Whether Pek Moh really relinquish power even as titular head depends on whether he relinquish control of the ruling party PPB. If he remains as head of PPB, it means he is still in power and the new CM will be under his control. If so, we should accumulate and wait for the Baligals to ngajat up the price!
If Pek Moh remains head of PPB, effectively he can replace the new CM at will. Besides, old habits die hard (e.g. Tun Dr Mahathir). So he will exercise veto power effectively at will. Let's see if he give up as head of PPB.
By virtue of its position as the only integrated power cable and transmission player in Sarawak, Sarawak Cable plays a crucial role in powering up the Sarawak Corridor of Renewable Energy and the entire state.
The main shareholder of the firm is Taib’s son, Datuk Seri Mahmud Abu Bekir Taib, who holds a 20.69% stake in the company.State-owned Sarawak Energy Bhd (SEB) is also one of its major shareholders.
In a November 2013 note, AmResearch analysts who visited the company said Sarawak Cable was expected to secure more transmission jobs in the state.I t listed as its potential jobs in the mid-term, the Tanjung Manis-Bintulu and Mambong-Kalimantan lines worth RM400mil.It was also learnt that new dams for Baram (1,200MW) and Balleh (1,300MW) are currently at the final feasibility stages while the Balingan coal-fired plant (600MW) project is expected to be awarded by year-end and Sarawak Cable will be the main contender for such jobs.
More recently, Sarawak Cable obtained a RM32.87mil contract by SEB to build the proposed 132kV Tudan-Miri Airport transmission line.
Ya..... after all d man gets to do it wit his favorite position......
position of strength....
While... nowadays... his energy is drained fast.... on d other hand his power wil not b drained jz yet.... shd stil b good til GE 14.... as he has insisted thr wil b no snap election....
Tan Sri Abdul Taib Mahmud is set to end his 33-year stewardship of Sarawak and name his replacement when he has an audience with the governor and tenders his resignation.
in any case..... ONLY integrated power cable and transmission player in Sarawak.... is assuring...
By virtue of its position as the only integrated power cable and transmission player in Sarawak, Sarawak Cable plays a crucial role in powering up the Sarawak Corridor of Renewable Energy and the entire state.
CMS’ share price declined 11.1% on rumours of the Sarawak CM stepping down. While this could happen by end-February, he could be appointed the State’s new Governor. Thus, CMS’ selldown may have been overdone as its businesses are expected to go on as usual. The new CM is also likely to carry on with SCORE developments ......
If the above assessment betul, this surely will give +ve implication to companies like Scable too. Go Scable!
siapa ambil alih CM sudah beres. surat khabar aje yang suka speculate. semua sudah settle di belakang takbir. lu ingat Taib akan begitu saja lepas tangan tanpa condition condition yg memihak nya?
Latest.... The main shareholder of the firm is Taib’s son, Datuk Seri Mahmud Abu Bekir Taib, who holds a 20.69% stake in the company..... may himself b d candidate for d balingian... almost baligals... state seat vacated by his old man ... n may well b d nxt cms...
I suspect that there will be a shock dissolution of the state assembly when Pek Moh sees the Governor and snap state slections. Taib will ascend the governorship before the election so that whoever takes over as CM will just be a caretaker CM. His son Bekir will stand in Balingian. After the elections, his son will be sworn in as CM by Pek Moh as govenor. Let's see if I am correct.
Today closed 1.50 again but good thing buying volume queuing keep building up. This could be base for Scable to catapult higher. Or could that be people with inside news keep accumulating??
RM2.33 tak pakai lagi. Baligals terelok. TP baru adalah RM2.50. AMMB tak tahu menghargai kecantikan gadis2 Balingian yang seronok. Penganalisis AMMB sudah nyanyuk bah!
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....
jenabchen123
1,219 posts
Posted by jenabchen123 > 2014-02-06 02:54 | Report Abuse
Aluminum price down, copper price down. Will profit margin for SCable up??