Posted by csin1414 > 2024-02-02 09:56 | Report Abuse

some people dont know, they want fast money within few days 😂

Posted by joyvest > 2024-02-02 09:57 | Report Abuse

Unlike Lynas where a state-of-the-art manufacturing facility is required to separate and process Rare Earth materials , involving disposal of wastes etc , SCIB need not to be located in a remote place as mentioned above. As long as it is operated inside the designated heavy Industrial zone", it is fine. It must be close to the port for ease of transportation of end products by Sea.

Posted by joyvest > 2024-02-02 10:00 | Report Abuse

Even Tan Sri says => put in money see money in 12 months time.

Even you put your money in FD , it is subject to " Term" where you still have to wait for the maturity of the term.

You-Hai-Tiu talks as if he expected instant reward/return in his fantasy.....

Posted by YuHainTeck > 2024-02-02 10:03 | Report Abuse

Only a fool wouldn't want to sell off at RM1.08 when the buying price was just at 18c.

Posted by joyvest > 2024-02-02 10:08 | Report Abuse

No need to teach your grandmother how to suxk eggs meaning no need to lecture and teach others what and or how to do , it is believed they ( others) are more than capable of strategizing themselves. One thing for certain, they are not as short sighted as you are and certainly not as blind as bats as you are.....

Posted by Flykite > 2024-02-02 10:17 | Report Abuse

You are right i3lurker about the size of land needed and about this industry. Those who are in this field will agree with you

Posted by YuHainTeck > 2024-02-02 10:18 | Report Abuse

Never mind. As they say.... a fool and his money are soon parted!

Posted by Hotstuff > 2024-02-02 10:34 | Report Abuse

No need to argue with the fools. When price move up to 80c they will tell you they have bought at this price later.

Posted by Hotstuff > 2024-02-02 10:41 | Report Abuse

If one have sold at 1.08 he would have bought at 0.235 with his free money but then he dint buy why? Based on his behaviour obviously he has lost money in this counter thats why he keep attacking to just release his anger.

Posted by Hotstuff > 2024-02-02 10:47 | Report Abuse

Arguing with a fool is much like throwing your precious pearls to pigs! They have absolutely no need or respect for your point of view, or knowledge.

Posted by alenac > 2024-02-02 11:23 | Report Abuse

Yeap, buy, buy and place your bets, spin, and wait for 1 year? Nusantara is the market?

Posted by blacksmith > 2024-02-02 11:47 | Report Abuse

Nobody dare to short sell today? What a loser..

Posted by joyvest > 2024-02-02 11:50 | Report Abuse

No point to argue with the fool,it makes you look like the fool.

Let the foolish continue to be foolish. Let the short sighted continue to be short sighted....

Posted by YuHainTeck > 2024-02-02 14:49 | Report Abuse

NOW on the way down below 30c. That is your 'future' @joyvest and @HotDick

Posted by joyvest > 2024-02-02 14:59 | Report Abuse

30c in your fantasy. All you know is to jump the gun without any foresight . This is typical of a short sighted nincompoop.

Posted by joyvest > 2024-02-02 15:00 | Report Abuse

30c in your fantasy. All you know is to jump the gun without any foresight . This is typical of a short sighted nincompoop. You-Hai-Tiu

Posted by YuHainTeck > 2024-02-02 15:02 | Report Abuse

I feel so sorry for you for not being able to accept the reality of the 'future'.... hahahaha

Posted by joyvest > 2024-02-02 15:39 | Report Abuse

How would you know about the reality of the future since you are only hooked on looking at " NOW"

We can not blame you as to why you cannot see the future. The only explanation is due to your limitations of perception where your perception is limited to your senses and current knowledge. Pathetically you can only rely on past experiences, patterns, and information to make sense of the world. However, the future may hold entirely new and unforeseen elements that are beyond your current understanding or perception capabilities. Put in another way , you are short sighted and can not see the future. - You Hai-Tiu

Posted by Zazzyy > 2024-02-02 15:45 | Report Abuse

go check top 30 scib shareholders and will understand the future

Posted by joyvest > 2024-02-02 16:02 | Report Abuse

Some guys tend to to be blinded to pretend not to see like the ostrich burying its head under the hole in the ground....

Posted by xiaoeh > 2024-02-02 16:30 | Report Abuse

Posted by Zazzyy > 41 minutes ago | Report Abuse
go check top 30 scib shareholders and will understand the future

Please share what u know leh bro
good or no good?

Posted by joyvest > 2024-02-02 16:46 | Report Abuse

Influential shareholders and proxies of Sarawak Government are believed to be in the list.

Posted by Eagle77 > 2024-02-02 19:47 | Report Abuse

Nice closing ⬆️✅😎🤞

Posted by xiaoeh > 2024-02-02 21:46 | Report Abuse

very resourceful leh bro
much appreciated 🙏🙏
like that must buy liao

Posted by Felix888999 > 2024-02-02 21:51 |

Post removed.Why?

Posted by xiaoeh > 2024-02-02 21:53 | Report Abuse

Felix don't be emotional
this is the time to make money together
let's work together

Posted by xiaoeh > 2024-02-02 21:57 | Report Abuse

in fact -ve comments also good leh ....
see what we can't see...
come more -ve comments
please

Posted by Felix888999 > 2024-02-02 22:02 |

Post removed.Why?

Posted by Felix888999 > 2024-02-02 22:05 |

Post removed.Why?

Posted by Felix888999 > 2024-02-02 22:10 | Report Abuse

PE negative 10.6
ROE negative 16.8%
DY ZERO
Cash flow from operating Negative!

Hahahaha better buy Sapura Energy if you want to play speculation. This counter downtrend just started. Don't go in now.

Posted by xiaoeh > 2024-02-02 22:12 | Report Abuse

no la Felix,
just want to know more about the development
won't buy la
Btw speaking of cement or construction materials, CMSB already a dominant play leh at East Malaysia

i'm a tin kosong
just wanted to learn more from u guys

Posted by Felix888999 > 2024-02-02 22:38 |

Post removed.Why?

Posted by Felix888999 > 2024-02-02 22:40 |

Post removed.Why?

Posted by Felix888999 > 2024-02-02 23:35 |

Post removed.Why?

Posted by Felix888999 > 2024-02-02 23:39 |

Post removed.Why?

Posted by Felix888999 > 2024-02-02 23:48 | Report Abuse

Go back to your bed and continue dreaming of SCIB concrete slab export to Indon.

Posted by Felix888999 > 2024-02-02 23:51 | Report Abuse

Indon average salary RM3K? You must be dreaming, why not you go to Indonesia forest licking your master there.

Posted by Felix888999 > 2024-02-02 23:56 | Report Abuse

Malaysia export to Indonesia:

Stone, plaster, cement, asbestos, mica or similar materials all added up only USD50 million. No concrete slaps yet.

Posted by Bmw X5 > 2024-02-03 06:44 | Report Abuse

https://www.tiktok.com/@prn13.com/video/7330574110063398162

Sarawak the next tiger of east Malaya in the making according to KJ !!!

Posted by Bmw X5 > 2024-02-03 06:48 | Report Abuse

https://www.tiktok.com/@bilikberitacats/video/7308411452640038145?q=abang%20jo%20&t=1706914009746

Abang Jo reveals Mega Projectss otw ....anybody guess !

Posted by Bmw X5 > 2024-02-03 06:55 | Report Abuse

One of Top 30 shareholders:
State of Sarawak
25,925,000 4.049 %

Posted by xiaoeh > 2024-02-03 07:56 | Report Abuse

Posted by i3lurker > 7 hours ago | Report Abuse
As usual, the discussion by HeLicksShit is always on the most irrelevant issue. 😁

interesting...

Posted by StartOfTheBull > 2024-02-03 08:25 | Report Abuse

Exactly.

Felix888999

319 posts

Posted by Felix888999 > 10 hours ago | Report Abuse

First buy call from I3licker. Since it is I3licker`s buy call, I`m here to post negative comments.

Posted by Sslee > 2024-02-03 08:48 | Report Abuse

KUCHING, 29 NOVEMBER 2023 – Industrialised building systems specialist, Sarawak Consolidated

Industries Berhad ("SCIB" or the "Company"), today celebrates significant milestone in its Q1FY2024 financial results. Demonstrating a remarkable turnaround, SCIB has not only boosted its revenue but also
transitioned into profitability, a testament to the strategic acumen and diligent efforts of its management team.

The Group announced a robust revenue of RM39.4 million for the quarter, a stellar 30% increase from the RM30.3 million recorded in the same period last year. This strong performance is further accentuated by a profit before tax (“PBT”) of RM2.1 million, a remarkable recovery from the loss of RM0.9 million in the corresponding quarter of the preceding fiscal year.

The Manufacturing division, the cornerstone of SCIB's success, reported a revenue of RM29.6 million and a PBT of RM4.2 million. This is a significant uplift from the RM24.2 million in revenue and RM1 million in PBT seen in the same quarter of the previous year, driven by increased sales volume of foundation piles and enhanced profit margins.

In the Construction/EPCC segment, the Company registered revenue of RM9.8 million, a positive development attributed to ongoing road maintenance and school projects, despite a marginal loss before tax (“LBT”) of RM0.3 million, primarily due to higher expenditures.

In the latest quarter, SCIB's financial performance significantly outstripped the previous period, with revenue soaring by 18.3% to RM39.4 million. This marked increase is a testament to the Company's robust sales and operational efficiencies. More impressively, PBT witnessed a remarkable leap, which is a clear indication of SCIB's successful strategic turnaround and management's effective decision-making in navigating the market and optimising operations. This outstanding growth in both top-line revenue and bottom-line profits underscores SCIB's strong market position and operational excellence.

Posted by xiaoeh > 2024-02-03 08:51 | Report Abuse

Posted by i3lurker > 17 minutes ago | Report Abuse
SELL SCIB or die !!!
SCIB just got raped by HeLicksShit.
Likely SCIB may drop down to 23 sen on Monday !!!

Wah....
he came u make U-turn bro
he carries weight on you leh bro

Posted by Sslee > 2024-02-03 08:57 | Report Abuse

There are still a lot of hard work, many court cases to settle and many legacy issues to clear out before SCIB can truly turnaround.

Know why Bplant Sarawak hardly make any money?
Indonesians are many time hard working than Sarawakians because if Indonesians do not work then no income whereas we have too many hand out or free lunch.

Posted by joyvest > 2024-02-03 09:50 | Report Abuse

No major or material litigations are recorded so no cause of concern. All the company need to do now is to increase capacity of production and to get more contracts from Sarawak Administration for the infrastructure within Sarawak out of the massive funds of 4.3 billions allocated from the recent budget 2024

Posted by Eagle77 > 2024-02-03 10:13 | Report Abuse

Wow…suddenly so many people commenting here..what’s up guys? CNY is coming 😎

Posted by Felix888999 > 2024-02-03 10:21 | Report Abuse

纸上谈兵 🤣🤣🤣

Posted by i3lurker > 3 seconds ago | Report Abuse

Calculations are simple

Take 80 sen TP for example

at PE20 what you need = EPS 4 sen

at EPS 4 sen
PBT => EPS 0.04 X 640,000,000 shares => PBT RM25.6 million per year

to achieve RM25.6 million PBT will require a revenue of circa RM200 million

Inverse Probability is 1 - 200/4,300 ~ 1 - 0.05 ~ 95% chance of achieving Revenue

Interpretation => 95% chance of getting above RM200 million turnover

compare also current revenue around RM130 million.
With fixed costs already covered by current revenue, increase in revenue contributes greatly to PBT.

Posted by Felix888999 > 2024-02-03 10:22 | Report Abuse

Next quarter if red again, habis loh see you guys at 0.2x.