Any working relationship with Serendib has ceased. Serendib is no longer involved in any resuscitation plan or proposal concering the Company.
The Company has identified a strong alternative party to carry out a resuscitation plan and is in the process of engaging the services of professionals towards proposing and implementing that plan.
High risk high reward. Scable is in demand. Previous whiteknight is not really cash cow. Scable is opting for more prominent whiteknight. Once announce, price can rocket back to 35-40sen. Sarawak state goverment will have big say in this i think.
Hilarious.. Have u seen listed Co have only 2 directors n 3 disagreeable" working relationship" deadwood directors moreover Snr Managements already jumped ship....
SCB vital statistics from last qtr financial result :- May 2024 (May 2023) Cash Balance : 1.3m (37.4m) Equity : -373m (-64m) Net Liabilities per share : 94c (16c) White Knight needed urgently......
Name Last High Low Chg. Chg. % Time US 30 42,175.3 42,180.2 42,092.1 -32.9 -0.08% 04:03:45 US 500 5,726.4 5,736.9 5,717.1 -6.5 -0.11% 04:03:48 US Tech 100 19,886.3 19,967.9 19,844.4 -60.6 -0.30% 04:01:33
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Tripaka
2,946 posts
Posted by Tripaka > 2024-05-09 17:26 | Report Abuse
Malaysian stocks, the only place that go against logic.