definitely. fair value is RM 6 per share pre-split. Karim boss already clearly said target to get RM 1bil capitalization in 1-1.5 year.
By Zac .

目前，SCIB 才只是市值RM4.29 亿而已，距离RM10 billion market Capitalization 还有整一倍之多。未来日子里的SCIB 存有巨大上涨空间。

BOUGHT SCIB !

Earnings are forecast to grow 47.06% per year

If not, need to keep.

Mestilah tidak mungkin hanya kita 10-15 orang kat sini yang MAMPU tolak harga ke 23 sen, mesti/KEMUNGKINAN YANG TINGGI EASTLAND shareholders yang telah BELI Secara SENYAP dlm tempoh beberapa hari yang lalu termasuk hari ini.

Comfirmed, that August 2020 penny stocks is counted only from July 31, 2020.

Thai rubber glove maker Sri Trang plans IPO to raise $480 million。

06/22/2020 | 08:12am EDT

Sri Trang Gloves Thailand (STGT) plans to raise 14.9 billion baht ($480.34 million) in an initial public offering (IPO), it said in a filing on Monday in the country's biggest IPO amid the coronavirus outbreak.

The rubber glove maker, a subsidiary of the country's biggest natural rubber producer Sri Trang Agro Industry Pcl, booked revenue of 3.79 billion baht in the three months ending in March, up 25% from 2.98 billion baht a year ago, according to the filing.

The increase was driven by rubber glove sales of 6.2 billion pieces, up 28.7% from the same period a year ago, and new production lines and factories in southern Thailand.

The company said sales had increased partly due to the COVID-19 pandemic.

Gross profit nearly doubled in the first quarter this year, jumping 79.7% to 706.6 million baht, also helped by lower oil prices.

The IPO period will be between June 23-25 and the company plans to sell 438.78 million shares, priced at 34 baht each. The first trading day is slated for July 2, it said in a statement.

The funds raised will be used for to expand production capacity and to pay off debt.

Sri Trang Gloves's facilities in Thailand have a production capacity of 32.6 billion gloves per year, aiming to produce 100 billion by 2032.

Thailand is the world's biggest producer of natural rubber, including latex, and has planned for years to increase domestic use to boost prices.

Thailand exports latex to Malaysia, where the world's biggest medical glove marker Top Gloves posted a 366% jump in third quarter profits on increasing protective gear demand.

After the share sale, its parent company Sri Trang Agro Industry will reduce holdings from 73% to 50.7%.

Finansa Securities Ltd is its financial advisor.

https://www.marketscreener.com/quote/stock/TOP-GLOVE-CORPORATION-BHD-6496122/news/Thai-rubber-glove-maker-Sri-Trang-plans-IPO-to-raise-480-million-30804827/

我身边有经验的remisier，劝我别在i3forum 闹，假设有任何不解的疑问，都可以找他。

我个人只是认为那条水人格有限，小学里缺少道德价值观念，所以才特地下载SCIB 业绩找出更有用的资讯，不只是给自己，同时我认为决定把infomations放在这儿，好让其他小股东们参考。

Pls correct me if I'm miss or wrong, thank you.

Cash and cash equivalents at the end of the period RM71,833,000 ( Vs RM6,840,000 Last FY Q)
minus RM37,385,000 borrowing,
净现金流SCIB RM34,448,000.

Prospects for the remaining quarters

On the local construction front, as the government revives more on the large-scale infrastructure projects including the recent Rapid Transit System Link agreement between Malaysia and Singapore, the Kuala Lumpur-Singapore High- Speed Rail, Mass Rapid Transit Line 3, Pan Borneo Highway and others; eyes on the tabling of Budget 2021 in November 2020 and 12th Malaysia Plan in January 2021 to have a clearer picture for the future direction and the infrastructure landscape.

Being the largest precast concrete and IBS manufacturer in East Malaysia, healthy business prospect also lies within state-funded people-centric construction projects that we will be rolling out in stages. This includes Second Trunk Road, Coastal Road, Project Rumah Mesra Rakyat, Sekolah DAIF Sarawak, Government Hospital and Health Clinic, Sarawak Water Supply Grid Programme and others. Banking on SCIB’s strong foothold, we are hopeful of tapping into our localized advantage in Sarawak. In addition, SCIB has entered into an acquisition agreement with Edaran Kencana, a local business entity and Petronas’ licensed vendor which will open the door for the Group to participate in wider range of job tendering going forward.

Outside of Malaysia, SCIB is expanding its footprint into Indonesia, Oman, Qatar and UAE based on their experiences and networks, within considerable pace as global market is still actively tackling the spread of COVID-19. Job potential persists as national development remains a long term initiative. There are several construction opportunities sighted not only from neighbouring country following the relocation of capital from Jakarta to Kalimantan, but also the infrastructure requirements from Qatar for hosting the FIFA World Cup and from UAE for organising the World Expo, as well as the development of Special Economic Zone which has attracted the international investment flow into Oman.

SCIB has achieved its order book target for this year with RM1.6 billion worth of works on hand as at August 2020. This can be translated into earnings for this and next few financial years. In view of the challenges posed by COVID-19 pandemic, mitigation plans have been put in place for contracts in hand in order to minimise the project progress interruption from the aspects of operational process, manpower capacity, supply chain, and distribution networks, in line with the industry required SOP.

Looking ahead, SCIB will focus on three key strategies to drive sustainable value creation:
(i) diversifying the geographical presence;
(ii) strengthening in-house construction capabilities;
(iii) exploring supply chain partnerships or technology enabler that can improve efficiency and productivity. Barring any unforeseen circumstances, such as COVID-19 second wave,SCIB holds a cautiously optimistic view with its prospects and will strive to achieve satisfactory performance in 2020.

FROM QR, I'M NOTICED SOME POINTS:

Net cash generated from financing activities RM67,252,000 ( vs RM296,000 LAST FY Q)
SCIB become CASH RICH currently, right?

Cash and cash equivalents at the end of the period RM71,833,000 ( Vs RM6,840,000 Last FY Q)

Performance review
SCIB recorded revenue of RM94.9 million in the second quarter of 2020, as compared to RM17.9
million in the corresponding quarter of 2019, representing an increase of 430% or RM77 million. The significant increase of revenue recognized for current quarter was contributed by the EPCC segment.

SCIB registered a profit before tax (“PBT”) of RM7.2 million as compared to a loss before tax of
RM111,000 posted in the corresponding quarter last year. The improvement in the PBT was mainly due to the higher revenue growth in the construction contract.
On a year-to-date basis, the Group reported revenue of RM146.7 million in the first half of 2020, as
compared to revenue of RM35.3 million in the first half of last year represent an increase of 316%.

The construction and EPCC segment being the biggest revenue contributor to the Group recorded a total of RM120.5 million. However, the manufacturing division recorded a lower revenue of RM26.2 million for the 6 months period ended 30 June 2020 as compared to the same period in preceding year of RM35 million.

The lower revenue in manufacturing division reported this year was due to the impact of Covid-19
Movement Control Order which slows down the sales in the manufacturing segment. The Group achieved a PBT of RM11.5 million was primarily due to higher revenue contributed by EPCC segment as compared to PBT of RM1.5 million recorded in the corresponding period last year.

The net assets of the Group as at 30 June 2020 stood at RM128 million which translates to RM1.05 net assets value per share.

SCIB registered a PBT of RM7.2 million from a revenue of RM94.9 million for the current quarter as
compared to a profit before tax of RM4.2 million from a revenue of RM51.8 million in the preceding
quarter. A higher profit before tax in the current quarter was mainly attributable to the increase of revenue in the construction contract.

Traders and contralians must erase first before trading at 1.50-1.60 this week.

Hwgb 还未发生过Limit up 。

Gap up 1.40-1.50..….

Before 17/9/2020 Second QR announce, SCIB likely to exceed Trading buy price of RM3.90.

四个字：HOLD for value gain。

到时候，SECOND QR ，THIRD QR，FOURTH QR FY2020出炉后，分析员又来更新SCIB 价值了。

FIRST QR WAS ANNOUNCED ON 17 JUNE 2020 （DURING MCO PERIOD）
PROFIT AFTER TAX ABLE TO RECORD RM4，276，000。
COMING SECOND QR （RMCO PERIOD），净利估计会是FIRST QR 的一倍之多！

人是这样的，卖了又买回去的，这样下去，ISTONE一路可到翻几倍。

THEY SELL AND BUY BACK PUNYALAH.

我个人发现，DNONCE 一直被市场忽略了它的存在。

Thanks, longtermvaluegain bro!!!!
Since I read your post related DNONCE, and I just BOUGHT DNONCE.
------RM1.00------

I AM THINKING THAT SCIB MUCH VALUEABLE THAN KPOWER.
SCIB NOT ONLY WORTH RM5.0 BILLION MARKET CAPITAL,
-------SCIB-----WORTH RM7.5 BILLION.

认为Istone 下个星期会走高。

成交量快要突破100 mil了！！!！！！！！

Medium term 85 sen.

Today We might see 28 sen-28.5 sen

https://klse.i3investor.com/blogs/triumphinbursa/2020-08-05-story-h1511528928-_Covid_19_Related_Again_This_Company_Macam_Boleh_leh_Nearly_Limit_Up_in.jsp

https://klse.i3investor.com/blogs/triumphinbursa/2020-08-05-story-h1511528928-_Covid_19_Related_Again_This_Company_Macam_Boleh_leh_Nearly_Limit_Up_in.jsp

https://klse.i3investor.com/blogs/triumphinbursa/2020-08-05-story-h1511528928-_Covid_19_Related_Again_This_Company_Macam_Boleh_leh_Nearly_Limit_Up_in.jsp

https://klse.i3investor.com/blogs/triumphinbursa/2020-08-05-story-h1511528928-_Covid_19_Related_Again_This_Company_Macam_Boleh_leh_Nearly_Limit_Up_in.jsp

https://klse.i3investor.com/blogs/triumphinbursa/2020-08-05-story-h1511528928-_Covid_19_Related_Again_This_Company_Macam_Boleh_leh_Nearly_Limit_Up_in.jsp

https://klse.i3investor.com/blogs/triumphinbursa/2020-08-05-story-h1511528928-_Covid_19_Related_Again_This_Company_Macam_Boleh_leh_Nearly_Limit_Up_in.jsp

https://klse.i3investor.com/blogs/triumphinbursa/2020-08-05-story-h1511528928-_Covid_19_Related_Again_This_Company_Macam_Boleh_leh_Nearly_Limit_Up_in.jsp

我们就算没计算ASP 涨多少都好，平均CAREPLS PER QUARTER Earning around RM21 mil (已扣除第一季业绩一次性盈利的RM15 mil )， 我们可获得 RM 84 mil 盈利Annumly.

https://www.theedgemarkets.com/article/how-much-profits-do-glove-makers-need-sustain-rally

https://www.theedgemarkets.com/article/capacity-top-four-malaysian-rubber-glove-players-expected-rise-16-2020

https://www.thestar.com.my/news/world/2020/07/31/coronavirius-impact-will-be-felt-far-into-the-future---who#cxrecs_s

I still hold.Dpharma,.but.feel regret.because I
dint.take.profits.today 2.96.

Mayongzheng bro is correct.
Some of us believe that missed the Topglov and Supermx boat. But in health care stocks, Only TWO COUNTERS IDENTIFIED , AND THEY ARE

PHARMA

and


DPHARMA.

Both are not hard to meet RM10.00 and Above.

两中可能明天。
1.drop for few minutes for those who still wan to take profit and buy back quickly.
2. TERUS GAP UP RM2.50 above.

今天没进货，明天可买到一点便宜还是看见它在Gap Up.

Now almost 40 mil volume

Vol charge hand Dpharma 38 mil
While Pharma 6 mil .
(As 3.46 pm today)

During rm1.95 drop to rm1.89, I was collected . fortunately, I dint bother his negative statements. I check and read Dpharma and Pharma, finally bought in Dpharma recent day. Will keep ONE YEAR.

Thanks, longtermvaluegain.
I still hold because I realized tickets getting lesser.

Nobody will tell you when EDARAN will secure again contracts, unless insider.

Once EDARAN secure again contracts from immigration , price will gap up 50 - 65 sen.

on 4/12/2019 Edaran: Bags IT maintenance contract worth RM56.71m from RMCD . Edaran IT Services SB (Edaran IT) has secured a contract worth RM56.71m to undertake the maintenance work of hardware, server software and application of the Customs Information Systems from the Royal Malaysian Customs Department (RMCD). Edaran said the 24-month contract took effect from Sept 1, 2019 until Aug 31, 2021. (The Edge)