SARAWAK CONSOLIDATED IND BHD

KLSE (MYR): SCIB (9237)

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Last Price

0.285

Today's Change

0.00 (0.00%)

Day's Change

0.28 - 0.29

Trading Volume

6,337,500


8 people like this.

23,163 comment(s). Last comment by fl1zz0 2 days ago

Artakus

75 posts

Posted by Artakus > 2021-01-19 09:03 | Report Abuse

gogogo

Posted by Ally Yee Min Ong > 2021-01-19 09:25 | Report Abuse

No price adjustment. It's free! Pls don't misleading.

Thank you.

Posted by happyhigher > 2021-01-19 09:27 | Report Abuse

Nice scib... Steady. Take deep breath

Sailangking

1,912 posts

Posted by Sailangking > 2021-01-19 09:33 | Report Abuse

drop few second and rebound back.. cool!!!

kfliau

1,977 posts

Posted by kfliau > 2021-01-19 09:34 | Report Abuse

Hope No one got shaken out just now

Posted by Elenor Yang > 2021-01-19 09:37 | Report Abuse

@Ally, I just sent u a msg...

Posted by happyhigher > 2021-01-19 09:45 | Report Abuse

Its ok to rest scib, still got time to shoot up
Lets be a healthy counter. Not goreng kaunter.

Posted by Ally Yee Min Ong > 2021-01-19 09:46 | Report Abuse

Everyone rushing to board. Don't let go your ticket.

Posted by Elenor Yang > 2021-01-19 09:47 | Report Abuse

still can buy now?

trade101

334 posts

Posted by trade101 > 2021-01-19 09:49 | Report Abuse

fuhh...what a ride

Artakus

75 posts

Posted by Artakus > 2021-01-19 09:50 | Report Abuse

Enjoy the Joyride

kfliau

1,977 posts

Posted by kfliau > 2021-01-19 09:57 | Report Abuse

Ally, I am still very keen to know your secret gem. Can you pm me? Pleasessss?

kfliau

1,977 posts

Posted by kfliau > 2021-01-19 09:59 | Report Abuse

Inexperienced weak holders and contra kakis would have been shaken out by the dips just now

Posted by happyhigher > 2021-01-19 10:02 | Report Abuse

2nd feb warrant exdate. Got more chances to enter the boat

Amao Mao

205 posts

Posted by Amao Mao > 2021-01-19 10:03 | Report Abuse

Just now 8am saw 2 buy/sell quotes very interesting, 1 buy @2.11 and 1 sell @1.83
so I placed sell @2.11 and buy@1.83

who knows sell one matched buy one not...
now sad, lost some shares before ex date... (but got some realized profit as comfort)

cytew

1,600 posts

Posted by cytew > 2021-01-19 10:04 | Report Abuse

When the mother is closing above warrant exercise price before the ex entitlement date , there will be a price adjustment on mother share price on the following trading day.....This is one of the rules prescribed by Bursa.
.

kfliau

1,977 posts

Posted by kfliau > 2021-01-19 10:10 | Report Abuse

Yes. Theoretically the reference price of free warrent upon listing is 0.005

kfliau

1,977 posts

Posted by kfliau > 2021-01-19 10:11 | Report Abuse

But upon listing, the price of warrent will jump a few hundred or even few thousand %

kfliau

1,977 posts

Posted by kfliau > 2021-01-19 10:19 | Report Abuse

I agree with Ally to hold tight tight your tickets. In order to run out the free warrents, the Operator will have to push the price of mother up so that it's enticing for people to buy warrents at the same time the operator Can unload

kfliau

1,977 posts

Posted by kfliau > 2021-01-19 10:23 | Report Abuse

@Amao Mao you had plenty of chance to buy back your lost tickets just now. Hope you did

Posted by happyhigher > 2021-01-19 10:26 | Report Abuse

Kfliau yes i agreed

Posted by happyhigher > 2021-01-19 10:28 | Report Abuse

Scib good counter with so many projects yet to be announce. Imagine after exdate the project annouce one by one... Will be back to rm7 again? Only god knows. We just plan based on Ta and fa.

The projects can refer @weloveserawak posting

kfliau

1,977 posts

Posted by kfliau > 2021-01-19 10:37 | Report Abuse

The good thing I like about this scib is the exercise price of warrent is fixed at 1.77 giving plenty if upside for the mother. With 3 years to expiry, the time value is about 30 cts. This is the base for warrent if the mother is at 1.77. Any price difference of mother upon ex date will be added to the price of warrent. For example if upon ex date the price of mother is 2.07, then the price of warrent is likely to be 0.60

Amao Mao

205 posts

Posted by Amao Mao > 2021-01-19 10:39 | Report Abuse

@kfliau not at 1.83, still listing there sees no hope, hahahaha
my average was only 1.1+

kfliau

1,977 posts

Posted by kfliau > 2021-01-19 10:48 | Report Abuse

@Amao Mao. Aiyo...you should change your order the moment it starts to reverse

GGWIN99

41 posts

Posted by GGWIN99 > 2021-01-19 10:57 | Report Abuse

rest after lunch up again

Amao Mao

205 posts

Posted by Amao Mao > 2021-01-19 10:57 | Report Abuse

@kfliau one sarapan then all done selling. really sekelip mata

Posted by happyhigher > 2021-01-19 11:03 | Report Abuse

Yess kfliau gogo scib

Posted by happyhigher > 2021-01-19 11:24 | Report Abuse

Still ding dong. Collecting passenger. Gain your energy. Wear your seatbelt. Lets shooting up

Posted by aiekakashi > 2021-01-19 12:01 | Report Abuse

@happy salute ur positivity. follow u brada...

satztg

14 posts

Posted by satztg > 2021-01-19 12:02 | Report Abuse

i shouldve waited abit. bought some at 2.11, now avg about 2.08, hopefully will increase more..

Posted by happyhigher > 2021-01-19 12:18 | Report Abuse

Satztg its ok. Who would know the perfect entry. As long as this is good company, just hold until you got warrant then you will smile

Scib still collecting our friends to join the benefit.

Im positive atleast this week 220 first hit.

Exdate 2nd feb.. Still have time

Posted by happyhigher > 2021-01-19 12:20 | Report Abuse

1 unit warrant free for 2 unit mother
Who gonna give us free money...

satztg

14 posts

Posted by satztg > 2021-01-19 12:29 | Report Abuse

Very positive! let's wait for it :)

Posted by happyhigher > 2021-01-19 12:34 | Report Abuse

Yeahh gogo

anthonytkh

1,802 posts

Posted by anthonytkh > 2021-01-19 12:50 | Report Abuse

I’ve read some comments here about price adjustment re the warrant. Note that, yes, there actually will be an adjustment BUT only if the warrants are exercised AND if there’s a big number of folks exercising their warrants

anthonytkh

1,802 posts

Posted by anthonytkh > 2021-01-19 12:53 | Report Abuse

However, I would suggest to NOT exercise your warrants if :

1) Mother share price is considerably above 1.77; and
2) You believe in SCIB and that you believe the mother share price could be way higher in 3 years’ time (you’ll make much more with the warrants)

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2021-01-19 13:28 | Report Abuse

Thanks @anthonytkh for your indepth insight.

Will be adding more Share before end of Warrant entitlement date.

Posted by ArcticSnow > 2021-01-19 13:56 | Report Abuse

Jus curious, what happens to the warrants and the warrant-holder when it expires at the end of the duration?

kfliau

1,977 posts

Posted by kfliau > 2021-01-19 13:59 | Report Abuse

The exercising of warrent Has nothing to do with price adjustment. As I said earlier, the theoretical reference price of free warrent is 0.005 so on ex date, the reference price of mother is 1.80 but on opening, it depends on demand and supply. The mother price May not be adjusted so much as to be 1.80

Posted by Ally Yee Min Ong > 2021-01-19 14:21 | Report Abuse

No price adjustment.

anthonytkh

1,802 posts

Posted by anthonytkh > 2021-01-19 14:27 | Report Abuse

kfliau, when a warrant is exercised, new shares have to be issued resulting in dilution

Posted by Ally Yee Min Ong > 2021-01-19 14:27 | Report Abuse

1st day of warrant trading price much depend of demands and sentiments. It could trade at lowest 0.005 or higher.

If mother share price close above RM2 the day before warrant listing day. Then, warrant could possible trade at 0.83 or even higher giving 30% premium on 1st trading day.

Thank you.

Posted by happyhigher > 2021-01-19 14:28 | Report Abuse

Tq anthony, Ally

Posted by Ally Yee Min Ong > 2021-01-19 14:31 | Report Abuse

No one willing to exercise warrant unless the warrant trade at "in-the-money condition". But, unlikely to happen.

anthonytkh

1,802 posts

Posted by anthonytkh > 2021-01-19 14:32 | Report Abuse

Much will depend on mother share price and individual risk/reward

Posted by Ally Yee Min Ong > 2021-01-19 14:32 | Report Abuse

The warrant is giving at no cost condition. Hence, no price adjustment.

Posted by Ally Yee Min Ong > 2021-01-19 14:42 | Report Abuse

Looking at the trend, everyone rushing to board to enjoy free warrant. I believe those Kpower big fan will divert some of his/her fund to buy SCIB to enjoy free warrant too.
There's still a big gap between them. I believe SCIB soon will narrow down the gap.

Artakus

75 posts

Posted by Artakus > 2021-01-19 14:46 | Report Abuse

Gogogo

GGWIN99

41 posts

Posted by GGWIN99 > 2021-01-19 15:05 | Report Abuse

ally this morning sold kpower switch here
hope good returns

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