Misunderstood monopoly business..once selloff the helicopter business and clean up the book..I think will have potential..not just monopoly in Sarawak..with their M&A could be monopoly in Penisular also.
hi guys, good news for you. Scable has asked to bulid 5000 telecommunication tower from Sarawak government.
As sarawak chief minister had said The transformation of Sarawak’s economy hinges on a high-speed telecommunication highway as much as the 2,800km Pan Borneo Highway, said Deputy Chief Minister Abang Johari Openg. He said Internet speed in rural areas should be at the very least 150Mbps (megabits per second) from the current 5Mpbs.
Besides, Scable has high potential to win the pan borneo project to allocate the telecommunication cable all the way from Kuching to Miri.
The new Guardrails and low and high tension steel towers will be needed in new pan borneo highways.
This is why scable is Mergers & acquisitions Sarwaja Timur Sdn Bhd (Sarwaja Timur), a steel fabrication and hot dip galvanising company. Because scable has seem the huge opportunity in sarawak at nearly future.
scable is starting moving upward. As we can see the rebuild and reallocate transmission line and steel tower is in the process all the way from kuching to miri.
Furthermore, copper price and aluminium price started to drop from the beginning of 2017. It's time to accumulate scable. As the material cost dropping will benefit the financial reports of scable in near future.
Take a look on this stocks, they might be the beneficiary of Pan Borneo Highway. My personal view: when building highways, it need power cables point to connect from a place to another place. Like Plus highways, you will see power cable point somewhere beside the highway. This is only my view ...
The biggest problems with this counter is its profit margin not ability to get contract. Last year reveneu is well above 1billion ringgit, but profit margin is below 2%. Scable would only go up if profit margin improve in the recent quarter. The answer will be given soon in the latest quarterly report by the end of May.
I am into Scable because of their monopoly status in cable mfg. Surely they will highly benefit from so much mega projects being announced recently, especially for works in Sarawak including the pan borneo hiway.
As at the end of April, Sarawak Cable’s order book for power and telecommunications cables had already exceeded the RM500mil mark, according to group managing director and chief executive officer Aaron Toh Chee Ching.
On power transmission line projects, Toh said Sarawak Cable had tendered for new contracts from Sarawak Energy Bhd (SEB) worth between RM300mil and RM400mil.SEB, which is Sarawak Cable’s second-largest shareholder, is expected to award the proposed contracts in the second half of the year.
Meanwhile, Sarawak Cable has been shortlisted to participate in tendering for the Pan Borneo Highway project‘s power relocation works, and supplying power cables for the highway work packages. “We have bid for the power relocation works for the entire stretch of two work packages. “The outcome of the bids is expected in the next two months,” Toh said.
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....
abangadik
2,305 posts
Posted by abangadik > 2017-04-05 12:47 | Report Abuse
Misunderstood monopoly business..once selloff the helicopter business and clean up the book..I think will have potential..not just monopoly in Sarawak..with their M&A could be monopoly in Penisular also.