SIK CHEONG BERHAD
KLSE (MYR): SCB (0316)
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Last Price
0.235
Today's Change
+0.005 (2.17%)
Day's Change
0.23 - 0.24
Trading Volume
2,444,300
Overview
Market Cap
63 Million
NOSH
266 Million
Avg Volume (4 weeks)
2,899,195
4 Weeks Range
0.225 - 0.255
4 Weeks Price Volatility (%)
33.33%
52 Weeks Range
0.225 - 0.505
52 Weeks Price Volatility (%)
3.57%
Previous Close
0.23
Open
0.235
Bid
0.235 x 374,200
Ask
0.24 x 724,300
Day's Range
0.23 - 0.24
Trading Volume
2,444,300
Financial Highlight
Latest Quarter | Ann. Date
|
Next QR | Est. Ann. Date
|
T4Q P/E | EY
|
T4Q DY | Payout %
|
T4Q NAPS | P/NAPS
|
T4Q NP Margin | ROE
|
News and Blogs
Related videos
Company Profile
Sector: CONSUMER PRODUCTS & SERVICES
Sector: CONSUMER PRODUCTS & SERVICES
Subsector: FOOD& BEVERAGES
Subsector: FOOD& BEVERAGES
Description:
Sik Cheong Berhad, incorporated in Malaysia on June 23, 2023, as Sik Cheong Sdn Bhd, became a public limited company on December 20, 2023, to facilitate its listing. As an investment holding company, it engages in the repackaging, marketing, and distribution of edible oil and other food products, as well as lamp oil and other trading products. The company serves retailers, wholesalers, hotel, restaurant, and catering operators, and food manufacturers, primarily in the Malaysian market.
Discussions
Be the first to like this. Showing 50 of 149 comments
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?
2 weeks ago
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 👹 >> $$$$$...👌
2 weeks ago
@ Ahmad current px is fair play wth low risk but those crooks have escape plans n they have funds.
2 weeks ago
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.🤣
2 weeks ago
I m not interested this counter ,just case study to add knowledge.
If ppl can make money then congratulations.
2 weeks ago
# Ahmad no pblm.They have funds n escape n contingency play,it is not their intention to invest.
2 weeks ago
@ 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.
2 weeks ago
@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.🤣
2 weeks ago
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.
2 weeks ago
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.
2 weeks ago
After considering all px factors,just incase u want to try curi2 when dust settle roughly will be 20 - 21 cts . TAYOR.
2 weeks ago
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
2 weeks ago
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,
2 weeks ago
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.
2 weeks ago
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.
2 weeks ago
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.
2 weeks ago
More important part, director also sold thier own share for the first day. Intention not good.
2 weeks ago
don't get personal! as an investor, shouldn't hold grudge, but invest in stock that's has potential.
2 weeks ago
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!
2 weeks ago
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.
2 weeks ago
Mesti report to bursa if the director had committed an offence to dispose his share on the 1st day of listing
1 week ago
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
1 week ago
2021 trading, director consider insider. Thier know company conditions. We just investor. Hope can earn money or enjoy dividend pay out.
1 week ago
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!
1 week ago
They don't sell all but took opportunities which r not wrong but not good examples to investor.Bosses are miskin 😂
1 week ago
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.
1 week ago
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
1 week ago
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.
1 week ago
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.
1 week ago
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
1 week ago
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.
1 week ago
They called it bite the bullets but one good things everybody learn their lessons n experience teach u.
Good Luck.
1 week ago
If VTC can sustained n Kucingko too then probably SCB sentiments can recover too
1 week ago
Hawk share also Ipo, Dato or investor all acquired. Now you know why ppl angry sik cheong
1 week ago
Looking at the px n vol movements, currently fair px n play.Since support seen at 22.5 any break will be a pblm.
1 week ago
Support 22.5 cts
Bargain 0.23 cts
New Interest 24-25 cts
Resistance 29 cts
Good Luck
5 days ago
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cicakman
Once they have set plan to cheat,never try to buy.
2 weeks ago