SIK CHEONG BERHAD

KLSE (MYR): SCB (0316)

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Last Price

0.22

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

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162 comment(s). Last comment by cicakman 1 month ago

Posted by Ahmad Shauqi > 2 months ago | Report Abuse

Cicakman you seems pretty accurate, what do you think the price will go? Back to IPO 1st day price again, or just play pump and dump?

Michael Kwok

6,442 posts

Posted by Michael Kwok > 2 months ago | Report Abuse


On tht day,i say it will drop to tht range.please read.even early in the morning write to warn.even someone also tag me will be wrong.
26/8/24 5.52pm

Scb 34.5
Look like will be in 24-28 cents
15/8/24 12.15am
Posted by BE_GREEEEEDY > 1 week ago | Report Abuse

Michael Kwok@
Scb 34.5
Look like will be in 24-28 cents
----------------------
NO WAY....!!
Warren Buffett >>..?
BE GREEEEEEEDY💪 when others are SHIVERINGG 👹 >> $$$$$...👌

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

@ Ahmad current px is fair play wth low risk but those crooks have escape plans n they have funds.

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

@Ahmad for Ur info those jokers kucingko n SCB same kliks.🤣

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

If touch one more times 0.25 cts,masak ko orang can go 23.5- 24.5 cts.Tak dpt duit pun tak pe lah.🤣

Posted by Ahmad Shauqi > 2 months ago | Report Abuse

@Cicakman Thanks for your input. Appreciate bro

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

I m not interested this counter ,just case study to add knowledge.
If ppl can make money then congratulations.

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

# Ahmad no pblm.They have funds n escape n contingency play,it is not their intention to invest.

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

@ Ahmad ,just a guide only,U go n verified on the 1st day - 8th day charts for Kucingko to understand cz these joker one geng crook n u will understand better.

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

@Ahmad,lupa answer to your question..Pump n Dump counter not to new listed IPO.it must be mcm 5- 15 cts counters laggard n collected for few months then they operate it
Agree that this is a DUMB counter.🤣

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

I see they r buying their own share n buying times to average lower so to minimise losses.
Don't think of touching cz it's like going to die slowly.

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

Touch 0.25 cts, how bottom not really know .

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

If hit 0.24 cts today ,it will be a very very long wait n dead end.

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

.
Soft Reminder.
it has touched 0.24 cts, probably troubles ahead

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

If closed 0.23-,Checkmate.
Possible is 0.235 cts

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

Just a case study on how it's being operated right before listing until pre opening px,how it's being distributed n those get hammered or cheated will not participate anymore.


cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

After considering all px factors,just incase u want to try curi2 when dust settle roughly will be 20 - 21 cts . TAYOR.

Singh28

1 posts

Posted by Singh28 > 2 months ago | Report Abuse

Baru buat aduan kepada Bursa dan juga company. Kenapa harga boleh jatuh teruk. Selepas ni akan bagi viral juga. Patut ada tindakan ke atas Director kerana jual pada hari pertama listing. Masih dalam proses minta dokumen daripada SSM, untuk expose syarikat. Something wrong

Posted by investor2021trading > 2 months ago | Report Abuse

IPO Price: RM0.27 Fair Value: RM0.33

Posted by He En Ava Tan > 2 months ago | Report Abuse

Really cheating money

Posted by He En Ava Tan > 2 months ago | Report Abuse

How to buat aduan.

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

Do you have any proof?
They do it everything right n not against any law.
They have Funds, Plan, Organise,Directing n Control.
The only mistake mostly ppl makes r you read but I don't understand n not focus to details.

analyise,

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

Law of Physical, Water Find It Own Level.They have to support at around 0.22 cts at which if pass the support level, next is critical 20.5 - 21 cts.
Unless u intend or can hold,better stay side line.

Posted by He En Ava Tan > 2 months ago | Report Abuse

Bro, you are right, Investing always carries risks, but using such tactics to deceive people and take their money—is that something you'd be okay with?i worry that will this company also using Low material to produce thier product for max thier profit.

Posted by investor2021trading > 2 months ago | Report Abuse

Sik Cheong Berhad (SCB, 0316) is strategically positioned within the downstream palm oil industry to capitalize on the growing demand for vegetable oils, particularly in Malaysia. The company plans to extend its market reach beyond its current strongholds in Kuala Lumpur and Selangor to neighbouring states such as Perak, Negeri Sembilan, Melaka, and Pahang. In an effort to reduce its reliance on RBD palm olein oil products, SCB is expanding its product portfolio to include high oleic soybean oil. SCB plans to expand its packaging operations will significantly increase production capacity to 9,470 metric tons annually, to meet the growing demand for high oleic soybean oil and RBD palm olein oil.

Posted by He En Ava Tan > 2 months ago | Report Abuse

More important part, director also sold thier own share for the first day. Intention not good.

Posted by investor2021trading > 2 months ago | Report Abuse

don't get personal! as an investor, shouldn't hold grudge, but invest in stock that's has potential.

Posted by investor2021trading > 2 months ago | Report Abuse

if ppl buy SCB n lose money b'cos of ur continuous poor mouthing of d company, do ppl hold grudge against u? NO, v get wiser next time!

Posted by He En Ava Tan > 2 months ago | Report Abuse

Winning and losing are part of the game. I'm an athlete, can accept losing, but it lost consumer heart. I wont buy thier product until director come out to say something. Can hold but worth to hold or not.

Posted by He En Ava Tan > 2 months ago | Report Abuse

Bro, you are right, dont be grudge. Hope something good will come.

Posted by mathewlau2562 > 2 months ago | Report Abuse

Mesti report to bursa if the director had committed an offence to dispose his share on the 1st day of listing

Posted by investor2021trading > 2 months ago | Report Abuse

ppl r like that! company's directors r not supposed to do that! Investors also sell first day of listing n so r d company's directors. Noticed they bought back when d price felled to 32.5c

Posted by He En Ava Tan > 2 months ago | Report Abuse

2021 trading, director consider insider. Thier know company conditions. We just investor. Hope can earn money or enjoy dividend pay out.

Posted by investor2021trading > 2 months ago | Report Abuse

i noticed all directors r in d same boat selling company's shares on d listing date. Hence, no disciplinary actions. Opportunity for them. Taking profit is d culprit!

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

They don't sell all but took opportunities which r not wrong but not good examples to investor.Bosses are miskin 😂

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

Just my view,px first day play not fair n boss selling is bad.Business view specifically on lamp oil ok lah.
As long no cheating ok.

Posted by He En Ava Tan > 2 months ago | Report Abuse

Ya, lamp oil we using sik cheong, that why i buy sik cheong share at 0.42sen. Now 0.235. Haiz, as consumer i support sik cheong, as investor i support sik cheong, but in the end money gone. That why emo. Haizz

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

I have been trying to tell somethings.
Now they make good money n support to goreng VTC from the funds.Normally cycle will come back but to get back 0.42 probably takes time.Currently after goreng VTC ,if to play back most is 0.295- 0 .32 rage.
It's just case study for me.
Good Luck.

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

SCB cannot go very far as there won't be any contracts unless export to Thailand or India.It means own business efforts only.Like normal small businesses in Malaysia.

Posted by He En Ava Tan > 2 months ago | Report Abuse

Bro, no need go far, can reach 0.42 consider good enough. At least cover back original fund. Need to study before buy. I just buy becoz using thier product. Anybody mention ipo good, then gone case

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

To average is very risky although one of the strategies cz u will end up pumping funds to something not sure.To cut loss is not the right time n to wait walaahhhh unless u r lucky with any good news.

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

They called it bite the bullets but one good things everybody learn their lessons n experience teach u.
Good Luck.

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

If VTC can sustained n Kucingko too then probably SCB sentiments can recover too

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

@He En,hard luck for u today..Wish good luck for your recovery.

Posted by He En Ava Tan > 2 months ago | Report Abuse

Hawk share also Ipo, Dato or investor all acquired. Now you know why ppl angry sik cheong

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

Looking at the px n vol movements, currently fair px n play.Since support seen at 22.5 any break will be a pblm.

cicakman

7,772 posts

Posted by cicakman > 2 months ago | Report Abuse

Support 22.5 cts
Bargain 0.23 cts
New Interest 24-25 cts
Resistance 29 cts
Good Luck

UnicornP

2,852 posts

Posted by UnicornP > 2 months ago | Report Abuse

Reaching lowest volume but still got impending sellers..

UnicornP

2,852 posts

Posted by UnicornP > 2 months ago | Report Abuse

Still so many dumpers @ 235

Michael Kwok

6,442 posts

Posted by Michael Kwok > 2 months ago | Report Abuse

Sik cheong 24.5 cents
Let see after 10am how look like.not too early to enter.
If 2-3 days no up,must throw.
18/9/24 12.20am

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