D fellow tat really counts for SCABLE ... is CMS la... n he going to make sure SCABLE get d projects b4 he says bye bye... so no worry... d flight to 2.33 is on... buckle up!
October 2013 news to be shared that gave good summary of Scable 2013 activities.
Sarawak Cable Bhd’s (Sarawak Cable) prospects remains bright, supported by several projects in the pipeline that it could win to enhance its earnings.
AmResearch Sdn Bhd (AmResearch) in a report said the potential jobs that Sarawak Cable could secure in the near term include the Tanjung Manis-Bintulu and Manbong-Kalimantan electric transmission lines worth a total of RM400 million.
The research firm said Sarawak Cable has won a significant amount of the 500 kilovolt (kV) job, with packages worth a total of RM1.2 billion.
It added together with the 132kV Tudan-Miri airport job Sarawak Cable secured in June, Sarawak Cable has won a total of RM650 million new transmission jobs this year.
This was on the back of its wholly-owned subsidiary, Trenergy Infrastructure Sdn Bhd receiving a letter of award for two packages of the 500kV transmission line project in Sarawak worth a total of RM619 million in a filing with Bursa Malaysia on Tuesday.
Sarawak Cable added that the award of the latest job followed the letter of intent that was given out earlier on August 30, 2013 for the two packages.
The company noted that the packages consisted of transmission works for the Mapai-Lachau and Lachau-Tondong lines worth RM353 million and RM266 million respectively.
In addition, Sarawak Cable said the work for both projects is expected to start on November 15, 2013 with a completion period of 23 months and 26 months for the Mapai-Lachau and Lachau-Tondong lines respectively.
The power cable company expects both projects to contribute significantly to its earnings in financial year 2014 and financial 2015.
On the other hand, AmResearch observed that Sarawak Cable’s share price is trading at an attractive forward price-to-earnings ratio of six times to 11 times for financial year 2014 and financial year 2015 which is below industry average.
Therefore, the research firm is upbeat about the future earnings of the company and valued the share price of the company with a fair value of RM2.33 per share.
Hope 2014 soon will be prosperous year to Scable investors with revenues from above project starts to flow into the coffin.
Balingan coal-fired plant (600MW) to be awarded anytime now ........ Sarawak Cable will be the main contender to link the new plants to the power grid.....
In d meantime........ d 20 days.... very short-term.... project GUCCI... is now on...... TP 1.90....
Expected...... rather.... confirmed profit is abt RM 15,000......... ie RM 50000 x 0.30 (1.90 - 1.57)
Abt RM 15,000 for a new GUCCI bag..... for flaunting by d wife during CNY....
MD/CEO Toh Chee Ching is under tremendous pressure to deliver.... he must deliver...
B cool..... WB.. or who was tat again... who said... buy a share... only if u can stil crack a joke or two... n sleep tight... while waiting for it to go up...
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....
JCool
961 posts
Posted by JCool > 2013-12-11 08:49 | Report Abuse
O.... It is a train ah..... I always tot it is a jet plane.... I can do jet better thn a train... indeed someone has called me Jet Cool o...
Well never mind think bullet train is very fast too.... Ppl ppl buckle up... Scable wil speed ahead to 2.33 now...