf1221

768 posts

Posted by amirf1221 > 2021-12-08 14:11 | Report Abuse

Interesting buildup in the market
Can affect most of it
Will it materialize?

amirf1221

768 posts

Posted by amirf1221 > 2021-12-08 14:27 | Report Abuse

Should prioritize with the recovery plan
The main part here
No more drama

muhfiq

759 posts

Posted by muhfiq > 2021-12-08 15:29 | Report Abuse

Wonder what else been fighting for

Have other hidden agenda?

muhfiq

759 posts

Posted by muhfiq > 2021-12-08 15:31 | Report Abuse

Should release earlier?

Or hold a bit longer?

Your pick

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