- We think that the acquisitions will allow SCable to tap the Peninsular Malaysia market where existing lines would have to be upgraded to prevent transmission loss. Tenaga Nasional Bhd (TNB) is expected to spend RM1bil-RM2bil annually to upgrade the existing lines.
- We expect contributions from the 500kV backbone line (transmission package worth RM620mil) to flow through from 2Q onwards. Its current order book stands at RM756mil.
- Toh said that the acquisitions would make it the single largest integrated transmission cable player in Malaysia and one of region’s biggest producers of 500kV cables.
- SCable will also be the only producer of 275kV underground cables in ASEAN.
- Toh said the acquisitions will give SCable better economies of scale and help it penetrate the Indonesian market where demand for cables is still strong.
- UCMB has three factories in Nilai and one in Johor, while LCIB has one in Kedah. We expect SCable’s market share in Malaysia to grow to 50% with the acquisitions.
It sailed to 1.63 and come down. Certainly someone want to buy big at cheap price. Building up base to catapult higher pretty soon. Exciting time coming.
I trust what I know, I verfy what I know, I dare to profit or lose from what I know. Don't hope it will go up. believe it will go up. accumulate now. 5k by 5k at a time. when the chart break the resistance of 1.60 go all in. loss or gain is just game. loss eat roti, gain eat well jaga your health to enjoy life. do not forget to share some with the unfortunate.
time is not ripe yet, when the time come, it will explode like no tomorrow, we are not experts, we cann't earn fast money, but we have patience, slowly and surely one day, not far away,the most 2 year, we will walk smilingly to the bank. hahaha........ cheer
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 > 2014-06-25 12:35 | Report Abuse
siapa beli ini counter siapa mati