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 > 2024-02-03 13:23 | Report Abuse

Next banyak orang jual sudah mahu CNY maaa….banyak mahu pakai duit looo..🤣🤣🤣

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 13:28 | Report Abuse

If up to 1.20 ⬆️ I’m happy and if down ⬇️ to 0.115 I’m happy also to buy in…so up or down means nothing to me too 😎🤞

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 13:29 | Report Abuse

Yalah sudah mati pucuk, money for you is no meaning already. You just have to keep some for your doctors and your final days.

Posted by i3lurker > 4 minutes ago | Report Abuse

money means nothing to me.

up or down no meaning

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 13:30 | Report Abuse

So in Malay they say, “naik turun lu punya pasal bukan saya punya” 🤣🤣🤣

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 13:33 | Report Abuse

SCIB first round goreng during 2021 bonus split period, crashed after Serbak dynamic scandal. 2nd round goreng after new management on boarded. Now big crash after recent limit down.

This counter going to continue going down before the 3rd round goreng. You keep average down just like thus people average down glove counters in 2021 and 2022. 🤣🤣🤣🤣🤣

Posted by StartOfTheBull > 2024-02-03 13:44 | Report Abuse

Straight away down 3c upon land acquisition announcement, this was a very first negative reaction. Bank loan drawdown starting before 30 June this year while new factory only expected to be completed first quarter of next year, therefore more finance costs incurred and that may turn company from profit to loss.
TP below 20c at end of 2024.

Eagle77

1,989 posts

Posted by Eagle77 > 53 minutes ago | Report Abuse

SCIB Price Record

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

What’s next TP???

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 13:47 | Report Abuse

Bank loan drawndown so early to solve current cash flow problem?

The price going to fall to the point where you lose all your confidence, fall to the point where you can't believe. Good luck!

Sslee

6,909 posts

Posted by Sslee > 2024-02-03 13:50 | Report Abuse

Finally our i3 Simon Cowell:
The one and only one i3lurker blunt, controversial, bitingly critical, sarcastic, sharp-tongued, wisecracks and likes to trash talking every stock in i3 has tables turned on him.

Anyway I think i3lurker handle the situation very well.😁🤣👍👌

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 14:31 |

Post removed.Why?

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 14:33 |

Post removed.Why?

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 14:35 |

Post removed.Why?

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 15:17 |

Post removed.Why?

Posted by StartOfTheBull > 2024-02-03 15:38 | Report Abuse

Accepted an offer to purchase land without reference to a valuation report. Thereafter replied to Bursa that the purchase is “fair and reasonable”, after taking into account the prices of comparable properties in the same location. 😂

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 16:18 | Report Abuse

I don't understand purchase the land, build the new factory and relocate existing factory just to increase 30% capacity. If increase capacity by 100% can justify lah. Spent so much money just for 30% capacity increase. Management brain masuk water? Future profit margin going to drop because of additional depreciation cost and financial cost. 😐😐 Not good not good!

xiaoeh

2,759 posts

Posted by xiaoeh > 2024-02-03 16:53 | Report Abuse

it's weekend
to all the fighters

https://www.youtube.com/watch?v=BMOcXu-JheA

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 16:57 | Report Abuse

Wow 😯 today only Saturday so busy this forum…I can’t imagine what going to happen on Monday 🤣🤣 LU or LD💥🔫

xiaoeh

2,759 posts

Posted by xiaoeh > 2024-02-03 17:27 | Report Abuse

i3Lurker
i don't know what it means
but
Yes Sir!

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 17:33 | Report Abuse

Lastly, operators is cruel no mercy to shareholders that the conclusion when SCIB plunged from 1.20 to 0.235 within 3 consecutive days LD 😠😡🥵

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 17:41 |

Post removed.Why?

joyvest

10,540 posts

Posted by joyvest > 2024-02-03 17:56 | Report Abuse

As a matter of fact,the sarawak land survey depth has their own valuers to value the land objectively. If you don't agree to their valuation, you arenar liberty to engage your own valuers to challenge theirs. So no big deal

joyvest

10,540 posts

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2024-02-03 18:35 | Report Abuse

Price 37.5 cents
Though lge say this counter got ong.huat ah.when i put tht high majority this counter will up.
3/2/24 6.34pm

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 19:31 | Report Abuse

Relocate to new factory for just 30% capacity increase for someone`s oil and water ??

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 19:32 | Report Abuse

What monopoly product? from Middle East again🤣🤣🤣🤣

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 19:33 |

Post removed.Why?

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 19:37 | Report Abuse

Probably management bought that piece of land to keep non movement concrete slabs. You are right this storage needs huge land space bulky products ma. 🤣🤣🤣🤣

Posted by StartOfTheBull > 2024-02-03 19:37 | Report Abuse

Licker, the big blower king.


i3lurker

13,155 posts

Posted by i3lurker > 2 hours ago | Report Abuse

xiaoeh
You keep quiet
dun tell your BFF what is the mystery product
or else I pee & poo on your river 😣

joyvest

10,540 posts

Posted by joyvest > 2024-02-03 19:56 | Report Abuse

Since SCIB can get the land below market value,there is no need for them to seek independent valuation...

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 20:09 |

Post removed.Why?

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 20:12 |

Post removed.Why?

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 20:14 | Report Abuse

The reality now is the share surging from 0.115 to 1.20 and plunged to 0.235 within 3 consecutive days so what say u???

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 20:15 |

Post removed.Why?

joyvest

10,540 posts

Posted by joyvest > 2024-02-03 20:17 | Report Abuse

With new factory into operation,the capacity of production is said to be multiplying and so is the share price. As such,the only momentum is uptrend...

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 20:29 |

Post removed.Why?

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 20:29 | Report Abuse

The most active forum today is SCIB 🤣🤣🤣 Topglove/YTL all kalah behind 😂

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 20:31 | Report Abuse

So active unbelievable so what will happen on next Monday??? ⬆️⬇️‼️

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 20:36 |

Post removed.Why?

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 20:39 | Report Abuse

80 cents then LD 3 days becomes 0.10 cents 🤣

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 20:40 |

Post removed.Why?

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 20:41 |

Post removed.Why?

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 20:43 | Report Abuse

Yalah 21.8 acres land actually not enough to keep their non-movement concrete pipes. They need a least 100 acres to keep thus unsold products.

Inventory days = (Average inventory / COGS ) * 365 days.
= (20 million / 110 million) * 365 days
= 66 days of inventory. [2023 annual report data].

Wow that's why need a huge land lah!

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 20:46 |

Post removed.Why?

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 20:50 |

Post removed.Why?

Eagle77

6,978 posts

Posted by Eagle77 > 2024-02-03 20:52 | Report Abuse

MD SCIB told that he not aware of share plunges LD and the management cannot control the market manipulation..??? So in future how? Anytime plunge?? What say u???

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 21:11 |

Post removed.Why?

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 21:12 |

Post removed.Why?

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 21:14 |

Post removed.Why?

Mikecyc

47,011 posts

Posted by Mikecyc > 2024-02-03 21:15 |

Post removed.Why?

Felix888999

1,643 posts

Posted by Felix888999 > 2024-02-03 21:18 |

Post removed.Why?

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