SOUTHERN SCORE BUILDERS BERHAD

KLSE (MYR): SSB8 (0045)

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Last Price

0.54

Today's Change

-0.01 (1.82%)

Day's Change

0.535 - 0.545

Trading Volume

467,500


4 people like this.

1,835 comment(s). Last comment by DrTraderv3 1 day ago

RCZ2020

848 posts

Posted by RCZ2020 > 2024-05-06 22:18 | Report Abuse

Will move up tomorrow

Posted by khatulistiwa8 > 2024-05-06 22:55 | Report Abuse

tomorrow EGM .. seeking approval to vary the utilisation of proceeds.. if you read the circular, it says they wanna do acquisition.. currently in nego w/ some prospects wor. eyeing M&E.... jeng jeng jeng.

kritikos

57 posts

Posted by kritikos > 2024-05-07 09:00 | Report Abuse

wonder if share price will move post EGM, sure hope go.

mystery

506 posts

Posted by mystery > 2024-05-07 14:02 | Report Abuse

No power to go up above 0.45

icecube

34 posts

Posted by icecube > 2024-05-07 15:57 | Report Abuse

as expected, reso carried out smoothly .. unanimous approval by shareholders. and not bad, share price reacted positively. now.. looking into the future ... we shall see what lies ahead. 拭目以待!

SonniaFang

159 posts

Posted by SonniaFang > 2024-05-07 16:12 | Report Abuse

Yup, shareholders has approved the proposal and SSB8 will use approximately RM22 million raised from PP to acquire mechanical and electrical (“M&E”) construction company that is in line with its existing business

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3445444

Posted by OnlyTheCoconut > 2024-05-07 16:16 | Report Abuse

see you at 0.50! SSB8 power lah!

rockwork1

64 posts

Posted by rockwork1 > 2024-05-07 17:31 | Report Abuse

Who say no power, momentum too strong & this week can move further up

Posted by InfinityTifanny > 2024-05-07 18:00 | Report Abuse

SSB8 has been trending bullishly since March and look at today's trading volume, it's more than 17 million. The person who say no power doesn't have eyes one 😆😆

Posted by nikkoMoney > 2024-05-07 20:07 | Report Abuse

Looks like tomorrow will trend upwards

zenpaw04

48 posts

Posted by zenpaw04 > 2024-05-08 15:56 | Report Abuse

SSB8 already making profit since 2022 & more and more project with potential high margin coming in too

karigang

55 posts

Posted by karigang > 2024-05-08 16:12 | Report Abuse

close 0.45, momentum growing up day by day

WongGK92

273 posts

Posted by WongGK92 > 2024-05-09 08:11 | Report Abuse

SSB8 has demonstrated its proficiency by generating high returns on increasing amounts of capital employed

WongGK92

273 posts

Posted by WongGK92 > 2024-05-09 08:12 | Report Abuse

if you are a long term investor, you surely would be thrilled with the 115% return you had received over the last year 🙂

Posted by MohamedAqil > 2024-05-09 16:01 | Report Abuse

Jangka Southern Score akan terus mengumumkan keputusan yg cantik akhir bulan ni 😉

Posted by life is great > 2024-05-09 16:21 | Report Abuse

Last year got dividend, this year another one coming

Posted by InfinityTifanny > 2024-05-09 17:21 | Report Abuse

awesome, looks like it will break 50 cents tomorrow 🔥🔥

Gokurek

59 posts

Posted by Gokurek > 2024-05-09 19:23 | Report Abuse

Very likely they give dividend again, property & construction recently very hot

kritikos

57 posts

Posted by kritikos > 2024-05-09 22:45 | Report Abuse

awesome performance today! keep it going..
read this https://klse.i3investor.com/web/blog/detail/WaveUp/2024-05-09-story-h-181837095-Trend_Tracker_Southern_Score_Builders_Bhd
and i quote "SSB8 could continue to inch higher with no visible resistance beyond the 50.0 sen level." .... woohoo! i sure hope the writer is correct

kritikos

57 posts

Posted by kritikos > 2024-05-09 22:47 | Report Abuse

https://thesun.my/local_news/rm180-bln-allocation-available-for-projects-in-construction-sector-this-year-ahmad-maslan-HE12436346
positive news for construction. contracts are coming out soon according to govt la. let's see how fast the contracts will be dished out. hope govt got money..

kritikos

57 posts

Posted by kritikos > 2024-05-09 22:47 | Report Abuse

https://thesun.my/local_news/rm180-bln-allocation-available-for-projects-in-construction-sector-this-year-ahmad-maslan-HE12436346
positive news for construction. contracts are coming out soon according to govt la. let's see how fast the contracts will be dished out. hope govt got money..

WongGK92

273 posts

Posted by WongGK92 > 2024-05-10 13:45 | Report Abuse

Feel free to browse the technical view on Southern Score 🙂

https://klse.i3investor.com/web/blog/detail/WaveUp/2024-05-09-story-h-181837095-Trend_Tracker_Southern_Score_Builders_Bhd

SonniaFang

159 posts

Posted by SonniaFang > 2024-05-10 15:02 | Report Abuse

it tries to hit 50 cents this morning, but hard roadblocks there ...

Posted by Spacewhalezz > 2024-05-10 16:57 | Report Abuse

no problem, next week can challenge 0.50 again

mectronx

66 posts

Posted by mectronx > 2024-05-10 18:54 | Report Abuse

Already slowly eating up the roadblock, confirm can breakout la

Posted by khatulistiwa8 > 2024-05-11 15:51 | Report Abuse

yesterday (Friday) rehat sikit so can charge forward again next week. break 50 sen??

Posted by InfinityTifanny > 2024-05-13 11:01 | Report Abuse

Strong order book is driving Southern Score towards 50 cents and above

Posted by InfinityTifanny > 2024-05-13 11:04 | Report Abuse

its current order book is worth more than RM530 million btw

Posted by OnlyTheCoconut > 2024-05-13 16:33 | Report Abuse

SSb8 continue to build momentum until 0.50

rockwork1

64 posts

Posted by rockwork1 > 2024-05-13 18:13 | Report Abuse

ez for SSB8.. 2024 year of property & construction!

RCZ2020

848 posts

Posted by RCZ2020 > 2024-05-13 19:24 | Report Abuse

This week to cross 0.50

Posted by khatulistiwa8 > 2024-05-14 06:10 | Report Abuse

woohoo, SSB proposed to acquire 51%-stake in data centre (dc) M&E specialist for RM23 mln! The news came just 1 week after their EGM approval to vary the private placement utilisation proceeds. Nice, very nice. Looks like this SJEE company has done dc jobs before.. unlike some companies which say they are tendering for dc jobs (but has never done one in the past).

will be really interesting to see the response at 9am later.. will share price jump? got chance to be like VSTECS?? hmmmmm.... can't wait till 9am.

WongGK92

273 posts

Posted by WongGK92 > 2024-05-14 15:28 | Report Abuse

Wow, now SSB8 is joining the data center theme. No wonder today's trading volume is so active

4dking777

403 posts

Posted by 4dking777 > 2024-05-14 15:32 | Report Abuse

Ssb8 seems coming, time to h9e ?

SonniaFang

159 posts

Posted by SonniaFang > 2024-05-14 15:42 | Report Abuse

For your record, SJEE is established in 1992, has carved a niche in the electrical engineering sector, specialising in turnkey projects for complex installations in high-tech industries, such as DATA CENTERS

zenpaw04

48 posts

Posted by zenpaw04 > 2024-05-14 17:45 | Report Abuse

already coming back last few months, just hoot 9 e

karigang

55 posts

Posted by karigang > 2024-05-14 19:19 | Report Abuse

See you above 0.50 soon...

Posted by MohamedAqil > 2024-05-15 15:47 | Report Abuse

Peluang utk masuk semasa harga ditarik balik hari ni 🙂

Posted by life is great > 2024-05-15 16:47 | Report Abuse

few more weeks b4 0.50

Posted by InfinityTifanny > 2024-05-15 17:18 | Report Abuse

Wait for contra players or day traders to exit and the price will rise

Gokurek

59 posts

Posted by Gokurek > 2024-05-15 19:20 | Report Abuse

Can queue around 0.44-0.45, pick up for rebound

SonniaFang

159 posts

Posted by SonniaFang > 2024-05-16 08:52 | Report Abuse

sell on good news ...It will shoot up after they (traders or contra players) finished selling

mectronx

66 posts

Posted by mectronx > 2024-05-16 16:52 | Report Abuse

Construction group Southern Score Builders Bhd is acquiring a 51% equity stake in electrical contractor SJEE Engineering Sdn Bhd for RM23.0mn cash to tap into new market segments within the construction value chain and to expand its income stream.

mectronx

66 posts

Posted by mectronx > 2024-05-16 16:52 | Report Abuse

Tapping into new market, SSB8 0.60-0.80

Posted by MohamedAqil > 2024-05-16 21:48 | Report Abuse

Dengar orang cakap SJEE pernah menghabiskan sebanyak 4 projek data centers

Posted by InfinityTifanny > 2024-05-17 10:52 | Report Abuse

That's interesting. If that's true, then this company has a higher chance of getting a data center project in Johor

Posted by Spacewhalezz > 2024-05-17 15:38 | Report Abuse

Very good news, below 0.50 is a big bargain

Posted by OnlyTheCoconut > 2024-05-17 17:04 | Report Abuse

SSB8 to buy 51% stake in electrical contractor to broaden presence in construction value chain

https://theedgemalaysia.com/node/711399

Posted by OnlyTheCoconut > 2024-05-17 17:04 | Report Abuse

The acquisition comes with a profit guarantee by Ngo that SJEE will achieve a cumulative profit after tax of not less than RM15 million over three financial years.

As such, the total profit attributable to Southern Score is approximately RM7.65 million over the three years.

The acquisition is expected to be completed by the third quarter of 2024, the group said.

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