panic selling is good , provide us opportunity to buy more :-) this counter is worthwhile to hold mid - long term. In the between, sure have correction then prepare your cash to buy more
hehehe, no worries la, a few bumps won't kill you... it's health to have some correction and pull back :) crawler and anbz are both right in their own respect.
Bonus issue mean it will give you additional share based on a ratio, like 1:5(1 extra shared on every 5 share). With more shares in the market, it will dilute the price, but it won't impact the current holders since you already own extra shares.
Crawler and anzb thanks for sharing. Lets sama sama cari makan, and to all buyers digest the comments and buy at your own risk. Crawler, since u start collecting from 1.50 and tp from ammb is 2.50, I hope it is not too late to enter some tomorrow. Wish us good luck dude!
ruslimz..just click on x...and your 1st statement may come through...just so many stocks are so attractive...and interest spread widely...not that easy to make money these days
Note that Sarawak Energy Bhd (SEB) has committed the entire output from Bakun – 1,777 MegaWatts (MW) – and Murum (635MW) to SCORE. There are currently no shortage of jobs for Sarawak Cable as in June alone, it had won a RM32.9 million job to build the 132kV line between Tudan and Miri airport. There are other potential jobs for Sarawak Cable, including the Tanjung Manis-Bintulu and Mambong-Kalimantan lines worth RM350 million. In addition, the company may also benefit from the state’s Rural Electrification Scheme (RES). It was recently reported that the RM3.5 billion Murum dam would soon commence operations and two new dams – 1,200MW Baram dam and 1,300MW Balleh dam – are being considered to be built in the state. “If these come through, we expect Sarawak Cable to secure more transmission jobs,” the research arm added. As at end-May, Sarawak Cable has an order book of RM687 million, with an outstanding amount of RM202 million. “We have a conservative order book assumption of RM1 billion for the financial year 2013 forecast (FY13F), including the 500kV line to be progressively-recognised in FY13F-15F,” the research house highlighted.
Sarawak Cable Bhd ('Scable') is a profitable Sarawak-based company involved in manufacturing of power cables & wires, hybrid power converters, steelworks, builder of mini hydro power plants & general construction.
Its net profit had dropped sharply in FYE31/12/2012 from RM15.6 million to RM6.4 million while revenue had also declined from RM368 million to RM269 million. For 1Q2013, net profit continued to decline from RM1.9 million previous year to RM1.3 million while revenue slipped RM66 million to RM59 million.
Scable's share prices had benefited from the post-GE13 rally which saw the stock rose from RM1.15 in April to an intra-day high of RM2.05. The sharp rally means that the stock has broken above the horizontal line at RM1.95 (its previous high) as well as reclaim its previous uptrend line (SS). Based on these, the stock is expected to continue its prior uptrend.
As such, a trading BUY call on this stock is quite appropriate. However, we must bear in mind that its valuation is very high with PE at 76 times.
ladies and gentlement......good afternoon...this is your captain speaking...now we are cruising at altitude of 2.12/2.13 arrival at sun expected about in two weeks time.....but if they announce BI and 500KV earlier , sooner we reach or destination...please enjoy your in flight service...if you need our assistant.....dont hesitate to call i3investor forum.......bye......
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....
cherry tomato
1,880 posts
Posted by cherry tomato > 2013-08-13 11:45 | Report Abuse
anbz encourage people to earn few round profit. crawler strategic is to earn mid term profit 1 round.