SARAWAK CONSOLIDATED IND BHD

KLSE (MYR): SCIB (9237)

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Last Price

0.25

Today's Change

0.00 (0.00%)

Day's Change

0.25 - 0.255

Trading Volume

713,900


8 people like this.

23,340 comment(s). Last comment by Income 1 day ago

Eagle77

6,978 posts

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

Nice closing ⬆️✅😎🤞

xiaoeh

2,759 posts

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

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

Felix888999

1,643 posts

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

Post removed.Why?

xiaoeh

2,759 posts

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

xiaoeh

2,759 posts

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

Felix888999

1,643 posts

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

Post removed.Why?

Felix888999

1,643 posts

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

Post removed.Why?

Felix888999

1,643 posts

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.

xiaoeh

2,759 posts

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

Felix888999

1,643 posts

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

Post removed.Why?

Felix888999

1,643 posts

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

Post removed.Why?

Felix888999

1,643 posts

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

Post removed.Why?

Felix888999

1,643 posts

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

Post removed.Why?

Felix888999

1,643 posts

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.

Felix888999

1,643 posts

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.

Felix888999

1,643 posts

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.

Bmw X5

7,570 posts

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 !!!

Bmw X5

7,570 posts

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 !

Bmw X5

7,570 posts

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

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

xiaoeh

2,759 posts

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.

Sslee

6,909 posts

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.

xiaoeh

2,759 posts

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

Sslee

6,909 posts

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.

joyvest

10,540 posts

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

Eagle77

6,978 posts

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

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

Felix888999

1,643 posts

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.

Felix888999

1,643 posts

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

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

joyvest

10,540 posts

Posted by joyvest > 2024-02-03 10:27 | Report Abuse

Why are the Heavy weight figures coming here ? It is because it is more " fun "over here as compared to elsewhere. No grudge , No gagging order, No allegation , No accusation , No animosity, No slanders , No defamation, No discrimination , No prejudice, No atrocity in terms of speech.

joyvest

10,540 posts

Posted by joyvest > 2024-02-03 10:29 | Report Abuse

Talking on paper gives you a gleam of hope.... A gleam of hope is thousand times better than no hope at all...

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 11:27 | Report Abuse

Talking on paper is equivalent to blowing water. Licker didn't check how many profitable companies in KLSE still on single digit PE.

joyvest

10,540 posts

Posted by joyvest > 2024-02-03 11:41 | Report Abuse

Licker got the point.Just look at Jaks where it has fantastic PE , PBT, NTA, EPS but share price has been stagnant at 18c for donkey year.....................Why ? You tell me why or you want me to tell you why ??

joyvest

10,540 posts

Posted by joyvest > 2024-02-03 11:42 | Report Abuse

Talking on paper is not baseless but it remains to be seen whether it will be materialised or not. The chances are there....

joyvest

10,540 posts

Posted by joyvest > 2024-02-03 11:48 | Report Abuse

Future prospects is the key to the appreciation of share price....but the past events and certainly not the current events which many forumists like to blow out of proportions......

joyvest

10,540 posts

Posted by joyvest > 2024-02-03 12:01 | Report Abuse

Amazing.... . It is where the big money is landed and spent eventually.. It is clear that their loyalty is fruitfully rewarded.....................

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 12:18 | Report Abuse

Every forum got 2 parties one is PH and the other one is PN 🤣🤣🤣

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 12:20 | Report Abuse

Monday LD or LU i am happy because when down I can buy in if up I enjoy the profits 🤣🤣🤣 strike both 😎🤞

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 12:25 | Report Abuse

4 Weeks Range
0.235 - 1.20

52 Weeks Range
0.115 - 1.20

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 12:28 |

Post removed.Why?

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 12:30 |

Post removed.Why?

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 12:34 |

Post removed.Why?

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 12:35 | Report Abuse

SCIB Price Record

Lowest: 0.115 ⬇️
Highest: 1.20⬆️
Present: 0.375 💥🔫

What’s next TP???

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 12:37 | Report Abuse

Reneuco breaks historical lowest price 0.15 to 0.08 recently 💥⬇️

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 12:41 |

Post removed.Why?

xiaoeh

2,759 posts

Posted by xiaoeh > 2024-02-03 12:49 | Report Abuse

interesting...
Where is your team mate i3Lurker?
You have attracted team mate from Jaks flying over here...

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 12:49 | Report Abuse

So many commentators with different views on SCIB here so what is the correct direction of the investor whether buy in or sell off???

CNY is coming so sell some for pocket money to celebrate guys 🤣🤣🤣😎🤞

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 12:54 |

Post removed.Why?

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 12:56 |

Post removed.Why?

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 13:17 | Report Abuse

Licker before you enjoy the super growth cycle could you tahan the share price drop below 52 weeks low first? 0.115 is the 52 weeks low. 🤣🤣🤣🤣

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 13:22 | Report Abuse

Speaking about Bumi Armada, she is my lucky star. One of my most successful investment so far. If you bought Armada during Covid crash at 0.125 now you already have 340% gain. (During the peak last year was 460% gain).

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