why bother to take over ?

Well, have you heard of " back door listing (BDL ) ". ? BDL is the cheapest way to go for listing. Upon take over, diversity of business can be injected inside the company . The share base of the company is only 640 m shares, all you need is to secure directly and indirectly 326 m to control...

It can not be ruled out that Dr.k and his gang are accumulating shares to trigger a compulsory take over...

Dr.K might use nominee and act from behind.you may check if the nominees are associated to him or not....

Following the meltdown, it is believed that the substantial shareholders holding more than 5 % could emerge. You may check with the depository.

Compulsory take over can not be ruled but very unlikely.the company has just turnaround under the new management.

If Dr K ,is still there ,the compulsory take over is likely to happen to kick him out

SCIB was once run by bad management under Dr.k which is the thing of the past now.
New management is taking over now. Future prospects are believed to be bright under the new management.

What is past is past.what is relevant now is the future prospects...

Getting awards of contract is one thing. Managing the awarded contract is another thing.

Many companies can get contracts but whether they can manage/ execute them well or not is debatable.

It remains to be seen if the new team can manage well or not to turnaround the company. The previous Qtr is a good indication of turnaround is under the way. The company is well equipped with its resources and all is needed now is a team of good management to lead.

As said,the new mgt should be given reasonable time to prove their worth.Rome empire is not built in one day. Cheers

Have you noticed that the naysayers keep talking about the past and live under the shadow of the past while we are talking about future prospects and forward looking. That's the big difference between them and us.

The market is always forward looking and efficient enough to react faster than you and me could imagine....

YNH is in deep shxt now.luckily,you are not involved

https://www.nst.com.my/business/corporate/2024/01/1002733/bursa-securities-unearths-rm150m-oversight-ynh-property

SCIB was once run by bad management under Dr.k which is the thing of the past now. New management is taking over now. Future prospects are believed to be bright under the new management. All eyes are watching them including SC.

Following this usual phenomenon on the the small cap stocks , SC is said to keep a close eye on every single movement of them.

Thats the problem of small cap stocks,they are highly volatile in nature as evident in recent fiasco.

My view is that the new management should be given reasonable time frame to strengthen snd consolidate the company.

Currently the new management is heading the right direction. I am confident that they can deliver and strive for the new heights in months to come....

https://klse.i3investor.com/web/blog/detail/savemalaysia/2024-01-19-story-h-190353387-Bursa_Securities_suspends_short_selling_in_SCIB_Jentayu_and_Tanco_as_sh

We leave it to the capacities and professionalism of the management to manage and govern .we are confident that the new mgt has what it takes to turn around the company.They know what to do .All we can do is to sit and wait.however,those who have cut loss must do something to recover your real losses...

how long it takes you know better.

https://www.nst.com.my/business/corporate/2024/01/1003165/sc-bursa-malaysia-come-fray-reassure-investors-selected-stocks

That bugger departed SCIB long ago and is no longer influential figure in the market.

How many times have I told you not to live under the shadow of the past . the Market is forward looking not backward looking

The company can break free after his departure.As long as he is not associated with SCIB , the company will fly

How long is how long ? Nobody knows for certain but what is certain is that they have contracts and sustainable with growth as a matter of fact.

Luckily , Dr.K ( Karim) is no longer a shareholder of SCIB . If he is in. the company is untouchable .....

Your mention of best bet is basically self comforting and self-deceiving. I bet you are cursing like hell now .............

If you knew there were so much troubles in this world since you were borne, you would not choose to be borne. However, you dont have the choice cos you can not control your birth

who knows the sky is falling on you next day ? Who knows you strike lottery next day ? Nobody knows .....................

in your fantasy

T2 has been flushed in T3

Flushing is about to complete...............

Margin calls are instant to be regularised , no credit given. He is daydreaming of the highest order.......

who is leading who to suicide ? You are blinded but I am not. You are prejudiced in your view but I am not .

Any sight of White knight yet ?

Cutting losses is one of the strategies but use it wisely....

Your Indiscriminating sell off out of panic is larger than your loss, in so doing, you are nothing special but just like one of those retailers running like chickens without the sense of direction.

If the company was on the verge of becoming a pn17 or delisted co,then you did the right thing to cut loss.

You go to ask your reminiscers.

Always mention TA FA bra bra .....

A perfect example is Serba Dynamic ,its TA and FA were once excellent , highly recommended by IB etc .What would happen later? All the TA and FA looked nice on paper, in reality, it is all gibberish...... TA and FA etc are just one of the many factors ,which can not be relied upon singly and totally.

Yer, what is his purpose ? Always tell us with hindsight. Tell us with your foresight .

No assumption but fact . I thought you know since you claim you are an experienced trader.

By afternoon, IDSS must reverse their positions by buying back otherwise they stand to lose ........ they know that they are losing ground minute in minute out.by now ...............

LD today is out of the question

Green making somebody green eyes. Red making somebody red hot.... Your indiscriminating panic selling is larger than your loss....................

Green , green , green causing someones having green eyes................. haha

By afternoon, IDSS will reverse their positions by buying back........ they know that they are losing ground minute in minute out................

The most important thing is to stop the bleeding be it closed at 0.34 or what. Once the bleeding has stopped ,the wound starts to recover and heal.............Why are you jumping the gun since you claim you are an experienced trader? you talk as if you were in sole control of the price................

SCIB has been surviving for more than 48 years for a valid reason .... more than you ...........

From my experience, the price is usually stable after flushing out the running chickened heads............

Panda must have cut loss at 0.235 and lamenting over it now..... I suggest you live out of the box instead of living inside the box

no more 0.10. it is out of the question now

if RDS start to reverse their positions, possibly there could be LU

If green , then IDSS will lose money ..... RDS will cut loss by reversing their positions

IDSS players must close their position today so they have to reverse if the trend is not their side..... From the ways it goes , they are losing ground now ...........

I think they will reverse their position by afternoon when they know there is no more hope

IDSS and RDS are trying hard to overturn but I doubt they can succeed this time due to overwhelming supports. They will reverse their strategy by buying back to breakeven. like the gentleman says, it is likely to be back to 0.535

I have reiterated . Your indiscriminating panic selling is larger than your loss..... it is real loss and gone forever

It is a funny whole game now , IDSS and RDS Players are cutting losses now by buying back..... the other way round.