Posted by jenabchen123 > 2014-02-27 10:27 | Report Abuse

The qtr report already factored in based on Amresearch and the price came down to 1.48. This morning already back to 1.52 with this news and holding well. Waiting volume to come in further.

Posted by tewnama > 2014-02-27 10:41 | Report Abuse

simpan 6 bulan. jangan katak lompat lompat saham.

Posted by AzmiMerican > 2014-02-27 14:14 | Report Abuse

Thought the price will go up to 1.60 at least today.

Winning the RM 619M big project is not enough for the price to go up??

Must wait for the man to be officially appointed before market is convinved he still has all the powers he that he has?

In that case today is good buying opportunity as he surely will be appointed the yang dipertua tomorrow.

Posted by Kukuman > 2014-02-27 14:45 | Report Abuse

Market is very unpredictable. The more you thought it will go up because of so many good news, the more the price stay sideway. But once it moves, there is no mercy for those who did not buy them earlier. DSonic is a very good example back in aug 2013.

Posted by AzmiMerican > 2014-02-27 16:00 | Report Abuse

Isn't winning this big project the proof that scable still has it?

In fact this project win is a surprise, a nice surprise.

Posted by AzmiMerican > 2014-02-27 16:18 | Report Abuse

I am queuing at 1.49, so far only got 6000

Posted by AzmiMerican > 2014-02-27 16:31 | Report Abuse

I already have a lot of scable. I just can't help it but to add some more at this price.

Posted by midtermtrader > 2014-02-27 16:33 | Report Abuse

Pek Moh got problem at court, people challenge. That's why this counter look dead.

Posted by 5231428 > 2014-02-27 21:12 | Report Abuse

Q report only out on last day.

Posted by jenabchen123 > 2014-02-28 00:51 | Report Abuse

Weird counter. With so much awarded projects also difficult to move.

Posted by matrix6050 > 2014-02-28 00:54 | Report Abuse

Soon :)

Posted by Tommylim > 2014-02-28 00:55 | Report Abuse

Highly connected counter. I will monitor for any pullback. Thank you.

Posted by jenabchen123 > 2014-02-28 01:02 | Report Abuse

Pullback??

Posted by Tommylim > 2014-02-28 01:06 | Report Abuse

Yes, as Sarawak CM change leadership may see some pullback, but then again this is my personal view. Appreciate your view Jenab. Thank you.

Posted by jenabchen123 > 2014-02-28 01:27 | Report Abuse

I have feel all have been factored in so the price is stable. With the expectation The guy playing shadow game. It's related companies like Scable, CMS, etc are just on strong footing to be out maneuvered by others should SCORE continues. The projects of course in sensitive zones but we have to move on and progress. And recycled energy is a trend. So it would be mixed calls by foreign funds.

Posted by jenabchen123 > 2014-02-28 02:08 | Report Abuse

Now baca reporting by Borneo sources lah. From Borneo Post.

Supporting further power devt in Sarawak

SEB signs agreement for Package B, C of 500kV transmission backbone project worth RM619 million in total
KUCHING: Sarawak Energy Bhd (SEB) yesterday inked an agreement for the 500kiloVolt (kV) backbone transmission project (Package B&C) with a joint venture between Sinohydro Corporation (M) Sdn Bhd (Sinohydro) and Trenergy Infrastructure Sdn Bhd (Trenergy).

The whole project spanning from Similajau in Bintulu to Tondong in Kuching is expected to support the future development of power and the industries in the Sarawak Corridor of Renewable Energy (SCORE) region.

SEB chief executive officer Datuk Torstein Dale Sjotveit said the transmission backbone project will provide extra voltage and power to ensure industries in the SCORE region will be catered for.

“The 500kV transmission backbone project will support the future development of SEB’s generating system and provide a secured power supply to the fast expanding SCORE customers.

“In turn, more transmission capacity is required to strengthen the current electricity supply into Kuching and southwestern Sarawak.

“The second transmission backbone project will provide extra voltage ensuring much more power (in southwestern Sarawak),” he told reporters after signing the agreement with Sinohdyro and Trenergy yesterday.

SEB has signed the Package A project earlier in December 2013 with Toshiba Transmission & Distribution System Asia Sdn Bhd (TTDA) and China Xian Electric Engineering Co Ltd.

To recap, the project and contract for Package A & Package 2 for the 500kV transmission backbone was worth RM432 million and was awarded following a lengthy and stringent tender process based on international best practices.

In the meantime, SEB said Package B of the 500kV line will be from Mapai to Lachau and Package C from Lachau to Tondong with both contracts worth a total of RM619 million. The two packages are expected to be completed by the first quarter of 2016.

SEB added the Sinohydro-Trenergy joint venture was the lowest bidder for those packages and they have a team of technical expertise and professionals to work on the projects.To note, Trenergy is a wholly-owned subsidiary of main-market listed Sarawak Cable Bhd.

Meanwhile, Sarawak Cable in a press statement said the signing of the agreement marked a significant milestones for the company.

Sarawak Cable managing director Aaron Toh, who is also Trenergy managing director, said, “We are excited and proud to be able to contribute our experience and expertise in building one of Sarawak’s most ambitious infrastructure projects to date.

“With our proven track record and quality of delivery, we are confident that works will be completed within the time and cost,” he said.

Meanwhile, Sarawak Cable said it remains fully committed to produce conductors of up to 500kV.

Furthermore, Sarawak Cable said it has established its own in-house professional project management team and experienced workforce in countering the challenges ahead, and is dedicated to continuous training of its staff to the highest level.

The company said it is looking forward to more opportunities of cooperation and partnership with Sarawak Energy for the future projects which ultimately benefit the people of Sarawak.

Among those present to sign the agreement were Torstein, Trenergy’s chairman Datuk Seri Mahmud Abu Bekir Taib, Toh, Sinohydro assistant managing director Gu Hong Liang, Sinohydro director He Ting Fu and SEB chief of corporate service Aisah Eden.

Posted by Tommylim > 2014-02-28 02:11 | Report Abuse

Thank you for your feedbacks Jenab. Appreciate you views if you have new updates in future.

Posted by tjhldg > 2014-02-28 02:38 | Report Abuse

uum

Posted by upsidedown119 > 2014-02-28 08:21 | Report Abuse

But will the market react and up SCABLE's share price? We shall see. If not, it will have to wait for the Balingian contract.

Posted by jenabchen123 > 2014-02-28 20:45 | Report Abuse

Slight -ve result for Q4 2013 ...

Lower dividend declared of 1.5 sen against last year.

The Board of Directors of Sarawak Cable Berhad ("SCB") wishes to announce that the Board has on 28 February 2014 recommended a first and final single-tier dividend of 1.5 sen per ordinary share of RM0.50 each, in respect of the financial year ended 31 December 2013, subject to approval by the shareholders at the forthcoming annual general meeting of SCB to be held at a later date.

The dates of entitlement and payment for the above first and final single-tier dividend will be fixed and announced at a later date.

This announcement is dated 28 February 2014.

Posted by AzmiMerican > 2014-03-02 08:38 | Report Abuse

As expected, Taib is now officially appointed. Status quo for business in Sarawak.

On the other hand, I have checked, the RM 619m 500kV project is in fact an old project awarded in November 13. Are they signing the contract just now? If that is in fact the case then Q4 has not included any profit from this project at all. Should have better results for 2014.

Posted by AzmiMerican > 2014-03-04 12:41 | Report Abuse

I noticed CMSB has moved up, SCABLE will move up too soon.

Posted by Abudance > 2014-03-05 01:23 | Report Abuse

High time scable move up!

Posted by AzmiMerican > 2014-03-05 13:50 | Report Abuse

CMSB dah naik dua tiga hari dah, kenapa SCABLE tak naik?

Posted by AzmiMerican > 2014-03-06 16:53 | Report Abuse

Aha SCABLE you look more like a CMS's counter now. Fly tommorrow

Posted by newboy > 2014-03-06 18:12 | Report Abuse

move to 1.60 tomorrow pls...

Posted by calvin > 2014-03-07 10:22 | Report Abuse

（吉隆坡24日訊）砂拉越電纜（SCABLE，5170，主板工業產品組）未來可能持續為工程認列折舊，加上短期工程頒佈速度減緩，促使分析員下砍2014和2015財政年淨利目標。

砂拉越電纜連續2個季度認列240萬令吉折舊，大馬研究相信有關折舊與TRENERGY基建收購計劃完成，需對工程合約營業額進行相關折舊，預見第四季可能進一步認列無形資產折舊，因此下砍其2013財政年盈利預測。

Posted by Gr Gong Ryong > 2014-03-07 10:56 | Report Abuse

who is this calvin ? spreadign fear ah !?

Posted by midtermtrader > 2014-03-08 10:49 | Report Abuse

I am waiting at RM1.70 to sell all SCABLE.

Posted by jenabchen123 > 2014-03-08 23:47 | Report Abuse

I am waiting between 1.70 and 2.03 :)

Posted by JaniceLove > 2014-03-10 12:53 | Report Abuse

Long wait...

Posted by zoomboom > 2014-03-10 17:08 | Report Abuse

patience is of virtue... value investing ma... steady bros...

Posted by upsidedown119 > 2014-03-10 20:20 | Report Abuse

Patience.

Posted by midtermtrader > 2014-03-13 10:25 | Report Abuse

Too much already....

Posted by tewnama > 2014-03-13 10:26 | Report Abuse

terlalu banyak sabar?

Posted by matrix6050 > 2014-03-13 10:30 | Report Abuse

tewnama: what's your thought on scable?

Posted by tewnama > 2014-03-13 10:33 | Report Abuse

I ada rasa kuat ini lah masa yg terbaik beli dan simpan. ini lebih selamat drp kejar saham saham yg sudah pecut atau sedang pecut.

Posted by Christopher Tan > 2014-03-13 10:51 | Report Abuse

Time to pick up some bargains... I already told my own Investment Group members to do so too !

Posted by matrix6050 > 2014-03-13 13:24 | Report Abuse

Join in~!

Posted by jenabchen123 > 2014-03-14 10:56 | Report Abuse

hoi!!! Bangun lah. With all cutting edges compared to other companies pun cannot lari kah!!!

Posted by jenabchen123 > 2014-03-15 21:01 | Report Abuse

AMMB reported:

Last week, it was reported that Sarawak Energy has called for pre-qualification bids to build five dams in Sarawak. These are: (i) Baleh (1,200MW); (ii) Pelagus (410MW); (iii) Baram (1,200MW); (iv) Limbang 1 & 2 (200MW); and (v) Lawas (100MW).

Out of the five, Baram and Baleh are expected to be built first with a total cost of RM7bil-RM8bil. Nevertheless, we only expect any transmission package to link Baram and Baleh to come earliest in 2016.

Just to talk about potential bright future of SCable. Go SCORE! Go SCable!

Posted by zoomboom > 2014-03-20 18:57 | Report Abuse

Steady..... Sabar... Sabar....

Posted by Abudance > 2014-03-21 10:50 | Report Abuse

When is project suppose to announce? So sad .. Drop from rm2.20 to rm1.46!

Posted by jenabchen123 > 2014-03-22 14:32 | Report Abuse

Apa pun, let get Ruling party wins the Balingian first as not to upset the mega plan for Sarawak. A loud and clear sound will thrust SCORE and SCable too!

Posted by jenabchen123 > 2014-03-22 14:36 | Report Abuse

We luv you Balingians! Do not make a wrong choice. We pray for Sarawakians to prosper.

Posted by zoomboom > 2014-03-24 23:48 | Report Abuse

Jenab, I support you ! SCABLE huat times are coming very soon... Hang in there !

Posted by zoomboom > 2014-03-31 10:56 | Report Abuse

CMSB buy over Sacofa, gomen 1000 telco towers award, telco towers need power, SCable gets the cabling job. wonder if that makes sense?

Posted by Kukuman > 2014-03-31 10:57 | Report Abuse

You have a strong point here

Posted by zoomboom > 2014-03-31 11:48 | Report Abuse

in addition, the Balingian win basically sealed the authority of pek moh over the long term... its a good time to accumulate for those belum stock up...

Posted by matrix6050 > 2014-03-31 13:45 | Report Abuse

Start to accumulate this stock, buying below 1.5 should be quite safe and wait for the grow :)