Personally I feel like SCIB stock price not only correlated to Kpower, but a lot has to do with Serbadk as all the receivables are from Serba. If Serba cash flow is tight means SCIB won't be able to get their receivables as well.
@gchenh93 I have to disagree with you. Serbadk's earning growth is strong mainly due to the fact a great deals of contracts secured, which all these contracts need injection of funds to execute. To be frank if the company has no prospect, impossible for Karim to get major shareholder who willing to inject substantial funds to the company via private placement, without hurting existing shareholders (if he go through right issue, that will be completely diff case) . For SCIB, Karim aimbition is to make it become a more than billion market cap company by next year, the fastest way is to secure more and more contracts. So why worry? Be confident on the company you invested.
Personally I feel like SCIB stock price not only correlated to Kpower, but a lot has to do with Serbadk as all the receivables are from Serba. If Serba cash flow is tight means SCIB won't be able to get their receivables as well.
---------------------------- gchen93 , the latest QR , is Jul - Sep 2020 's result.
SERBAK CONTRACT ONLY COMMENCED ON OCTOBER (You may check the announcement of contract).
I dun understand what u mean SCIB has RECEIVABLE from SERBAK.
Anybody attended their recent EGM on 17 November vide webinar They rewarded with Touch n Go Ewallet of RM50 I got it yesterday like extra dividend Those attended, pls check your email
I sold at RM5.07 the day it hit RM5.09. A bird in hand is worth 2 in the bush. It might rise higher but I won't wait for that. Took my gains and perhaps re-enter after bonus and warrant. Next day return to SCIB before next quarter results
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
warrantKing
387 posts
Posted by warrantKing > 2020-12-11 18:31 | Report Abuse
Stock: [SCIB]: SARAWAK CONSOLIDATED INDUSTRIES BHD
Nov 27, 2020 3:28 PM | Report Abuse
rm2 on the way
______________________________
On 27 Nov , ANSON said RM2 On the way
On 11 Dec , ANSON said RM4 coming
On 27 Dec , ANSON will say RM5 coming
On 20 Jan 2021 , ANSON will say RM6 coming .
KAMBATEH SCIB, ANSON TARGET RM2 AFTER SPLIT is ON THE WAY !!!!