SARAWAK CABLE BERHAD

KLSE (MYR): SCABLE (5170)

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Last Price

0.09

Today's Change

0.00 (0.00%)

Day's Change

0.085 - 0.10

Trading Volume

4,711,700


6 people like this.

4,803 comment(s). Last comment by Luqman2628 5 days ago

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-11-11 11:47 | Report Abuse

Wah! From Kltrader of HL Bank. TP 2.57. Suddenly many analysts like to cover Scable...

Forecasts
While losses were incurred in FY14, we expect FY15 to swiftly turn to its highest earnings recorded (yet) at RM44m. 1H15 earnings clocked in at RM24m, up 10-folds YoY.
Earnings for FY16-17 should continue to scale new highs at RM55m (+25%) and RM65m (+19%).

Rating
Initiate with BUY, RM2.57 TP (+51% upside)
SCable has strong growth potential driven by acquisitions, superior orderbook cover and a new earnings stream from its hydro plant. The impending Sarawak elections could be an added kicker as investors scavenge for such plays.
Broadly similar to Cahya Mata Sarawak (CMS), SCable offers investors a ticket to the Sarawak growth theme but at a much cheaper rate. SCable’s P/E is multiple is at a 49- 52% discount to that of CMS.

K.H

295 posts

Posted by K.H > 2015-11-11 17:22 | Report Abuse

Sarawak Cable, a ‘buy’ share, on company’s acquisitions and superior orderbook http://www.theborneopost.com/2015/11/11/sarawak-cable-a-buy-share-on-companys-acquisitions-and-superior-orderbook/

jfm3737

332 posts

Posted by jfm3737 > 2015-11-11 17:28 | Report Abuse

buy more

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-11-12 03:51 | Report Abuse

Today volume increased to 3.8m. Volume sustained in recent days keeping the upward trend intact.

Abudance

2,211 posts

Posted by Abudance > 2015-11-12 05:19 | Report Abuse

Surely can hit rm2 as HLEong write Tp is rm2.57!

mimi898

262 posts

Posted by mimi898 > 2015-11-12 10:01 | Report Abuse

uncle z where are u? long time not hear from U!

kt_invest

356 posts

Posted by kt_invest > 2015-11-12 13:31 | Report Abuse

Happy!!!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-11-12 13:46 | Report Abuse

I like your confidence, Abudance. Most likely today again another day with volume > 2.5m. It touched 1.75 in the morning session.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-11-13 16:08 | Report Abuse

The price is holding well. If Bekir is really selling and price is rising, no need to feed the buyers cheap. Despite overall market sentiment, Scable is holding well at yesterday's price, potentially to close higher even. Let us monitor.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-11-13 18:17 | Report Abuse

1.72, higher than yesterday despite poor overall market. Bravo!

Abudance

2,211 posts

Posted by Abudance > 2015-11-15 16:43 | Report Abuse

Jenabchen, I've been watching scable long time and have seen their acquisition which is long term. Stagnated after bonus issue but keeps acquiring relevant companies to be "the only one" to supply electricity to Indonesia, etc. This is not affected by Malaysian politics. Also.. Next year is elections for Sarawak .. I won't be surprised they be given RAPID contract in peninsular Malaysia ... So RM2 is really reasonable. If hit Hong Leong target is also great lah. I'm a pragmatic person. Lol. Now quite near to hit 1.80. Then 1.90. Hope Dec maybe five dividend?

stainlyho37

2,275 posts

Posted by stainlyho37 > 2015-11-15 16:46 | Report Abuse

pls monitor SCIB.....suprise come soon..

WXGWXW

172 posts

Posted by WXGWXW > 2015-11-15 16:52 | Report Abuse

stainlyho37. Has the Sarawak highway project contractors already ordered SCIB precast stuff?

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-11-17 21:16 | Report Abuse

Go Scable go! You can do it! You can do it!

DreamKaiser

1,314 posts

Posted by DreamKaiser > 2015-11-17 21:19 | Report Abuse

TP?

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-11-18 12:24 | Report Abuse

Yahoo!! 1.77 now and going strong.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-11-18 12:26 | Report Abuse

Volume climbing again. Morning done 1.5m already. People accumulating.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-11-18 12:27 | Report Abuse

As Abudance said, 1.80 is closer and its smashers all the previous gates.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-11-18 12:28 | Report Abuse

2.00 now looks like sap sap sui number....

K.H

295 posts

Posted by K.H > 2015-11-18 12:52 | Report Abuse

Share price move around RM1.40, after bonus issues and right issues at 2013 year . SCable has strong growth potential driven by acquisitions, superior orderbook cover and a new earnings stream from its hydro plant.

Abudance

2,211 posts

Posted by Abudance > 2015-11-18 16:24 | Report Abuse

Two sen more to RM1.80! Go Scable, GO!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-11-18 17:38 | Report Abuse

2.4m volume today. Good volume transacted. Seems people chasing the share. Something goodies......

Abudance

2,211 posts

Posted by Abudance > 2015-11-19 05:14 | Report Abuse

Don't simple follow people's instructions without learning yourself. Losses you bear. Remember that. So many people can recommend .. But not many traders can cut losses .. Now isn't the time to play margins. So many events happening. Buy fundamental stocks that even if downturn comes for whatever reason .. U can keep it as paper loss till it turn around. Look for dividend stocks safer. My two sen worth. Take care all

D7zul

155 posts

Posted by D7zul > 2015-11-19 09:40 | Report Abuse

Abudance, u're correct..

learn from some1 who knows the market ;)

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-11-19 10:51 | Report Abuse

Touched 1.79. 1 sen more to reach Abudance's figure.

Abudance

2,211 posts

Posted by Abudance > 2015-11-19 17:30 | Report Abuse

Need to break the 1.80 before can go. Come on Scable, you can do It! Otherwise will be trading between 1.70-1.79 range like it did when at 1.50-1.60 merry go round then. Let's see it break 1.80 and then do the 1.80-1.90 merry go round starting tomorrow ....

Abudance

2,211 posts

Posted by Abudance > 2015-11-21 05:06 | Report Abuse

Going to be range bound again from rm1.70 - 1.79. Scable gave 2x dividend this year. Last year only once. Can keep as from this year is income generation. Those follow advice to buy rm1.77 got paper loss already. Next year also mid year elections .. Can keep. Those that make money also is never wrong to take partial profit and buy on weakness.

papaya

3,086 posts

Posted by papaya > 2015-11-23 16:34 | Report Abuse

suddenly active.......qr coming out today???

Abudance

2,211 posts

Posted by Abudance > 2015-11-23 19:55 | Report Abuse

Papaya.. Scable trend. Nothing sudden. People take profit and then it starts 10 sen range bound. I'm looking to it breaking rm1.80 this week! So it can go to next level at rm1.90.

kt_invest

356 posts

Posted by kt_invest > 2015-11-24 08:33 | Report Abuse

Yeah...good closing price from yesterday. ☺☺

K.H

295 posts

Posted by K.H > 2015-11-24 13:51 | Report Abuse

Mini hydro comes on-stream in March
http://klse.i3investor.com/blogs/amresearch/86754.jsp

kt_invest

356 posts

Posted by kt_invest > 2015-11-24 22:28 | Report Abuse

The company last reported its dividend as 'interim dividend' and not FINAL dividend. Tht means there will be another round of dividend as Final Dividend coming for this fiscal year?

cherry tomato

1,880 posts

Posted by cherry tomato > 2015-11-25 21:08 | Report Abuse

next year April only will declared final dividend

Abudance

2,211 posts

Posted by Abudance > 2015-11-26 13:16 | Report Abuse

Where did u come buy the news cherry tomato? Trade additionally been giving dividend in July. This year gave 2x July and August.

cherry tomato

1,880 posts

Posted by cherry tomato > 2015-11-26 21:44 | Report Abuse

u check their trend.

Posted by Mohd Fahmi Bin Jaes > 2015-11-27 09:36 | Report Abuse

sharp drop

fmrgmm

11 posts

Posted by fmrgmm > 2015-11-27 09:47 | Report Abuse

1.61 very attractive price

mimi898

262 posts

Posted by mimi898 > 2015-11-27 11:44 | Report Abuse

suddenly pull back something behind! any one know? report good also canot up!!!

Posted by Wee Sookfung > 2015-11-27 12:31 | Report Abuse

Drop another -0.08 again.

Posted by Mohd Fahmi Bin Jaes > 2015-11-27 12:35 | Report Abuse

What happend net profit up price down

WXGWXW

172 posts

Posted by WXGWXW > 2015-11-27 12:44 | Report Abuse

Accumulation opportunity

K.H

295 posts

Posted by K.H > 2015-11-30 12:42 | Report Abuse

Slower 3Q within expectations BUY
http://klse.i3investor.com/blogs/amresearch/87253.jsp

Posted by Wee Sookfung > 2015-12-02 17:08 | Report Abuse

Drop again

Abudance

2,211 posts

Posted by Abudance > 2015-12-03 03:01 | Report Abuse

Support level is rm1.50.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-12-03 16:30 | Report Abuse

Yup. Looks like it will range 1.50+ but could be higher with window dressing to bring it back close to 1.70+.

mimi898

262 posts

Posted by mimi898 > 2015-12-07 09:52 | Report Abuse

buy sarawak counter due to the coming election

TC Link

48 posts

Posted by TC Link > 2015-12-07 12:26 | Report Abuse

There some good news coming along together with a great Q4 results. Hang in there for some great returns on your investment!

timbermad

118 posts

Posted by timbermad > 2015-12-07 18:35 | Report Abuse

DATIN SRI TING PHIK CHAI disposed her share.. will it effect the stock?

jenabchen123

1,219 posts

Posted by jenabchen123 > 2015-12-08 02:47 | Report Abuse

Wow! 12 sen increase in slumber market.... Will this another push to reach 2.00?

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