SARAWAK CABLE BERHAD

KLSE (MYR): SCABLE (5170)

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Last Price

0.24

Today's Change

+0.035 (17.07%)

Day's Change

0.20 - 0.25

Trading Volume

35,086,400

Entitlement

Upcoming

Happening

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Discussions
6 people like this. Showing 50 of 4,715 comments

calvintaneng

PUMPING NINJA STOCKS & THE GREATER FOOL ARE THE SAME!!

We are all at a wonderful ball where champagne sparkles in every glass and soft laughter falls upon the summer air. We know, by the rules, that at some moment, terrorists will burst in through the terrace doors, killing many and scattering the survivors. Those who leave early will be saved, but the ball is so splendid that no one wants to leave while there is still time. Everyone wants to enjoy one more dance and sip one more glass of champagne. So everyone kept asking: "What time is it? What time is it?" We look around and find that all the clocks have no hands.



This may be a surrealist's way of describing the stock market but Goodman's parable has a great deal of truth in it. Of course, we know that in every speculative boom of the past, the 'terrorists' did come when most of the guests were still enjoying themselves at the ball. As 'Adam Smith' implies, nobody knows when a speculative boom will end but end it must for that is the rule. At every speculative boom, not many of the small speculators escaped with their gains made on the way up. Most of the smaller speculators known to me eventually lost all their gains and much more than what has been gained.

Some even lost a large part of their original capital. Thus on the next occassion when you happen to find yourselves at this type of a ball, try to leave early. The problem is that once one is caught up in the fun and games of the party, one is apt to lose touch with reality. Chances are that believers of the Greater Fool Theory will hang on to the bitter end, only to be slaughtered. It is better to miss a few dances or a few glasses of champagne than lose one's life.

In concluding this section, an anecdote about Bernarde Baruch, generally acknowledged to be the greatest stock traders of the 1920s is related. He was once asked how it was that he remained so rich while many of his contemporaries had declared bankrupt. This was his splendid answer: 'I always sold too early.'

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2020-09-24-story-h1514272518-_THE_GREATER_FOOL_THEORY_By_Dr_Neoh_Soon_Kean_Excerpts_from_STOCK_MARKE

3 weeks ago

calvintaneng

Calvin comments:

According to Dr. Neoh, "A dividend yield of 12 per cent seems to be the floor below which most stocks will not drop".

In the Deepest Depth of the Lehman Brothers' Crisis after Bear Sterns & Lehman Brothers both gone bankrupt Warren Buffet bought into the safety of Goldman Sachs' Preference shares with guaranteed 10% yield.

Now take heed to Dr. Neoh's warning, "In sharp contrast, shares which pay low or no dividend at all do not seem to have any bottom and price decline can hit 90 per cent or more".

The characteristic of past bear markets like the Tulip Mania, The South Sea Bubble, The Great Depression of 1930s in USA, the Stock Market Rout of Asian Finacial Crisis in 1997/8 and The Lehman Brothers' Debacle of 2007/8 have witnessed many stocks & index crashing up to 90% or more.





https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-01-10-story-h-210588423-WHY_IS_DIVIDEND_IMPORTANT_From_Dr_Neoh_Soon_Kean_s_STOCK_MARKET_INVESTM

3 weeks ago

MarioBros

3 day more for PN17 status and not many activities. Seem like the status have to wait for another 3month to either can uplift or not

3 weeks ago

AhHuat168

Seems not good today, i cut loss today, white knight is not coming....sad

3 weeks ago

loonisback

abang adik sama saja

3 weeks ago

iCashBooster

@mario you mean pn17 status result?

3 weeks ago

Joel77

Bursa Malaysia Securities Berhad had vide its letter dated 1 November 2023 granted an extension of time up to 31 March 2024 for the Company to submit a regularisation plan to the regulatory authorities ("EOT Approval").

3 weeks ago

MarioBros

iCashbooster, yes. But seem the announcement come out early this time. 2 more month to go either can uplift or suspended

3 weeks ago

anisbin

Possible head & shoulder pattern... Beware...

2 weeks ago

Nurul18

tak huat leyyyyyyyyy!

2 weeks ago

AhHuat168

white knight is just a lie, the directors all sold at high 0.4 and above

2 weeks ago

mf

sell

2 weeks ago

AhHuat168

paulthesotong: the post any relate to SCABLE?

2 weeks ago

paulthesotong

as at 19.09.23 Petra Transit System 15.89% in SCB {2nd}

2 weeks ago

AhHuat168

i see, the boss is the best friend of PMX, dont worry he wont go jail, haha

2 weeks ago

MarioBros

Beware... 2month left and no concrete indi that the white knight really do something to save this stock. After March gonna be delisted if nothing happen. With new scandal involving Taib, just beware. Even CMSB go down today

2 weeks ago

kenie

PN17

2 weeks ago

kenie

Restructuring TIMEFRAME near end

2 weeks ago

kenie

drop back below 5c

2 weeks ago

johndontlie

let see how it close the price today.
0.17 is already the lowest

2 weeks ago

joyvest

WTF is going on? No sight of white knight but prince of darkness . Major Shareholder is seriously ill now and he appears to abandon ship for good.... Investors are crying now ..............

2 weeks ago

kenie

KUCHING: Polis mengesahkan menerima laporan berhubung kejadian bekas Yang di-Pertua Negeri, Tun Abdul Taib Mahmud dibawa keluar dari sebuah hospital swasta, di sini, tengah malam tadi.
Pesuruhjaya Polis Sarawak, Datuk Mancha Ata berkata siasatan kini dijalankan mengikut Seksyen 336 Kanun Keseksaan iaitu perbuatan cuai sehingga membahayakan nyawa atau keselamatan orang lain.
"Pihak polis kontinjen Sarawak telah terkesan satu posting tular membabitkan bekas TYT Sarawak, Tun Pehin Sri Abdul Taib Mahmud yang dimuat naik di media sosial.
Sehubungan itu, pihak polis menasihatkan orang ramai supaya tidak menyebarkan perkara ini dan tidak membuat sebarang spekulasi," katanya dalam kenyataan, hari ini.
Susulan itu, portal berita yang berpangkalan di London, 'Sarawak Report' mendakwa berdasarkan laporan polis yang dibuat oleh seorang doktor berkenaan, Abdul Taib yang sedang menerima rawatan dibawa balik secara paksa ke rumahnya di Demak Jaya, di sini, tengah malam tadi.

2 weeks ago

MarioBros

https://www.sarawakreport.org/2023/12/sarawak-cables-white-knight-flashes-its-sword-at-media-enquirers/
White knight is just a scam guys. To force the price going up. I wonder how much money do they get from selling their ticket. 2 month left and it will be very wild. They have to collect money to escape from pn17 and our money is their target

2 weeks ago

AhHuat168

i dont think this counter can get out of pn17. White knight is indeed a scam to con money from investors. At the end, investor lost tonne of money and the counter get delisted from the market.

2 weeks ago

AhHuat168

Please bear in mind that, the company can still operate as usual after delisted from bursa. Selling their cable or what sort ever. But the money of investors will never come back.

2 weeks ago

PepGuardiola

Con ppl money Scable

2 weeks ago

Chong3710

Mission accomplished, the boss all sell at high price. The mor0ns are left with falling share price.

2 weeks ago

sasword

those malai s hol money laundering shit can easily shift their black money to other counters, the whole malai share market is just a scam after all.

2 weeks ago

MarioBros

This is clear example of copying CFM guys. Make an announcement and press release regarding very big news to push the price higher. Bekir already disposed more than 10mil unit of his share via direct business transaction. I do believe he disposed the share to market using somebody else. Whoever bought at high and keep buying to average the price, i feel sorry for them. Hopefully there will be another rally to push the price but it is very unlikely. Macdx indicate no shark in here, only retailer and some hot money transaction. Good luck guys

2 weeks ago

AhHuat168

dont buy this trash stock, let the operator shiok sendiri

2 weeks ago

Tibbers

dang haha, the chart is forming head and shoulder. If u look closely, the candle is forming a middle finger to you guys lmoa.

2 weeks ago

AhHuat168

let the celaka operator dump the share to themselve, left hand sell, right hand buy, let them shiok until die

2 weeks ago

AhHuat168

the chart showing middle finger? what an.insult to.us. It looks like the private part of a man too, really celaka the operator cheat the money of investors, i curse them go mati lah this chinese new year

2 weeks ago

nicholas99

middle finger.

2 weeks ago

Eagle77

Hahaha 😎🤞

2 weeks ago

AhHuat168

trash stock fake rebound today, dont chase, it will go back to square again

2 weeks ago

PepGuardiola

Eagle77 supporter of Scable also? Last time Scib. You Sarawakian or what, haha come eat Mee Kolo

2 weeks ago

iCashBooster

This company proven rubbish liao, all green rebound all fake rebound to trap more bilis dont be silly

2 weeks ago

iCashBooster

stay away is the only way

2 weeks ago

AhHuat168

This rubbish stock use PN17 uplift story to cheat bilis. This is the last chance for the director to dispose share, after that it will delist from the bursa. Every one who happen to read the forum, stay away from this rubbish.

2 weeks ago

iCashBooster

Winding up, RP also cannot produce, fake white knight, fake rebound to trap bilis. hahaha what kind of id1ot company. Stay away, baseless foundation to invest hahaha

2 weeks ago

Eagle77

Why have to take risks on the uncertain future come and invest in Minetech that FREE from market manipulation LD etc guys 😎🤞

1 week ago

ocbc

SCIB better in this case

1 week ago

rr88

Wah respect!
Mati hidup semula....
Later mati balik??

1 week ago

Vincentbravo

Round 2 to trap everyone :) Before CNY kena slap 1 time.. After CNY need to kena again!! Welcome to Scable Casino. Place your bets & Good Luck Sir

1 week ago

anisbin

Pump & dump... Now starts to pump again... Will dump again... Repeat this cycle... Until rm1.00... Then U realised... Wait,this is normal stuff in Bursa Malaysia... U just have to enjoy the rollercoaster ride...⛽

1 week ago

calvintaneng

be careful

this one can go insolvent and later suspended

then cry also no tear left

only way to make money here is like this

see

https://www.youtube.com/watch?v=QDubMeNlSxc

1 week ago

kenie

taib makmud dies

1 day ago

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