Posted by eddieleong84 > 2014-06-22 21:49 | Report Abuse

1.6 billion net debt is it a concern?

Posted by warrenbuffett0830 > 2014-06-25 23:18 | Report Abuse

Buy SBC corp for its deep valuation. It has more than 18 times Market to GDP ratio ( highest Mkt-GDV ratio in Bursa) and the PE ratio is less than 8. SBC has been providing very high dividend yield and the property market in Sabah is set to grow, the second fastest growing property market behind Selangor and ahead of Penang. SBC's net tangible asset/share is at RM3.46, far ahead of it's market price. Net profit has been growing constantly over the years, and valuation will be unlocked with it's latest project in Kota Kinabalu, The Jesselton Quay.
RHB TP: RM2.98. CIMB TP: RM3.96.

Posted by Jack Ong > 2014-06-26 13:06 | Report Abuse

almost one month already .. bonus bonus faster announced ... kikiki

Posted by wei_meng81 > 2014-06-27 10:52 | Report Abuse

How's the progress of Jesselton Quay project?

Posted by nickctk1 > 2014-06-27 16:39 | Report Abuse

Jesselton Quay's project will kickstart soon. The construction site has been gated with Jesselton Quay banner around. Launching for sale within two months.

Posted by steelheart > 2014-06-30 16:04 | Report Abuse

Sbccorp boleh!!!!

Posted by Stevecheahsw > 2014-06-30 17:55 | Report Abuse

Steelheart, u in this boat??

Posted by steelheart > 2014-06-30 18:36 | Report Abuse

Stevecheahsw, the high net asset valuation attracted me here...hehe...but things are a bit quiet lately...

Posted by Stevecheahsw > 2014-07-01 00:14 | Report Abuse

Steelheart, I in this ship around 2.40, how about you?

Posted by Johnny Mah > 2014-07-01 15:29 | Report Abuse

stuck at 2.35

Posted by excelyou > 2014-07-02 00:54 | Report Abuse

nickctk1: how you know the construction site has been gated with Jesselton Quay banner around.?

Posted by excelyou > 2014-07-02 00:55 | Report Abuse

Investors accumulating the shares at RM2.15 to RM2.20.

Posted by excelyou > 2014-07-02 00:59 | Report Abuse

I dont know the rumor is true or not, that after bonus issue, price should be above RM1.20.

Posted by steelheart > 2014-07-02 15:45 | Report Abuse

Should go up soon.

Posted by speakup > 2014-07-02 15:50 | Report Abuse

good time to collect

Posted by tenys1227 > 2014-07-02 17:21 | Report Abuse

Bonus issue? estimated when it is ?

Posted by KiaSu > 2014-07-02 22:57 | Report Abuse

RM2.18 x 2 = Rm4.36 then /3 =RM1.46.then + + + + + +

Posted by hello123 > 2014-07-02 23:02 | Report Abuse

JQ project is expected to launch soon!

Posted by tenys1227 > 2014-07-03 11:49 | Report Abuse

at this price still can collect or not ? seem like bank negara going to increase the interest soon as well....

Posted by speakup > 2014-07-03 12:10 | Report Abuse

BNM only going to increase 0.25%. no effect! not like they increase 1% or 2%.

Posted by Johnson Tan > 2014-07-03 14:50 | Report Abuse

Kenanga today put down the TP for SBCCorp as 3.24 and "Trading Buy". What is the difference between "Buy" and "Trading Buy"

Posted by speakup > 2014-07-03 15:02 | Report Abuse

who cares, it's still a buy.

Posted by steelheart > 2014-07-03 15:05 | Report Abuse

trading buy means they believe it will rise up very soon...thats why they ask u to fast fast trade to buy...
if just buy, then the time frame is longer and not set, could be weeks, months etc...

Posted by steelheart > 2014-07-03 21:07 | Report Abuse

TP SBCCORP 3.24 TRADING BUY FROM KENANGA

great! looking forward for SBCCORP to go on bull run later. Great time to collect! Net Asset 3.46! Amazing company!

Posted by Johnson Tan > 2014-07-04 09:58 | Report Abuse

Back in end-May, SBCCorp propose dividend of 4.75 sen - anybody knows what happen? Only propose? Yet to be approved? When will the shareholder get the dividend?

Posted by Johnny Mah > 2014-07-04 10:24 | Report Abuse

should i collect more? i have a lost 9%

Posted by arv18 > 2014-07-04 10:27 | Report Abuse

only 9% maaaa.... after hitting new high, possible to retrace 33%, before moving up.

Posted by steelheart > 2014-07-04 11:45 | Report Abuse

Exciting times ahead. Prices seem stable at 2.15 now. Anyway long term this company's potential really makes me super excited. Very huge upside to current prices.

Posted by Johnny Mah > 2014-07-04 13:23 | Report Abuse

should buy more at this period?

Posted by Spanish > 2014-07-05 16:04 | Report Abuse

wow...just look at the target prices!!! hehe...50% to 80% upside potential!!! how many other stocks in Bursa which u can see these kind of fantastic TP with such big upside? hehehe....buy buy buy!!!!

Posted by spanish > 2014-07-06 19:31 | Report Abuse

wooohoooo!!!!!!!!!!!!! i love you sbccorp!!!!!

Posted by SANG-JERO > 2014-07-07 08:18 | Report Abuse

Anything is possible with this counter...either up or down....at the moment looks bearish......

Posted by steelheart > 2014-07-07 17:45 | Report Abuse

sbccorp boleh!

Posted by ykgykg > 2014-07-07 17:49 | Report Abuse

ACCUMULATE WHEN IN DIP .

Posted by huat_tat_88 > 2014-07-08 11:35 | Report Abuse

You all very funny la... so many positive comments... sure must be stuck at buy in 2.30 to 2.45 price... people now busy bet world cup, no time to see stock... anyways, it appears price is showing signs that players are spooked or out of bullet

You will need a positive company announcement or a few then it will start momentum again... my 2 cts

Posted by funitec > 2014-07-08 12:47 | Report Abuse

sleepy lah, wait....wait..wait for the Giant to wake, he may b kind or _EAT US ALL. Check out the managements policies, n activity of company.

Posted by riskabsorber > 2014-07-08 16:09 | Report Abuse

JESSELTON WATERFRONT cannot kick start to launch.

Posted by calvintaneng > 2014-07-10 10:39 |

Post removed.Why?

Posted by michaelwong > 2014-07-10 11:38 | Report Abuse

Thanks for ur solid sharing Calvin, but still most of the property stocks are dull n lacklustres.
lnterest rate hike is on the way n it may further dampen property stocks.

Posted by Spanish > 2014-07-10 12:18 | Report Abuse

Calvin everyday show off. Isk isk isk.

Posted by hello123 > 2014-07-10 22:35 | Report Abuse

bonus issue has been submitted for approval.

Posted by sg999 > 2014-07-11 00:06 | Report Abuse

Still waiting supercharge kick in...

Posted by lkoky > 2014-07-11 08:50 | Report Abuse

What was the latest annoucement mean?
=============

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES

We refer to the announcement dated 27 May 2014 in relation to the above. On behalf of the Board of Directors of SBC, RHB Investment Bank Berhad wishes to announce that an application for an extension of time of up to 25 September 2014 for the issuance of the circular to shareholders in relation to the Proposals had been submitted to Bursa Malaysia Securities Berhad (“Bursa Securities”) on even date for its approval (“Application”).

The Application is made to be in compliance with Paragraph 9.33(1)(a) of the Main Market Listing Requirements of Bursa Securities, which stipulates that, amongst others, the listed issuer must issue the circular or document as soon as possible and in any event not later than two (2) months from the date of the announcement or the date the last approval necessary for the corporate proposal is obtained from the relevant authority, whichever is the later.

The Application is being considered by Bursa Securities, the outcome of which will be announced in due course.

This announcement is dated 10 July 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1681893

Posted by tenys1227 > 2014-07-11 09:50 | Report Abuse

any impact for SBC corp? BN increase interest 0.25% ady...

Posted by tiekyu > 2014-07-11 10:37 | Report Abuse

Ikoky, This means that they can't send out the circular of the proposals to share holders on time and need to extend the time up to 25 september 2014.

Posted by spanish > 2014-07-11 14:13 | Report Abuse

SBCCORP go up up up!!! bonus issues!!!

Posted by Stevecheahsw > 2014-07-11 18:56 | Report Abuse

Everyday break new low. Where is suppport line??

Posted by sg999 > 2014-07-11 20:02 | Report Abuse

what is the stop lost?

Posted by kiasu > 2014-07-11 22:12 | Report Abuse

If keep on postpone, sure the price will go down. Public Bank previously target price 1.90,but today I bought 2.13 & 2.14.Hai..............

Posted by kiasu > 2014-07-12 23:47 | Report Abuse

From 5 lots x 1,700 =RM 8,500 + 3 lots rights shares x 1,000 = RM3,000.
Total = RM11,500
Then 3 lots rights shares give 1.5 lots, total =9.5 lots.
Price become RM 11,500/9.5 = 1,210 per lot.
up,up,up now share price 2,130.
If add 0.5 lots make it 10 lots.(add RM1,065,total =RM12,565)
Coming soon 2 lots for 1 bonus lot ,price become (2,130 x 2 )/3=RM1,420.
15 lots x1,420 =RM21,300
Then from 1.42 move again to 1.90 Ha,ha,ha. Heng ya, Ong ya, Huat...... ya.
So........... buy or not to buy is up to you.